Episode Transcript
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Speaker 1 (00:13):
It's seven six here at fifty five krose De Talk Station.
Bron Thomas, here're wishing every one any very happy Tuesday
and welcoming back to the fifty five KRSE Morning Show.
You can find them online at Protecting Taxpayers dot org
from me Taxpayer Protection Alliance. Welcome back, my dear friend,
Dave Williams. It's always great having you on the fifty
five Karosee Morning Show.
Speaker 2 (00:32):
Good morning, Brian, and I think we should just replay
an interview we did about a year ago leading up
to another government shutdown. It seems like every year we
have this same discussion. It's September thirtieth, there isn't a
budget deal in place. The Republicans and Democrats are going
back and forth threatening a government shutdown. I mean, we've
seen this movie before, haven't we.
Speaker 1 (00:52):
Yeah, it does have a remarkable familiar ring to it, Dave,
and this one is you know what drives me crazy
about this is they're they're shutting the government down over
these subsidies that kicked in because of COVID nineteen, the
income eligibility requirements, so the capped subsidies at four hundred
percent of poverty level. Those disappeared. So you know this
(01:13):
was reported earlier. You know, a couple or family of
four making six hundred thousand dollars of family income, you're
still qualifies for a government subsidy for the Obamacare premium.
It just hides the reality of it. But the premium
is really not going down, it's not disappearing. The American
taxpayers on the hook for the difference. I mean, that's
what the subsidy is. Dave.
Speaker 2 (01:34):
Yeah, And I'm glad you brought this particular aspect up
because COVID is long behind us, right, and we're still
paying for taxpayers are still paying for. And it really
is so emblematic of what the federal government does, is
they don't stop paying for things even after the crisis
is gone. And we see this with programs, we see
(01:55):
this with the sugar subsidy, with so many things. Is
that the government just doesn't stop it. And you know,
Ronald Reagan said there's nothing more permanent than a temporary
government program, and this is the exact embodiment of that.
And it's costing hundreds of billions of dollars a year.
And I can't believe the Democrats are drawing a line
in the sand on this of all things. This is where,
(02:17):
like you said, I mean the income levels, you know,
five hundred thousand dollars, you know, a family of four,
that's outrageous and absolutely outrageous. And it's just a little
bit of common sense here.
Speaker 1 (02:27):
Yeah, and the vast majority of I believe it was
identified at one point five million people are going to
have their subsidies taken away. So, oh my god, we're
all going to die, a lot of them, many, many, many.
It's pointed out in a variety of different reporters and
in varty different articles and reporting on this. They're eligible
for employer care. Their employers are offering medical insurance policies
that are within the realm of affordability. But people got,
(02:48):
you know, duped into going with Obombacare because of the
subsidies masking the real cost of it. And isn't this
all day the dirty little secret that's whispered in the
back room among Democrats. This is an effort to get
everyone under a single payer plan, i e. Medicaid for everyone.
Speaker 2 (03:04):
Dave, Yeah, that's right, And it's Medicaid for all, it's
Medicare for all. And this is what the Democrats have
been doing. Bernie Sanders has been talking about this for decades,
and this is, like you said, just sort of the
next step in this. And that's why when the One
Big Beautiful Bill was passed, we saw some really again
common sense medicaid reforms. Right, if you're able body, you
(03:27):
have to look for work. This is not revolutionary. This
is not throwing people out on the street. This is
just saying, listen, if you're able to find a job
or look for a job, and that's what this is.
And again, this is costing hundreds of billions of dollars
a year. This isn't just you know, some sort of
academic conversation we're having here. It's really affecting our bottom
(03:48):
line as a country.
Speaker 1 (03:49):
And what else is affecting our bottom line? Your three
forty B program, Now that's kind of funny when I
saw on your list of things, and how terrible this
three forty B prodragram was supposed to lower a cost
prescription drugs for taxpayers, but it actually increases them because
of the fraud, waste, and abuse, and poorly drafted legislation
which left millions and millions of loopholes out there for
(04:10):
the medical providers to exploit. My wife happens to be
an expert on three forty B. Even joke at one
point I was going to get her license plates it
said three forty B. She's a lawyer for the largest
healthcare system in the country. She became an expert on
this program. But explain how this has ruined the price
of pharmaceuticals and changed the sort of what otherwise would
(04:31):
be a common sense, rational way of prescribing medication. Of course,
letting this subsidy flow to the patient.
