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# Today's News Tips: July 12, 2012
- URL: https://ivn.us/todays-news-tips-july-12-2012/
- Published: 2012-07-12T18:55:52.000Z
- Updated: 2026-06-22T19:27:29.000Z
- Author: Matt Metzner
- Tags: News

Today's News Tips. Your Independent Breakdown of Today's News Tips.

**[POLITICO – Upset in the Making in TX Senate Race](http://www.politico.com/news/stories/0712/78441.html?ref=ivn.us)**

Tea Party favorite Ted Cruz is leading the current Lt. Gov. David Dewhurst in the latest poll conducted by the same pollster who signaled a Dick Lugar loss.

**[LA Times – US Energy Efficiency 9th out of 12 Most Developed Countries](http://www.latimes.com/business/money/la-fi-mo-aceee-energy-efficiency-20120712,0,4241534.story?ref=ivn.us)**

The US only outpaces Brazil, Canada, and Russia as we have made “limited or little progress toward greater efficiency.”

**[Sac Bee – CA Voters Worn Out on Congress and Party](http://www.sacbee.com/2012/07/12/4625379/field-poll-california-voters-dont.html?ref=ivn.us)**

CA voters gave Congress a 17% approval rating, nearly half saying that one party should control Congress and the White House, only 37% of Dems support the actions of their party in DC.

**[IVN – At Least 5 Million Eligible Voters Disenfranchised By Process](https://ivn.us/2012/07/12/voter-suppression-by-the-numbers/)**

The Brennan Center for Justice at NYU Law released a study showing the methods in which voters are kept from the polls and how many individuals they effect.

**[Salon – McDonalds Has Exclusive Rights to Sell French Fries at Olympics](http://www.salon.com/2012/07/12/mcdonalds%5Fat%5Flondon%5Folympics%5Fsalpart/?ref=ivn.us)**

The fast food chain is the only restaurant allowed to sell fries to Olympic spectators at the games after a deal with the IOC. Unless served with fish.

**[Bloomberg – Import Prices Drop 2.7%](http://www.bloomberg.com/news/2012-07-12/import-prices-in-u-s-fell-in-june-by-most-since-2008-1-.html?ref=ivn.us)**

The import-price index fell several points in its biggest one month plunge since Dec 2008\. The index follows the price of goods imported into the US.

**[Slate – Amazon Pushing for Same Day Delivery](http://www.slate.com/articles/business/small%5Fbusiness/2012/07/amazon%5Fsame%5Fday%5Fdelivery%5Fhow%5Fthe%5Fe%5Fcommerce%5Fgiant%5Fwill%5Fdestroy%5Flocal%5Fretail%5F.html?ref=ivn.us)**

The online sales giant is planning to unveil same day delivery as it starts charging sales tax on their transactions in the majority of American states.

**[Bloomberg – Wells Fargo Settles for $125M in Discrimination Lending Suit](http://www.bloomberg.com/news/2012-07-12/wells-fargo-settles-u-s-allegations-of-home-loan-bias.html?ref=ivn.us)**

The lender discriminated against minority members by giving them more expensive nonprime loans and discretionary fees between 2004 and 2009.

**[The Daily Beast – What Geithner Could Have Done About LIBOR](http://www.thedailybeast.com/articles/2012/07/12/what-timothy-geithner-could-have-done-about-interest-rate-rigging.html?ref=ivn.us)**

Speculation has swirled around what the Treasury Secretary knew as the head of the New York Fed. Several reports show knowledge of problems with the rate and no action.

**[POLITICO – Obama: Romney Either a Felon or Liar About Bain Position](v)**

Obama’s team stated that Romney either falsified SEC filings, a felony, or is misrepresenting his position at Bain to the American public.