Tarek El Diwany. Introducing the Money Reform Party. In February 2005 Anne Belsey proposed that there should be a Money Reform Party (MRP) in the UK.
The Party was officially created in August 2005. Prior to creating the MRP, Anne had been involved for many years with LETSystems, but she concluded after much deliberation and research that LETS did not answer all of her concerns about the environment, rising debt and world wide economic problems. The idea of Money Reform is not new, although it has been discussed more intensively in the past. The idea of creating a political party was new. AMI (American Monetary Institute) - Monetary Reform and Solutions to the Financial Crisis. Amacolorpamphlet.pdf (application/pdf Object) Alaska Permanent Fund. The Alaska Permanent Fund is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). The fund was established in Alaska in 1976 by Article 9, Section 15 of the Alaska State Constitution under Governor Jay Hammond.
From February 1976 until April 1980, the Department of Revenue Treasury Division managed the state's Permanent Fund assets, until, in 1980, the Alaska State Legislature created the APFC. Shortly after the oil from Alaska’s North Slope began flowing to market through the Trans-Alaska Pipeline System, the Permanent Fund was created by an amendment to the Alaska Constitution.
It was designed to be an investment where at least 25% of the oil money would be put into a dedicated fund for future generations, who would no longer have oil as a resource. This does not mean the fund is solely funded by oil revenue. Alaska Permanent Fund Corporation Board of Trustees Dandelion Salad. WIR Bank. WIR Bank logo The WIR Bank, formerly the Swiss Economic Circle (GER: Wirtschaftsring-Genossenschaft), or WIR, is an independent complementary currency system in Switzerland that serves businesses in hospitality, construction, manufacturing, retail and professional services.
WIR issues and manages a private currency, called the WIR Franc, which is used, in combination with Swiss Franc to generate dual-currency transactions. The WIR Franc is an electronic currency reflected in clients' trade accounts and there is no paper money. The use of this currency results in increased sales, cash flow and profits for a qualified participant.
WIR has perfected the system by creating a credit system which issues credit, in WIR Francs, to its members. WIR was founded in 1934 by businessmen Werner Zimmermann and Paul Enz as a result of currency shortages and global financial instability. Although WIR started with only 16 members, today it has grown to include 62,000. References External links New Economies/Banking/ Social Lending/SRI. Alternative Banking. Ethical banking. An ethical bank, also known as a social, alternative, civic, or sustainable bank, is a bank concerned with the social and environmental impacts of its investments and loans.
Ethical banks are part of a larger societal movement, called "Banktivism," which calls for a move towards more social and environmental responsibility in the financial sector. Alternative Banking. So, do you need a bank to bank?
Do you have to get a loan from a bank or credit union? Do you need to have branch access in order to have a good banking experience? Credit unions and traditional bank alternatives. Checking and savings accounts are not the exclusive domain of banks.
They are also offered by some non-bank businesses. Here are three of the most common: Credit unions Credit unions operate much like banks, and deposits in member credit unions are federally insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF). The key difference is this: Credit unions are nonprofit, member-owned cooperatives whose members share something in common, such as a labor union, college alumni association, employer, or community.
Since credit unions return profits to their members, interest rates for savings and checking accounts at credit unions tend to be higher than at commercial banks, while fees and minimums tend to be lower. To learn whether you are eligible to join a credit union, or to locate a credit union near you, visit the Credit Union National Association or call 800-356-9655. Wanted: alternative banking system. The global scale of the current crisis represents a novel problem for civil society and NGOs which have challenged the dominant form of globalisation.
To prevent a return to business as usual, civil society efforts against financial liberalisation internationally must now find common cause with the grass-roots movement of local investment and financial alternatives on their doorstep and together capture the collective imagination about what went wrong and what needs to be done. In the UK, financial alternatives to failed banks include non-profit models of local lending and banking such as credit unions and community development finance institutions (CDFIs), modelled on Southern microfinance as lenders to individuals and small businesses in disadvantaged communities. They also include more familiar entities such as the Post Office and mutual building societies that have endured despite political hostility and regulatory neglect. In 2008 this increased at a rate of 65 per cent. Occupy Wall Street: Alternative Banking: The Commons concept note.
This note was shared with members of the OWS working group on Alternative Banking today: The Commons: A Good Bank 112411 draft.
The Occupy Wall Street bank. Meet the Financial Wizards Working With Occupy Wall Street. Cathy O'Neil, a participant in the Alternative Banking GroupJosh Harkinson High up in a Manhattan conference room on Sunday, a group of investment gurus discussed Occupy Wall Street.
Should they support a set of tough-sounding financial reforms just proposed on the campaign trail by presidential candidate Jon Huntsman? Or was it reasonable to demand even deeper reforms? "This isn't enough," argued Cathy O'Neil, a former hedge fund quant who organizes the group, a branch of Occupy Wall Street known as the Alternative Banking Group. She proposed that the gathering of financial experts come up with improvements to Huntsman's plan and present them to Occupy Wall Street's General Assembly.
As unlikely as it may have seemed when protesters first descended on New York's financial center this fall, an increasing number of Wall Street insiders are now returning the favor, you might say, by occupying Occupy Wall Street. Carne Ross.