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Restructuring Financial Systems An Introduction of the Concept of Equity Union(s) By Mike Morin
Hello Mike,
This is an article. Thanks ! It should be moved to its own place. So I have put it here : Equity Union.
It could do with some extra formatting, which I leave to you, since you know better.
This page is rather for editors presentations. Discussion of concepts and ideas is under each article (in the Discussion window).
Thanks again!
Pierre, coordinator
Hi Mike, (rest of letter deleted)
[By the way, I presently have more income than is best for my lifestyle, and now have recently gotten my hands on some extra money. I'm not used to this situation. Do you have any suggestions about where to 'invest' for the greater good, keeping in mind that my main concerns remain first 'global heating', and then generally shorter paths to possible eutopias vs. possible extreme dystopias?]
Dan
Hi Dan, (rest of letter deleted)
I, too, have some discretionary funds that I would like to put into trust for public service and altruistic endeavors. Perhaps, you and I (and others if we can find them) should investigate creating a local Peoples' Equity fund. My idea on that is to see if we can open a group trust account in a Credit Union, where each trustee would have an individual account, yet allocations to community betterment projects could be done collectively, with each individual signing off on the amount that they want to dedicate to the project.
The idea would be that we would "invest" (actually share, participate) in community betterment projects with the care that we would expect to only get the par value of our contribution back or we could choose to make individual and/or collective tax-deductible or maybe tax credit eligible contributions to "qualified" non-profit community betterment organizations (CBOs)
CBOs could be not-for-profit, non-profit or both.
Mike
