Thursday, May 28, 2009

Making a buck off swine flu panic


My wife works on FDA stuff and found that there are at least 9 companies that the FDA has identified and cautioned for hocking products that claim to "help protect you from H1N1" without any clinical evidence. Magic herbs to protect you against the virus LOL. The "pandemic" didn't last a month and already these guys are working harder than the vaccine makers! Here is an example:

http://www.fda.gov/foi/warning_letters/s7221c.pdf

So if 9 got warning letters, than means that probably 10x as many scamsters exist out there. Well, in panic people will always try to exploit fear for profit. And it's up to the consumer to have the discipline to see past it. But we don't have a very good track record (duct tape after 9/11, stocking up food/water for Y2K, buying up guns/bullets now that Obama is president).

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