Forgive a jaded old man but two things jumped out at me
when I read the article.

1.
        "In many other countries, standards are set or approved by a
government entity 
                  with industry involvement. U.S. safety standards, on the
other hand, are set 
                  primarily by private industry - either in independent labs
such as UL or by 
                  industry associations or organizations. The CPSC, an
independent regulatory 
                  agency charged with protecting consumers from hazardous
products, imposes 
                  federal regulations only when it believes industry's
voluntary efforts are 
                  insufficient. "

Oh Boy. Lets see look like UL is ripe for a goverment takeover to me!!

2.
                  Many experts interviewed contend that UL's recent problems
can be traced to 
                  the way the company is organized and funded - with more
than nine-tenths of 
                  its revenue coming from companies for testing products. UL
also sets industry 
                  safety standards - which it then measures products against
- but does not 
                  charge for that. 

Lets see - if we reorganize and - more importantly - change the funding (a
euphamism for taxation) then
we'll all be safer!!

Sorry - Just could not resist..


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