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Clothbank Newsletter May 23, 2009

Submitted by Greenhomemaker on Sat, 05/23/2009 - 09:28

Happy Memorial Day weekend ladies! (This time an American holiday tradition.) Having never celebrated a Memorial Day myself I looked it up and this is what I found "Memorial Day is a United States federal holiday observed on the last Monday of May (May 25 in 2009). Formerly known as Decoration Day, it commemorates U.S. men and women who died while in the military service." For you Canadian readers, it is a much warmer equivalent to our Remembrance Day. I m not sure how many people are sitting on their computer during a warm holiday weekend so I will keep this simple. I on the other hand have a babe napping so I have an excuse. :)

On to important matters. Pads!

Voting is still open on the Go With the Flow 11" bamboo number. The price has been changed so if that influenced your vote last time, you can amend it now. Go here to do so: http://clothbank.net/node/789

Pads waiting to be inventoried but are ready for purchase are as follows;

Kristin's Kreations, Heavy flow pad which can be viewed here: http://clothbank.net/node/759
Amy's Ragbag silk topper can be viewed here: http://clothbank.net/node/761
Thatpinksack! Buttons Med-Heavy: http://clothbank.net/node/763

These pads need some lovin' ladies! And the bank needs some shares back! So please, share the wealth!

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Recently it was asked that someone take on the job of reorganizing the front page of the bank. Karlypaige has taken on the role and so far she seems to be doing a bang up job. Thank you!

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I would like to take this time to let you know that Yurtcraft has two separate auctions at Clothpadshop.com with 100% of the proceeds going to Breast Cancer awareness. To quote from her post at her blog "I made a set of 4 reversible everyday liners, and I put them up for auction at my CPS store. I figure it's a win-win thing here. I cover the shipping and the cost of materials so that the lady who wins the auction gets a nice set of liners and the satisfaction of knowing that all she donated went to the cause..." You can view the entire entry here at her blog complete with pictures of the sets; http://yurtcraft.blogspot.com/2009/05/relay-for-life.html and you can bid on the sets here; http://us.clothpadshop.com/auctions.php?VA=2 and here: http://us.clothpadshop.com/auctions.php?VA=3 it is for a most worthy cause ladies, one very near and dear to us all I should think. :)

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Happy holiday weekend ladies, I hope it is filled with much love and laughter and maybe even a BBQ or two!
Cheers, Missy aka caramia @ LJ

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#1Submitted by laura on Sat, 05/23/2009 - 09:54.

About the bank needing shares

About the bank needing shares back... This is something that's opposite most monetary systems, so it's kinda hard to explain, but it's impossible for the bank to have shares. Shares only exist when they are in personal and community accounts. When you spend them at the bank, they disappear and are gone forever. Weird, huh?

To get the most out of your shares and to help the bank grow stronger, use shares to buy and sell things amongst yourselves via the offered and wanted listings, donate them to community accounts, and buy pads from the bank as you need them. It's good for bank inventory to circulate and it's always nice when a pad finds a happy home, but the bank doesn't make profits and doesn't actually benefit from taking shares back. Crazy, I know.

ETA Instead of putting shares back into the bank, the important thing is to make sure they are evenly distributed between individual and community accounts. Current distribution at a glance can be viewed here: http://clothbank.net/node/348 and is updated at random times.