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Jack Holland's  Instablog

Jack Holland
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Education: BA in International Relations, Masters of Public Accountancy Experience: Industrial Manufacturing, Oil & Gas Accounting, Educator, Writer Investment Experience: 35 Years
My book:
Wisdom Based Economics
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  • Barry Diller's Tinder IPO - Welcome To The Herpes Generation

    Barry Diller

    What Barry Diller and other online dating site owners never talk about is Venereal Disease or the 45 million Americans who have Genital Herpes.

    Why does it matter. It matters because according to the Center for Disease Control, Herpes and other Sexually Transmitted Diseases or STDs are on the rise across America and those who have herpes are more susceptible to contracting AIDS or HIV.

    Fact: There is no cure for Herpes or AIDS

    Yes Barry, Free Love and the Internet go hand in hand.

    The problem with online dating services such as Barry Diller's Tinder is that they do not include questionnaires, nor do they publish to would be daters, their clients' sexual disease profile.

    In fact, one could make the case that online dating services may be driving the rise in the number of cases of STDs.

    According to MedicineNet:

    Since the late 1970s, the number of Americans with genital herpes infection has increased 30%. The largest increase is currently occurring in young white teens. HSV-2 infection is now five times more common in 12- to 19-year-old whites, and it is twice as common in young adults ages 20 to 29 than it was 20 years ago.

    May 11 2:31 PM | Link | Comment!
  • CNBC Snakeoil Salesmen Attempt To Smear The Reputation Of Wells Fargo

    Snake Oil

    Snake Oil

    The December 23rd, 2013 CNBC interview with the LA Times reporter who wrote a story regarding certain employees of Wells Fargo opening accounts for customers without their knowledge is speculative. It is based on hearsay and should be considered Sensational and Reckless Yellow Journalism!

    When asked by CNBC reporter Bill Griffeth as to what evidence they have regarding senor levels of management setting such policy, LA Times Yellow Journalist E. Scott Reckard stated "I think..." and then offered his opinion, not provable fact.

    The only fact is that Wells Fargo fired employees for bad behavior, no more, no less.

    Until the LA Times' source is sworn in and deposed by a legitimate court of Law, the following so-called "anonymous employee" claim which appears in the story cannot be considered factual:

    "The employee, who spoke to The Times on condition of anonymity pending a meeting with an attorney, said the pressure to meet sales goals was intense at Wells Fargo. At times, managers required workers to stay late calling their friends and family members if they failed to open enough accounts during the day, the worker said."

    This is just another example of a smear campaign conducted by the highly disreputable Snake Oil salesmen working for CNBC. I am surprised at Bill Griffeth. He of all people on CNBC should know better.

    The comments by Jacob Zamansky claiming Wells Fargo upper level management condones such practice are pure conjecture. Listen carefully to his answer in the video below.

    I personally believe this story is most likely being pursued as a witch hunt against the highly profitable Wells Fargo Bank on behalf of other New York Wall Street Banks such as JP Morgan and others that covet Wells Fargo's business. JP Morgan after all is looking for something to take investors eyes off of all their recent sins.

    Keep in mind that after the Housing Bubble Implosion of 2008, CNBC went on a near daily Bank of America Bashing Campaign in what I believe was an attempt by the New York banking establishment to force Bank of America to go under. CNBC simply cannot be trusted to do honest non-biased reporting.

    Listen carefully to Kelly Evans plant the notion in viewers minds that Wells Fargo will face litigation and fines based on this story.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: WFC, JPM, BAC
    Dec 23 4:28 PM | Link | Comment!
  • Dear Yahoo Advertiser: I Never Click On Your Top Line Email Ad

    Yahoo HQ - Photo by Wikipedia User Cool Caesar

    Yahoo HQ - Photo by Wikipedia User Cool Caesar

    If you are a Yahoo advertiser and are counting on consumers clicking on the first email in their email account inboxes, think again.

    For we Yahoo users are fed up with the ridiculous number of ads Yahoo is attempting to shove down our throats.

    I ran a survey on this topic among forty or so friends. They all agree. They never click on the top email which is a paid advertisement.

    Get a clue Yahoo.

    Get a clue advertiser...you are wasting your money!

    Tags: YHOO
    Dec 17 6:33 PM | Link | Comment!
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