I think Respert has the right idea. I've been POC on the industry side with 2 large US bureaucracies for a little under 3 decades. Large bureaucracies are cumbersome and rule laden monstrosities. They are not well designed to be very innovative procedurally and they are constantly besieged by hucksters trying to sell their new form a "snake oil" to a huge market. A bureaucrat just trying to do their 20 and land a fat cat industry job survives by following the rules and not sticking their neck out on some "snake oil" that may not work and may have currently unknown safety issues. I can also tell you kicking sand in the face of a bureaucracy is a really bad idea. Some here just can't stop beating that very dead horse. It's over, it's done, we brought on our own issues with them. That some of it from the FDA appears purposeful and punitive is possibly true, but you continue to piss off someone in power you should not be surprised when the very human bureaucrat on the other side smacks you in the mouth. Making a common comparison to a poker game they not only have the better hand, they control all the cards. They tend to absolutely despise obvious hucksters like Nader. They don't want their careers to be soiled by such people and their coworkers and leaders understand completely. They have a certain way things need to be done and tons of paperwork all requiring exactness. I have worked with people who have graduate degrees in government paperwork. Your common bureaucrat has little to no authority to be flexible, or innovative. The way it is explained in the manual is the way it will be done today and tomorrow until the manual changes, or someone higher up signs off on taking the blame for it if it goes bad. Expecting a large bureaucracy to act like an innovative business is naive in the extreme.
The above said I have found your standard bureaucrat to be someone trying to do the right thing and in most cases quite competent. Generally the problem is the rules, not the individual; and the rules, though quite cumbersome, are necessary to maintain order within a very large system.
CYDY under Nader is the exact model of what bureaucrats hate. Dr. JL's description of the company under Nader is all you should need to know to understand many of the reactions from the FDA.
The good news is a very competent Dr. JL is at the helm and we appear to have a damn interesting molecule in our control. Money problems to be sure. I don't expect much this year, but I believe we are now on a path that will shine a very bright light on an extremely interesting molecule.
Category: EconomyTotal Views: 86 By : EditorUpdated: 05-19-2024
Introduction: Inflation and Deflation
In the economic realm, inflation and deflation are fundamental in the field of economics. Mastering these topics requires both sellers, buyers, and policymakers to have an insightful understanding as well.
What is Inflation?
Inflation alludes to a gradual, long life increase in the prices of services along with the goods in an economy. Gradually, it leaves people with purchasing power as money value buildings up where the price for the same amount o... Continue Reading
Introduction to Setting SMART Financial Goals
When it comes to financial success and secure a lavish future, setting SMART financial goals is one of the easy ways. It doesn't matter whether you wish to get married or save for a down payment for your house; one thing cleared is that having a clear and strategic approach to goals is essential.
Setting SMART goals mean that your ambitions meet the Specific, Measurable, Achievable, Relevant, and Timely criteria. With such a structure, purp... Continue Reading
Category: MarketsTotal Views: 83 By : EditorUpdated: 05-19-2024
Introduction: Examining How Geopolitics, Economics, and the Environment Shape Market Trends and Investment Plans in an Interconnected World
In today's interconnected world, global events profoundly impact market trends and investment plans. Understanding how geopolitics, economics, and the environment influence these is crucial for investors navigating uncertainties and capitalizing on opportunities. This section provides an overview of how the... Continue Reading
Category: StocksTotal Views: 94 By : EditorUpdated: 05-19-2024
Introduction: Penny Stock Analysis Metrics
Can you imagine a situation where you are cracking some of the dirt's deepest secrets and making a killing with your virtual $4,300 microcapital asset, armed with all the powerful means of technology and metrics that guide the way of your investment towards profitability? As far as penny stock exchange is concerned, it's true that knowledge is power in it. Beyond that, the usual mental effort of traders, which have lost some of their position... Continue Reading
Category: Real EstateTotal Views: 134 By : EditorUpdated: 05-19-2024
Introduction: 10 Easy Tips for Smart Property Investors
Are you investing in real estate? Prepare ahead to avoid costly surprises down the road. Imagine buying a property only to learn about hidden issues later. Wouldn't it be better to anticipate risks early on?
In real estate, staying informed can make or break your success. That's why this guide will help you.
Discover simple strategies to safeguard your investments.
Learn pract... Continue Reading
Category: MarketsTotal Views: 249 By : EditorUpdated: 05-19-2024
Introduction: Another Trading Week Ahead
Prior to the beginning of yet another trading week, let us sift through all the noise and put our focus on those things which may have an effect on Monday the 20th of May 2024 regarding the stock market as well as wider financial systems. Hence, it is necessary for you to be aware of probable market movers, trends and economic indicators that might influence your investment strategies. Therefore following are what shrewd investors need to keep watch ov... Continue Reading
Introduction: Live Debt-Free
Are you burdened by multiple debts? Imagine a life without monthly payment worries, where you can focus on your dreams. Smart debt consolidation can make this a reality and lead you to a debt-free future.
We will explore creative approaches to tackle debt head-on and regain financial control. From understanding consolidation benefits to unique debt management methods, this blog guides you towards financial ... Continue Reading
Category: InvestingTotal Views: 263 By : EditorUpdated: 05-18-2024
Introduction
Before we get started let me just tell you that as a Wall Street analyst with two decades of experience, I've seen more than my share of investors get soaked. But fear not, I will share some of my wisdom on how to weather the storm.
Understanding Market Volatility
Before we go any further, we must learn to tame this beast called "volatility." It is a statistical measure of the dispersion of returns for a particular security or market index. Put simply, it is h... Continue Reading
Category: InvestingTotal Views: 342 By : EditorUpdated: 05-18-2024
Introduction to Smart Investing & Dollar-Cost Averaging (DCA)
This is for everyone, but especially those just starting out on their path to financial freedom, investing is often very scary. It can be overwhelming with markets constantly moving up and down and so much to learn! But don’t worry there is one strategy that has been around forever for being simple yet effective: Dollar Cost Averaging (DCA). This blog post will explore what this means and how it can help beginners and eve... Continue Reading
Category: StocksTotal Views: 306 By : EditorUpdated: 05-18-2024
Exposed: Insider Trading in Penny Stocks
Tales of fortunes made and lost are common in the world of penny stocks. These shares, which typically trade for under $5 each, can be extremely volatile and may deliver substantial profits for investors. However, they are often linked with fraudulent schemes and illegal practices such as insider trading. This post will explore what penny stocks actually entail and how insider trading operates within this risky investment arena.
What Exactly Are Pen... Continue Reading