Friday, March 23, 2012

Local Dollars, Local Sense: Discussion with Michael Shuman, March 22

Wouldn't you rather put money into your Main Street instead of Wall Street? Not even 1 percent of Americans' long-term savings are invested locally, largely because it's not possible under the current system. But what would our towns look like if a larger fraction of this $30 trillion was in local economies? Join a free live discussion featuring popular author Michael Shuman, on how to shift your money from Wall Street to Main Street, March 22nd at 7 PM Eastern, 4 PM Pacific.

Shuman is the author of the important new book, Local Dollars, Local Sense, which details how local investing can be done, using a variety of approaches from cooperatives to local exchanges. It's key to explore these options: the big multinational banks that hold the majority of the country's savings mostly do not act in the interest of the places where their depositors and shareholders live.

But local businesses do care, and they comprise more than half the economy by output and jobs, so shouldn't we try to make them bigger and better? Plus, increasing evidence suggests that local businesses are remarkably profitable and competitive, so it makes good investment sense, too.

This unique opportunity will allow you to hear about the rules that preclude 99 percent of Americans from investing locally, the alternatives, and ask your own questions of Shuman. It is free to join, will be moderated by Orion staff, and is open to all readers and friends.

Registration is required, so please fill in the blanks below, including the phone number you plan to call in with. This information is helpful to the event moderator and is only intended for use during the event

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