Please note that this law was signed BEFORE Obama takes office.

On Jan 9, 8:20 am, Travis <[email protected]> wrote:
> From: Travis
> Subject: Is Feb. 10 financial doomsday for thousands?
> Date: Thursday, January 8, 2009,
>
>  http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=85542
>
> *YOUR GOVERNMENT AT WORK
> *Is Feb. 10 financial doomsday for thousands?
> New law could force companies into ruin
> ------------------------------
> Posted: January 08, 2009
> 12:13 am Eastern
>
> By Chelsea Schilling
> (c) 2009 WorldNetDaily
>
> Jacobsen Books in Clinton, Wis. A new government regulation scheduled to
> take effect next month has thousands of retailers, thrift stores and small
> businesses<http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=85542#>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<http://nationalbankruptcyday.com/>."
>
> Congress passed the Consumer Product Safety Improvement Act of
> 2008<http://www.cpsc.gov/cpsia.pdf>,
> 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.
> *Will Obama bring the end of prosperity? Get the book that shows how higher
> taxes will doom the economy – if we let it
> happen.*<http://shop.wnd.com/store/item.asp?ITEM_ID=2511>
> *Children's books*
> Valerie Jacobsen and her husband, Paul, support their family of 13 by
> selling literature at Jacobsen Books in Clinton, Wis. Her family has
> contracts with local libraries to buy and sell overstocked books – an
> arrangement that draws income for both parties.
> However, Jacobsen told WND that lead testing is estimated to cost $100 to
> $400 for each of her used children's books because she does not buy in bulk,
> and each batch of merchandise is required to be tested.
> "There's a big difference between me and Wal-Mart or Toys 'R' Us," she said.
> "They'll have a batch of 50,000. Everything I have is a batch of one because
> I don't know its history. I'm looking at a testing cost of about $1.2
> million. I would normally sell my full inventory of all children's products
> for probably $15,000. So, it's effectively a ban."
>
> Valerie Jacobsen
> The Consumer Product Safety Commission states that lead testing requirements
> apply to children's books, cassettes and CDs, printed game boards, posters
> and other printed goods used for children's education. While it does claim
> some printing inks will be exempt, paper, cardboard, bindings, glues,
> laminates and other inks are still subject to regulation and require
> testing.
> Jacobsen said that unless the new law is repealed or substantially modified,
> it could devastate her family business.
> "I don't want to stop selling children's books on Feb. 9," she said. "I need
> that income. We provide a lot of reading for a lot of little kids. I went
> into this business because I thought that books were good for children's
> mental development. That opinion hasn't changed. And the government's ruling
> is essentially saying they're hazardous for children's mental development
> because they might contain lead. We just have no evidence that they do."
> *Children's second-hand clothing*
>  Jacobsen said she often shops at second-hand stores for her 11 children
> because she can buy quality clothing at low prices.
> "Over the years I have always tried to make the most of our money, so we'll
> go to Goodwill," she said. "To be honest, I'd rather go to Goodwill and get
> a brand-name item that's hardly been worn and pay $3.99 for it than to go to
> Wal-Mart and pay $13.99 for something that in six weeks from now is not
> going to worth anything."
> But now some thrift and consignment stores are in a panic over the new
> regulation because it extends to children's clothing, shoes and other items
> as well.
> Cindy Retmier owns a consignment store called Jordan's Closet in El Dorado
> Hills, Calif. She told KXTV News 10 that the law could close her business.
> "[W]e've been passing kids clothing down for centuries," she said. "Now all
> of sudden you can't do it because there might be too much lead in one item
> out of a thousand? I mean it's ridiculous they've taken it to the extent
> they've taken it right now."
>
> Goodwill
> She estimates testing for each of her clothing articles to run between $300
> and $1,500. The Consumer Product Safety Commission said it may consider
> exempting clothing and toys made from natural materials such as wool or
> wood, but paint and dyes on the products are still required to be tested.
> "We only sell stuff for an average of $10 so, of course that doesn't make
> sense," Ritmier said.
> Even Goodwill Industries told the station it may be forced to stop selling
> clothing and other children's items if testing is too expensive. The move
> could affect consumers who donate items for tax write-offs if the stores are
> not able to sell them.
> "A huge hit for us and a huge hit for consumers that are trying to save a
> dollar in this economy," Goodwill's Mark Klingler told KXTV. "We'll have to
> analyze it. It may involve not selling if we can't realistically test
> everything."
> Likewise, Shauna Sloan, founder of the Salt Lake City-based Kid to Kid
> Franchise, which sells used children's clothing in 75 stores across the
> country, told the Los Angeles Times his business could end.
> "We will have to lock our doors and file for bankruptcy," he said.
> *Small toy businesses*
> All children's toys and furniture also fall under strict requirements for
> independent lead and phthalate testing. Some small toy businesses say lead
> testing alone costs more than $4,000 per item – a price some say only large
> companies like Mattel and Fisher Price can afford to pay.
> "The only people who can do that now are the ones who actually put this
> scare into effect and actually caused the problem," Amy Evan's, owner of
> Baby's Boutique in Chico, Calif., told CBS' KHSL.
