To hide the tool bar on the top the web part (see below) just follow these steps:
1- Site Actions > Edit Page Insert > Web Part Media and Content select Content Editor and click Add
2- On the top of the page (be sure you select the "Content Editor Web Part") Format Text > HTML > Edit HTML Source
3- Add this CSS piece:
<style>.ms-WPHeaderTd{display:none;}.ms-WPHeaderTdMenu{display:none;}</style>
WITH THIS YOU WILL AVOID THESE STEPS! –> To "hide" the content editor web part ... Options > Web Part Properties > Appearance > Chrome Type > None then click OK