Saturday, June 06, 2009

Food for Thought

- As workers lose their pension money, in RSPs or from failing employers, and six out of ten Canadians have no company pension, The Canadian Labour Congress once again shows its `work with capitalism' stance by calling for a new pension model, not an end to the employment system.
- Along with the auto industry (projected 2009 loss at $2.1 billion), and the stock market (down $34 billion), the Canada Pension Plan has lost $23.6 billion. No worry for the managers, though, as the top four executives of the plan not only take home paychecks of $300 000 to $500 000, they also get bonuses of $7 million to share, for losing the $23.6 billion. The average CPP benefit for workers is $501.82/month!
- The federal government has announced that its budget deficit will be $50 billion, not $34 billion as previously announced and just a few months after finance minister Flaherty predicted a small surplus. The bailouts are the excuse but it seems money is slow to trickle down to where it is needed as the old ploy of requiring provincial and local matching funds has been used. Either they can't match it or the funds get tied up in the red tape of three government levels. Either way, for the unemployed it will be a long, desperate wait for work and the means of living. For example, the Toronto Star (17/May/09) reported that a machinist laid off after two years work in an auto parts plant qualified for just 28 weeks @ $284/week, less than half his regular (low) pay. Capital chews you up and spits you out.
John Ayers

Friday, June 05, 2009

MAKING A "KILLING"

"Britain and other EU countries sold military equipment worth millions of pounds to the Sri Lankan Government in the last three years of its bloody civil war with the Tamil Tigers, The Times has learnt. Britain approved commercial sales of more than £13.6 million of equipment including armoured vehicles, machinegun components and semiautomatic pistols, according to official records. ...The approval of the sales still raises the question of whether weapons from the EU were used in the last five months of Sri Lanka’s 26-year civil war, during which UN officials estimate that 20,000 civilians were killed." (Times, 2 June) RD

BLESSED ARE THE PEACEKEEPERS?

"A former US Marine, Pastor Ken Pagano of New Bethel Church of Louisville, Kentucky said the church would celebrate the Fourth of July and "our rights as Americans". Rev Pagano said he wanted responsible handgun owners to attend this service openly wearing their sidearm, on 27 June, the Saturday preceding Independence Day. The move would be symbolic, however: the firearms must be unloaded and in a secure holster. The priest said he would also invite gun shop owners to attend the service in order to tell about their services. There would be patriotic music along with a presentation about the right of Americans to own firearms, including military-style automatic machine guns." (Daily Telegraph, 5 June) RD

Thursday, June 04, 2009

LAZY WORKERS?

"More than 1,800 people turned up at an hotel where a recruitment day was being held to hire 25 people to work in a new shop that is opening in a former Woolworths store. The discount store QD is due to open in Wellingborough, Nothamptonshire, later this month."
(Times, 3 June) RD

GREEN SHOOTS?

"US companies cut more than half a million jobs last month as the recession continued to chip away at the country’s labour market, while the service sector shrank more than expected. Private companies cut 532,000 jobs from their payrolls in May, according to a survey by ADP Employer Services. Although that was fewer than the revised 545,000 jobs slashed in April, the number was worse than many predicted and pushed shares lower on Wednesday morning." (Financial Times, 3 June) RD

IMPROVING CAPITALISM?

"A UN report says hunger in South Asia has reached its highest level in 40 years because of food and fuel price rises and the global economic downturn. The report by the UN children's fund, Unicef, says that 100 million more people in the region are going hungry compared with two years ago. It names the worst affected areas as Nepal, Bangladesh and Pakistan. The report says South Asia's governments need to urgently increase social spending to meet the challenge. It says that climate change and urbanisation also need tackling. According to the World Bank, three quarters of the population in South Asia - almost 1.2 billion people - live on less than $2 (£1.2) a day. And more than 400m people in the region are now chronically hungry.
(BBC News, 2 June) RD

Wednesday, June 03, 2009

THE PRICE OF GOLD

"The bodies of another 25 people have been found in a disused South African gold mine, where 36 illegal miners were killed in a fire at the weekend. "The bodies are not burnt. It seems more of a case of gas or smoke inhalation," said Tom Smith from Harmony, which owns the Eland mine. He said the bodies had been found by other miners, as the abandoned shaft was too dangerous for the firm's staff. Harmony says nearly 300 illegal miners were arrested in the area recently. Illegal mining is rife in South Africa where prospectors often sneak past security at one mine and then exit from a different shaft, miles away. The BBC's Mpho Lakaje in Johannesburg says the authorities have launched an investigation to establish how many people have died. Mr Smith said the bodies had been recovered from depths of up to 1.4km (0.9 miles) underground, reports the Reuters news agency. (BBC News, 2 June) RD

MEGA-DEATH MARKETPLACE

"The annual Asia Security Conference, a forum for discussion, brought together some of the world's main arms-makers with military chiefs nervously eyeing their neighbours' moves and looking to upgrade defences in a region full of long-running insurgencies, potential maritime disputes and growing wealth. "Defence suppliers find it very important to be here to make a set of contacts," said Jonathan Pollack, professor of Asian and Pacific Studies at the U.S. Naval War College. Japan's defence minister told the gathering that the country, anxious about North Korea's latest nuclear test, would not strike first but it was still looking to boost its air force with Lockheed Martin F-22 fighter jets. Top executives from firms such as Boeing, the Pentagon's No.2 defence supplier, flew to Singapore to rub shoulders with potential clients, as they look to expand foreign sales at a time when the Obama government is starting to cap defence project spending." (Yahoo News, 31 May) RD

Tuesday, June 02, 2009

GLOBAL DISASTER

"The first comprehensive report into the human cost of climate change warns the world is in the throes of a "silent crisis" that is killing 300,000 people each year. More than 300 million people are already seriously affected by the gradual warming of the earth and that number is set to double by 2030, the report from the Global Humanitarian Forum warns. "For the first time we are trying to get the world's attention to the fact that climate change is not something waiting to happen. It is impacting seriously the lives of many people around the world," the forum's president, former U.N. Secretary-General Kofi Annan, told CNN" (AOL News, 29 May) RD

Monday, June 01, 2009

CAPITALISM IN ACTION

"Early this year, the king of Saudi Arabia held a ceremony to receive a batch of rice, part of the first crop to be produced under something called the King Abdullah initiative for Saudi agricultural investment abroad. It had been grown in Ethiopia, where a group of Saudi investors is spending $100m to raise wheat, barley and rice on land leased to them by the government. The investors are exempt from tax in the first few years and may export the entire crop back home. Meanwhile, the World Food Programme (WFP) is spending almost the same amount as the investors ($116m) providing 230,000 tonnes of food aid between 2007 and 2011 to the 4.6m Ethiopians it thinks are threatened by hunger and malnutrition." (Economist, 21 May) RD

A DEPRESSING SYSTEM

"British workers are experiencing panic attacks and insomnia because of stress associated with the economic downturn, a survey has suggested. Norwich Union Healthcare polled 200 GPs, 200 business leaders and 1,000 employees for its Health of the Workplace survey. Half the workers admitted to being stressed, while one in five is suffering depression. A leading GP said people now had better access to talking therapies. The annual Norwich Union healthcare study found workers are putting increasing amounts of time and effort into their jobs. About half are going into work when they are ill and working longer hours, while just over a third are not taking lunch breaks." (BBC News, 29 May) RD

Saturday, May 30, 2009

HARIKARI CAPITALISM

"Suicide is rising in Japan as the economic crisis bites, with more than 100 people a day taking their lives in April. "It's the end of the financial year, so I think the effect of the economy is a trigger," said Yasuyuki Shimizu, head of Lifelink, a group that campaigns to prevent suicide. In a recession, the end of the financial year tends to spark bankruptcies and layoffs. Japan's suicide rate is already one of the highest in the developed world, with about 24 cases per 100,000 population in recent years, compared with 11 in the United States. The April figure was up 6 percent from the same month last year, police statistics showed on Wednesday."
(Yahoo News, 28 May) RD

BLESSED ARE THE POOR ?

