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	<title>Island 94 &#187; money</title>
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	<link>http://www.island94.org</link>
	<description>Ben Sheldon&#039;s lost &#38; found</description>
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		<title>Social media is women’s work</title>
		<link>http://www.island94.org/2010/01/social-media-is-womens-work/</link>
		<comments>http://www.island94.org/2010/01/social-media-is-womens-work/#comments</comments>
		<pubDate>Sat, 16 Jan 2010 16:26:03 +0000</pubDate>
		<dc:creator>Ben</dc:creator>
				<category><![CDATA[compensation]]></category>
		<category><![CDATA[feminisim]]></category>
		<category><![CDATA[gender]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[nonprofits]]></category>
		<category><![CDATA[nptech]]></category>
		<category><![CDATA[pay]]></category>
		<category><![CDATA[sexism]]></category>

		<guid isPermaLink="false">http://www.island94.org/?p=1684</guid>
		<description><![CDATA[Some new commentary on the evolving nature of women’s work, as a follow-up to comments on gender-driven compensation in social work: .…as the social media world becomes more and more female-driven (after all, social media power  users tend to be female) will it become “demoted” in the tech industry, seen as a “soft” profession with lower [...]


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			<content:encoded><![CDATA[<p>Some <a href="http://thelearnedfangirl.com/2009/12/13/thinking-out-loud-is-social-media-the-new-pink-collar-ghetto-of-tech/">new commentary</a> on the evolving nature of women’s work, as a follow-up to comments on <a href="http://www.island94.org/2009/10/social-work-is-womens-work-so-we-dont-care/">gender-driven compensation in social work</a>:</p>
<blockquote><p>.…as the social media world becomes more and more female-driven (after all, social media power  users tend to be female) will it become “demoted” in the tech industry, seen as a “soft” profession with lower comparative salaries and less room for professional advancement/leadership? Has that already happened?</p></blockquote>
<p>via <a href="http://circuitous.org">Rebecca</a></p>


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		<title>The motion of gifts</title>
		<link>http://www.island94.org/2009/10/the-motion-of-gifts/</link>
		<comments>http://www.island94.org/2009/10/the-motion-of-gifts/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 21:36:57 +0000</pubDate>
		<dc:creator>Ben</dc:creator>
				<category><![CDATA[economics]]></category>
		<category><![CDATA[gifts]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[motion]]></category>
		<category><![CDATA[relationships]]></category>
		<category><![CDATA[trade]]></category>

		<guid isPermaLink="false">http://www.island94.org/?p=921</guid>
		<description><![CDATA[While referencing something in David Boyle’s The Little Money Book (my current read), I came across another Lewis Hyde essay, this time entitled “Some Food We Could Not Eat” included in Money and Faith, edited by Michael Schutt. This essay is also an adaptation of the first chapter of Hyde’s The Gift; I have quoted [...]


