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Stories for March 2008
Stories for Monday, March 31
The real impact of saving $5 a day
Saving just $5 a day everyday can have an enormous impact on your financial future, syndicated Los Angeles Times columnist Kathy Kristof writes in a recent article. When it comes to this topic, everybody loves picking on Starbucks! But people also blow a Lincoln a day on buying breakfast or ...
Websites/phone numbers mentioned:
TaxACT.com - Free federal tax filing regardless of income (state filing is extra) CDARS.com - Get FDIC insurance on deposits of up to $50 million
Many banks fail to disclose fees and rules
RIP-OFF ALERT: If you think that banks are lying to you, the feds now say that you're right! The U.S. Government Accountability Office -- the investigative arm of Congress -- sent out undercover agents to determine whether a sampling of 185 banks across the country lie about their fees and ...
Equity stripping affecting seniors
RIP-OFF ALERT: Whenever Clark delivers a speech to seniors, he's always approached by those interested in doing reverse mortgages. Reverse mortgages offer a way for retired folks who are running out of cash to be able to remain in their home and get a check each month by borrowing against ...
Anonymous campus gossip sites outrage Clark
The Internet provides a lot of great things, but there's also a lot of sewage out there in cyberspace. JuicyCampus.com is a new type of website where students can anonymously post all kinds of scurrilous things about each other at 50 colleges around the country. This site is being used ...
Stories for Friday, March 28
Auto insurers happy to cover teenagers -- with caveats
The Wall Street Journal's Personal Journal reports that a number of auto insurers are writing policies for brand-new teenage drivers for the first time in memory. Clark is stunned that Safeco, Nationwide, American Family and Fireman's Fund are among those doing this around the country -- with some conditions. In ...
Websites/phone numbers mentioned:
DriveCam.com - Offers an in-car camera to monitor teen driving
Cell phone industry not making any new fans
People love their cell phones, but hate their cell phone providers. The Better Business Bureau now reports that the cell phone business has received more complaints than any other industry for 3 consecutive years. There are now 22 states with bills in various stages of consideration or adoption all seeking ...
Cell phones, barcodes usher in new era of window-shopping
With cell phones becoming so commonplace, the cell carriers are wondering where to get their next million customers. Clark thinks they may tap the preschool market after they get done with the elementary school kids! In reality, they're focused on taking things that have become popular overseas and bringing them ...
Stories for Thursday, March 27
Comcast finally does the right thing
A few weeks ago, Clark slammed Comcast for violating net neutrality and lying about it. After that debacle, the monopoly actually paid people to stack an FCC hearing room and lied about it again! Well, that was a real turning point because it fanned the flames of public outrage. Now ...
Websites/phone numbers mentioned:
WikiTravel.com - Open source travel guide NAPFA.org - Fee-only financial planning advice for retirement
Deciding to dump or keep an old gas guzzler
In Clark's TV work, he recently reported on a website that offers an interactive tool that should help the owners of old gas guzzlers. The site addresses that all-important question: Does it make sense to keep it or dump it and get a brand-new fuel-efficient vehicle? Before you play around ...
PIPEs scheme highlights danger in a down economy
RIP-OFF ALERT: In times of economic uncertainty, you're more likely to be taken in investment scams. With CDs, treasuries and stocks all hurting, people are desperately searching for a safe and profitable place to stash their money. Even Schwab is being sued over its YieldPlus Fund...and that's a legitimate company ...
Metro growth driven by low taxes, affordable housing
There's new data from the census bureau on the fastest growing metro areas. Dallas is the top city and added 160K+ people in a year; Other cities include Atlanta (No. 2); Phoenix (No. 3); Houston (No. 4); Riverside, CA (No. 5); Charlotte, N.C. (No. 6); Chicago (No. 7); Austin (No. ...
Stories for Wednesday, March 26
States champion toy safety proposals
It's a very odd time in Washington, D.C., right now with the Democratic elected officials skewing too far left of most Democratic voters; and the Republican elected official leaning too far right for most GOP voters. Independent voters, meanwhile, are completely disenfranchised from both parties' elected leaders. There's a huge ...
Consumer confidence at lowest point since 1973
CLARKONOMICS: Americans of all education and income levels are feeling increasingly negative about the economy. The Conference Board finds consumer pessimism is the worst it's been since 1973. What is significant about that year? It marked the first energy crisis our country faced. Clark remembers being a freshman at a ...
Using DNA to find the perfect mate?
Clark is often taken to task for his horrible eating habits. As a young man, his family called him "the carryout kid" because his four food groups were fried, frozen, microwavable and takeout. Listeners always tell the penny-pinching guru that his eating habits will be the death of him. But ...
ING Direct's privacy policy bucks the trend
When was the last time you got a notice in the mail from your bank that began, "We value your privacy..."? These privacy policies are typically printed in mice type and written in legalese. They explain all the harm that the bank will visit on you -- by selling your ...
Websites/phone numbers mentioned:
ScientificMatch.com - Uses DNA to find your perfect mate OCC.gov - Office of the Comptroller of the Currency
Stories for Tuesday, March 25
Potential satellite radio merger not scaring Clark
Many people listen to music using Internet radio. Pandora is probably one of the easiest to use and it's customizable, which allows you to build your own radio station online. Right now there's a big fuss about the XM/Sirius satellite radio merger. But Clark says, "Who cares?" After all, you ...
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