Skip to main content


Showing posts from January, 2008


"Tax avoidance by the super-rich costs the British taxpayer £13bn a year - enough money to increase old-age pensions by 20 per cent. The first ever forensic study of Revenue figures to establish the true scale of tax avoidance by some of the wealthiest people in Britain will pile pressure on the government to prevent the tax burden falling disproportionately on ordinary working people." (Observer, 27 January) RD


"A record price has been set for a British vehicle registration number plate after a businessman paid £375,000 to buy F1. Afzal Kahn, 37, smashed the previous record of £331,000 paid 18 months ago for M1, to purchase the plate from the Essex County Council. The Bradford entrepreneur, who has built a £75 million fortune through Kahn Design, his specialist car design company, plans to display the plate on his £317,000 Mercedes-Benz SLR McLaren supercar." (Times, 26 January) RD


"A restaurant in Britain's financial district has devised a 2,000-dollar-a-head menu for high-flyers to eat into their substantial bonuses, the Financial Times said Saturday. Vivat Bacchus has already taken at least half a dozen bookings for the 1,000-pound (1,347-euro, 1,980-dollar) meal since it began taking reservations on Friday, the business daily said. "Many of them work in the City and often ask for something unique during bonus season," co-owner Neleen Strauss was quoted as saying, adding that some people were unconcerned despite fears for the state of the world economy. "I have found over the years when bad news begins to circulate around the stock market, our City customers never fully lose their appetites," she said. The menu includes royal Seruga caviar, fresh Bahama rock lobster linguini, grilled Wagyu fillet steak, a 15-variety cheese board and chocolate souffle with clotted cream. Each course is washed down with its own glass of wine, includ…

Child-care Blues

Childcare costs are rising above the rate of inflation, with parents paying more than £8,000 a year, a charity report suggests.

The Daycare Trust says costs nationally rose 5% last year. Inflation is 2.1%. The average cost of a full-time nursery place for a child under the age of two in England was £159 per week. It also said that the cost of childcare in out-of-school clubs had risen by six times more than the rate of inflation to an average of £43 a week.

The trust said that Britons paid more for childcare than elsewhere in Europe, and many did not claim tax credits and vouchers, which can lower costs.

"Claiming tax credits - which can cover up to 80% of childcare costs - and vouchers from your employer can cut the cost of childcare considerably." said Daycare Trust joint chief executive "But even so, parents in the UK are still paying a bigger share - around 70% on average - of this spiralling cost than their neighbours in Europe, where the average is nearer 30%."�…

Mortgage Blues

AROUND 123 homes will be repossessed every day during 2008 as people struggle to keep up with their mortgage repayments, research claimed today.
The Royal Institution of Chartered Surveyors (RICS) said just under 45,000 people would lose their home during the year as the cost of servicing a mortgage remains close to record levels .

The figure is in line with estimates from the Council of Mortgage Lenders, which also expects 45,000 homes to be taken over by lenders, while City watchdog the Financial Services Authority said that 840,000 mortgages were a "cause for concern" due to their riskier lending characteristics.

It said a first-time buyer couple who were both on the bottom 25 per cent of earnings, bringing in £26,595 a year after tax, would now have to save the equivalent of 104 per cent of their joint annual take-home pay, or £27,729, in order to afford the deposit, fees and stamp duty for a typical home.


David Hind, editorial director of The Bodley Head publishing, in a talk he gave at the Royal Society for the Encouragement of Arts, Manufacturers & Commerce."Attacking astrology, New Ageism and religious fundamentalism is fun and profitable. The trouble starts when it distracts us from far more serious threats to reason...First let us look at the corporations. They pose as the trustworthy guardians of science, yet when they deem it necessary they will manipulate research to ensure the results fit their marketing needs. They even suppress research results outright, with sometimes lethal consequences. These are not accidental and occasional failings: maximising profits is what corporations are for....The pose of trustworthiness, for all its demonstrable falsity. Reaps them vast rewards, in the form of direct and indirect subsidies from the taxpayer. In the UK, for example, under a formula agreed by government and business at the end of 2004, 28 per cent of the money s…


"As a Saudi soldier with a gold sword high-stepped in front of him, President Bush walked slowly beside King Abdullah through the shivery grey mist enveloping the kingdom, following the red carpet leading from Air Force One to the airport terminal. When the two stepped onto the escalator, the president tenderly reached for the king’s hand, in case the older man needed help. He certainly does need help, but not the kind he is prepared to accept. ...Blessed is the peacemaker who comes bearing a $30 billion package of military aid for Israel and a $20 billion package of Humvees and guided bombs for the Arabs." (New York Times, 16 January) RD


"The Swiss company Caran d'Ache pays homage to watch making with a new limited-edition fountain pen. Known as the 1010—for the time at which a clock face is considered balanced, and which almost all watch ads display—the pen's body resembles watch gears and the clip a watch hand. Five-hundred silver-plated, rhodium-coated instruments will be sold for $19,000 apiece, and ten 18-karat-gold models will retail for $174,000. It's a sure way to add value to one's signature." (Newsweek, 28 January) RD


"Here's a vision of the not-so-distant future: Microchips with antennas will be embedded in virtually everything you buy, wear, drive and read, allowing retailers and law enforcement to track consumer items — and, by extension, consumers — wherever they go, from a distance. A seamless, global network of electronic "sniffers" will scan radio tags in myriad public settings, identifying people and their tastes instantly so that customized ads, "live spam," may be beamed at them. In "Smart Homes," sensors built into walls, floors and appliances will inventory possessions, record eating habits, monitor medicine cabinets — all the while, silently reporting data to marketers eager for a peek into the occupants' private lives." (Yahoo News, 26 January) RD


Inside capitalism everything has a price even your organs as this news report from New Delhi shows. "As many as 500 poor labourers may have been tricked into operations by a gang of organ traders selling kidneys in a wealthy suburb of the Indian capital, according to a report Friday. Police in Gurgaon, home to call centres and high-rise buildings, raided a house late Thursday on a tip-off from a middleman who was arrested earlier this week, the Indian Express daily reported. Two people, including a doctor, were arrested while three others who had recently been operated on were taken to hospital, the report said. Two men who were yet to be operated on were also rescued. Gurgaon police commissioner Mohinder Lal told the paper that the labourers were paid between 50,000 (1,250 dollars) and 75,000 rupees for a kidney. The kidneys were later sold by doctors for between 800,000 and one million rupees, Lal said, citing information from those arrested Thursday. (Yahoo News, 25 January) R…

1957 and 2006 - Are we better off ?

