Middlebury Solari: A Proposal

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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. 1. Working together to make healthy local living economies the best investment worldwide.<br />
  2. 2. Working together to make healthy local living economies the best investment worldwide<br />Only Two Things Stand Between You and Peace, Prosperity & Sustainability:<br />Buying Local<br />Investing Local<br />
  3. 3. Working together to make healthy local living economies the best investment worldwide<br />Action<br />I suggest we optimize our transactions for our own benefit.<br />I recommend we begin to vote with our money.<br />
  4. 4. Working together to make healthy local living economies the best investment worldwide<br />
  5. 5. Working together to make healthy local living economies the best investment worldwide<br />
  6. 6. Working together to make healthy local living economies the best investment worldwide<br />The Databank<br />
  7. 7. Working together to make healthy local living economies the best investment worldwide<br />Database<br />
  8. 8. Working together to make healthy local living economies the best investment worldwide<br />Website<br />
  9. 9. Working together to make healthy local living economies the best investment worldwide<br />Local Online Market<br />
  10. 10. Working together to make healthy local living economies the best investment worldwide<br />Opportunities Are Everywhere<br />The Vermont Job Gap Study - Phase 6The Leaky Bucket:An Analysis of Vermont’s Dependence on Imports<br />A project of the Peace & Justice Center.<br />Doug Hoffer, Research Director<br />Ellen Kahler, Project Director<br />© July, 2000<br />
  11. 11. Working together to make healthy local living economies the best investment worldwide<br />The Leaky Bucket Concept<br />
  12. 12. Working together to make healthy local living economies the best investment worldwide<br />We Import Almost Everything<br />
  13. 13. Working together to make healthy local living economies the best investment worldwide<br />We Import A Lot<br />
  14. 14. Working together to make healthy local living economies the best investment worldwide<br />New Money & Jobs<br />
  15. 15. Working together to make healthy local living economies the best investment worldwide<br />Moving Debt<br />
  16. 16. Working together to make healthy local living economies the best investment worldwide<br />Moving Mortgages<br />
  17. 17. Working together to make healthy local living economies the best investment worldwide<br />Moving Investments<br />
  18. 18. Working together to make healthy local living economies the best investment worldwide<br />Moving Insurance<br />
  19. 19. Working together to make healthy local living economies the best investment worldwide<br />Moving Tax Money<br />
  20. 20. Working together to make healthy local living economies the best investment worldwide<br />The Federal Government’s Negative Return on Investment<br />
  21. 21. Working together to make healthy local living economies the best investment worldwide<br />Money to Be Made<br />
  22. 22. Working together to make healthy local living economies the best investment worldwide<br />Local Multiplier<br />
  23. 23. Working together to make healthy local living economies the best investment worldwide<br />What Might the Multiplier Be?<br />What are Some Reasonable Values for Local Economy Multipliers? <br />County employment size class<br />Average multiplier<br />Probable range<br />1,000-2,999<br />1.7<br />1.5-1.9<br />3,000-4,999<br />1.8<br />1.5-2.0<br />5,000-9,999<br />1.9<br />1.6-2.1<br />10,000-19,999<br />2.0<br />1.8-2.2<br />20,000-49,999<br />2.2<br />2.0-2.4<br />50,000 and over<br />2.2<br />2.0-2.5<br />All things else equal, multipliers will tend to be higher where: <br />The community is larger with a more diverse economy. <br />The community is a substantial distance from competitive retail/service centers. <br />The per capita income is low. <br />Any output multiplier larger than 2.5 should be especially examined! (Mulkey, 1978) <br />
  24. 24. Working together to make healthy local living economies the best investment worldwide<br />Steps We Are Undertaking Now<br />Capitalizing Middlebury Solari with local equity.<br />Forming a board of local advisors.<br />A cooperative online store for locally owned businesses in Middlebury.<br />A cooperative mail order catalog for locally owned businesses in Middlebury.<br />A cooperative department store for locally owned businesses in Middlebury.<br />A local venture fund for community investment in Middlebury.<br />Fostering formation of 72,000 other Solaris around the country (particularly in Bristol, Vergennes, and Brandon).<br />Building a Relational GIS Database of local economic data. <br />
  25. 25. Working together to make healthy local living economies the best investment worldwide<br />Benefits<br />The potential benefits to us for taking this action:<br />Safer, Friendlier, More Joyful Communities.<br />You’ll know the names of your neighbors.<br />Liberty & Justice For All.<br />In America, ownership is synonymous with control.<br />$50,000,000 - $1,000,000,000 of new economic activity in Addison County, annually.<br />The more strictly we implement this idea, the greater the potential benefits.<br />
  26. 26. Working together to make healthy local living economies the best investment worldwide<br />
  27. 27. Working together to make healthy local living economies the best investment worldwide<br />Summary<br />Specific actions and the key benefits:<br />Buy Local and you increase your neighbors’ fortune.<br />Invest Local and you increase your own fortune.<br />These two actions create a positive feedback system designed to raise local wealth and income.<br />
  28. 28. Working together to make healthy local living economies the best investment worldwide<br />Working together to make healthy local living economies the best investment worldwide.<br />

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