Archive for the ‘Digital Money’ Category

Payments to Minneapolis digital fund dry up

by Laura Yuen, Minnesota Public Radio

June 4, 2012

MINNEAPOLIS Payments to a little-known fund intended to expand Internet access in Minneapolis have all but dried up.

The company that created the citywide Wi-Fi network was required to establish the fund as part of its contract. USI Wireless was expected to replenish the fund every year as profits grew. But that hasn't happened, and critics say it's just one example of how the Wi-Fi network has fallen short of early hopes.

The Minneapolis Digital Inclusion Fund was set up five years ago to help low-income people, seniors, displaced workers, and others harness the power of the Internet.

And for a couple of years, the fund doled out hundreds of thousands of dollars to dozens of community organizations that applied for grants. The programs taught digital literacy to immigrants at libraries and built a computer lab at a center serving homeless youth. A half-million dollars from USI Wireless gave the fund its early momentum.

But more than a year ago, the Twin Cities-based company stopped annual payments to the fund. Critics, including Chris Mitchell of the Institute for Local Self-Reliance, say the lack of support for the fund has been disappointing.

"The problem of digital inclusion, to make sure everyone has access, is a very hard problem," Mitchell said. "I don't think the digital inclusion fund was ever going to solve all of these problems, but it was a tiny step in the right direction, and it's frustrating that even that tiny step turned out not to be a tiny step."

The Wi-Fi network was meant to give Minneapolis residents a low-cost option to access the Internet. It also aimed to provide service to roaming city workers, from the drivers of sanding trucks to police officers in squad cars.

When the city decided to invest in public Wi-Fi, it promised some collective perks for the community, including the digital inclusion fund. Minneapolis is paying USI Wireless $12.5 million over 10 years.

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Payments to Minneapolis digital fund dry up

4 June – Currency Report with Nomvuyo Guma – Video

04-06-2012 03:31 (www.abndigital.com) ABN's Mashudu Masutha speaks with Nomvuyo Guma, Macroeconomic Strategist at Standard Bank, looking at: Market reaction to disappointing US jobs data last week; Expectations ahead of ECB meeting this week; Rand bouncing off three-year lows; SA markets eyeing vehicle sales and manufacturing data this week.

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4 June - Currency Report with Nomvuyo Guma - Video

Digital Nomads – Travel Blogger – Nomadic Samuel – Video

04-06-2012 14:44 The first of what will be a series of interviews with people living the travel dream, traveling the world and making money as they do it! Travel Blogging - I meet up with Samuel Jeffery of a Canadian currently teaching in South Korea, who over the last 11 months has built up his travel blog to where it earns anything from $2000 to $6000 USD a month. I ask him what his secrets are and he reveals some interesting tips. AROUND THE WORLD TRAVEL VIDEO ADVENTURE web: fb: twt: g+:

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Digital Nomads - Travel Blogger - Nomadic Samuel - Video

Hyperinflation not possible but $13125 gold is? – Martin Armstrong – Video

03-06-2012 18:03 DISCLAIMER: Not advice! I don't know where the price of anything will go! Martin Armstrong "hyperinflation takes place ONLY in a peripheral economy and cannot take place within the core economy. Everything would collapse long before hyperinflation would unfold" "Gold has not risen sharply yet simply because the world is not ready to grasp the idea that government debts are not stable. Once they realize that fact, gold will rise dramatically just as it did from 1976 at $100 into 1980 reaching $875. Such an advance today from $1500 gold would be $13125 gold" Electronic Money The Real Conspiracy: Are Commodities Preparing for a Major Rally:

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Hyperinflation not possible but $13125 gold is? - Martin Armstrong - Video

Urgent Message for Greece – Video

04-06-2012 06:51 Urgent Message for Greece help is on the way Multi-Billionaire Hugo Salinas Price appeals to Alexis Tsipras to propose bringing a silver standard to Greece. Founder, Director & Honorary President of Grupo Elektra SA de CV famed not only for his legendary business acumen but also his drive for Honest Money in Mexico and Globally, tells how Europe can become free again. Hugo and his organization, the Mexican Civic Association Pro Silver, AC have pushed the Mexican government for over a decade to provide silver as money but the corrupt Mexican government and Mexican central bank has refused, causing tremendous hardship for the citizens of Mexico due to inflation. Here, Hugo is talking with Max Keiser in Keiser Report Episode 295, view the entire video at: "Hugo Salinas-Price, born in 1934, is a successful, retired businessman who lives in Mexico. Salinas-Price has been a follower of the Austrian School of Economics since his youth. Salinas-Price has written three books in Spanish on how and why silver should be instituted as money in Mexico, in parallel with paper money, and numerous related articles in English and Spanish. Salinas-Price's organization, the Mexican Civic Association Pro Silver, is actively lobbying the Mexican Congress to approve legislation, which will institute the pure silver "Libertad" ounce as money. Hugo Salinas-Price has focused on reintroducing silver into the Mexican economy with great energy over the past fifteen years. Salinas-Price's aim ...

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Urgent Message for Greece - Video