Tuesday, February 28, 2012

FOR IMMEDIATE RELEASE
February 27, 2012
CONTACT: Stephen Marshall
PHONE: 802-861-2316
EMAIL obvt.ewg@gmail.com
SPONSORING ORGANIZATION Economics Working Group, OBVT


WORKSHOP OFFERED ON HUMAN SCALE ECONOMY

On March 3, 2012 at 12:00 noon, in the Community Room of Burlington's Fletcher Free Library, join three area experts on local economies to learn how two legislative initiatives under consideration this year in the Vermont State House could dramatically improve local economies in Vermont, relieve tax pressure, and help reduce budget pressures.

Facilitated by Jim Hogue, John Ford, and Gwendolyn Hallsmith, participants will learn about and discuss the history of our money system and the alternatives to our own system, how the current system undermines human rights with respect to money and finance, the proposed creation of a Vermont State Bank, the Genuine Progress Indicator (GPI) being discussed in the Vermont Legislature, complementary monetary systems, and other concrete strategies communities can use to tap local talent and energy, and help jump start their local economies.

Jim Hogue is a local writer, author, actor and radio show host. John Ford is the founder of Vermont Currency Commons and author. And Gwendolyn Hallsmith is the founder of Global Community Initiatives, and the author of a new book entitled Creating Wealth: Growing Local Economies with Local Currencies.

Participants will engage in role playing, view a short DVD, engage in discussion and breakout groups.

Light snacks will be served.

Topics include:
Life before the banks, 1000-1700 AD, mutual credit, Public Credit Money beginning with the Tally sticks in the 11th century on the English Commons, Magna Carta, the Forest Charter, Lex Rex, and contemporary examples in Argentina in the 1990's and California in 2009. Debt based currency systems (USD), the systematic destruction of the common-wealth; the connection between political rights of self-determination, full employment and a liveable wage, and control of the money supply; the examples of the Swiss and Venezuelan constitutions; state-chartered banks and credit unions; the Federal Reserve; public banking with the US dollar; Bank of N. Dakota; what happened in the 1920's when the farmers decided to take control of the money supply; the Fiscal Emergency Preparedness bill based on California Assembly bill; the currency commons, open source exchange.

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