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Housing prospects 'dismal': IMF

Saturday, November 13, 2010 0 comments

October 6, 2010

Housing prospects 'dismal': IMF

By STEVE LADURANTAYE
Globe and Mail Update

Says residential real estate will be a drag on worldwide economies for next 8 years, even in Canada

Residential housing will act as a drag on economies around the world for the next eight years, the International Monetary Fund said Wednesday, even in countries such as Canada that appear healthy.

In its October World Economic Survey, the organization warned of "dismal" prospects for real estate, saying "rebound" economies such as Canada and those in the Asia-Pacific region were faring well, but that government intervention to cool overheating markets means that real estate won't be a source of growth in the coming years.

The Canadian government stepped into the market earlier this year, making it more difficult to obtain a mortgage and requiring a higher down payment for investment properties. Higher interest rates in the next year are also expected to further quell the Canadian market, which has already shown signs of cooling.

As rates rise, many homeowners may not be able to afford the mortgages they took out when rates were low, the IMF cautioned.

"A feature of the real estate cycle over the past decade that differs vastly from past cycles is enhanced access to credit," the report stated.

"Easy monetary conditions and financial innovation gave households greater access to credit and led to a buildup in leverage. The process of deleveraging could make the macroecnomic impact of this housing bust greater than in the past."

Households take longer to deal with bad loans than financial institutions or the corporate sector, the IMF said, because houses can be difficult to sell. That's why a residential real estate recovery will take so long to happen.

"The recovery is likely to be slower than in recession triggered by problems related to corporate balance sheets," the report stated.

The report lumped Canada in with Asia-Pacific countries, because the recoveries in the real estate market have been similar. The IMF said "econometric estimates still show a deviation of house prices from fundamental values," cautioning that the Asian markets in particular are at risk from speculators trying to cash in on the market.

"In contrast to past recoveries, there appears to be little hope for a sustained upside boost to the overall economy from the real estate sector," the report stated. "In economies where real estate markets are in decline, the drag on real activity will continue. Where house prices and residential investment are rebounding, concern about bubbles is eliciting policy actions that will temper any short-term boost to economic activity."

Remembrance Day – Remembering who, and what?

Friday, November 12, 2010 0 comments


by Francis Dupuis-Déri
Le Devoir (Montreal)
Translated by S. Smith

November 11 is the anniversary of the armistice marking the end of the First World War, although the Canadian Army in fact continued fighting until 1919, deploying units in Siberia, with many conscripts from Montréal and Quebec City, in an attempt to thwart the Bolshevik advance. This day also marks the peak of the campaign around the red poppy, the felt and plastic symbol produced and sold by the Royal Canadian Legion but first adopted in 1920 in the United States by the American Legion in reference to the poem “In Flanders Fields” by the Canadian soldier John McCrae.

Written in the wake of the battle of Ypres, Belgium in May 1915, this poem reads as a call to arms directed to the youth by the 6,000 Canadian soldiers who were massacred in a few days: “To you from failing hands we throw / The torch; be yours to hold it high. / If ye break faith with us who die / We shall not sleep, though poppies grow / In Flanders fields.” It is explicitly militarist, as is the poppy, whose promoters consider it an expression of recognition of “all who have fallen”, to “all who still serve, and all who have come home again,” to quote the Toronto Star editorial of November 8, which calls on us to “honour the 152 who have died in Afghanistan and the tens of thousands who fell in other wars.”

For the Canadian War Museum, in Ottawa, the poppy is used “to remember and honour the many thousands of ... fellow Canadians who have died in war.” The Canadian Legion evokes “the selfless acts of our troops from all wars”. So it is a celebration of all the wars conducted by Canada and of all Canadian soldiers, even those who are still fighting in Afghanistan. This call for remembrance omits some troubling truths.

Protecting freedom, really?

