Banks Sock Poor Working Folks

Barry, My Liege :

As evidence that our economy is stacked in favor of the rich and against poor working folks, read this piece By JESSICA SILVER-GREENBERG and STEPHANIE CLIFFORD here : http://www.nytimes.com/2013/07/01/business/as-pay-cards-replace-paychecks-bank-fees-hurt-workers.html?_r=0

Imagine that, banks make you pay the bank a fee just to acess your hard earned wages if you work for the wrong company. A company like Wal-Mart.

It is not right and it is not fair.

Jamie Dimon is laughing up his sleeve.

Your faithful servant,

Carbon Tax and Our Grandchildren

Barry, My Liege :

Your recent speech and executive actions to reduce our carbon waste are all good. Thank you for demonstrating that leadership sometimes means taking criticism for doing the right thing.

But, My Liege, we both know that your executive actions will help but will also be inadequate to solve our future problems.

There does exist a simple mechanism which uses market forces to reduce carbon emissions and guarantee a better life for our grandchildren.

It is a carbon tax - A carbon tax is a direct tax on the carbon content of fossil fuels (coal, oil and natural gas).

Here is a link to an organization which studies the tax: http://www.carbontax.org/

Proposing such a tax will bring out all the forces for greed; they will make dire preditions about all the harmful effects of such a tax.

But, My Liege, none of their predictions will come to pass. Australia has had such a tax for a year and the Australian economy is doing just fine. Read about it here : http://news.ninemsn.com.au/national/2013/07/01/00/10/australia-marks-first-year-of-carbon-tax

Perhaps it is time to use shame and guilt to counter the forces of greed. You have the 'bully pulpit'. Please use it to shame the perpetrators in front of their grandchildren.

And, My Liege, do not be shy about calling them out by name for they are destroying our future for cash today.

Your faithful servant,