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Occupy protestors say it is 99% v 1%. Are they right? | News | guardian.co.uk - 0 views

  • Is it really 99% v 1%? It has become the rallying cry of the Occupy Wall Street movement - and the Occupy protests around the world. But is it true?
  • When Americans are asked how US wealth is distributed, they think the very richest fifth should own up to 40% of the national wealth - and that includes 90% of Republicans surveyed. In fact, that richest group owns 85% of the nation's wealth. Those surveyed also thought the bottom 120 million people should own around 10% of the national wealth. The reality: 0.3%
  • In 2010, the average American earned $26,487 - down over $2,000 in real terms on 2006. That's a drop of 5.27%, including inflation. If you were poor it's been an even bigger drop - the 24 million least wealthy households in America saw their average income go down by 10% From $12,276 in 2006 to $11,034 in 2010
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  • If you were super rich it went down too. The 400 wealthiest American households lost around 4%, including inflation Between 2006 and 2008
  • Part of the reason average Americans have been hit so hard is where their wealth comes from. Before the crash, middle-class Americans had 65% of their wealth tied up in their house.. But the richest 1% of the population kept most of their wealth in stocks and shares and business. So, when house prices went south, many Americans found their wealth disappearing too.
  • One in six Americans have no health insurance - 50 million people
  • Now, one in every seven Americans lives below the poverty line - that's a record 46.2 million people
  • Of every 17 Americans, at least one will be earning below the minimum wage of $7.25 per hour
  • 14.5% of Americans households are defined as "food insecure". That means for every seven households, one will have trouble putting enough food on the table
  • What about taxes? The 400 wealthiest households paid $19.6bn in taxes in 2008 - the latest year we have data. That's 1.9% of all the income tax the IRS collects
  • Is it the 99% v the 1% What do you think?
Tiffany Lazo

Canadian activists put out a simple Twitter hashtag: #OccupyWallStreet. After that, 'it... - 0 views

    • Tiffany Lazo
       
      Harper on Occupy Wall Street
  • This summer, the staff of the Canadian activist organization Adbusters gathered to brainstorm an idea.
  • the group sought to take the idea of regime change to America, focusing on the financial industry’s impact and influence on democracy.
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  • dbusters’s art department conceived an image of a ballerina, balanced on one pointed foot in mid-turn, standing atop Wall Street’s iconic “Charging Bull” sculpture. The juxtaposition was stark – an image both serene and aggressive. For the campaign, Adbusters chose a simple Twitter hashtag: #OccupyWallStreet.
  • thousands of protesters caught on to the message, which coalesced around a planned occupation in New York on Sept. 17th.
  • Mr. Lasn predicts the movement will evolve into a cascade of “surprise attacks” in 2012. Instead of large, long-term occupations, Mr. Lasn sees daily occupations of everywhere from banks to university economics departments.
  • “We've been one of the hubs for global activism for more than 20 years, and this is by far the biggest thing that's happened in our history,” he says. “When the moment is right, all it takes is a spark.”
  • Timeline of the Occupy movement Sept. 17 Generally regarded as the start of the movement, as protesters descend on Zuccotti Park. Oct. 1 More than 700 people are arrested during a protest march over the Brooklyn Bridge. Oct. 15 Massive protests in hundreds of cities around the world, organized in solidarity with the occupy movement. Oct. 25 A 24-year-old Iraq war veteran is severely injured during an Occupy Oakland protest when he is hit in the head by a projectile, allegedly thrown by police. Nov. 15 New York police attempt to begin clearing out Zuccotti Park. Nov. 18 Protesters at the University of California, Davis, are pepper-sprayed and video of the incident goes viral.
  • The genesis of Occupy Wall Street can be traced back to a group of Canadian activists
  • Fuelled by millions of mostly young protesters around the world, the Occupy Wall Street movement has not only redefined the terms of the debate around income inequality, but also revolutionized the very act of protest.
Rebecca Freiman

Import Export Canada Facts and Regulations - Import Export Business Training - 0 views

  • Most people probably don’t think of Import Export Canada as a major player in international trade, but exports make up about 45% of the country’s Gross Domestic Product (GDP). Canada also imports a wide variety of products, though until recently it was a net exporter of goods.
  • Canada is one of the few developed nations in the world that is a net exporter of energy, including electricity, natural gas, and crude oil.
  • The country exports other raw materials like wood pulp, timber, aluminum, wheat, grains, and other agricultural products. It also exports manufactured goods, including telecommunications equipment, industrial machinery, aircraft, motor vehicles, and motor vehicle parts, which together make up close to 20% of all exports. Plastics, fertilizers, and chemicals are also important products.
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  • The majority of Canadian imports consist of manufactured goods. The most common include machinery, sound recording and playing devices, televisions, DVD players, and other video equipment, which make up some 23% of all imports. Automobiles, trucks, boats, and other vehicles and parts make up the next-largest segment of the imports (16%), after which come mineral imports, chemical and allied products, and base metals and products made out of base metals.
  • The United States and Canada have a very close relationship in terms of international trade. Each is the others major import and export partner,
  • Though the import export Canada market is dominated by the United States, it does have other major trading partners scattered throughout the world.
  • Clearly, the market with the United States is the one to consider most carefully when getting involved in import export Canada.
  • Canada does put a variety of restrictions and taxes on certain goods imported into the country
Ben Cohen

Canada Income Inequality: Which Canadian Cities Are Seeing The Fastest Ghettoization? - 0 views

  • Calgary has seen a nearly 90 per cent increase in the wealth difference between its richest and poorest neighbourhoods over the past quarter century, making the city a poster boy for growing economic segregation
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    watch the video as well as the slide show on the website
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