Yesterday, I noted the passage of the 21st Century Cures Act, a Hobson’s choice of a bill for those of us who support increased biomedical research funding that basically said: You can have an increase in the NIH budget. You can have the Cancer Moonshot. You can have President Obama’s Precision Medicine Initiative and his brain mapping initiative. You can have additional funding to combat the opioid crisis. You can have all that, but only if you also accept a grab bag of longstanding pharmaceutical industry wishes, such as new pathways to approve drugs and devices with a lower standard of evidence. You must also accept a provision that makes approval of stem cell quackery based on smoke and mirrors easier. I also forgot yesterday to note that you must also accept a provision that basically protects chronic Lyme disease quackery by instructing the Secretary of Health and Human Services to “review all efforts within the Department of Health and Human Services concerning Lyme disease and other tick-borne diseases to ensure interagency coordination, minimize overlap, and examine research priorities.” Chronic lyme disease quacks recognized that provision immediately for what it is. Worse, that increased funding for biomedical research isn’t even guaranteed beyond the next couple of years; it will be subject to the whims of the budget process every year. The changes to the law with regards to the FDA, however, are forever.

Clearly, we’re in for some rough times at the FDA, whose ability to guarantee that approved drugs are safe and effective will be sorely tested. Unfortunately, the situation could well turn out to be be even worse than just what the passage of the 21st Century Cures Act will make it. While researching what’s new with that piece of legislation, I learned just whom President-Elect Donald Trump is considering for the role of FDA Commissioner:

As far as jobs enshrined at the top of our impenetrable bureaucracy go, the head of the Food and Drug Administration is pretty important. The chief of the FDA is responsible for setting the course of an organization that oversees the safety and efficacy of a huge array of products that Americans use everyday, from makeup and cell phones to food and drugs. In total, each year it oversees more than $1 trillion in consumer goods.

Which is why it is pretty freaking terrifying that President-elect Donald Trump is considering appointing staunch libertarian and Peter Thiel crony Jim O’Neill to head the FDA. In the past O’Neill has proposed FDA reforms that would dilute much of the agency’s regulatory authority. Among other things, he has advocated for the FDA to give up on vetting the efficacy of new drugs before they come to market. O’Neill, in other words, would like the FDA to stop performing one of its primary functions and let all of us act as lab mice. Such a move might allow drug makers to rake in tons of cash on untested medical treatments that might not ever work.

This is a scary position for anyone, much less the person being considered to take over the FDA, but it’s not a surprising or—among libertarians, anyway—even a particularly unusual one. I’ve discussed it before on multiple occasions although not in the context of the 21st Century Cures Act. This particular bill is based on a common libertarian delusion that, if only we’d slash those “onerous” FDA regulations and accelerate the approval process for drugs, thanks to the magic of the free market, the cures would come flowing out of industry and academia. As I discussed yesterday, though, this is a delusion, given that the FDA actually approves drugs at least as quickly as its European counterparts, and often more quickly. Basically, slow drug approval was a problem that was largely addressed and mostly overcome with the various expedited approval pathways developed in response to the AIDS epidemic and the political activism of those affected by HIV in the 1980s and 1990s.

Where we have encountered the libertarian delusion that the FDA should only be requiring evidence of safety before letting a drug company market its drug or a device manufacturer merket its device and let the evidence for efficacy be developed later was in the context of “right-to-try” laws. That’s where we encountered Nick Gillespie use the fear of Ebola as an excuse to peddle right-to-try, the placebo legislation that purports to allow patients access to “life-saving” experimental treatments even though it does no such thing. I don’t want to dwell on right-to-try now, as I’ve discussed it many times before and will probably have the opportunity to discuss it again because I fully expect a federal version of the law to be fast tracked next year the way the 21st Century Cures Act was fast tracked this year. However, an article by Gillespie from 2014 entitled Kill the FDA (Before It Kills Again) does give one an idea where people like Gillespie and O’Neill are coming from, as does an article by Ronald Bailey, What’s to Blame for Fewer New Pharmaceuticals? The basic idea is that the FDA is so strict that people are dying in droves because it doesn’t approve new life-saving drugs fast enough. Of course, completely missing from Bailey’s and Gillespie’s equation is the number of drugs that the FDA doesn’t approve because they don’t show efficacy and safety that could allow even more people to die or even actively kill some of them. As conceded by even Bailey, it was the FDA, prompted by one woman who looked deeper into the safety data than anyone else, that prevented, for example, approval of Thalidomide in the US and the rash of birth defects seen elsewhere in the world. Also, the FDA had enough flexibility to allow an American infected with Ebola access to an experimental therapy that hadn’t even been tested in humans yet. That’s hardly consistent with the libertarian view of the FDA as hopelessly rigid.

