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Consumers really need all this protection that they have now.
Let's ask a guy whose life depends on his consumers really happy.
The founder and CEO of godaddy dot job but -- -- proud former marine mr.
Parsons sample -- five Bob good to see again thanks for being here -- ever -- you David great to be here so.
Have we got no more overboard -- this consumer protection stuff.
I'll tell you -- -- when I heard that he was going through with that I couldn't believe it.
I think Tuesday when he shared a glass of wine with the quaint should put Ellis they and hit.
-- -- -- -- -- I -- it is it is unbelievable I mean you look at that deficit is and that -- in the multi trillion dollars.
If anything I expected and the -- lives and maybe cut back and some other areas.
It 44 BC Cicero said.
The more lost the last justice and I tell you were running named -- responsibly for business operators.
Lesson -- justice that translates to costs and that translates in the difficulty doing -- is less job.
Spanish hit it's not like they just hired one person was worn a watch out for consumers.
Very they started this huge agency there we've got a list of all the sub agency there about ten or fifteen sub agencies each one of which.
Is gonna hire at least a hundred people -- adds up to thousands of new bureaucrats.
And you know these these agencies don't go away they just get bigger and bigger.
-- once an agency exists.
I've made it becomes self perpetuating and and and to get rid of it I mean you know you have better luck get rid -- herpes.
-- You know you've got.
That's a valid thing.
Yeah boy Bob you are showstopper I gonna affect the thing about consumer protection though is is that right now with the Internet you know what's so well you're part of -- that's the adult -- business around it.
There -- so many ways in which your reputation catches up -- happens good reputation like you have.
A lot of people by the way you say you know when we have a problem godaddy we call and they give us -- help we need.
That catches up -- a positive way if you're if you're doing bad stuff that catches up -- -- have lightning speed so isn't transparency.
More -- and a new government.
Agency as far as as far as consumer protections concern.
Well absolutely transparency is more important but keep in mind.
Government moves at a snail's pace and and this new organization is going to be no different so whatever wrongs they -- -- going to be long after the fact.
And you know your your part those -- going to be stacked up like court what.
-- -- -- -- An article and it still is best for people to use social networking use common sense I mean what we always did user -- Should protect herself.
I'm only the government do an app for us it's just gonna do anything to hurt you I mean we know that we as you say it's probably just add an audience targeted waiting to help the -- -- but will it actually hurt business.
-- can be sure it's gonna hurt business because what they're going to do.
Is they're going to enact a bunch of new regulations.
Right and you know instead of enforcing the laws we have -- -- box.
We've got a bunch more all -- what do we have to understand.
We're gonna have to deal with their visitors and and you don't.
Ronald Reagan said he said -- -- the seven words or what but he said several words you don't want to ever hear itself from the government and I'm here to help.
That's right absolutely but didn't -- we still we have this man -- Whenever you hear the phrase consumer protection you know that the skies open up -- these angels saying everything is supposed to be hunky -- you're supposed to -- -- -- the very phrase.
Consumer protection do you think consumers are actually getting wise that fact all you govern -- -- don't help.
Well you know -- I think consumers know that are you know they need to be careful -- they do business with.
And they need to make -- reputable and you know I don't know that there's too many consumers in the US today affected -- you know.
I was getting ready to make a purchase in the government stepped in and they helped me.
And it and it prevented me from getting ripped off as not -- problem.
Well let -- take when you couple this with the fact that we've got the deficit that we -- -- and and he's talking about reducing the deficit.
And being fiscally responsible he does this.
Among -- got me scratching my head well -- It beyond the cost of this thing and -- cost of all the bureaucrats and everything is is what it will do.
Two credit in this country credit -- -- that the small business you're you're probably big -- -- you don't have to worry about a lot of small businesses can't get credit right now because of all the new -- Now they're doing it because they say they want it -- prevent another financial collapse like we had in 2008.
But that they're put all the blame for that financial collapse on banks put none of the blame on themselves and what they did with Fannie and Freddie.
Well I mean you know I'll tell you what a classic example is look at -- -- all those billions of dollars.
I mean here's a guy that took all those billions never -- an investment the government never took a look at it.
All right so.
I mean it's like what are they gonna do.
Amid aren't gonna do is spend money and complicate things more than they already are not tell you what up a strong proponent of we don't -- Yeah I agree got her sent by the way I've got to give -- -- plug because this Sunday we just said Danica Patrick on your godaddy girl.
What a wonderful gal she is and she's going to be racing in the Indy.
500 is this Sunday at noon and I guess you're gonna be there -- sponsorship right.
You can be sure I'll be right to -- with third and I'll be I'll be cheered -- on.
-- played she got a she got overall video and in the wake qualified went up because she's so good.
She still -- -- qualify 26 has been moved up one bit.
Thank you went from there are -- -- And you'll be in the pit -- god bless Jen and Jack have a great Memorial Day weekend to you are proud former marine god bless you -- five Bob always a pleasure.
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