Stossel: How the FDA Kills

The FDA is a tool of vested interests. Under the guise of keeping the public safe the Food and Drug Administration often does exactly the opposite.

(From Reason.com)
“There is so much corruption at the Food and Drug Administration … so much anticompetitive bias.”

The FDA takes bribes?

“Almost,” Emord explained. “If you feather the right nest, you will do well for yourself after you leave. This is well known.”

This is known as “regulatory capture.” A regulator makes it tough for some company’s competitor and then gets a job with the first company when he leaves his government job.

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