Letters

Letters 07-28-14

Worry About Legals

I can’t figure out what perplexes me more, the misinformation everywhere in the media or those who believe it to be true. Take the Hobby Lobby case; as a company that is primarily owned by a religious family, they felt their First Amendment rights were infringed upon by the “Affordable” Care Act...

Stop Labeling and Enjoy

I have been struggling to find a simple way of understanding for myself the concepts of conservative, liberal, and moderation as it relates to our social interactions with each other...

Proposal One & The Public Good

Are you kidding me? Another corporate giveaway with loopholes for large corporations who rule us? Hasn’t our corrupt and worthless governor done enough to raise taxes, provide corporate welfare, unjustly tax pensions, and shut down elected officials with his emergency manager racket...

The Truth About Road Workers

Apparently Mr. Kachadurian did not catch on to the fact that the MDOT Employee Memorial in Clare is a tribute to highway workers who lost their lives building our transportation systems. It was paid for by current and former MDOT employees who likely knew some of these people personally...

Idiotic and Misguided

As a seasonal resident, I always look forward to reading your paper, if only because of the idiotic letters to the editor and off the wall columns...


Home · Articles · News · Region Watch · So long dead presidents
. . . .

So long dead presidents

- October 13th, 2005
Those who have followed the progress of an alternative currency for Northern Michigan over the past two years will finally see their dream come true this weekend with the planned launch of Bay Bucks on October 14.
Bay Bucks is a form of legal tender which will be honored by participating businesses in the region. Bill Palladino, regional director of the Michigan Small Business & Technology Development Center in Traverse City, says that starter kits are available for businesses interested in priming the Bay Bucks pump.
Palladino notes in a release that charter businesses, non-profits and governmental units that sign on will literally get a bang for their buck by receiving 50% extra Bay Bucks in exchange for U.S. dollars. “For instance if you joined at Business Level I, you‘d pay $40 and get $60 worth of Bay Bucks to spend, and a free ad in our directory,“ he states.
In most countries, that level of float on a currency would be considered anything but a confidence-builder. So what‘s the rationale for exchanging U.S. dollars, which are the strongest currency in the world against which all other foreign currencies are pegged?
Bay Bucks supporters say the idea is to support local businesses by keeping currency in the the region, specifically, “...to add wealth to the local economy, to support locally owned businesses, and to enhance economic sustainability and social justice.“
Among the participants are Oryana Food Coop, TART Trails, Cedar Market, Gary Howe Photography, Food for Thought and singer-songwriter Claudia Schmidt.
For more information on Bay Bucks, check out the Great Lakes Bioneers Conference which will be debuting the currency at Northwestern Michigan College this weekend. See www.glbconference or www.baybuck.org.
 
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