May 7, 2010
One Subject At A Time Act: How Financial Reform Could Cost You Your Job
By James Wilson

Quote of the Day: "No Bill or Joint Resolution shall embrace more than one subject at a time, and that shall be clearly and descriptively expressed in the Title." - One Subject At A Time Act, Section 3(a)

We warned you about it last week . . .

The Barney-Frank-Chris Dodd finance "reform" bill could have the effect of stealing your vitamins.

And that's just the tip of the iceberg!

There are provisions in the bill that will give the FTC (Federal Trade Commission) broad, almost dictatorial powers over the American economy. Wait until you see the list in our sample letter to Congress below.

Your company or job could come under the sway of the FTC's vast new powers. This could place your economic future in the hands of faceless, unelected bureaucrats in far-off Washington, DC.

Is this the future you want?'s One Subject At a Time Act (OSTA) was written to prevent outrages like this, because . . .

Empowering the FTC's authority over most industries has NOTHING to do with Wall Street finance. It's an UNRELATED subject.

Please send a letter telling Congress to oppose this grab-bag so-called reform bill, and to introduce the One Subject At A Time Act.

You may borrow from or copy this letter . . .

A classic example of the need for OSTA is the so-called finance "reform" bill. The House version contains an UNRELATED provision giving the FTC authority over almost every sector of the economy.


The FTC is charged with protecting consumers and eliminating "anti-competitive" business practices across all industries. However, Congress reduced the FTC's powers in 1975 and 1980 because it had a bad record of abuse.

The FTC now must closely follow Congressional intent when crafting regulations, and all of its actions are subject to judicial review. Please take note . . .

The current so-called financial reform bill turns back the clock by resurrecting the kind of monstrous FTC we had before. The FTC would have authority to . . .

* Make up new regulations on its own - as an unelected legislature
* Censor the Internet
* Require all companies to undergo costly tests to prove their claims are true before a product can go to market, rather than putting the onus on the FTC to prove their claims are false
* Hold advertisers responsible for claims made by their clients
* Punish companies (and entire industries!) that were NOT RESPONSIBLE for the financial meltdown and recession

The results of this FTC dictatorship would be . . .

* lost jobs as businesses fold due to compliance costs
* higher prices as the FTC increases the costs of producing goods and services

No wonder dozens of industry associations from many sectors of the economy have come out against this dangerous power-grab:

And remember, this expansion of the FTC has NOTHING TO DO with financial reform. It's an UNRELATED subject that punishes industries that didn't cause the recession.

The health of the economy is at stake. MY JOB could be at stake!

I demand that you . . .

* oppose the inclusion of this poisonous provision in the Senate version of the bill
* oppose its inclusion in the final conference committee version of the financial "reform" bill
* and introduce the One Subject At A Time Act to prevent unrelated provisions from being snuck into future bills


You can send your letter using's Educate the Powerful System.

Spread the word! Forward to your friends and share on Facebook!

And thanks for taking action!

James Wilson
Assistant Communications Director

Blog commenting is currently under construction. In the meantime, you can send an email if there's something you'd like to tell us.

What Can We Do For You?

We can help you downsize the federal government, if you want that. All you have to do is join. It's free! In return...

We'll give you an army.

We're recruiting a huge army of supporters to work for what you want.

We'll give you influence.

The Downsize DC Army will exert relentless, resistance-numbing pressure on Congress.

We'll make your voice heard.

We'll use our growing army to make your beliefs heard by everyone, everywhere, every day.

We'll give you winning strategies.

Ideas like our "Read the Bills Act" and the "One Subject at a Time Act" will give you the leverage to win the public debate, control Congress, and Downsize DC!

We'll give you powerful tools.

  • Your free membership includes a subscription to our free email newsletter, the Consent Chronicle, which national talk show host Jerry Hughes calls by far the best newsletter he receives.
  • You'll be able to use our Educate the Powerful SystemSM to pressure Congress. It's easy. All it takes is a few mouse clicks and keyboard strokes. You can do it in your bathrobe while you're drinking your morning coffee, or during a break at work.
  • You'll also gain access to our 16-page strategy document, "The Downsize DC Vision." You'll learn about important insights like "ignoring an axiom," and powerful strategies like "picking off the herd." One reader called this document "the unified field theory" of political change.

To gain these benefits, just enter your email address in the box below and hit Subscribe!

Subscribe to the Consent Chronicle
Enter your email address twice: