Money

[Boetie]

gr8ridejester,

Allow me to rephrase my post. Bush Jr was strumming a guitar. As for Brown he was emailing fashion topics, he's a fashion god you know. Now do you think they would react that way if say a disater were to occur in some community of the rich?

By the way their handlers do suggest they roll up their sleeves it makes it look as if they are doing something.

[gr8ridejester]

Quote by: Boetie gr8ridejester, Allow me to rephrase my post. Bush Jr was strumming a guitar. As for Brown he was emailing fashion topics, he's a fashion god you know. Now do you think they would react that way if say a disater were to occur in some community of the rich? By the way their handlers do suggest they roll up their sleeves it makes it look as if they are doing something.

Depends on which rich community had a crisis. No, really, the Katrina thing was much more involved than just the Bush administration or just Brown and FEMA. I will say this, however, it was a conglomerative governmental ineptitude that caused delays in Federal aide to the Gulf South. Yet, it was more from the local side.

Back to the topic...

With more businesses accepting credit/debit cards, checks and the internet expanding to become one of the largest (if not the largest) sources of commerce, I foresee the need for a tangeble currency (as in paper and coins) will be a thing of the past.

[PatrickHenry]

What do you folks think of THIS?

Here's another one: http://www.gmlets.u-net.com/

They are all over the world: http://www.permacultureinternational...s/currency.htm

[CoffeeSaint]

Interesting idea -- local money, which can only be spent locally. As someone living in a small town, I love it. I note, however, that it still requires the existence of money, as in dollars and cents, for exchange with other places. If Ithaca Hours became accepted worldwide, wouldn't they still be money? I do like the concept of having both, though.

[bishop]

it's no different than the different currencies that existed under the articles of confederation - except that there's even less of a legal/financial structure to support the currency. that system didn't work for many reasons like state/state competition, no set controls over money velocity, etc..

these local currencies are not backed by anything - particularly the "full faith and credit" of the ruling institutions.