As we have said many times the FDA and the pharmaceutical industry are partners. This superb video examines this partnership, crony capitalism in general, and why it is that self interested trade typically benefits society as a whole.
Is blocked by our crony capitalist medical system.
Many companies hope to send an employee into a government agency to influence regulation. How much better if the employee can actually shape government regulation to promote and sell a specific product! Monsanto seems to have accomplished this — and much more.
No–the government seems determined to stop it.
We have no affiliation with the Surgery Center of Oklahoma but if I needed knee surgery this is probably the first place I’d consider.
The reason marijuana, pot, cannabis, whatever one wants to call it is illegal is because the pharmaceutical companies know it works and it can be grown, for free, in anyone’s kitchen window. The alcohol lobby has also fought cannabis legalization, as have the prison guard unions who need to keep the prisons filled to keep money flowing.
The folks at the National Institutes for Health are pretty much convinced that the world would stop turning if it was shut down. The medical Brahmans in Bethesda Maryland know that if just enough taxpayer money is thrown at them the world’s ills will disappear eventually. But “eventually” seems to be a very long time.
The government wants to know everything about you.
You know why healthcare costs so much? It is completely opaque. It has become totally separated from the free market and price signals. As a result people suffer. People go bankrupt. People don’t get the treatment they need.
Insurance companies have grown fat partnering with government and are about to grow even fatter under Obamacare. These companies revel in government induced opacity. It makes them lots and lots of money. What the current medical establishment fears is not government, but a free market and truth in pricing.