If only there were some kind of place that Consumers could get Reports from independent reviewers.

The business failure I am referring to is a comprehensive database for consumers to make legitimate complaints and to have those complaints available to others. The problem is compounded by confidential settlement agreements.

There are bad products out there. Companies know of problems, but figure that the cost of repairing the problems is greater than the cost of paying for damages. Consumers should have the right to know about the problems. Businesses have not come up with a way to achieve this, so the government steps in.

Yes, 99% of the toys are fine. But I don’t want my children to get the 1%. Can you figure out a better way to enable me to protect my children from unscrupulous sellers?

Walter, businesses can ferret out the good from the bad. Some just don’t do it. And the businesses are afraid that consumers will act the same way with this new reporting system. In this case, businesses are the ganders…

First, the CPSC has acknowledge the difficulties in getting people to stay aware of recalls. All people have to do is sign up for an email list. Why are people going to go to this site and check products? They don’t even know about the recall database.

There is a system in place for the CPSC to be notified of product injuries. One assumes these are investigated. Yes, this public database is not going to be investigated?

This is just going to be job security for consumer groups and the media who thrives on creating more fear among the masses.

To Allen: I’m not sure what your refer to as businesses’ failure? I’m assuming you mean of course that business has failed at creating safe products? The safety rate of children’s products is very high, somewhere in the 99% range.

Oh, yeah, well Mattel did fail pretty significantly and yet they got a pass why the rest of us suffer.

What a major bummer that our government can’t pass and implement laws in a logical way.

Its only for plaintiff’s lawyers. To either fish for new clients or, more likely, when they already have a client, to quickly flush out tons of “similar complaints” to place in front of a jury, “proving” the product is defective and also that the evil corporation did nothing about these previous complaints.
On top of that, the complaints are on a “government” website, so they must be true.

I was not aware that lenders considering credit reports are forbidden to “ferret out the good from the bad” by disregarding dubious or ambiguous data points or asking borrowers for clarification. Does some regulator require them to treat the reports in a purely mechanical fashion, then?

“Welcome to our world.”

This happens to individuals on a daily basis, whether it be bogus credit reporting or turning legitimate complaints into federal cases.

Businesses had, what, 220 years since the US came into conception for figuring out a way to do this. Business failed. So they got this. Reaping what you sow and all that.

By the way, unlike banks looking at credit reports, consumers will be able to read the complaints and ferret out the good from the bad. This will only help businesses.