Tag: regulatory capture

POLITICAL: End the FDA — an agency that has been “captured” and not by the “good guys”!

Published on by reinkefjLeave a comment

https://articles.mercola.com/sites/articles/archive/2021/09/14/fda-officials-resign.aspx?ui=f9839516412491bb1e06c9e47058c6fb81b9b9b6acedf03e65e93dfdb263c1b9&sd=20210317&cid_source=dnl&cid_medium=email&cid_content=art1ReadMore&cid=20210914&mid=DM992732&rid=1264279175

Two Key Senior FDA Officials Resign Over Vaccine Decisions
Analysis by Dr. Joseph Mercola

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While the resignations of Gruber and Krause might indicate to some that the COVID boosters have a political foundation rather than a scientific one, concerns over FDA misconduct have been present for over a year.

In a June 2021 DarkHorse interview,12 the inventor of the mRNA and DNA vaccine core platform technology,13 Dr. Robert Malone, said he’d warned the FDA that the spike protein — which the COVID-19 “vaccines” instruct your cells to make — could be dangerous.

The FDA dismissed his concerns, saying they did not believe the spike protein was biologically active. Besides, the vaccine makers specifically designed the injections so the spike protein would stick and not float about freely.

Well, they were wrong on both accounts. It’s since been well-established that, indeed, the SARS-CoV-2 spike protein gets free,14 and that it is biologically active and causes severe problems.

*** end quote ***

Time to end the FDA and just let the Free Market “discipline” Big Pharma!

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POLITICAL: Make the FDA advisory, not dictatorial

Published on by reinkefjLeave a comment

https://downsizedc.org/etp/fda/

Make the FDA advisory, not dictatorial.

All too often the FDA has been demonstrated to be in bed with Big Pharma. I believe the term is “regulatory capture”. It’s time to separate medicine and government!

Government’s proper role is prevent force or fraud on its citizens. Hence, the proper role is left to the courts for redress of damages. When government decides what’s “best” for individuals, that far exceeds it’s proper role.

The easiest way to fix this is to take the FDA out of the approval process completely and let the people decide. Since they will bear the brunt of the decision, I’m sure they will do a good job.

When the FDA delays or blocks, the victims have no choices.

That’s not the American way.

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POLITICAL: Crony Capitalism meets Regulatory Capture

Published on by reinkefjLeave a comment

http://www.cato.org/blog/california-gives-inspectors-new-power-menaces-more-unlicensed-contractors-jail

SEPTEMBER 19, 2014 11:36AM
State Inspectors Get Run Of California Worksites—At Business Groups’ Behest
By WALTER OLSON

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How could the California legislature have unanimously (as it did) passed a measure curtailing property rights by giving more state inspectors access to places of labor against owners’ will? Simple: it was framed as a pro-business measure. Among its backers were the sponsoring Contractors State License Board and such groups as the Air Conditioning and Refrigeration Contractors Association, the electrical contractors, the landscape contractors, the plumbing and heating contractors, and so forth. 

*** end quote ***

Crony Capitalism meets Regulatory Capture!

It’s all about reducing competition.

That’s the first rule of Crony Capitalism: payoff the politicians and bureaucrats and keep competition out of the marketplace. 

Argh!

Maybe it’s just me.

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RANT: Moat, like around a castle?

Published on by reinkefjLeave a comment

http://www.alternet.org/books/outrageous-david-cay-johnston-explains-how-big-corporations-withhold-your-taxes-and-then?page=0%2C1&akid=10233.1122391.f44_vU&rd=1&src=newsletter813672&t=9

JH: David, you detailed very, very well how we are constantly being ripped off. It’s a death of 1,000 cuts. Why is that? The story that we’ve gotten, for years and years and years, is that we have less regulation in order to spur competition. Ultimately, that competition was supposed to benefit consumers. What’s going wrong?

DCJ: I want more competition. Here’s what really goes on, however. We put up barriers to competition, and in fact, Wall Street has institutionalized this concept. Morningstar, they’re a big financial advice firm. They tell people that they should grade companies and decide whether to buy their stock, based on something called a “moat index.” Moat, like around a castle? A moat index asks, “What barriers has the government erected to keep anybody else from competing against that company?” Indeed, as I show in my book, you could get rich if you invest in those companies that have regulatory moats — where under the name of deregulation, we have insulated them from the rigors of the market. 

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Unfortunately, what we have today is faux capitalism!

The “regulators” are in bed with that which they are supposed to “regulate”.

FDA and Big Pharma is the classic example.

The SEC, FTC, OCC, and all the other bureaucrats are a revolving door with Wall Street.

And, the politicians are like the whorehouse Madam!

Argh!

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“It is a mistake to look too far ahead. Only one link of the chain of destiny can be handled at a time.”- Winston Churchill

INTERESTING: How to get cattle to fatten up?

Published on by reinkefjLeave a comment

http://lewrockwell.com/mercola/mercola181.html

Is This More-Dangerous-Than-Aspartame Sweetener Hiding in Your Food?
by Joseph Mercola

*** begin quote ***

On August 16, 2000, the law firm of Hartman & Craven filed comments on the neotame docket pertaining to the lack of safety data submitted in support of neotameiv, stating in part:

“A food additive petition has been submitted to the FDA for the artificial sweetener neotame. In that petition, the sponsor claims the data presented demonstrate that the compound produces no adverse effects at a dose of 1000 mg/kg/day in the rat. The sponsor also claims that the product should be safe for patients with diabetes. A review of the data submitted to the FDA does not support these conclusions.

In fact, no safe human usage level can be determined based on the submitted data. The animal experimental evidence indicates a toxic effect on growth. The clinical evidence raises concerns about glucose control in patients with diabetes.

Searches for an explanation resolving the adverse findings leave no clear acceptable answers that would insure the safety of the public but does stimulate speculation on questions relating to possible liver effects.”

 

*** end quote ***

Now I am NO fan of the FDA. If you had to advance an example of “regulatory capture” (i.e., those being regulated run the regulatory body), then probably #2 on the list of examples is the FDA.

(#1 is the UN Human Rights Council where horrible dictatorships are a majority on that Council. Talk about the fox “guarding” the hen house! Why “we, the USA, is paying for that whole UN charade is beyond me. Thank Prez Wilson and FDR, what a mess.)

I found most interesting the assertion that using artificial sweeteners fatten you up. Like the cattle cited to bring the up to market weight.

Maybe we’re being dumb about this.

What did “Grok” (i.e., the mythical caveman in the Primal Diet series) do?

Drank only water! Ate only stuff he hunted or gathered.

Maybe we should do the same?

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POLITICAL: What the government is not

Published on by reinkefj2 Comments

http://lewrockwell.com/napolitano/napolitano34.1.html

The Case for Austerity
by Andrew P. Napolitano

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Government is not a jobs program, and government is not your caretaker. Government is an arrangement made by free individuals to protect their rights and their property.

It doesn’t take $3.6 trillion a year to do that effectively in America today. I doubt it takes a trillion. We must swallow the bitter pill of austerity now, on our own terms, while we are still the undisputed leader of the free world and while we still have a Constitution, so that we can restore our prosperity in a way consistent with personal liberty.

*** end quote ***

Certainly seems that the 15T$ national debt is OUR problem.

If we were all on the same page, then we could amortize that over generations.

Bet we could sell 50 year bonds!

But we’re not even on the same planet as some people.

The Tea Party and the Occupy folks were all screaming about the same thing. Crony Capitalism, Regulatory Capture, and Rule by the Effete Elite. (imho)

Time to cut spending. And get everyone back to work.

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