Word: foodes
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...Slow Food movement has helped raise consciousness about where food comes from, down to the farmer," says Tasch. "We're doing the same thing with money - where does it come from, and, when you spend or invest, where does it go?" In Tasch's vision that covers everything from seed companies to farms to markets and restaurants...
...real world and less reflective of actual wealth. The result, he says, has been bad for our economy, the planet and the individual investor. The antidote, according to Tasch, is expressed in the subtitle of his book, Inquiries Into the Nature of Slow Money: Investing as if Farms, Food, and Fertility Matter...
...Slow Money Alliance, set up as a nonprofit, brings the tenets of the Slow Food movement (buying local) to finance - exploring investment vehicles that re-circulate within the local economy, minimize environmental impact, stress diversity over monoculture, and earn decent returns. Tasch wants to give investors a stake in "restorative economy," building the food and ecological infrastructure on a community to community basis. (See the top 10 financial-crisis buzzwords...
...individual businesses he's zeroing in on may be small, but Tasch is thinking big: "We're setting out to build an organization of one million Americans to invest in food systems around the U.S." He envisions "catalyzing investments of $25 million a year or more as a first step." Though he is only now starting to raise money, Tasch says the response to his model has been "extremely heartening...
...recent pork purchase comes just a few weeks after the National Pork Producers Council and a consortium of governors from nine pork-producing states sent separate letters to the Agriculture Secretary requesting assistance. The council asked the USDA to lift the $300 spending cap on pork products for government food programs, and to spend at least an additional $150 million on pork products during fiscal year 2009; the industry also asked for $100 million to help survey herds for H1N1. In a similar letter from state governors, lawmakers requested that the government urge overseas markets to start buying U.S. pork...