Monday, October 31, 2011

My Hero!!!

Demonstrating once again that he possesses very little insight into the world of profit-driven business or for that matter simple reality, the Messiah is going to fix the problem through executive order and regulatory fiat.

Bamster Orders FDA to Eliminate Shortage

How does that work?

How does a company know six months in advance that demand is going to outstrip supply?

Does he believe that a company seeking to maximize profit during the period of patent protection for a necessary pharmaceutical would intentionally allow their production and therefore their profits to lag?

In their own words:
The FDA says major causes of drug shortages are quality or manufacturing problems, or delays in receiving components from suppliers. Drug makers also discontinue certain drugs in favor of newer medications that are more profitable. The FDA does not have authority to force drug makers to continue production of a drug.
So, by simply ordering it to be so, the FDA will somehow raise quality, correct manufacturing problems and erase delays from suppliers? In the process they will further mandate that drug companies continue production of unprofitable lines and discourage use of newer and therefore more effective drugs.

What genius!



Anonymous said...

And in the evening, Prezident O walks out onto the portico and commands the Sun to set.

The Donald said...

In addition to driving the Chevy Volt at the airshow, son and I drove Fiat 500s (Cabrio and standard versions). The Italian automaker should sue the Messiah for giving Fiat a bad name.

Obama issues a plethora of EOs - and they called Nixon's the Imperial Presidency. Amazing!