Author Topic: Anti-vitamin amendment into Wall Street reform bill  (Read 672 times)

Ron

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Anti-vitamin amendment into Wall Street reform bill
« on: May 03, 2010, 02:05:46 PM »

Jeez - unfortunately, this is what we have to deal with here in Los Angeles - someone who thinks they look good in front of the people, so he can put something in his resume that he did, even if it is pathetic.

http://www.naturalnews.com/028687_Henry_Waxman_health_freedom.html

Of all the sneaky tactics practiced in Washington D.C., this recent action by Congressman Henry Waxman (D-CA) is one of the most insidious: While no one was looking, he injected amendment language into the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) that would expand the powers of the FTC (not the FDA, but the FTC) to terrorize nutritional supplement companies by greatly expanding the power of the FTC to make its own laws that target dietary supplement companies.

This is a little-known secret about the FTC and the nutritional supplements business: The FTC routinely targets nutritional supplement companies that are merely telling the truth about their products. Some companies are threatened by merely linking to published scientific studies about their products.

The FTC does much the same thing. They target a particular company that's having success in the natural products marketplace, then they accuse that company of "inferring" that their products have some health benefit. From there, the FTC demands that the company engage in paying a massive fine to the FTC, which the FTC calls "consumer redress" even though none of the money actually goes to the consumers.

If you try to fight the FTC, they haul you into their own special "FTC courts" which are not public courts where you have the benefit of a jury, but rather they are courts where the judges are actually FTC employees and you have no rights. You are essentially guilty until proven innocent, and virtually no one has been found innocent by the FTC.


If the King says you're guilty, then you're guilty
The FTC also forces you to sign a "consent decree" which involves you admitting to committing crimes that you have actually never committed. These crimes include the "criminal misrepresentation of a product" by, for example, explaining that walnuts help support healthy cholesterol levels or that cherries ease symptoms of inflammation.

Using these methods, the FTC has extorted tens of millions of dollars out of nutritional supplement companies. More importantly, it has terrorized the industry and put several companies out of business, denying the American public access to products that could improve their health and prevent disease.


Waxman wants the FTC to have even more power over your vitamins
Now Congressman Henry Waxman wants to give the FTC even more powers by allowing the FTC to write its own laws without Congressional approval. This would allow a rogue agency to simply invent any new law it wants, such as requiring nutritional supplement companies to spend hundreds of millions of dollars "proving" the efficacy of a vitamin before they can sell it.

This will allow the FTC to utterly circumvent DSHEA -- the law passed in 1994 that provides basic protections to vitamin and supplement manufacturers. This will result in an FTC war on vitamins and supplements that would no doubt see this rogue agency attempting to destroy the entire industry and imprison the founders and executives of all the top supplement manufacturers.

This is how bad things have become in America today: The criminal CEOs of drug companies are allowed to commit felony crimes, engage in routine price fixing fraud and fix their research with fraudulent clinical trials, yet the FTC and FDA do nothing. But when an honest nutritional supplement company says something like, "Walnuts are good for your heart," they get threatened with imprisonment or have their entire life savings stolen away from them by the FTC through a series of "fines."

Tito24

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Re: Anti-vitamin amendment into Wall Street reform bill
« Reply #1 on: May 03, 2010, 02:16:06 PM »
God forbid that i choose to take 250% of the RDA of Magnesium. :'(

nycbull

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Re: Anti-vitamin amendment into Wall Street reform bill
« Reply #2 on: May 03, 2010, 04:35:15 PM »
cant read all that, but really Ron, something has to be done about the Nutritional industry. They are master manipulators. What woud you recommend?

Ron

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Re: Anti-vitamin amendment into Wall Street reform bill
« Reply #3 on: May 04, 2010, 12:47:08 AM »
cant read all that, but really Ron, something has to be done about the Nutritional industry. They are master manipulators. What woud you recommend?

Some are, who are ruining it for the majority of the companies that work hard.  Funny, here in California - lets go after the nutritional industry, and at the same time, lets legalize marijuana! 

The problem is that the nutritional industry cannot put the money behind some of these politicians like the pharmaceutical industry can. If they regulated these nutritional companies more, then perhaps more people will keep buying OTC and other pharmaceutical pills. 

The FTC / FDA should go after the ones that claim the world, and do nothing. Not companies with are legitimate.

As for manipulators, if some of these products did not work, people wouldnt continue to buy them.  In the age of the internet, it is easy to discount. However, people just saying 'manipulation', 'not real', etc is old - these are the same people who think that UFOs landed in Roswell and conspiracy theories galore.