This article first appeared at The McAlvany Intelligence Advisor on Friday, August 8, 2014:
In its zeal to proclaim that everything is inherently dangerous and therefore illegal, the Consumer Product Safety Commission (CPSC) – the Goliath in this story – has just run into its David. Shihan Qu, the 27-year-old founder of Zen Magnets, notified the agency that he wasn’t going to take it anymore through a letter on his company’s website:
Take this as official notice that Zen Magnets LLC is going All-in.… We will not settle for any sort of stop-sale of magnets that are perfectly safe when not misused….
We vow to continue this legal, awareness, and lobbying battle until our very last drop of cash-flow blood. We will combat CPSC’s magnet prohibition until triumph, or until a glorious death of insolvency on the legal battlefield….