Faith & Social Justice: In the spirit of Richard Overton and the 17th C. Levellers

At Least One Banker Gets It Right

My economic populism and deep concern over the income gap and lack of economic justice in this nation (and around the world) is NOT a hatred of wealthy people per se.  In fact, in a recent post which few people seem to have read, I highlighted the good work of the affluent Americans who form the group Responsible Wealth which lobbies for increases in their own taxes to fund economic justice for their employees and ordinary citizens.  Bravo! I even emailed the White House and suggested several of these folk would make good candidates for Commerce Secretary (or could replace the horrid Larry Summers as Senior White House economic advisor–when Summers helped create the deregulation of the ’90s!).

Here’s another rich person who gets it–and this one is even a banker! Leonard Abess, Jr., a Miami Banker, has used $60 million of his own money (not our tax money) to give bonuses–not to high paid executives, but to his tellers, bank guards, and other ordinary employees–even tracking down some former employees and including them!  Way to go, Leonard! Caring for your employees in a time of economic crisis rather than just yourself. Wow!

Living proof that wealth does not HAVE to mean motivated soley by greed. Blessings on you, Mr. Abess.


February 16, 2009 - Posted by | economic justice

1 Comment

  1. Thanks for sharing this.

    Comment by rgillingham | February 16, 2009

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