Elections and Consequences I

FDA warning letters to companies for (un)truth-in-advertising. The FDA is flexing his muscles to, you know, protect consumers and also business. Consumers is obvious, but business needs to know that in these uncertain times it is best for businesses to be trusted. As Toyota has demonstrated recently, it behooves their bottom line to be honest and upfront with their consumers. You lie, deceive, or spin too much and consumers find out you can suffer for years -- see the US automakers.

Here is the Washington Post article on it, and here is the FDA warning letters

This also reminds me of the Health Care Summit last week when Obama was addressing Eric Cantor about cost controls. I think his analogy might have been a bit imperfect, but the terseness of the message was spot on about the role of government.




image: "Old Gold Cigarette Advertisment 1954" from jackie121467l