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Tuesday, April 14, 2009

Proliferating User Fees

Ticketing Wall Street?

Financially strapped local governments, in an effort to make ends meet, avoid layoffs, etc. apparently are now adding service fees for such mundane things as police responding to car accidents. The bill, which arrives in the mail, can be as much as $400 per incident.

I think that's a great idea. But why waste time with such small potatoes?

Using the same logic, the big financial players on Wall Street should be fined, er, assessed, hundreds of billions.

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