Jason Eaton's first proposal for a Solari in Middlebury, VT. Presented at the 2009 Financial Permaculture Course in Hohenwald, TN - Learn more at http://www.financialpermaculture.org
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Middlebury Solari: A Proposal
1. Working together to make healthy local living economies the best investment worldwide.
2. Working together to make healthy local living economies the best investment worldwide Only Two Things Stand Between You and Peace, Prosperity & Sustainability: Buying Local Investing Local
3. Working together to make healthy local living economies the best investment worldwide Action I suggest we optimize our transactions for our own benefit. I recommend we begin to vote with our money.
4. Working together to make healthy local living economies the best investment worldwide
5. Working together to make healthy local living economies the best investment worldwide
6. Working together to make healthy local living economies the best investment worldwide The Databank
7. Working together to make healthy local living economies the best investment worldwide Database
8. Working together to make healthy local living economies the best investment worldwide Website
9. Working together to make healthy local living economies the best investment worldwide Local Online Market
11. Working together to make healthy local living economies the best investment worldwide The Leaky Bucket Concept
12. Working together to make healthy local living economies the best investment worldwide We Import Almost Everything
13. Working together to make healthy local living economies the best investment worldwide We Import A Lot
14. Working together to make healthy local living economies the best investment worldwide New Money & Jobs
15. Working together to make healthy local living economies the best investment worldwide Moving Debt
16. Working together to make healthy local living economies the best investment worldwide Moving Mortgages
17. Working together to make healthy local living economies the best investment worldwide Moving Investments
18. Working together to make healthy local living economies the best investment worldwide Moving Insurance
19. Working together to make healthy local living economies the best investment worldwide Moving Tax Money
20. Working together to make healthy local living economies the best investment worldwide The Federal Government’s Negative Return on Investment
21. Working together to make healthy local living economies the best investment worldwide Money to Be Made
22. Working together to make healthy local living economies the best investment worldwide Local Multiplier
23. Working together to make healthy local living economies the best investment worldwide What Might the Multiplier Be? What are Some Reasonable Values for Local Economy Multipliers? County employment size class Average multiplier Probable range 1,000-2,999 1.7 1.5-1.9 3,000-4,999 1.8 1.5-2.0 5,000-9,999 1.9 1.6-2.1 10,000-19,999 2.0 1.8-2.2 20,000-49,999 2.2 2.0-2.4 50,000 and over 2.2 2.0-2.5 All things else equal, multipliers will tend to be higher where: The community is larger with a more diverse economy. The community is a substantial distance from competitive retail/service centers. The per capita income is low. Any output multiplier larger than 2.5 should be especially examined! (Mulkey, 1978)
24. Working together to make healthy local living economies the best investment worldwide Steps We Are Undertaking Now Capitalizing Middlebury Solari with local equity. Forming a board of local advisors. A cooperative online store for locally owned businesses in Middlebury. A cooperative mail order catalog for locally owned businesses in Middlebury. A cooperative department store for locally owned businesses in Middlebury. A local venture fund for community investment in Middlebury. Fostering formation of 72,000 other Solaris around the country (particularly in Bristol, Vergennes, and Brandon). Building a Relational GIS Database of local economic data.
25. Working together to make healthy local living economies the best investment worldwide Benefits The potential benefits to us for taking this action: Safer, Friendlier, More Joyful Communities. You’ll know the names of your neighbors. Liberty & Justice For All. In America, ownership is synonymous with control. $50,000,000 - $1,000,000,000 of new economic activity in Addison County, annually. The more strictly we implement this idea, the greater the potential benefits.
26. Working together to make healthy local living economies the best investment worldwide
27. Working together to make healthy local living economies the best investment worldwide Summary Specific actions and the key benefits: Buy Local and you increase your neighbors’ fortune. Invest Local and you increase your own fortune. These two actions create a positive feedback system designed to raise local wealth and income.
28. Working together to make healthy local living economies the best investment worldwide Working together to make healthy local living economies the best investment worldwide.