What difference does 50 years make for the working class . Are we all better off . Well , it certainly appears that way . UK household income has doubled in real terms over the last fifty years. And the pattern of family spending has also changed dramatically. Basic necessities including food accounting for a smaller proportion of our family budget, while spending is up on leisure activities, travel and motoring. Income going to housing makes up a greater share. According to the BBC and the Office of National Statistics

In 1957, spending on food, fuel and rent , the basic three items , made up nearly half of all household expenditure. Taken together with clothing and travel, basics made up nearly two-thirds of family spending. The main luxuries for the ordinary family were tobacco and alcohol, which combined made up just under 10% of spending. The biggest other luxury item was meals eaten out making up 3% of spending. Four of the top ten spending items were food or drink, with spending…

Blair - quids in

My , isn't he going to be busy man for business . First he has a job with J P Morgan Chase Bank as reported here , although the fee turned out to be 5 times what we believed at the time - $5 million a year . Now Zurich Financial Services AG, Switzerland's biggest insurer have said former Tony Blair has agreed to advise the company on international politics according to .
Blair will specifically help the insurer with its climate initiative, the Zurich-based insurer said today in a statement. He will also advise Chief Executive Officer James Schiro on general political trends and developments. No word on the filthy lucre yet though, but it's rumoured to be another half million or so .


"Although the election has become all about "change", precious little of that commodity can be found in this corner of the Old South. This is where the Confederate battle flag from the Civil War still flutters outside the state capital in Columbia, next to a large statue of Ben "Pitchfork" Tillman, a former Governor who justified and even participated in lynching." (Times, 25 January) RD


Daniel Everett once was a missionary in Brazil dealing with so-called primitive tribes, but his experience of the Piraha people made him give up that calling to become a linguist. When asked how he had changed his views he replied: "They lived so well without religion and they were so happy. Also they did not believe what I was saying because I did not have any evidence for it, and that made me think. They would try so hard to understand what I was saying, but it was utterly irrelevant to them. I began to think: what am I doing here, giving them these 2000-year old concepts when everything of value I can think of to communicate to them they already have?" (New Scientist, 19 January) RD


There are many examples of how capitalist society favours property rather than human life, but this is just about the craziest example we have come across recently.
"A Spanish driver who collided with a cyclist is suing the dead youth's family $29,300 for the damage the impact of his body did to his luxury car, a Spanish newspaper reported on Friday. Businessman Tomas Delgado says 17-year-old Enaitz Iriondo caused $20,500 of damage to his Audi A8 in the fatal 2004 crash in La Rioja region, El Pais newspaper reported. Delgado, who has faced no criminal charges for the incident, wants a further 6,000 euros to cover the cost of hiring another vehicle while his car was being repaired, El Pais said."
(Yahoo News, 25 January) RD


The biggest division in China today is between the rich and the poor. The advances of Chinese capitalism have left the working class well behind. "Despite its growing wealth, China still has a large number of poor people struggling with dramatic increases in the price of daily essentials such as pork, which jumped by 50%. Inflation hit an 11-year year high in November. Thursday's figures show that it fell back in December, although at 6.5% it remains a worry. The government has introduced a range of price controls recently aimed at bringing the cost of ordinary goods, particularly food, under control. Dramatic price rises have led to social unrest in the past and Beijing cannot afford for its millions of poor to go hungry." (BBC News, 24 January) RD


We are often told that capitalism is a very sophisticated system and that only bankers, investors and stockbrokers can be trusted to deal with its complexities, but recent events suggest otherwise. "French bank Societe Generale says it has uncovered "massive" fraud by a Paris-based trader which resulted in a loss of 4.9bn euros ($7.1bn; £3.7bn). The bank said the fraud was based on simple transactions, but concealed by "sophisticated and varied techniques". It also announced fresh losses of 2.05bn euros related to the sub-prime mortgage crisis in the US. The losses are four times greater than those made by Nick Leeson, the rogue trader who brought down Barings Bank. Leeson was sentenced to six-and-a-half years in jail. ... Richard Fuld, the chairman of Lehman Brothers, told BBC News in Davos that "nothing stuns me; nothing really surprises me these days." (BBC News, 24 January)
It seems that even these so-called masters of the universe haven't a c…


The old saying "hard work never killed anyone", like most old sayings, turns out be nonsense."Work really can kill you, according to a study on Wednesday providing the strongest evidence yet of how on-the-job stress raises the risk of heart disease by disrupting the body's internal systems. The findings from a long-running study involving more than 10,000 British civil servants also suggest stress-induced biological changes may play a more direct role than previously thought, said Tarani Chandola, an epidemiologist at University College London. "This is the first large-scale population study looking at the effects of stress measured from everyday working life on heart disease," said Chandola, who led the study. "One of the problems is people have been skeptical whether work stress really affects a person biologically." (Yahoo News, 22 January) RD


From a very early age members of the working class are taught to respect authority and look up to "our betters". One of those would undoubtedly be Boris Johnson. His birth, education, wealth and social standing would certainly qualify him for that position. The following news item shows that notwithstanding birth, wealth and social standing he is still a bit of an idiot. "Boris Johnson has apologised for referring to black people as "piccaninnies" and talking about "watermelon smiles". During a debate for the London mayoral contest on Monday, the Conservative candidate said he was "sad" that people had been offended but insisted the words had been taken out of context." (Guardian, 23 January) RD


The desperate lives of many workers are haunted by debt and poverty. Just how widespread this misery has spread can be seen by this item.
"The scale of Britain's credit dependency is revealed today by a study that shows more than five million people are spending more than they earn every month. The research into the scale of the ''buy now pay later" culture has found spending on eating out, leisure and holidays has soared above inflation and income in the past decade. Millions of people are increasingly using credit to fund their lifestyle and loan repayments have risen at twice the level of income since 1997 as people try to emulate the profligate behaviour of high-spending celebrities." (Daily Telegraph, 22 January) RD


Governments are always boasting what an efficient social system capitalism is. They also claim how well they run the system, but such a claim seems somewhat hollow.
"Benefit fraud has fallen from £2 billion to £800 million a year since 2000, but the Government is spending more money identifying overpayments than the amount being tracked down, an official report has shown. More than £154 million was spent in the last financial year to identify £106 million worth of overpayments due to fraud, said the National Audit Office (NAO). An MP said the track record of the Department for Work and Pensions (DWP) in recovering money lost to fraud was "frankly embarrassing".(Guardian, 23 January) RD

Global Warming and Capitalism

We are not at all surprised . We have been saying it all along .

The Independent On Sunday carries an article on a report that global warming ranks far down the concerns of the world's biggest companies . Nearly nine in 10 of them do not rate it as a priority . The report's publishers believe that big business will concentrate even less on climate change as the world economy deteriorates.Nearly twice as many see climate change as imposing costs on their business as those who believe it presents an opportunity to make money.