Speaker 2 (04:38):
Yeah, So basically, the three forty B program says, okay,
if you're a pharmaceutical company, you have to give discounted
drugs to hospitals that serve the poor and rural folks, right,
And this was to expand healthcare. This was to say, okay,
we want to make sure these hospitals are covering these
patients selves. If someone comes in and they are lower income,
(05:01):
they are classified as a three forty B patient. The
problem is that the hospitals are not passing along those
discounts to the patient. To the pharmacies, they are getting
full price for these pharmaceuticals. So let's say they get
a drug for ten dollars, Well, they'll sell it for fifty.
(05:24):
They're supposed to sell it for ten, but they sell
it for fifty. And in a moment of absolute weird clarity,
a hospital chain I believe was Upstate New York said, yeah,
we're taking all the profits from three P forty B
and opening hospitals in more profitable areas. So I don't
know why this hospital chain said it. I'm glad they
did because it you know, really it was able to
(05:46):
shine a light into this process. But this is what's happening.
Speaker 1 (05:51):
They admitted to what all the hospitals are doing. They're
pocketing the subsidy, they're padding their bottom line.
Speaker 2 (05:59):
Yeah, and Congress refuses to do oversight on this program
because they know what's happening. Listen, if I know this,
this is happening. If you know this is happening, Congress
knows what is going on. And it's been going on
for years and again it's you know, it's one of
these programs that's intended to help lower income folks but
gets abused and zero oversight.
Speaker 1 (06:21):
So and my understanding in some of the things that
Americans for Prosperity is pushing for. One established clear definitions
of eligibility criteria like identifying patients as uninsured or low
income individuals who are now eligible for Medicare Medicaid. They
don't even do that. The the qualifying individuals aren't even
specifically explained or defined in three forty B. No, absolutely
(06:46):
not all that's interesting.
Speaker 2 (06:48):
And you can go to the hospital tomorrow and they
can classify you as a three forty B patient and
you would never know. You would absolutely never know that
you were classified. And they do that so they can
get these discounted pharmaceuticals.
Speaker 1 (07:05):
And the point of the program was this altruistic idea
that folks on life's margins were going to have their
pharmaceuticals subsidized because they can't afford them. Low and behold,
the hospital puts the money in its pocket and forces
that low income individual to pay the full price of
the pharmaceuticals. Shouldn't they be criminal?
Speaker 2 (07:25):
That's right, Brian. And you know what happens now is
when a member of Congress speaks out against this, Oh,
you're trying to hurt poor people. No, that's but of
course that's not what's happening. But that's the talking point, right,
is that they say you're trying to take away to say, no,
we're trying to make sure that they're the ones that
are receiving it, the lower income folks that need this,
(07:46):
We're trying to ensure that they're the ones receiving it
and not making these hospitals rich. I mean, these hospitals
are making tens of millions of dollars off of this
program and they're doing nothing for it. It's just manipulating
the system.
Speaker 1 (07:59):
And what is simple legislative fix. Apparently in three forty
B there is no requirement for how hospitals use the discounts,
of course, which allows them to put it right into
their pocket. Dave. That's like a one line fix. In
three forty B, hospitals lost past the discount along to
previously identified now identified qualifying individuals.
Speaker 2 (08:24):
Yeah, and I'm so glad we're talking about this, Brian,
because I think so many of your listeners that probably
have never heard of this program, right and really need
to know that they may be three forty B patients,
you know, when they go to hospital and listen. You know,
the more education the better, And it's just it's one
of one of our top issues this year, and it
just makes us so mad what's happening.
Speaker 1 (08:46):
Well, I certainly understand why you might be mad about that.
Dave got me all angry about it. I have a
better understanding how three forty b works than I ever did.
Thank you, Dave Williams. Taxpayer Protection Alliance online at Protecting
Taxpayers dot org. Other laziness with Dave coming up, vaping, vaping, deering,
copic near and dear to Dave's heart smoking policies plus
(09:06):
airline antitrust issues, followed by Steve good In at the
bottom of the hour sticking around more with Dave after
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Speaker 1 (10:17):
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Speaker 1 (11:02):
Seven nineteenth thif you got karsde Talks Station and Protecting
Taxpayers dot org is where you find the Taxpayer Protection Alliance.
Bookmark and check out what they're doing. Dave Williams and
the Taxpayer Protection Line is going to move over to
a topic. I know this near and dear to your heart, Dave.