But who is Jim O’Neill? First of all, let’s look at what he isn’t. He isn’t what the FDA commissioner has traditionally been, someone with a medical background, either as a physician or a scientist. He was, however, principal associate deputy secretary at the Department of Health and Human Services under George W. Bush, whatever that means. What he is is managing director at Mithril Capital Management, the firm founded by Paypal and Facebook backer Peter Thiel. (No conflicts of interest there with the pharmaceutical and medical device companies that the FDA regulates, right?)

Not surprisingly, O’Neill is a free market fundamentalist, seemingly believing that all that pesky FDA regulation is unnecessary and that the magic of the free market will deliver life-saving drugs and devices at low prices while weeding out the bad stuff:

In a talk at a 2009 conference, O’Neill touted the advantages of freer markets for a wide variety of health-care goods and services.

“Basically, because there’s not a free market in health care, people are suffering very significant health consequences that in a free market they would not suffer,” he said in a talk at the 2009 Seasteading Conference. Among other advantages, a free market in health care “would drive prices much lower and allow innovation in cheaper delivery of care, both in terms of drugs and devices and better forms of delivery,” he said.

As I like to say: This worked so well before the founding of the FDA in 1906. Anyone remember where the term “snake oil salesmen” came from?

He also appears to be into a fair amount of woo, in particular anti-aging woo. Now, if there’s one area where there’s a whole lot of quackery and dubious medicine, it’s anti-aging research. Remember, a lot of the stem cell clinics that use the hard sell to sell outright quackery to desperate patients claim that their stem cell treatments slow or reverse aging. Now, I’m no more looking forward to my own death than any other human being is, particularly now that I’m into later middle age, but if there’s one thing that’s struck me about “regenerative medicine” and anti-aging medicine, it’s how loaded with quackery it is.

Articles about O’Neill focus on a quote by him:

“We should reform FDA so there is approving drugs after their sponsors have demonstrated safety — and let people start using them, at their own risk, but not much risk of safety,” O’Neill said in a speech at an August 2014 conference called Rejuvenation Biotechnology. “Let’s prove efficacy after they’ve been legalized.”

That’s right. O’Neill advocated approving drugs based on safety studies alone, and leaving those pesky efficacy studies for after approval. Of course, if a drug is approved based on safety studies alone, pharmaceutical companies would have much less incentive to actually do rigorous efficacy studies. This statement betrays an utter lack of understanding of how the drug approval process works. Matthew Herper explained how, and I see no reason not to quote him:

Most drugs are not safe. Instead, their benefits outweigh their risks. For instance, Iclusig, a drug used to treat a type of blood cancer, causes blockages in veins and arteries that can be deadly. But it is approved because the benefit, for cancer patients who have been failed by other drugs, is big enough that risk is worth taking.

Experts used to use a cartoon where early human studies were used to prove safety and later ones to prove effectiveness to explain how drugs get approved. But it was never really true. The first studies usually are tests to make sure there aren’t terrible side effects–patients drop dead–and that there are hints of efficacy. As they get bigger, a clearer picture emerges.

