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December 28, 2004

Social Equity Network Web Site

Early in 2005, I will start contributing some of my blogging work to a new web site and investor portal called the Social Equity Network (coming soon). I hope other bloggers join me. The Social Equity Network will be an open facility for building electronic networks of like-minded people.

I believe that individuals who are part of independent social and financial networks stand stronger, enjoy superior lifestyles, and create greater personal wealth. A large part of this has to do with identifying and disclosing risks, and covering for those who don't have the time or expertise to manage those risks on their own.

In the mission statement I am creating for this web site, I state that in today's financial services marketplace " which is increasingly spin-and-sales oriented and global in scope - individuals have better reasons than ever to work together in a sharing way, across physical and invisible boundaries, to achieve efficiencies and economies of scale, in order to achieve their life goals.

Social Equity Network, through its free website, will provide subscribers with a specialized web portal and global electronic forum in which to work together on these challenges to help build and implement international support systems, where these are needed and desired. Although it will be advertiser supported (to cover costs), it will be free and continue to be free of any sales promotion.

Subscribers will be invited to participate in its development. They can do so by joining electronic investment discussion forums and contributing to investment reports where they have specialized knowledge. And to enable this participation they will have read/write privileges to the web site.

I do not have any idea whether the SEN web site will work out or not, or how it will mature, but I am going to give it a kick-start, and let you take it from there.

Some of us will try to tie Social Equity Network into organizations like the North American credit union system and National Public Radio (NPR) and Public Broadcasting Service (PBS), and international associations and societies like that.

Eventually, I think it is possible to see investors deciding where best to invest their capital directly into projects and companies that promote social equity, and to discourage capital flows to the opponents of social equity. In time, the rhetoric will lessen and real choices will emerge.

However, Social Equity Network is not an attempt to aggregate capital, but only to start a process among people around the world to organize to where they can begin to demand social equity.

At the end of the day, I can only be a very small part of such a movement. But, I would be glad to do what I can.

Meanwhile, I will continue to write Bill Cara Blog because that's me.

BCara@BillCara.com

Posted by Posted by Bill Cara on December 28, 2004 04:47:17 PM | Category: Social Equity