| Volume 73 Number 9 |
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The People’s Lawyer’s Tip of the Day
If you have reason to believe your personal information has been compromised and you may become a victim of identity theft, put in a fraud alert with the credit bureau. Federal law requires that the credit bureau keep this alert on your file for 90 days. To learn more about preventing identity theft, Click here for more.
Evaluating Value: Warehouse Clubs
A Sam's Club membership costs $40 a year. A Costco membership runs $55 a year. For many consumers, a $55 membership fee is a small price to pay for the chance to save a lot of money on shopping expenses. Many consumers immediately think, "how can I earn back what I just paid in membership fees through store savings?" According to a professor out of Cornell, this is a "spending... justification mentality" that simply leads consumers to spend money on things that they wouldn't otherwise purchase. In other instances, the savings simply may not be there. Whether a consumer is buying drinks, meat, medication, or clothing, he might be able to find the same or better price in a traditional retail store. For these reasons, experts believe club stores can be much more expensive than the fee one pays to get in the door. Find out why! Click here for more.
The Impact of Antibiotics in Your Meat
Last week, the United States Food and Drug Administration announced plans to eliminate the use of antibiotics in farm animals for non-medical purposes. The three year phase out plan was developed in order to ease the possibility breeding antibiotic resistant bacteria. Farmers have long given antibiotics to animals to keep them healthy, and keep meat at the grocery store cheap. Is cheaper meat worth the cost of creating life-threatening infections with no cure? Check out the government's plan to fight the problem. Click here for more.
Your Money
How much do you need to retire? Click here for more.
For the Lawyers
Young child can recover for emotional distress. The Idaho Supreme Court held that an 18-month-old girl did not have to suffer physical injuries in an automobile accident in order to recover damages for emotional distress. Click here for more.