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			<content:encoded><![CDATA[<p>While referencing something in David Boyle’s <em>The Little Money Book</em> (my current read), I came across another Lewis Hyde essay, this time entitled “<a href="http://books.google.com/books?id=xy9S_PT4U0YC&amp;lpg=PA48&amp;ots=bTCu__a6-k&amp;dq=william%20bloom%20people%20do%20not%20work%20and%20create%20the%20economy%20because%20they%20want%20to%20support%20the%20economy.&amp;pg=PA48#v=onepage&amp;q=william%20bloom%20people%20do%20not%20work%20and%20create%20the%20economy%20because%20they%20want%20to%20support%20the%20economy.&amp;f=false">Some Food We Could Not Eat</a>” included in <em>Money and Faith</em>, edited by Michael Schutt.</p>
<p>This essay is also an adaptation of the first chapter of Hyde’s <em>The Gift;</em> I have quoted just a small piece of the wonder of the full essay, that I encourage to read in its entirety. For example, the sentence “When property is hoarded, thieves and beggars begin to be born to rich men’s wives.” is not included below:</p>
<blockquote><p>When the Puritans ﬁrst landed in Massachusetts, they discovered a thing so curious about the Indians’ feelings for property that they felt called upon to give it a name. In 1764, when Thomas Hutchinson wrote his history of the colony, the term was already an old saying: “An Indian gift,” he told his readers, “is a proverbial expression signifying a present for which an equivalent return is expected.” We still use this, of course, and in an even broader sense, calling that friend an Indian giver who is so uncivilized as to ask us to return a gift he has given.</p>
<p>Imagine a scene. An Englishman comes into an Indian lodge, and his hosts, wishing to make their guest feel welcome, ask him to share a pipe of tobacco. Carved from a soft red stone, the pipe itself is a peace offering that has traditionally circulated among the local tribes, staying in each lodge for a time but always given away again sooner or later. And so the Indians, as is only polite among their people, give the pipe to their guest when he leaves. The Englishman is tickled pink. What a nice thing to send back to the British Museum! He takes it home and sets it on the mantelpiece. A time passes and the leaders of a neighboring tribe come to visit the colonist’s home. To his surprise he ﬁnds his guests have some expectation in regard to his pipe, and his translator ﬁnally explains to him that if he wishes to show his goodwill he should offer them a smoke and give them the pipe. In consternation the Englishman invents a phrase to describe these people with such a limited sense of private property. The opposite of “Indian giver” would be some  thing like “white man keeper” (or maybe “capitalist”), that is, a person whose instinct is to remove property from circulation, to put it in a warehouse or museum (or, more to the point for capitalism, to lay it aside to be used for production).</p>
<p>The Indian giver (or the original one, at any rate) understood a cardinal property of the gift: whatever we have been given is supposed to be given away again, not kept. Or, if it is kept, something of similar value should move on in its stead, the way a billiard ball may stop when it sends another scurrying across the felt, its momentum transferred. You may keep your Christmas present, but it ceases to be a gift in the true sense unless you have given something else away. As it is passed along, the gift may be given back to the original donor, but this is not essential. In fact, it is better if the gift is not returned but is given instead to some new, third party. The only essential is this: the gift must always move. There are other forms of property that stand still, that mark a boundary or resist momentum, but the gift keeps going.</p>
<p>Tribal peoples usually distinguish between gifts and capital. Commonly they have a law that repeats the sensibility implicit in the idea of an Indian gift. “One man’s gift,” they say, “must not be another man’s capital.” Wendy James, a British social anthropogist, tells us that among the Uduk in northeast Africa, “any wealth transferred from one subclan to another, whether animals, grain or money, is in given away again, not kept. the nature of a gift, and should be consumed, and not invested for growth. If such transferred wealth is added to the subclan’s capital [cattle in this case] and kept for growth and investment, the subclan is regarded as being in an immoral relation of debt to the donors of the original gift.” If a pair of goats received as a gift from another subclan is kept to breed or to buy cattle, “there will be general complaint that the so-and-so’s are getting rich at someone else’s expense, behaving immorally by hoarding and investing gifts, and therefore being in a state of severe debt. It will be expected that they will soon suffer storm damage.…”</p>
