Monthly Archives: April 2010

Vermont Business Exchange, an Emerging Force for Local Trade

The localization of an economy requires local control of credit. That can be achieved by participation in a local credit clearing association. There are many such business-to-business (B2B) exchanges that provide this service on a for-profit basis. Now the lines between for-profit and non-profit are beginning to blur as credit clearing services are teaming up with existing non-profit business organizations. One example is the Vermont Business Exchange which is now being launched in association with Vermont Business for Social Responsibility.

Watch this video of a recent interview in which Amy Kirschner explains the project history, vision, and current status.

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Wall Street Financial Rapists Try to Stay Hidden

In an interesting turn of events, Bloomberg News has filed a suit that would require the Fed to release details of where $2 trillion of bailout money went. Now the banks are trying to block a court order that would force release of that information. You can read all about it in this article:

Banks Threaten To Go To Supreme Court To Prevent Fed From Disclosing Details Of $2 Trillion In Bailout Loans They Received