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Wednesday, October 19, 2022

Abbott CEO updates on progress as baby formula shortage persists

 Abbott Laboratories CEO Robert Ford said Wednesday the company has made progress in addressing the ongoing baby formula shortage in the U.S. over the past several months, providing a status update and revealing changes aimed at preventing another crisis.

Ford said during an earnings call that the company made leadership changes both in the organization and at its troubled Sturgis, Michigan, facility, which was shut down in February and contributed significantly to the nationwide shortages. He did not offer specifics on the management changes.

Following a number of setbacks, production at the Sturgis plant resumed in July, prioritizing specialty formulas like EleCare, and popular Similac products made at the plant are expected to be available at retailers over the coming weeks, Ford noted.

The CEO said that despite the disruptions at the Michigan facility, Abbott's move to boost global production at other sites and direct products to the U.S. nearly made up for the lack of output at the plant, saying, "We delivered roughly the same volume of formula to our U.S. customers this past quarter as we did during the three months prior to the recall."

Despite those changes, the nationwide infant formula shortage persists. According to data from the U.S. Census Bureau, roughly 33% of American families shopping for baby formula struggled to find it in September.

But Abbott has plans to expand domestic formula production further. Ford announced the company will build another $500 million facility in the U.S. for manufacturing specialty and metabolic baby formulas, and is in the final stages of choosing the site location.

https://www.foxbusiness.com/lifestyle/abbott-ceo-provides-update-progress-baby-formula-shortage-persists

Investor Elliott has taken stake in Germany's Fresenius

 

Elliott Investment Management has taken a stake in Fresenius SE, seeking to potentially break up the diversified healthcare company, Bloomberg cited people familiar with the matter as saying.


SCOTUS asked to halt Biden’s student loan forgiveness plan

 A group of Wisconsin taxpayers on Wednesday asked the Supreme Court to block the Biden administration’s student loan forgiveness program while an appeal plays out in a lower court.

The emergency request, filed to Justice Amy Coney Barrett, who handles emergency matters arising from Wisconsin, comes shortly after the administration began accepting applications for the program.

The challengers, the Brown County Taxpayers Association, urged the court to rule that the president’s nationwide debt cancellation plan illegally encroaches on Congress’ exclusive spending power. 

“The assault on our separation of powers — and upon the principle that the spending power is vested solely in Congress — is extraordinary, and perhaps unprecedented,” they wrote in court papers. “We are witnessing a gargantuan increase in the national debt accomplished by a complete disregard for limitations on the constitutional spending authority.”

President Biden announced in August that his administration planned to forgive $10,000 in student loan debt for those making under $125,000 annually and $20,000 for recipients of Pell grants, which assists students from lower-income families. 

The White House said its policy is authorized by a 2003 federal law known as the Higher Education Relief Opportunities for Students Act (HEROES Act), which both the Trump and Biden administrations have drawn upon to enact student debt relief policies amid the exigencies of the global pandemic.

In a lawsuit filed in federal court earlier this month, the Wisconsin taxpayers argued that the HEROES Act does not authorize Biden’s debt cancellation policy, which the Congressional Budget Office estimates will cost about $400 billion over 30 years.

A U.S. District judge in Wisconsin dismissed the suit for lack of standing. An intermediate appeals court declined to halt that ruling while a formal appeal plays out, prompting the group’s emergency request to the Supreme Court.

In their Wednesday filing, the challengers urged the Supreme Court to find that Biden’s debt cancellation policy would have major political and economic consequences, despite clear authorization by Congress — violating what the court last term dubbed the “major questions doctrine.”

“There is no legal justification for this presidential usurpation of the constitutional spending power, which is reserved exclusively for Congress,” they wrote. “This step, which is certainly a major question … is predicated on a law passed under different circumstances to accomplish different purposes for different beneficiaries.”

https://thehill.com/regulation/court-battles/3695967-supreme-court-urged-to-halt-bidens-student-loan-forgiveness-plan/

Fauci On COVID School Shutdowns: 'I Had Nothing To Do With It'

 by Jack Phillips via The Epoch Times (emphasis ours),

Since announcing in August he would be departing his post at the White House, Dr. Anthony Fauci said he had “nothing to do” with COVID-related school lockdowns and the reported accompanied loss in learning among public school students.

Speaking to ABC News on Sunday, Fauci denied that he was responsible for pushing the public consensus that schools should be shut down due to the spread of the virus. Across the United States, numerous public and private schools were forced to shut down and use virtual learning—which many experts and studies say led to a dramatic drop in basic skills.

ABC News host Jonathan Karl asked: “Was it a mistake in so many states, in so many localities, to see schools closed as long as they were?”

I don’t want to use the word ‘mistake’ John because if I do it gets taken out of the context that you’re asking me the question on,” Fauci said in response. “Could there be too high a price?” Karl clarified, likely referencing the plummeting academic performance, social isolation, and mental health crisis that school closures fueled.

“What we should realize, and have realized, [is] that there will be deleterious collateral consequences when you do something like that,” added Fauci, the head of the National Institute of Allergy and Infectious Diseases since 1984. “The idea that this virus doesn’t afflict children is not so. We’ve already lost close to 1,500 kids so far.”

