Home » Tag Archives: LETTERS TO THE EDITOR

Tag Archives: LETTERS TO THE EDITOR

Keep swipe fee reforms; it’s best for business

Editor, Walton Gresham is right (“Retailer Sees Cap Delay As Another Bailout of Banks”) that the swipe fee reforms enacted in last year’s Wall Street Reform and Consumer Protection Act are critical to a small business like mine. I own a Bops Frozen Custard, which is a high-volume, low-ticket business. Merchant service fees on every card swiped are particularly expensive ...

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Kemper Plant hardly economic development

Editor, The U.S. Chamber of Commerce is falsely claiming that the Kemper coal project would benefit Mississippi’s economy. The truth is that ratepayers, who can ill afford higher electricity bills, are going to be stuck with up to a 48 percent increase to pay for an experiment. Mississippi Power says that the huge upfront costs to ratepayers’ pocketbooks ($2.7 billion) ...

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Thanks for sticking up for Mississippi business

Editor, Your concentration on the Mississippi catfish industry, which is under assault from across the nation, is a credit to your publication. It does appear there has been a choice made between Vietnam and the United States and our U.S. leaders, including those from Mississippi, have chosen Vietnam. That is sad. Please keep the pressure on. I hope someone is ...

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UAW infiltration harmful to state

Editor, Times are tough here in Mississippi, with an unemployment rate still above the national average. But since peaking above 12 percent in February of 2010, job creation is starting to pick up and unemployment has now dropped below 10 percent. One of the areas seeing increased job creation is our thriving auto manufacturing industry. Global auto manufacturers have unveiled ...

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Utilities shouldn’t be allowed to donate ratepayers’ money

Editor, The MBJ story on utility company donations caught my eye (Oct. 4, 2010 issue). I have long felt that utility companies should not be allowed to donate ratepayers’ money to charities since utilities are monopolies. It’s totally different if a private company chooses to donate funds to charity since, in fact, the owners are making the contribution themselves and ...

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Entergy, Miss. Power make a stronger state

Editor, I am writing in response to your article “It’s Legal in Some States” in your October 3rd issue regarding community support by energy companies, specifically Entergy and Mississippi Power. Energy companies are regulated and limited to how much profit they can make so it isn’t as if they can base their giving back to the community on their profits ...

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Consumers deserve protection

On Oct. 3, 2010, Mississippi Business Journal editorial (“Payday loans won’t go away”) described payday lending as a “scheme.” Well, we would agree. But we would also describe these loans as “predatory” and “debt traps.” And the Women’s Fund of Mississippi is not alone in our disdain for payday lending. In 2006, the Department of Defense issued a report to ...

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Payday perception not reality

The payday lending industry has a perception problem. As a payday lender myself, I realize that there are people in the community where I live and work who believe payday loans are a last resort financial option used only by the desperate. The people who think this have never taken out a payday loan. They have never visited my store ...

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