John Robb: HR 2930 and Open Source Funding

Commercial Intelligence
John Robb

JOURNAL: HR 2930 and Open Source Funding

Open source funding is coming. About time.

In a big departure from previous behavior, a very cool new bill just passed the US House of Representatives. It's called H.R. 2930: The Entrepreneur Access to Capital Act.

Basically, the bill eliminates most of the legal barriers (restriction on the number of investors, the type of investors, etc.) to raising small amounts (

Of course, this new capability (if it passes) is going to be abused (bucket shops across the country are gearing up in anticipation). However, most of that will be sorted out in time.

Phi Beta Iota: Disintermediation is proceeding apace.  The big challenge right now is that it is still turgidly centered on the one billion rich with one trillion a year in income — until OpenBTS and free cell phone service / free access to the Internet reach the five billion poor with their four trillion a year in income, the current economic malaise will persist.

See Also:

2012 The Open Source Everything Manifesto: Transparency, Truth, & Trust (Evolver Editions, June 2012)

Marcus Aurelius: Seven Strategic Trends (Canada Sends)

Articles & Chapters, Commercial Intelligence, Communities of Practice, Corruption, Cultural Intelligence, Earth Intelligence, Key Players, Policies, Threats
Marcus Aurelius

Seven Sinister Strategic Trends: A Brief Examination of Events to Come by Lieutenant Nick Deshpande, Canadian Forces (Army), Intelligence Branch

1.  Decline of the United States
2.  Cyber Threats
3.  Fiscal Sustainability
4.  Transnational Organized Crime
5.  Environmental Degradation and Resource Scarcity
6.  Energy Crisis
7.  Global Pandemic

 PDF 9 Pages

Phi Beta Iota:   The two world-class references that remain the global standard are A More Secure World: Our Shared Responsibility–Report of the Secretary-General's High-level Panel on Threats, Challenges and Change and High Noon 20 Global Problems, 20 Years to Solve Them.  What the article does not address is the abject failure of all governments to be ethical and intelligent, something we have focused on in our letter to The Most Holy Father and our letter to the President of the United States.

John Robb: Occupy Resilience – Condemn the Regional Power Companies and Then Municipalize Them

03 Economy, 05 Energy, 07 Other Atrocities, 09 Justice, 11 Society, Blog Wisdom, Commerce, Commercial Intelligence, Corporations, Counter-Oppression/Counter-Dictatorship Practices, Earth Intelligence, Ethics, Government, Power Behind-the-Scenes/Special Interests
John Robb

Resilient Energy: Municipalization of Power

How can you help your community build a resilient energy system?  One of the first steps is to buy back the energy system from the regional power company by condemning it and then municipalizing it (it can be run as a power co-op or as a standard company …  The structure really depends on the community.).  This moves provides you with the control of the local grid so that your community can:

  • Ensure higher levels of maintenance (tree trimming, etc.) and faster response to failure.  During the two big power outages on the east coast this summer/fall, power was out for much of the region for nearly a week.  In many cases, the municipal power companies get power back on to all of their customers in 1/2 the time of the big regional companies.
  • Cut rates and change energy mix.  As a municipal company, you can select the different types of energy you will use locally.
  • Add advanced micro-grid features.  Everything from community energy markets to local energy backup to power smoothing.   Extra benefit of this approach:  it will prevent the regional power company from using smart grid tech to snoop on everyone in the community by micro-analyzing energy use (which they will then resell to marketing companies or provide to the government w/o warrant for “signature” sniffing).

All of the benefits listed above will double or treble in importance as the global economy nose dives into depression over the next couple of years.  So, it's better to get started early than later.

Here's a few links from the Boulder Colorado effort to condemn and municipalize it's power.  A combo of bad service and a low level of renewables use prompted the effort (use whatever hooks you need to get it done, but get it done):

  •  Renewablesyes.org The site of the citizens coalition.  The astroturf site of the national power company.
  • Citizen groups do the hard work.  A technical group does the modelling and analysis for a municipal grid.  They compare rates, costs, and energy mix  Here's an amazingly video of a member of that team, Sam Weaver.
  • Homer software. The software you need to model a municipal grid from rate analysis to energy mix.  The numbers.

NOTE:  Great article in the NYTimes today on how the big regional companies are so focused on acquisitions, regulatory gaming, and extractative finance; they are delivering terrible service.

NOTE:  Great pushback in the comments on how tough it is to do this.  Basically, crony capitalism (revolving door, bribes, etc.)  + regulatory capture (same mindset) + gov't granted monopoly = lots of opposition.

Event: 8-10 June NYC Strategies for a New Economy

03 Economy, Academia, Commerce, Commercial Intelligence, Ethics
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Upcoming Event:

June 8-10, 2012
Conference:  Strategies for a New Economy
Bard College, on the Hudson River, New York
Registration open in January of 2012
Themes for Conference Tracks
Each Track will have seven associated workshops
1.  Modeling the New Economy: Shared Prosperity within Planetary Limits
2.  Measuring Well Being: Alternative Indicators of Wealth and Progress
3.  Banking and Financing a New Economy: Scale, Criteria, Innovation
4.  Re-building Local Economies:  Engines for Resilience
5.  Re-imagining Ownership: Coops, Stakeholders, Corporate Structure
6. Transforming Money: Structuring, Issuing, and Valuing New Mediums of Exchange
7.  Sharing the Commons: Identifying, Allocating, and Restoring
8.  Messaging a New Economy: Education, Media, Public Campaigns
9.  Forging Justice for All: Economic Security, Equity, and Jobs in the New Economy
10. Empowered Youth: Mandating a New Economy
11. Responsive Government for a New Economy: Politics as if People and Planet Mattered
 12. Moving Beyond Consumerism: Plenitude, Sufficiency, and Mindful Consumption
noble gold