TTI
Announces Year-End Trading Activity
TeleTrade int�l
(TTi) reported that for the year ending 2007, trading activity
exceeded nearly $109 million on its global online platforms for
independent trade exchanges. This reflects an increase of 7% over
2006. Total activity since its inception in 1999 exceeds $562
million
The eValues
system (www.eValues.net) reflects nearly $60 million in
transaction volume during 2007. Its online totals reached $245
million in activity since coming online in 2000. EValues clients
have uninterrupted online trading access, daily trade opportunity
broadcast e-mails, an inventory control system, comprehensive
contact management, and an excellent accounting system.
TTi CEO Gary
Lasater noted that the company has been developing and designing
technology for the trade exchange industry for over 27 years. This
year, the firm has plans to introduce a new version update of
�revolutionary design� for its users. The time frame for the new
update will be sometime prior to the third quarter of 2008.
For U.S.
exchange members, TTi has been able to secure a relationship with
the nation�s fourth largest private merchant service provider. Thus
offering merchants the guaranteed lowest credit and debit processing
rates and the ability to process credit, debit, discount and barter,
programs from one terminal.
From further
information contact: Gary Lasater at 303.840.7172 ext. 1, or e-mail
at gary@teletrade.net.
�
U.S.-Chinese joint venture to provide barter services to 580,000
member organization.
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Open Letter From IRTA�s Universal Currency Committee
Universal
Currency has grown leaps and bounds in 2007. The current membership
is more solid than ever. The trade volume for 2007 is a record year
surpassing all years, since 2000; while we haven't closed December
yet, we are currently at 5.4 million. That number reflects a
significant increase in the use of the platform and its value. More
importantly we are still growing...increasing our value and
strength.
Highlights of
2007 include:
UC Euro
currency:
Due to concern
expressed by our European members of the falling value of the U.S.
dollar, the committee is currently establishing the ability to
maintain an account in the euro currency. Updates will be provided
to the membership as we progress.
Increase in
international members:
UC's trade
volume increase is highly attributed to the trading between our
European members with each other and abroad. This has opened many
doors for travel destinations and opportunities.
Delinquent
account and maintenance parameters:
The UC
Committee implemented a new penalty to members who exceed their line
of credit by means of credit line reduction, transaction reversal or
other. This was created to further protect the integrity of the
system and create incentive to get back within the credit parameters
established by UC Committee International.
Looking forward
in 2008:
It is with
great pride that we celebrate our 10th year in business in 2008.
There is tremendous momentum and excitement as we enter the New
Year. Some of our core focuses for 2008 are:
Corporate
barter division:
UC formed a
corporate barter committee to increase trading abilities and explore
and expand on ideas presented by current UC members who utilize
corporate methods.
UC Euro
currency:
UC will
continue its focus to fine tune the UC European platform for our
European members.
Credit
maintenance:
The UC
Committee will continue to review all lines of credit in the system,
making necessary decisions based on each members 12-month rolling
sales history
Growth:
With continued
consolidation within the industry and the loss of a few members in
2007, we are redirecting much effort into continued growth.
In
closing...while the founders and various supporters of UC have
worked so hard throughout the years to get us where we are today,
without you we wouldn't be here. So here's thanking you all, and
wishing everyone a happy and prosperous 2008. We look forward to
breaking new records, reaching new heights and making new friends.
Very Truly
Yours,
Jennifer Ashworth, Ron Whitney & the UC Committee
(For more
information go to
www.irta.com.)
Small Business Owners In Advertising Rut!
When it comes
to advertising, small businessowners are definitely in a
rut�sticking to traditional media, advertising in printed
directories (that are out-of-date before the ink dries!) Here�s the
scoop. . .
According to an
independent study commissioned by AT&T, the majority of
small-business owners see directory advertising as their most
effective marketing tool. The survey of 1,000 businesses with 25
employees or less, found that nearly two-thirds (63%) still
advertise in a printed directory.
In addition,
72% of those small businesses said they would spend the same amount
on printed directory advertising in the coming year; some (11%) said
they would spend more. And 19% said they would spend more next year
on newspaper and magazine ads, which were cited as the second-most
effective marketing tool by the small businesses.
While only
about 23% of the respondents said they currently use online
advertising (and two-thirds said they have their own web sites),
some 53% of them said they expected to buy online advertising
featuring video over the next two to three years, according to the
survey.
Obviously,
AT&T, which publishes the well-known Yellow Pages directory, has a
vested interest in the survey. But to eliminate bias, the company
contracted Western Wats Data Collection Agency in Utah to conduct
the survey.
The
small-businesses survey is intended to back up research from The
Kelsey Group, in which 61% of Americans say they still use a printed
directory to find local information. That survey found that 13% of
consumers used search engines to find local information, while 7%
used web directories.
The results of
both surveys show that businesses and consumers looking for local
information are still turning to the tried-and-true book. The top
five categories for directory searches are: restaurants, physicians,
auto parts suppliers, auto repair shops, and pizza.
According to
the survey, 20% said they expected to spend more on internet
directories, and 38% expected to spend more on internet banner ads.
