-Caveat Lector- from: http://www.grb.net/prospectus_01.cfm Click Here: <A HREF="http://www.grb.net/prospectus_01.cfm">http://www.grb.net </A> ----- Introduction On a planet with abundant ecosystem production and high technology there is no justification for pollution or poverty. The origin of our dilemma is the dated assumption that it is human effort and not nature that makes our basic commodities. This error was monetized during in the industrial age when economics was defined as the social science that dealt with the production, distribution and consumption of manufactured wealth, and with its related problems of labor, taxation and finance. Today we know ecosystems make our basic commodities and economics is in fact the natural science that deals with the production, distribution and recycling of ecoproduct wealth. The conflict between our medium of exchange and nature can be resolved by replacing different private bank notes that mortgage the private value of manufactured wealth with ecocredit that stores the public value of ecoproduct wealth. Welcome to the Global Resource Bank The GRB is a direct democratic institution You own a share in the Bank as your birthright e is the GRB ecocredit sign, as e1,000,000,000,000 equals one trillion ecocredits The creation of GRB ecocredit is subject to ecoproduction outside national jurisdiction. Ecocredit is backed by the goods and services produced, distributed and recycled by ecosystems owned by the shareholders. It stores the life-supporting value of light, heat, hydro, wind and biochemical energy, ozone, carbon, nitrogen, hydrogen and oxygen, genetic and biological diversity, and the proteins, sugars, starches, minerals and water produced in the global commons. The electronic issue of ecocredit is divided equally among shareholder accounts to utilize as a global medium of exchange that simplifies trade. = Shareholder Income The GRB earns income from an account service charge. To stop pollution the amount is related to the size of the account's ecofootprint. To end poverty the Bank divides most of its income equally among its shareholders. The Bank's shareholders earn their income by investing in ecoproduction. These investments increase the Bank's reserve of ecocredit and Earth's capacity to support life. Shareholder Communication Telecommunications makes vital information available to everyone. However, cost is a restriction. Therefore, the Bank pays for global telecommunications. Exchange Capital To simplify the conversion from bank notes to ecocredit the GRB exchanges ecocredit for central bank notes and ecoproduction inside national jurisdiction. shareholder shareholder shareholder shareholder shareholder Greenspan This exchange makes shareholder Greenspan smile because it capitalizes the financial services industry with ecocredit and gives it open market access to more than six billion prosperous customers. Start Up On opening day the shareholders agree to value the Bank's gross ecoproduct wealth at 6,000 trillion ecocredits. Half of these are issued to the communication, capital exchange and six billion shareholder accounts. The balance is reserved to capitalize the increasing population. The shareholders direct the Bank via the Internet. The current GRB is equal to the shareholder's average yearly evaluation of its gross ecoproduct wealth. They set the division of Bank income between the communication and shareholder accounts and decide what percentage of their income they invest in ecoproduction. The Bank displays the number of shareholders who chose the Bank's manager and amendments to its charter. Global Resource Bank Charter The United People of Earth charter the Global Resource Bank to earn economic security by taking responsibility for Earth's ecosystem. Operating System SHAREHOLDERS own one non-transferable share in the Bank as a birthright. The Bank is directed by the shareholders. ACCESS to the Bank is by toll-free telecommunications. GRB is Earth's environment outside national jurisdiction. Shareholders value its current gross ecoproduct wealth at 6,000 trillion ecocredits. Ecocredits have the buying power of January 1, 2001 Federal Reserve notes. COMMUNICATION CAPITAL of 500 trillion ecocredits is issued to the Communication Account to pay for opening telecommunications. EXCHANGE CAPITAL of 700 trillion ecocredits is issued to the Capital Exchange Account. These ecocredits are exchanged for ecoproduction inside national jurisdiction and central bank notes issued prior to January 1, 2002. SHAREHOLDER CAPITAL of 41 ecocredits a day is issued to Shareholder Accounts. This issue begins with shareholder registration and continues for twenty years. Shareholders invest 10% of their capital in ecoproduction. After one year of inactivity account balances revert to the GRB Reserve. GRB INCOME comes from an account service charge which is deposited in the GRB Income Account. This account exchanges ecocredit with the GRB Reserve to keep the issue of ecocredit at the chartered amount. SHAREHOLDER INCOME is 90% of Bank Income. These ecocredits are divided equally between Shareholder Accounts. Shareholders invest 10% of their income in ecoproduction. COMMUNICATION INCOME is 10% of Bank Income. These ecocredits are deposited in the Communication Account to maintain telecommunications. CURRENT GRB is equal to the shareholder average yearly evaluation of its gross ecoproduct wealth. The divisions of income are set at the shareholder average yearly choices. GRB MANAGER is chosen by the majority of Shareholders. The manager sets the account service charge and is responsible for expenditures from the Communication and Capital Exchange Accounts. AMENDMENTS to this charter are approved by the majority of Shareholders. Guardians of Shareholders have proxy rights. Conclusion The GRB supports a prosperous global society that lives in harmony with nature shareholders shareholders Phase One The GRB is open. To test the Bank's real time ecocredit transfer program, registered shareholders are transferring nonnegotiable ecocredits over the Internet at http://www.grb.net. You will find 41 ecocredits in your trial account when you register. You can register any number of accounts at the same e-mail address. To see how the Bank works, transfer ecocredits between the accounts of family and friends. If you only register one account, transfer ecocredits to Frances L. Fox and she will reciprocate. You can also register your business, government and non governmental organizations as Commercial Accounts. To join the GRB discussion group please send a blank e-mail to: [EMAIL PROTECTED] We look forward to your participation. Please click here to REGISTER. Thank you. John Pozzi - Acting GRB Manager Frances L. Fox - Assistant Manager Aaron Lieberman - Internet Technology Normann Kalmus - Capital Exchange Ole Fjord Larsen - United Nations Lennart Bylund - Non Governmental Organizations Alan Sloan - Ecological Footprinting Terry Taylor - Global Development Keitan Gonzalez - Communication Paul Swann - Egroup Moderator Bonnie Felicicchia - Graphic Designer GRB Network Diagram Next Page | Home Page | Top of Page ----- Aloha, He'Ping, Om, Shalom, Salaam. Em Hotep, Peace Be, All My Relations. Omnia Bona Bonis, Adieu, Adios, Aloha. Amen. Roads End <A HREF="http://www.ctrl.org/">www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance—not soap-boxing—please! These are sordid matters and 'conspiracy theory'—with its many half-truths, mis- directions and outright frauds—is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. 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