I note that the FDA approval process is a matter of law, specifically the 1962 Kefauver amendment that said drugs must be proved safe and effective before they can be sold. That law was passed in the wake of the thalidomide scandal. Fortunately, thanks to one stubborn woman, Frances Oldham Kelsey, an FDA scientist who insisted on more safety data and did not budge under pressure (and who, fortunately, was supported by her superiors even under intense pressure from the pharmaceutical company that wanted to market thalidomide in the US). For O’Neill to change the approval process would require a change in the law. There’s also a longstanding tradition of the FDA commissioner not commenting on or meddling in the approval process of any given drug and instead leaving it to the career scientists at the FDA. This is a good tradition that should be maintained, but one wonders if O’Neill would maintain it. Unfortunately, the law also gives the FDA commissioner fairly broad discretion about what evidence the FDA will consider sufficient evidence of efficacy, but fortunately much of that is codified into federal regulations, where there’s a process that has to be followed to change them.

I actually listened to the whole speech, which is still on YouTube:

One quote stood out: “The best science project is a profitable company.” WTF? No, a profitable company and good science are not necessarily the same thing. However, that one phrase does seem to distill the view point of libertarians with respect to drug and device development. I get it to some point, though. O’Neill is a venture capitalist. He funds startup companies, which is high risk and potentially high reward. Now, much of O’Neill’s talk is about business and not all that unreasonable. What drove me crazy was when he started getting into science and regulation. He’s also not entirely wrong when he points out that when someone says “industry wants this,” it’s usually big companies.

Be that as it may, what I also see in O’Neill’s talk is that he doesn’t understand why drug development is so hard compared to devices and platforms. He points out how software development is completely unregulated, while biotech is heavily regulated, which to him is why the pace of drug development has slowed down and biotech is very expensive compared to software. Seriously? The dude is comparing apples and oranges One reason why drug development is so hard these days is because the low hanging fruit has all been picked, leaving only progressively more difficult targets. Yes, we have all this genomic information, but one wonders if O’Neill understands the concept of a “druggable target.” Basically, that’s an enzyme or molecule that a drug can be designed to target. What we find in all this genomic medicine and systems biology is that druggable targets are increasingly harder to come by.

Another bit that tells me that O’Neill doesn’t understand medicine: He expresses astonishment that the FDA wanted to regulate in vitro diagnostic multivariate index assays, like 23andMe:

“In order to regulate in this space, FDA had to argue that an algorithm, a series of numbers that match up to things, is a medical device,” he said. “I found that really astonishing — astonishing that someone could say it with a straight face, and astonishing that someone could claim the ability to shut down companies that were never touching a patient but only accurately matching algorithms.”

Um, when an algorithm is used to diagnose or treat medical diseases and conditions, hell yes that’s a diagnostic test. Whether you want to call it a medical device or not is besides the point. The algorithm is part and parcel of the medical test.

My jaw also dropped at this statement by O’Neill in the same talk:

As a libertarian, I was inclined to believe that the regulatory costs that the FDA impose kill a lot of people and provide a lot of harm to the economy, and I don’t deny that … but one thing that surprised me is that the actual human beings at the Food and Drug Administration like science; they like curing disease and they actually like approving drugs and devices and biologics.

This should tell you a lot about Jim O’Neill. He had the attitude that those FDA scientists enjoyed shutting down innovation, preventing drug approval, and in general preventing industry from profiting. Of course, nothing could be further from the truth. FDA scientists are dedicated to promoting the health of the people of the US; they view their role as watchdogs to prevent ineffective and unsafe medicines from being approved as integral to that role, but they like approving effective new drugs.

It’s also rather troubling that Peter Thiel would really, really like Jim O’Neill to have the job of FDA commissioner. Here’s one reason why:

More than anything, Peter Thiel, the billionaire technology investor and Donald Trump supporter, wants to find a way to escape death. He’s channeled millions of dollars into startups working on anti-aging medicine, spends considerable time and money researching therapies for his personal use, and believes society ought to open its mind to life-extension methods that sound weird or unsavory.

Speaking of weird and unsavory, if there’s one thing that really excites Thiel, it’s the prospect of having younger people’s blood transfused into his own veins.

That practice is known as parabiosis, and, according to Thiel, it’s a potential biological Fountain of Youth–the closest thing science has discovered to an anti-aging panacea. Research into parabiosis began in the 1950s with crude experiments that involved cutting rats open and stitching their circulatory systems together. After decades languishing on the fringes, it’s recently started getting attention from mainstream researchers, with multiple clinical trials underway in humans in the U.S. and even more advanced studies in China and Korea.

