Postage Paid Protest of the Day: YouTuber ransackedroom — a San Francisco-based “poet, editor, and marketer” — has come up with a rather ingenious way ordinary people can support the Occupy Wall Street movement without ever leaving their homes.
It involves taking the business reply mail envelope that comes with most unsolicited credit card offers, and sending it back to the banks with a message inside that ransacked hopes will help open “a dialogue.”
This isn’t really about running up the postage bill on the big banks, although that’s a nice side effect. The real effect of this is to force banks to react to us.
If they start getting hundreds and thousands of weird responses to their credit card applications, well they’re going to have to have meetings. They going to have to develop new procedures and every hour banks spend reacting to us is an hour banks don’t spend lobbying Congress on how to screw us. It’s an hour banks don’t spend foreclosing on our houses.
So I think that that’s progress.
YouTube Comment of Note: “This supports the United States Postal Service also, maybe keeping several thousand postal workers out of the unemployment line. Good idea.”
Bill Nighy’s banker puts the “Robin Hood Tax” proposal in perspective. Take note, occupiers.
New Congressional Budget Office data confirms what we’ve been saying for a while: There’s an income inequality gap, and it’s growing.
All the latest here.