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Re: stockbettor post# 8830

Sunday, 04/01/2012 11:18:01 PM

Sunday, April 01, 2012 11:18:01 PM

Post# of 20689

I am not aware of any requirement that Congress must ratify the FDA's guidelines.

Congress merely needs to “ratify” the FDA’s FoB guidelines by omission—i.e. to not undo them with additional legislation.

As you noted, if the Supreme Court strikes down the Affordable Care Act (a/k/a ObamaCare) in its entirely, Congress would have to reenact legislation to establish the 351(k) regulatory pathway for FoB’s.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”