Author: automata

MMF threatens legal action over homeless encampments near head office

MMF threatens legal action over homeless encampments near head office

One of many homeless camps in Winnipeg. This one is one block east of Main Street, at Higgins Avenue. Wednesday, May 13/2020. Winnipeg Sun/Chris Procaylo/stf The Manitoba Metis Federation (MMF) has sent two letters to the City of Winnipeg about the homeless encampment next to its headquarters near Disraeli Freeway.

Legal action will be taken by MMF if the city does not do its part to deal with the homeless encampment.

MMF President, David Chartrand said the first letter was sent to Winnipeg Mayor Brian Bowman on May 11 and the second letter was sent on Tuesday (June 2).“The letters ask […]

‘When All Men Are Paid for Existing’: Universal Basic Income Has Arrived

‘When All Men Are Paid for Existing’: Universal Basic Income Has Arrived

© REUTERS / Sergio Perez The government of Pedro Sanchez will devote 3 billion euros to the establishment of the minimum living income. In Spain, the socialist government of Pedro Sanchez must approve this Tuesday, May 26, a project awaited for months by the left electorate, and by its ally Podemos: the establishment of a "minimum living income". Amid all the momentous events that have defined the coronavirus pandemic, the decision by both the Trump administration and, in near-unanimous votes, both houses of Congress to institute a “stimulus” program — an element of which amounts to a de facto […]

The time for a Universal Basic Income is ripe

The time for a Universal Basic Income is ripe

THE Archbishop of Canterbury launched his “war on Wonga” in 2013, as a campaign against household debt. In 2008, debt had reached 147 per cent of household disposable income. Hovering just under 130 per cent since then, in 2019 it stood at 126.8 per cent. According to the Financial Conduct Authority , 12 per cent of UK adults (5.9 million people) have no savings and investments at all. Of those in the most vulnerable financial category, 3.7 million could only cover living expenses for a week if they lost their main source of income.

And this was before the coronavirus […]

Seniors to receive one-time payment the week of July 6

Seniors to receive one-time payment the week of July 6

Prime Minister Justin Trudeau holds a daily media availability to update Canadians on the response to the ongoing COVID-19 pandemic on May 21, 2020. Andrew Meade/iPolitics Seniors receiving Old Age Security (OAS) benefits can expect a one-time $300 payment the week of July 6, Prime Minister Justin Trudeau said Thursday.

Trudeau said the payments will be automatically processed, meaning seniors currently receiving OAS benefits will not have to apply.

READ MORE : Federal government giving seniors one-time payment up to $500 to help with COVID-19 costs Seniors receiving OAS benefits will receive a one-time payment of $300, while those receiving […]

Liberals Say Delay In COVID-19 Aid For Seniors Was To Prevent Fraud

Liberals Say Delay In COVID-19 Aid For Seniors Was To Prevent Fraud

Seniors Minister Deb Schulte speaks during a press conference on Parliament Hill on June 4, 2020. OTTAWA — A special one-time payment to millions of seniors will arrive in early July, a delay the Liberals say is the result of ensuring there isn’t any fraud in the pandemic-related top-up.

The aid will come in the form of $300 payments to the more than six million people who receive old-age security benefits, and an additional $200 for the 2.2 million who also receive the guaranteed income supplement.

Seniors who already receive benefits won’t have to apply for the special payment that will […]

‘When All Men Are Paid for Existing’: Universal Basic Income Has Arrived

‘When All Men Are Paid for Existing’: Universal Basic Income Has Arrived

Such an expansion of the welfare state would have once kept conservatives awake at night.

Amid all the momentous events that have defined the coronavirus pandemic, the decision by both the Trump administration and, in near-unanimous votes, both houses of Congress to institute a “stimulus” program — an element of which amounts to a de facto universal basic income (UBI) — is perhaps the least appreciated.

Paying individuals a flat check of $1,200, is, effectively, a one-time UBI. Legislators are already considering a second round.The long-term import of this is significant. At a time when the two parties can agree on […]

If There’s a Robot Revolution Coming, It Won’t Be From Apple

If There’s a Robot Revolution Coming, It Won’t Be From Apple

One might think that the world’s first trillion-dollar company would be at the forefront of manufacturing technology, especially when it’s a company that produces billions of dollars in consumer electronics every year, but it seems that as much as Apple has tried to kick off the machine revolution, its been discovering the hard way that humans can still do things on the assembly lines that robots can’t.

A new report from The Information explains how Apple has been trying to build completely automated factories in China for almost eight years now, and yet it’s faced repeated challenges in trying to […]

Rebuilding America: Financial services are busy helping clients adapt in economic uncertainty

Rebuilding America: Financial services are busy helping clients adapt in economic uncertainty

As in every corner of the economy, the financial services sector is feeling the effects of the COVID-19 pandemic.

Financial planners, accountants and insurance brokers say they are quickly changing how they do business. But with small businesses making up a significant proportion of their clients, they worry that a longer shutdown, an end to government deadline extensions and a drop-off in stimulus programs will cause large-scale business failures and more economic pain.

Financial planningThe instability of the stock market is already causing shifts in investment advice. A blind reliance on a 401(k) for retirement savings, thanks to an 11-year stock […]

Parenting Is a Job. The Government Should Cut Parents Checks

Parenting Is a Job. The Government Should Cut Parents Checks

Despite the fact that the payments, $1,200 per adult and $500 per child, represented an odd sort of governmental arithmetic about the worth of American children, the stimulus checks Americans received in the midst of the coronavirus pandemic have reignited the long-smoldering conversation of universal basic income. Thanks to efforts by Andrew Yang and Bernie Sanders, the public opinion about some sort of direct governmental payment to citizens is, according to some polls, split . Roughly 50-percent of Americans think that a regular payment is necessary in the face of a fragile economy. That’s not an insignificant amount. Due […]

Every single child to get £270 in new scheme to boost German economy

Every single child to get £270 in new scheme to boost German economy

The move is designed to kick-start the economy which has been severely hit by the coronavirus crisis Germany is set to give every single child a one-off £270 to help get the country back on its feet following the coronavirus shutdown.

A total of £114billion will be set aside as part of Chancellor’s Merkel’s efforts to protect families that have been financially impacted by the pandemic.

It comes as the country warned it’s facing the worst recession in 70 years, with GDP expected to shrink 6.3% this year."We must now succeed in boosting the economy," Chancellor Angela Merkel said.She said the […]