"The Catholic orders responsible for abusing Ireland's poorest children say they're struggling to come up with money to help their victims. Yet investigations into their net worth paint a very different picture — that of nuns and brothers with billions' worth of carefully sheltered assets worldwide. Irish government leaders said Wednesday they expect the 18 religious orders involved in abusing children in workhouse-style schools to pay a much greater share of compensation to 14,000 state-recognized victims. They also demanded that the secretive orders reveal the true scope of their wealth for the first time in face-to-face negotiations with the government." (Yahoo News, 27 May) RD

Friday, May 29, 2009

POWDER KEG CAPITALISM

"The world is sitting on a "powder keg" of social unrest, which risks exploding as human rights are eroded by the global economic slowdown, Amnesty International warned. But its annual report -- detailing abuses from China to Guantanamo Bay and from Sri Lanka to the ex-Soviet Union -- said the global meltdown also offers a chance to rebuild an economic framework putting human rights at its heart. "There are growing signs of political unrest and violence, adding to the global insecurity that already exists because of deadly conflicts which the international community seems unable or unwilling to resolve. "In other words: we are sitting on a powder keg of inequality, injustice and insecurity, and it is about to explode," said Amnesty chief Irene Khan." (Yahoo News, 28 May) RD

Thursday, May 28, 2009

SCOTLAND THE BEREAVED

"Hundreds of jobs are to be axed after it was confirmed today that Hewlett-Packard is to cease manufacturing at a computer plant in Scotland. The work is to be transferred abroad from the factory in Erskine, Renfrewshire. As many as 850 jobs are feared to be at risk out of the 1,300-strong workforce employed by the US-based firm at Erskine." (Guardian, 28 May) RD

Wednesday, May 27, 2009

POVERTY IN GERMANY

"Anyone who's living off less than 60% of the median household income is defined by the E.U. and the German government as living in poverty. In Germany, that's around $1,066 per month for a single person or $2,240 for a couple with one child. Some of the hardest hit by Germany's increasing poverty levels are children. It's estimated that there are more than 3 million German children living in poverty; in Berlin alone, up to 36% of all children are poor. "The gap between the rich and poor is wider than ever and more children have been plunged into poverty," says Bernd Siggelkow, a pastor who runs the Arche project in Berlin to help children in need. "People who claim state benefits are stigmatized by society and in the past children were simply forgotten by politicians." (Yahoo News, 25 May) RD

Tuesday, May 26, 2009

PROFITS BEFORE HEALTH

"Food safety inspectors say a California plant at the center of a salmonella scare knew some of its pistachios were tainted but continued shipping nuts for another six months. The Food and Drug Administration issued a sweeping national warning in March for consumers to avoid eating pistachios after concerns surfaced about nuts from Setton Pistachio of Terra Bella, Inc. In an inspection report released this week, FDA officials said Setton first got results in October showing some of its roasted nuts tested positive for salmonella. But, officials say, it didn't make proper adjustments to its processing procedures and kept shipping out nuts."
(Yahoo News, 23 May) RD

Saturday, May 23, 2009

THE SEEDS OF WAR

"Diminishing supplies of oil and natural gas will push countries into violent competition, the Kremlin predicted in a long-awaited national security strategy paper released this week. The document foresees these struggles playing out in the Arctic as well as the Middle East, the Barents Sea, the Caspian Sea and Central Asia - and states that Russia is prepared to fight for its share of the world's resources. "In the face of competition for resources, the use of military force to solve emerging problems cannot be excluded," reads the strategy paper, which was signed by President Dmitri Medvedev on Wednesday." (Yahoo News, 17 May) RD

ECONOMIC POLITICS

Politicians are fond of pretending that they are concerned about ethical matters and would deny that their primary function is to concern themselves with the economic interests of their masters. So it comes as no great surprise to learn that the EU spokesmen prattle on about "the political rights of small nations" whilst in reality having sordid economic interests in mind.
"Russian President Dmitry Medvedev has warned the European Union not to turn a proposed partnership with former Soviet countries against Russia. He was speaking at the end of a Russia-EU summit held against a background of deep divisions over security, trade and energy supplies. A BBC correspondent in Moscow says the biggest concern at the summit was over Russian gas supplies to Europe. Deliveries were halted in January due to Moscow's price dispute with Ukraine. ... A year ago - when Mr Medvedev became Russia's new leader - there was hope that relations with the EU might gradually improve, the BBC's Richard Galpin in Moscow says. Instead, he says, they have got steadily worse. Relations plummeted after last year's brief war between Russia and Georgia. Since then there has been another gas dispute between Russia and Ukraine which led to gas supplies to many European countries being cut off for two weeks in mid-winter. There is also a growing battle over energy pipelines as the EU tries to find alternatives to its growing dependency on Russian gas." (BBC News, 21May) RD

Friday, May 22, 2009

GREENS AND GREEN BACKS

It is fashionable for every capitalist politician to say that they are "green" - it is a good vote-catcher, but the realities of capitalism are the production of more and more profits. So when it comes to the crunch, profit -making is going to be a bigger priority than the environment. "US Energy Secretary Steven Chu says the US will not be able to cut greenhouse emissions as much as it should due to domestic political opposition. Prof Chu told BBC News he feared the world might be heading towards a tipping point on climate change. This meant the US had to cut emissions urgently - even if compromises were needed to get new laws approved. ... President Barack Obama says he wants cuts in greenhouse gases but has left it to Congress to make the political running. The House of Representatives is debating a climate and energy bill but even if it passes it may be rejected by senators, many of whom are funded by the energy industry." (BBC News, 21 May)
Politicians are deeply concerned about "green" issues - the issue of green-back dollars! RD

Thursday, May 21, 2009

A DESPERATE WORKER

"A suspected illegal immigrant was arrested after being found on the outside of a Eurostar train – which had been travelling through Kent at 186mph. The man was detained by British Transport Police officers after being discovered at Ebbsfleet International Station near Gravesend in Kent. He was intercepted at the station on a Brussels to London service just before 7pm last Thursday. Eurostar trains can reach speeds of up to 186mph while in service." (Independent, 27 April) RD

FUTURE SHOCKS

"The number of potential nuclear weapons states could more than double in the next few years unless major powers take radical steps toward disarmament, the head of the U.N.'s nuclear watchdog was quoted saying on Friday. Mohamed ElBaradei said the threat of proliferation was particularly great in the Middle East and the international regime designed to limit the spread of nuclear weapons was at risk of falling apart, the Guardian newspaper reported. "Any regime ... has to have a sense of fairness and equity and it is not there," ElBaradei, director-general of the International Atomic Energy Agency, said in an interview with the paper. He predicted the next wave of proliferation would involve "virtual nuclear states" which could produce plutonium or highly enriched uranium and would have the know-how to make warheads, but would stop just short of assembling a weapon. Such states would remain technically compliant with the nuclear non-proliferation treaty (NPT) while being within a couple of months of deploying and using a weapon, he said." (Yahoo News, 12 May) RD

Wednesday, May 20, 2009

HOME SWEET HOME?

"The number of homes repossessed in the UK rose to 12,800 in the first three months of the year, the Council of Mortgage Lenders (CML) has said. This was up 23% from the 10,400 in the previous three months and 50% up on the 8,500 in the same period last year. The CML has predicted that 75,000 homes will be repossessed in 2009, almost double the 40,000 of last year." (BBC News, 16 May) RD

THE PRIORITIES OF CAPITALISM

The US Government, like every government in world capitalism spends billions of dollars in weapons of war and research into more and more deadly ways to kill and maim, but when it comes to spending two cents to save a child's life they remain strangely reluctant.
"Americans pretty much take vitamin A for granted, but many of the world’s poorest people lack it. And as a result, it is estimated that more than half-a-million children die or go blind each year. There’s a simple fix: vitamin A capsules that cost about 2 cents each."
(New York Times, 13 May) RD

Tuesday, May 19, 2009

No candidate ? Vote for yourself.


Only vote for socialism if you are in agreement with our Object and Declaration of Principles.




You might have heard of the Euro elections, the biggest in history, 500
million people, 27 countries, June 4th? You’re supposed to choose which
of your local crème-de-la-crème get to go on free holidays to Brussels
and Strasbourg, and the powers that be are a bit worried that you won’t
take it seriously enough to bother voting. Shame on you!...Read more>
http://www.worldsocialism.org/spgb/The_Euro_elections_2009_page.html

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http://www.worldsocialism.org/spgb/The_Euro_elections_2009_page_Francais.html

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http://www.worldsocialism.org/spgb/The_Euro_elections_2009_page_Italiano.html

Svenska (Swedish)
http://www.worldsocialism.org/spgb/The_Euro_elections_2009_page_Svenska.html

Español(Spanish)
http://www.worldsocialism.org/spgb/The_Euro_elections_2009_page_Espanol.html

Polska (Polish)
http://www.worldsocialism.org/spgb/The_Euro_elections_2009_page_Polska.html

Türkçe (Turkish)
http://www.worldsocialism.org/spgb/The_Euro_elections_2009_page_Turkish.html

Nederland (Dutch)
http://www.worldsocialism.org/spgb/The_Euro_elections_2009_page_Nederlands.html
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Download our election leaflets.

1, Manifesto for London Region (where we're contesting) (PDF)
http://www.worldsocialism.org/spgb/Euro09/Euro_09_leaflet_London.pdf

2. Manifesto for outside London (where we're running a write-in
campaign) (PDF)
http://www.worldsocialism.org/spgb/Euro09/Euro09_leaflet_write_in.pdf

3. London manifesto in Bengali (PDF)
http://www.worldsocialism.org/spgb/Euro09/Bengali_Euro09.pdf

( If anyone wants copies of these leaflets to distribute they should
send an email to spgb@worldsocialism.org )
---------------------------------------------------------------------------------------------------

Monday, May 18, 2009

EVICTIONS OF LANDLORDS

"Tens of thousands of landlords are struggling to meet their mortgage repayments as the economic downturn devastates the buy-to-rent market, according to a new report. Moody's, the rating agency, released figures yesterday showing that 3.55 per cent of landlords were at least three months behind with mortgage payments in the first quarter of the year - compared with 0.95 per cent in the same period a year ago. Repossession of buy-to-let loans had also risen marginally, to 0.18 per cent in the first three months of this year from 0.13 per cent in the first three months of last year. There are about a million buy-to-let landlords in the UK, according to the Council of Mortgage Lenders." (Times, 13 May) RD

CAPITALIST MORALITY

"Talk about kicking a man when he's down. Moody's ( the rating agency)yesterday downgraded the credit rating of L'Aquila, the Italian city, from A1 to Ba1 and placed it on review for possible further downgrades after last month's devastating earthquake. The agency said: "Moody's views these developments as affecting the city's ability to meet its financial obligations on a timely basis." Well, it's an accurate assessment, albeit a rather cold and clinical one."
(Times, 13 May) RD

