mattel did another one of these overhead smash things where i don't know if you guys remember back in 2007 there were an unprecedented number of toy recalls because mattel was making a bunch of toys in china. some of them have fled and then forgot the manufacturers might get it recalls too but these lead toys made your kids sickened etc so they were all recall then of course congress did what congress always does. we have to pass a law. barack obama behind the law called the consumer product safety improvement act and what this did was in addition to changing the local levels of lead and other chemicals in the toys its at every toy sold in america needs to get tested at a separate third-party testing facility. not every single toy but every line of toys. what is the line of toys? if you produce 1 million barbie's you have to get one of them tested produced by identical methods but what if you are a grandfather who works in your garage in your carving out children's toys to sit down. are you using identical methods to make all of your children's toys? one of them by making for an 8-yea

mattel has a case of the confidence game. now the toys are safe.that on the floor of the house. now you can be rest assured the toys are safe because the federal government is making sure of that. but my favorite story on the confidence game comes from the world of food. i am told in the dining hall here or the food place to talk about sustainable, local, and if i had more time i would do it or if five bereday hit the girl we would be to organic fair trade. i support that perfectly voluntarily. obama would quote to a food writer who wrote to the omnivore dilemma and others to talk about very important points out government and big business end up hurting local food and slow food is a term they use now. but the safety director was a guy named michael taylor whose previous job was looking at genetically modified food. the negotiator for agriculture is a man who is a top lobbyist for the group in washington. and the pattern goes on about that. so obama has said new food safety laws, the consumer product log they are being proposed to require more test

mattel paying $2,000 to test one darbee for one line of a million isn't a big deal. the smaller hand maker -- there's something called the and made to police allowance and this is in the sort of group that on a normally run with, it's like a free-market conservative suburban dad by model of the analysts now because i have written columns and i wrote this book that criticized consumer product safety commission act because mattel into benefitting but as the icing on the cake bill law included a provision i hadn't noticed at first that said if you can prove to the government that you have set up within your own factory a testing facility which is accurate and independent from the parent company then you want to send it out to a third party place you contested within your own factory and exactly one of weaver has been given on this and that is one company has gotten weavers, that is matell who helped write the bill in the first place to react to a scare they caused by putting laid in their 20s over in china and this is a pattern of obama's policies. he backs the governme

well, as big as nordstrom's and mattel and xerox.ut a three-month low here today. it's in the biotech index, in the nasdaq 100 n the midcap, the russell 1000. their revenues beat. e small. first positive earnings surprise, though, in at least two years. that's as far back as i could look. hepatitis c, cystic fibrosis, cancer, they're all doing it. >> over to michelle. with the dow now down triple digits. >> yep. 9892. we're watching a new series today called "life on the streestreet s." finding out the surprising ways that people and businesses are dealing with the current state of the economy. we're starting today right here in new york city. >> we have the electrician coming tomorrow to install the lights. >> he admits it's tough launching a new business in new york city. >> to be opening a restaurant in this climate is a little nerve-racking but also exciting. >> he and his partners are taking leaps of faith and taking advantage of a downturn economy. >> i wouldn't say advantage, i would rather say opportunity. >> they run a succe