LOU DOBBS, CNN ANCHOR: Bush administration failing to maintain defenses against dangerous imports from communist China and other nations, but imports of dangerous foods and contaminated food, in fact, soaring. We will have the report.

President Bush today signed country-of-origin labeling laws for food imports - 5 years ago, he signed that. Incredibly those laws still not in effect. Powerful lobbying groups - imagine - have managed to delay implementation of those laws until 2008.

DaimlerChrysler AG, considering "far-reaching strategic options with partners" and "no option excluded", reported 40% profit drop for 4th quarter. DaimlerChrysler's U.S. shares rose nearly 5 percent. Bad News to Workers = Good News to Shareholders!

"U.S. buys in Wal-Marts & Costcos; the money goes to China. It comes right back; Chinese buy our gov't bonds. China finances our budget & trade deficits. They can threaten to dump those dollars on the market, driving down dollar?s value."