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NC Representative Sue Myrick |
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North Carolina Rep. Sue Myrick is a co-sponsor of the bill HR1220. The bill would essentially legalize product based pyramid schemes, and is inappropriately named the "Anti-Pyramid Promotional Scheme Act of 2003". See the article at www.pyramidschemealert.org The Amway/Quixtar IBO denies knowing the bill would legalize product
based pyramid schemes. Charlotte, NC TV station "I had heard nothing about it until your
phone call frankly so this is news to me," "Any type of a pyramid promotion is not something that should
happen and Here is the audio
from Channel 6 The Amway/Myrick connection was revealed in a motherjones.com article. Amway contributions to Myrick's campaign constituted the largest single soft money donor to any campaign (House or Senate) in the 1994 congressional elections! More than Enron or its lawyers (Vinson & Elkins), more than any bank or investment house contributed to any single campaign. Despite the fact the Mrs. Myrick said that The main point of contention for a product-based pyramid is the percentage of products moved to retail customers (non-participants in the compensation scheme). The requirement that a majority of sales be made to non participants of the compensation scheme is needed to ensure a MLM has competitive products that serve retail customers. Without this requirement, anyone could start a pyramid scheme by selling worthless or overpriced goods, using the overpayment as the entrance fee to participate in the pyramid. The Omnitrition MLM was shut down for being an illegal pyramid since the majority of sales were only to the scheme's participants. Id., 177 F.3d at 481. Indeed, the Sixth Circuit noted that the payment of money that is unrelated to sales of products to retail customers is the sine qua non of an illegal pyramid scheme under the Koscot test. Id. at n6 (citing Omnitrition). Quixtar has openly taken exception to the Omnitirition precedent about "personal consumption" by claiming the 70% rule can be fulfilled by self-consumption from distributors. The HR1220 bill specifically mentions the Omnitrition ruling, and is designed to override the existing precedent. "(4) The Ninth Circuit Court of Appeals erred in defining a pyramid promotional scheme in Webster v. Omnitrition Int'l, Inc. (79 F.3d 776; 9th Cir. 1996)." Since Myrick has been the recipient of hundreds of thousands of dollars in contributions from Amway/Quixtar distributors, it is no wonder she is a co-sponsor of HR1220. The bill is also backed by the Direct Selling Association (DSA), of which Amway/Quixtar is a member. Myrick was appointed to the House Committee on Energy and Commerce on January 28, 2004. This is thee same committee that will consider HR1220. Will the law get changed before Quixtar is finally challenged by the regulators to be an illegal pyramid scheme using the Omnitrition precedent? |
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Sue Myrick accepts $20,000 in checks from Birdie and Doyle Yager at a Yager Dream Night in 1992. All the contributions were from Yager relatives or employees.
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Dexter calls on the troops to support Ms. Myrick for her Senate race regardless if they live outside of North Carolina. Her senate race failed
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Bill and Hona Childers introduce Ms. Myrick at a Yager function in Charlotte in 1987 as she ran for Mayor. Myrick has spoken often at Yager functions.
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Here is a list of some of Myrick's more prominent Amway donors from Opensecrets.org: Rich DeVos, Doug DeVos, Birdie Yager, Dexter Yager, Jeff Yager, Jerry Boggus, Holly Yager, Billy Florence, Margaret Florence, Lorryn Yager, Patricia Yager, Joann Childers, Rhonda Yager, Richard Yager, Scott Michael, Marsha Michael, Steve Yager, Joseph Victor, Bonnie Howard, Terri Brady, Tim Bryan, Patricia Coniguliaro, Susan Covino, Sharon DeLilse, Don Storms, G. Lee Storms, Don Wilson, Nancy Wilson, InterNet Services, Yager Enterprises, Don Held, and Jerry and Cherry Meadows. Other supporters of HR1220 from Opensecrets.org : |
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WCNC News 6