When it comes to search-word marketing, 43% said they spent more
this year than last year, and 34% said they expected to increase
search-word spending next year
Wealth Accumulation Key To Moving Upward & Forward
By Henry Louis Gates Jr.
Editor�s note: The following article
by Gates, a Harvard professor and author of the forthcoming In
Search of Our Roots, has been excerpted from the December 2 issue of
the Dallas Morning News.
I have been
studying the family trees of 20 successful African-Americans, people
in fields ranging from entertainment and sports (Oprah Winfrey and
track star Jackie Joyner-Kersee) to space travel and medicine
(astronaut Mae Jemison and pediatric neurosurgeon Ben Carson). And
I�ve seen an astonishing pattern: 15 of the 20 descend from at least
one line of former slaves who managed to obtain property by
1920�when only 25% of all African-American families owned property.
Ten years after
slavery ended, Constantine Winfrey, Oprah�s great-grandfather,
bartered eight bales of cleaned cotton (4,000 pounds) that he picked
on his own time for 80 acres of prime bottomland in Mississippi. (He
also learned to read and write while picking all that cotton.)
Sometimes the
government helped: Whoopi Goldberg�s great-great-grandparents
received their land through the Southern Homestead Act. �So my
family got its 40 acres and a mule,� she exclaimed when I showed her
the deed, referring to the rumor that freed slaves would receive
land that had been owned by their masters.
Well, perhaps
not the mule, but 104 acres in Florida. If there is a meaningful
correlation between the success of accomplished African-Americans
today and their ancestors� property ownership, we can only imagine
how different black-white relations would be had �40 acres and a
mule� really been official government policy in the Reconstruction
South.
The historical
basis for the gap between the black middle class and underclass
shows that ending discrimination, by itself, would not eradicate
black poverty and dysfunction. We also need intervention to
promulgate a middle-class ethic of success among the poor, while
expanding opportunities for economic betterment.
Perhaps
Margaret Thatcher, of all people, suggested a program that might
help. In the 1980s, she turned 1.5 million residents of public
housing projects in Britain into homeowners. It was certainly the
most liberal thing Ms. Thatcher did, and perhaps progressives should
borrow a leaf from her playbook.
The telltale
fact is that the biggest gap in black prosperity isn�t in income but
in wealth. According to a study by economist Edward Wolff, the
median net worth of non-Hispanic black households in 2004 was only
$11,800...less than 10% that of non-Hispanic white households,
$118,300.
Perhaps a bold
and innovative approach to the problem of black poverty � one
floated during the Civil War but never fully put into practice �
would be to look at ways to turn tenants into homeowners. Sadly, in
the wake of the subprime mortgage debacle, an enormous number of
houses are being repossessed. But for the black poor, real progress
may come only once they have an ownership stake in American society.
People who own
property feel a sense of ownership in their future and their
society. They study, save, work, strive and vote. And people trapped
in a culture of tenancy do not.
The sad truth
is that the civil rights movement cannot be reborn until we identify
the causes of black suffering, some of them self-inflicted. Why
can�t black leaders organize rallies around responsible sexuality,
birth within marriage, parents reading to their children and
students staying in school and doing homework? Imagine Al Sharpton
and Jesse Jackson distributing free copies of Virginia Hamilton�s
collection of folktales The People Could Fly or Dr. Seuss,
and demanding that black parents sign pledges to read to their
children. What would it take to make inner-city schools havens of
learning?
John Kenneth
Galbraith once told me that the first step in reversing the economic
inequalities that blacks face is greater voter participation, and I
think he was right. Politicians will not put forth programs aimed at
the problems of poor blacks while their turnout remains so low.
If the
correlation between land ownership and success of African-Americans
argues that the chasm between classes in the black community is
partly the result of social forces set in motion by the dismal
failure of 40 acres and a mule, then we must act decisively.
If we do not,
ours will be remembered as the generation that presided over a
permanent class divide, a slow but inevitable process that began
with the failure to give property to the people who had once been
defined as property.
Hotel
General Managers
Work With Audio/Visual
Vendor On Barter
Collect cash, as usual, from the guest accounts staying at
your facility that require the use of professional AV
services. And rather than shouldering your ongoing employee
costs, or your current vendor�s cash agreement for AV
services, here�s a much better alternative:
Work with a proven national vendor (a sterling 25-year track
record) who will provide all of the AV services for your
hotel on a 100% TRADE BASIS! (Payment to be in the form of
trade dollars.)
Your hotel�s annual AV billings must be a minimum of
$200,000, and this offer is available only in the
continental United States.
For a confidential introduction contact Bob Meyer via
e-mail:
bmeyer@barternews.com.
Attention Trade Exchange Owners:
If your member hotel(s) have a minimum of 10,000 sq. feet of
meeting space and annual billings of at least $200,000 for
AV services this is a great opportunity to earn substantial
cash service fees on the hundreds of thousands of trade
dollars your hotel member will be paying the vendor. Contact
Bob Meyer at the above e-mail. |
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The Growth and Use of Secondary Capital (New Money) Creates
Unprecedented Wealth In Today�s New Age Of Possibility
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many forms of secondary capital�which can be defined as any
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