Economics and Investing:

United abandons ObamaCare in most States – P.S.

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How Mainstream Econ Promotes Socialism

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Items from Professor Preponomics:

US News

Obamacare Latest: Insurers Flee Exchanges, Uninsured Rate Projected to Rise, Co-ops Failing (Townhall) Excerpt: “Let’s take a quick spin through some recent Obamacare-related headlines, shall we?”

Another Payout for Obamacare Cronies (Government Waste Fraud and Abuse) Excerpt: “Contemporaneous documents show industry officials terrified they would miss the Obamacare train and eager to lock in favorable terms by sidling up to the negotiating table first.”

$1.35B of Counterfeit Goods Seized in 2015 (Washington Examiner) Excerpt: “The number of goods that violated intellectual property rights spiked 25 percent from 23,140 in 2014 to 28,865 in 2015, indicating there were more items of all prices trafficked.”

International News

Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill (The New York Times) Excerpt: “…the threat is another sign of the escalating tensions between Saudi Arabia and the United States.”

Saudi Arabia Says it can Flood the Oil Market with Over 1 Million Extra Barrels Right Away (Business Insider) Excerpt: “I don’t suggest that we should produce more, but we can produce more….”

G20 Worried by “Modest” Global Growth, Commodities Weakness (Reuters) Excerpt: “…G20 finance ministers and central bank governors repeated their pledge to refrain from competitive currency devaluations, but offered no new initiatives to keep growth from stalling.”

IMF Could Break Away from Greek Bailout if Debt Deal is not Agreed (The Telegraph) Excerpt: “He added that there was a “menu of options” available on debt relief – including increasing the lifespan of the debts and locking in low interest rates for longer – and that it could be achieved without a “haircut”, writing off the amount of debt owned by Greece.”

Personal Economics and Household Finance

Phony Locksmiths Ripping People Off with Bait-and-Switch Pricing (Clark Howard) Excerpt: “Any job $20. Guaranteed arrival in 20 minutes or less.” Sounds great, right? Wrong!”

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