Sunday, May 17, 2009

MORE MADNESS

It surely sums up the insanity of modern capitalism wherein millions of people are trying to survive on about a dollar a day and this happens. "A flawless vivid blue diamond weighing 7.03 carats sold Tuesday for a record 10.5 million Swiss francs ($9.49 million), the highest price paid per carat for any gemstone at auction, Sotheby's said. The rectangular-shaped blue stone, the rarest to enter the international market this year, went to an anonymous buyer bidding by telephone after hectic bidding see-sawed between two callers for 15 minutes." (Yahoo News, 12 May)
We have an "anonymous buyer" spending millions of dollars on an object that in any sane society would be used for some worthwhile purpose like cutting glass or something and we have millions of starving kids. Which one grabs the headlines? Rare jewels are more important than human beings - that's capitalism for you. RD

OWNERSHIP MADNESS


Genae Girard, 39, is suing Myriad Genetics and the Patent Office over the
granting of a patent on a gene. Myriad also has patented the only test that
measures the risk of breast and ovarian cancer.
Anyone who looks at modern society must be staggered by how much private ownership dominates it. All the land of this planet is owned by a small group of owners - about 5 per cent. All the factories and workshops are owned by the same 5 per cent. All the airlines and all other means of transport are in the possession of the same small group. Now it seems that even the genes that are the basis of human existence are owned too. An unfortunate worker who was suffering from cancer went to a specialists for tests. "The test came back positive, so she wanted a second opinion from another test. But there can be no second opinion. A decision by the government more than 10 years ago allowed a single company, Myriad Genetics, to own the patent on two genes that are closely associated with increased risk for breast cancer and ovarian cancer, and on the testing that measures that risk." (New York Times, 12 May)
There is money to be made out of ownership so bugger the poor worker who needs information. Sorry, they own the patent on the gene. Your mother or your daughter dies, so what. Money and profit are much more important. RD

Friday, May 15, 2009

European Elections 2009

European Elections


Click image to enlarge view

We are contesting in London but urging a write in vote elsewhere.
Our election Blog
Download our election leaflets.

1, Manifesto for London Region (where we're contesting) (PDF)
2. Manifesto for outside London (where we're running a write-in campaign) (PDF)


Candidates.

Dannny Lambert, Tristan Miller, Janet Carter, Bill Martin, Adam Buick, Simon Wigley, Frederick Allen, Patricia Deutz.

__________________________________________________________

Flying pigs and the Euro elections

flyingpiglink
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Download our election leaflets.

1, Manifesto for London Region (where we're contesting) (PDF)
2. Manifesto for outside London (where we're running a write-in campaign) (PDF)
3. London manifesto in Bengali (PDF)




( If anyone wants copies of these leaflets to distribute they should send an email to spgb@worldsocialism.org )
____________________________________________________________

THE FAILURE OF LABOUR

One of the illusions fostered by the Labour Party is that for all its shortcomings at least it is better than the Tories, but recent evidence seems to point out that even this modesty claim is erroneous.
"That relative poverty – the gap between rich and poor rather than the absolute availability of basic necessities – should be higher than it was when Harold Macmillan was prime minister is a galling discovery. The Institute for Fiscal Studies, a sort of non-partisan unofficial opposition party equipped with massive brainpower, tells us that the distance between our richest and our least fortunate citizens is as high as it has been since their data starts, in 1961. Which leaves open the possibility that Brown's Britain may be more unequal than we were before the creation of the NHS and the modern welfare state." (Independent, 8 May) RD

Reading Notes

- From Germinal, a novel about a French miners’strike of the 1890s, by Emile Zola,
“ Who could say that the workers had had their reasonable share in the extraordinary increase in wealth and comfort during the last one hundred years? They (the bourgoisie) had made fun of them by declaring them free. Yes, free to starve, a freedom of which they fully availed themselves.”
- Re how capitalism works, “ Ah! There we are!” cried M. Hennebeau.(mine owner) “I was expecting that – the accusation of starving the people and living by their sweat. How can you talk such folly, you ought to know the enormous risks which capital runs in industry – in the mines, for example?…Can you believe that the company has not as much to lose as you have in the present crisis? It does not govern wages; it obeys competition under pain of ruin.”- i.e. blame the system, not the capitalist.

Thursday, May 14, 2009

IT PAYS TO TALK?

"BT has said it will cut about 15,000 jobs this year, mostly in the UK, and has reported an annual loss of £134m. The firm also said it had cut 15,000 jobs in the past year, which was 5,000 more than had been expected." (BBC News, 14 April) RD

THE PRIORITIES OF CAPITALISM

Every year billions of dollars are spent on the research and production of more and more powerful weapons. Inside capitalism it is essential to keep ahead of your trade rivals. Research into diseases or even the simple production of medicine is of a very low priority compared to arms production. "Pneumonia gets very little attention from donors or the public health community, yet it kills more than two million children a year, according to Unicef and the World Health Organization. To put it another way, if you spend five minutes reading this column, at least 19 kids will die of pneumonia in that time. That’s more than will die of AIDS, malaria and measles combined. Yet pneumonia goes ignored. It is the orphan of global health, attracting negligible investment." (New York Times, 9 May) RD

AN ARROGANT EX-WORKER

Socialists are often annoyed at the disparaging, dismissive fashion of speaking adopted by the capitalist class when dealing with members of the working class, but something that annoys us even more than that is members of the working class sneering at other members of the working class less fortunate than themselves. Perhaps the worst example of this we have come across recently is the following.
" Wealthy Celebes queued up this week to condemn the new 50% tax rate for high earners, warning that it could lead to an exodus of talent. Monday's Daily Mail quoted Sir Michael Caine saying that "if it goes to 51%, I will be back in America... We've got 3.5 million layabouts on benefits, and I'm 76, getting up at 6am to go to work to keep them." (Guardian, 2 May)
Excuse us Sir Michael (formerly known as Mr Michaelwaite) if we wish you bon voyage - preferably in a very leaky ocean liner. RD

Who Owns the North Pole Part 16

See our companion blog Socialism or your Money Back for the most latest development on Russian expansionist policy statement

Wednesday, May 13, 2009

HOME, SWEET HOME?

" Home values in the United States extended their fall in the first quarter, with more than one in five homeowners now owing more on their mortgages than their homes are worth, real estate website Zillow.com said on Wednesday. U.S. home values posted a year-over-year decline of 14.2 percent to a Zillow Home Value Index of $182,378, resulting in a total 21.8 percent drop since the market peaked in 2006, according to Zillow's first-quarter Real Estate Market Reports, which encompass 161 metropolitan areas and cover the value changes in all homes, not just homes that have recently sold. U.S. homes lost $704 billion in value during the first quarter and have depreciated $3.8 trillion in the past 12 months, according to analysis of the reports. Declining home values left 21.9 percent of all American homeowners with negative equity by the end of the first quarter, Zillow said. By comparison, 17.6 percent of all homeowners owed more on their mortgage than their property was worth in the fourth quarter of 2008, and 14.3 percent were underwater in the third quarter of last year, the reports showed." (Yahoo News, 6 May) RD

Tuesday, May 12, 2009

NOT SO BOASTFUL NOW

Not so many years ago it used to be the boast of industrialists and politicians alike "What is good for General Motors is good for America". This simplistic mantra was always trotted out in defence of capitalism during the post war boom of US industry and trade but supporters of US capitalism will have to look elsewhere for consolation today.
"General Motors, North America’s biggest carmaker, reported a $6bn first-quarter net loss and an accelerating cash drain on Thursday, underlining the pressure it faces to gain concessions from stakeholders or face bankruptcy. The troubled automaker warned that prolonged uncertainty over its financial condition risks creating a vicious circle of shaky consumer confidence and falling production and sales." (Financial Times, 7 May)
It is no sense in a "told you so" mood that socialists note the boom and slump nature of capitalism has asserted itself once more. After all it is our fellow workers in the US and elsewhere who will have to bear the prospect of unemployment, re-possession and insecurity. What we ask the working class to do is to consider the socialist alternative to this mad market system. We asked you to do so during the boom we continue to ask you to do so during the slump. RD

Monday, May 11, 2009

CONTRASTING LIFE STYLES

In the same day's newspaper we can read of the contrasting life styles of people inside capitalism. About 140,000 people died in the storms that raged through Burma. The poverty stricken survivors were at first denied aid from Unicef and Save the Children by the Burmese government. Eventually these organisations were admitted and attempted to give aid to the survivors including thousands of orphans. The begging bowl was passed round by charities desperate to aid these kids. Contrast that with another item on the same day. The champagne industry was concerned that some of its customers were finding it difficult to uncork their bottles, so no expense was spared in dealing with this problem. "Bruno de Saizieui, Alcan's commercial director, said: "At first we tried a screwtop but found that a symbolic noise was not there. It was our priority to keep this specific and evocative sound of champagne opening." After three years and 1 million euros (£885,000) in research, they came up with an aluminium device like that on beer bottles." (Times, 6 May)
The cry of starving orphans was drowned out by the "specific and evocative sound of champagne opening." Another tragic example of capitalism's priorities. RD

