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Craigslist.org - Warning about online selling scams

Today's show featured Best Of Clark segments from recent broadcasts. Listeners on WSB-AM heard Ilyce Glink filling in for Clark.

Clark is one guy who's into full disclosure. He's fascinated by how the restaurant industry goes berserk over calorie count disclosures, particularly among the chain restaurants throughout New York.

At the same time, he's opposed to government playing the role of food police, such as Los Angeles did when they banned fast food.

That's not a legitimate function of government, according to the consumer champ.

In the latest development, an appellate court has upheld New York's right to require chains to post calorie counts on their menus. Clark was recently in a McDonald's near Grand Central Terminal. He actually changed his menu selection for a healthier item with less calories -- and willingly paid more! That was his personal choice.

Sometimes foods that seem healthy are not healthy at all. Clark recalls a woman going to the media at the height of the fat-free diet craze. She had decided to go on a Fig Newton diet -- a fat-free food that also happens to have a lot of calories -- and was upset because she actually gained 35 pounds!

Want free home phone service for life? Clark has a $200 device to tell you about that promises just that -- with no monthly fees ever!

Two years ago, the penny-pincher went on the air talking about a new VoIP product called Ooma. At that time, his staffers were speculating about how long it would take for Ooma to end up in Clark's graveyard.

Fast-forward two years and Ooma is still around -- with a new cheaper price! When Ooma first launched, it was priced around $400. Now that has dropped to a range of $200-$249 depending on where you get it. That's a price point at which Clark is willing to take the leap of faith.

The Ooma device looks like a house intercom. You plug a cable for your Internet into it; you plug your traditional landline phone into it; and suddenly you have phone service! Ooma also has a built-in processor that supposedly makes the sound quality comparable to monopoly phone service.

We'll keep you updated about Clark's adventures with Ooma.

The New England Journal of Medicine recently reported that caloric intake is the only thing that matters with dieting. Your body burns a certain amount of calories on a daily basis. If you consume more than you burn, you'll gain weight. If you consume less, you'll lose weight. It is that simple.

People are always looking for an "insta-solution" -- for weight loss, or to make them rich or to make them into an entrepreneur. And that's not the way it works with your wallet or with your waistline. You have to follow the fundamentals.

Clark lost 30 pounds over the last year by modifying what he eats. That means no fries, no snacks between meals and no dessert. Those changes dropped his calorie count below his burn rate, and he's dropped about 3 pounds each month.

Slow and steady as you go is the way to approach your finances as well. The consumer champ wants you to be the tortoise and build wealth incrementally over time. That means contributing a small amount of your income each pay period to a retirement-savings plan.

If you've seen any of The Bourne Identity films, you may recall actor Matt Damon going into a Swiss bank and being brought to a room to access a secret account. This may seem like a Hollywood dramatization, but there actually are secret accounts in Switzerland set up by people around the world for the purposes of hiding money.

A major Swiss bank called UBS had a special program where they hid money for wealthy Americans who were engaging in tax evasion. The U.S. government is now trying to compel the Swiss government and UBS to disclose the names of those Americans. Those who would be exposed have resorted to filing anonymous John Doe lawsuits to keep their identities secret so they can continue to evade the law.

Clark is no fan of our tax code, but he believes that if you create your wealth in the United States, you must follow the code whether you like it or not. He's also not mincing words when he says prison is suitable for these tax evaders.

Meanwhile, the whole question of tax evasion -- a criminal act where you purposely avoid taxes -- is important to distinguish from tax avoidance.

There is a point at which you can raise taxes so much that you mysteriously create no more revenue. Why is that? Tax avoidance. Clark believes that's what will happen with Pres. Obama's plan to raise tax rates on those who make $250,000 or more annually.

Here's a real world example: There's a side street near the studio where Clark broadcasts. It used to have every parking space filled because it was free to park. But now every space is empty. Some brainiac thought that parking meters would drive up revenue for the local government. Instead, nobody parks there anymore; they simply park further away where it's still free and walk to work.

This is the mistake we make in government when we raise taxes to bring in more money. The money doesn't show up because people change their behavior and use every possible legal means to get into a tax shelter.

Instead, we should have our tax rate at a level where people will be able to participate. What kind of rate do you think should be levied on those who make over $250,000? Be sure to vote in Clark's poll to let him know.