Date: Fri Apr 11 16:46:14 1997
From: bag@gatuab.gatuab.goteborg.se (Bengt
Griborn)
Subject: Question about LETS
To: johnturmel@yahoo.com
BG: I am going to write a essay about LETS,
how it work's in a quarter
of a city in Gothenburg (Sweden), and
I'm very interested to know why
LETS also is called "green dollars". is
there a connection with
environmental movement history or is it
only money? If you know,
please let me know very soon, I have got
so much time left. Thank you.
Bengt Griborn
JCT: In 1981,
I was running politically with a LETS software for
National use called "Greenbacks" in honor
of Abraham Lincoln who was
shot for instituting an interest-free
LETS "Greenback" system to pay
for the American civil war. Interest-free
U.S. Notes issued by the
Treasury rather than the private Federal
Reserve banking cartel are
still available. I have several notes
which I put side by side with
FED bank notes so I can wonder why the
US government chooses to borrow
from the private banks and tax citizens
to pay interest when Lincoln
borrowed notes from the Treasury and paid
no interest.
Yet, the name
Greendollar was coined by Michael Linton and I
would assume that since we were both members
of the Green Party of
Canada at the time, I would assume that
LETS qualified as a "Green"
initiative.
Though I was
expelled from the party in 1985 for advocating LETS
without central party authorizati