The survey found that only 5 per cent of the companies questioned – and not one in China – regarded global warming as their top priority. And only 11 per cent put it in second or third place. Overall it ranked eighth in business leaders' concerns, below increasing sales, reducing costs, developing new products and services, competing for talented staff, securing growth in emerging markets, innovation and technology. Although most are taking limited action…


"A chasm still separates the black people of South Carolina, from what Rev Jackson calls their white "brothers and sisters". It is a deep division, as was apparent after a short parade from the porch of Rev Jackson's church to the domed statehouse, where the marchers congregated in the shadow of the South's most defiant symbol of white supremacy, the battle flag of the Confederacy. Across the street from where the marchers were honouring the assassinated civil rights leader Martin Luther King Jnr, a small group of white secessionists jeered. They spoke of keeping alive the memory of the "lost cause", a euphemism for racial domination. Uniformed police and secret service agents mingled with the crowd, watchful for trouble." (Independent, 22 January) RD


The recent study of the Institute for Fiscal Studies that showed 0.1 per cent of the UK population has an income of £780,000 per annum looks decided modest when compared with the US figures. " ... the IFS's findings will be cited alongside the work of Emmanuel Saez and Thomas Piketty, the US academics who have highlighted how wealth is held in ever fewer hands. Their study, published last year, showed that the most affluent Americans are better off than at any time since the 1920s. The top 10 per cent now account for 48.5 per cent of income, and the top 1 per cent for 21.8 per cent of income." (Times, 18 January) RD


Despite its nonsensical claims to be communist the growth of Chinese capitalism is explosive and inevitably has lead to gigantic differences of wealth. "Growth in China has been spectacular but it has also been unbalanced and has created staggering inequality; the US magazine Forbes identified 66 billionaires on its China rich list last year, their coffers swelled by soaring share prices on the Shanghai exchange. Neither Donald Trump nor Steven Spielberg is rich enough to make it into a table of the top wealthiest Chinese, but most people are still desperately poor, and the Beijing government is worried that rampant food price inflation will lead to serious unrest." (Observer, 20 January) RD


David Attenborough in an interview said: "Every society that's ever existed has felt it necessary to have creation myths. Why should I believe one? People write to me and say: `You show us birds and orchids and wonderful, beautiful things - don't you feel you should give credit to He who created those things?` My reply says: what about a parasitic worm that's boring through the eye of a four-year-old child on the bank of an African river? It confuses me that I should believe in a god who cares individually for each and every one of us and could allow that to happen" (Observer Magazine, 20 January) RD


Many workers as they struggle to pay their mortgage are concerned about the so-called credit squeeze, but it does not affect members of the owning class as can be seen from the following.
"A palatial home complete with a Turkish bath for 20 people has been sold for £50 million, breaking the record for the most expensive new-build house in Britain, which was recently set by a nearby property. Toprak Mansion in north London boasts seven bedrooms, four kitchens and an 80ft dining room containing a 40ft table. It also has a green copper roof, Grecian-style pillars, a grand double staircase, a glass lift, a swimming pool with a glass bridge and a two-acre garden. The new owner, who has not been identified, is reported to be planning to spend £30 million on a makeover by an Italian designer to create a beauty salon, spa, helipad, cinema and squash court. ...The mansion was built on The Bishops Avenue, a street full of palatial homes that was once known as Millionaires' Row, but is …


"In a detailed study of the very rich, the Institute for Fiscal Studies uses data from the HM Revenue and Customs to show that the top 1 per cent of adults - comprising a group of 47,000 people - earn an average of £222,000 a year; while the top 0.1 per cent make a pre-tax income of, on average, £780,000 compared with the average across all taxpayers of £25,000." (Observer, 20 January) No worries here about minimum wage legislation or foreclosed mortgages we imagine. RD

What price a life ?

A cancer patient who was forced to pay out £3,400 per fortnight for the life-saving drug cetuximab has won his battle for funding , having previously been refused the treatment on the NHS , according to the BBC .

Originally ,the Scottish Medicines Consortium said it was not cost-effective because it could only prolong life, not cure him.

Preserving life for as long as possible should be the responsibility of the NHS , the patient is quoted as saying .

Maybe so , but under capitalism , there is always a price tag and a value placed upon a person's life . Not everyone is as fortunate as this patient was .


Over fifty years ago a popular song of the day was Baby, Its Cold Outside. Today for many workers that song would have to be changed to Baby, Its Cold in Here.
"One in six British households is living in fuel poverty, the highest for almost a decade, according to new figures that threaten the government's target to eradicate the problem in England by the end of the decade. Fuel poverty is defined as when a household spends more than a tenth of its income on utility bills. The consumer group Energywatch said yesterday there are now about 4.4 million of these in the UK, with just over 3 million in England alone." (Observer, 20 January)
Needless to say this "progress" only hurts the poor, the old and the incapacitated; yes only the working class suffer. RD


"New research on mice shows the brain processes aggressive behaviour as it does other rewards. .. The mouse brain is thought to be analogous to the human brain in this study, which could shed light on our fascination with brutal sports as well as our own penchant for the classic bar brawl. .... Scientists have known that mice and other animals are drawn to fights. Until now, they didn't know how the brain was involved. The new study, detailed online this week in the journal Psychopharmacology, reveals the same clusters of brain cells involved in other rewards are also behind the craving for violence. "Aggression occurs among virtually all vertebrates and is necessary to get and keep important resources such as mates, territory and food," said study team member Craig Kennedy, professor of special education and paediatrics at Vanderbilt University in Tennessee. "We have found that the reward pathway in the brain becomes engaged in response to an aggressive event …


"The residence of France's ambassador to Ireland is up for sale with a 60 million euro (45 million pound) price tag that would make it the most expensive home ever sold in the Irish Republic. "It's so big I have to call my wife on her mobile phone if I want to talk to her," Ambassador Yvon Roe D'Albert, who is downsizing to a more modest property, told The Irish Times. The 1,065 square metre (11,450 square foot) house sits on 1.75 acres (0.72 hectares) in Dublin's leafy embassy belt of Ballsbridge and has 10 bedrooms, including one used by former French President Charles de Gaulle. "A residence of such magnitude so close to the centre of Dublin has rarely been offered, if ever, to the market," boasts a sales brochure which also describes it as "possibly one of the finest city homes in Europe".(Yahoo News, 18 January)
We imagine that neither the working class of Paris or Dublin will be making a bid! RD


Over twenty years ago during the miners' strike the role of the police was questioned by the strikers. There were reports of the police jeering at the miners and holding up bundles of fivers of overtime money and shouting "keep up the strike, we're making a fortune". Now the police find themselves in the position of having to accept a less than generous wage settlement. They are not permitted to strike but they intend to demonstrate their grievances. "Up to 15,000 officers from all 43 forces in England and Wales will march through central London in the biggest police protest for more than a decade. ... Today's protest is the first time that police have marched to demonstrate their anger over a pay deal or unhappiness with a Government reform programme." (Times, 23 January)
Somewhat belatedly some members of the police force may now recognise that they are members of the working class, just like the miners. RD


"British Gas, the UK's biggest power provider, is to raise the amount it charges for gas and electricity by 15%. The announcement followed increases from rivals Npower and EDF Energy, with the firms blaming high wholesale costs. British Gas, owned by Windsor-based Centrica, said that it would make a loss this year without the price rise. Consumer groups and the Unite trade union have criticised the move, saying it would make life harder for firms, the elderly and those on low incomes. Before the British Gas move, Npower raised its electricity prices by 12.7% and gas by 17.2% earlier this month. EDF Energy also put up its electricity tariffs by 7.9% and gas bills by 12.9% this week." (BBC News, 18 January)
But why all the panic? After all we have a caring, sharing Labour government and they will immediately raise the pensions for the elderly and the dole for the unemployed by 15% wont they? What do you mean capitalism doesn't work that way? RD