THEORY BECOMES PRACTICE

When the G20 leaders met in London to discuss the current economic crisis one of the theories about dealing with crisis they must have discussed would have been that of J.M. Keynes. He had argued that in the event of a downturn in the capitalist economy governments should spend more in order to boost confidence and spending power. Judging from recent reports they seem to have taken his advice to heart, though not in the way that Keynes meant.
"Taxpayers were left with a bill of around £500,000 for wining and dining the G20 leaders, their spouses and aides, it was reported today. The cost of a series of dinners laid on for dignitaries ahead of the 2 April summit in London added up to more than £66,000, with VIP guests drinking 136 bottles of wine worth £6,000, according to figures obtained by the Independent under the Freedom of Information Act." (Guardian, 7 May) RD

Sunday, May 10, 2009

Food for Thought 3

- Are workers better off than ever today? A moot point. It’s a fact that much of our wealth is derived from credit. Canada’s credit cards doubledto 68 million, 1998 to 2008, with 682 000 considered delinquent. Eventhough the present crisis is attributed to bad credit, the card offers arrive every week. The credit card is the golden goose that fueled massiveconsumer spending regardless of the consequences.
- We have no money for hospitals that are cramped by artificial budgets that constantly mean lay-offs, even for nurses. We have no money for education – can’t keep the swimming pools open that have been built into practically every Toronto school. We have no money to eradicate poverty,homelessness etc., but at the G20 meeting in London, one trillion dollars was found to fund IMF loans to countries in trouble, which means they will be in even greater trouble should they accept the loans. Generally, forevery dollar that is loaned to developing countries, $7 comes back, whichis why they will always be ‘developing’.
- Auto workers continue to take criticism, even from other workers, as the cause of their own demise, even though they, like all workers, have absolutely no say in what is produced, or how much. Their hourly wages are continually quoted by the capitalist press including their benefit package, although this is never done in any other case. The facts, of course, that they earn an average of $34/hour, are ignored. Consider this,in 1992, GM produced 4.4 million cars with a workforce of just under 300000. In 2007, GM produced 4.5 million vehicles with approximately one third of that work force. That kind of productivity must have brought massive profits from the workers’ efforts that should have resulted in a very financially strong company.
What happened?
John Ayers

Friday, May 08, 2009

May Dayschool 2009


Saturday 9 May 1.00pm till 5.00pm

Banks:Who needs them?


Capitalism in Crisis:

1.00 - 2.15pm 2009: The Year of Economic Crisis.

Speaker Brian Gardner
Glasgow Branch.

This year has seen the collapse of banks, of building societies and the closure of factories and retail outlets. As millions of workers throughout the world face the re-possessions of their homes and the grow-ing fear of unemployment we ask why the economic bubble has burst. We look at the various "solutions" that are offered to alleviate the problems and analyse what can be learned from previous eco-nomic slumps. Previously abandoned by political econo-mists the old ideas of Keynes have made a startling come-back to the extent that many politicians are now espousing his ideas as a solution to the present economic woes. We look at the problem from a Marxist viewpoint and con-sider whether these ideas have value in today’s context.

2.15 - 3.30pm The Environment in Meltdown?

Speaker, John Cumming
Glasgow Branch

How serious is the threat to the global environment? Is the melting of the polar ice pack a product of global warming caused by natural causes or the over production of carbon gases? Is the growing water shortage as serious as depicted and is there any possible solution? Is man-made pollution the cause of the threat to the world's oceans and the possible destruction of the marine food chain? All these inter-related pollution problems are examined from a socialist analysis and some of the proposed solutions are examined.

3.30 - 3.45pm Tea break


3.45 - 5pm Can Socialism Solve the problems?

Speaker Paul Bennett
Manchester Branch

Modern society has produced immense social problems. We have millions of people existing on less than a $1 a day in-side a system that could produce enough food, clothing and shelter to satisfy all human needs. We have magnificent ad-vances in human knowledge but seem incapable of solving problems like world hunger, poverty and war. Wealth today takes the form of commodities - articles produced for sale with a view to making a profit. The Socialist Party is unique in that its only aim is world socialism - a society where everything is produced solely to satisfy need not make a profit. How would this new society based on common ownership operate? Could it solve the problems of capitalism?

Looking forward to seeing you all there.

NUCLEAR NIGHTMARE

"Loss of control in nuclear-armed Pakistan threatened the world with the worst global crisis since the 1962 Cuban Missile Crisis, the closest the world has ever come to nuclear war, a senior former US diplomat warned on Tuesday. The stark warning comes as US President Barack Obama meets the leaders of Pakistan and Afghanistan at the White House on Wednesday to discuss efforts to stabilise their countries in the face of Islamist insurgencies. It also comes as the international community fears a possible breakdown in the security surrounding Pakistan’s 100 warhead nuclear arsenal and their capture by religious extremists."
(Financial Times, 5 May) RD

CHARITY BEGINS AT HOME


Richard Laing, CDC's chief executive, saw his income rise to £970,000 in 2007
"As the boss of the publicly owned company which invests billions of pounds of taxpayers' money to alleviate global poverty, Richard Laing is one of many dedicated to improving the finances of the poorest of the poor. But few engaged in the battle to relieve the suffering of the developing world can count on a pay package of nearly £1m as their reward. The "extraordinary" remuneration received by Mr Laing as chief executive of CDC Group Plc, a little-known investment body that is wholly owned by the Department for International Development and controls assets worth £2.7bn, is revealed today in a stinging report by the Westminster spending watchdog. Between 2003 and 2007, Mr Laing, a 55-year-old Cambridge engineering graduate, saw his income rise from £383,000 to £970,000 as investments in projects from a Nigerian shopping mall to a Chinese egg producer reaped handsome returns." (Independent, 30 April) RD

Thursday, May 07, 2009

WORDS OF WISDOM

Washington – More than 100 protesters upset with the way world leaders have handled the economic crisis clashed with police Saturday outside the International Monetary Fund and World Bank meetings. Authorities used batons and pepper spray when activists tried to march onto a prohibited street, and several people were pushed to the ground by police. The protesters swarmed officers unexpectedly, and police had to respond, said D.C. police Capt. Jeffrey Herold. ...Earlier, demonstrators tried to block three intersections, including an area near hotels where they said meeting delegates were staying. But in each case, the protesters were steered back to the sidewalk by police. Nicole Davis, 22, of Washington, who participated in one of the morning blockades outside a hotel, said police physically lifted her and nine other protesters and moved them from the street to the sidewalk. Davis said IMF and World Bank policies are hurting the poor."Capitalism clearly is not working," Davis said. "I think there needs to be a different system." (Yahoo News, 25 April) RD

THE FAILURE OF REFORMISM

The Socialist Party have always argued that a policy of reforming capitalism by a series of legislative acts while leaving intact the basis of this class divided society is doomed to failure. The Labour Party and other reformist organisations have maintained that this is the only way to deal with social problems. So what do these reformers make of the following report?
"Millions of people have been condemned to live under "social apartheid" by 30 years of poor housing policies, a damning report on council estates will say this week. The 107-page report, to be published on Friday, condemns successive governments for pushing poorer people into what it condemns as "social concentration camps" set away from private housing, jobs and shops. Children born on such estates are more likely to end up unemployed, suffer mental health problems and die younger than their counterparts in private housing, says the study by the Fabian Society. ... According to the Fabians, children bought up in social housing now have far fewer life chances than half a century ago, because they are concentrated on increasingly ghettoised estates. Those born after 1970 in council homes are twice as likely to suffer from mental health problems than those born in 1946 in public housing, 11 times more likely to be unemployed and not in training or education, and nine times more likely to live in a household where nobody has a job." (Independent, 3 May)
It is somewhat ironic that this report has been prepared by the Fabian - an organisation whose very basis is one of a policy of reformism! RD

Wednesday, May 06, 2009

Food for Thought 2

- How is the War on Poverty going? Carol Goar’s column in the Star is titled “So Much Patience and Hope, So Little Momentum”.
The provincial government is long on talk, slow to act. The cabinet committee on poverty reduction was disbanded in December and its ‘commitments’ farmed out toother agencies, probably to be buried. As social assistance case loads spiked due to the recession, the Liberals began to back off and a split appeared between those who supported public hearings and those who didn’t want the public to hear more welfare recipients describing their lives.Goar writes, “There is a large gap between the government’s intentions and anti-poverty activists’ expectations.
Basically, nothing is happening,then.
- Pensioners, mainly auto workers, worried about their pensions, rallied at Queen’s Park recently to make a statement re pension guarantees that seem to be disappearing rapidly with the health of the auto companies. - Some employers are apparently taking advantage of the recession to fire pregnant women and disabled or injured workers on light duties. As the CBCradio parody went :
Boss: Come into the office for a conference.
Pregnant woman: Is there a problem?
Boss: We are terminating you.
Pregnant woman: You can’t do that, it’s against the law unless you are downsizing.
Boss: We’re downsizing now, starting with you!
- Reforms get us nowhere, like running on a treadmill. Time for theRevolution!
- Examples of how crapitalism functions
– 1. Bringing forward a malariaVaccine – for decades, malaria sufferers have been ignored and have died by the millions because the large pharmaceutical companies (just a few dominate the market) have ignored the problem because it’s not profitableto make drugs that poor people cannot afford to pay for. John Cohen, head biologist at Glaxo-Smith-Kline, is getting close, after 22 years of research (Toronto Star, 25/04/09). The question is, will it be availableto all sufferers, or just those who can pay? The article admits, “It also wasn’t a priority because a vaccine geared to Africa just isn’t amoney-maker for drug companies.” Could anything be more stupid?
2. A Toronto Star article (26/04/09) documents the demise of Toronto’s industrial area and lists the many factories that have closed there. A picture shows an older lady standing beside an electric stove, still operational and looking good, that she helped to build in the 1950s.Today, manufacturers give a one-year warranty and have a life expectancyof five to ten years. Two of the five new appliances I bought four years ago have broken down with major problems. The tendency to cheaper quality goods to enhance profits and damage the environment is plain for all to see.
3. The modern trend in almost every industrial sector, and, frighteningly, this includes prescription drugs, is to let the producer be the inspector of health and safety. A Toronto Star article (24/04/09)begins, “A senior federal veterinarian says Canada’s Food Safety Agency is compromising public health by putting slaughterhouse workers in charge of deciding when poultry is too diseased or contaminated for human consumption.” The proper veterinary training includes in-depth knowledgeof animal pharmacology, pathology, microbiology, virology and pathogeny.By contrast, meat plant workers assigned to reject potentially dangerous poultry are trained for four weeks, at most.
Works well for profit! Capital trumps common sense again!
John Ayers

