Word: ebay
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...great advantage. Last Wednesday, in an important speech mostly blasted out of the news cycle by another suicide bombing in Iraq, Cheney took issue with the claim of Sen. John F. Kerry, D-Mass., that soldiers who want body armor and other needed equipment have to purchase it on eBay, because the military does not provide it. But Cheney didn’t refute the claim at all. Instead, he pointed out that Kerry voted against an appropriation of $87 billion requested by the president for the Iraq effort, giving the impression that the lack of equipment was Kerry?...
...unused ducats on the dresser is like dropping $100 bills in a taxicab. If you can't get to the game, the only real choices are to give them to friends, haggle with rapacious brokers, join the scalpers out in front of the arena or put the seats on eBay, where you could still get hung out to dry. It's the same raw deal for those hoping to buy seats to sold-out events--find a seller by happenstance or overpay the brokers and scalpers. And the teams never get a share of the increased value...
...great deal of time and energy wasted," says Princeton University economist Alan Krueger, who has studied ticket prices. But an upstart business, StubHub.com which was launched near the end of the Internet boom, may yet succeed in changing this landscape. The site is a NASDAQ for tickets, and unlike eBay, StubHub guarantees the transaction and thus a seat. Its home page directs you to concerts, sports or theater events, and after its program crunches the credit-card numbers and finalizes a trade, the ticket seller receives an air bill with the buyer's address. StubHub tracks the package, and once...
Sources: New York Times; Ames Tribune; eBay; Reuters; USA Today
...Amount netted in an eBay auction of Iowa caucus memorabilia...