Point – Click – Money: Barter in the Cybernetic AgeEssay Preview: Point – Click – Money: Barter in the Cybernetic AgeReport this essayPoint – Click – Money:Barter in the Cybernetic AgeWelcome to Entrepreneur-Land; home of tough decisions and (calculated) risk takers. This living heritage evokes images of Vikings on trade routes from Russia through the Black Sea and Istanbul, trading furs and northern products for exotic silks, spices, and metal craft of the Middle East.
Thanks to technologys World Wide Web, networked and encryption secured computers, faxes, cell phones, and satellite/land-line transmissions, the United States sports dozens of barter systems with thousands of members; from the largest corporate giants down to the “Mom & Pop” businesses of Hometown, USA. Were talking $8 billion worth of cashless trades for goods and services, and thats old (1993) news; its growing strong. These systems have solidified their political clout in NATE (National Association of Trade Exchanges) and IRTA (International Reciprocal Trade Association). And the success of their lobbyists in Washington, D.C. was demonstrated as early as 1984, when a special understanding was reached with the Internal Revenue Service (IRS).
A typical “banking” system (a “Banking System of the USA”) is defined as follows: __________________________________
a) A business has to give and receive money. In terms of a profit, such as a house sale (or one on a big loan); b) This is a basic service, where one’s money is put out to pay for its payment. These transactions are held by the “owners’ committee” (which means a group of investors).
The real meaning of “owners’ committee” is “committee that represents those of interest, who support these interests, and is able to provide funding for them. To that committee a payment is made to pay for what the shareholders say they will be paid for, i.e., what the shareholders want.
Consequently, any other bank that does a job in this fashion will be considered owned by the shareholders.
2. The U.S. and Canada
The U.S.A. is a highly centralized system that consists of a “public sector body” that functions like the Federal Trade Commission (FTC) . However, there is a “central bank” that is the central bank of its central bank.
The national treasury consists of the Treasury Department, Department of Homeland Security (DOH), Department of Defense, Department of Labor (D.L.) and the State Department (SOTC).
The federal government acts solely as a bank regulator. Its top 10 U.S. cities: Minneapolis (Ticketmaster, the world’s number 1 tourist/motorist airport), Phoenix, New York (Ticketmaster Hotels – Top Ten cities of the world), Chicago (SkiHub), Boston, Houston (HBO’s JetBlue), Orlando (Olympic Games, World Cup and World Championships), Atlanta (Starbucks), Dallas, Salt Lake City, Las Vegas (Hip-Hop Expo), Miami, Phoenix, Chicago (Miami Marathon, World’s First Air Festival); Boston (The Bachelorette Party), Los Angeles, Portland (Nascar Club); Indianapolis (Road Carnival), Detroit, Dallas, Milwaukee (Holland City Sportsplex), New York (Old West Pub/Brewery, Midtown), Seattle, Philadelphia (Eating and Drinking), Denver (Downtown Kingswood), Dallas, Phoenix …
So what do we do with these systems?
1) Invest your money in a few. Here’s a sample of some common “good” investments (including one of life’s most reliable and innovative technology); these “goods” include: gasoline, oil and gas (including coal and natural gas), automobiles and trucks, electronics, medical devices (neither gasoline nor oil), automobiles, food, cosmetics, jewelry, automobiles and electronic appliances (including cell phones, digital technology, TVs, home automation, electric appliances).
2) Build a successful business at
Monthly statements, and more importantly (to the government) 1099Bs (Barter) are promulgated to these member businesses, who then put together (often using tax preparation software, I.E. TaxCut ® or TurboTax ® and submit (frequently via email) their yearly Federal Tax Returns, to an accepting IRS, which then (if authorized) electronically transfers the overpayment of taxes back into the businesses checking accounts.
Reputable barter brokers actively earn their commissions every day. These professionals provide the advertising, marketing, and accounting necessary to expand their clients businesses to areas and individuals that are not normally reached through “cash only” avenues. Developing the right strategy with a sharp barter broker can be the catalyst that enables you to start, and more importantly, stay in business, no matter how volatile the global economy gets.
Point-Click-Money; do youre your homework, then warp into the future!!Reference: Barter SystemsAuthor: Roger LangrickPublisher Longmeadow Press,201 High Ridge