NorthWest Biotherapeutics Inc (NWBO)

[HappyLibrarian]

The regulations often matter more than the legislation.

I offer 2 examples, one that may not be familiar to you and one that should be:

After 9/11 Congress passed legislation explicitly authorizing pilots to go through thorough training to carry guns in the cockpit so that we would never again have the tragic farce of terrorists defeating and killing Americans with box cutters and our own aircraft.

Unfortunately, the TSA, led by the ironically named John Pistole, did everything they could to undermine enforcement of this new law and to create obstacles to prevent pilots from receiving training and arming themselves.

As a result, the armed pilots legislation is a virtual dead letter and nearly 14 years after 9/11, very few pilots (many of whom are military veterans, reservists, or Air National Guard) are armed.

To be clear, I am not making a partisan political point. John Pistole served both the Bush and Obama administrations.
Neither Republican or Democratic Congresses did anything meaningful to force either President to fire or at least rein in this official.

Naturally, as NWBO investors, we have an even more obvious example: the failure of German authorities and insurers (which are themselves an arm of the government) to speedily implement HE with DCVax L, even though the whole point of HE is to rapidly provide access to lifesaving and transformative treatments. We don't need to rehash that case any further.

The reality is, that as with almost all regulatory agencies, Congress proposes but the FDA disposes.