12
Dec
11

Percentiles mean things

From the CBC we discover that Occupy Vancouver is trying to blockade the Port Metro Vancouver docks.  Their rationale, as ever, is that the ports only benefit “the 1%” (presumably this is an even less coherent than usual complaint about global trade).

Protesters made two brief appearances early Monday morning, blocking traffic at the Clarke Drive entrance to the docks and later at the Heatley Street entrance.

The group blocked trucks from entering the port but allowed port employees to walk into work.

So, this is #Occupy standing up to The Man but not preventing working stiffs from putting food on the table, right?  Riiiight….

“The impact to truck drivers who are generally owners-operators accessing the port would certainly be part of the 99 per cent that they purport to represent, and they will immediately lose money,” [Murray Scadeng, chair of the B.C. Trucking Association] said.

“They’re generally self-employed, so any day lost affects them immediately.”

Truckers are the 1%.  Okay then.

Meanwhile, Occupy Victoria is planning to protest B.C. Ferries:

Nagji said BC Ferries is being targeted because of rate hikes, saying fares are unaffordable for the 99 per cent.

Er, fares between Vancouver and Victoria are $15 per person and $50 for a car.  If a $65 outlay is “unaffordable for the 99 per cent”, Occupy Victoria needs to start blockading every bar I’ve been to, ever.  (Except maybe that one place in Cleveland, that was pretty cool.)

Meanwhile, south of the border we discover that the rapacious 1% are getting fat and lining their pockets on government transfers:

That’s… supposed to be the social safety net, isn’t it?  Quoting the article Reason quotes:

“This is not an accidental loophole in the law,” Sen. Tom Coburn, R-Okla., noted. “To the contrary, this reverse Robin Hood-style of wealth distribution is an intentional effort to get all Americans bought into a system where everyone appears to benefit.” In November, Coburn issued a report focused on federal subsidies going to millionaires.

In addition to direct payments, the top 1% claimed about $31 million in tax credits for buying electric cars, $469 million in home energy credits, and $111 million in child care credits, according to IBD’s analysis of IRS tax return data….

And finally (also from the Reason article), some delicious generational-warfare haterade:

For centuries, wealth flowed from the old and relatively rich to the young and relatively poor. Nowadays, the direction has been reversed. Via FICA taxes, the young and relatively poor give money to the old and relatively wealthy (you not only make more money when you’re older, you’re sitting on all sorts of assets accrued over time). Every study of Medicare and other entitlements that are not particularly means-tested shows that we can’t have both a safety net and an entitlement system that sucks in huge amounts of cash and then gives it to people regardless of need.

Yeah, I guess if you want to run a sustainable insurance programme you need to know a few things about percentile statistics.  Fucking fractions; how do they work?

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1 Response to “Percentiles mean things”


  1. 1 perlhaqr
    December 13, 2011 at 07:22

    Oakland, CA as well.

    Almost half the berths at the Port of Oakland temporarily halted operations today after hundreds of protesters with the Occupied movement blocked intersections in the port. Roughly 150 longshoremen on the day shift were sent home with little to no pay, some because they were unable to get to work and others because trucks that haul shipping containers couldn’t reach the docks, said Craig Merrilees, spokesman for the International Longshore Workers Union. Fifty longshoremen remained at work, he said.


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