FDA only benefits Big Pharma and Big Food corporations

Clip from SchiffRadio.com

The FDA is bought and paid for by the corporations, it only acts to restrict entry into the market and reduce competition. The big corporations can profit while the little guys are put out of business and bought out by big business.

This is an excellent example of regulatory capture in the real world.

http://en.wikipedia.org/wiki/Regulatory_capture

"If the government is to tell big business men how to run their business, then don't you see that big business men have to get closer to the government even than they are now? Don't you see that they must capture the government, in order not to be restrained too much by it? Must capture the government? They have already captured it."
-Woodrow Wilson

Category:

News & Politics

Tags:

• peter
• schiff
• fda
• regulatory
• capture
• government
• regulation

[cbuma]

@gulbirk Please actually watch the video before saying something like that.

[gulbirk]

No, actually the FDA benefits anyone who is serious, retard. Anyone can get any kind of approval from the FDA as long as the food isnt actually dangerous. So if you say that only big corporations can produce safe food then congratulations from buttfucking your own ideology.