> *Home-based and small businesses*
> Shelsie Hall told KXTV she makes
> hair<http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=85542#>bows
> and jewelry for children and sells them online to support her family.
> Now her small 
> business<http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=85542#>is
> threatened by the measure because those products must be tested.
> "[M]y items sell for $4 to $10 and I make a lot of different things. So I
> couldn't just test one; I would have to test every item," she said.
> One blogger who identifies herself as "Tina" has a home-based business
> making and selling cloth diapers online. She said a U.S. lab quoted a price
> of $75 to test each component of her diapers.
>  "I have at least two different fabrics, thread, snaps and elastic in a
> diaper," she wrote. "$375 to test each different combination of
> fabrics/snaps/thread/size combinations? That is insane."
> She continued, "I am but one of many micro-manufacturers who will be forced
> to give up the American dream of owning my own business because of this
> legislation."
> Tina said retailers purchase inventory with loans secured by the value of
> that inventory.
> "What happens to these lenders and retailers when the value of that
> inventory goes to zero?" she asked. "It is conceivable, at least to me, that
> retailers will be the next group in front of Congress asking for a bailout."
>
> The act's broad wording could extend to children's items sold on eBay,
> Craig's List, Amazon. Critics also say landfills will be hit hard if stores,
> distributors and families simply throw their untested items away rather than
> face prosecution. And new clothing, toys, furniture and books at large
> retailers could become more expensive to cover third-party testing costs.
> *Tentative exemptions*
> While the Consumer Product Safety Commission administers the law, it may
> only be changed by Congress. Some exemptions approved Tuesday by the
> commission's two members, but not formally adopted, include the following:
>
>    - Items with lead parts that a child cannot access;
>    - Clothing, toys and other goods made of natural materials such as cotton
>    and wood; and
>    - Electronics that are impossible to make without lead.
>
> But the tentative exemptions do little to reassure most businesses and
> families who will be affected by the law. Final rules are not scheduled for
> approval until after Feb. 10, when the rules take effect.
> *Taking action*
> Rep. Bobby Rush <http://www.house.gov/rush/zipauth.shtml>, D-Il., sponsored
> the measure along with 106 co-sponsors. In the House of Representatives, 424
> members voted for the act, nine voted "present" and a single member voted
> against it <http://projects.washingtonpost.com/congress/110/bills/h_r_4040/>–
> Rep.
> Ron Paul <http://www.house.gov/paul/contact.shtml>, R-Texas.
> In the Senate, the totals were 89 for, eight "present" and three
> against<http://projects.washingtonpost.com/congress/110/senate/2/votes/193/>–
> Sens. Tom
> Coburn<http://coburn.senate.gov/public/index.cfm?FuseAction=ContactSenatorCo...>,
> R-Okla., Jim 
> DeMint<http://demint.senate.gov/public/index.cfm?FuseAction=Contact.Home>,
> R-S.C., and Jon Kyl <http://kyl.senate.gov/contact.cfm>, R-Ariz.
> President George Bush signed it into law on Aug. 14, 2008.
> The measure raises the CPSC budget each year until 2015, at which time the
> agency's budget would be $156 million. It also allows state attorneys
> general to take civil action against those who violate the strict
> regulations.
> While some may continue to sell their children's products and disobey the
> law, Jacobsen told WND she's not taking any chances at her bookstore.
> "Would I ever get caught? Probably not," she said. "But they are talking
> about $100,000 fines and jail terms of up to five years. I'm not comfortable
> operating with that law on the books."
> Instead, she said she will fight the measure and raise public awareness.
> "I'm planning to put a chain across our children's department and put up a
> sign that says, "Banned hazardous material,'" she said. "I'll ask my
> customers as they come in to please write their
> congressmen<https://writerep.house.gov/writerep/welcome.shtml>,
> call 
> senators<http://www.senate.gov/general/contact_information/senators_cfm.cfm>and
> get the word out there. I will tell them, 'I can let you in now,' but
> four weeks from now, I won't be able to do that."
> Jacobsen's plans don't stop there.
> "I am going to go to my legislator's office, and I'm going to take my
> children's books there," she said. "I'm going to ask him, 'Do you want me to
> put these in the landfill? Do you want me to burn these?' What am I going to
> do with them? I can't just warehouse them until they come to their senses."
>
> U.S. Capitol
> She suggested the public begin writing and calling lawmakers and demanding
> exemptions to the law.
> "I think the whole thing should be trashed, personally," she said. "It was
> so short-sighted. People who were doing the importing of lead are going to
> be rewarded when little companies like mine go under. When you take
> everything on a retailer's shelf and tell them they cannot sell it, that's
> bankruptcy."
> *Concerned individuals may contact
> senators<http://www.senate.gov/general/contact_information/senators_cfm.cfm>and
> representatives <https://writerep.house.gov/writerep/welcome.shtml>
> and the Consumer
> Product Safety Commission <http://www.cpsc.gov/about/contact.html>.*
>
> --
> *~@):~{>
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