Thursday, November 18, 2004

Deregulation Is NOT Your Friend

Story Link Here

"FDA flexing less muscle" by By Marc Kaufman and Brooke A. Masters

In the past four years, the Food and Drug Administration has taken a noticeably less aggressive approach toward policing drugs that cause harmful side effects, records show, leading some lawmakers, academics and consumer advocates to complain that the agency is focusing more on bolstering the pharmaceutical industry than protecting public health.

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Understand this: the administration believes that over-regulation has stifled the economy and industry. They believe that corporations are capable of policing themselves in the absence of government regulation. That is their ideology and their approach to government with respect to corporate law and governance. Some of you may choose a side simply on that understanding. Others may need to think about it a little more. For those people, I ask you this:

- If the industries most regulated, and targeted for deregulation, are in such need of help, why are many, if not most, recording enormous, if not record profits?

- Is it the government's job to protect corporations or people?

- If the government succeeds in passing tort reform legislation, under the camouflage of healthcare cost savings - which has been shown to be bullshit, AND the government dispenses with regulations regarding how business is conducted, what remedy will the average American have to seek restitution or justice should a corporation produce a product or service that does real harm to that person or their family?

- Why does there seem to be a correlation between those industries being deregulated and those seeking corporate welfare or tax breaks?

- Given the history of corporate greed, abuse, malfeasance and tax evasion, do YOU think they are capable of policing themselves?

- Do you know the number of regulations that have been set aside in every government agency since 2001?

- Do you understand that regulations can be set aside WITHOUT congressional consent?

- Do you feel safer in trusting the government to protect you from corporate abuse and mistakes or the corporations?

Answer these questions to yourself honestly and then make a choice about who will best represent you in the future.


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