Tuesday, May 05, 2009

SKIMMING MORE PROFIT

There is a popular concept of the medical professions as being above sordid commercialism and being motivated only by care for human suffering. However, we live inside a capitalist society where the profit motive pervades every field of human activity. This news item is an example of how this lust for profit can lead to unnecessary suffering, even death.
"Stocks of hundreds of medicines are running low as British pharmacies export UK supplies to profit from the weakness of the pound. Evidence has emerged that pharmacists are over-ordering drugs, a practice known as "skimming", with a view to selling the stock overseas and profiting from higher prices in foreign currencies. ...The wholesalers fear that the exports, which have led to temporary shortages, could potentially keep some patients from receiving the medicines they need in time and result in death." (Times, 4 May) RD

Monday, May 04, 2009

TROUBLE AHEAD?

"Norway's foreign minister on Tuesday called for peaceful cooperation in the Arctic as the region's five bordering countries vie for potentially lucrative natural resources. "High North, low tension," Foreign Minister Jonas Gahr Stoere said prior to the opening of an international conference in the northern Norwegian town of Tromsoe on the Arctic's melting ice. "We will as responsible governments and coastal states be able to manage the challenges and opportunities of this region without gliding into conflict and negative competition," he told reporters. The US Geological Survey says the Arctic region could hold 13 percent of the world's undiscovered oil reserves and 30 percent of its undiscovered natural gas.The resources are expected to become increasingly accessible as the Arctic ice cap melts.The race for the riches -- which are still technically difficult to exploit -- has been accompanied by rising militarisation in the region. NATO has announced plans to play a growing role in the region, and Russia also plans to deploy military units there.Territorial claims in the Arctic came to the fore in 2007 when Russia planted its flag on the seabed some 4,000 meters (13,100 feet) beneath the North Pole."
(Yahoo News, 28 April) RD

TROUBLE DOWN UNDER

Australia will spend more than 70 billion US dollars boosting its defences over the next 20 years in response to a regional military build-up and global shifts in power, the government said. A long-term strategic blueprint for the future of Australia's armed forces warned that war could be possible in the Asia-Pacific region in the next two decades, as emerging powers such as China flexed their military might." (Yahoo News, 2 May) RD

Sunday, May 03, 2009

Food for Thought

The futility of Reform. --The auto workers are finding out with avengeance what a recession means to wages and benefits. What has been gained over decades has been tossed out of the window in a heartbeat. In a deal with GM, the union was forced to accept the loss of semi-private hospital coverage, tuition programs, some bonuses, savings on vehicle purchases, drug dispensing costs, financial protection during layoffs, relief time in plants, and allow more ‘flexibility’ in the use of part time workers. Chrysler, asked for even more – a reduction in labour costs of $19 per hour, among other things. John Ayers

Saturday, May 02, 2009

May Day School


May Day School

Banks:Who needs them?

More info? Click image or here

Saturday 9 May 1.00pm till 5.00pm
Capitalism in Crisis:

1.00 - 2.15pm 2009: The Year of Economic Crisis.
Brian Gardner (Glasgow Branch)

2.15 - 3.30pm The Environment in Meltdown?
John Cumming (Glasgow Branch)

3.30 - 3.45pm Tea break

3.45 - 5pm Can Socialism Solve the problems?
Paul Bennett (Manchester Branch)
Community Central Hall 304 Maryhill Road Glasgow

Today Edinburgh tomorrow..




SPGB members and sympathisers will be out and about at the Mayday rallies in Edinburgh and Glasgow this coming weekend, distributing Socialist Standards and leaflets .




Mayday belongs to the workers – we have a world to win, and we can win it.

LABOUR IN ACTION

LABOUR IN ACTION

The World Bank recently estimated that 2.8 million children could die by 2015 if the global financial crisis is not checked. Commenting on this the Prime Minister Gordon Brown commented: "It is as if the entire population of Rome were to die in the next five years." (Times, 21 February) This from the leader of the Labour Party who vigorously defend the killer society that is the buying and selling of capitalism. Hypocrisy cannot go further surely when Gordon Brown suspends parliament debate because of the death of the child of one of his opponents in a vote catching move. He will not of course suspend the running of capitalism or its parliament about the possible death of 2.8 million kids.

Friday, May 01, 2009

A DANGEROUS SOCIETY

Stoked by the relentless drive for profits every developed capitalist nation in the world is armed to the teeth in preparation for possible armed conflict with its rivals. Now it transpires that it is not only its rivals that should fear this growing arms race. Radioactive waste from the Faslane base is polluting the Clyde near the large city of Glasgow.
"Britain's nuclear submarine fleet has been hit by a series of serious safety breaches involving repeated leaks of radioactive waste, broken pipes and waste tanks at its home base on the Clyde, the Ministry of Defence has disclosed. In a confidential report released under the Freedom of Information Act, the MoD has admitted that safety failings at the UK's main nuclear submarine base at Faslane, near Glasgow, are a "recurring theme" and ingrained in the base's culture. The worst breaches include three leaks of radioactive coolant from nuclear submarines in 2004, 2007 and 2008 into the Firth of Clyde, while last year a radioactive waste plant manager was replaced. It emerged he had no qualifications in radioactive waste management."
(Guardian, 27 April) Truly, capitalism is a dangerous society. RD

Thursday, April 30, 2009

IT’S A MAN'S LIFE?

"Washington – The Army has approved new guidance to military commanders in an effort to stem the rising toll of soldier suicides, officials said late Thursday. The plan includes hiring more mental health workers and tightening the way officials handle drug testing, health screening and a host of other long-standing procedures that in some cases became lax, according to officials, as the Army focused on fighting two wars. Army leadership has become more alarmed as suicides from January through March rose to a reported 56 — 22 confirmed and 34 still being investigated and pending confirmation. Usually, the vast majority of suspected suicides are eventually confirmed. The 2009 number compares to 140 for all of last year, a record blamed partly on strains caused by repeated deployments for the wars in Iraq and Afghanistan."
(Yahoo News, 23 April) RD

Wednesday, April 29, 2009

WHAT IS THE ANSWER?

You have just received a leaflet from an organisation called "WaterAid" . It could break your heart. Here is what it says
"Every 17 seconds a child in the developing world dies from water-related diseases. In around the time it takes you to read the next paragraph, a child somewhere will die. ...In just two minutes, seven more children will have died. Please help now."
It is powerful stuff but of course it is pointless. Socialist for over a hundred years have pointed out that charity does not help the problems of capitalism - it keeps them going. If you really wish to help the underprivileged, poor, starving and thirsty children of this world you will organise for a new society that makes charity impossible. We call it socialism. RD

CAPITALISM IS A DISASTER

"Hundreds of millions of people will become victims of climate change-related disasters over the next six years, Oxfam said Tuesday, urging governments to change the way they respond to such events. The British-based aid and development charity estimated the number of people affected by climatic disasters would rise by 54 percent to 375 million people a year on average by 2015, based on data on similar disasters since 1980. In a new report, it warned that humanitarian aid spending and the way it was allocated was far from prepared to meet the challenge." (Yahoo News, 21 April) RD

Tuesday, April 28, 2009

THE PRIORITIES OF CAPITALISM


A mosquito net over the door of 10 Downing Street, home of the British Prime
Minister to mark World Malaria day.




Every year billions of dollars are spent on the research and production of more and more powerful weapons. Inside capitalism it is essential to keep ahead of your trade rivals. Research into diseases or even the simple production of medicine or mosquito nets is of a very low priority compared to arms production. "Malaria is a preventable and curable disease, yet every 30 seconds, a child in sub-Saharan Africa dies from the disease, according to the World Health Organization. The Roll Back Malaria partnership has pledged money for nets, anti-malarial treatments and research for a vaccine. Last year on April 25, the World Malaria Day initiative was launched to raise awareness of the disease and efforts to control malaria around the world, as part of the Roll Back Malaria partnership -- a global group of non-governmental organizations (NGOs) and governments" (CNN.com/health, 24 April)
So a child dies every 30 seconds? So what? Capitalism needs weapons - that is the priority! RD

Monday, April 27, 2009

A GRATEFUL NATION?

