June 2, 2009
by Bob Meyer, Editor of BarterNews
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the desk of Bob Meyer...06/02/2009
25% Early Sign-Up Discount For IRTA Convention
The International Reciprocal Trade Association’s Annual
Convention is scheduled for October 1 thru October 3 at the
four-star Magnolia Hotel in Dallas, Texas.
To sign-up now go to
Occupancy In The Bahamas Falls To 48.9%
A tourist drought is creating havoc for hoteliers in the
Bahamas. The most recent casualty is the Four Seasons Resort
Great Exuma, as the 500-acre resort has closed down. Opened
in 2003 at a cost of $350 million, they have been unable to
move the property.
According to a report in The Wall Street Journal, the
receiver (PricewaterhouseCoopers) expects the property to
sell for less than $100 million. The hotel’s occupancy had
slipped into the 50% range, as reported by the Bahamas
Ministry of Tourism.
Millionaire Population Dropping
The wealth of American families has dropped nearly 18% from
last year. The Spectrem Group statistics showed that the
number of U.S. millionaires fell 27% last year, the biggest
drop since the wealth-research firm started collecting data
about a decade ago.
The number of U.S. households with a net worth of at least a
million (not including primary residences) sank to 6.7
million from 9.2 million in 2007. The population of
millionaires is now at 2003-2004 levels, meaning the
economic crisis has all but erased the millionaire boom of
the past five years.
Book: The Art of Abundance
John O’Keefe, the founder/owner of The Center For Peak
Performance has published his second book, The Art Of
For more information see
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See you next week. . .)
Reply To NATE’s Recent
Announcement In The Tuesday Report
Good Morning Bob,
While I am not surprised that you would publish the info you
received from “them” as to who ”they” supported, I am shocked that
you would publish the numbers on voting out the leaders of the
Barter Industry, or even mention it. What purpose did it serve? As a
journalist I would have expected more from you! How about a list of
who voted them out, so we can see who these industry “giants” are?
little reminder to you and the rest of the industry...Jerry Howell
has served two terms as NATE President. He was editor of the NATE
Update for many years. Jerry almost single handily raised over
$80,000 to award a NATE Scholarship after 9/11. He has attended
almost every NATE meeting since he became a NATE member. He has
given numerous seminars and set up many of the NATE social events.
Fran Crumpton was a Founder of NATE along with her husband Bob. Fran
also served two terms as NATE President. She created and has
personally taken care of the NATE CTB (certified trade broker) and
MTB (master trade broker) program since it’s beginning. Fran has
been a presenter or panelist at over 100 NATE sessions. She was head
of the English department for the entire Pensacola School System.
All she has ever done for this industry, this association and her
community is to give.
Patti Falus was the Canadian Business Women of the Year in 2008,
serves on the Board of several of the largest charities in Canada.
Has hosted NATE conventions and participated in many seminars,
sharing the secrets of her success. Patti rose from being a broker
to becoming the owner of one of the largest trade exchanges in the
industry. A true leader.
could go on an on about what Patti, Fran and Jerry have done for
NATE and the Barter Industry. The most important thing for people to
know is that they have given of themselves, their time, their money
and have never asked for anything in return. These people have NEVER
done anything wrong and the industry should be ashamed of what it
has let happen.
would put the accomplishments of Fran, Patti or Jerry up against
everything the “so-called” new board has ever done! Four of them
have not even been to a NATE meeting in the last four years. They
are really involved! All I can say is the people that supported
(Former director of the National Association of Trade Exchanges)
The following trade exchanges were the 30 that voted in the most
recent election for NATE (National Association of Trade Exchanges)
Affiliated Business Commonwealth
American Commerce Exchange
American Exchange Network
American Trade Exchange
Barter Business Exchange
Barter Network Ltd.
Business Trade Exchange
Crescent City Trade
Executive One Alaska
Genesis Trade Exchange
Gulf Coast Trade Exchange
International Monetary Systems (IMS)
Midwest Business Exchange
New England Trade
North Louisiana Trade Exchange
Southern Barter Exchange
Trade Network, Inc.
Velocity Trade Exchange
Rachel Taylor Hooper’s
Perspective On NATE Vote
Hope you are doing well — and hope to be seeing you at the upcoming
IRTA & or NATE meeting. I was forwarded a copy of Tom McDowell’s
e-mail to you concerning the NATE voting results for the new board.