<p>The goats in this example move from one clan to another just as the stone pipemoved from person to person in my imaginary scene. And what happens then? If the object is a gift, it keeps moving, which in this case means that the man who received the goats throws a big party and everyone gets fed. The goats needn’t be given back, but they surely can’t be set aside to produce milk or more goats. And a new note has been added: the feeling that if a gift is not treated as such, if one form of property is convened into another, something horrible will happen. In folk tales the person who tries to hold on to a gift usually dies; in this anecdote the risk is “storm damage.” (What happens in fact to most tribal groups is worse than storm damage. Where someone manages to commercialize a tribe’s gift relationships the social fabric of the group is invariably destroyed.)</p>
<p>…Many of the most famous of the gift systems we know about center on food and treat durable goods as if they were food. The potlatch of the American Indians along the North Paciﬁc coast was originally a “big feed.” At its simplest a potlatch was a feast lasting several days given by a member of a tribe who wanted his rank in the group to be publicly recognized. Marcel Mauss translates the verb “potlatch” as “to nourish” or “to consume.” Used as a noun, a “potlatch” is a “feeder” or “place to be satiated.” Potlatches included durable goods, but the point of the festival was to have these perish as if they were food. Houses were burned; ceremonial objects were broken and thrown into the sea. One of the potlatch tribes, the Haida, called their feasting “killing wealth.”</p>
<p>To say that the gift is used up, consumed and eaten sometimes means that it is truly destroyed as in these last examples, but more simply and accurately it means that the gift perishes for the person who gives it away. In gift exchange the transaction itself consumes the object. Now, it is true that something often comes back when a gift is given, but if this were made an explicit condition of the exchange, it wouldn’t be a gift.…This, then, is how I use “consume” to speak of a gift—a gift is consumed when it moves from one hand to another with no assurance of anything in return. There is little difference, therefore, between its consumption and its movement. A market exchange has an equilibrium or stasis: you pay to balance the scale. But when you give a gift there is momentum, and the weight shifts from body to body.</p>
<p>I must add one more word on what it is to consume, because the Western industrial world is famous for its “consumer goods” and they are not at all what I mean. Again, the difference is in the form of the exchange, a thing we can feel most concretely in the form of the goods themselves. I remember the time I went to my ﬁrst rare book fair and saw how the ﬁrst editions of Thoreau and Whitman and Crane had been carefully packaged in heat-shrunk plastic with the price tags on the inside. Somehow the simple addition of airtight plastic bags had transformed the books from vehicles of liveliness into commodities, like bread made with chemicals to keep it from perishing. In commodity exchange it’s as if the buyer and the seller were both in plastic bags; there’s none of the contact of a gift exchange. There is neither motion nor emotion because the whole point is to keep the balance, to make sure the exchange itself doesn’t consume anything or involve one person with another. Consumer goods are consumed by their owners, not by their exchange.</p>
<p>The desire to consume is a kind of lust. We long to have the world ﬂow through us like air or food. We are thirsty and hungry for something that can only be carried inside bodies. But consumer goods merely bait this lust, they do not satisfy it. The consumer of commodities is invited to a meal without passion, a consumption that leads to neither satiation nor ﬁre. He is a stranger seduced into feeding on the drippings of someone else’s capital without beneﬁt of its inner nourishment, and he is hungry at the end of the meal, depressed and weary as we all feel when lust has dragged us from the house and led us to nothing.</p></blockquote>


