THE GEORGIST NEWS

    WEB EDITION
    Volume Ten, Number Nine, March 1, 2008

    Welcome to the March issue of The Georgist News and especially to new
    subscribers. Read below about a movie on Monopoly, a film on solving
    poverty, the productive workload of a movement mainstay, the annual
    conference, ways to get involved, and much more. Have you, dear
    reader, friends or coworkers who'd also like to subscribe? Enjoy the
    read and may your Spring Equinox be delightful.
    
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    CONTENTS:
     *  CGO conference to discuss sharing rent amongst citizens
     1. Good Press: Ex-UK Cabinet advisor; FLOW Idealism co-founder
     2. News: Monopoly - the movie; The Progress Report daily news e-zine
     3. Numbers: Existing home sales, prices fell to record lows
     4. Movement Progress: Active activist; Nica classes overflow;
        Mayoral candidate; Volunteer turns 90
     5. Letters: Rent as percentage of GDP; National rental income figures
     6. Obituaries: John Watson
     7. Likable links: Short film by Fred Harrison; Guardian;
        American Monetary Inst.
     8. What You Can Do: Attend CGO conference
     9. At the Margin: Quips and Quotes
    10. Publication affairs: Contributors, About the Georgist News
    
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    * CGO conference to discuss sharing rent amongst citizens
    By Sue Walton, sns at swwalton.com, February 15, 2008
    
    Georgist News editor and The Progress Report editor, Jeff Smith, will
    be an active speaker at the 2008 CGO Conference. Jeff will be
    presenting a paper on the Citizen's Dividend and the Basic Income
    Grant (BIG) on Thursday, July 10th. Note that British Columbia
    recently passed a carbon tax - a sort of rent tax - thanks in part to
    pledging some of the rental revenue to Canadian citizens in BC as an
    annual dividend. The strategy might work to help pass taxes on land
    rent, too. Jeff will also be a moderator at the conference's Saturday
    Sustainability Sessions. For more information please contact: Sue or
    Scott Walton.
    
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    1a. Good Press: Ex-British Cabinet advisor
    This comes from James Robertson, author of PM Harold MacMillan's
    "Africa is Burning" speech, james at jamesrobertson.com
    February 8, 2008
    
    My latest newsletter, No 14 for February of 2008, is now out and can
    be read in full. This email gives a short description of its
    contents... 4. The Money System. A short reflection on alternative
    currencies is followed by my article in the latest "Quarterly Review"
    on Northern Rock and the current financial crisis; a recent proposal
    for a joint popular/parliamentary movement for money system reform;
    and two initiatives on Land Value Taxation to celebrate the centenary
    of the Lloyd George budget of 1909.
    
    http://www.jamesrobertson.com/newsletter.htm
    
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    1b. Good Press: FLOW Co-founder tells his network
    By Michael Strong, CEO and Chief Visionary Officer, FLOW, Inc.,
    co-founded with Whole Foods found John Mackey, www.flowrealism.org
    flowidealism at yahoo.com, February 5, 2008
    
    A Citizen's Dividend combined with the deregulation of housing and
    health care could create a situation in which anyone with even minimal
    mental and emotional stability could have adequate comfort and
    security.
    
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    2a. News: Monopoly - the movie!
    Via Stewart Goldwater, February 15, 2008
    
    Although it was once only a rumor, director Ridley Scott has confirmed
    his plans to work on a movie based off the popular board game,
    Monopoly. Speaking to The LA Times, Scott says: "Monopoly is still the
    most popular board game - I might be misquoting! - in the world. So
    it's really finding the universe for that game. Because clearly it
    ought to be humorous and for the family - the funny way it brings out,
    particularly when your uncle suddenly gets Park Lane and - in England,
    we have Park Lane, Mayfair and Barclay Square, what's it in America?
    Park and Madison? So you watch people change. You're witness to Jekyll
    and Hyde. Somewhere in that is a hysterically amusing and I think
    rather exciting film." I imagine he's referring to Park Place and
    Boardwalk - two of the most expensive and lucrative spots in the
    American version.
    
    Aside from trying to imagine what a Ridley Scott version of Monopoly
    would look like (keep in mind this is the guy who brought us Alien,
    Gladiator, Black Hawk Down and the upcoming,
    sure-to-be-Oscar-nominated American Gangster), I also wonder if
    there's a way to make this a family-oriented movie. Even the LA Times
    asks whether the film will focus on "our gilded age of greed," to
    which Scott replied: "That as well. Isn't that comical?" I have not
    played one game of Monopoly that hasn't ended in a fight (one came
    close to ending in a fist fight), so to bring this down to a level
    that kids and adults can relate to - well, it could be tough.
    
