so no one should regulate the health care industry?
absolutely not. the more regulations/bureaucracy there is, the prices will inevitably go up. and in turn, for the people who can't afford high price meds, the quality goes down....EDIT: and further more, that all leads to the president/politicians pushing for universal healthcare, when with any logical review of any "universal healthcare" from history, that is clearly not the answer to our problems.
the way the health care industry should be regulated, is by: the doctors administering the meds, the pharmaceutical companies making the meds, and the market's(or peoples) want/need for the products...
We don't need the FDA(or anyone else) saying this is a good or bad product, when the companies should know if their product is good/bad, before it hits the market.... if its good doctors will prescribe it, and people will continue to use it, and vice versa.