Saturday, August 22, 2009

Changing the Credit System in Sonoma County with the GoLocal Cooperative

by Philip Beard, Ph.D.
May 30, 2009

Money. It's what everybody needs to run their lives. And right now, everybody's asking: How come we don't have enough money to do what we need to do? Everybody's in the red. States, cities, homeowners, businesses, non-profits. Our jobs are disappearing, our mortgages unpayable, our social services evaporating along with our 401k's. And the banks won't lend us the money we need, even when our government gives it to them to lend! WHAT'S GOING ON HERE? Why is our financial system betraying us? And even more important: What can we do about it?

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