An Open Letter

Mike Morin
512 W.10th Avenue, #2
Eugene, OR 97401
December 2, 2009


Mr. Kenneth Lewis
President
Bank of America
Corporate Center
100 North Tryon Street
Charlotte, NC 28255


Mr. Lewis and/or whoever (else) reads this letter:


It is my sincerest Cynical hope that you all will read this letter, take it seriously, and strongly consider cooperating with the plans that I have laid out and will try now to succinctly summarize.

I am asking thee to take a leadership role in the Banking “Industry” and consider the education, communications, and actions that you can take with respect to a peaceful transition regarding the evolution to a cooperative communitarian economy that is fundamentally dedicated to meeting peoples needs and wellness in an inclusive, humane, equitable, clean, and sustainably principled manner and modus operandi.

The basic call is to convert the “private sector” to a quasi-public one, working in unity and cooperation and helping to relieve the burdens and fiscally strapped potential inadequacies of the various Public Institutions and Programs.

We need to reorganize, reallocate to and within communities and among and within economic sectors, rebuild our communities in recognition of the post-peak fossil fuel reality and the century of sprawl with a paradigm of ecological economic redevelopment.

It is my firmly held assertion that the business community with its assumptions of discount rates with the concept of the time value of money is a self-fulfilling inflationary perspective and practice where money becomes worth less, eventually worthless. Also on a finite planet, we cannot entertain the fantasy of infinite growth.

We need to move on to a new era in human evolution, that of Homa Cooperativo, where equity sharing replaces equity trading and lending.

I hope you will understand the wisdom and intelligence incorporated into this communication, share it with your compatriots, and seek further communications, elaboration, discussion, and work with me and the interests of the greater world that I represent.

Time is of the essence.


In Peace, Friendship, Community, Cooperation, and Solidarity,

Mike Morin
peoplesequityunion@earthlink.net