Word: localized
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Closer to home, "Ithaca Hours," with a livable hourly wage as the standard, were launched during the 1991 recession to sustain the economy in Ithaca, N.Y., and stem the loss of jobs. Hours, which are legal and taxable, circulate within the community, moving from local shop to local artisan and back, rather than leaking out into the larger monetary system. The logo on the Hour reads "In Ithaca We Trust...
...high tech. There are Greens from the Lettuce Patch Bank at the Dancing Rabbit Ecovillage in rural northeastern Missouri. In western Massachusetts one finds fine-artist-designed BerkShares, which are convertible to U.S. dollars. More than $2 million in BerkShares have been issued through the 12 branches of five local banks, according to Susan Witt, executive director of the E.F. Schumacher Society, the nonprofit behind the currency. And in South Africa, proprietary software keeps track of Community Exchange System (CES) Talents; one ambitious plan is to make Khayelitsha, a vast, desolate township of perhaps 1 million inhabitants near Cape Town...
...alternative currency is generally used in conjunction with conventional money; one may use local currency at the farmers' market and regular greenbacks at the supermarket. "It doesn't try in any way to replace cash," says Christoph Hensch, a Swiss national and former banker living in Christchurch, New Zealand. Rather, it offers a way "for people to share and redeem value they have in the community." He says the currencies are most useful in geographical areas or social sectors where money doesn't flow sufficiently, citing, for example, New Zealand's Golden Bay, which is so remote that it sometimes...
...fact, some local politicos even considered Harris a spy for Daley in Blagojevich's office. But the criminal complaint, which paints Harris as the chief executioner of Blagojevich's schemes to squeeze the Tribune Co. and Children's Memorial Hospital for contributions or other political favors, among others, suggests it was indeed Blagojevich's bidding that Harris was doing...
...other major disagreement is over whether to count absentee ballots that were mistakenly rejected by local election officials around the state. When the Franken camp asked for and got a list of why each ballot was rejected, it discovered some ballots were thrown away for something besides the four legally specified reasons. So most of the reasonable election officials of the Minnesota counties started sorting the rejected ballots into five neat little piles, in case the state canvassing board decided (as it did Friday) that the ballots should count. One of those fifth-pile votes, the Franken camp discovered, belonged...