The City of Linton has been referred to as the ‘Magic Coal City’ or even the 'Pittsburg of the West’ because of its vast coal reserves. Coal mining in the early-1900's made this area thrive. Then, the mines went away. Yet, this small city still remains. Today, coal mining is making a resurgence again after many years without. Reinvigorating small business and personal financial education will help with its come back as the smallest, ‘big town’ in southwestern Indiana.
Wednesday, December 30, 2009
Thursday, December 24, 2009
Thursday, December 10, 2009
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
Wednesday, December 9, 2009
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
Tuesday, December 8, 2009
Who Is Filing Bankruptcy?
A statistical chart of who is filing bankruptcy can be found here:
http://www.fancystats.com/who-is-filing-bankruptcy/
http://www.fancystats.com/who-is-filing-bankruptcy/
Monday, December 7, 2009
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.
Friday, December 4, 2009
Modern-Day 'Cavemen' Inherit Billions
Here's a quirky rags-to-super riches story: http://www.ananova.com/news/story/sm_3584037.html
Thursday, December 3, 2009
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
For other stats from this survey, see the Executive Summary here: http://www.fdic.gov/householdsurvey/executive_summary.pdf