Parabiosis is, as Steve Novella described it, the next snake oil. Actually, I think Steve went a little too soft on it, and maybe I’ll do a post about it in the future. In the meantime, let’s just say that I don’t trust the scientific acumen of either Peter Thiel or his protege Jim O’Neill, and that’s not even considering O’Neill’s love of seasteading, setting up independent libertarian societies at sea.

Of course, O’Neill also doesn’t seem to realize that a lot of biotech entrepreneurs are actually a fan of a tough FDA, as Matt Herper points out:

Many biotech entrepreneurs are actually fans of a tough FDA. At the Forbes Healthcare Summit, pharmaceutical billionaire Leonard Schleifer, the founder and chief executive of Regeneron Pharmaceuticals, said that he was against “making it really easy to get your drug approved” at the Forbes Healthcare Summit last week, before news of that O’Neill was under consideration leaked.

Schleifer said that he couldn’t compete with companies like Pfizer or Eli Lilly, which have 10 to 100 times as many salespeople as Regeneron. But he can compete to get approved first, or to have a better drug that has more uses that the FDA allows it to advertise based on science.

“Having a high bar is a good thing, in my opinion, because it allows innovators to compete,” Schleifer said.

In reality, his claim to being a libertarian in favor of innovation and the little guy competing to come up with the next big thing in a little lab notwithstanding, O’Neill’s concept of the FDA would hugely favor big pharma.

Truly, these days, the lunatics are running the asylum. Sheila Kaplan reports that the appointment of Jim O’Neill as FDA commissioner is not a done deal yet and that Dr. Scott Gottlieb, a former FDA deputy commissioner, is also under consideration for the job. I’m not sure that he’d be all that much better, given his having echoed the same sorts of anti-regulation arguments as O’Neill and his current status as a Resident Fellow at the American Enterprise Institute and has been characterized as having “an orientation which belies the goal of the FDA” and appears to have turned into basically a pharmaceutical company shill—a real pharma shill, who helped sell Eli Lilly’s drug Evista.

First the 21st Century Cures Act passes, weakening the FDA. Next, we’ll very likely end up with either a batshit nutty libertarian who doesn’t believe the FDA should require evidence of efficacy before approving drugs or a real, honest-to-goodness pharma shill as the next commissioner of the FDA. It’s going to be a long four years.

What’s next? Appointing Andrew Wakefield as the director of the CDC? No wonder I fear for science and medicine policy under Trump!

Comments

  1. #1 Daniel Corcos
    December 9, 2016

    I am surprised that Obama is surrounded by libertarians. I don’t think that the blame has to be put on libertarians, but on “technicists”. Technicists ignore the way science work, and unfortunately they have infiltrated the knowledge industry much more efficiently than traditional quacks.

  2. #2 Guy Chapman
    United Kingdom
    December 9, 2016

    Trump’s new reality show: America’s Next Thalidomide.

    It strikes me that the new regime is basically a collection of old white dudes trying to pull up the drawbridge around themselves. There are so many Sci-Fi books on this theme, starting with the granddaddy of them all, Wells’ The Time Machine. Trump and his cohorts want to build gated communities where they are not exposed tot he externalities their lifestyle creates. Pollution, poverty and violence are outside the wall so can be ignored.

    In that scenario, removing health care from a sizeable proportion of the population while promoting life extension for the very rich, makes perfect sense.

  3. #3 Ellie
    Still on the green side of the grass
    December 9, 2016

    So…basically, the idea is to have rich people live forever by becoming vampires?

  4. #4 Eric Lund
    December 9, 2016

    I am surprised that Obama is surrounded by libertarians.

    He isn’t. It’s the people in Congress and around Trump who are libertarians. The Republican Party, which has a substantial libertarian wing, has majorities in both houses of Congress. Sausages and laws are two things that most people don’t want to know how they are made.