The Labour Party promised to bring about a more equitable society, but despite these promises the exact opposite has occurred.
"The very rich have grown richer at double the pace of most Britons under Labour and their incomes may have accelerated further in recent years on the back of a rising stock market, research from the Institute for Fiscal Studies shows. Using the most detailed analysis of tax return records to date, the think-tank showed that, in every 1,000 adults, the income of the very richest person rose on average by 4 per cent above inflation every year between 1996-97 and 2004-05. That compared with growth of about 2 per cent for those on middle incomes." (Financial Times, 17 January) RD


"Amnesty International on Tuesday called on Iran to abolish the "grotesque and horrific" practice of stoning people to death. Amnesty, which opposes the death penalty under any circumstances, said an Iranian man had been stoned to death in July last year for committing adultery, despite a moratorium being imposed on such executions in 2002. The woman he was convicted of committing adultery with still faces the threat of being stoned, a practice that involves the woman being buried up to her breasts in sand and then pelted with stones until she dies. "Amnesty International is calling on the Iranian government to abolish immediately and totally execution by stoning and to impose a moratorium on the death penalty," the rights group said in a 30-page report on the practice. "Iranian law prescribes that the stones are deliberately chosen to be large enough to cause pain, but not so large as to kill the victim immediately ... It is a particularly grotesque and …


We are all victims of the allure of holidays by the sea. There is nowhere stronger in its allure than the Mediterranean, but recent reports seem to make that place a little less attractive. "The pristine white beach that stretches for miles here is one of Albania's most popular holiday destinations. But the water is a toxic brew, contaminated with untreated sewage and industrial pollutants. Durres's pollution is among the region's worst, labelled in 2006 by the European Union as a hot spot. But across the Mediterranean, millions of tons of pollution and waste are emptied into the sea each year, according to the United Nations. Some comes from factories or the runoff from agriculture. But untreated sewage is also a major cause. More than half the sewage from Mediterranean coastal development seeps into the sea untreated. Although that percentage is lower than in some other parts of the world – in Latin America, 80 percent of sewage is untreated – the problem is particu…


"Five thousand children die every day globally because they do not have access to clean toilets, health experts said on Tuesday. Wealthy governments and donors could make a huge impact on global health by making sanitation a priority, representatives from a coalition of 60 health groups said. They estimated that 40 percent of the world's people do not have access to clean and safe toilets."It is about generating political will, and we also want to see is a real mobilization around sanitation in the aid system," said Henry Northover of Water Aid, which founded the coalition End Water Poverty. "We want to see the G8 (group of industrialized nations) prioritize it this year." This would also go a long way toward meeting global targets aimed at sharply reducing world poverty by 2015, the experts said. Water Aid says 1.8 million children are dying each year before their fifth birthday from diarrhoea." (Yahoo News, 15 January) We've said it before, we w…

In Debted to Capitalism

Researchers have found that, by the age of 50 years and 90 days, the typical adult will shake off the shackles of debt. In Scotland, debt-free status comes at an average age of 49 years and six months . To pay off their debts, people use a mixture of salary, inheritance, windfalls and profits from investments.

Until then, the average Briton is in debt to the tune of £10,306. Men are deeper in the red, with debts totalling £12,631, while the average woman owes £7,982, excluding any mortgage.

"There are a lot of people in a cycle of debt. They're paying for credit over ten to 15 years, which means they may not pay it off until their retirement." Stuart Glendinning, the managing director of said .

A spokesman for Your Money Matters said: "As the cost of living continues to rise, we're being forced to save through our twenties and delay the major milestones of life until our thirties. On top of that, the average cost of a house is now well over £20…


Away back in 1906 when the British Labour Party was formed they made great play of their morality and principles. So they spoke in an almost biblical fashion about ethics. Today however we live in different circumstances and the Labour prime minister has to deal with the real world of capitalism. He represents the British capitalist class and must represent their interests. So while it true that dictatorship and the suppression of democracy may not be very ethical when he visits China he has to remember who are his paymasters.
"He said trade was not "one way" - while Britain would import more goods, it would export its financial services. He and Chinese premier Wen Jiabao have agreed to boost trade by 50% by 2010 and he predicted "tens of thousands" of British jobs would be created. ... Speaking to reporters after talks in Beijing, the two leaders confirmed they had agreed a joint target of increasing two-way trade to $60bn (£30bn) over the next two years.&quo…


It used to be said that horse racing was The Sport of Kings now it seems that football is the sport of millionaires. After a series of takeover bids in the premier league, football has moved from the sports page to the financial page. "Manchester United intends to carve out new global sponsorship deals as it seeks to capitalise on a fan base it estimates at 33m, according to David Gill, its chief executive. Announcing a record pre-tax profit of £59.6m for the year to June 30, up from £30.8m the previous year, Mr Gill said future growth would accrue from the first year of the new Premier League TV deal and commercial ventures." (Financial Times, 11 January)
So while United and City football fans might argue in the pub about the merits or demerits of this or that striker's abilities, the real business of football is raking in the loot from sponsorship deals. Capitalism sees everything from a profit angle RD


Inside capitalism men and women of the working class have to please the owners. They must be good timekeepers, hard workers and extremely obedient, but now it seems this is no longer enough - we must smile while we are being exploited. "Microsoft is developing Big Brother-style software capable of remotely monitoring a worker's productivity, physical wellbeing and competence. ... The system would allow managers to monitor employees' performance by measuring their heart rate, body temperature, movement, facial expression and blood pressure." (Times, 16 January) "
There will be no frowning in this office, Smith. Smile, damn you. Smile". RD


The columnist Richard Morrison in an article mocking the ridiculous prices paid for modern art, refers to Don Thompson's book The $12 Million Stuffed Shark and brings to notice the obscene wealth enjoyed by a handful of billionaires. Remember we are dealing with the social system of capitalism where millions exist on a $1 a day. "He looks at the buyers for "trophy" art; billionaires such as the American asset manager Steve Cohen, who bought the shark with what, for him, was loose change (it would have taken him five days, Thompson estimates, to have earned the $12 million price tag). (Times, 16 January)
Overlooking the term "earned", we are talking about someone whose income is over 2 million times that of another. Doesn't capitalism make you sick? RD


The dreadful censorship of the so-called communist party in China and the mind-numbing restrictions of Moslem leaders in the Middle East are often attacked in the Western media but what is not so generally known is the censorship enacted by Christian churches in the so-called free West. "Slovakia's broadcasting regulator Tuesday slapped a two-million-koruna (60,000 euros, 88,400 dollars) fine on a private TV company for mocking the Vatican, a report said. The broadcasting council said a programme screened by commercial station Joj's last year, which mocked Vatican instructions on applying the concept of Christian love to driving, abused viewers' religious sensibilities and was not objective, the CTK agency reported. Priests were "not the best experts" to give guidance on driving since the Vatican possessed "only two kilometres of highway and the last traffic accident was more than half a year ago," the programme mocked." (Yahoo News, 8 January…


