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In the Common Good Economy, decisions will be made independently in each Common Good Community, about how to accomplish their mission (make the community sustainable, get everyone’s basic needs met, and help people elsewhere). And they will be empowered — with money — to act on those decisions.
We want the organizational [...]
Category Archives: General
Organizational Structure – Proposal
February 15, 2011 – 11:49 am
Founding Members’ Retreat January 2011
February 7, 2011 – 12:17 pm
by Janet Henderson
The “Coming Together for a Common Good Economy” Founding Members’ Retreat was held Friday evening, January 28 through Sunday lunch, January 30 at the historic Inn at Shaker Mill Farm in Canaan, NY. A special thanks for the wonderful rate and comfortable accommodations to our welcoming host, Ingram Paperny. Paul Deslauriers and [...]
Let’s Create Money As Debt!
October 15, 2010 – 12:22 am
The question came up, as we were designing the Common Good Bank™ economic system: “How should money be created and destroyed?” The answer we found is that money should be created (and destroyed) as needed, as debt. Here’s why.
Money Creation
We need to create money from time to time because things change and there is always [...]
North Quabbin Area Organizer
April 13, 2010 – 12:07 pm
Hello, I am Nan Riebschlaeger and I live in Wendell, MA. I will be organizing for Common Good Bank in the North Quabbin area. I am thrilled to be part of something that will empower local communities to control their own economic futures.
Common Good Finance Night with Portland Trailblazers
January 4, 2010 – 8:15 pm
Portland is a city of trailblazers, no? Sure it is. If you want to see Common Good Bank, you’re a trailblazer too. The Portland Trailblazers are offering an opportunity to support Common Good Finance if you purchase a ticket to the March 3rd game with the Indiana Pacers. Whether you’re in Portland or you’d like [...]
Why Not Start State Banks, Like In North Dakota?
December 9, 2009 – 2:15 pm
Common Good Bank will be much better for us than state-owned banks.
Yes, The Bank of North Dakota is a vast improvement over our national banking system in the United States. There are two reasons why it is an improvement:
North Dakota’s bank is owned by the state, so all profits go to the public. The Federal [...]
Slow Money
December 5, 2009 – 11:43 am
Last night five of us from the Common Good Bank project joined about 40 others at the Gasoline Alley Foundation (GAF) in Springfield, Massachusetts, for three hours of schmoozing and an interview with Woody Tasch, author of Slow Money and founder of the Slow Money movement, which aims to create “a grassroots, non-profit seed fund [...]
Green America
December 4, 2009 – 7:48 am
John White and I met last night with Alisa Gravitz, Executive Director of Green America (formerly Co-op America). Green America will likely play an important role in the Common Good Bank system.
Common Good Bank will invest only in socially and environmentally responsible businesses. Green America has a well-established program for certifying “green” businesses and has [...]
CGBs in the News
November 30, 2009 – 11:01 am
Common Good Bank made the front page of the Clean Yield investor newsletter this month (see below). We have, at this moment, 42 interested qualified investors. We will see if together we can come up with $1.5 million by the end of the year, so that we can apply for a charter and move forward [...]
Eugene FAQs
October 14, 2009 – 4:51 pm
Eugene Page Links>> Events : Community : Division : FAQs
Frequently asked Questions in Eugene…
Will Common Good Bank be insured by the FDIC?
Yes.
However, do not place too much trust in the FDIC. If many banks fail at once, the FDIC will not be able to help. Unlike other banks, Common Good Bank is designed [...]