Millenials: the cheapest generation?
Nobody is suggesting that the American consumer has bought her last house or car—only that houses and cars may lose some of the outsize importance they’ve had to the economy for the past 10 or 20 years or more. “There are a lot of countries, Germany for example, where homeownership rates are a lot lower than ours, and they have healthy incomes,” said Robert Lerman, an Urban Institute fellow in labor and social policy. Simple arithmetic says that if Americans spend less money on cars and houses, they’ll have more money left over to spend or save—and not all of that will go to electronic gadgets.
Pakistani cleric arrested for framing 14-year-old-girl in a Koran burning
The Vatican, democracy movements and Western governments have all expressed concern about the case.Desmond Tutu: prosecute Bush and Blair for war crimes over the Iraq invasion
Human rights groups believe Pakistan’s strict blasphemy laws are being abused to target religious minorities or settle personal scores.
The issue is hugely sensitive in Pakistan, where 97 percent of the 180 million population are Muslims, and allegations of insulting Islam or the Prophet Mohammed often prompt a furious public reaction.
On what grounds do we decide that Robert Mugabe should go the International Criminal Court, Tony Blair should join the international speakers' circuit, bin Laden should be assassinated, but Iraq should be invaded, not because it possesses weapons of mass destruction, as Mr Bush's chief supporter, Mr Blair, confessed last week, but in order to get rid of Saddam Hussein?
The cost of the decision to rid Iraq of its by-all-accounts despotic and murderous leader has been staggering, beginning in Iraq itself. Last year, an average of 6.5 people died there each day in suicide attacks and vehicle bombs, according to the Iraqi Body Count project. More than 110,000 Iraqis have died in the conflict since 2003 and millions have been displaced. By the end of last year, nearly 4,500 American soldiers had been killed and more than 32,000 wounded.
The global, gangsta rap business model behind Mexican narco-balladeersOn these grounds alone, in a consistent world, those responsible for this suffering and loss of life should be treading the same path as some of their African and Asian peers who have been made to answer for their actions in the Hague.
“I keep meeting third-generation middle-class Chicano kids who grew up speaking English and listening to rap but who are now learning Spanish through the new narcocorridos,” says Brian Plascencia, the veteran manager of L.A. corrido group Los Nueves Rebeldes. “It’s not the negative influence some say it is. The narcocorridistas are the same as the gangsta rappers — ‘Fake it til you make it’. Do some artists occasionally hang out with mafia? So did Frank Sinatra.”
Listening to the Twiins place massive bets on the future — their email signature is “Taking Over The Music Industry!!!!” — it’s almost possible to forget that they’re talking about torture-filled polka party jams about Mexican cartel politics and the underdog heroics of hired killers. The music is banned from Mexican radio, and there is a movement in Mexican parliament to ban live performances. “I understand the critics’ viewpoint,” says Omar, “but right now young people want this, and what they want is my business. The demand will be there until the violence stops. Then we’ll sell something else.
Unemployment in Canada has only dropped 1% since the recession ended, less than the drop in the United States which dropped almost 2%.
Unemployment should be dropping like a rock in Canada, not staying pace with the United States.
So for the last 3 years, 2009- 2012 the Canadian economy has failed to produce jobs at a healthy clip, even though corporate taxes are on the verge of being the lowest of the G7 countries.