The Wow I Can't Believe That News Story Thread

[Ninetales]

Originally Posted by Frownland

Live stream: President Trump signs the "Right to Try Act"

Snake oil salesmen - 1
Research ethics - 0

So long people dying from uncured diseases, hello people living their final days in agony from experimental treatment!

unless im misunderstanding here.. hypothetically I could make a drug, ensure that it doesn't kill animals or 20 people and then, without any actual studies done on specific condition or disease treatment, say it might cure your cancer and sell it to dying people?

who's responsibility is it to market/administer these drugs? is it doctors recommendations or just some guy in a van driving to hospices selling death sticks?

[Frownland]

Originally Posted by Ninetales

unless im misunderstanding here.. hypothetically I could make a drug, ensure that it doesn't kill animals or 20 people and then, without any actual studies done on specific condition or disease treatment, say it might cure your cancer and sell it to dying people?

You can already do that a la alternative medicine, but those with the authority to distribute medicine (docs) can lose their jobs for prescribing non-approved treatments.

who's responsibility is it to market/administer these drugs? is it doctors recommendations or just some guy in a van driving to hospices selling death sticks?

The company is the one that markets the drugs/treatments to the doctors (and patients for brand awareness) who are now authorized to prescribe them.

[Ninetales]

so get a few docs in your pocket and boom g2g

[Frownland]

This treatment has been approved by Dr. Oz, Dr. Phil, and Dr. Oc

[Frownland]

The Fed just proposed a plan to make life easier for banks by loosening the 'Volcker Rule'

Would be a good move imo, this rule has contributed quite a bit to the corporatization of the banking industry (well, more corporate than past decades, that is).

[Chula Vista]

Originally Posted by The Batlord

just stick to smiling and looking wrinkly.

I'm working on it.

[The Batlord]

Originally Posted by elphenor

I don't know that banks are more corporatized now considering they were max, cause the financial crisis, entirely motivated by short term profit corporatized already 4 years ago when this rule was implemented

Plankton, you can ban me if you make elph rewrite this sentence.

[Frownland]

Originally Posted by elphenor

I don't know that banks are much more corporatized now considering they were max, financial crisis, entirely motivated by short term profit corporatized already years ago when this rule was implemented

Or I guess I just don't know what you're referring to

point of the rule is to curb bets with depositors money that contribute to financial collapses being catastrophic

Small banks were getting in on that action too. The number of banks in the US has been almost cut in half since 2005 despite levels of debt owned by banks increasing. Less banks on the market make investing in smaller businesses and banks more expensive, playing right back into the hands of the big wigs, basically. Rich done getting richer.

The softening of the rule will actually bring it back to its original form from before it got bogged down by industry lobbyists.

[Frownland]

Originally Posted by elphenor

they want to take chief executives of banks word for it, brilliant

Shhhh nobody tell him about benchmark rates.

[DwnWthVwls]

Originally Posted by Chula Vista

(I know you peeps hate when I play the age card, but I'm playing it)

DWV, the older you get the more closed the window into your ideology becomes. The concrete hardens more and more with each passing year. At this point (turned 58 today - YAY!!!) there's a number of fundamental things, subjects, positions, etc. that I'm steadfast in, i.e., not open anymore for debate.

I've said this a number of times, I didn't sign up for a debate club. If you disagree with one of my positions, fine. Just stop trying to subtlety make me out as a dullard for holding them.

All I got from this is that its correct to be racist if youre old and believe your racial superiority is true. I dont care what you think is true. I care about believing something for a logical reason and whats actually true based on the reality we experience.

If you believe something without sound reasoning you are a dullard.