Posts Tagged ‘Consumer Protection’

Bad news. The dangerous anti-regulation campaign sweeping Congress has hit the Food and Drug Administration (FDA) – the agency tasked with ensuring the safety of our drugs and medical devices. Over the last two months, several members of Congress have introduced misguided bills that would make it easier for manufacturers to sell new, unsafe medical devices, and in turn put patients’ lives at risk.

"FDA drug approval"

FDA commissioner Margaret Hamburg (right) speaks with Public Citizen president Robert Weissman (left) at a Public Citizen event on July 25, 2011. Click on the photo above to view YouTube video of this event.

Evidently, some members of Congress are buying into the arguments from the medical device and pharmaceutical industries that the process to approve drugs and devices is too lengthy, blocking their products from the market, and depriving pharma and device companies of their precious profits. However, contrary to industry’s statements, the FDA recently reported that its approvals of new drugs have increased.

The industries’ predictable talking points come as they negotiate with the FDA and Congress over a process to reauthorize fees collected from the industry and reevaluate FDA rules and practices. The process is expected to be completed in 2012. Unfortunately, if these anti-safety initiatives gain traction the lives of patients will take a back seat in the negotiations.

The innovation and continued improvement of drugs and medical devices are important health care goals, but the FDA shouldn’t lose focus on ensuring their safety. Recent history shows that dangerous drugs and devices have unnecessarily injured or killed hundreds of thousands of patients, strongly indicating that industry profits trumped patient safety in numerous instances.

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If the 99 percent wants a list of Senators who support Wall Street over Main Street,  Sen. Richard Shelby conveniently collected the names last spring. He organized a letter signed by 44 colleagues demanding that the new Consumer "Bart Naylor" "Financial policy"Financial Protection Bureau be gutted. That’s the hallmark of the Dodd-Frank law approved by Congress to prevent predatory lending, liar loans and the other abuses behind the housing bubble—and our subsequent Great Recession.

The Alabama Republican’s letter carried a threat: The senators would block any nominee to head the agency.

At least one Republican, who wasn’t on that original list of forty-four, may have heard the protests of an America demanding reform, as embodied by the Occupy Wall Street movement. Yesterday, Sen. Scott Brown (R-Mass.) became the first Republican senator to support Richard Cordray’s nomination to head the Consumer Financial Protection Bureau.

Once a director is at the helm, this new agency will be able to start cracking down on the financial industry’s worst abuses.

Brown’s support is a reminder that this should not be a partisan issue. Americans across the political spectrum want meaningful consumer protection to police Wall Street and the big banks.

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"OSHA rules"We’re sure you’ve heard the Big Business hype about how the regulatory process is out of control. Well, as we’ve shown before, that’s nonsense. Here’s more evidence to prove it: The Occupational Safety and Health Administration (OSHA) has produced regulations in the past decade at a far slower rate than ever before, according to a new report Public Citizen is releasing today.

The agency’s inaction on these safeguards have a high cost: More than 100,000 serious injuries, more than 10,000 cases of illness and hundreds of fatalities could have been prevented had the protections not been delayed.

We released the report as the U.S. House of Representatives’ Subcommittee on Workforce Protections, part of the Education and the Workforce Committee, holds a hearing on a proposal that would further thwart OSHA’s rulemaking abilities. Yeah, that’s just what we need (that was sarcasm).

Here are some more eye-popping facts:

  • Since 2001, OSHA has produced just one new health or safety standard every 2.5 years;
  • Individual OSHA regulations have been delayed for as long as 31 years; and
  • OSHA has regulated only two chemicals since 1997; industry, meanwhile, develops two new chemicals every day.

Says Justin Feldman, worker health and safety advocate with Public Citizen and author of the report,

The requirements on OSHA have nearly paralyzed the agency. As a result, OSHA cannot adequately protect workers from toxic chemicals, heat stress, repetitive use injuries, workplace violence and many other occupational dangers. Inadequate regulation imposes tremendous costs on workers, who may be forced to pay with their health or even their lives.

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A photograph of Rick Claypool.

Rick Claypool, online organizer for Public Citizen's Congress Watch

Every time I send an email to urge folks to contact their members of Congress, I get a handful of replies that resemble one or the other of these two quotes:

1.) “I’m not going to contact my member of Congress because he is a crazy, extreme, corrupt nincompoop who is going to vote whichever way the corporate lobbyists tell him to vote.”

2.) “I’m not going contact my member of Congress because I know she cares about consumers, the environment, social justice and generally shares my utopian vision of a perfect world.”

Believe me folks, if you’re looking for a reason not to have to deal with the quagmire of vitriol and rancor that is the 112th Congress, I hear you.

And I wish I could say, “Yeah, don’t bother. You with the corrupt member of Congress and you with the just and principled member of Congress, don’t worry about it. The people who really need to contact their members of Congress – whoever they are – will do so. You can just sit this one out.”

But I can’t say that. Because it’s not true. And that’s not how democracy works.

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Here’s a trick question: What has caused our economy to lose over 8 million jobs in the biggest economic downturn since the Great Depression? If you answered “the unprecedented economic crisis caused by our financial industry’s long campaign to escape government regulation,” well, you’d be wrong.

Wrong at least according to the majority members of numerous House Committees which have convened hearings in recent weeks solely focused on the supposed evils of regulation.  In hearing after hearing, members of the majority have resorted to misrepresentation and misinformation in singling out public enemy number one when it comes to job creation: government regulation.

These hearings demonstrate a central Republican article of faith; any regulation, however sensible and necessary it may be to protect the public, will prevent businesses from hiring. The fallacy of this false choice between regulation and jobs is exposed by a recent study released by the Economic Policy Institute (EPI). The study, entitled “A Lifesaver, Not a Job Killer,” counters the accusation that the Environmental Protection Agency’s (EPA) proposed national emissions standards for mercury, arsenic, and other toxic air pollution, known as the “toxics rule,” would present a threat to job growth.

The study makes an important point that critics of regulation conveniently overlook, namely  regulation can spur creation of businesses and industries that do not currently exist.  It  contends that EPA’s rule to protect the public from toxic pollutants would attract investment and jobs to the environmental protection sector, resulting in a modest overall net increase in jobs. That’s quite a silver lining to a rule that would already lengthen lives, provide better health, and increase productivity by improving the quality of the air we breathe.

Not surprisingly, the benefits of regulation are given short shrift in House Committee hearings. Instead, these hearings demonstrate Republicans’ single-minded emphasis on the costs of regulation. Indeed, a House Committee hearing on regulation cannot be complete without at least one reference to a thoroughly discredited study which claims that the annual economic cost of all regulations total 1.75 trillion dollars. Even Cass Sunstein, the main witness of a recent House Energy and Commerce Committee hearing and Obama’s top regulatory official, called the study “deeply flawed ” when asked to comment on it.

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