A study that inflated the number of COVID-19 deaths among children was corrected in July.

Fauci’s agency has no authority to force the shutting down of schools, businesses, or other entities, although Republicans and other critics have said that during his frequent interviews starting in early 2020, Fauci recommended widespread lockdowns. Those closures and stay-at-home orders were issued either by states, counties, or municipalities as the federal government—namely the Centers for Disease Control and Prediction—mainly issued recommendations.

Fauci also often made dire claims about the trajectory of the pandemic—even making a grim prediction this week that new variants of the virus would resurge this fall and winter.

Later in the ABC interview, Fauci claimed that he repeatedly called on schools to stay open as long as possible, although he did not provide evidence or an example for that claim.

“No one plays that clip. They always come back and say ‘Fauci was responsible for closing schools.’ I had nothing to do [with it]. I mean, let’s get down to the facts,” he stated.

Statements

In May 2020, when Sen. Rand Paul (R-Ky.) told him that data shows that children aren’t at serious risk of severe COVID-19 complications, Fauci said that “I think we better be careful that we’re not cavalier, in thinking that children are completely immune to the deleterious effects.”

In other public settings and during interviews, Fauci also continuously warned about lifting restrictions for schools, which likely helped fuel extensions or more lockdowns of schools. In March 2020, Fauci said he would favor a nationwide lockdown and said the “worst is ahead” for COVID-19.

Fauci in late 2020 expressed support for keeping schools open but wanted many businesses shut down.

During one instance in December of that year, Fauci said he wants to “close the bars and keep the schools open.”

“The default position should be to try, as best as possible within reason, to keep the children in school or to get them back to school,” Fauci said. “If you look at the data, the spread among children and from children is not really very big at all, not like one would have suspected,” he added.

https://www.zerohedge.com/covid-19/fauci-covid-school-shutdowns-i-had-nothing-do-it

Moderna CEO: COVID Is Like Seasonal Flu, Only Vulnerable Need Jabs

 by Steve Watson via Summit News,

In a rare moment, Moderna CEO Stéphane Bancel admitted that COVID is akin to a seasonal flu and that only older people and those who have compromised immune systems need to get vaccinated.

Speaking at a finance conference Monday, Bancel noted “I think it’s going to be like the flu. If you’re a 25-year-old, do you need an annual booster every year if you’re healthy?”

Biden Pledges To 'Codify Roe' With Bill That Goes Far Beyond Roe

 by Jonathan Turley,

In what was billed as a major address yesterday by the White House, President Joe Biden declared that, if the Democrats prevail in the midterm elections, “here’s the promise I make to you and the American people: The first bill I will send to the Congress will be to codify Roe v. Wade. And when Congress passes it, I’ll sign it in January, 50 years after Roe was first decided the law of the land.” 

As previously discussed, the bill being referenced by the President and Democrats is not a codification of Roe v. Wade, but rather a significant expansion of the precedent. Biden also returned to his claim that the right can be based entirely on the Ninth Amendment.

The Women’s Health Protection Act (WHPA) is routinely described in the media as a “codification of Roe,” repeating the false claim by the White House and many Democratic sponsors. It is in fact what many pro-choice advocates have always wanted Roe to be but have been unsuccessful in establishing through the court system.

The Democrats could have simply sought the codification of Roe but instead loaded the WHPA with a wishlist of pro-choice provisions. The WHPA would dramatically expand Roe and its successor case, Planned Parenthood of Southeastern Pennsylvania v. Casey. It seeks to accomplish legislatively what could not be accomplished judicially for decades.

The bill declares the “violent legacy” of “restrictions on reproductive health, including abortion … [that] perpetuate systems of oppression, lack of bodily autonomy, white supremacy, and anti-Black racism.”

It would wipe away the precedent following Roe where states did impose legislative conditions and limitations on abortions within the constitutional framework laid out by the Court. Since 1973, states have used that precedent to enact hundreds of laws on abortions.

There are legitimate objections to some of these laws. However, if the President and Congress are going to preempt state laws, they should be honest with voters that this an expansion (rather than a codification) of the status quo of Roe.

The precedent under Roe and its successor cases bar states from imposing an undue burden on the right to an abortion, or laws that have “the purpose or effect of placing a substantial obstacle in the path of a woman seeking an abortion of a nonviable fetus.” That can be stated in a couple lines. But the WHPA would superficially track constitutional language while adopting other undefined or sweeping terms.

It bars any limitation or requirement that “expressly, effectively, implicitly, or as implemented singles out” and “impedes access to” abortion. Any state law would need to show — by clear and convincing evidence — that it “significantly advances the safety of abortion services or the health of patients,” and that such safety “cannot be advanced by a less restrictive alternative measure.”

Conversely, a law can “impede” abortion rights under seven broad standards — including any conditions that are “reasonably likely to directly or indirectly increase the cost of providing … or obtaining abortion services (including costs associated with travel, childcare, or time off work),” that “deters some patients.” It also impedes the right if it causes “a trip to the offices of a health care provider that would not otherwise be required.”

