We are facing 2009 with optimism that my long-predicted demise of “casino capitalism” is opening huge opportunities!  We find large constituencies in many countries who see these opportunities to

• reform global finance to serve people-centered sustainable development
• restore real productivity in homegrown, local, living economies
• reform monetary policies
• reduce greenhouse gas emissions and restore ecosystems
• accelerate the growth of the green economy and create new jobs

as I outlined in my keynote December 1^st at UNEP’s launch  of their Green Economy Initiative in Geneva (read more).

Another forecaster of the demise of “casino capitalism” is Nassim Taleb, author of The Black Swan with whom I have been corresponding on the need for the Nobel committee to de-link from the Bank of Sweden Prize in economics.  See his interview with Charlie Rose here.

Warmest Holiday Wishes to you all

Hazel

Ethical Markets Media, LLC

PO Box 5190, St. Augustine, FL  32085; Phone 904/829-3140,  Fax 904/826-0325

Visit www.EthicalMarkets.com  for the latest commentary on the crisis on Wall Street.

The holiday gift that everyone loves to hate may be just the thing to “re-gift” on Facebook this holiday season, providing support for those in need.

Two-pound fruitcake bricks will be given away through a PayPal application built on Facebook Platform by Tony Hawk, Jimmie Johnson, Yao Ming, Nicole Richie and Joel Madden, Ben Roethlisberger, and Fall Out Boy — to benefit their favorite charities.

Recipients will be invited via a personal video to contribute through PayPal to the charities and “re-gift” the fruitcake to friends and family all across the world.
The celebs sent out 10 virtual fruitcakes, the time-honored gift that no one wants, to ten friends on Facebook with a video message urging them to give back through PayPal or to simply re-gifting the fruitcakes to their friends for free to drive more awareness.

Everyone who re-gifts is featured on a map of the world that lets you track the fruitcake’s voyage around the globe – and you can see how much money each fruitcake has raised.

http://apps.facebook.com/regiftthefruitcake