Friday, May 15, 2009

How CPSIA Affects Small Businesses Video 12

Ok, back to watching the videos of the briefing. The more I watch, the more troubled I am at the stubbornness of those who have the power to fix this disaster and sit back and do nothing.

I was shook up by the previous videos where the women with home businesses discussed their losses under this law, and by the video with the woman from the Resellers Franchises. But for some reason, this next video upset me even more. Maybe I'm just hitting saturation point on being able to deal with the foolishness of those who still support this disastrous legislation:

Video #12 -- Mr. Vittone, Vice President of SwimWays, a small, family owned company employing about 70 employees, and offering over 100 different products. Mr. Vittone discussed the double whammy his company got in 2008 from the economy and the CPSIA, which together created "a perfect economic storm for us."

He focused on the phthalate ban, and its effect on his company, since it is giving them the most difficulty. For their company at least, the timing of the phthalate ban was the single biggest disaster of the CPSIA. Similar bans in other locations have given businesses 13 - 15 months to comply, giving them an opportunity to go through their existing inventory. CPSIA gave them less than 5 months -- during an off season of a very seasonal business. And then, with the General Counsel Opinion applying the phthalate ban to only new merchandise, they had some breathing room -- until a New York Judge overruled the CPSC, giving their business, and the businesses they supply less than 4 days to find and withdraw implicated inventory. Needless to say, this law has already been costly beyond belief to this company and many others -- and children are no safer because of it!

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