Want To Make Use Of $47 Billion To Spare? Help Haiti

My essay is up at NPR on why Wall Street should tithe its bonuses to Haiti as an act of propitiation and a recognition that a lot of this money was generated by their use of low-interest public funds for triage.

The only thing I’d add is that the bonuses of the six biggest banks are now estimated to come in at $150 billion. Ten percent of that would be two years worth of Haiti’s gdp.

With great wealth comes great responsibility. An economically flourishing Haiti would not only help the Caribbean but also help the American Deep South economically.

Contrary to Gordon Gekko, greed is not good. Growth and development and self-realization are good.

And, the history of Western neocolonial exploitation of the place calls out for redemption.

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