Is it necessary to consume at the voracious pace we are?
Why is it so imperative that we spend more money than we have?
What will happen if we continue to live beyond our means?
Will our Earth recover from our extreme patterns of consumption?
Participate by not participating. Buy Nothing Day.
It is being reported that CanWest president Leonard Asper and Goldman Sachs managing director Gerry Cardinale issued a firm assurance that control of broadcasting decisions would remain in Canadian hands. This assurance is meant to give CanWest a majority of voting shares albeit in a minority position with a 36 per cent share in equity in the entity; meanwhile, 100-36=64 per cent majority position for the foreign investment bank, hooray!
While Goldman Sachs cannot cause CanWest to do anything, the foreign based partner has the ability to restrain CanWest from certain decisions and remains a role in strategic broadcasting decisions. Criticisms by the national actor’s union, ACTRA, in a recent statement have denounced the deal as foreign ownership of Canadian media by the back door. Union president Richard Hardacre believes ‘this deal effectively gives the US company control over a Canadian broadcaster, which is a violation of the Broadcasting Act and Canadian public policy.
In response to a violent crackdown last month by the Burmese government, Canada has announced tougher sanctions to be imposed on the military junta. ‘The strongest message has to be sent. Sanctions are the means by which we, not just Canada, but the international community, can best exert pressures against the military junta,’ said Foreign Affairs Minister Maxime Bernier.
In August, a pro-democracy uprising began as a result of the government’s decision to increase the price of fuel. An increase in the cost of staple items has caused pro-democracy activists, the hundred thousand or so monks, and others to march and protest in the streets of Burma.
This just in: Fox News sucks!
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