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In The News – Wednesday, December 10th, 2014 Edition
Posted Dec 10 2014 7:00AM
  • I don’t really consider this a news flash. I’m not usually on the cutting edge of technology or a first adopter, but this describes me pretty well. I’ve used Amazon for books probably 10:1 over brick and mortar stores over the last ten years. Apparently one in three items of clothing, furniture and household appliances are now bought over the internet. One reason is apps like Red Laser that allow you to scan a bar code in a store and immediately know who has the item at the best price. I’ve used it to great effect over the past few years. More often than not retailers will match the price.

  • You may not like certain industries, but I don’t think it is the FDIC’s or the Justice Department’s business to decide unilaterally that they need to try and shut down legally operated businesses through pressuring banks to close their accounts.

  • Get one of Washington D.C.’s hottest T-Shirts. “I’m With Stupid”. The appeared coincident with Jonathan Gruber’s testimony in Congress.

  • Whooping Cough Back With A Vengeance In California.  What goes unsaid in the article is the untold damage done by the anti-vaccine crowd who have, without any scientific reason for doing so, put their children at risk.

  • Could things possibly get any more ridiculous, politicized or just plain nonsensical? IBD has an editorial about the Justice Department’s new anti-profiling guidelines. What tripe is being promulgated by DOJ!

  • Here’s an interesting take from BOM on what’s going on in the Oil business and where crude might settle in and what the ramifications are. You need to read this article. If they’re right, we’re going to get a phenomenal buying opportunity in Energy stocks in the first half of 2015.

  • Talk about getting flogged on national TV. Professor Gruber just had to sit there and take it and it wasn’t pretty. It was, however, well deserved.

  • Looks like someone is positioning themselves in anticipation that the U.S. will ease export restrictions on oil.