Jim Edwards did an interview last week with Rich Cleland, an assistant deputy at the FTC.
Get info about the new guidelines that go into effect December 1 here:
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Some disturbing news from the FTC. Seems that you can now be fined for exercising your right to free speech:
I’m still flabbergasted, but I guess I shouldn’t be surprised. It’s perfectly OK for a cemetery to rip you off because the FTC can’t be bothered to make them follow the same rules funeral homes do…not that they don’t rip you off either, but there are at least some rules.
However, if I’m understanding this correctly (and please set me straight if I’m not), Joe Shmoe has to disclose if he’s helping his brother-in-law get his business up and running, or if he’s getting a free movie ticket for encouraging others to go see a particular movie.
Is a blogged endorsement for a product or service false or misleading because someone is being paid for it? Certainly not. It’s one type of joint venture and businesses do it all the time. It’s one way any smart businessman makes money.
What ever happened to one doing his or her due diligence and the concept of caveat emptor? Or are we so stupid and incompetent we have to have the gubmint take care of us and bubble-wrap us from our own mistakes?
My guess is that somebody got ripped off and knows someone at the FTC.
Color me disgusted. What do you think?