Smoking and vaping.
Speaker 2 (11:17):
Yeah, it really is. And you know we've talked about
this before, but my dad smoked three and a half
packs of cigarettes a day for twenty years and obviously
took a major toll in his life. I mean he
died when he was sixty three, which you know I'm
fifty nine now, right, And when you think about wow,
I mean sixty three at such a young age, and.
Speaker 1 (11:36):
Well, that hits home with me, Dave. I literally just
turned sixty that this past Sunday, So wow, m.
Speaker 3 (11:44):
Too.
Speaker 2 (11:44):
Wait we have products now, yeah, we have products now
that can help people quit smoking. It's vaping. There's a
lot of different things, you know, pouches, and the FDA
is just slow walking all of these products. And one
of the the problems is now we're having these illegal
vapes from trying to come in that are dangerous that
(12:05):
there's zero regulationists. I'm not a big regulatory guy, but
you have to have some sort of standards when it
comes to these products. And China is just filling the
market with this and people are getting injured and it's
the problem.
Speaker 1 (12:18):
Yeah, And from what I've read, it's the coil, the
internal components, maybe not necessarily the vape juice, but the
coils that heat the vape product up are laden with
toxic leads and things you don't want in your body.
If it was the if those component products were regulated
there was some uniformity over the safety of the coil
(12:38):
and maybe the juice that goes in it as well,
then you could buy a vape confidently knowing that you're
not inhaling something that's toxic.
Speaker 2 (12:45):
And I guarantee you, Brian, there are people listening right
now that have quit smoking because of vaping. Oh sure,
I guess these products and they are nodding their head
in agreement with us, and they wish that the FDA
were you know, that they were proving more more of
these products. And again it's the slow walking of the FDA.
But they complain and they go, there's too many illegal
vapes coming in. Well, guys, you actually have an opportunity
(13:09):
to stop this. Yeah, you can approve and you can
prove more of these products. So it's frustrating to see.
And again, I wish these products were available in the seventies.
I mean, think about the change. And this has a
lot do with healthcare costs too, because we could save
billions of dollars on healthcare costs if more people stop smoking.
Speaker 1 (13:29):
That's the truth. And I mean, who among us doesn't
see the seemingly infinite number of vape shops on every
single corner of every single neighborhood. How I can count
like five of them within a two mile radius of
my house, Dave, And I'm sure all of them are
stuffed with Chinese manufactured perhaps quote unquote illegal. And let
me ask you about that. Are there quote legal close
(13:50):
quote FDA approved of vape products out of the market.
Speaker 2 (13:54):
There's about twelve or thirteen. I mean, there's really just
a handful, but there are millions of applications that are
pending the FDA. And the FDA says, you know, one
hundred and eighty days, we will approve something in one
hundred and eighty days. It has taken four to five
years for some of these products to get approved. So
it's the FDA dragging their feet.
Speaker 1 (14:15):
Can I ask, and maybe you don't know, I don't
know of the approved products? Are those maybe manufactured by
major former massive tobacco companies, well healed lobbyists and that
kind of thing, or are they are there are the
names that we might recognize that have gotten their vague
products approved by the FDA.
Speaker 2 (14:32):
It's not the small guy, no, they're the big tobacco
companies because they are the only ones that have the
money to be able to go through this process, the
FDA process, because it takes you know, a few million
dollars for each and each strength has to get approved.
So if you have let's say strawberry flavor and it's
three milligrams, well that get that can get approved, but
(14:54):
then six milligrams you get to go through the whole
process again. So it's really just insane the amount of
paperwork that has to be done to get this accomplished.
And that's why the big guys, the big tobacco companies,
are able to do it, the only ones that can
afford it.
Speaker 1 (15:09):
At this point, had no doubt about it. Where's the
emergency use authorization for this? Dave? Just kidding? Any let
us finally before we part company, Dave Williams and the
Taxpayer Protection Alliance, the anti trust policies that are screwing
up the airline industry. Hell, we have Jimmy Carter to
think for the explosion of the airline industry. Back in
nineteen seventy seven, he deregulated, and wow, the industry blew up.
(15:32):
More people fly, The number of jobs in the airline
industry doubled. Between the reforms of the nineteen nineties, carriers
increased lots of lower competition, competitive fares. That's brought about
by deregulation. So deregulation works. Huh yeah. Apparently who would have.
