So much for being a poor kid? We have all heard the recent problems with toys from China with lead based paints, but it is worse than you think, because now the over reaction is sending shock waves thru retail stocks and toy sales are way down. Back to school sales were better than expected this year but not by much, minus the toy sale decreases many retailers are not looking so great for the end of quarter reporting period, this could seriously hurt stock prices going into the Christmas season.
Before we go into the blame game on the Chinese lead based paint let me make you aware of some other important points to consider, which might send a ripple effect through other social aspects in the fabric of our society. Goodwill Stores are not accepting toys either, for fear of lawsuits and the USMC - United States Marine Corp Reserve, which graciously accepts toy donations for Toys for Tots is considering how best to handle the situation.
Why all the commotion, well, it is simple, no one wants the legal liability for toys which "might" have been painted with lead based paints. Would you? Today, I went to the Goodwill to donate some old toys and they would not accept them, not because they had lead based paint, but because they might. Both, I and the nice lady, retired school teacher, at the donation station were almost certain they did not have lead based paint, but they have a new policy to protect our children and themselves from lawsuits. Think on this. Sincerely, Lance.
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