This is a temporary early draft of the OpenMoney.org Follow the Money presentation.
Added concept and graphics - more to come
For the offical OpenMoney slides - Please go here
http://www.slideshare.net/mwlinton
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Openmoney Ftm2009
1. follow the money.... a "credit crisis" inevitably derives from the nature of the money in circulation
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13. Businesses donate 1000 community way dollars per employee to community organizations and projects of their choice by opening a cw$ account. Community Way is a business loyalty program that is good for the community.
14. Beneficiary community organizations accept the donations by opening cw$ accounts and spending the cw$ at participating businesses. Topping up staff wages, rewarding volunteers and hiring more people.
15. People fund the projects they want to support by exchanging normal money (cdn$) for community way dollars (cw$) dollar for dollar.
16. Some examples - groceries at 20%, retailers at 30-40% restaurants at 50%. People who have earned and/or bought cw$ spend them at participating businesses at the published rates of acceptance.
17. They get tax credits on donations and they collect taxes on the whole amount of the sale, just like normal money. Businesses spend the cw$ with other participating businesses, pay staff bonuses, hire local contractors, and so on.
18. Businesses support the community and build customer loyalty. Groups and projects have more money to work with. People get to spend their money twice. The new business-backed money circulates within the community, creating common wealth
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