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		<title>Twenty-four dollars</title>
		<link>http://www.island94.org/2009/10/twenty-four-dollars/</link>
		<comments>http://www.island94.org/2009/10/twenty-four-dollars/#comments</comments>
		<pubDate>Tue, 27 Oct 2009 02:28:31 +0000</pubDate>
		<dc:creator>Ben</dc:creator>
				<category><![CDATA[indigenous peoples]]></category>
		<category><![CDATA[manhattan]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[vague title]]></category>

		<guid isPermaLink="false">http://www.island94.org/?p=887</guid>
		<description><![CDATA[This weekend was Boston’s first book festival. I purchased The Little Money Book by David Boyle (“What is money? What is it really worth? Who decides?”). The following is from the opening chapter (“Why publish this book?”) and is a speech delivered to European heads of state by a representative of South American indigenous communities: [...]


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			<content:encoded><![CDATA[<p>This weekend was Boston’s first book festival. I purchased <em>The Little Money Book</em> by David Boyle (“What is money? What is it really worth? Who decides?”). The following is from the opening chapter (“Why publish this book?”) and is a speech delivered to European heads of state by a representative of South American indigenous communities:</p>
<blockquote><p>I, Guaicaipuro Cuatemoc, have come to meet with the participants of this meeting.</p>
<p>Here I, descendant of those who have lived in America for 40,000 years, have come to meet those who met us 500 years ago.</p>
<p>My brother, the European usuurer, asks me to repay a debt of treachery from a Judas I never authorized to put me up for collateral.</p>
<p>My brother, the European hypocrite, explains to me that all debts must be paid with interest even while he buys and sells Human beings and entire countries without their consent.</p>
<p>I have been discovering these things. I too claim payment and I too claim interest.</p>
<p>Proven it is, in the archives of native peoples, by paper upon paper, receipt upon receipt, and signature upon signature, that between the years 1503 and 1660 there arrived at San Lucas de Barrameda 185,000 kilos of gold and 16,000,000 kilos of silver from the Americas.</p>
<p>Those 185,000 kilos of gold and 16,000,000 kilos of silver should be seen as the first of many, many friendly loans from the Americas towards European development. The contrary would be to assume war crimes and not only immediate recompense, but indemnity for damages, pain and suffering.</p>
<p>Such a fabulous transfer of capitol was no less than the beginning of a ‘Marshall Tesuma’ plan, to guarantee the reconstruction of a barbaric Europe, ruined by wars against (a very civilised) Islam.</p>
<p>So. To celebrate the Fifth Centennial of the IOU, we can ask: have our European brothers made rational, responsible or even productive use of these amounts so generously advanced by the International Indo-American Fund?</p>
<p>Sadly the answer is —‘no’. In the campaigns they squandered it — in the battles of Lepanto, in invincible armadas, in third reichs, in every form of mutual extermination.</p>
<p>They have been unable, despite a 500 year moratorium, to repay the principal and interest, let alone to live free of the further dividends, the raw materials and cheap energy exported and continually provided to them by all the ‘third world.’</p>
<p>This deplorable vista corroborates Milton Friedman’s view that a subsidised economy can never function and obliges us, for their own good, to demand payment of the principal and interest that we have waited so generously for all these centuries to reclaim. Let it be clear that we do not stoop to charging the villainous leech rates of 20% and up to 30% that our European brothers charge the peoples of the third world. We merely require the return of the precious metals advanced, plus the modest accumulated interest of 10% for a period of 300 years with a two hundred year period of grace.</p>
<p>On this basis, and applying the European formula for compound interest, we advice our (discoverers) that they owe us, as initial payment on the debt, a mass of 185, 000 kilos of gold and 16,000,000 kilos of silver. As for the interest, we are owed 440, 000, 000, 000, 000, 000 kilos of gold and 38, 000, 000, 000, 000, 000, 000 kilos of silver (or 1% of the mass of the Moon). At the rates of mid 2002 that equates to a total of $391, 000, 000, 000, 000, 000, 000.</p>
<p>To infer that Europe, in half a millennium, has not been able to generate sufficient wealth to pay off this modest interest, would be to admit the abject failure of its financial system and the demented irrationality of the premises of capitalism.</p>
<p>Such metaphysical questions, however, do not disturb us Indo-americans.</p>
<p>But, what if we were to require the signing of a Letter of Intent to discipline the indebted peoples of the Old World, and to oblige them to fulfill their obligations by means of rapid privatisations and fiscal restraint, as the first step in payment of this historic debt.…</p>
</blockquote>
<p>This speech is <a href="http://www.google.com/search?as_q=Guaicaipuro%20Cuatemoc">heavily reprinted in Spanish</a>, but not in English (other than a <a href="http://www.myspace.com/thearmed909">NSFW MySpace page</a> with an ass-on-plexiglass background)</p>


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		<title>Nonprofit Budgeting Scenario</title>
		<link>http://www.island94.org/2009/10/nonprofit-budgeting-scenario/</link>
		<comments>http://www.island94.org/2009/10/nonprofit-budgeting-scenario/#comments</comments>
		<pubDate>Fri, 02 Oct 2009 20:34:30 +0000</pubDate>
		<dc:creator>Ben</dc:creator>
				<category><![CDATA[AmeriCorps]]></category>
		<category><![CDATA[fun]]></category>
		<category><![CDATA[hard times]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[portfolio]]></category>
		<category><![CDATA[roleplay]]></category>

		<guid isPermaLink="false">http://www.island94.org/?p=752</guid>
		<description><![CDATA[<p><figure title=""><img src="http://www.island94.org/wp-content/uploads/2009/10/np-budget-worksheet.png" class="attachment-h5bp-post-image wp-post-image" alt="np-budget-worksheet" title="np-budget-worksheet" /></figure></p>While cleaning up some files, I came across this awesome scenario I wrote for our AmeriCorps*VISTA orientation last summer. I wrote it to give our new service members an idea of what it's like to enter a small community nonprofit organization in contemporary times: under-staffed, under-resourced, broadly missioned, lacking in a comprehensive strategic plan. Most [...]<p><a href="http://www.island94.org/2009/10/nonprofit-budgeting-scenario/">&#9734; Permalink</a></p>


