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Its not good, raw meat is crawling with bacteria which can transmit a number of very unhappy illnesses to you from simple food poisoning to e coli infections. Theres stuff like bacillus cereus which causes diarrhea and vomiting, campylobacter jejuni which causes diarrhea and severe fever, listereria, shigella, and staphlococcus which can be extremely serious, even fatal (and all cause diarrhea).

When the FDA inspects food, it does so to ensure standards which will result in safe food ONLY IF THE FOOD IS COOKED.... if not, you have no clue what yorue eating...

Basically unless you're looking to miss work for a few weeks some pretty painful illnesses (almost all which induce severe diarrhea), cook that bacon. it can still be a delicious treat.