The Legion states that “because of our war veterans ... we exist as a proud and free nation.” Speaking of freedom, there are at least four lies in this statement. First, the Army is an authoritarian and hierarchical institution that seriously limits its members’ freedom of action and speech. Second, the Canadian state has twice imposed conscription in time of war, a process that denies freedom. Third, in Canada, soldiers have often crushed the desire for freedom: the armed intervention against the First Nations, the Métis, the Patriotes, the union demonstrations, not to mention the October Crisis and the Oka crisis or the machine-gunning in 1918 of demonstrations in Quebec City against conscription. Four, Canada has not been attacked militarily for almost 200 years, with the exception of the Irish Fenian incursions around 1865 and the German submarines in the St. Lawrence, which never represented serious threats to the “proud and free nation” that populates Canada. This lie about an army that protects our freedoms is so commonly accepted that it has served to justify the war in Afghanistan, as if the Taliban without war planes and ships were threatening to invade Canada to impose their tyranny, under the nose of the United States!

Selfless?

Our politicians like to have an army not to defend Canada, but to deploy it abroad: the Boer war (1899-1902), the First World War and deployment in Siberia against the Bolsheviks, the Second World War, the Korean War, the Iraq war (1991), the war in Kosovo (against Serbia), the war in Afghanistan and “peace-keeping” operations.

While some Canadian soldiers threw themselves into these conflicts thinking they were serving a noble cause, they nevertheless often lost their life “in vain”, sacrificed by some politicians seeking political prestige in the country or wishing to obey the metropolis (Great Britain) and to participate in imperialist undertakings, to be appreciated in the diplomatic arena, to serve national industry in general and the arms industry in particular, or to have the feeling of power procured by the wars they declare and lead without themselves participating.

Furthermore, in a professional army like Canada’s, soldiers go to war for a wage and the allowances paid when they are “deployed”, their next promotion, a search for adventure, esprit de corps (conformity), or simply to obey orders. That they are courageous is not politically meaningful, of course; the Islamic militants who engage in suicide attacks are very courageous. And afterwards? Often, the selflessness of the soldiers is expressed instead in a lack of interest concerning the causes of the war they waged (“I go where I’m ordered”) and the peoples of the countries they invade, content to declare their lack of responsibility when they kill civilians.

Who remembers the civilian victims?

The veterans’ lobby consciously maneuvers to ensure that this tragic truth is forgotten. In 2007, the National Council of Veteran Associations in Canada successfully pressured the Canadian War Museum to withdraw a note reminding us that the massive bombing of Germany during the Second World War caused huge destruction and immense loss of lives: “The value and morality of the strategic bomber offensive against Germany remains bitterly contested.”

The U.S. historian Howard Zinn, who volunteered to fight fascism, has a more faithful recollection. He later admitted that he bombed some cities “without even considering whether there was any relationship between what I was doing and the elimination of fascism in the world.” He admitted acting “like a programmed robot” during these air missions that resulted in the death of more than a half-million civilians.

It’s no surprise that soldiers want to commemorate their dead; that’s what every army in the world does in regard to theirdead soldiers in their wars. But why don’t we — we civilians — not commemorate instead the civilians assassinated en masse in the wars waged by “our” soldiers and their allies?

On November 11 in 1933, in Great Britain, the Women’s Cooperative Guild launched the white poppy campaign, which symbolizes the desire to work toward a world without violence. This campaign was organized by the kin of men who had died in the First World War, but they refused to encourage militarism and war. And on November 11, 2008, Dan Murphy of the Vancouver Province said he would now take a pass on the red poppy. “I've come to see those lapel decorations, the choreographed Remembrance Day hoopla and all the grandiloquence about dead soldiers as mostly a marketing device for recruiting the next generation of dead soldiers. This year ..., on Remembrance Day, I'll spend some time thinking about ALL the people who end up dying in a war,” including the civilian victims.

On this Remembrance Day, let us remember that soldiers are often cannon fodder and that their sacrificial death on behalf of the flag must be deplored and denounced, not celebrated. As civilians, let us remember the thousands of civilian victims who have lost their lives in the wars our state waged on the pretext that they were serving our interest — including this never-ending illegitimate war in Afghanistan. Since the Western attack in 2001, 152 Canadian soldiers have died there, to be sure, but also more than 35,000 Afghan men and women, the majority civilians. “Our” soldiers are responsible for the death of how many of these civilian victims? Will we ever know? Can we forget them?

http://www.ledevoir.com/societe/actualites-en-societe/310686/jour-du-souvenir-se-souvenir-de-qui-de-quoi

Harper won't seek Parliament's okay to extend Afghan mission

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November 12, 2010
Harper won't seek Parliament's okay to extend Afghan mission
By BILL CURRY
Globe and Mail Update

Technical or training mission 'is something the executive can do on its own,' PM says

Extending Canada's military mission in Afghanistan does not require Parliament's approval because the new approach will focus on training, not combat, Prime Minister Stephen Harper said Friday.