I’m sure you know that this has been a very long and arduous process
to get NATE back on track — and of course there is a very long and
arduous story that goes along with it — as there always is.
desire is to go forward in the most positive way possible, as well
as acknowledge the many years of service to the industry that MANY
people have given freely.
Rachel Taylor Hooper (President)
Attention Trade Exchange Owners. . .It’s GROW OR GO!
The magic bullet for growth is sales, always has been and always
will be...yet the industry’s overall growth is anemic. Why? Maybe
it’s because we’re not providing on-going education about our unique
way of doing business. Knowledge is always a pre-requisite to taking
And for those newcomers, the lifeblood of an exchange, awareness of
and understanding about the value of trading is even more important.
If you expect prospects to come aboard and your members to be more
active traders, but you are perplexed when the results are less than
you desire...there’s a good reason. You must continually educate
and motivate every month--month after month after month!
Such action is necessary because, let’s face it, more cash business,
not trade, is of paramount importance to your members. You must
break through this “cash only” focus and redirect their thinking
toward barter. Although most exchanges don’t see the importance of
doing so, many industry leaders are taking action and so can you.
As the owner of your own operation, there is an easy and
inexpensive solution for moving forward...look
into using The Competitive Edge newsletter. It’s a
camera-ready, 4-page, professionally written, informational
marketing tool...available in PDF format as well as print. So
regardless of how you reach your prospects and clients, you will
have the necessary vehicle.
Written especially for you, the busy trade exchange owner, I am
certain it will be the best investment you ever make.
For more information about The Competitive Edge, and how it
can benefit you
International visitors look for BARTER CONTACTS in our Global Barter
Section. If YOUR exchange isn’t listed see the forms on the lower
left of the page. (Click
Attention trade exchange owners...thousands of visitors every month
visit our BARTER CONTACTS section on our web site where we have
names & addresses of barter companies in the USA. If YOUR exchange
isn’t listed, or the information is incorrect, you can correct the
situation by using the forms to the lower left of the USA map. (Click
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Back To California &
By Thomas H. Greco
For more than 27
years Tom Greco has been working at the leading edge of economic
and financial restructuring. He’s traveled throughout the world
lecturing and working with various communities (to set up
the 2006 International Reciprocal Trade Association’s (IRTA)
Annual Convention, pointing out the unique opportunity the
barter industry has to be a major savior of the coming currency
crisis—if there was a united worldwide common currency
recently published book is “The End of Money and the Future of
Civilization” from Chelsea Green Publishers.
Blog dated Saturday, May 30, 2009
seems like ages since I sent out my last missive. Checking my files,
I see that it was on April 21, the day I flew from New Zealand to
Australia. It’s taken a while for me to get up the motivation to
complete this next installment that I started writing weeks ago. As
usual, there’s been a lot going on, and I must confess to a bit of
travel weariness. Despite a six week long sinus infection that
lingered through the end of my tour, a lot was accomplished, but it
left me more depleted than I first realized. I think I need to stay
put for a while.
I’ll start with a few highlights. Yes, I’m back in the USA, having
flown from Adelaide to Melbourne to Auckland to San Francisco all in
the same elongated day (April 27). I was warmly welcomed by the Lub
family who took me into their home where I was able to rest up.
After a couple weeks in California I drove my Dodge Caravan to
Tucson where I intend to base myself for the next few months. I’ll
fill in a few details below—but first a word from our sponsor (that
would be me).
After more than a year of intensive labor I finally got to hold my
new book (The End of Money and the Future of Civilization) in
my hands. It arrived in the mail at my California address just a few
days after my return. What a thrill it was to look at it, to feel
the weight of it in my hands, and to riffle its pages. Even the
cover is pleasing to the eye. The more I look at it the better I
like it; its imagery portrays the proper hopeful message of the
choice of title for this book is intentionally provocative, but not
at all based on wishful thinking. It expresses what is actually
happening NOW. The recent emergence of commercial “barter”
exchanges, mutual credit clearing associations, private voucher
systems and community currencies, represent the early stages of a
process of power devolution that will inevitably lead to the end of
the end of money refers NOT ONLY to the end of political
money, but also to the evolutionary process by which the essential
nature of money has changed over the past two or three centuries —
from commodity money, to symbolic (redeemable paper) money, to
credit money. Of course, the reciprocal exchange process that
money is intended to facilitate will continue, but in a different
way from before, a way that does not require the use of conventional
money or banks.
