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Random Thoughts or Whatever

Nearly all financial crimes are a matter of putting entries where they shouldn’t be and not putting them where they should be or, in the age of TurboTax, checking boxes that shouldn’t be checked and not checking boxes that should be.
 
A 25-year rail engineer for Norfolk Southern has filed a federal whistleblower suit. Lance Johnston was fired after he reported a defective brake that could have caused a derailment. A Norfolk supervisor told him to use the train anyway. Johnston said operations really began deteriorating 4 years ago when Norfolk adopted “efficiency measures” known in the industry as “precision-scheduled railroading.” Johnson said the cutbacks meant there were not enough people to repair and maintain trains.
 
About 17% of the people who bought new cars this year have an auto loan payment of $1000 or more – the highest share on record.

The average monthly payment for a new car loan, according to the Wall Street Journal, was $730.
 
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