    On whether Scott will look to the big-screen version of the board game
    Clue as a reference, he admits to not "really" seeing it, but at the
    same time says: "But I think it was quite clever." Personally, I think
    it will all come down to the characters. And no, I don't think the
    game pieces should be characters that talk. A thimble? C'mon. Do you
    think a Monopoly movie could work?
    
    http://www.cinematical.com/2007/08/06/ridley-scott-talks-monopoly-movie/
    
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    2b. News: The Progress Report daily news e-zine
    By Jeffery J. Smith, jjs at geonomics.org, February 26, 2008
    
    The daily Georgist news source offers much more information than can
    be squeezed into this monthly newsletter, news from around the world
    on issues related to getting and sharing - or not - the rent for land
    and resources. Some recent titles include:
    
    * Taxes might not be as popular as the Oscars but politicians got two
      new ones right, two that meet standards set by Henry George years ago.
    * Small businesses have money but won't spend it now as home sales
      fall in all states but one.
    * Barbara Ehrenreich says don't just prop up stock prices but rebuild
      an economy in which everyone shares the good times.
    
    Visit your daily source of geonomic news at www.progress.org
    
    It's fact-filled yet pithy and written for uninitiated readers. Send
    your friends there for a real treat.
    
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    3. Numbers:
    
    Existing home sales, prices fell to record lows
    By CNNMoney, February 25 2008
    
    The new year picked up where 2007 left off, as sales and prices of
    existing homes fell to the lowest level in nearly a decade. In January
    sales by homeowners fell 0.4%. The reading was the lowest since
    realtors began reporting annual sales in 1999, down 23.4% from a year
    earlier. The median price of a home sold during the month fell 4.6% to
    $201,100 from $210,900 a year earlier. It had been 11 years since
    prices fell compared to a year earlier. The median price of a
    single-family home dropped to the lowest point since February 2005,
    falling 5.1% to $198,700. Homes available for sale represent more than
    a 10-month supply. That is up from the 9.7-month supply in December.
    Last month, No. 3 homebuilder Lennar showed a $1.25 billion
    fourth-quarter loss, the largest in the company's history. In addition
    No. 1 Centex, No. 4 Pulte Homes, No. 5 KB Home, and No. 6 Hovnanian
    Enterprises all reported fiscal fourth-quarter losses that were far
    worse than forecast.
    
    US home prices end 2007 with record drop
    By Peter Y. Hong, Los Angeles Times Staff Writer, peter.hong at
    latimes.com, February 26, 2008
    
    The price of single-family homes fell 8.9% in the last three months of
    2007 from the same quarter in 2006, according to the Standard &
    Poor's/Case-Shiller home price index. That was a record drop, the
    sharpest year-to-year decline in the index's 20-year history. Only two
    areas -- Portland, Ore., and Seattle -- showed yearly price gains in
    the last quarter, but those gains were minimal, at 1.2% and 0.5%,
    respectively. The Case-Shiller index does not include condominium
    units or new homes or foreclosures and accounts for remodeling work
    and other variables that affect pricing.
    
    Editor's note: For up-to-date news and numbers, please visit
    www.progress.org
    
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    4a. Movement Progress: Our most active professional activist?
    By Dave Wetzel, Vice-Chair, Transport for London
    davewetzel at tfl.gov.uk, February 4, 2008
    
    Pittsburgh-based and long-time activist Dan Sullivan wrote that it
    would be helpful if each person posted something on what s/he is doing
    to promote land value tax or otherwise advance a Georgist agenda, and
    what kind of help s/he is looking for. If you are not doing anything,
    what would you like to do, and what would help you get to doing it? If
    you do not want to take initiative, then what would you be willing to
    help others do?
    
    These are my efforts of December and January.
    