Speaker 2 (15:50):
Thought that allowing the airlines to do what they do
best would work? And listen, obviously we've seen that for
the you know what fifty years now, and we're going
the the the wrong way. It reminds me of planes, trains,
and automobiles. You're going the wrong way. And that's what
the FTC is doing. And you know, we have mergers
for a reason. Is that companies, you know, can't survive
(16:12):
on their own, so they have to either buy or
be purchased by another company and acquired by another airline.
And it's working. It's just the federal government is putting
the stop to this. Now, the federal government shouldn't not
be a participant in this process. They should be a referee.
They should cross the teeth, dot the eyes and say, okay,
(16:32):
let's allow the free market to work. But the federal
government is manipulating the market so much. In the airline
industry well as a Jet Blue and Spirit they tried
to merge and Spirit went bankrupt because they needed the
merger but they couldn't survive on their own. But the FTC,
and this is listen, this transcends administrations. This is Lena
(16:55):
Khan at the head of the FTC with Biden and
now Trump said the FTC or doing the same thing.
So this is not partisan. It's just both parties love
big government when it suits them, and it's frustrating to
see that you have a president who in his first
term was very deregulatory, come in and have people that
(17:15):
are putting their thumb on the scale of these mergers
and acquisitions.
Speaker 1 (17:19):
Dave Williams always hitting it out of the park with
taxpayer protection a lines. I appreciate the work that you're doing.
Thanks for the time you spend my listeners and me.
I feel like we don't get to talk enough, but
I always feel our conversations are really valuable and very informative.
My friend, have a fantastic week. I'll look forward to
our next conversation, and again I'll encourage my listeners to
check out your site, Protecting Taxpayers dot org. Dave, take
care of my friends.
Speaker 2 (17:39):
Just happy fiscal New Year.
Speaker 1 (17:40):
Yeah right back. Shut it down tonight at midnight seven
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It's seven six here at fifty five krose De Talk Station.
Bron Thomas, here're wishing every one any very happy Tuesday
and welcoming back to the fifty five KRSE Morning Show.
You can find them online at Protecting Taxpayers dot org
from me Taxpayer Protection Alliance. Welcome back, my dear friend,
Dave Williams. It's always great having you on the fifty
five Karosee Morning Show.
Speaker 2 (00:32):
Good morning, Brian, and I think we should just replay
an interview we did about a year ago leading up
to another government shutdown. It seems like every year we
have this same discussion. It's September thirtieth, there isn't a
budget deal in place. The Republicans and Democrats are going
back and forth threatening a government shutdown. I mean, we've
seen this movie before, haven't we.
Speaker 1 (00:52):
Yeah, it does have a remarkable familiar ring to it, Dave,
and this one is you know what drives me crazy
about this is they're they're shutting the government down over
these subsidies that kicked in because of COVID nineteen, the
income eligibility requirements, so the capped subsidies at four hundred
percent of poverty level. Those disappeared. So you know this
(01:13):
was reported earlier. You know, a couple or family of
four making six hundred thousand dollars of family income, you're
still qualifies for a government subsidy for the Obamacare premium.
It just hides the reality of it. But the premium
is really not going down, it's not disappearing. The American
taxpayers on the hook for the difference. I mean, that's
what the subsidy is. Dave.
Speaker 2 (01:34):
Yeah, And I'm glad you brought this particular aspect up
because COVID is long behind us, right, and we're still
paying for taxpayers are still paying for. And it really
is so emblematic of what the federal government does, is
they don't stop paying for things even after the crisis
is gone. And we see this with programs, we see
(01:55):
this with the sugar subsidy, with so many things. Is
that the government just doesn't stop it. And you know,
Ronald Reagan said there's nothing more permanent than a temporary
government program, and this is the exact embodiment of that.
And it's costing hundreds of billions of dollars a year.
And I can't believe the Democrats are drawing a line
in the sand on this of all things. This is where,
(02:17):
like you said, I mean the income levels, you know,
five hundred thousand dollars, you know, a family of four,
that's outrageous and absolutely outrageous. And it's just a little
bit of common sense here.
Speaker 1 (02:27):
Yeah, and the vast majority of I believe it was
identified at one point five million people are going to
have their subsidies taken away. So, oh my god, we're
all going to die, a lot of them, many, many, many.
