B Block Social Studies 11 - Today we'll start our look at the Stock Market crash of 1929 and see the long term impacts it had on the Canadian economy. We'll see how material consumption drives the North American economic market and determine what impact losses on the stock market had on consumer confidence (We will not examine Supply-Side economics or Keynesian macroeconomic theory - you should take Mr. Rebitt's classes if you are interested here). We'll try to understand stocks and shares, supply and demand, and the costs of using credit. We'll also look at protectionism and see how it impacts international markets. We'll watch a few Brain Pop videos and take a few notes today. You have only question 1 a & b from page 79 in Counterpoints to work on.
History Channel: the 1929 Stock Market Crash
Susanna McLeod Stock Market Crash 1929 Canada
You Tube Stock Market Crash video
Why is the Stock Market Crash of 1929 relevant today? David Frum explained the link between 1928 and 2008 like this:
Americans assumed
crushing levels of debt in the 2000s to buy expensive homes, homes they
assumed would continue to rise in price forever. In 2007, household debt relative to income peaked at
the highest level since 1928. (Uh oh.) When the housing market crashed,
consumers were stranded with unsustainable debts, and until those debts
are reduced, consumers will drastically cut back their spending. As
consumers cut back, businesses lose revenue. As businesses lose revenue,
they fire employees. As employees lose their jobs, their purchasing
power is reduced. As purchasing power is lost throughout the economy,
housing prices tumble again.
Rinse and repeat.
Since 2008, the debt burden on households has declined somewhat,
partly because of increased saving, mostly because of mortgage default.
But household debts have declined nowhere near enough, and the pace of
household debt reduction is slowing.
The result: slow
recovery of the private economy, weak consumer demand, paltry job growth
-- considerably offset by continuing job shrinkage in the public
sector.
D Block Criminology 12 - Well because of the ICBC assembly yesterday we didn't get to it so...Today we will learn what Actus Reus, Mens Rea, Mala in Se and Mala Prohibitum mean along with taking a look at the differences between Indictable, Summary Conviction and Absolute Liability Offences. We'll see what defences you can use and what the goals of criminal law are for society. Then, we'll examine where we get our information about trends in crime (UCR, PRVS, Self-Reports). We'll look at the BC Crime trends from 1998 - 2007 and then we'll talk about the disparity (difference) between the public perception of violent crime and the actual rates of violent crime in Canada. This will set us up for our first blog entry on Monday.
UVIC Study on Violent, Property and Drug crime rates in BC
Some people think that since there is so much crime happening they feel the need to take on crime themselves. There are some costumed "super-hero" vigilantes in Seattle - members of the Rain City Superhero Movement. Check out the Seattle PI article on them here. You can see the article on "Phoenix" Jones with pictures here. You can check out the article and video from Good Morning America on Phoenix Jones broken nose here. You can watch the Young Turks video on the Rain City Superheroes here.
C Block Social Studies 10 -To start the class today we'll take a look at the Metis, Louis Riel, William McDougall, Thomas Scott, the Metis Bill of Rights and the Red River Rebellion of 1869-1870. I'll show you two Canada: A People's History episodes, give you a few notes on the background to the Rebellion and then I have five questions you need to answer:- Who were the National Committee of the Metis and what were their goals?
- Who was William McDougall and what conflict did he get involved in at the Red River?
- What is a "provisional government" and why did Riel establish one?
- What was the Metis Bill of Rights (list out the 5 points the text addresses). Was this Bill reasonable? Why or why not?
- What was the Thomas Scott affair? How did it affect both the Metis and the the settlers in the Red River? How did the Canadian government respond?
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