Deeming Regulations have been released!!!!

2Sassy4u

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I heard one of those presidential historian types talking about billionaires on TV. He said people on the right hear big money and they think Bloomie or Soros, people on the left think Kochs or that frog faced casino guy who just died. As a result they all miss the point. They see the problem as rich people on the other side corrupting the system rather than money corrupting the system.

Some of them aren't so bad. Gates seems to be doing useful stuff.
I'm not sure money is the problem. The power that comes with money and the love of said power may be the problem but yeah, both sides overlook the fact that money is not lacking on either side. It's also curious that most people who rail against the rich would not be averse to BEING rich themselves given the chance... irony.
 

Bronze

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I'm not sure money is the problem. The power that comes with money and the love of said power may be the problem but yeah, both sides overlook the fact that money is not lacking on either side. It's also curious that most people who rail against the rich would not be averse to BEING rich themselves given the chance... irony.
A wealthy class not only provides seed money for innovation but perhaps even more importantly they also provide a market for innovators to justify their investments. No one is going to innovate if they have no market to sell to. Carve out the wealthy and innovation will cease. The beauty is the wealthy create the innovation/markets that soon gain economies of scale such that the rest of us paupers can afford it.
 

Kent C

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The beauty is the wealthy create the innovation/markets that soon gain economies of scale such that the rest of us paupers can afford it.

So true, and so misunderstood. Remember when big screen TVs were $7000+. So many other examples, esp. in electronics but other products as well. And poor people do not create jobs - well, private sector jobs - they do create gov't jobs, which is why some in politics NEED the poor and victims, and need to keep the that way.
 

Bronze

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So true, and so misunderstood. Remember when big screen TVs were $7000+. So many other examples, esp. in electronics but other products as well. And poor people do not create jobs - well, private sector jobs - they do create gov't jobs, which is why some in politics NEED the poor and victims, and need to keep the that way.
True with nearly everything. The first plasma TVs were $20,000. Wealth is the fuel of innovation.
 

MLEJ

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A wealthy class not only provides seed money for innovation but perhaps even more importantly they also provide a market for innovators to justify their investments. No one is going to innovate if they have no market to sell to. Carve out the wealthy and innovation will cease. The beauty is the wealthy create the innovation/markets that soon gain economies of scale such that the rest of us paupers can afford it.

Wealth is the fuel of innovation.
True, certainly. Yet wealth & wisdom are often not in the same hands. Nor wealth & upright ethics.

Which -- nudging us back on topic -- is why deeming regs exists at all.
 

newyork13

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I heard one of those presidential historian types talking about billionaires on TV. He said people on the right hear big money and they think Bloomie or Soros, people on the left think Kochs or that frog faced casino guy who just died. As a result they all miss the point. They see the problem as rich people on the other side corrupting the system rather than money corrupting the system.

Some of them aren't so bad. Gates seems to be doing useful stuff.
For me, the distinction between "rich people" and "money" corrupting the system is a very fine line.
Gates is IMHO a megalomaniac who has goals which are not necessarily to the benefit of society. He's buying up an enormous amount of US farmland. In fact, he's the largest owner of farmland in the US. If he's planning on donating produce to the poor and homeless, then I'll change my mind about him.
 

Kent C

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In this case I won't go as far as saying our wealthy Regulators aren't wise and ethical, but they're certainly ignorant.

Whenever there's a situation like we have - it's almost always one or the other, or both. I vote 'both'. :- )
 

UncLeJunkLe

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    I don't recall this being posted yet, but this was about 15 days ago...

    FDA Warns Firms to Remove Unauthorized E-liquid Products from Market in First Letters Issued to Manufacturers that Did Not Submit Premarket Applications by Deadline

    The 10 firms receiving warning letters are:

    Little House Vapes LLC
    Castle Rock Vapor LLC
    Dropsmoke Inc.
    Perfection Vapes Inc.
    CLS Trading LLC d/b/a Vape Dudes HQ
    Session Supply Co.
    Coastal e-liquid Laboratory/GC Vapors LLC
    Dr. Crimmy LLC d/b/a Dr. Crimmy’s V-Liquid
    CMM Capital LLC d/b/a ETX Vape
    E-Cig Barn LLC.
     

    MacTechVpr

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    In this case I won't go as far as saying our wealthy Regulators aren't wise and ethical, but they're certainly ignorant.

    Whenever there's a situation like we have - it's almost always one or the other, or both. I vote 'both'. :- )

    Nopes, stupefied by their own stultifying bifurcated illogic.

    Oh what a tangled web…

    Good luck. :)
     

    thanswr1

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    Vape Dudes Buttery Nipple has been my ADV for almost 9 years. It is a shame what is happening to businesses like Vape Dudes. And all because of ignorance and arrogance on the part of government officials. It is ironic that the ones who pontificate the most about "I follow the science" haven't been following a damned bit of science when it comes to vaping.

    But, that is another story.

    I believe Vape Dudes is redoing the site to sell the kits. I don't know how this is going to work out for them. But I'm sure they didn't just pull the idea out of the air. I wish them a ton of luck.

    Failing that, I wish them a large and successful class action lawsuit against government ignorance, arrogance, and overreach.
     

    UncLeJunkLe

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    I thought that all accessories for any product that wasn't on the market before Feb 15, 2007 was considered tobacco product, but on the FDA warning letter for Vape Dudes it says...

    "Please be aware that, effective August 8, 2016, FDA deemed additional products meeting the definition of a tobacco product, except accessories to these newly deemed products, to be subject to regulation under the FD&C Act."

    Am I misunderstanding this?
     

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