    From what I know of Peter Thiel, he sounds like a Bond villain. Among other things, he was the backer of the lawsuit that bankrupted Gawker, and he has been pursuing the concept of creating free-floating island “states” that would be libertarian paradises a la Galt’s Gulch. (I personally think the world would be a better place if he were to implement the latter scheme, provided he were part of the first such community.) His minion O’Neill sounds like Otis to Lex Luthor.

    • #5 Guy Chapman
      United Kingdom
      December 9, 2016

      On the other hand we will have the amusing prospect of watching Trump’s other picks, many of whom are the very worst kind of homophobic fundamentalist whacknuts, having to work with the openly gay Thiel.

  5. #6 Anonymous Pseudonym
    In Your Head
    December 9, 2016

    If O’neil wants to try and compare software development to drug approval, he needs to look at the software development that goes into aircraft. The certification process for every line of code easily ramps up into the hundreds of thousands of man-hours. It’s not like comparing the crap that Microsoft and Apple put out that requires bug fixes for the bug fixes of the bug fixes. This is code that cannot fail or lives are lost. Sort of like what is required for teh production of a new drug treatment. I’d still say that the drug treatment is a slightly more fraught process, just because humans are involved in the “live” testing of the product, where as the certified software can be tested virtually.

    In the end libertarians are only good at increasing their wealth at the expense of the common good, but it is the ultimate expression of capitalism.

  6. #7 Gray Squirrel
    December 9, 2016

    Key to the kingdom: “Californian Ideology” and “Libertarian Transhumanism”:

    https://en.wikipedia.org/wiki/The_Californian_Ideology
    https://en.wikipedia.org/wiki/Libertarian_transhumanism

    Also look up articles on related subjects by Corey Pein in _The Baffler_.

    Bottom line is: Thiel is up to his eyeballs in quackadoodle nonsense having to do with immortality. Anyone he proposes for FDA head is almost certainly a True Believer in that crap.

    OTOH at least they didn’t propose Ray Kurzweil or someone from Alcor. BTW Kurzweil subscribes to the acid/alkaline woo as well as having founded The Singularity with its “upload” woo.

    Does anyone else here get the feeling that we’re about to plunge into a science fiction dystopia?

  7. #8 Orac
    December 9, 2016

    I am surprised that Obama is surrounded by libertarians

    Um, no. President Barack Obama is not surrounded by libertarians, but President-Elect Donald Trump is. Both Jim O’Neill and Scott Gottlieb last had government positions in the George W. Bush Administration. This post is about Trump’s potential pick to head the FDA, not about Obama.

  8. #9 Gray Squirrel
    December 9, 2016

    Re. Ellie @ 3: Don’t look now, but there was a science fiction dystopia on exactly that theme: _Bug Jack Barron_ by Norman Spinrad. It’s kinda’ over-the-top melodramatic, but it does make the point.

  9. #10 Orac
    December 9, 2016

    OTOH at least they didn’t propose Ray Kurzweil or someone from Alcor. BTW Kurzweil subscribes to the acid/alkaline woo as well as having founded The Singularity with its “upload” woo.

    Watch the beginning of the video of Jim O’Neill. He references The Singularity.

  10. #11 Gilbert
    December 9, 2016

    “” Anyone remember where the term “snake oil salesmen” came from?””

    Why, yes. Yes I do.

    His name was not, in fact, Livingston. That was an identity he assumed after being indicted for raping a girl in Cyuga in 1849. His actual name was William Avery Rockefeller and he was the father of John D. Rockefeller, founder of the infamous Rockefeller dynasty.

  11. #12 Slugdoc
    The Intertidal
    December 9, 2016

    #2 Guy Chapman: Star Trek DS9 covered that very well with the Sanctuary Districts. The rich people even came to believe it was for the best anyway.

    People who hate the mission statements of these agencies getting appointed to lead the agencies in order to dismantle them. Whoever takes over from the great orange meat ball is going to have a bit of a mess to clean up. Let’s hope they do, for all our sakes.

  12. #13 Daniel Corcos
    December 9, 2016

    @ Orac
    Is Obama obliged to sign the 21st Century Cures Act?

