America solves problems from the bottom up. We don’t solve them in Washington DC. We solve them in Peoria, Orlando, Denver, Twin Falls and even in Los Angeles. People solve their own problems in the United States working hand in hand with family, neighbors and the local boy scouts.
This weekend in Cannes they want to solve the debt problem. Too much debt is owed by too many European Countries that can’t pay those debts. The European Union solution is a new tax. This time they want to tax financial transactions. Think of it as the $5.00 ATM Card fee on a global scale. Bank of America dumped their plan for the fee when they realized they would lose customers. Let’s hope Obama doesn’t endorse and import this new tax to America.