Key to Paradise in Review: Part 1

As I said a couple of entries ago, I would jot down my thoughts about the recent conference we just had @ QSSC with Shaikh ‘Alî bin Hasan al-Halabî of Jordan and post them up for you eager beavers when I could get some time for it.

To those who were waiting to hear about how the conference went, I apologize for the long delay. As you know (that is, if you’re a regular visitor to my blog and actually read the blog entries), I’ve had my mind elsewhere trying to finish an article I had been working on for some time, as well as starting a new article (which will also probably take a long time to complete) due to some things that have come up that need addressing.

I’ll try to remember what I can regarding the details of the conference and whatever else I can remember from the shaikh’s visit. Hopefully, I remember enough about what went on to make this read worth your while. If not, then again, I apologize.

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Canadian Consumers Being Gouged at the Pumps

More worldly matters to write about … .

CityNews ran a short story on their site today about the current situation with gas prices here in Canada.

For those of you who don’t know, generally, here in Canada—and more specifically in major cities like Toronto and Vancouver—gas prices have been ridiculously high (recently reaching $1.08CND/L at one point here in Toronto—not sure how much that works out to USD/gal).

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“Second Chance” at Life & He’s Worried About His Debts?!

Browsing the same local news site mentioned in my previous post, I came across this story today: “Dying” Man Goes On Massive Spending Spree – Only To Find He’s Healthy. The story tells the tale of a 62-year-old British man whose doctors diagnosed him with pancreatic cancer and told him he had about six months to live. Read more of this post

The Rich … and the Rest of Us

I found this quite interesting, although not too surprising—after all, they do say that the rich just keep getting richer while the poor just keep getting poorer.

In one of today’s free dailies …

The rich … and the rest
Wealthy incomes soar as income gap grows

The vast majority of Canadian families — almost 80 per cent — are working more and earning less of the national economic pie than they did 30 years ago even as incomes of the richest families are soaring, says a new study to be released today.

What’s more, the growing income gap has hit a record high during an economic boom, a period when traditionally the gap between rich and poor has shrunk.

“The rich are getting richer, the poor aren’t going anywhere and there are fewer people in the middle to mediate the two extremes. We ignore these trends at our collective peril,” says the study by the Canadian Centre for Policy Alternatives, an independent research institute concerned with issues of social and economic justice.

The report, titled The Rich and the Rest of Us, shows that the richest 10 per cent of families with children — those with incomes more than $131,200 in 2004 — earned 82 times the amount earned by the poorest 10 per cent. In 1976, the richest families earned 31 times the amount of the poorest families.

The bottom half of families raising children, those earning less than $60,000 in 2004, earned less or stayed the same, in inflation-adjusted terms, compared to a generation ago. Those in between worked more hours to keep pace.

The report paints a stark portrait of the vast majority of families, including the middle class, working longer hours but losing ground.

  • Unsustainable  
    The study, based on Statistics Canada labour income data from 1976 to 2004, doesn’t say why most families aren’t sharing in the current economic boom, but it calls the trend “unsustainable.”   

TORSTAR NEWS SERVICE

Source: Metro News (Toronto).

 Edit: I found an editorial on this story in the Toronto Star. You can read it here.