posted on Sep, 16 2011 @ 04:14 PM
Originally posted by DontTreadOnMe
I just wonder how far the FDA would go.
Is it a ploy to get the smaller companies bankrupt?
Becasue I gotta think some of the drug companies are making money off these supplements, too?
Who would they limit their bottom line, too?
Virtually all regulatory schemes, regardless of their motives or intent, have the effect of harming small business, which in turn feeds corporatism.
Big corporations are much more capable of dealing with the regulatory schemes than small business is. In terms of the FDA, if this agency is given
authority to "approve" supplemental vitamins, herbs, and minerals, this means there will be a moratorium placed upon these items for a period of
years while the FDA investigates the products for "approval". Corporations will not be able to sell their vitamins until they are approved, just
as the mom and pop vitamin manufactures will not be able to either. The difference is that big pharma can absorb any loss incurred by this
moratorium, but the mom and pop industry cannot.
Regardless of the motives, regulatory schemes are almost always devastating to economies.