NEXT MEETING: June 16, 2017

Single Payer Healthcare in California: Now is the Time

Eric Leenson, Co-Director of the Business Alliance for a Healthy California will discuss the Healthy California Act, a bill currently pending in the State Legislature. The Act will guarantee that every resident of California receives comprehensive medical services. Eric’s presentation will focus on why passage of the bill makes good business sense as well as serving the public interest.

Learn more about the Business Alliance at its website, and about the Healthy California Act here.

MEETING OF June 9, 2017

Welcome

Josh Surowitz presided over today’s proceedings, and began by noting “skeleton crew.” (Translation: Sid wasn’t here today so Josh performed double-duty, also serving also as Sergeant-at-Arms: collecting money, handing out meal tickets, and acting ornery. It was almost too much for him.) On cue, member spoke to the Flag and, during the invocation, contemplated lofty thoughts. Filling in for Sid’s Thought-for-the-day, Nick offered this about thoughts: “If the brain were simple enough, we’d be too simple to understand it.”

Visiting Rotarians and Guests

Our sole visitor was our guest speaker, Brian Beckon, who will discuss the current bill to enact a single-payer health care system in California.

Announcements

President Josh Surowitz announced very sad news. Erle Brown’s wife Phyllis Peres Brown passed away yesterday. They were married for 57 years. Phyllis often attended Club events so many of us came to know and appreciate her. We extend our deepest sympathies to Erle. A memorial service for Phyllis will held on Thursday, 15 June 2017, at 11 am at Wilson & Kratzer, 24th & Barrett.

Recognitions

Happy and Sad Dollars

Norm’s Nonsense

PROGRAM

Community Capital: Impact Investing for Everyone

Stacey introduced a guest who may have prompted some of us to rethink how we invest our money. Brian Beckon of Cutting Edge Capital explained the whys and the hows of “community capital.” First a definition: Community capital is investment capital raised publicly from an investor’s own community, and including all economic classes.

Why is community capital worth developing? Brian offered 3 reasons.

  • Community capital aligns the purpose of investments with the interests of the his or her community. Investors can see and enjoy their money improving the quality of community life..
  • This model of investment also “democratizes the economy” by promoting a diverse investor base, in which all can participate on a level playing field.
  • Community capital also keeps money circulating in the local economy. It builds wealth organically and adds resilience to a community.

-Nick Despota, Flywheel Editor