One of the craziest aspects of capitalism is its "everything has a price" mentality. Thus an industrial court decides how much the loss of a limb or of an eye is worth in pounds and shillings. Even the loss of a partner in a divorce case is evaluated in money. This news item shows that in Kenya there is even a price put on a murder.
"The price for burning down a home: 500 shillings, or about $8. Double that to have someone hacked to death. The price list comes from a leading Kenyan human rights group that says some of the worst violence in the country's deadly disputed presidential election is the work of militias paid and directed by politicians. The government of President Mwai Kibaki and the opposition have traded blame for the killing and arson that followed Kibaki's victory in the Dec. 27 election that international observers say was followed by a rigged count. Some of the attacks took on an ugly ethnic twist, with other tribes turning on Kibaki's Kikuyu…


The vast amounts of wealth spent on weapons is staggering as this recent news item illustrates.
"The United States has agreed in principle to provide Israel with better "smart bombs" than those it plans to sell Saudi Arabia under a regional defence package, senior Israeli security sources said on Sunday. Keen to bolster Middle East allies against an ascendant Iran, the Bush administration last year proposed supplying Gulf Arab states with some $20 billion in new weapons, including Joint Direct Attack Munition (JDAM) bomb kits for the Saudis. The plan has angered Israel's backers in Washington, who say the JDAMs, which give satellite guidance for bombs, may one day be used against the Jewish state or at least blunt its power to deter potential foes. Israel has had JDAMs since 1990 and has used them extensively in a 2006 offensive in Lebanon. Israeli Prime Minister Ehud Olmert's government dropped its objections to the proposed Saudi deal in July after securing U.…


"Near what remains of the first sugar factory in Brazil, built in 1877 with a sign in Latin over the entrance that translates as “Sweet is the Reward of Work,” Danuza Gomes da Silva swings a glinting knife as she makes her way down the length of a field cutting cane. She bends to slice the sticks of young cane dropped by other workers from the top of a truck. Again and again she straightens. A band of 12 labourers like her plants about 10 acres a day. Sugar cane buds easily from the ploughed furrows, and it grows fast. But the work associated with it is hard. Danuza, round-faced and soft-eyed, makes between $8 and $13 a day depending on her productivity. At 35, she has four young children. Only 20 percent of the 7.5 million acres planted with sugar cane in Brazil is mechanized. The rest depends on manual labour like hers. ....Machines that plant and harvest are slowly spreading across the expanse of Brazilian cane fields. But Danuza’s harsh existence is a reminder that behind th…


6,000 illegal immigrants from Africa to the Canary Isles died or went missing attempting to get work in Europe. Many European governments decry this illegal operation but they are partly to blame for this trade.
"Ale Nodye, the son and grandson of fishermen in this northern Senegalese village, said that for the past six years he netted barely enough fish to buy fuel for his boat. So he jumped at the chance for a new beginning. He volunteered to captain a wooden canoe full of 87 Africans to the Canary Islands in the hopes of making their way illegally to Europe. The 2006 voyage ended badly. He and his passengers were arrested and deported. His cousin died on a similar mission not long afterward. Nonetheless, Mr. Nodye, 27, said he intended to try again. “I could be a fisherman there,” he said. “Life is better there. There are no fish in the sea here anymore.” Many scientists agree. A vast flotilla of industrial trawlers from the European Union, China, Russia and elsewhere, together…

The Gap Widens ( 4 )

And From the BBC
The rapidly rising incomes of the richest 10% of the population are the major factor contributing to growing inequality in Britain.
According to the Institute for Fiscal Studies (IFS), an independent think tank, the incomes of the top 10% have risen faster than those of the population as a whole since Labour came to power in 1997. And that increase has been particularly concentrated at the very top of the income distribution - among the half million individuals in the top 1% of the income scale.
Between the 1996-97 tax year and 2004-05, the income of the richest 1% grew at an annual rate of 3.1%, compared to 2.3% for the population as a whole, and the income of the top 0.1% grew by 4.4%. The stock market boom has boosted the income of the rich
The growth was particularly strong in the Labour's first term, where the income of the super-rich grew by 8% per year. The IFS suggests that the rising stock market between 2005 and 2007 may have further boosted the income of t…

yet again another bunch of bankers

Just how does all those bank losses bear on the rich rewards that bankers are accustomed to ? Well , for the minions of Merrill Lynch , the investment bank , not very much , at all .

This according to The Independent

Despite plunging $8.6 billion into the red , and writing off a further $14.1bn of its investments in mortgage-backed debts, taking the total write-downs to $22bn and making it Wall Street's biggest loser since the mortgage market collapsed in the summer Merrill Lynch could still pay its executives an average pay of $353,089 per employee and an average bonus of $211,849, just down only very modestly from the previous year when the figures were $364,940 and $218,957, respectively despite the sub-prime mortgage meltdown .

Stan O'Neal , the ex - chief executive of Merrill Lynch received a retirement package estimated at $160 million .


The inequalities of capitalism are worldwide, as this recent example from Peru shows.
"Kicking a football around a dusty lot, Judin Quicano looks like any other boy of four. But stand him against a standard growth chart and he is almost a head shorter than he should be at his age. ...Health officials say he is among nearly 30% of Peruvian children in his age group who suffer from chronic malnutrition. The figure rises to 90% in such places as Lliupapuquio, a village in Apurimac department in Peru's heavily Indian southern Andes where Judin lives. The picture is similar in neighbouring Bolivia and Ecuador. What makes the stunting of children's lives and bodies more shocking in Peru's case is that the country is enjoying a boom. The GDP expanded by 8.3% last year alone, and is some 45% bigger today than it was in 2001 ... Although governments have increased spending on social programmes, they have done little to improve their effectiveness. In Apurimac, majors complain o…


An example of how the gap between rich and poor is growing in China can be seen from the wealth enjoyed by the capitalist class in that country.
"In early December, Beijing's in-crowd converged on the central business district for the opening of the Kunlun gallery. Sipping Veuve Clicquot and Mumm champagne, the real estate tycoons, stock market warriors, and Prada-clad celebrities gawked at Ming Dynasty Buddhist statuary and 15th century scroll paintings. Four Tibetan art works eventually fetched $3.4 million and, at a follow-up auction eight days later, 87 pieces of Buddhist art netted $10.4 million." (Yahoo News, 11 January) RD


