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BSOSCBlog.com • View topic - ICE Report & Working Model like BSOSC ICE Labor Trade Plan

ICE Report & Working Model like BSOSC ICE Labor Trade Plan

ICE Report & Working Model like BSOSC ICE Labor Trade Plan

Postby jpf1030 » Fri Jun 04, 2010 6:36 pm

Howdy All,

In the credit clearing area of our three faceted BSOSC ICE, we are progressing toward implementation of our B-BUCKS (BSOSC-B U C K S). We had a practice market at one of our BSOSC meetings which resulted in a lot of confused chaos, but even more so, resulted in a much expanded understanding of the system, so it was a quite positive experience.

When we get all our guideline documents completed for each of the three facets of the system, full implementation will go much more smoothly. We will be posting those guidelines here. They are: 1) Credit Clearing System Guideline; 2) Valuation System Guideline (based upon historical silver purchasing power) and 3) Exchange System. In addition to these three documents, we are close to completing the detailed membership agreement. Initially, membership during the beta phase will be limited to the BSOSC members.

As soon as the B-BUCKS phase of BSOSC ICE gets debugged, membership will be opened up county wide. When that has proven to be successfully functioning, we will network with other prep groups wherever they are located. Obviously, none of our local groups can resource absolutely everything of prep use in our immediate locales. While the transportation system is still functioning we hope to have our BSOSC ICE system interconnected with all prep groups with barter-exchange systems to enable all to engage in personal commerce with each other to most economically facilitate and expedite completion of their prep projects.

Below is an AP article published in the SLC Deseret News on 06/03/10 about a barter based work credit system in Pa. and other areas around the country, which have some similar parallels to the BSOSC ICE system. This article may enable people working toward an alternative economic system to get some ideas for their plan...jpf
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By Michael Rubinkam, Associated Press
Published: Thursday, June 3, 2010 11:07 a.m. MDT

ALLENTOWN, Pa. — No money? No problem! Pay with time, instead.

That's what Maria Villacreses did when the economy put a hitch in her wedding plans: She used "time dollars" on everything from a wedding-day makeover to an elaborate seven-layer cake. In a modern twist on the ancient practice of barter, people like Villacreses are joining time banks to help them get the things they need or want without having to spend cash.

In a time bank, members get credit for services they provide to other members, from cooking to housekeeping to car rides to home repair. For each hour of work, one time dollar is deposited into a member's account, good for services offered by other members. Scores of time banks are being started in hard-hit communities around the nation — and thousands of devotees are helping each other survive tough financial times.

"Even though we were planning to do something small and simple, it takes a lot of money, time and effort. Through time banking, I got a lot of help," said Villacreses, who belongs to Community Exchange, a 10-year-old time bank in Allentown, where 500 members offer everything from electrical work to tai chi.

As the economy recovers amid stubbornly high unemployment, newer banks with names like "Back On Track" have joined Community Exchange in offering an alternative to cash. Time Banks USA, an advocacy group in Washington, says interest in time banking has surged: About 115 now operate nationwide, with 100 more in early stages of development. Membership fluctuates but is believed to total more than 15,000.

"People see time banking as a way to deal with the economic pressures they are feeling," especially in places hit hardest by the recession, said Jen Moore, membership and outreach coordinator for Time Banks USA.

In Maine, where paper mills and shoe manufacturers have closed, time dollars buy everything from guitar lessons to yard work — even prayer. In California, they buy haircuts, tax help and aromatherapy. In Michigan, child care, plumbing and yoga.

In South Carolina, Back on Track Charleston was launched recently to help down-on-their-luck residents get, well, back on track. It's already got 80 members.

Winborne Evans relies on Back on Track to supply her with baby-sitting while she picks up extra shifts as a waitress. She's also using time dollars, which she earns by sitting for other members' kids, to help get her fledgling beekeeping business off the ground. "Becoming a single mom recently ... I truly can't imagine where I would be without it, mostly because I can't afford a baby-sitter, and I can't afford to pay people to help me with my bees," said Evans, 29.

Unlike bartering, transactions in time banking are not usually reciprocal. Instead, Jane baby-sits for John, John fixes Mary's leaky faucet, Mary drives Tom to the doctor's office, and so on, all of them earning and spending time dollars. Their labor is valued equally: One hour is always worth one time dollar. (Time dollars are not taxable, according to Time Banks USA.) People often join for economic reasons but wind up getting more out of it. Among the benefits: networking, getting to know neighbors, building a sense of community and keeping skills sharp.

"Part of it is very practical," said Judith Lasker, a professor at Lehigh University in Bethlehem who is co-writing a book on time banking. "There's another part of it that's very ideological. People believe the best way to survive in this crazy, unpredictable world is to forge local ties, support local economies ... and support local people in a variety of ways."

Services provided by Allentown's Community Exchange — including gardening, cleaning, cooking and transportation — have allowed 79-year-old Joan Stevenson to stay in her home and out of assisted living. "I'm enriched by it, not only from the services I receive but by being able to contribute," said Stevenson, who earns time dollars by writing for the Community Exchange newsletter, hosting Community Exchange meetings at her house and helping other members with their resumes and job searches.
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