From the site!!
"What is Cowbird?
Cowbird is a simple tool for telling stories,
and a public library of human experience.
We are a small community of storytellers, interested in telling deeper, longer-lasting, more nourishing stories than you're likely to find anywhere else on the Web.
Cowbird allows you to keep a beautiful audio-visual diary of your life, and to collaborate in documenting the overarching "sagas" that shape our world today. Sagas are things like the Japanese earthquake, the war in Iraq, and the Occupy Wall Street movement — things that touch millions of lives and define the human story.
Our short-term goal is to pioneer a new form of participatory journalism, grounded in the simple human stories behind major news events and universal themes. Our long-term goal is to build a public library of human experience, so the knowledge and wisdom we accumulate as individuals may live on as part of the commons, available for this and future generations to look to for guidance...."