Appendix - Finance

Personal Experience - Doug Moran, Hurricane Agnes Flood, Corning NY, 1972

Problem: Credit cards, debit cards, and ATMs are critically dependent on the telephone system to approve transactions, and the terminals that connect to the phone lines require electricity.

Requirements:

• Large infusion of cash to ameliorate break-down of electronic transactions
• Preparation for credit card companies to relax authentication of transactions
• Alternate practices for commercial establishments: partly how-to, partly encouragement and confidence building for alternate practices