During a tumultuous period of turnover of federal agencies just prior to the inauguration of Donald Trump as the 45th President of the United States, the Federal Trade Commission appears to be taking a final shot at a company that in 2009 needled forgetful government officials who didn’t pay their taxes on time.
We see today in the news an attack by the Federal Trade Commission on a dietary supplement company, QUINCY BIOSCIENCE and its PREVAGEN brain-boosting product. [Daily Mail Jan 9, 2017; FTC.gov]
The hidden political agenda behind this government attack on a free enterprise in the U.S. is revealed by a 2009 press release published in the Milwaukee Journal Sentinel that offered a free bottle of its brain enhancing dietary supplement to any member of Congress or the Obama administration who had forgotten to pay taxes during the past 10 years. [Journal Sentinel Feb 24, 2009]
“We’re confident after 30-60 days of taking the supplement, most legislators and government officials will recall, without being reminded by aides or reporters, all tax periods for which they have forgotten to pay state or federal income taxes,” said Quincy Bioscience president Mark Underwood.” [Washington Times Feb 25, 2009]
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In that same year (2009) the Washington Post published a long list of federal government employees who owed money to the Internal Revenue Service. The Federal Trade Commission had 35 employees who were in arrears on taxes at that time. Also 41 aides to President Obama were identified as delinquent taxpayers. [Washington Post; Financial Samurai]
Quincy Biosciences notes in a USA TODAY news report that the FTC action was taken by “two of the regulator’s commissioners, rather than the full complement…