What's New: The good, the bad, and the ugly of Alberta's new royalty framework
Alberta's new royalty framework, released January 29 by the government, was one of the most anti-climactic pieces of new public policy released by the NDP government since coming to power last spring. Despite significant anticipation after a number of delays – and an extensive campaign of fear and doom-saying by the province’s oil industry and the extreme political right – five months of study and a 209-page report by the review panel ultimately led the government to assess that the existing regime was working well and that Albertans were getting their fair share of energy revenues after all.
What's New: Better Lives - Toronto
We live in a great city, but some of us are barely hanging on. Good jobs are getting harder to find. Over half of us don’t have the stable and secure jobs we need to support our families, participate in our communities, and plan for our futures -- jobs with predictable shifts, decent wages, and benefits that we can rely on. No wonder Toronto has become the most unequal city in Canada.
What's New: An Economy for the 1%
The global inequality crisis is reaching new extremes. The richest 1% now have more wealth than the rest of the world combined. Power and privilege is being used to skew the economic system to increase the gap between the richest and the rest. A global network of tax havens further enables the richest individuals to hide $7.6-trillion. The fight against poverty will not be won until the inequality crisis is tackled.
In The News Today
Can Sanders conquer the Democratic Party?
After Bernie Sanders' big victory in New Hampshire, Danny Katch asks what it would take for him to win the nomination--and the even bigger challenge of winning the party.
socialistworker.org | 11 Feb 2016, 6:00pm
Netanyahu plans fence around Israel to protect it from 'wild beasts'
Binyamin Netanyahu has announced his intention to “surround all of Israel with a fence” to protect the country from infiltration by both Palestinians and the citizens of surrounding Arab states, whom he described as “wild beasts”.
www.theguardian.com | 11 Feb 2016, 5:00pm
Global markets are no longer obeying economic common sense
One of the oddest things about 2016, so far at least, is how economic common sense is being twisted in all sorts of ways to explain what’s going on in the global economy. By the end of 2015 market commentators were clamouring for an interest rate rise from the Federal Reserve to restore confidence. Normally, the only reason to raise rates is if there is inflation in the economy and you want to squeeze it out.
www.theguardian.com | 11 Feb 2016, 4:00pm
Millennials have a higher opinion of socialism than of capitalism
In my column today, I mentioned that one reason millennials prefer Bernie Sanders to Hillary Clinton is that they’re not just willing to look past Sanders’s socialism — they actually like his socialism. It’s a feature, not a bug.
www.washingtonpost.com | 11 Feb 2016, 3:30pm
Will the NDP take on corporate power? It's time to choose.
Across Canada, NDP federal riding associations are meeting in preparation for an April 8-10 Edmonton convention, where there will be a leadership review. In a January 22 statement, Tom Mulcair said the party needs to focus on income inequality.
rabble.ca | 11 Feb 2016, 2:00pm
Vancouverites Are Fed Up With Perfectly Good Houses Being Torn Down
Only in Vancouver would a $7.4-million home in a desirable neighbourhood recently upgraded with $300,000 in renovations be slated for demolition to make way for a bigger, newer house. And people are sick of it.
www.huffingtonpost.ca | 11 Feb 2016, 1:30pm
Inequality Against Democracy: 10 Facts About the 1 Percent
Economic inequality inspired Occupy Wall Street, a movement that in a few short months transformed our political discourse with the concept of the “1 percent” and the “99 percent.” Today the presidential candidacy of Bernie Sanders is altering the political landscape with a call to reduce inequality.
ourfuture.org | 11 Feb 2016, 1:00pm
With no end in sight, Justin Trudeau has expanded Canada's war against ISIS
Sly Justin Trudeau. Critics are still attacking the prime minister for pulling back from the war against Islamic State militants. What they haven’t noticed is that his Liberal government has, in fact, expanded Canada’s role in this conflict.
www.thestar.com | 11 Feb 2016, 12:30pm
How the Bernie Sanders campaign became a force to be reckoned with
If the revolution rolls on much longer, Bernie Sanders will no longer need to finish his speeches at all. He may simply be able to rely on the audience to supply the punchlines.
www.theguardian.com | 11 Feb 2016, 11:00am
A New Caribbean Dictatorship: Puerto Rico's Financial Control Authority
On December 9, 2015, Senator Orrin Hatch (R–UT) introduced Senate Bill 2381, the “Puerto Rico Assistance Act of 2015.” It offers minor assistance: a temporary reduction in payroll taxes and a “development fund” of $3 billion. The real purpose of this bill is the installation of a six-member Financial Control Authority, which will rule over Puerto Rico.
www.latinorebels.com | 11 Feb 2016, 4:00am
Premier Kathleen Wynne and her Liberal MPPs -- who include Ottawa’s Marie-France Lalonde, Yasir Naqvi, Madeleine Meilleur, John Fraser, and Energy Minister Bob Chiarelli -- have started to privatize Hydro One.
80% of Ontarians oppose this privatization because they know it will drive our rates even higher. And the Financial Accountability Officer says it will cost Ontario hundreds of millions of dollars in lost revenue every year. Forever.
Only the wealthiest citizens benefit from hydro privatization; everybody else suffers higher hydro rates and eroded public services. The good news is that these privatizations can still be stopped, and even reversed. But we need your help. | PDF poster
7:00pm, Thursday February 11, 2016
Ottawa Library Main branch, Ottawa.