It's pointed out in a variety of different reporters and
in varty different articles and reporting on this. They're eligible
for employer care. Their employers are offering medical insurance policies
that are within the realm of affordability. But people got,
(02:48):
you know, duped into going with Obombacare because of the
subsidies masking the real cost of it. And isn't this
all day the dirty little secret that's whispered in the
back room among Democrats. This is an effort to get
everyone under a single payer plan, i e. Medicaid for everyone.
Speaker 2 (03:04):
Dave, Yeah, that's right, And it's Medicaid for all, it's
Medicare for all. And this is what the Democrats have
been doing. Bernie Sanders has been talking about this for decades,
and this is, like you said, just sort of the
next step in this. And that's why when the One
Big Beautiful Bill was passed, we saw some really again
common sense medicaid reforms. Right, if you're able body, you
(03:27):
have to look for work. This is not revolutionary. This
is not throwing people out on the street. This is
just saying, listen, if you're able to find a job
or look for a job, and that's what this is.
And again, this is costing hundreds of billions of dollars
a year. This isn't just you know, some sort of
academic conversation we're having here. It's really affecting our bottom
(03:48):
line as a country.
Speaker 1 (03:49):
And what else is affecting our bottom line? Your three
forty B program, Now that's kind of funny when I
saw on your list of things, and how terrible this
three forty B prodragram was supposed to lower a cost
prescription drugs for taxpayers, but it actually increases them because
of the fraud, waste, and abuse, and poorly drafted legislation
which left millions and millions of loopholes out there for
(04:10):
the medical providers to exploit. My wife happens to be
an expert on three forty B. Even joke at one
point I was going to get her license plates it
said three forty B. She's a lawyer for the largest
healthcare system in the country. She became an expert on
this program. But explain how this has ruined the price
of pharmaceuticals and changed the sort of what otherwise would
(04:31):
be a common sense, rational way of prescribing medication. Of course,
letting this subsidy flow to the patient.
Speaker 2 (04:38):
Yeah, So basically, the three forty B program says, okay,
if you're a pharmaceutical company, you have to give discounted
drugs to hospitals that serve the poor and rural folks, right,
And this was to expand healthcare. This was to say, okay,
we want to make sure these hospitals are covering these
patients selves. If someone comes in and they are lower income,
(05:01):
they are classified as a three forty B patient. The
problem is that the hospitals are not passing along those
discounts to the patient. To the pharmacies, they are getting
full price for these pharmaceuticals. So let's say they get
a drug for ten dollars, Well, they'll sell it for fifty.
(05:24):
They're supposed to sell it for ten, but they sell
it for fifty. And in a moment of absolute weird clarity,
a hospital chain I believe was Upstate New York said, yeah,
we're taking all the profits from three P forty B
and opening hospitals in more profitable areas. So I don't
know why this hospital chain said it. I'm glad they
did because it you know, really it was able to
(05:46):
shine a light into this process. But this is what's happening.
Speaker 1 (05:51):
They admitted to what all the hospitals are doing. They're
pocketing the subsidy, they're padding their bottom line.
Speaker 2 (05:59):
Yeah, and Congress refuses to do oversight on this program
because they know what's happening. Listen, if I know this,
this is happening. If you know this is happening, Congress
knows what is going on. And it's been going on
for years and again it's you know, it's one of
these programs that's intended to help lower income folks but
gets abused and zero oversight.
Speaker 1 (06:21):
So and my understanding in some of the things that
Americans for Prosperity is pushing for. One established clear definitions
of eligibility criteria like identifying patients as uninsured or low
income individuals who are now eligible for Medicare Medicaid. They
don't even do that. The the qualifying individuals aren't even
specifically explained or defined in three forty B. No, absolutely
(06:46):
not all that's interesting.
Speaker 2 (06:48):
And you can go to the hospital tomorrow and they
can classify you as a three forty B patient and
you would never know. You would absolutely never know that
you were classified. And they do that so they can
get these discounted pharmaceuticals.
Speaker 1 (07:05):
And the point of the program was this altruistic idea
that folks on life's margins were going to have their
pharmaceuticals subsidized because they can't afford them. Low and behold,
the hospital puts the money in its pocket and forces
that low income individual to pay the full price of
the pharmaceuticals. Shouldn't they be criminal?
