What some refer to as "crony capitalism" is more properly labeled "fascism." (Corporate intermingling with government at the expense of the plebiscite) As evidence there's the trend toward appointing people with strong ties to the very entities which they are appointed to regulate. (Can you say "conflict of interest?)

http://www.naturalnews.com/020029_Byron_Richard_Andrew_von_E...

http://tobaccoanalysis.blogspot.com/2013/02/pharmaceutical-c...

http://www.activistpost.com/2011/12/case-study-in-corporatoc...

Compare these facts to the recent crackdowns on natural foods.

http://www.farmtoconsumer.org/litigation-FDA.htm

As for "tightly regulated" pharmaceuticals, have you any citations in support of this claim?

http://www.forbes.com/sites/davidmaris/2012/10/10/fda-recall...