"It is only when darkness falls on the streets of London that the plight of many veterans of the Armed Forces become fully apparent. More than 1,000 of them are homeless. Until a couple of months ago Ray (not his real name) was one of them living on the streets. He had enlisted in the Royal Green Jackets (Light Division) in 1993 and saw service in Northern Ireland. He left the Army in November 2001 but found Civvies Street a harsh place. ..."You think after serving your time in the Army society will accept you," he says, "but they don't and no one helps."
(Times, 25 April) RD

CAPITALISM IS A KILLER

After a few pints of beer on a Saturday night some London workers may be tempted to warble
" Maybe its because I'm a Londoner, that I love London town". Behind that tipsy loyalty though lurks a sinister fact. "Pollution kills thousands of people every year in London, far more than previous estimates, an official report will warn this week. The capital's poor air quality leads to at least 2,905 premature deaths annually, and "probably many thousands", according to a study by members of the London Assembly's environment committee. Their findings far exceed the figure of about 1,000 fatalities, which until now has been accepted. People die earlier than they should because exposure to dangerously high levels of substances such as nitrogen dioxide, fine particulates and ground-level ozone leads to heart and lung diseases, and also affects those who are already ill with an unrelated condition, according to the report." (Observer, 26 April)
If this is the case in London think how much greater the problem must be in such cities as Peking and Calcutta. Truly capitalism is a killer society. RD

Sunday, April 26, 2009

HARD TIMES?

You may be threatened by unemployment and repossession of your home in the present economic turn down, but spare a thought for the plight of the billionaires and millionaires and their losses. According to the Sunday Times Rich List Indian and Russian billionaires have suffered badly and some of the UK-born have also felt the pinch.
"Virgin boss Sir Richard Branson is reported to have lost 56% of his wealth, shedding £1.5bn and is now worth £1.2bn. Meanwhile, Formula 1 motor racing Chief Bernie Ecclestone lost £934m, leaving him at £1.46bn, the list reported. The richest British-born billionaire is the land and property owning Duke of Westminster, who has seen his wealth shrink to £6.5bn from £7bn. In fourth spot are Ernesto and Kirsty Bertarelli: the former Miss UK winner and her husband have a £5.6bn fortune based on pharmaceuticals. Their fortune has shrunk by a relatively modest 12% over the year. But it is not all gloom - the former boss of supermarket chain Morrison, Sir Ken Morrison, has seen his fortune increase by 11%, making him worth £1.6bn. The wealth of Peter and Denise Coates, owners of Stoke-based online sports betting website Bet365, has gone up by 33%, to £400m. And Harrods boss Mohammed al-Fayed has benefited from a cheap pound - his fortune stands at £650m, up 17% on last year." (BBC Times, 26 April) RD

Friday, April 24, 2009

ATOMIC DEVASTATION

Capitalism is a very dangerous society with the threat of wars, world hunger, unemployment and crime a constant menace, but here is another less obvious peril.
"The nuclear test grounds in the wastes of the Gobi desert have fallen silent but veterans of those lonely places are speaking out for the first time about the terrible price exacted by China’s zealous pursuit of the atomic bomb. They talk of picking up radioactive debris with their bare hands, of sluicing down bombers that had flown through mushroom clouds, of soldiers dying before their time of strange and rare diseases, and children born with mysterious cancers. ...New research suggests the Chinese nuclear tests from 1964 to 1996 claimed more lives than those of any other nation. Professor Jun Takada, a Japanese physicist, has calculated that up to 1.48m people were exposed to fallout and 190,000 of them may have died from diseases linked to radiation." (Sunday Times, 19 April)
Even in so-called peace-time the competition between capitalist nation states can lead to death and disease. RD

Thursday, April 23, 2009

THOSE "EXPERTS" AGAIN

"The global economy will contract sharply this year and recover only sluggishly in 2010, the International Monetary Fund said on Wednesday as it called on governments to sustain or even increase fiscal stimulus next year. The IMF said that world output would contract by 1.3 per cent this year and grow by just 1.9 per cent the year after in what it described as a “substantial downward revision” of its January forecasts, when it said that the global economy would grow by 0.5 per cent this year and spring back to 3 per cent growth in 2010."
(Financial Times, 22 April) RD

MINK FOR THE MUTTS

"While Russia's two-legged population feels the financial pinch, designer lines from sportswear to mink coats, evening gowns to bootees are being snapped up... for the nation's dogs. For mankind's four-legged friends the rigours of the Russian winter have long required some extra layers to keep out the cold. But the jewel-encrusted, over-the-top creations on offer today, together with perfumes, facial masks and Swarkovski-studded leads, go way beyond the imaginings of, say, the 19th century writer Anton Chekhov, who touched on the phenomenon of women and their dogs in "Lady with Lapdog." Unlocking the commercial potential of the instinct to pamper one's pooch are designers like Svetlana Abramova, who in 2004 launched her own brand, Very Stylish Dog (www.styledog.ru), and is now breaking into the foreign market." (Yahoo News, 18 April) RD

Wednesday, April 22, 2009

HELLO, HELLO WHAT'S ALL THIS?

The Metropolitan Police have recently come in for much criticism for their conduct at the recent London G20 demonstration, but compared to the police in China they must seem almost benign.
"In dealing with the subject, take care to leave no blood on the face, no wounds on the body, and no people in the vicinity,"
states the manual, entitled Practices of City Administration Enforcement. The book was reportedly designed as a training guide for the Chengguan, a type of police force that is charged with targeting anyone it feels is disrupting the peace, ridding China's cities of illegal street hawkers and unlicensed taxi cabs, and checking permits." (Daily Telegraph, 22 April)

Tuesday, April 21, 2009

UK POVERTY

It used to be said by SPGB speakers on the outdoor platform that the perfect worker as far as a capitalist was concerned was the following. Left school at 16 years of age went to work for the next 49 years, seven days a week, never a day off for sickness and earned a gold watch on his last day. On the Monday when he went to collect his first Old Age pension he dropped dead at the PO counter. The perfect worker! This may be looked on as a parody but it is not too far from the truth when we learn what is happening to old workers "fortunate" enough to live beyond the OAP.
"Elderly and vulnerable residents in almost half of Scotland's care homes are not receiving the palliative care, care to which they are entitled, according to a report. An investigation by the Care Commission found that 43 per cent of care homes did not realise that they should be providing palliative and end-of-life care. It also found that most care homes had failed to train staff to discuss death and dying with patients." (Times, 17 April) RD

Monday, April 20, 2009

WORLD POVERTY

From time to time everybody receives a charity appeal. It may be posted through your door or a leaflet in a newspaper. We receive so many of them that we tend to become a bit blasé about the whole charity thing, but a recent appeal from the Plan charity contained some particularly harrowing statistics.
"It's a tragic reality that one in five children born in the poorest countries won't live to see their 5th birthday. ...600 million children worldwide live on less that 70p a day - that's ten times the UK population. Working for more than 70 years and with over 100,000 child sponsors in the UK alone, Plan aims to help more children realise their full potential - and improve the lives of future generations."
Despite the sincerity and undoubted humanity of the Plan people the problem has got worse in the last 70 years. Workers contributing a pittance, to relieve the problem of world hunger are pointless. What we need is a transformation in the basis of society to one where all food, clothing and shelter are produced solely to satisfy human needs not to make a profit. RD

TOUGH AT THE TOP?

"Like those before him, Barack Obama is certainly reaping the benefits of high office. According to annual tax returns released by the White House today, he and his wife Michelle earned $2.66m in 2008, a figure that dwarfs the $400,000 salary he receives as president. Most of the money came from royalties for sales of Obama's books. His political tract, The Audacity of Hope: Thoughts on Reclaiming the American Dream, was published in 2006 and has remained on the New York Times best-seller list for 67 weeks. While his autobiography, Dreams from My Father, has been on the list for 142 weeks and is currently at number eight." (First Post, 16 April) RD

Sunday, April 19, 2009

MAD OR WHAT?

"Would you pay 145 pounds ($215) for a slice of very stale cake? That's what an antiques fair in Birmingham hopes to earn Thursday when people bid for the remnant from one of Britain's most controversial royal weddings. The cake is thought to be the only surviving item from the 1871 wedding of Queen Victoria's fourth daughter, Princess Louise, to the Marquis of Lorne. It went on sale for 145 pounds ($215) Thursday at the Antiques for Everyone fair in Birmingham. The seller is antiques dealer John Shepherd. He bought the slice from a private seller who is a descendant of a noble family from Kent." (Yahoo News, 16 April) RD

Saturday, April 18, 2009

DEBT AND DEATH

"Over 1,500 farmers in an Indian state committed suicide after being driven to debt by crop failure, it was reported today. The agricultural state of Chattisgarh was hit by falling water levels.
"The water level has gone down below 250 feet here. It used to be at 40 feet a few years ago," Shatrughan Sahu, a villager in one of the districts, told Down To Earth magazine "Most of the farmers here are indebted and only God can save the ones who do not have a bore well." ....Bharatendu Prakash, from the Organic Farming Association of India, told the Press Association: "Farmers' suicides are increasing due to a vicious circle created by money lenders. They lure farmers to take money but when the crops fail, they are left with no option other than death." (Independent, 15 April) RD

SKINT AGAIN

"Falling house prices have pushed more than 900,000 homeowners into negative equity, according to the industry body representing mortgage lenders. The latest data from the Council of Mortgage Lenders issued yesterday, reveals that the north-east of England has the highest proportion of people trapped in properties worth less than their mortgages. There, one in 10 owner-occupiers are in negative equity. By contrast, in East Anglia and Scotland it is one in 100. The council said that its latest national estimate compares with the more than 1.5 million homeowners left struggling under the weight of their home loans following the early 90s housing market crash." (Guardian, 17 April) RD

Friday, April 17, 2009

UNEXPECTED STRIKE SUPPORT

"Soldiers have warned the Government they must not be turned into strike-breakers if other public sector workers take industrial action against the proposed cuts in take-home pay. Pdforra, the association representing soldiers, sailors and air crew in the Defence Forces, is to seek an assurance from Defence Minister Willie O'Dea that the military will not be deployed to replace striking workers." (Irish Independent, 5 February) RD

HYPOCRISY AND THE CHURCH

In reviewing the BBC documentary Deliver Us From Evil shown the previous evening Andrew Billen the journalist had many shocking things to say about the Roman Catholic diocese of Los Angeles.
"There are an estimated 100,000 victims of sexual abuse by Catholic priests living in the US today. Having spent millions fighting their claims, the diocese has, since the films release in America, paid out some $60 million in reparations to 45 victims, leaving another 500 cases pending." (Times,15 April)
The suffering and trauma experienced by these children can only be imagined. Capitalism is a cruel and heartless system and the RC church is one of its most bestial pillars of support. RD

Thursday, April 16, 2009

LAND OF THE FREE?