Speaker 2 (07:25):
That's right, Brian. And you know what happens now is
when a member of Congress speaks out against this, Oh,
you're trying to hurt poor people. No, that's but of
course that's not what's happening. But that's the talking point, right,
is that they say you're trying to take away to say, no,
we're trying to make sure that they're the ones that
are receiving it, the lower income folks that need this,
(07:46):
We're trying to ensure that they're the ones receiving it
and not making these hospitals rich. I mean, these hospitals
are making tens of millions of dollars off of this
program and they're doing nothing for it. It's just manipulating
the system.
Speaker 1 (07:59):
And what is simple legislative fix. Apparently in three forty
B there is no requirement for how hospitals use the discounts,
of course, which allows them to put it right into
their pocket. Dave. That's like a one line fix. In
three forty B, hospitals lost past the discount along to
previously identified now identified qualifying individuals.
Speaker 2 (08:24):
Yeah, and I'm so glad we're talking about this, Brian,
because I think so many of your listeners that probably
have never heard of this program, right and really need
to know that they may be three forty B patients,
you know, when they go to hospital and listen. You know,
the more education the better, And it's just it's one
of one of our top issues this year, and it
just makes us so mad what's happening.
Speaker 1 (08:46):
Well, I certainly understand why you might be mad about that.
Dave got me all angry about it. I have a
better understanding how three forty b works than I ever did.
Thank you, Dave Williams. Taxpayer Protection Alliance online at Protecting
Taxpayers dot org. Other laziness with Dave coming up, vaping, vaping, deering,
copic near and dear to Dave's heart smoking policies plus
(09:06):
airline antitrust issues, followed by Steve good In at the
bottom of the hour sticking around more with Dave after
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Speaker 2 (10:08):
This is fifty five KRC and iHeartRadio station from ten.
Speaker 1 (10:17):
And I Weather forecast could be nice day to day
sunny sky is eighty four for the high tonight clear
fifty nine, Tomorrow sunny in eighty clai skys over night
fifty three and a partly clatty Thursday with the high
of eighty four. It's sixty two right now. Time for
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see cruiser working of the new accident. It's inbound Columbia
Parkway at Torrance. Traffic starting to back up towards Delta East.
Pend two seventy five continues slow Hamilton Avenue to a
(10:54):
recond four month lane block shuck Ingram Month fifty five KRC.
The Talk Station.
Speaker 1 (11:02):
Seven nineteenth thif you got karsde Talks Station and Protecting
Taxpayers dot org is where you find the Taxpayer Protection Alliance.
Bookmark and check out what they're doing. Dave Williams and
the Taxpayer Protection Line is going to move over to
a topic. I know this near and dear to your heart, Dave.
Smoking and vaping.
Speaker 2 (11:17):
Yeah, it really is. And you know we've talked about
this before, but my dad smoked three and a half
packs of cigarettes a day for twenty years and obviously
took a major toll in his life. I mean he
died when he was sixty three, which you know I'm
fifty nine now, right, And when you think about wow,
I mean sixty three at such a young age, and.
Speaker 1 (11:36):
Well, that hits home with me, Dave. I literally just
turned sixty that this past Sunday, So wow, m.
Speaker 3 (11:44):
Too.
Speaker 2 (11:44):
Wait we have products now, yeah, we have products now
that can help people quit smoking. It's vaping. There's a
lot of different things, you know, pouches, and the FDA
is just slow walking all of these products. And one
of the the problems is now we're having these illegal
vapes from trying to come in that are dangerous that
(12:05):
there's zero regulationists. I'm not a big regulatory guy, but
you have to have some sort of standards when it
comes to these products. And China is just filling the
market with this and people are getting injured and it's
the problem.
Speaker 1 (12:18):
Yeah, And from what I've read, it's the coil, the
internal components, maybe not necessarily the vape juice, but the
coils that heat the vape product up are laden with
toxic leads and things you don't want in your body.
If it was the if those component products were regulated
there was some uniformity over the safety of the coil
(12:38):
and maybe the juice that goes in it as well,
then you could buy a vape confidently knowing that you're
not inhaling something that's toxic.
Speaker 2 (12:45):
And I guarantee you, Brian, there are people listening right
now that have quit smoking because of vaping. Oh sure,
I guess these products and they are nodding their head
in agreement with us, and they wish that the FDA
were you know, that they were proving more more of
these products. And again it's the slow walking of the FDA.
But they complain and they go, there's too many illegal
vapes coming in. Well, guys, you actually have an opportunity
(13:09):
to stop this. Yeah, you can approve and you can
prove more of these products. So it's frustrating to see.
