Gyroscopic Investing

• Circumvent the FDA’s New Dietary Ingredient Industry Guidance. FDA and the dietary supplement industry are currently engaged in conversations regarding implementing a new dietary ingredient notification process. The Durbin amendment creates an entirely new law that would require new FDA regulations, likely erasing nearly two decades of DSHEA’s positive influence in favor of Durbin’s knee-jerk approach to governing.
• Require that a “facility engaged in the manufacturing processing, packing, or holding”? of dietary supplements to register with the FDA. Title III of the Public Health Security and Bioterrorism Preparedness and Response Act of 2002 already requires supplement facility registration! Extra regulation drives up costs of supplements.
• Hurt businesses and the economy with burdensome and unexpected new regulations. Supplement manufacturers have thirty days to register their products after marketing or face charges of misbranding. Given that there are thousands of products currently in the market, these regulations will force significant numbers of products off the market as industry adjusts to the new regulations, costing the industry significant revenue, and causing the loss of American jobs. Most importantly, this amendment would drastically limit you access to supplements as companies would likely remove their products from store shelves in order to meet Durbin’s thirty-day deadline.

lazyboy wrote: I signed on to the petition. I agree that there is an irrational bias against supplements, herbs and alternative medical practices in general. And I surmise there is big money behind these efforts from the drug manufacturers.  I think people should have free choice to explore alternative healing practices. Let unbiased evidence (if that truly exists) show what is healthy, what is toxic and what is ineffective and/or costly. Unfortunately, I suspect and fear that many approved drugs will be shown eventually to be toxic, costly and/or ineffective. There is a deal of money spent  and effort made to discredit supplements while criticism of allopathic drugs is usually suppressed in the media.  However, I think the government and FDA should be concerned about maintaining the purity of the supplements that are sold.

Benko wrote: The most useful division of people is not into democrats and republicans, but into those who want to control other people and those who don't.

I don't remember where that paraphrased comment comes from.