Saturday, January 10, 2009

National Bankruptcy Day

Have you heard about this? February 10th has been named National Bankruptcy Day because of a well meaning law that went bad. That's right a law that goes into effect on February 10th will shut the doors of thousands of businesses across the US.

A new government regulation scheduled to take effect next month has thousands of retailers, thrift stores and small businesses worried they will be forced to permanently close their doors – and destroy their merchandise.
The law is expected to have such a devastating impact that Feb. 10 is now unofficially known as "National Bankruptcy Day."
Congress passed the Consumer Product Safety Improvement Act of 2008, or HR 4040, a retroactive rule mandating that all items sold for use by children under 12 must be tested by an
independent party for lead and phthalates, which are chemicals used to make plastics more pliable.
All untested items, regardless of lead content, are to be declared "banned hazardous products.'' The CPSC has already determined the law applies to every children's item on shelves, not just to items made beginning Feb. 10.
The regulations could force thousands of businesses –
especially smaller ones that cannot afford the cost of lead testing – to throw away truckloads of children's clothing, books, toys, furniture and other children's items and even force them to close their doors.


This is a great example of how our do nothing congress has failed its citizens. They were in such a hurry to pass something that would up their basement rating they never looked at the consequences of this bill. Now as thousands face unemployment as the economy tanks, the due nothing congress can further collapse and destroy the small businesses of our nation.
When historians look back at '07 and '08 they will see the worst government this nation has ever had. Complete failure at all levels. Never before has our government been so far out of the will of its people.
Take a moment and write your congress-critters. There is still time to save Small Business America. You will have to spell it out for them.

Raising children in today's world comes with many expenses and dangers. The real problems have been from the import industries, namely China. If we need a law to protect our children from toxins than let's name names and write a real law that fixes the problem.
All children's products imported from China must be tested before entry into America.
That wasn't so hard.

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1 Comments:

Blogger Frances Clements said...

There you go using your common sense. That will keep you out of Congress you know.

8:40 AM, January 13, 2009  

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