    • #14 Orac
      December 9, 2016

      No. He could veto it. But he won’t. He supported it, and it contains funding for his Precision Medicine Initiative and Brain Mapping Initiative, as well as funding for Joe Biden’s Cancer Moonshot. No way he vetoes it. In fact, I think he might have already signed it yesterday.

  13. #15 Daniel Corcos
    December 9, 2016

    So basically, this is what I mean: the blame should be on technicists, not on libertarians.

  14. #16 Bobby Brooke
    Los Angeles, CA
    December 9, 2016

    “One reason why drug development is so hard these days is because the low hanging fruit has all been picked, leaving only progressively more difficult targets.”

    You really seem to be enamored with the traditional drug development model, which even people in industry always describe as inefficient and broken. I’m curious to hear what you think the top 5 or top 10 drugs are in the last 20 years, and to frame them in terms of their impact on patient outcomes and change in standard-of-care.

    Also, isn’t age the leading risk factor for almost every major disease? Finding out how to influence aspects of aging at the molecular/cellular level might not be a terrible way to discover new drugs… At least that’s what leading researchers from the Mayo Clinic believe: https://techcrunch.com/2016/10/27/jeff-bezos-mayo-clinic-back-anti-aging-startup-unity-biotechnology-for-116-million/ (not to mention many other researchers from Berkeley, Stanford, Harvard, etc.)

    • #17 Orac
      December 9, 2016

      Looks to me like the Mayo Clinic did it in order to take the money and run. And why not? Biomedical research funding is a lot harder to come by these days than it was a couple of decades ago. Also, Mayo is susceptible to woo; it has one of the bigger “integrative medicine” programs in quackademic medicine.

  15. #18 Gray Squirrel
    December 9, 2016

    Gee thanks, Orac, you just made my day. Yaaargh. I will admit I only listened to the first 1 minute 8 seconds of the video, but that was a sufficient dose for the moment. I’ll get back to the rest of it later today, preferably before having a snack so it reduces my caloric intake by killing my appetite.

    OK folks, this is a five-alarm fire of an emergency.

    Y’all really do need to read those articles by Corey Pein:

    http://thebaffler.com/blog/mouthbreathing-machiavellis

    Describes the wacko California libertarian ideology, including that democracy is obsolete and benign despotism controlled by the Silicon Valley elite is the future.

    http://thebaffler.com/salvos/everybody-freeze-pein

    “The decades-old quack procedure, which involves freezing corpse parts for later resuscitation… …has regained an entirely undue aura of respectability as the thought leaders of Silicon Valley have trained their enterprising, disruptive vision on the conquest of disease and death.”

    If you could freeze your corpse (or just your head) and be revived in an era when all diseases have been cured and nanotech robots can rebuild your body better than new, why not deregulate medicine today in order to speed up the progress?

    In other words, we all get to become guinea pigs now, so that by the time these nuts expect their corpsicles to be revived, they will reap the benefits.

    Do not underestimate the degree to which they are driven by their fear of death and their ideological fanaticism. They are classic “irrationalists,” by which I mean, people who are primarily concerned with “the next world” rather than “this world.”

    Don’t just “be very very scared”: get on the phone with your Representative and Senators and urge them to do everything possible to block this guy and anyone having his wacko fringe ideology.

    The only way it could be worse is if Trump had nominated Mikey Adams.

  16. #19 Rich Woods
    December 9, 2016

    @Ellie #3:

    So…basically, the idea is to have rich people live forever by becoming vampires?

    Isn’t that how a good proportion of them gained their wealth in the first place?

  17. #20 machintelligence
    December 9, 2016

    For those who want to become truly depressed, there is a series of graphic novels (adult comic books, if you will) called Lazarus. Here is a brief summary from one of the reviews:

    Lazarus is the tale of a futuristic dystopia where the world is mostly in ruin aside from select territories and locations where they are controlled by the most wealthy and powerful of people. These people are known as Family; powerful aristocrats similar to mob families in terms of control and ways of acting. Civilized working people who live and work under a Family are called Serfs and the poverty level people who do not live by the Family stronghold are called Waste.