And again, I wish these products were available in the seventies.
I mean, think about the change. And this has a
lot do with healthcare costs too, because we could save
billions of dollars on healthcare costs if more people stop smoking.
Speaker 1 (13:29):
That's the truth. And I mean, who among us doesn't
see the seemingly infinite number of vape shops on every
single corner of every single neighborhood. How I can count
like five of them within a two mile radius of
my house, Dave, And I'm sure all of them are
stuffed with Chinese manufactured perhaps quote unquote illegal. And let
me ask you about that. Are there quote legal close
(13:50):
quote FDA approved of vape products out of the market.
Speaker 2 (13:54):
There's about twelve or thirteen. I mean, there's really just
a handful, but there are millions of applications that are
pending the FDA. And the FDA says, you know, one
hundred and eighty days, we will approve something in one
hundred and eighty days. It has taken four to five
years for some of these products to get approved. So
it's the FDA dragging their feet.
Speaker 1 (14:15):
Can I ask, and maybe you don't know, I don't
know of the approved products? Are those maybe manufactured by
major former massive tobacco companies, well healed lobbyists and that
kind of thing, or are they are there are the
names that we might recognize that have gotten their vague
products approved by the FDA.
Speaker 2 (14:32):
It's not the small guy, no, they're the big tobacco
companies because they are the only ones that have the
money to be able to go through this process, the
FDA process, because it takes you know, a few million
dollars for each and each strength has to get approved.
So if you have let's say strawberry flavor and it's
three milligrams, well that get that can get approved, but
(14:54):
then six milligrams you get to go through the whole
process again. So it's really just insane the amount of
paperwork that has to be done to get this accomplished.
And that's why the big guys, the big tobacco companies,
are able to do it, the only ones that can
afford it.
Speaker 1 (15:09):
At this point, had no doubt about it. Where's the
emergency use authorization for this? Dave? Just kidding? Any let
us finally before we part company, Dave Williams and the
Taxpayer Protection Alliance, the anti trust policies that are screwing
up the airline industry. Hell, we have Jimmy Carter to
think for the explosion of the airline industry. Back in
nineteen seventy seven, he deregulated, and wow, the industry blew up.
(15:32):
More people fly, The number of jobs in the airline
industry doubled. Between the reforms of the nineteen nineties, carriers
increased lots of lower competition, competitive fares. That's brought about
by deregulation. So deregulation works. Huh yeah. Apparently who would have.
Speaker 2 (15:50):
Thought that allowing the airlines to do what they do
best would work? And listen, obviously we've seen that for
the you know what fifty years now, and we're going
the the the wrong way. It reminds me of planes, trains,
and automobiles. You're going the wrong way. And that's what
the FTC is doing. And you know, we have mergers
for a reason. Is that companies, you know, can't survive
(16:12):
on their own, so they have to either buy or
be purchased by another company and acquired by another airline.
And it's working. It's just the federal government is putting
the stop to this. Now, the federal government shouldn't not
be a participant in this process. They should be a referee.
They should cross the teeth, dot the eyes and say, okay,
(16:32):
let's allow the free market to work. But the federal
government is manipulating the market so much. In the airline
industry well as a Jet Blue and Spirit they tried
to merge and Spirit went bankrupt because they needed the
merger but they couldn't survive on their own. But the FTC,
and this is listen, this transcends administrations. This is Lena
(16:55):
Khan at the head of the FTC with Biden and
now Trump said the FTC or doing the same thing.
So this is not partisan. It's just both parties love
big government when it suits them, and it's frustrating to
see that you have a president who in his first
term was very deregulatory, come in and have people that
(17:15):
are putting their thumb on the scale of these mergers
and acquisitions.
Speaker 1 (17:19):
Dave Williams always hitting it out of the park with
taxpayer protection a lines. I appreciate the work that you're doing.
Thanks for the time you spend my listeners and me.
I feel like we don't get to talk enough, but
I always feel our conversations are really valuable and very informative.
My friend, have a fantastic week. I'll look forward to
our next conversation, and again I'll encourage my listeners to
check out your site, Protecting Taxpayers dot org. Dave, take
care of my friends.
Speaker 2 (17:39):
Just happy fiscal New Year.
Speaker 1 (17:40):
Yeah right back. Shut it down tonight at midnight seven
twenty sixty five cares etok station. Get yourself some premium
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Brian Thomas News
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