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Anyone that has worked in any highly regulated industry knows that its almost impossible to comply with every rule. Even the regulators themselves, (and the ex
by TheMagicHorsey 4y ago
Anyone that has worked in any highly regulated industry knows that its almost impossible to comply with every rule. Even the regulators themselves, (and the ex-regulators that you hire to run your compliance team) often have absolutely no idea how to get anything done AND comply with all the regs.
As an example, its simply impossible to build a factory on a greenfield site in California today and comply with all the regs. Its just insane.
Or try to set up a drone testing field anywhere in California.
- hansel_der 4y ago> Anyone that has worked in any highly regulated industry knows that its almost impossible to comply with every rule. true otoh there is something like "compliance with the spirit of the regulation" that is morally acceptable but will be exploited unless fiercely and proactively defended.
- ibejoeb 4y agoIt's certainly true that some regs exist solely as alternative tax regimes, but Pfizer is chock full of really bad stuff. There are numerous instances of falsified study data and many instances of injury. We can't have it both ways. Since we're going down the compulsory dosing route, and we can bypass the necessarily arduous approval process for drugs, someone's gotta pay up when there's a mess. This is the same thing that caused the Boeing fiasco. "It's really hard to certify an airframe" turned into "in this case it's nbd," and that turned into a bunch of planes crashing.
- isitmadeofglass 4y agoThat explains it. Obviously the did nothing write. “Judge, when we illegally marketed this drug to make a fortune while knowing it was actually hurting the patients, we were in fact doing nothing wrong because you see, it’s difficult to set up a drone testing field in California!” It’s like the Chewbacca defense.