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When the response rate is slower than a letter, you wonder what social is for.
FORBES: Welcome to The World of Protest in The Age Of Social Media
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Michael Brozzetti of Philadelphia got a letter saying that the spread over the prime rate would jump to 4% from 1.5%, yielding a 7.25% rate come May, according to the notice he got from the bank on March 7.
WSJ: Wells Fargo to Increase Interest Rates on Some Small-Business Credit Lines
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Although this was still well above the 2% target, the Bank of England governor, Mervyn King, said in a letter to the chancellor that inflation was set to fall "materially" below the target rate in the second half of 2009.
BBC: Bank considered bigger rate cut
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If the reform passes, it could head off next year's planned 5.4% postal rate increase the one that will push the cost of mailing a single letter to 39 cents from 37 cents.
FORBES
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My eldest brother, a trumpeter in a first-rate theater group after his graduation from music college, was holding his brother's admission letter.
NPR: Literature and Lullabies from the 'Axis of Evil'
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On March 22, Mr. Brozzetti sent a letter to the bank requesting an exemption from the increase "due to the substantial burden" he expects the higher rate would have on his business.
WSJ: Wells Fargo to Increase Interest Rates on Some Small-Business Credit Lines