Tesla’s All-electric Luxury-sports Sedan to Enter Production
Jan 22

An amazing fact is that this new groundbreaking all-electric Model S sedan by Tesla Motors not only starts at almost $50,000 (and that is after taking advantage of a large tax break) and can double in price when fully loaded, but it also has over 8,000 advance orders with a deposit of $5,000 each even though this fascinating car has not even been test-driven!

It will be this summer before the Model S goes into production. An exciting feature is the promise of being able to go 160 miles on a full charge of electricity, and, if a buyer wants to upgrade to an expensive special battery, the car will be able to go as much as 300 miles. Do you think this will really be possible? If so, it may be a major factor in the decision of so many buyers to show their faith with orders that represent a major investment.

Recharging a car on household current takes many hours, and high-speed recharging stations may not be available in a nearby area as there are so few of them, so what will those buyers really do when they finally have these cars in their possession?

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Mervyn King rails against ‘small elite’ of bonus-addicts
Jan 22

As I arrive in Davos, a gathering of the global 0.0001 per cent, I receive a copy of a well-timed speech from Sir Mervyn King.
It is the Bank of England governors piercing assault on bankers that sticks in the mind from todays important speech in Brighton. He doesnt quite join Occupy the City, but he does suggest that British capitalisms very legitimacy is up for grabs if bankers go too far on pay.

Sir Mervyn tells an audience in Brighton: The legitimacy of the market economy will inevitably be questioned if rewards go disproportionately to a small elite, especially one which benefited from the support of taxpayers. He said those now taking decisions on bonuses needed to understand that public confidence rests on the acceptance that rewards are fair.

This is stronger that we have heard from Sir Mervyn before.

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5 Tax Planning Tips to Use Now
Jan 18

Only a fraction of people prepare as much as they should for tax season. I was burned last year by not saving enough money to pay in April. Jackson Hewitt has decided to give us a few tips so that we are all better prepared.

  • Save more for retirement – By increasing retirement plan contributions, you can reduce your income for tax purposes. Taxpayers can contribute up to $16,500 to a 401(k), 403(b) or Federal Government Thrift Savings Plan; those over age 50 can contribute an additional $5,500.
  • Prepay January payments in December – Taking care of your January mortgage payment, 4th quarter state tax estimate, or winter semester tuition now lets you claim these payments on your 2011 tax return.
  • Get to the doctor – If you are holding off on a major medical procedure until after the holidays, stop procrastinating and make an appointment now to increase your 2011 medical expense deductions.
  • Give to charity – Giving cash and non-cash donations to charity can give back on your taxes. And vol

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American Census by The Numbers
Jan 16

The response to the 2010 Census was better than expected, with 74% of American households filling out and returning their census forms in the mail.

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Best & worst of the new 2012 tech products and gadgets
Jan 12

Best & worst of the 2012 tech products and gadgets

CNN does a review of the 2012 Consumer Electronics Show with some very exciting and otehrs very odd tech products.


Clint Zweifel’s Initiative Procures $410 Million Loans to Missouri Businesses and Farmers
Jan 12

Clint Zweifel, the Missouri State Treasurer has granted a record $410 million in low interest disaster loans in 2011 through the Missouri Linked Deposit Program. The recipients of the dollars are 14,000 small businesses and farmers. The year 2011 saw 40 percent increase in loans as compared to 2010.

These loans impacted 7,600 jobs and farmers. The previous record was $356 million in loans in 1992. Missourians are also being provided the capital that is much required to grow their farms. The result of it is that unemployment in Missouri is continuing to decrease and entrepreneurs are adding more new jobs. Farmers are also building up the confidence that the family farm is there for generations to come.

Community Lenders in Missouri are working to provide Missourians investment dollars that is much required for the economy to expand.

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