<strong>Related posts:</strong><ol><li><a href='http://www.island94.org/2011/03/advocacy-in-print-survival-news-for-2011/' rel='bookmark' title='Advocacy in print — Survival News for 2011'>Advocacy in print — Survival News for 2011</a> <small>Today I sent another issue of Survival News—“the voices of low-income women”—to the printers; this is my second year as...</small></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p><figure title=""><img src="http://www.island94.org/wp-content/uploads/2009/10/np-budget-worksheet.png" class="attachment-h5bp-post-image wp-post-image" alt="np-budget-worksheet" title="np-budget-worksheet" /></figure></p><p>While cleaning up some files, I came across this awesome scenario I wrote for our AmeriCorps*VISTA orientation last summer. I wrote it to give our new service members an idea of what it's like to enter a small community nonprofit organization in contemporary times: under-staffed, under-resourced, broadly missioned, lacking in a comprehensive strategic plan. Most importantly, the nonprofit in this scenario lacks a well-prepared board... which is the role <em>you</em> play in this scenario.</p>
<p>I pasted the text of the  scenario below, though you can download the whole thing along with the budget worksheet in a <a href="http://www.island94.org/wp-content/uploads/2009/10/Nonprofit-Realities-Budgeting-Scenario.doc">word document(.doc)</a>.</p>
<blockquote><p><strong>Nonprofit Board of Directors Roleplay:</strong> <strong> </strong></p>
<p><span style="text-decoration: underline;"><strong>Rural Food Services </strong></span></p>
<p><strong> </strong><strong> </strong></p>
<p><strong>Mission: “<em>SERVING the needs of Spring County</em>”</strong></p>
<p><strong>Summary:</strong></p>
<p><span style="text-decoration: underline;">You and your table</span> make up the Board of Directors of a small nonprofit organization: a rural food-bank that also houses a community radio station. As the Board of Directors, you are responsible for setting overall strategy: balancing the health of the organization with the needs of the community. Every year you create an Annual Budget that provides the Executive Director with the expected income and expenses she is to manage. Unfortunately, you were just informed by your primary funder, a Private Foundation, that due to the current economic climate, all funding will be cut by 50%.</p>
<p>Using the following information about the organization and the community—and your own experiences and imagination—<span style="text-decoration: underline;">together</span> design an Annual Budget that balances expenses with the newly reduced income. <em>There is no “right” answer.</em></p>
<p>You have been provided with a Budget Worksheet to help you understand the current expenses and plan your cuts. <em>Do not sweat the math so much as what your overall cost-cutting strategy is.</em></p>
<p><em> </em><em> </em>Be creative, but remember that this is a very common scenario that nonprofit organizations find themselves in.</p>
<p>At the end of this activity, your group will be asked to briefly share your budget with the room. While you do not need to go line by line, you should summarize your overall strategy for the budget, where you had to make major cuts, and the impact you expect those cuts to have upon the organization, its services and the community.</p>
<p><strong>Background:</strong></p>
<p>Your organization, Rural Food Services is the only Food Bank in rural Spring County. Covering 1,200 square-miles, Spring County has a population of 40,000 , an average age of 42, and a median income of $22,500. Light commercial (call centers) and light manufacturing (automotive and industrial parts) are the primary employers. And a WalMart Supercenter.</p>
<p>Rural Food Services was founded in the early 1980s to provide free and reduced-cost food and staples to rural Spring County. It is the only Food Bank in Spring County.  20% of residents (8,000 people) in the county receive aid from the Food Bank each year.  The food itself is donated from distributors and the government, but Rural Food Services must pickup and store the food, dispose of rotten or expired food, and comply with licensing and inspection requirements.</p>
<p>In the year 2000, the organization applied for and received a low-power, non-commercial radio license. Since then, KSRV has been broadcasting local news, disaster alerts and community-produced stories from a small studio in a former storage room.  KSRV is the only non-commercial radio station serving Spring County, and the only radio station that consistently covers local issues. All programming is created locally by volunteers, but Rural Food Services must pay for music licensing, antenna-tower rental and equipment maintenance.</p>
