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Friday, June 12, 2009


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6-13-2009 Washington's Marlboro Men

Which brings us to the real cynical beauty of this bill: It lets the politicians claim to be punishing Big Tobacco while further cementing their financial partnership. It's no coincidence that Philip Morris, the market leader, is squarely behind a bill that allows the FDA to curb advertisements. The Altria Group subsidiary is hoping to solidify its market share, and any regulation that impedes the ability of smaller rivals to advertise and lure away Philip Morris customers can only benefit the Marlboro Man and his shareholders.

The government has also become increasingly dependent on tax revenue from Big Tobacco, which is why the FDA will have the authority to regulate tobacco products but not to ban them. Cigarette taxes were recently increased to finance Schip, the children's health insurance program that was expanded in February, and another increase has been mooted to finance ObamaCare.

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