"It's become a depressingly predictable event. Every few months, the Bureau of Justice Statistics (BJS), a branch of the US Department of Justice, releases new figures showing that the US prison and jail population has grown yet again and has reached a new all-time high. The latest statistics, released last week, show that as of June 30, 2008, more than 2.3 million people were behind bars in this country -- an increase of almost 20 percent just since 2000. This gives the United States an incarceration rate of 762 per 100,000 residents - the highest rate in the world, dwarfing those of other democracies like Great Britain (152 per 100,000), Canada (116), and Japan (63). (Yahoo News, 9 April) RD

Wednesday, April 15, 2009

NO PROFIT, NO PILL

"A pill which could prevent hundreds of thousands of deaths from heart disease, the biggest killer across the Western world, has been shown to be safe and effective in its first trials on humans. The magic bullet, containing five medicines in a single capsule, sharply reduced cholesterol and blood pressure levels and has the potential to "halve cardiovascular events in average middle-aged individuals", the researchers say. The finding is a major boost for a medication with huge potential against the worldwide epidemic of heart disease and stroke. Doctors say that, if further trials prove successful, all men aged over 50 and women aged over 60 should be offered the pill in what would be the first example of mass medication for the middle-aged in Britain. Yet no Western pharmaceutical company has shown interest in developing the so-called polypill because it does not promise big profits. It would sell for pennies because its five constituent medicines are cheap, have been around for decades and their patents have expired." (Independent, 31 March) RD

“NHS "TREATMENT"

"The NHS is today castigated for providing "inadequate" psychiatric help to vulnerable patients, as new figures reveal an average of four deaths a day among those in its care. Data collected by the National Patient Safety Agency (NPSA) shows that 1,282 people in England died in what it calls " patient safety incidents in mental health settings" in the period 2007-08. Another 913 patients - more than two a day - suffered what is termed severe harm, or permanent injuries, in such incidents." (Observer, 12 April) RD

Tuesday, April 14, 2009

"DEMOCRACY" IN ACTION

"Former Gov. Rod Blagojevich’s camp was told last year that U.S. Rep. Jesse Jackson Jr. (D-Ill.) would raise up to $5 million in campaign cash for the ex-governor if he was appointed to President Obama’s U.S. Senate seat, the Chicago Sun-Times has learned. The overture came from at least two members of the local Indian community who approached the Blagojevich fund-raising team last fall, sources say." (Chicago Sun-Times, 13 April) RD

SHIPWRECKED

"Global shipping rates are set to fall by 74 per cent this year as commodity demand continues to fall in Asia and the massive glut of vessels ordered during the boom years finally takes to the seas. The expected collapse in rates, which could push dozens of ship-owners close to bankruptcy, comes after a 92 per cent decline in the Baltic Dry Index (BDI) of shipping rates over the course of last year. The misery is expected to continue well into 2010, with a further 15 per cent drop in rates before any rebound brings relief to fleet-owners. The closely watched gauge of world trade in iron ore, coal and other bulk cargoes has fallen for 19 consecutive days, the same rate of decline that occurred after the collapse of Lehman Brothers, the investment bank, and the catastrophic freezing of trade finance. The stark warning of a continuing collapse in the BDI, issued by analysts at Nomura Securities in Hong Kong, comes after industry predictions of multiple order cancellations by ship-owners and forecasts that record numbers of vessels may be put into storage." (Times, 9 April) RD

Monday, April 13, 2009

NHS STARVATION

"More than 2,300 people died from malnutrition in NHS hospitals in England over the 10 years to 2007, according to official figures revealed yesterday to the Conservatives in a parliamentary answer. The data, from the UK Statistics Authority, showed the poorest performing regions were the West Midlands, where 409 people died from malnutrition, and the south east, where 388 died. Across England, the number of deaths increased from 209 in 1997 to 242 in 2007. Stephen O'Brien, the shadow health minister, said: "The least that patients should be able to expect is to be fed properly." (Guardian, 8 April) RD

A FEARFUL FUTURE

"It has often been said that water is "blue gold" and the next resource wars will be fought, not over oil, but over water. Maude Barlow, senior advisor to the United Nations on water issues, wrote that the way in which we view water "will in large part determine whether our future is peaceful or perilous." There is no doubt that the world's supply of drinkable fresh water is threatened. An astounding one billion people do not have access to safe drinking water today and that number is likely to reach 2.8 billion in only two decades. Will these challenges result in an all-out "water war"? "The British non-profit International Alert released a report identifying forty-six countries where water and climate stresses could ignite violent conflict by 2025, prompting the UN Secretary-General Ban Ki-moon to affirm, "The consequences for humanity are grave. Water scarcity threatens economic and social gains and is a potent fuel for wars and conflict." (The Nation, 31 March) RD

Sunday, April 12, 2009

Who owns the North Pole - part 15

Much news coverage of the Russians creating military units for a possible Arctic war as reported by Socialist Courier previously but of course they are not the only nations reinforcing their military might . We read of Canadian plans .

The First Battalion, The Royal New Brunswick Regiment is one of four reserve units from across the country designated to form the spine of a new Arctic force to be created over the next five years. Joining the 1RNBR will be the Voltigeurs de Quebec, Ontario's Grey and Simcoe Foresters, and Royal Winnipeg Rifles. To complement the creation of the unit, the military will continue with its plans to expand the Canadian Rangers, a group composed of First Nations and Inuit reservists. By 2012, those numbers are expected to reach 5,000 personnel. Should an incident occur in the Arctic, the soldiers would be available to respond.

Col. Greg MacCallum, commander of 37 Brigade Group , said the strategic significance of forming the new units is to exercise sovereignty and ownership of the Arctic.

"You do that, at least in part, by being able to project military forces into that region to show a presence and to show a capability and intent to exercise ownership of it."

Saturday, April 11, 2009

FRED AND FORLORN

"Oxfam is warning that the economic downturn is creating more poverty in the UK, making life tougher for the fifth of the population already struggling to get by. Kathleen Carter lives in poverty. At her home in Stockton-on-Tees, she cares full-time for her disabled son and husband. Her life is a constant round of cleaning, cooking, preparing medication and shopping on a very tight budget. The only income is from her pension and a small amount of benefits. She says: "It can be very soul-destroying. I've got to think of everything I buy; life is a real struggle because all the time you are thinking about what you are spending." Mrs Carter is one of the so-called Freds. It is a term Oxfam has created standing for Forgotten, Ripped-off, Excluded and Debt-ridden." (BBC News, 8 April) RD

Friday, April 10, 2009

TRUST ME, I'M A DOCTOR!


Carol Houlder, a substance abuse counselor, waited a year for surgery on her
injured ankle to be approved. “I was in so much pain and felt so hopeless for so
long,” she said.
"Dr. Hershel Samuels, an orthopaedic surgeon, put his hand on the worker’s back. “Mild spasm bilaterally,” he said softly. He pressed his fingers gingerly against the side of the man’s neck. “The left cervical is tender,” he said, “even to light palpation.” The worker, a driver for a plumbing company, told the doctor he had fallen, banging up his back, shoulder and ribs. He was seeking expanded workers’ compensation benefits because he no longer felt he could do his job. Dr. Samuels, an independent medical examiner in the state workers’ compensation system, seemed to agree. As he moved about a scuffed Brooklyn office last April, he called out test results indicative of an injured man. His words were captured on videotape. Yet the report Dr. Samuels later submitted to the New York State Workers’ Compensation Board cleared the driver for work and told a far different story: no back spasms, no tender neck. In fact, no recent injury at all. “If you did a truly pure report,” he said later in an interview, “you’d be out on your ears and the insurers wouldn’t pay for it. You have to give them what they want, or you’re in Florida. That’s the game, baby.” (New York Times, 31 March) RD

Thursday, April 09, 2009

home sweet home , or is it ?

The BBC reports that a total of 7,500 Scots are set to lose their homes this year.

That is 20 a day.

The Council for Mortgage Lenders had already raised the forecast from 48,000 to 75,000 repossessions across the UK.