    Labour Land Campaign (LLC) - President's Report Wrote article on
    Tony Vickers' book "Location Matters" published in the Dec issue of
    The Valuer.
    Meetings December 2007
    Mon 3rd 8.30am Address transport students at University College
    London (UCL)
    Greg McGill Chartered Surveyor. Mtg to set up the new Green Tax
    Network
    Tues 4th Address RMT Executive Committee. (Railway trade union). They
    have subsequently agreed to affiliate to the LLC.
    Speaker at conference organised by House Magazine (The Parliament
    magazine).
    SERA EC. (The Socialist Environmental Resources Association).
    Wed 5th Mtg with SERTUC (the South East Region Trades Union
    Conference).
    Peace Reception at City Hall
    Thurs 6th Mtg with the Governor and officials from Lamata region of
    Nigeria
    Fri 7th Mtg with Dr Francesca Medda UCL. Who's written a paper on land
    value capture for the World Bank and is collating a list of UK
    academics who support LVT.
    Sat 8th School of Economic Science (SES) presentation. (Fred Harrison
    and Phil Anderson). & I then attended the IU Exec.
    Mon 10th Mtg with Chiswick Labour Party activists.
    Fri 19th Mtg with Frank Warburton, Matrix Knowledge consultants.
    Thurs 20th Will Alsop - famous Architect. Also mtg with Bob Raveli
    consultant from USA.
    Fri 28th Mtg with Adam Giabrone from Toronto Canada (He is Cllr and
    chair of transit authority).
    Sun 30th Adam Giabrone. Evening dinner with our wives. 
    Meetings JANUARY 2008
    Wed 9th Graham Hudson & Tony Denton. Thames Water.
    Thurs 10th Mtg James Skinner. Ultra Light Rail. Ted Knight and
    Croydon Trades Union Council.
    Sat 12th Aberystwyth. Filming Beryl Harris's LVT video/DVD with Ben
    Cole.
    Tues 15th In audience for Alistair Darling at RSA.
    Wed 16th Prof Lorraine Gamman. Saint Martins College of Art and Design
    Thurs 18th Vanessa Houlder. Journalist - Financial Times.
    Wed 23rd Andrew Body. New Zealand transport consultant.
    Fri 25th Unite/TGWU Aviation research
    Sat 26th IU Exec at Julia Bastian's home.
    Tues 29th Mtg Zac Goldsmith. Editor of The Ecologist and Conservative
    candidate for Richmond upon Thames.
    Mtg Michael Meacher MP has agreed to assist start the Green Tax
    Network. He wants to invite 60 MPs. 
    Dave Reed, to report on progress with All-Party Group. (No replies
    from John McDonnell nor Chris Huhne). Brian Binley Cons seems keen.
    Let's tie in with Green Tax Network initiative.
    Wed 30th Mtg Jon Cruddas MP. (Labour's Deputy Leadership candidate).
    Only 20 minutes but he is interested to help with LVT.
    Meeting with Andy Burnham, Treasury Minister postponed. Replaced by
    Yvette Cooper at The Treasury - Carol Wilcox and I to meet her soon.
    Thurs 31st Mtg Alain Chiaradia - architect and housing academic.
    
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    4b. Movement Progress: Classes in Nicaragua
    By Paul Martin, nssmga at ibw.com.ni, Director, Instituto Henry George,
    Managua, Nicaragua, http://www5.ibw.com.ni/~ihg, February 10, 2008
    
    We started the next Comprehending Economics (CE) course with 84
    registered students. We turned away another 52 who came to register.
    They all said they want to register for the next CE course in March.
    To see a photo of registration, visit our website. The IHG building is
    moving forward, slowly but surely. See the latest photo of that there,
    too.
    
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    4c. Movement Progress: Mayoral candidacy in San Diego
    By Floyd Morrow, fmorrow1 at cox.net, February 20, 2008
    
    I have taken out nomination papers to run for mayor of San Diego.
    Timing is great. Maybe even a perfect storm. Economic upheaval,
    strongest Democratic position ever! We have added 28,000 newly
    registered D's in the city where Kerry won by 14% points over Bush.
    The Georgist paradigm is more convincing than ever.
    
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    4d. Movement Progress: Lu Cipolloni turned 90
    By Richard L. Biddle, Director, Henry George School of Social Science
    & Henry George Birthplace Museum, HGSPhila at gmail.com
    
    Lu Cipolloni turned 90 January 28 and has been at work without a break
    in the Geo-vineyard since 1937 when she started serving as the
    Secretary and Registrar of the Henry George School's Philadelphia
    extension. Lu has served as a unpaid volunteer for more than 50 years,
    and is still going to work at HGS! Lu is a shining gem! Feel free to
    wish her happy birthday belatedly; email her at (luciacipol at
    aol.com) or send a card to the Henry George School, 413 South 10th
    Street, Philadelphia, PA 19147.
    
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    5a. Letters: Rent as percentage of GDP
    By Paul Martin, nssmga at ibw.com.ni, Director, Instituto Henry George,
    Managua, Nicaragua, February 14, 2008
    
    What percentage of GDP can be considered to be economic, or land,
    rent? Without some approximate number and some theoretical concept of
    how that could be arrived at, any interview I may have with government
    or media will be over in five minutes. I actually had a TV interview
    which was going very well until I got that question. I maneuvered
    masterfully around it, I'm sure, but I could feel the air go out of my
    credibility with my non-answer to a pretty key direct quantitative
    question. I think we should remember that our battle is in the realm
    of paradigm shifting and conceptual reality.
    
    For the last couple of years (since the aforementioned interview), I
    have been saying that rent can be as high as 35% of GDP in developed
    countries, and people buy it without blinking an eye, because rent is
    obviously a very real and huge flow. I got my 35% from a pamphlet by
    Gerstein, The Future of Taxation. In it, he cites figures put forward
    by Steve Cord, Fred Harrison, and Mason Gaffney. A series of
    "authoritative studies" on this subject is just what the doctor
    ordered. Can you offer me your credible sound byte PR answer to the
    question: What percentage of GDP can be considered to be (potentially
    taxable) economic, or land, rent?
    
