Quote:
Originally Posted by Elephant Walk
Regulations aren't necessary. They're heavy-handed and generally hurt, instead of help. Let the market decide. The only regulations necessary are those which ensure property rights. As long as property rights are in place, the economic system will remain in place.
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I call mega-BS on that! Without the FDA, we would have pharmaceutical companies putting out any medication without properly testing them then withdrawing them from the market before the cost of litigation gets too high. That may be okay from a business perspective, but from a medical and an ethical perspective, it's not okay! We already don't like when drugs get past our strict testing with the FDA, and we end up with drugs like VIOXX, or Phen/Fen causing problems. Don't even get me started on the "health supplements" that don't even have to be regulated but have major health risks, are falsely advertised and routinely removed from the market. I for one thank our government for doing it's job with the FDA. We have the safest drug market in the world thanks to their work.
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