Happy New Year!

May everyone have a very Happy New Year!

Merry Christmas, Everyone!

Have a very Merry Christmas & a Happy New Year!

Bernanke on FAQ's

Chairman Ben Bernanke answers FAQ's in a speech at the Economic Club of Washington, D.C.: http://www.federalreserve.gov/newsevents/speech/bernanke20091207a.htm

IBJ: Indiana Troopers Association Files BK

The Indianapolis Business Journal is reporting that The Indiana Troopers Association has filed for bankruptcy protection. More here at the IBJ: http://www.ibj.com/indiana-troopers-fraternal-group-files-bankruptcy/PARAMS/article/14941

Who Is Filing Bankruptcy?

A statistical chart of who is filing bankruptcy can be found here:
http://www.fancystats.com/who-is-filing-bankruptcy/

2010: IRS Lowers Standard Mileage Rates 10%

Beginning January 1st, 2010, the Internal Revenue Service will reduce the standard mileage rate for the use of a vehicle for business purposes to fifty (50) cents per mile, a ten percent (10%) reduction to the current allowance.

Modern-Day 'Cavemen' Inherit Billions

Here's a quirky rags-to-super riches story: http://www.ananova.com/news/story/sm_3584037.html

Un-Banked in America

The recently released 'FDIC National Survey of Unbanked and Underbanked Households' stated that "Nearly 20 percent of lower-income U.S. households -- the almost 7 million households earning below $30,000 per year -- do not have a bank account."

For other stats from this survey, see the Executive Summary here: http://www.fdic.gov/householdsurvey/executive_summary.pdf