    A study by Georgists would be one of the most useful things that
    Georgists could invest in. If we were lucky enough to have someone
    want to argue against it, let them show what the real number is. That
    would be a great service to our movement.
    
    Note by Adele Wick, RSF President, awetwo at comcast.net, February 21,
    2008: "Crescat scientia; vita excolatur." And, over the social
    sciences door, "Knowledge without measurement is meager." (or some
    such). Quiz: for which college/university am I quoting these mottos?
    
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    5b. Letters: National Rental Income Figures
    By Justin Keith, justindkeith at gmail.com, February 20, 2008
    
    I've heard various figures for the rental value privatized in the US.
    The typical range is $1 trillion to $3 trillion, usually at the higher
    end. I've seen you say an approximately $1000/mo citizen's dividend is
    possible. If we're assuming no governmental operating costs come out
    of that, that would still be around $3 trillion. I'm very interested
    in some of the hard numbers behind geonomics and was curious where you
    are getting these numbers. Thanks in advance for any help pointing me
    in the right direction.
    
    Editor's note: Anybody else care for a copy of a paper on data
    sources? Just send me an email.
    
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    6. Obituary: John Watkins, August 23, 1933 - December 27, 2007
    By Susan Grabski, uygrabski at yahoo.com, February 3, 2008
    
    My father was able to come to my home on December 22 for early
    Christmas dinner and gift exchange. His gift to us that night, beyond
    his gentle presence, was a photograph taken in November of this year.
    My father was admitted to the Community Hospice House in Merrimack, NH
    on Christmas Eve where he lived until his passing on Thursday,
    December 27, 2007. He died peacefully at approximately 1:30 PM with
    one hand held by his love and partner, Barbara, and the other hand in
    mine, his youngest child. My father had a wonderful spirit and died
    with grace and dignity. He loved and was loved. May he rest in peace.
    
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    7a. Likable link: Short film by Fred Harrison now available on youtube
    By Ed Dodson, ejdodson at comcast.net, February 25, 2008
    
    Fred Harrison has produced what I believe is a very effective
    seven-minute film explaining the relation between current taxation
    policies and poverty, introducing his current book, Ricardo's Law. His
    focus is on the UK, but the issues he raises are universal. Here is
    the link:
    
    http://rapidshare.com/files/95235763/Fred_Harrison_on_Ricardo.avi
    
    People invited to view the film will learn more in these seven minutes
    than they have learned watching a decade of mainstream documentaries
    on economics.
    
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    7b. Likable link: Latest Guardian
    By David Brooks, radical at aapt.net.au, February 23, 2008
    
    I trust the latest Guardian is of interest! Thanks for the responses.
    
    http://people.aapt.net.au/~radical
    
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    7c. Likable link: The American Monetary Institute (AMI)
    By Stephen Zarlenga, Ami, ami at taconic.net, February 6, 2008
    
    Here is some information on the present banking crisis.
    An essay: A Real Solution to the Banking/Monetary Crisis.
    
    The AMI has launched a blog at http://moneyreform.wordpress.com
    Make comments and ask questions about reforming our money system!
    
    Please ask any media in your area to consider interviewing me. So far
    they are only interviewing the bankers and brokers who created the
    crisis!
    
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    8. What You Can Do: Register for summer CGO Conference
    By Sue Walton, sns at swwalton.com, February 15, 2008
    
    For more information about the 2008 CGO conference and/or to register,
    please contact Sue or Scott Walton by email or at 847/475-0391.
    
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    9. At the Margin: Quips and Quotes (not too long after winter solstice)
    
    Little Johnny returned from school and told his father he'd got an "F"
    in arithmetic.
    "Why?" asked the father.
    "The teacher asked me how much was 2x3, so I told her 6."
    "But that's right!" The father replied.
    "Then she asked me how much was 3x2."
    "What the hell's the stupid difference?" asked the father.
    "That's what I said!"
    
    A clever person solves a problem; a wise person avoids it.
    - Albert Einstein
    
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    10a. Publication affairs: Contributing to this issue
    
    Along with those acknowledged above with each blurb,
    Editor: Jeffery J. Smith
    Assistant Editor: Caspar Davis
    Archivist: Stewart Goldwater
    Owner: The Robert Schalkenbach Foundation
    Founder: Adam Monroe
    
    Send your news and other interesting material to the Georgist News at
    jjs at geonomics.org or gn at progress.org. The deadline for the next
    issue is March 25.
    
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                           ABOUT THE GEORGIST NEWS
    
    The Georgist News, a project of the Robert Schalkenbach Foundation,
    is an email newsletter brought to you free of charge. Its purpose is
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    ==================================================================

    The Georgist News, Volume Ten, Number Nine, March 1, 2008