http://electionstocks.com/2008/02/26/tobacc-whoa/ Analyzing the impact of the Obama Administration Sun, 22 Aug 2010 04:58:01 +0000 http://wordpress.org/?v=2.8.4 hourly 1 http://electionstocks.com/2008/02/26/tobacc-whoa/comment-page-1/#comment-5947 » Regulation of Tobacco Tue, 23 Jun 2009 18:21:47 +0000 http://electionstocks.com/2008/02/26/tobacc-whoa/#comment-5947 [...] On Monday, President Obama signed the Family Smoking and Tobacco Prevention Act into law, giving the FDA unprecedented power to regulate the tobacco industry. This was an issue we discussed way back in 2008. We pointed to a statement by Dan Clifton that indicated a Democratic administration would be more likely to support the regulation we have just seen passed, and that this would actually be good for tobacco. According to our February 28, 2008 article: The regulations are beneficial to the industry because if the companies were under FDA guidelines they would not be subject to any sort of lawsuit that they could normally face for what is generally perceived as a harmful product. [...] [...] On Monday, President Obama signed the Family Smoking and Tobacco Prevention Act into law, giving the FDA unprecedented power to regulate the tobacco industry. This was an issue we discussed way back in 2008. We pointed to a statement by Dan Clifton that indicated a Democratic administration would be more likely to support the regulation we have just seen passed, and that this would actually be good for tobacco. According to our February 28, 2008 article: The regulations are beneficial to the industry because if the companies were under FDA guidelines they would not be subject to any sort of lawsuit that they could normally face for what is generally perceived as a harmful product. [...]

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