Tuesday, January 20, 2009

More on "National Bankruptcy Day" Law

The law (CPSIA) which, on its face, is "for the children" but which has cataclysmic unintended consequences continues to get attention.

On Friday there was a noteworthy development on CPSIA: Reps. Henry Waxman (D-Calif.) and Bobby Rush (D-Ill.) and Sens. Mark Pryor (D-Ark.) and John D. Rockefeller IV (D-W.Va.) sent a letter to Nancy Nord, chairman of the Consumer Product Safety Commission, endorsing some softenings in the law’s regulatory interpretation, which seems to represent a modest shift (if not an admitted one) from their earlier position. At the same time, Waxman, Rush et al held the line against any demand to revise the law itself, despite the outcry being heard from small producers, retailers and secondhand sellers across the country

Gee. Four Democrats unified in their determination to crush small business. We're shocked!!

And, by the way, Goodwill, St Vincent dePaul, and Salvation Army stores are still in the target-zone:

The truth is that while thrift stores are not directly obligated to test, they are liable if they inadvertently sell an old item any part of which (even a snap, button or bolt) exceeds the stringent new standards. Since a broad-based testing regime will normally be incompatible with the economics of a thrift store, that will leave them with the unpleasant alternative of 1) ceasing to sell kids’ goods; 2) predictably being in noncompliance on a lot of old items (without knowing which ones) and hoping no one actually enforces the law against them.

Those four Democrats absolutely, positively, REFUSE to re-write the legislation--so far.

Sell your bootstraps, folks. The (D) Party doesn't care for "little guys" at all.

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