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Thursday, March 12, 2009

Food for Thought 4

Carol Goar of The Toronto Star thinks this is a time to ‘trim bloated pay Cheques’. She asks, ‘Is running a major corporation worth 400 times the average wage?’ and, ‘Is it really a sacrifice when a bank president trims his pay packet from $8.75 million to $3.8 million?’ Of course the answer is no and no, but it wouldn’t make any difference anyway, if the same system remains intact.

- It seems the economy is biting everywhere. Recently an evangelical Church charity lost its status when it was audited and it was found that donations were being used for trips to Hawaii, high fashion products, and personal expenses – caught with their hands in the cookie jar.

- Is the current economic crisis affecting poverty reduction? While the increases in the minimum wage are going ahead (up to $9.50/hour by March 31st.) the Toronto Star showed that the present Ontario government is long on promises, pledges, indications, but action on their 25 in 5 plan (25%poverty reduction in five years) is sorely lacking or waiting for a willing federal partner. The attitudes of the poverty bashing Harris years persist. Recently, Human resources Minister, Diane Finley rejected demand to pay unemployment insurance to all those who pay the premiums, saying,
“we do not want to make it lucrative for them to stay home and get paid for it.”
John Ayers

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