<p>Rural Food Services depends upon volunteers for nearly all of its operations. In addition to the Executive Director, the staff only includes a Finance/Operations Manager, a Grants/Fundraising Manager, and a Volunteer Manager.<strong> </strong></p>
<p><strong>Current Circumstances: </strong>You have just been informed that your primary funder, the Pierpont Memorial Trust, has decided to reduce all grants by 50% because of the current economic climate. Though your organization receives a mixture of private and government grants, individual donations and earned income, this news will severely impact your organization in the coming year. Tough decisions have to be made about how to cut costs with the knowledge that the need for your organization’s services has not lessened (they have most likely grown). The questions you must tackle include:</p>
<ul>
<li>What do <em>you </em> think the organization’s priorities are? Immediate and long-term</li>
<li>What values do <em>you</em>think the organization should protect? Internally and externally.</li>
<li>What sacrifices are <em>you</em> willing to make to get the organization through the year?</li>
</ul>
<p>In addition to cutting expenses, Rural Food Services has two “Earned Income” strategies for creating income based on their services, though each has its own drawbacks and implications.</p>
<ol>
<li>Sliding Scale Fee charged to individuals using the Food Bank depending on their ability to pay. Increasing this income increases the amount charged to Rural Food Services’s clients.</li>
<li>Underwriting (advertising) for the Radio Station from local and national businesses. Increasing this income will reduce the local/independent focus of the station’s community-led programming.</li>
</ol>
<p>Lastly, income from Individual Donations (“Individual Giving”) has been left open. While the current economic climate forecasts a decrease in individual giving, you could recommend the implementation of aggressive individual fundraising (especially from “Major Donors”); though such a strategy would require significant inputs of staff time and resources.</p>
<p><strong>The Budget Making Process:</strong></p>
<p>As the Board of Directors, you have control over how much money is allocated for specific expenses (“line items”) in the budget. For example, “staffing” or “rent”. You must take into account the impact of that reduction upon the activities that money is used for—though ultimately it is the role of the Executive Director (not yours) to cut costs <em>within</em> a particular line item. For example, you can decide to cut staffing costs by $20,000, but it is the Executive Director’s role to decide whether that becomes an across the board pay-cut or the elimination of a position. You still must take into account the impact such a cut will have though and make a recommendation for what that cut will look like.</p>
<p><strong>Examples:</strong></p>
<p>Reduce   Staffing by $20,000 - The   Volunteer Manager position could be reduced to half-time. Volunteers   themselves could take over some responsibilities.</p>
<p>Reduce   Equipment Maintenance budget by $5,000 - Try to   stretch things out. Seek equipment donations if necessary.</p>
<p>Stop   providing Health Insurance - Staff can   apply for individual coverage (a de facto pay-cut)</p>
<p><strong>Budget Worksheet:</strong> <em>this can be downloaded in the <a href="http://www.island94.org/wp-content/uploads/2009/10/Nonprofit-Realities-Budgeting-Scenario.doc">attached Word Document</a>.</em></p>
<p><em><a href="http://www.island94.org/wp-content/uploads/2009/10/np-budget-worksheet.png"><img class="aligncenter size-medium wp-image-756" title="np-budget-worksheet" src="http://www.island94.org/wp-content/uploads/2009/10/np-budget-worksheet-500x594.png" alt="np-budget-worksheet" width="500" height="594" /></a><br />
</em></p></blockquote>


<p><strong>Related posts:</strong><ol><li><a href='http://www.island94.org/2011/03/advocacy-in-print-survival-news-for-2011/' rel='bookmark' title='Advocacy in print — Survival News for 2011'>Advocacy in print — Survival News for 2011</a> <small>Today I sent another issue of Survival News—“the voices of low-income women”—to the printers; this is my second year as...</small></li>
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