John Stossel on CPSIA

by Walter Olson on January 15, 2010

In his show last night on “Crony Capitalism”, with CPSC Commissioner Anne Northup as a guest, he told how Mattel and Hasbro are fine with the law that is wiping out many of their smaller competitors. Other segments of the show can be watched here.

{ 5 comments }

1 Todd Rogers 01.15.10 at 9:55 am

She sounds and looks like she completely understands how ridiculous this law is. She even seems like she could be an ally of its opposition. But, I’ve also worked with enough regulatory bureaucrats to know she might also just be posturing for the cameras and really be nothing more than a wolf in sheep’s clothing.

2 Le Mur 01.15.10 at 1:36 pm

“,,,Mattel and Hasbro are fine with the law that is wiping out many of their smaller competitors. …”

Wasn’t that the real purpose of CPSIA?

3 Susan 01.15.10 at 2:20 pm

Todd, if you read Commissioner Northup’s blog, you will see that she is truly a defender of small business!
http://www.SafetyandCommonSense.blogspot.com

4 John 01.15.10 at 8:56 pm

better yet, her comments on today’s CPSC report to Congress

http://www.cpsc.gov/pr/northup01152010.pdf

5 William Nuesslein 01.18.10 at 7:57 am

The question should not be the protection of some small businesses and crafts, even though the people engaged in those acrivities are sweet as can be. If a small grocer sells spoiled meat, then that small grocer should be shut down, as should a similar large business.

The problem with CPSIA is that it is based on a non-scientific, can we say crazy, concept, or lack thereof, of risk. Senator Klobuchar, bless her, is an idiot! At one time she had the power to prosecute people. God have mercy on us.

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