Louis Scatigna, Author of The Financial Physician

Welcome to the “surveillance state”. Don’t put anything in an email, social media or blog that you would not want the government or the public to know about. This is an outrageous affront to privacy and civil liberties. America as we have known it is no more. (oops should I have written this?)-Lou

Sen. Patrick Leahy previously said his bill boosts Americans’ e-mail privacy protections by “requiring that the government obtain a search warrant.” That’s no longer the case.

Senate bill rewrite lets feds read your e-mail without warrants

I never been able to figure out the frequent flyer thing. Every time I try to upgrade or get free flights they are never available when I need them. Maybe this article will help.-Lou

From FoxNews.com

Top 10 Ways to Preserve Your Frequent Flyer Miles

A couple of years ago I got a nasty surprise: my hard-earned JetBlue miles had “expired” due to “inactivity” in my account. It happens to thousands of people every year, usually with no warning.

I bought a new television for my office yesterday and was stunned to find a 55 inch LED High Definition set for only $799. It’s a buyer’s market for TVs these days.-Lou

TV Prices Fall, Squeezing Most Makers and Sellers

New York Times

It’s a great time to buy a television, and Ram Lall, a television salesman, isn’t happy about it. In a basement showroom of J&R, the huge electronics store in Lower Manhattan, Mr. Lall says the days of making big money from televisions are in the past. Pointing to a top-of-the line, 55-inch Sony television, Mr. Lall said it would have sold for $6,000 a few years ago. The current price? $2,599.

Financial Physician’s Daily RX

The Corporate Disaster That Is Netfix

This year, I have brought you several articles related to Netflix and what I referred to on at least one occasion as Netflix – The Anatomy of a Self Imploding Company, and another relating to Netflix titled, Netflix – The Outlook is not Good.

Well, the saga continues, as it became apparent last week that Netflix CEO Reed Hastings, the person responsible for a series of blunders that resulted in a 71%stock price reduction since the summer, will pay for his missteps in the form of a $1.5 million reduction in his stock-option awards.

Financial Physician’s Daily RX

Netflix – The Outlook Is Not Good

Over recent months, I have brought you several articles on Netflix. Specifically, how they went from a mega profitable pioneer in their industry to a greedy and poorly managed company on the brink of disaster.

This week, an analyst for Wedbush, a leading financial services and investment firm, told investors that Netflix is “is broken” and their pricing debacle and subsequent PR blunders were partially to blame.

Netflix – The Anatomy of a Self Imploding Company

For the first time in the company’s history, the Netflix subscriber base has decreased rather than increase. This is what happens when you take a growing and pioneering company, and force it to implode as a result of bad management.

Netflix, once known for their easy and affordable DVD and streaming video rental plan, blew it big time in July when they announced major rate hikes. Their affordable $9.99 monthly unlimited DVD and streaming service was split into to two plans, each priced at $7.99. Their combo plan was priced at $15.98. Additionally, they announced a two DVD rental plan for $11.99 and a one DVD rental plan for $7.99.

Financial Physician’s Daily RX

The Industries That Americans Hate The Most

In a world where the economy is beating people over the heads and impacting their spending habits, some industries continue to thrive in the customer service department, while others are simply failing according to research by 24/7 Wall St and a story by Douglas Mcyntyre featured on DailyFinance.com.

Apple remains highly regarded for the way it conducts its customer service, Southwest Airlines continues to get great consumer approval ratings and Netflix, who may be rocking the boat with their new pricing, gets one of the highest ratings for customer service from the American Customer Satisfaction Index.