Clark has a trio of exciting developments to share. First off, Verizon is doing away with contracts under certain conditions. Let's face it, contracts are for cowards. Carriers had to default to them because of the industry's spotty record of customer service. It was their way of preventing you from fleeing.

So here's Verizon's deal: If you already have a phone, you won't have to get locked into a contract. You'll only need a contract if you want Verizon to provide you with a subsidized phone when you sign on as a customer.

Clark applauds Verizon's move and hopes it will prompt the other 3 carriers to eliminate contracts too -- unless you're getting a subsidized phone.

The second development involves T-Mobile's introduction of the G1 -- the first phone based on Google's Android platform. It is essentially a cellular computer that looks like a little mini-computer with both a keyboard and an iPhone-like touch screen.

Finally, the last exciting development involves your credit. Doing a credit freeze online through TransUnion is now completely FREE -- even if your state normally requires a fee! Clark has no idea why they're doing this, but he's happy that they are. (Editor's note: TransUnion began charging for their credit freezes, effective July 24, 2009.)