The gap between rich and poor widens as capitalism develops, so it should come as no surprise that China is experiencing just such a gap. "Beijing wants to give the impression of a "harmonious society", yet the gap between rich and poor is growing. With food-price inflation nudging 20 per cent, some fear protests. The heavy, grey pollution that squats like a toad over the capital has caused the president of the International Olympic Committee, Jacques Rogge, to talk of delaying the marathon. The government's confidence seems brittle. The dissident writer Hu Jia was arrested for "subverting state authority" in late December. Hu Jia sees the problems of the poor, those affected by environmental problems and people with Aids as indivisible, and this government cannot abide anyone who joins the dots. A new decree banning all but state-owned video-sharing sites will hit those showing any anti-government footage."
(New Statesman, 10 January) RD


"Accidents in China's notoriously dangerous coal mines killed nearly 3,800 people last year, state media reported Saturday — a toll that is a marked improvement from previous years, but still leaves China's mines the world's deadliest. A total of 3,786 were killed in mining accidents in 2007 — 20 percent lower than the 2006 toll, indicating the effectiveness of a safety campaign to shut small, illegal mining operations and reduce gas explosions, the Xinhua News Agency quoted the head of China's government safety watchdog as saying. Coal is the lifeblood of China's booming, energy-hungry economy. The mining industry's safety, which has never been good, has often suffered as mine owners push to dig up more coal to take advantage of higher prices." (Yahoo News, 12 January)The development of capitalism in China has led to more deaths amongst the working class. Surprise, surprise? RD


Men and women because of poverty are forced to work for wages. Inside Europe and North America they have to do as they are told by their masters, to turn up on time to be respectful and if asked to do so cringe, but it is even worse for our African comrades.
"Last year roughly 31,000 Africans tried to reach the Canary Islands, a prime transit point to Europe, in more than 900 boats. About 6,000 died or disappeared, according to one estimate cited by the United Nations." (New York Times, 14 January)
Men and women of the working class are dying to be exploited. Let us get rid of this mad society. 6.000 died last year, how many this year? RD


In a sane society technological advances would be looked upon as a step forward for humanity, but we don't live in a sane society we live in capitalism. Simon Caulkin the Management Editor of the Observer reveals some alarming outcomes of such technical progress.
"More than half of all UK employees - 52 per cent - are now subject to computer surveillance at work, according to research from the Economic and Social Research Council's "Future of Work" programme. That's a remarkable figure, and it has lead to a sharp increase in strain among those being monitored - particularly white-collar administrative staff. ... Substantial pay rises for most managers contrast with static or even declining wages for low-end computer-monitored workers, who are working harder, and longer hours, into the bargain." (Observer, 13 January) RD


The future of global warming is a complex subject, but many experts believe the growth of carbon emissions could lead to disaster. One of the supporters of that notion is the World Bank with its various schemes to halt or lessen these emissions, but their difficulty is that they also support the profit system so they are left in a contradictory position.
"The World Bank has emerged as one of the key backers behind an explosion of cattle ranching in the Amazon, which new research has identified as the greatest threat to the survival of the rainforest. Ranching has grown by half in the last three years, driven by new industrial slaughterhouses which are being constructed in the Amazon basin with the help of the World Bank. The revelation flies in the face of claims from the bank that it is funding efforts to halt deforestation and reduce the massive greenhouse gas emissions it causes. Roberto Smeraldi, head of Friends of the Earth Brazil and lead author of the new report, obtained …


The history of capitalism is one of death and destruction. Thus the English enclosure acts decimated the agricultural population, the Highland Clearances replaced generations of clans with sheep, the indigenous population of the USA were robbed and murdered, the aborigines of Australia were killed like vermin and now in South America the same pattern emerges."These are the Yanomami; a group of just under 30,000 indigenous people who live in one of the most remote and mysterious regions of the Amazon, a Portugal-sized area of almost pristine jungle, straddling the border between Brazil and Venezuela. For thousands of years the Yanomami have inhabited the region living in an almost identical way, hunters and gatherers, bound by age-old traditions and isolated from the modern world, deep in the world's largest tropical rainforest. But for how long? In the 1980s, some 40,000 illegal wildcat miners poured into the Yanomami's ancestral lands in search of gold. ... According to …

School exam cheats

Soicialist Courier has previously drawn attention to the inequities of the education system that provided for the more privileged sections rather than the poorer students . We now discover that built into the school examination system was a system of appeals procedure against low grades that favoured those who attended larger independents and comprehensives in wealthy suburbs, as opposed to those in deprived or sparsely populated areas.

Thousands of pupils from leading state and independent schools across Scotland were apparently given artificially inflated exam qualifications through a controversial computerised appeal system. Under the scheme, which was scrapped last year, Standard Grade and Higher exam results at certain schools were automatically upgraded without being separately checked by officials at the Scottish Qualifications Authority. New SQA figures reveal that in 2007, when these exam appeals were manually checked for the first time in 15 years, a large proportion were r…


The newspapers are full of foreboding about a possible economic slump and cite mortgage re-possessions and credit card debt, but this only applies to members of the working class. As usual the owning class are still rolling in it.
"If the economy is about to hit a rough patch, there was scant evidence of it at the opening day of the Collins Stewart London Boat Show at the Excel exhibition centre in Docklands. Sunseeker, a company based in Poole, Dorset, has the most expensive boat on sale, an £11.5m super yacht (anything over 24 metres is a super yacht) moored outside the hall. The Sunseeker 37 has three decks and four guest berths. It has a professional galley, room for a dozen people to sit around a walnut dining table, two lounge areas and a huge sundeck. Robert Braithwaite, who runs the company, said the firm has sold 10 and that anyone wanting to buy one would now have to wait until 2011." (Guardian, 12 January) RD

Northern on the Rocks

Northern Rock , the bank that is in crisis , has been paying a number of its senior managers secret bonuses according to a report in the Independent .

The bank has sanctioned millions of pounds in confidential "retention bonuses" to managers and management board directors deemed "essential to its continuing excellent operational performance". Some 173 staff out of a workforce of more than 6,000 have been paid the bonuses. An outlay of more than £2 million a month on bonuses to this select band of employees.

As the saying goes "The Devil protects his own"


"The love of money," the New Testament teaches in Timothy 1.6:10, "is the root of all evil." But what about some televangelists' fondness for major bling — such as multiple, multimillion dollar estates, luxury cars, vacation homes, exotic trips and private jets? Does that make them, in the words of one author, "pimps in the pulpit?" Many outside the evangelical movement are puzzled by the apparent lack of outrage following reports of high-living, tax-exempt religious broadcasters. Sen. Chuck Grassley, R-Iowa, has been looking into six mega church pastors and broadcast ministries, requesting financial records. Richard Roberts has stepped down as president of Oral Roberts University following charges that he used the school's resources for family perks, such as a trip to the Bahamas for his daughter. These charges come as no surprise to those within the evangelical world. Such tales of excess and profligacy have been an open secret for years." …


