About Me

Basic Information

Profile Type

Local Currency

Currency Name

Kennedy Hours

Hometown

Ottawa, Ontario

Overview

A long time ago, a very good friend of mine gave me a piece of good advice about group or committee work. He said: "The best committee for action, - to get things done - is a committee of three, where two stay at home."

I have been advocating the concept of "usuryfree community currency" since I first learned of Michael Linton's initiative in the early 1980's when he created the usuryfree, LETS (Local Employment Trading System) software to facilitate trades/exchanges among community participants in the Comox Valley on Vancouver Island in British Columbia, Canada.

I was active with the Ottawa LETSystem in the 1980's and 1990's until it folded for lack of 'interest,' (pun intended). I helped found and launch the Tamworth Hours project in 2004 and the Unity Project in the Madawaska Valley shortly thereafter. These projects flounder along with a only a few dedicated and active participants while most people choose to stand by the sidelines and wait to see if the concept works.

Well, various models of usuryfree community currency have evolved since the first LETSystem was created. All of the models work, now we can create hybrids by adapting the optimal elements from any or all of the proven models of usuryfree community currency.

Additionally, the concept of shopping within our own loyal networks of 'locavores' - people who make a conscious decision to shop locally instead of shopping with the giant transnational corporations is gaining widesparead support. So, instead of waiting for any group or committee to launch a usuryfree community currency, I have taken the initiative to launch my own, personal, usuryfree wampum called "Kennedy Hours."

I prefer to refer to "Kennedy Hours" as my personal, usuryfree wampum to avoid any hassles from the so-called "authorities" from any and all levels of government. The words "money" and/or "currency" seem to rattle the bureaucrats who are intent on serving and protecting the usurers - the banking cartel that has been ruling the world for centuries.

I also prefer the model of a time-based, usuryfree personal wampum, as it can be traded locally, nationally and/or internationally - since one hour of time has a value of 60 minutes everywhere on planet earth. It is my humble observation that we can trade time without paying exchange fees to any orthodox, financial institution.

I have deemed my hour of basic, unskilled labour to be equivalent in value to $13.00 (Canadian Funds). I happen to like the number "13" and therefore, it is my choice to use "13" to value my one hour of basic, unskilled labour. This is more than the minimum wage BUT not greedy or excessive. Other private traders might choose to value their one hour of time at $12.00 (Canadian Funds) - simply because the number "12" is more easily divided and/or multiplied. Either value works and trades can be negotiated even if the hour values are different. (snip)

Read more at this link at The UsuryFree Eye Opener:http://usuryfree.blogspot.com/2010/01/kennedy-hours-my-own-usuryfree-wampum.html

Contact Information

Address

Kennedy Hours
Tom J. Kennedy
P. O. Box 9333
Ottawa, Ontario, Canada
K1G 3V1

State

ON

City / Town

Ottawa

Country

Canada

Website

http://usuryfree.blogspot.com/2010/01/kennedy-hours-my-own-usuryfree-wampum.html

Friends