In 2008, Mr. Harper opted to seek Parliament's support for a motion extending Canada's military mission in Afghanistan through to July 2011, a vote the government won easily 198-77.

But this time is different, Mr. Harper answered when asked if another extension, one that is focused on training Afghan soldiers in Kabul until 2014, would require a similar vote.

"My position is if you're going to put troops into combat, into a war situation, I do think for the sake of legitimacy, I do think the government does require the support of Parliament," he said. "But when we're talking simply about technical or training missions, I think that is something the executive can do on its own."

The Prime Minister said he was aware however of recent comments made by Liberal Leader Michael Ignatieff and Liberal foreign affairs critic Bob Rae that he said indicated they support a new training mission.

"Look, I do note that the Liberal party, Mr. Ignatieff, Mr. Rae have indicated for the past several months that they favour a training mission," he said. "If they have any specific ideas they want to share, I'm not resistant to having debates on that matter in the House of Commons. But I do think when it comes to decisions such as this, the government has to be free to act."

Tuesday, November 09, 2010 0 comments

NAZI RAMPAGE CONTINUES IN CALGARY

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By Kimball Cariou,
Peoples Voice Newspaper

The failure - or perhaps refusal would be more accurate - by the Calgary Police Service to take serious action to halt neo-Nazi violence has led to the most serious attack to date. Early in the morning of Monday, Nov. 8, prominent Anti-Racist Action organizer Jason Devine and a friend were brutally beaten by a gang of five thugs, apparently members of the so-called "Blood and Honour" fascist group.

While some early media reports called this a "home invasion robbery," nothing was stolen. The attack was clearly aimed at trying to silence and perhaps even kill the most outspoken campaigner against white power gangs which have terrorised Calgary in recent years.

The first report of the attack circulated on Facebook said that "At 1:30 am 5 males carried out an armed home invasion on the house of Anti‑Racist Activists Bonnie and Jason Devine... The armed assailants overwhelmed Jason and a friend who was visiting. They repeatedly beat Jason and his friend with blunt objects. His friend was bludgeoned throughout the head area and sustained a broken arm. Jason was surrounded as each assailant took turns beating his head, back, body, arms and legs, sustaining stitches and a concussion. Both were rushed to the hospital to receive treatment."

Speaking later that day to the Calgary Herald, Devine said he and his friend were sitting up in the kitchen after entertaining guests earlier in the evening, when they heard a loud noise. Within seconds, five black-clad men rushed into the room and began beating them.

"All of them had metal or wooden weapons," said Devine, who showed the newspaper a deep purple bruise on his midriff and bloody wounds on his back. He also received a large gash on the scalp, and his friend suffered a broken arm. After the attack, the men ran out to a waiting dark‑coloured SUV.

Bonnie Devine remained in her bedroom, phoning for emergency help. The couple's four children were asleep downstairs and did not witness the attack.

Questioned by People's Voice about the failure of the police to act following previous cases of neo-nazi attacks, a respondent at the Calgary police media line said simply that "evidence is required before charges can be brought."

Jason and Bonnie Devine have been the focus of neo-Nazi hatred for several years, in part because the couple are also well-known members of the Communist Party of Canada. Besides receiving death threats, their home has been vandalized on several occasions, including spray‑painting of nazi and white power symbols and slogans. The home was firebombed in February 2009, with their children sleeping inside.

The Calgary Police Service has dismissed these attacks and threats as a "dispute between extremists", even after a key Aryan Guard leader attempted to firebomb the home of one of his own followers.

In November 2009, police accused Aryan Guard member Kyle Robert McKee, and an unnamed 17‑year‑old male, of responsibility for a pipe bomb attack against the apartment of other Aryan Guard members.

In the wake of this incident, a statement was posted on the neo‑Nazi "Stormfront" website, announcing the disbanding of the Aryan Guard following internal disputes. This was denied by others, and the activities of the Calgary neo-Nazis continue unchecked.

