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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?

To: Ralph Bergmann who wrote (1347)	4/9/1998 9:58:00 AM
From: Xpiderman	Respond to of 6439

Without the support from the tobacco industry, there is no way the Congress can pass any law to force the industry to pay $516 Billion. Now the big tobaccos quit to support McCain bill, what the congress can do? The Congress has a few options: 1). They can pass laws to increase tobacco product taxes. In Europe, the average cost of a pack of cigarette is $4 -5, the rate of teen-smoking is about the same as in the US. 2). They could(and they wish) pass laws so that the FDA can regulate cigarette as a prescription drug. Can you imagine you have to see your doctor to buy a pack of cigarette? FDA tried this before and failed badly. The cigarette is a legal tobacco product. Among all smokers, 98% (the ~2% of them are teen smokers) of them use it legally. Why punish the 98% of smokers? To reduce teen-smoking, their parents must make their part contributions. It's not a good idea at all for the government to tell us what to do.