“Oh we don’t need regulation! We don’t need Big Government watching out for us. The Free Market is all we need, its self regulating.”
Businesses here and abroad simply can’t be trusted to do the right thing. Now, in the past, or ever. Sure our government has its problems and corruptions, but its all we’ve got. Leave industry and the ‘Free Market’ to itself and we’ll shortly be living in a very toxic polluted posionous world.
[India is,] coming under increased scrutiny by American regulators for safety lapses,falsified drug test results and selling fake medicines.
India’s pharmaceutical industry supplies 40 percent of over-the-counter and generic prescription drugs consumed in the United States
One widely used antibiotic [in India] was found to contain no active ingredient after being randomly tested in a government lab. The test was kept secret for nearly a year while some 100,000 useless pills continued to be dispensed.
Its even worse in China. They won’t let us in to regulate them.