"Potential recruits to the armed forces are given a misleading picture of military life, including the physical risks and ethical dilemmas involved, according to a report published today. ... Britain is the only European country which recruits youngsters into the armed forces from the age of 16, though they cannot be deployed on operations until they are 18. The Ministry of Defence, which last night criticised the report, says this is the only way it can compete in the battle to attract school-leavers. However, today's report says the armed forces draw non-officer recruits mainly from among young people with "low educational attainment and living in poor communities". More than £2bn is invested each year in recruiting and training about 20,000 new personnel to replace those who leave, it adds. ...The report was written by David Gee, a researcher who formerly ran the Quakers' peace and disarmament programme. It was funded by the Joseph Rowntree Charitable Trust.&…


The US primary elections have featured many politicians claiming that US forces in the Middle East are now in ascendancy; alas the death statistics give the lie to that notion.
"Many Americans and Iraqis feel that 2007 was the year the war in Iraq turned around: the “surge” strategy has pacified large sections of the country; previously hostile factions like those of the cleric Moktada al-Sadr and the sheiks in Anbar Province have dropped their opposition or even sided with American and government forces; and the number of insurgent attacks has dropped steadily. Still, numbers don’t lie: for those in uniform, 2007 was the deadliest year since the invasion. The chart below — compiled from data provided by the American and Iraqi governments and news media organizations (the independent Coalition Casualty Count in particular) — gives information on the type and location of each attack responsible for the 2,592 recorded deaths among American and other coalition troops, Iraqi security …


Socialists have always maintained that countries like Russia and China that have claimed to be establishing socialism were in fact building up state capitalism, and now a pillar of US capitalism agrees with us that China has nothing to do with socialism.
"The spending choices for China's rich are multiplying as quickly as the world's fastest-growing major economy can mint new tycoons. In the latest sign of China's rising upper crust and its growing appeal to international marketers, Robb Report, a self-declared catalogue of the best of the best for the richest of the rich, is making its pitch here with a Chinese-language edition. The 200-plus-page Chinese monthly, published under the name Robb Report Lifestyle, is packed with news, product placements and advertising that promotes elite brands such as Volkswagen AG's Bugatti sports cars and Lürssen yachts to an audience." (Wall Street Journal, 9 January) RD


"Last month, the Bill and Melinda Gates Foundation donated $19 million to the Drugs for Neglected Diseases Initiative to further one of its goals: finding a new drug for African sleeping sickness. Not that $19 million will come close to doing that. Even if a miracle cure is found, it will take lab work and clinical trials that could easily cost $100 million to prove it is really a miracle and not the Vioxx of the African savannah. But the gift spotlights just how tricky the search for new treatments can be when the disease is fearsome but nearly forgotten because its victims are poor and obscure. ...“Sleeping sickness” is too benign a nickname for human African trypanosomiasis, which is caused by a protozoan spread by biting tsetse flies. When the parasites enter the brain, victims hallucinate wildly. They have been known to chase neighbours with machetes, throw themselves into latrines and scream with pain at the touch of water. Only at the end do they lapse into a lassitude so …


There is an illusion abroad that the NHS is free and available to all, but in fact like everything else inside capitalism health has a price and the wealthier you are the healthier you are likely to be.
"Drug rationing is essential in the NHS, and ministers should back the National Institute for Health and Clinical Excellence (Nice) which plays the key role in deciding which ones are worthwhile, MPs will say today in a hard-hitting report. The health select committee will call for more appraisals, not less, by Nice, which has been castigated by patient groups and drug companies whenever it has banned a new drug from the NHS. In a report following an inquiry into the workings of Nice and the fierce opposition it provokes, MPs recommend that all drugs should be given a rapid appraisal by Nice at the time of launch. Those that clearly work well enough and are cheap enough - probably no more than £20,000 a patient a year, which is lower than the current threshold - would be provided b…

Blair - politican for hire

Tony Blair has taken a part-time post with US investment bank JPMorgan , one of Wall Street's leading banks, part of JPMorgan Chase & Co, a global financial services firm with assets of $1.5 trillion (£760billion) and operations in more than 50 countries. Blair has been employed "in a senior advisory capacity", the bank said ,
Advising the bank on the "political and economic changes that globalisation brings" according to Blair himself .

It is not known how much JPMorgan will pay him, but some estimates say more than $1m (£500,000) a year. The bank said he had a "unique perspective".

Blair would advise the firm's chief executive and senior management team, "drawing on his immense international experience to provide the firm with strategic advice and insight on global political issues and emerging trends... Our firm will benefit greatly from his knowledge and experience," the bank said.

Blair earlier told the Financial Times he planned…

Just information ?

If you or anyone you know has one of the "National Entitlement Cards" that are currently used by most people for concession travel on public transport (1/3 off fares for 16-18 year olds & free bus travel for over 60s and disabled) then it's important that you check out this website:

Basically, the ID database is being set up with these as the trojan horse for this scheme. Download the report and check out the links. Do a bit of research and you'll see what's going on here.

Whether you are for or against the rise of national databases / ID cards and the like,you should give some thought to this as well - the NHS national database (which may be going EU wide).

This'll enable many thousands of people in NHS and elsewhere to access all your health records - even sensitive stuff like abortions or mental health problems. Crazy stuff.

Check out the Big Opt Out.

These links show how…


Whenever we hear of intellectual disputes at Oxford we have this idyllic picture of learned debate on deep philosophic matters, but it turns out instead to be more like a bar room brawl.
"The trials and tribulations of Wycliffe Hall, Oxford, have been many in recent times. The bad times, the arguments and the fire and brimstone all began when the college principal, the Rev Richard Turnbull, gave Britain a startling warning to the effect that 95 per cent of the population was bound for hell and damnation "unless the message of the Gospel is brought to them". Embarrassing newspaper headlines followed that address to religious conservatives, and soon there were blazing rows in cloisters which were more used to the tranquil silent study of theological texts. For months hard-line evangelicals, sticking to biblical chapter and verse, battled with liberals over issues such as hell and homosexuality. Then Elaine Storkey, 64, a female theologian at Wycliffe and contributor to BB…


Politicians every ready to seek the votes of little-Englanders often speak about the problem of immigrants from abroad coming to this country and causing problems such as housing, medical care and education. We imagine these politicians will completely ignore this type of immigration though. "Lev Leviev, who until a week ago was classified as the richest man in Israel, has joined the growing list of Israeli billionaires who have made their homes in London, where wealthy foreigners are not asked to pay tax on income earned overseas. This month, Mr Leviev officially moved into a bullet-proof house in Hampstead, which he bought for £35m. His near neighbours include several other mega-rich Israeli tycoons who prefer UK tax rates. In Israel, they are liable for tax on all their income, no matter where it is from. ...News of his departure has shocked the Israeli business community and created a political headache for its government, because of the drain of wealth from Tel Aviv to Londo…

Disabled Face Poverty

Up to three million people with disabilities in the UK could be trapped in poverty, a study by campaigning group Leonard Cheshire Disability has suggested.

Disabled people are more likely to live in hardship now than a decade ago. The poverty trap is largely due to higher day-to-day living costs for basics needs such as mobility aids, care and transport for people with disabilities which can be up to 25 per cent more than for able-bodied people .

