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Take the Annual Welfare Food Challenge!

Wednesday, October 16, 2013 (All day) - Wednesday, October 23, 2013 (All day)

Location

Vancouver, BC
Canada

Can you live on $610/month? If you’re on welfare, your $610 monthly cheque leaves you with a food budget of $26/week. During the week of October 16, join hundreds of people across the province in pledging to live on ONLY the food you can buy with $26. Take a stand against inadequate welfare rates. Join us in telling the world that it’s time to raise the rates.

Redeye

Haiti: Where Did The Money Go?

January 7, 2013
| After the earthquake in 2010, one in two American households contributed money to Haiti relief efforts. Yet Haiti is still struggling to recover from the devastation. A new film asks why.
Length: 17:14 minutes (15.79 MB)
Redeye

The price of offshore tax havens

August 15, 2012
| The wealthy of the world have trillions of dollars in assets hidden in offshore accounts or tax havens.
Length: 16:55 minutes (15.49 MB)
Redeye

The big banks' big secret

May 12, 2012
| In 2008 Stephen Harper said that Canada has the only banks in the western world that were not looking at bailouts. But a new report says that several banks did need extra money.
Length: 15:53
Alert! Radio from Canadian Dimension

Alert! #207: Occupy the System: Confronting Global Capitalism -- the 2012 Left Forum

March 15, 2012
| This episode of Alert! gives a taste of the Left Forum, a unique conference that convenes a broad spectrum of progressive intellectuals, activists, academics, organizations and the interested public.
Length: 53:23
Redeye

The growth of consumer debt

October 25, 2011
| Credit card debt began to rise sharply in the 1990s with major marketing campaigns. The middle class started to make up for a decline in real wages by using credit to make ends meet.
Length: 13:02

exchange and credit

 

"Banks create money. That is what they are there for. The manufacturing process consists of making a pen-and-ink or typewriter entry on a card in a book. That is all. Each and every time a bank makes a loan, new bank credit is created - new deposits - brand new money. Broadly speaking, all new money comes out of a bank in the form of loans. As loans are debts, then under the present system all money is debt." Graham Towers (1897-1975), Governor of the Bank of Canada from 1935-1955

Columnists

Challenging the private credit system: Who's bailing whom?

The time since 2008 has been a crucial historical moment for progressive economists to pull back the green curtain that surrounds the operation of the for-profit banking system, and expose that system for what it is: a government-protected, government-subsidized license to print money.

The problem is, as soon as you start saying things like that, people conclude you are some kind of wacked-out conspiracy theorist nut-bar. It sounds insane to claim that private banks have a license to create money out of thin air. As John Kenneth Galbraith put it, "The process by which banks create money is so simple that the mind is repelled."

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