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Money and Markets: Investing Insights

Money and Markets Daily Reader: Gates Says Spying Isn’t Always Bad, al-Qaeda Planned to Blow Up U.S. Embassy in Tel Aviv, Obamacare Website Hackable in 4 Minutes

The Money and Markets Team | Thursday, January 23, 2014 at 10:38 am

The following is a rundown of the day’s news drawn from other media sources with topics curated just for Money and Markets readers: personal security and freedom, world news and Obamacare.

Personal security and freedom

Bill Gates Says Government Spying Isn't Always Bad

Bill Gates Says Government Spying Isn’t Always Bad
“At the end of the day … we want to stop terrorism, we want to see if someone’s talking about nuclear weapons, or bioterrorism or various bad things,” Gates said. “So it’s not as though government surveillance is absolutely bad in all cases.”

Fracking Protesters Arrested for Gluing Themselves to the Wrong Pumps
The group sacrificed themselves in order to protest the hydraulic fracking activities of Total, a French petroleum company. But, to their embarrassment, the group sacrificed themselves to the wrong petrol station, which was no longer owned by Total.

Two Nabbed at Texas Border in Credit Card Fraud Case
Two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise.

Pentagon Eases Rules on Religious Garb in Uniform
A new policy asks the services to make every effort to accommodate waiver requests to wear religious garb as long as it does not conflict with unit cohesion, safety or the ability to wear protective wear in a combat mission.

‘Machine Gun Tourism’ Thriving in Las Vegas
When The Gun Store began renting out machine guns they were the only store in town that did so, now competitors are plentiful. Irwin said others have realized there is money to be made in the machine gun rental business.

World news

Al-Qaeda Planned to Blow Up U.S. Embassy in Tel Aviv, Jerusalem Convention Center

Al-Qaeda Planned to Blow Up U.S. Embassy in Tel Aviv, Jerusalem Convention Center
The planned attacks included twin suicide bombings against the U.S. Embassy in Tel Aviv and the main Israeli convention center in Jerusalem, where President Obama gave the centerpiece speech of his Israel visit last March.

Japan Tells World to Stand Up to China or Face Consequences
“We must restrain military expansion in Asia … which otherwise could go unchecked,” Abe told the annual meeting of global business and political leaders, which Chinese Foreign Minister Wang Yi is due to attend on Friday.

Anti-Semitic French Comedian Dieudonné Back in Custody
French stand-up comedian Dieudonné, whose performances have stirred controversy over their overtly anti-Semitic content, has been taken into custody after a bailiff brought a complaint against him.

Swedes Buy Insurance to Skip Long Health Queues
More than half a million Swedes now have private health insurance, showed a new review from industry organization Swedish Insurance (Svensk Försäkring). In eight out of 10 cases, the person’s employer had offered them the private insurance deal.

Europeans on Alert After Olympic Athletes in Sochi Receive Terror Warnings
Germany, Hungary, Italy, Slovakia and Slovenia said they received the threats in the form of emails and hand-written letters, according to Reuters. The messages threatened that athletes will be targeted with terrorist attacks at the upcoming games.

Obamacare

Security Expert Claims to Gain Info o n 70K Obamacare Records in 4 Minutes

Security Expert Claims to Gain Info on 70K Obamacare Records in 4 Minutes
“Think of it this way, think of something where you have a car and the car doors are open and the windows are open and you can see inside of it, that’s basically what they allow you to do and there’s no real sophistication level here — it’s just really wide open.”

Hundreds in Ohio Lose Their Doctor Due to Obamacare
A local news outlet finds: “With the passage of the Affordable Care Act, some area medical facilities say they’re no longer able to use some insurance companies, and local officials say the Affordable Care Act is to blame.”

CEO: Aetna Could Be Forced Out of Obamacare
“Obamacare has just shifted people who were insured in the individual market to the public exchanges where they could get a better deal on a subsidy for coverage. We see only 11 percent of the population is actually people that were firmly uninsured that are now insured. So [it] didn’t really eat into the uninsured population.”

6.3 Million Eligible for Medicaid Since Obamacare Launch
The swelling rolls reflect what health-care policy analysts call an “out-of-the-woodwork effect,” in which people who heard about Obamacare sought to obtain health insurance and discovered that they had qualified for Medicaid even before the law expanded eligibility.

Best wishes,

The Money and Markets Team

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