Under the WHPA, no law could countermand a health-care provider who believes “continuation of the pregnancy would pose a risk to the pregnant patient’s life or health.” The term “health” is not defined and such terms are required to be “liberally construed” under the law. The law could be read as preempting certain late term abortion laws and other limits.

The WHPA could make it more difficult to establish waiting periods under current state laws. Laws requiring the involvement of licensed physicians could be struck down, too, since the key “health care provider” definition includes a “certified nurse-midwife, nurse practitioner, and physician assistant.”

Again, these are important issues that are worthy of debate. Indeed, they are the types of definitions, procedures and standards that have resulted in different approaches among the states under the current post-Roe precedent — laws that could be preempted under the WHPA.

President Biden also returned to the claim that the Constitution’s Ninth Amendment contains a “right to privacy.”

He explained “There’s a thing called the Ninth Amendment that says there’s a right to privacy. That’s how it was interpreted back then.”

The Court has expressly rejected this rationale and any law based on this claim would likely face the same result before the current Court.

The Ninth Amendment of the U.S. Constitution states “the enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.”

Biden previously made the same claim during a NATO press conference on June 30. He added:

“I have written, way back, a number of law review articles about the Ninth Amendment and the – and the Fourteenth Amendment and why that privacy is considered as part of a constitutional guarantee.”

Even the Washington Post declared that claim to be false. It awarded two “Pinocchios” though it is not clear what it takes to get more “Pinocchios” in this circumstance.

Nevertheless, the Post tried to be as gentle as possible, noting that “as we’ve already documented, the president tends to embellish the factual record of his past at times.”  This includes his claim of being arrested during civil rights protests and also that he was arrested in his effort to see Nelson Mandela.

On this occasion, the Post found no such law review articles written by Biden, as repeatedly claimed in public.

As for the Ninth Amendment, it was meant by James Madison as a way to assure anti-Federalists and others that, by listing certain rights, the Bill of Rights was not confining rights to those listed.

However, the Court has rejected the type of argument repeatedly eluded to by the President.  Such rights must be established as deeply rooted in our history. In the recent Dodd decision, the Court expressly rejected abortion as one of those rights.

https://www.zerohedge.com/political/president-biden-pledges-codify-roe-bill-goes-far-beyond-roe

Cal. Ophthalmologists Win Eye Surgery Scope of Practice Battle

 California optometrists lost their latest bid to expand their scope of practice when the state's governor recently vetoed a bill that would have allowed them to perform laser and scalpel eye surgeries, long the domain of ophthalmologists.

Assembly Bill 2236 sought to permit optometrists who treat glaucoma to perform advanced procedures, including excision and drainage of small lesions, corneal crosslinking, administering injections for blocked glands in the eyelid, and using therapeutic lasers.

The California Optometric Association said the expanded scope of practice would improve access to eye care services, especially for Medi-Cal enrollees where rural ophthalmologist shortages have "created major bottlenecks in care for one in three Californians," many of whom are people of color.

Opponents of the legislation — including the American Medical Association, California Medical Association, California Academy of Eye Physicians and Surgeons, and American Society of Retina Specialists — expressed concerns about scope creep (expanding scope of practice for non-physician healthcare professionals), patient safety, and unforeseen surgical complications.  

While the bill outlined additional training requirements, including 32 hours of continuing education and completion of 43 surgical procedures on live human patients, its passage  would have reduced the educational and training requirements to perform eye surgery in California.

To obtain an optometry license in California, an individual must complete a 4-year college degree and attend a 4-year optometry program. Ophthalmologists require a 4-year undergraduate degree, 4 years of medical school, and at least 3 years of residency.

California Gov. Gavin Newsom cited the difference in educational requirements in his decision to veto the bill. 

"I am not convinced that the education and training required is sufficient to prepare optometrists to perform the surgical procedures identified," Newsom said in a press release. "This bill would allow optometrists to perform advanced surgical procedures with less than one year of training. In comparison, physicians who perform these procedures must complete at least a three-year residency program."

In a statement released before the veto, another opponent of the bill, the American Academy of Ophthalmology, said that "Californians deserve far better than the substandard training and potentially dangerous care that would be allowed under AB 2236."

More States Revising Optometrists' Scope of Practice

The scope of practice for optometrists varies by state. Most states permit optometrists to prescribe oral steroids and administer injectables, though the latter is limited to treating anaphylaxis in 20 states.

This year, new laws in Virginia, Mississippi, and Colorado now allow optometrists to use lasers to treat ocular conditions, bringing the number of states with this expanded scope of practice to 10. Similar legislation has passed the state House in Utah and is pending review in the state Senate.

According to the National Conference of State Legislatures database, optometrists in California are limited to:

  • performing procedures related to foreign body removal and the examination, evaluation, diagnosis, and treatment of the human eye;

  • administering vaccines and all pharmaceutical agents for the diagnosis and treatment of eye diseases, including oral steroids and epinephrine auto-injections to counter anaphylaxis; and

  • prescribing Schedule III-V controlled substances and Schedule II hydrocodone or hydrocodone combination medications.