Saturday, October 15, 2011

Bring Your Money Home

Imagine covered parking everywhere that you can just plug your car into - with solar panels up top.  In more and more places today, you can own your own solar panels in a community-owned solar array and receive a credit on your electric bill.


We are talking about the disintermediation of investment - why do we need a Wall Street middleman to put our money to work?

Look at your tattered main street and imagine bringing back the old movie theater as a venue for local performers.  Think about that foreclosure down the street.  Could that become a corner store that sells good local food?  Get together with your neighbors to buy it back from the bank.

Local investment is simple and prosaic, typically done with a handshake, with a distinct lack of adrenaline.  It doesn't involve run ups and flash crashes and is nothing at all like a casino.

We are not offering investment advice.  We are asking you to redirect your investment as an act of free speech to right the balance of our society in the name of Mother Earth.  It is not an act of civil disobedience, it is obedience to the ideal of a civil society.


Divestment was an important tool to help end apartheid in South Africa.  Let's apply it now to end the excesses of Wall Street.


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