August 10, 2010
by Bob Meyer, Editor of BarterNews
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From the desk of Bob Meyer...
Ginseng’s Used To Pay Off Some Debt
Korea is proposing to make a trade of ginseng to
Czechoslovakia, which will be used to pay off $500,000 of
their $10 million debt to the eastern European country.
(Ginseng is an herb with medicinal properties.)
Overstock.com To Work With Small Business Owners
Are you a
producer of a consumer product who’s looking for more
(Overstock’s b2b web site) is launching its “Main Street
Revolution Initiative” which will provide local businesses
with an avenue to national markets through its huge site.
information see the video about this program by
U.S. Technology Founders’ Average Age Older
Than You Think
and Steve Jobs were the exceptions. Most tech founders are
not teen-agers, and twice as many start ventures in their
fifties as they do in their early twenties. The average age
of American tech founders is thirty-nine.
Foreign-Exchange Market Almost $4 Trillion In
Daily Trading Volume
currency-trading business is expanding dramatically,
according to key monetary authorities from around the world.
The strong growth puts the foreign-exchange market on track
to top a record $4 trillion in daily trading volume. The
volume growth is a result of the volatility and the real
end-users actively hedging their exposure.
Unger’s International Barter Exchange
Celebrates 20 Year
Mary Unger, founders of IBE in Florida, have been serving
the business community of Sarasota, Manatee and Charlotte
counties for the past two decades and are looking forward to
many more years of service. IBE is a member of the National
Association of Trade Exchanges
information on IBE
Barter Theatre Provides Tickets In Exchange
For Volunteer Work
contribution (volunteer a day’s work) to your community and
receive theatre tickets.” That’s the offer to the first 500
volunteers, from the Barter Theatre in Abingdon, Virginia.
Working From Home Continues Expansion
Telework Coalition, a non-profit advocacy group, reports
that some 35 million people work predominantly from home
today, compared with about 20 million in 2000.
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IRTA Europe’s Chair Eyes New Industry Possibilities
The newly-elected chairperson of IRTA/Europe, Dorottya (Dori) Szabo,
provided The Tuesday Report with an outline of her goals and
perspective for the European family of barter companies.
Szabo is enthusiastic and excited about the potential that is now
present for current IRTA/Europe members, as well as for those barter
company executives who have not yet entered the organization,
because of the entity’s independent voice and focus on representing
Europe’s uniqueness and best interests. She feels a collective
cooperation by the members, coupled with awareness that they are
financial architects, will positively affect the economy — so needed
in these challenging times.
Immediate goals are four-fold:
Solidifying the agreement with Global IRTA on the Articles as well
as the Compact Of Association agreement,
Registration of the organization (IRTA/Europe) within Europe,
Applying for and the securing of qualified European financial
Organizing next year’s annual IRTA/Europe Conference.
Input from everyone, Szabo stressed, is not only needed but very
important at this juncture. She’s looking forward to receiving
suggestions, opinions, and ideas from her colleagues. “This is a
historical time for our industry and I want to work with everyone
for the betterment of IRTA/Europe.”
Szabo’s e-mail is
ITA’S Jack Schacht Seeking Alliances Within Barter Industry
Shop As You
Give.com is launching its beta test with several non profits
before Labor Day. Participating nonprofits who have already
enthusiastically jumped into the program include several public
charities such as The Humane Society and Habitat for Humanity, youth
organizations such as Bethlehem Center and Hope for Tomorrow, senior
citizen organizations such as The Council on Aging and The Elder
Care Planning Council, and a mix of churches and other religious
Many barter exchanges already have several nonprofit members who can
benefit from this free fundraising program. By enrolling a nonprofit
you receive a full 12% of the gross profit on all sales for the
first year and renewal commissions on an ongoing basis in subsequent
Shop As You Give provides nonprofits with their own free online
department store, loaded with thousands of high quality brand name
consumer products that people buy every day. Prices beat a solid
majority of other online retailers and, in some cases, beat or meet
the prices of ALL other retailers. The store can also be customized
with the nonprofit’s logo and other branding elements. They can even
eliminate product categories that might conflict with their mission
Nonprofits receive 30% of the gross profits, 100% of all donations
at checkout, and full reports on their supporter’s purchases — all
without any staff requirements.
Interested parties can e-mail Jack personally at
Mitchell Schultz Now Offering Trips To Outer Space
Mitchell Schultz, known throughout the barter community for the
trading of Broadway show tickets as well as other endeavors such as
various fund-raising efforts, is now onto something more ambitious.
He’s the managing director of Xtraordinary Adventures, a company
that offers suborbital flights to the edge of space. The flights
will begin in early 2012. Schultz calls this experience a “pinnacle
life event” and says it will be one of the greatest awards a top
executive can receive. Cost for this one-of-a-kind experience is
For more information
UC Hires Barter-Pro Patty Weston As New UC International Broker
In an effort to increase Universal Currency’s (UC) trade volume and
provide top-notch customer service to members, UC has named Patty
Weston as its new international broker beginning August 9, 2010.
Patty is an experienced barter broker, having worked for five years
as a travel broker in Michigan. She recently moved to Winter Park
(FL) and will be helping the Florida Barter team, of which owner
Scott Whitmer is currently serving as the UC Committee chairman.
Patty is passionate about the barter industry and will make a great
addition to both the Florida Barter and UC teams. IRTA’s executive
director Ron Whitney confirmed, “We are very excited to have Patty
on board and look forward to a productive future for UC.”
Patty Weston can be e-mailed at
firstname.lastname@example.org or phoned at 321-397-2050.
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