Just like banks, we create our new money, the Trado

[Christine]

While banks can only create money when LENDING (to consumers, business and the government), we can create money to GIVE IT AWAY.

If you don't know how dollars and almost all major currencies are created, please watch the FREE online documentaries The Money Masters and/or Money as Debt and I highly recommend reading Ellen Brown's book Web of Debt.

Every member gets a few Trados every month (auto deposit to the account) and interest free loans and grants are made to start up businesses or community organizations (as per member votes).

Of course it is most important to have many businesses accept Trados.

Especially during tough economic times, businesses will gladly give discounts and accept alternative currencies. I'll be posting links to several existing LOCAL currencies.

Unlike the LOCAL currencies, I want the Trado to be accepted everywhere. I don't want to help just one community at the expense of another community, I want to change the world. Quite ambitious, I know, but restricting my efforts to just ONE small geographic area would be a tremendous waste of time AND I really don't like this "community elitism." It's NOT about taking business away from another town, it's about enabling all people to do business and to take the PROFITS away from the large corporations.

I don't agree with the Zeitgeist proposed solution because it is simply not true that we have unlimited resources so that EVERYBODY can have EVERYTHING they want.

However, if we cut out the banks and large corporations, their profits can be moved to the people and small businesses or worker owned large businesses.

Not everybody can have everything, but many people can have a lot more.

For the foreseeable future, our tax money will still be used to subsidize the large corporations and senseless wars. Once the Trado is widely accepted and used by many millions, local governments will start operating as true democracies, people will have a lot more interest in politics, many independents will be elected to SERVE the PEOPLE in Washington and eventually a 3rd party candidate CAN be elected as president.

The militia or a revolution are not the way to change our political system. Just look around, the revolutionaries almost always become as corrupt as the dictators they ousted. Americans have first-hand experience with that.

We have the technology to operate as true democracies in all industrialized countries. Yet all these countries are controlled by the banks and multinational corporations and the elected politicians are their bought and paid for puppets.

As the economy worsens, we will see cities, states and maybe even the federal government filing for bankruptcy. Already several states including California are looking for bailout money. It is entirely possible that a state will gladly accept a Trado loan so it can continue to pay its employees.

You may be able to negotiate that your rent can at least partially be paid in Trados. And in areas with lots of land for sale, sellers might accapt Trados for at least part of the sales price.

Housing is the largest expense for most people and quite likely, the big banks will be LAST to accept Trados. However, eventually, the Common Good Bank will get started or we'll be able to originate Trado mortgages.

The yet unnamed organization to coordinate many activities including issuing Trados from a subsidiary will be funded in large part through merchant fees payable in Dollars and eventually there will be funds to refinance dollar mortgages with Trado mortgages.

I truly wish I had started this project a few years ago. It would be so cool to be able to negotiate with the banks on behalf of home owners in foreclosure. Get them to reduce the principal balance to below fair market value (they'd NET no more than FMV - 20% if they foreclose due to commissions and costs of sale) and then originate a new Trado loan a 0% interest.

It is also possible to have members pool their dollar funds to pay off delinquent bank loans. In that case, the owner would have to pay interest according to the member investors' decision. See http://www.prosper.com/ for a similar concept.

There is so much that COULD be done, just have to start doing ...