Both the police and the Calgary media call the actions of the white power group "expressions of free speech." The Aryan Guard has repeatedly used March 21, the International Day Against Racial Discrimination, as an occasion to rally against so-called "anti-white" racism, marching with `White Pride Worldwide' flags and black combat boots. These marches have been met with massive community opposition, and the police have helped the neo-Nazis flee from protesters.

But this is not a "free speech" issue. Aryan Guard members and supporters in Calgary have been accused of several violent crimes against members of racialized communities, including Aboriginal people and immigrants.

Following an attack against the Devine home on Oct. 3, 2009, the Communist Party of Canada issued a statement warning that "The failure by the Calgary Police Service to seriously investigate neo‑Nazi violence against anti‑racist activists is a reckless and shocking dereliction of duty which endangers lives."

The Communist statement, proven correct by these latest events, said: "Despite its motto, `to maximize public safety in Calgary with vigilance, courage, and pride,' the Calgary Police Service has ignored repeated public appeals to take action. Aryan Guard members are suspects in various other crimes, including the beatings of a homeless man, a gay community member, and a cab driver from North Africa, but no arrests have resulted.

"This pattern has gone beyond neglect, into the territory of tacit encouragement of criminal activity. If serious injury or death results from further attacks, innocent blood will not only be on the hands of the perpetrators, but also on the hands of the Calgary Police Service which hides behind the feeble claim that `both sides are equally responsible' and that the Aryan Guard is simply `exercising its right to free speech.'

"The time has come for the City of Calgary and the Alberta provincial government to intervene in this crisis situation. Strong political leadership is required to replace Chief Rick Hanson with a police chief who is willing and capable of ensuring that swift action is taken to bring an end to these racist attacks. In the meantime, we extend our ongoing full solidarity to anti‑racist activists and all democratic‑minded citizens of Calgary who are standing up to the violent neo‑Nazis in their community."

Festival News - #3

Monday, November 08, 2010 0 comments

WFDY: Moroccan authorities attack El Aaiun protest camp

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Moroccan authorities brutally attack El Aaiun protest camp in Occupied Western Sahara

As it was expected to occur according to various Saharawi human rights activists and residents of the camp, Moroccan authorities had, early this morning, sent troops and police to forcible dismantle the Gdaim Izik camp, where more than 25,000 Sahrawi have set up tents to claim their human rights in the Western Sahara and the respect of their right to self-determination.The brutal intervention in the camp started at 06:00 AM local time this Monday, November 08th, 2010 and Moroccan military forces have been arriving in the area since yesterday to dismantle the camp. The military forces, gendarmerie and auxiliary forces are accompanied by helicopters flying over the area and launching flares that explode in the air to create panic among the residents as well as tear gas.

According to the latest reports, at least one Saharawi civilian has been killed and hundreds injured in the clashes as a result of the military and police brutal intervention. Several media sources have quoted witnesses as stating that Moroccan security forces targeted women, children and elderly people.

On October 30th, 2010 WFDY Comrade Tiago Vieira, President was Comrade Tiago was denied entry to assess the situation in the protest camp near El Aaiun in the occupied territories of Western Sahara. Equally several journalists, three Spanish regional MP’s and Izquierda Unida MEP Willy Meyers were all detained at the Morocco frontier over the weekend as they tried to visit the camp to witness first-hand the reality on the ground and were forcibly returned to Spain. Morocco has refused to allow international journalists or independent observers access to the camp in El Aaiun.

To prevent an escalation of this potentially tragic situation, WFDY calls upon the international community and all its member and friend organizations to exercise pressure on the Moroccan Kingdom to stop its military offensive against Saharawi civilians, lift the military blockade imposed on El Aaiun and the rest of the Saharawi cities and to allow full access to media, NGOs and international observers into the territory.

We also call upon the UN and the international organizations to urgently intervene to protect the defenceless civilians from the hatred and xenophobic acts committed against them by the Moroccan settlers and the security apparatus. Moroccan veto to the press and the international observers to avoid witnesses to its intervention illustrates the need to integrate Human Rights Monitoring to the MINURSO mandate.

Written by WFDY in: Africa, Statements | Tags:

Link: German anti-nuclear protest

Sunday, November 07, 2010 0 comments

 
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