The! Biggest! News! of! the! Day! - Not Earnings from Google, Caterpillar, Pfizer, or McDonalds

Here are some of the contenders for today's biggest...news...of...the...day...

• Better-than-expected earnings from Google (GOOG)...(note - see post below for levels to watch...)
• Better-than-expected earnings from Caterpillar (CAT)...
• A disappointing earnings report from Pfizer (PFE)...
• Upbeat earnings from McDonalds (MCD)...
• A look into Wal-Mart's (WMT) woes...
• A focus on cellphones by Google (GOOG), Microsoft (MSFT), and Yahoo (YHOO)...

While those are all stories worth watching, I think it is obviously clear that the biggest story is this - Another toilet-maker in the hotseat...the reason this stands out is, of course, the implications of the first word of the title - "another"...earlier in the week, my colleague Joe "I don't buy into animal conspiracy themes" Hargett pointed out this article - Company: Toilets might catch fire...today's article says "Japan's second-biggest toilet maker INAX Corp. has joined porcelain powerhouse Toto with tales of smoking toilets and burning bidets"...

Let's be clear about this - something is wrong...toilets can be cold...they can be "1970's green"...they can even be dirty ...or not working...but...they should not...I repeat...should not start smoking or catching fire...that is just not right...