"I think if things continue to get worse in the wider economy, it's going to get an awful lot worse and I think that's a real problem. We have to remember, you have two hundred thousand people in Scotland on housing waiting lists already. If you have people coming out of their own homes, they'll have to join those lists which is going to put even greater demand on housing. If the number of repossessions rises to seven and a half thousand as may well be predicted or, or even greater, apart from just the individual what impact would this have on communities?" - Shelter Scotland chairman Graeme Brown said

Wednesday, April 08, 2009

Food for Thought 3

- On Sunday, March 8th. International Women’s Day, The Toronto Star reported,” Seventy per cent of the poorest people on the planet are women and girls, and even in a wealthy country like Canada they are the majority of the poor.” Progress is slow in this system, to say the least.

- In his Toronto Star article, “To Justify Degradation, Just Cite the Economy”, Peter Gorrie shows just how “green” governments are. The federal Conservatives have tied measures that gut environmental laws to the stimulus package that must be rushed through at all costs. New Liberal leader, Michael Ignatieff, who promised to scrutinize everything the Tories did in exchange for allowing the minority government to continue, has ordered a quick passage of the bill and no opposition from the Liberal-dominated senate. Changes that undermine the Navigable WatersProtection Act have been rushed through and, in the next step, environmental assessments for 90% of the “Building Canada” stimulus package have been eliminated. Gorrie writes, “ The general impression (of the stimulus projects) is of an incoherent mishmash aimed more at enhancing Conservative fundraising and election prospects than Canada’s economic and environmental health.”
Would we expect anything else from an institution that is there to serve the capitalist system.
John Ayers

Tuesday, April 07, 2009

MUSLIM HYPOCRISY

"Morocco has become one of the largest winemakers in the Muslim world, with the equivalent of 35 million bottles produced last year. Wine brings the state millions in sales tax, even though Islam appears to be on the rise politically. "Morocco is a country of tolerance," said Mehdi Bouchaara, the deputy general manager at the Celliers de Meknes, the country's largest winemaker, which bottles over 85 per cent of national output. "It's everybody's personal choice whether to drink or not." The Celliers have flourished on this tolerance. The firm now cultivates 2,100 hectares (5,189 acres) of vineyards, bottling anything from entry-level table wine to homemade sparkling wine and even a high-end claret, Chateau Roslane, aged in a vaulted cellar packed with oak barrels imported from France. The winery now dwarfs virtually any other producer in Europe. On paper, wine is "Haram," or forbidden to Muslims. But Bouchaara said the firm's distribution is all legal since it only sells to traders authorized by the state, who in turn officially sell exclusively to non-Muslim tourists. Statistics, however, show that Moroccans consume on average one litre (a quarter of a gallon) of wine per person each year, and the Moroccan state itself is the largest owner of the country's 12,000 hectares (29,652 acres) of vineyards." (Associated Press, 6 April) RD

MORE "EXPERT" FAILURE

"The Washington Post has just dropped its separate City section and runs financial coverage in with the rest of the news. The New York Times is about to do the same.
What? Downgrade the importance of economics, bailouts and bust banks just as they grip the world by the windpipe? Was there ever such a decision so out of time? Two comments. Whole sections of expertise didn't help readers to see what was coming. And since its come, there isn't the advertising left to make them fly away." (Observer, 5 April) RD

old and in the way

A quarter of UK pensioners feel their lives are getting worse.

Michelle Mitchell from Age Concern and Help the Aged said: "Loneliness, depression, poverty and neglect blight the lives of millions of older people and for many, evidence shows the situation is getting worse, not better...."

Yet all the charities can do is make plaintive pleas to government for reforms . To be frank, campaigning charities like Age Concern and Help the Aged have got no chance at all of getting governments to change their practice of putting profits before people. And it is not because they believe merely in lobbying that dooms them to failure. As long as the capitalist system continues to exist, its economic laws will operate to put profits before people, and governments will have no choice but to dance to this tune.

Monday, April 06, 2009

RECESSION? WHAT RECESSION?

"Although most City eateries suffered a drop-off in lunchtime trade, three bankers from Deutsche Bank spotted at the Coq d'Argent clearly were determined not to let the great unwashed prevent them from having a decent lunch. A contact on a neighbouring table claims the trio drank their way through three bottles of wine at £120 a time." (Times, 2 April) RD

Food for Thought 2

- Bernard Madoff’s wife was able to withdraw $10 million dollars the day before he surrendered. The feds said,
“ The process (of scrutinizing the money) gives us the right to look at all of it to try to prove that Mrs. Madoff did not earn this money on her own”.
Now, let’s see, @ minimum wage, $10/hour, that would take her…500 years! Either she’s a very old lady, or she must have earned more than the minimum wage!

- In the recession news, the unemployed number in the US has officially hit 12.5 million and construction has soared, of tents, that is. A recent picture in the Toronto Star showed people and tents beside a railway line. A locomotive is passing close behind them with a fluttering American flag and the Union Pacific flag painted on the side and the words, “Building America” beside them. Ironic indeed!

- In Ontario, it’s up and down for the 1.3 million poor, as usual. On the good side, the minimum wage increases 75 cents per hour to $9.50, and the child tax credit doubled to $92 per child per month. The bad news is that on that basis you would still be well below the poverty line and the premier is hinting that next year’s planned increase in the minimum wage may have to be shelved until the economy improves, by which time any gains would be more than wiped out by inflation. Back to the old treadmill!

- And the ridiculous? The Ontario Energy Board has put aside money to be more flexible with those who can’t pay bills, i.e. not to charge interest on unpaid bills, and to help those people to become more energy efficient and have lower bills in the future. Only problem is the poor don’t own their houses and the landlords are not interested in refits because they don’t pay the utilities.
John Ayers

Sunday, April 05, 2009

ALIENATION WRIT LARGE

"Mary Merchant, 72, who died of natural causes in her locked house in 25 acres of land, lay undiscovered with her dog, which died of thirst, for 18 months in South Carolina. Her house was sold for tax arrears before her body was found." (Times, 2 April) RD

Malnutrition in the UK ?

“We think we are heading towards malnutrition happening here in the UK.” - Save the Children’s Colette Marshall told the BBC. "Benefits simply haven’t been enough and with rising food costs it means that families cannot afford to give children proper decent food. "

Children are being deprived of dietary staples and instead are being raised on cheap packaged food high in fat, salt and sugar. The Grocer magazine shows food prices rising by almost a fifth over the past year, with basic essentials such as rice and milk among the worst hit.

Friday, April 03, 2009

Food for Thought

- Some of the rich are hurting, too. The top 5 American banks Citibank, Bank of America, Wells Fargo Bank, J.P. Morgan Chase, and HSBC Bank, lost a combined total of $587 billion just on derivatives in 2008.

- The City of Gold, Dubai, is cancelling 1 500 work visas per day, and 53% of current construction projects, worth $582 billion are on hold.

- Warren Buffet had to make do with just $175 000 in pay for 2008, the same as the year before. He also lost $25 billion in net worth as it plunged from $62 billion to just $37 billion. How do they get by!

- Banks can recoup some of their losses through the usual immigrant practice of sending money home, by charging foreign exchange and service fees for the transfer, which amount to $2 billion per year.

- The AIG bonuses of $220 million for running their company into the ground are well publicized, but Canada’s Nortel beats that story. After laying off 1100 employees, they sought, and got, bankruptcy protection so they didn’t have to pay them severance packages, but just a couple of weeks later, they awarded themselves $45 million in bonuses, 8 senior executives taking home $7.3 million collectively. Not bad for failing, wonder what they would have got for succeeding!

- Manulife’s retiring CEO pulled in $13.25 million for 2008 (down From $17 million in 2007) and $12.6 million for 2009 even though he will retire in May
John Ayers

Thursday, April 02, 2009

A GRATEFUL GOVERNMENT?

"Although almost 4,000 military staff annually are found to have some form of mental disorder, in just over three years only 115 British personnel or veterans were compensated for the psychological injuries of war. Under the Armed Forces Compensation Scheme any soldier or veteran who can show a service-related mental disorder lasting at least six weeks is eligible for a £3,000 payout." (Times, 28 March) RD

A HOUSING BARGAIN

"Los Angeles – The widow of producer Aaron Spelling is placing "The Manor" in the exclusive Holmby Hills neighbourhood on the market for a jaw-dropping $150 million, making it by far the most expensive home for sale in the U.S. The French chateau-style mansion has 56,500 square feet of space on more than 4.6 acres and is the largest home in Los Angeles County. Among the neighbours are the Los Angeles Country Club and, not too far away, the Playboy Mansion." (Yahoo News, 27 March) RD

Wednesday, April 01, 2009

A BRAZILIAN NUT

"Weighing just 79 pounds and barely four feet tall, the 9-year-old girl, from Alagoinha, a town in the northeast, underwent an abortion when she was 15 weeks pregnant at one of the 55 centres authorized to perform the procedure in Brazil. Abortion is legal here only in cases of rape or when the mother’s life is at risk. The doctors’ actions set off a swirl of controversy. A Brazilian archbishop summarily excommunicated everyone involved — the doctors for performing the abortion and the girl’s mother for allowing it — except for the stepfather, who stands accused of raping the girl over a number of years. “The law of God is above any human law,” said José Cardoso Sobrinho, the archbishop, who argued that while rape was bad, abortion was even worse." (New York Times, 27 March) RD