too many regulations

labrea_gwOctober 10, 2012

On Fox News this afternoon, a conservative political analyst suggested the current outbreak of a rare strain of meningitis stemming from a Massachusetts-based compounding pharmacy's contaminated steroid shots is the result of too much government regulation. Andrew Napolitano told host Neil Cavuto that the shots that exposed thousands of Americans to meningitis and contributed to eight deaths made it to the public market because insurance companies aren't in charge of regulating drug production and distribution:

Compounding companies are not regulated by the FDA!

Here is a link that might be useful: Menengitis

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david52 Zone 6

Can't you just wait for the return of the neocon ideologues and their market solves everything once again?

Hey, if enough people die from this, then patients will go elsewhere.

    Bookmark   October 10, 2012 at 7:11PM
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nancy_in_venice_ca Sunset 24 z10

Can't you just wait for the return of the neocon ideologues and their market solves everything once again?

God help us! We're really going to need divine intervention if the free-market fundamentalists are welcomed into the White House (and I wouldn't be picky about which Deity chooses to help).

    Bookmark   October 10, 2012 at 7:41PM
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Cavuto's logic is if the Insurance companies oversaw this could be sued & that would make them more diligent. Well actually that would just hasten republican efforts for so called tort reform to end FRIVOLOUS LAWSUITS. LOL

The biggest penalty payouts to the Fed in the last 10 years were as a result of the wrong doings of Drug Companies trying to run the blockade of over site & regulation!

    Bookmark   October 10, 2012 at 7:45PM
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Why on earth would insurance companies be in charge of anything besides insurance? Insurance companies handle insurance, and are not government agencies charged with the public's safety, nor do they specialize in anything resembling pharmaceutical manufacture or oversight.

Where the hell does this idiotic idea come from? Napolitano needs a brain scrubbing, or perhaps his brain needs to be reattached to his mouth. Man, that has moron written all over it!

Compounding companies do not currently fall under FDA regulations, though they should. But when regulated, why would insurance companies be the chosen tool of regulation? That makes no sense, whatsoever. Market does not solve everything, and cannot be trusted to solve everything.

In fact, it would be more accurate to say that market and profit are the cause of problems within the public sector, as pharmaceutical corporations hide evidence of drugs that don't work or have devastating effects or side effects, as they run the blockade of oversight and regulation, as Joe states, all in a rush to get a product to market for the sake of profit.

I was just reading an article yesterday about dissension within the ranks of psychiatry, the pharmaceuticals used therein, and how profit, payoffs, and hidden information interfere with what's best for the public, the patients.

If the human condition didn't include a lack of ethics and integrity, and if greed weren't so uppermost, we might be able to trust in corporations and the market to "do the right thing". But those who represent these entities consistently manipulate things in order to pull greater profit from it. The safety of the public is the last thing they care about.

Lawsuits, too, have become necessary evils within our world of business. We shouldn't have to take anyone before a judge or jury because they are dishonest.

Just look at what our world has become. It's sad, and a little bit frightening when media voices sell the greed of corporate entities through idiocy... and even more sad that the public buys into it.

    Bookmark   October 11, 2012 at 10:12AM
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Here's another good thread, relegated to sinking like a rock. Why is it always the good ones that sink so fast?

    Bookmark   October 11, 2012 at 2:02PM
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