The following is a rundown of the day’s news drawn from other media sources with topics curated just for Weiss Research readers: the unraveling of Obamacare, the ethics of the NSA’s spy program, a Swiss haven for technology and more.
Obamacare
Individual Insurance Market Is Going Away
Obamacare architect Ezekiel Emanuel, a former adviser to the Obama White House, admitted today that, if Democrats have their way, the individual insurance market is going away.
Sticker Shock Often Follows Insurance Cancellation
We’re buying insurance that we will never use and can’t possibly ever benefit from.
You Also Can’t Keep Your Doctor
I had great cancer doctors and health insurance. Thanks to the law, I have been forced to give up a world-class health plan. Now I worry how long I’ll live.
HealthCare.gov Users Warn of Security Risk, Breach of Privacy
“From canceled coverage to skyrocketing premiums to the federal government’s failing to protect Americans’ personal data, the damage Obamacare has inflicted is becoming more and more clear each day.”
House Committee Threatens Obama Administration With Subpoena Over Health Care
House Republicans suspect the White House has more Obamacare data than they’re letting on.
Personal safety and freedom
Book Alleges Obama Told Aides About Drone Strikes: I’m ‘Really Good at Killing People’
Other claims made in the book include Republican candidate Mitt Romney’s ruling out of New Jersey Gov. Chris Christie as a possible running mate due to a troublesome vetting process and concerns about Christie’s physical health.
Los Angeles Airport Shooting Suspect Paul Ciancia Charged With Murder
The suspect’s note made it clear that he intended to kill “multiple” TSA employees and to “instill fear into their traitorous minds.”
NSA Leaker Snowden Meets With German Official
After allegations that the NSA wiretapped German Chancellor Angela Merkel’s cell phone, German officials are saying they want more information.
No Morsel Too Minuscule for All-Consuming NSA
“There’s no question that from a capability standpoint we probably dwarf everybody on the planet, with perhaps the exception of Russia and China,” James R. Clapper Jr., the director of national intelligence, said.
Brazil Says Internet Privacy Must Be a UN Priority
“We consider that privacy on the Internet is part of human rights, and its defense must receive priority treatment in UN discussions,” Brazilian President Dilma Rousseff said on her Twitter account.
Business and technology
Warning Signs Flash as Stock Market Soars to Records
Some Analysts See a Replay of the Go-Go Market of the Late 1990s
EBay’s Sickos Trade in Holocaust Souvenirs: Outrage Over Auctions of Death Camp Relics
Items for sale include the clothes of concentration camp victims. Among dozens of sick souvenirs on offer last week was a striped uniform thought to have belonged to a Polish baker who died in Auschwitz, which was for sale for $18 000.
If a Young Child Wanders, Technology Can Follow
New technology, in the form of voice watches and miniature sensing devices, is aimed at keeping track of children who are too young to carry a smartphone.
Swisscom Builds ‘Swiss Cloud’ as Spying Storm Rages
For now, the company is focusing on its Swiss-based clients but says it would have the capacity to support demand from foreign companies seeking a privacy haven.
How Legitimate Are the Government Allegations Against JPMorgan?
FBN’s Charlie Gasparino and Graham Fisher & Co. analyst Josh Rosner debate the government’s allegations against JPMorgan.
Best wishes,
The Money and Markets’ Team
