Information on the Consumer Product Safety Improvement Act (CPSIA)
I realize that few if any of you are going to read this legislation, but we now have a law in place that has caused 10's maybe even 100's of millions of dollars of inventory to be tossed out.
Most Americans have no clue how this legislation has and will destroy the toy industry among others. Congress has no idea how to implement legislation that is effective and reasonable. They are so much in the palm of the Environmental Wackos (not the responsible environmentalists), that they don't even know what damage they've done.
The lawsuit and insurance costs are going to go through the roof. Be prepared for an East German like business environment. It was tough before with the crazy OSHA and EPA regs. Now it's repressive. Just what we need in this tough business environment.
We MUST get informed and active. We must go on the offensive. We can't wait until it kills our own products, by then it will be too late. Whether its' the Fairness Doctrine (or it's stealth terms like localization, diversity and public interest), global warming, or CPSIA; will destroy the freedom and prosperity we always enjoyed.
All totalitarianism is for the good of the people. This is how it happens.
Dr Dave's unique perspective on our culture, politics, business, history and economics.
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Monday, February 23, 2009
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