ultimate stage in the evolution of money and the exchange process
that is now emerging is the direct credit clearing amongst
buyers and sellers, i.e., the offset of their purchases against
their sales. The widespread application of this process does indeed
mean, in a very real sense, the end of money.
more than a dozen pre-publication reviews of the book have been
uniformly positive and we’ve gotten important endorsements from a
number of people who are both knowledgeable and well-known.
important thing now is to get large numbers of people to read the
book. I truly believe that it provides information that is essential
for people to have as we negotiate what futurist Robert Theobald
called, “the rapids of change.” You can help by placing orders
through conventional channels, especially your local independent
bookstore. If they get enough orders, they will stock it and
hopefully display it. It is also important for readers to
rate the book and post their reviews on
Australia visit during April was tacked on to the end of my New
Zealand tour. While only a brief six days, it was both interesting
and productive. I was able to renew and deepen relationships with
long-time correspondents, John Zube and Shann Turnbull, to initiate
some new working relationships, and to present my ideas to an
attentive audience in Adelaide, the latter resulting in several new
members for the host organization, Economic Reform Australia (ERA).
all of my Kiwi and Aussie friends, both old and new, I want you to
know that it was a great pleasure for me to spend time and to share
ideas with you. I appreciate having had the opportunity to enjoy
your warm hospitality and experience the beauty and culture of your
great countries. I hope that my visits may have helped in moving
your projects forward.
Living abroad for significant amounts of time, one gets and a chance
to see a broader range of lifestyles, and a different perspective on
the world. Returning to the United States can be a bit of a shock.
The most striking thing about Asian cities, for example, is their
liveliness. The people are hard-working and enterprising, and the
streets are filled with hawkers and vendors of all sorts.
Besides the food vendors who cook up amazingly delicious food right
out on the street from propane-fueled carts, there are various kinds
of craftspeople, too. It is common to see cobblers and sewers
working right out on the sidewalk, fixing shoes or sewing up bags
for passers-by. American cities by comparison are orderly and quiet,
segmented into districts by function — commercial, residential and
industrial, that may be active only at particular times of day or
Asia, except for heavy industry, all of these happen together in the
same spaces or in close proximity. I’m not saying that one way is
necessarily better than the other. Both have their advantages, as
well as disadvantages.
Tucson is a medium-sized city that has many cultural advantages. It
is home to a major university and a sizable population of well
educated citizens, many of whom have relocated or retired from
colder climes. A few nights ago I went to the Museum of Art to
attended a screening of the documentary film, Manufactured
Landscapes. The film is a stunning portrayal of places and
scenes that have been impacted by human activity.
Filmed in China, it show factories, mines, quarries, scrap yards,
buildings and dams. There is a certain beauty in the images as
abstractions of color and form, but that’s only because the medium
separates us from the full experience of what we see — the odors,
the tastes, the tactile sensations, the discomforts, and the
long-term personal impact on health and sanity.
of the most astounding things about it is the massive scale of the
things that are shown. The Three Gorges Dam, for example, which is
shown in various stages of completion, is half again as large as any
other dam in the world. Over a million people had to be relocated to
make way for the resulting reservoir. Entire cities were not only
evacuated but demolished, mostly by hand, by the residents
themselves, who were hired to take down the buildings to prevent
their becoming navigation hazards.
film opens with a slow pan across a factory floor that extends for
two thirds of a mile, filled with row upon row of work benches and
machines staffed by thousands of ant-like workers engaged in mostly
this film is no polemic; it merely shows what is. Much of it is
junk. Where does your discarded computer or electronic gadget end
up. Chances are 50/50 that it ends up in China along with similar
items imported from all over the industrialized world to be
disassembled, smashed, cut up, and sorted bit-by-bit by legions of
workers who earn pennies-per-day to do it.
of the most moving scenes showed teenage kids inside the hulks of
decommissioned oil tankers, scooping out tar and sludge so that the
steel could be cut up and salvaged. These are things that we don’t
normally see that reveal the hidden costs of out own lifestyles.
Something to think about...
more information on Greco visit
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