  18. #21 Gilbert
    December 9, 2016

    On parabiosis, Novella missed a point:

    When two mice are sutured together, a technique called parabiosis, blood is not the only thing that is exchanged in this setup; organs are also shared, so old mice get access to younger lungs, thymus-immune system, heart, liver and kidneys [Novella hit this point]…

    In the new study, Conboy and colleagues developed an experimental technique to exchange blood between mice without joining them so that scientists can control blood circulation and conduct precise measurements…

    [Novella missed this point] older mice that received younger blood saw either slight or no significant improvements compared to old mice with old blood. Young mice that received older blood, however, saw large declines in most of these tissues or organs…

    older mice showed no significant improvement in brain neuron stem cells after receiving younger blood, but younger mice that received older blood saw a more than twofold drop in brain cell development compared to normal young mice. The researchers think that many benefits seen in old mice after receiving young blood might be due to the young blood diluting the concentration of inhibitors in the old blood.

    “Under no circumstances did young blood improve brain neurogenesis in our experiments,” Conboy said. “Old blood appears to have inhibitors of brain cell health and growth, which we need to identify and remove if we want to improve memory.”

    https://scienceblog.com/490065/young-blood-not-reverse-aging-old-mice-uc-berkeley-study-finds/

    Regardless, I’m put in mind of the Wraith

    In… Stargate Atlantis,… they are a vampire-like telepathic race who feed on the “life-force” of humans

    https://en.wikipedia.org/wiki/Wraith_%28Stargate%29

  19. #22 Eric Lund
    December 9, 2016

    Isn’t that how a good proportion of them gained their wealth in the first place?

    Matt Taibbi, then at Rolling Stone, coined the term “Vampire Squid from Hell” to specifically refer to Goldman Sachs, a major Wall Street firm that was at the epicenter of a lot of the financial shenanigans that led to the collapse of the housing bubble in 2008. So that’s a fair label for the ones who made their money in the financial world.

    It might be reasonable to apply that label to Thiel and O’Neill as well. The word “mithril” in the name of Thiel’s company sounded familiar, and a quick Google search turned up the reference:

    Mithril! All folk desired it. It could be beaten like copper, and polished like glass; and the Dwarves could make of it a metal, light and yet harder than tempered steel. Its beauty was like to that of common silver, but the beauty of mithril did not tarnish or grow dim.

    Wikipedia goes on to explain that after the Balrog destroyed the kingdom of the Dwarves at Khazad-dûm, there was no longer any source of new mithril in Middle-earth. So Thiel named the company after a valuable material the only source of which was destroyed by a race allied with Morgoth. An apt analogy for the sort of capitalism Thiel and his ilk practice.

  20. #23 Denice Walter
    December 9, 2016

    So DJT is assembling a group of billionaires, generals and libertarians…

    To create jobs, stop wars and increase the general welfare of the populace.

    Something seems wrong here.

  21. #24 Lawrence
    December 9, 2016

    Denice –

    “Black is white, up is down…we’re through the looking glass people!”

  22. #25 Robert L Bell
    December 9, 2016

    Considerations like this are why I take – have always taken – such a hard line on requiring stringent scientific validation of both safety and effectiveness in a proposed treatment or device and on standing against the use of naked political considerations to blow up the FDA.

    Which is how I can sigh in disgust over the naked hypocrisy of people who today express outrage over their political enemies using political considerations to attack the FDA, in light of their professed eagerness to suppress the FDA – and its science based procedures – when it comes to dubious substances of which they personally are fond.

  23. #26 JustaTech
    December 9, 2016

    I would disagree that comparing drug development to software development is like apples and oranges. It’s more like comparing an H-bomb to an apple. As in, there really is very little comparison to be made.

    As for all of the anti-regulation sentiment, it’s almost like they don’t know *why* the regulations were created in the first place. The 19th century was a libertarian paradise of almost no regulations. And people died! From tainted medicine, from tainted food, from shoddy construction and from no fire escapes. There are regulations because We The People demanded them!

    Gah. I can’t tell if this idea that we don’t need regulation is ignorance (of history), naivete (of people and corporations), or arrogance (that *they* will not be negatively affected).

  24. #27 rs
    December 9, 2016

    Time to invest in snake oil futures.