The report, 'Disability Poverty in the UK' finds that disabled people are twice as likely to live in hardship than others. The report says that more than one-third of children living in poverty in the UK live in low-income disabled households.

Mr Parckar warns that while deprivation faced by children and elderly people has received much government attention, the hardship of people with disabilities has not been recognised.

Yet another group of people who suffer poverty . But there should not be league table of "i am more poverty-str…

Blue Monday

A special course is being run to help businesses cope with unhappy workers on the "most depressing day of the year". Experts calculate that 'Blue Monday' will fall on January 21 - the first work day in the last week of January. A team of counsellors from Kirkcaldy in Fife will advise managers of medium-sized businesses on how to spot the symptoms of depression and stress.

Triggers for Blue Monday include the weather and the arrival of the Christmas credit card bill. The formula was calculated from research carried out by Dr Cliff Arnall from the University of Cardiff.
Jeni McCabe from HR consultancy Simple Corporate Resource Solutions said : "Problems can arise with the festivities being over, 'real life' resuming, foul weather, first credit card bills of the year coming through our doors and so on. But in reality these symptoms cause year-round headaches for employers. Our event will help delegates prevent and treat these common workplace ailments. There&…

Keir Hardie on Migrant Labour

Socialist Courier has previously de-bunked the Keir Hardie myth of his anti-war credentials here and now it is time to dismiss him as a supporter of the international working class and expose his Scots racism .

James Keir Hardie in 1889 said said :-

"Dr. Johnson said God made Scotland for Scotchmen, and I would keep it so" .

Speaking of the Poles at Glengarnock, he said "their habits are very filthy, six or seven males occupying a one-roomed house, and having women to cook for them"

He suggested that the employment of foreigners by British employers should be prohibited, unless they were political exiles or had fled from religious persecution or if they came from countries where the wage rates were the same as in Britain.

Instead of directing his wrath at the capitalist class which exploits and takes advantage of the lack of working class unity , Hardie simply parrots the commonly held mis-conception that it is the poor unfortunate immigrant who is responsible for wage …

Vultures of War

Young people are being recruited into the Army with misleading marketing . The report, by the Joseph Rowntree Charitable Trust, says that recruiters are targeting children as young as seven .

The advertising campaigns used by the Ministry of Defence "glamorise warfare, omit vital information and fail to point out the risks and responsibilities associated with a forces career", says the study. The report's author, David Gee, said: "The literature available to the young glamorises the armed services but does little to show the dangers recruits may face and even less the moral dilemmas they may face..."

One particularly successful advertising programme is "Camouflage", aimed at 13 to 17-year-olds, which includes a magazine, website and interactive games. The language in the recruiting literature and promotional DVD is so sanitised, a report says, that one brochure, "Infantry Soldier", does not even mention the words “kill” or “risk”.
A common ta…


The rising threat of mortgage foreclosures and credit card debts has lead some commentators to forecast a gloomy economic future, but this is not a universal view as one up-market manufacturer explains.
"Any talk of a downturn in UK manufacturing seems very distant to Ian Robertson, chairman of Rolls-Royce Motor Cars, the upmarket UK vehicle maker owned by BMW of Germany. In 2007, Rolls-Royce’s plant in Goodwood, West Sussex, is likely to make just under 1,000 cars, a quarter up on 2006, while in 2008 Mr Robertson is pencilling in further growth of at least 10 per cent." (Financial Times, 27 December) RD


That we live in a crazy society where millions subsist on less than a $1 a day, while millionaires spend fortunes on crazy whims is well illustrated by this news item.
"One of the most famously flawed stamps in U.S. history sold for $825,000 to a New York man who bought it slightly cheaper than the record price another "Inverted Jenny" copy fetched at auction last month. The rare 1918 24-cent stamp, depicting an upside-down Curtis JN-4 biplane known as "Jenny," was sold privately this week to a Wall Street executive who did not want to be identified. Heritage Auction Gallerie’s president Greg Rohan, who brokered the sale, said the buyer is the same collector who lost an auction last month in which another "Inverted Jenny" sold for $977,500. Rohan said his client, whom he described as not being a rare stamp collector, was glad to get another chance at the prized misprint. "I suspect he's going to enjoy owning it and showing it to a few close …


Socialists have always stressed that supporting schemes of reforms will not fundamentally change the nature of capitalism and here comes an official capitalist institution whose findings back up that view.
"There are 1.4 million children living below the poverty line in Britain, even though at least one of their parents has a job. Despite the changes to taxes and benefits, and the introduction of the national minimum wage, the number of poor children in working households is no lower than in 1997, a report by the Institute for Public Policy Research says. (Times, 3 January) RD

Definitely not for the homeless

House hunting for a new home ??

Some buyers are looking for a house they can make their mark on, others are looking for a home that has already been renovated to the highest standard. This traditional Victorian stone villa in the perennially popular Grange area is in the latter category. From the outside, it has a traditional appearance, but the inside has been made over with a light, contemporary feel and state-of-the-art fixtures and fittings. It has a cinema room and substantial Victorian conservatory, and a guest flat was recently added above the triple garage.SOLD FOR £3,500,000 (April 07)

A former architect's office over seven floors, this property was converted by its former owners into a family home. The house is now one of the biggest in the West End of Edinburgh and includes a fully-equipped gym with stunning panoramic views over the city. The garden looks out on to Dean Village and the Water of Leith, while the…

The ragged trousered philanthropists

Workers in Scotland are doing increasing amounts of unpaid overtime and would receive an extra £4517 a year if they were paid for the additional hours they are putting in, according the STUC.
The number of employees in Scotland working unpaid increased by 20,000 in 2007, bringing the total to 436,000. The average amount of unpaid overtime is six hours and 54 minutes a week.
The STUC has calculated that if everyone in the UK who works unpaid overtime did all their unpaid work at the start of the year, the first day they would get paid would be February 22.
The number of employees working unpaid overtime across the UK increased by 103,000 to nearly five million; about one in five of the working population. The average annual value of unpaid overtime in the UK is £4955 per employee.

"'s figures suggest many people are not even being paid for putting in these extra hours.Workers in Scotland are giving away over £4500 a year in unpaid overtime. That's too much time and mone…

The working poor

The Institute for Public Policy Research (IPPR) says 1.4 million children in Britain live in poverty despite having at least one working parent.

Government efforts to tackle child poverty have "forgotten" to help poor parents who work.

Kate Stanley, head of social policy at the IPPR, said the challenge now was "to ensure that work really is a route out of poverty...Tax credits and the minimum wage have 'made work pay' relative to being on benefits, but these don't yet go far enough to ensure more children are lifted out of poverty. More action is needed to combine financial support and measures to boost parental employment with action to deliver fairness on pay and opportunities for progression at work."

Socialist Courier has news for this highly prestigious research institute - the slogan 'a fair days work for a fair days pay' is as old as the hills and for the working class it is a demand that is never fulfilled .

Poverty will end when the wages …

A Year of Socialist Courier

Bankrupt Solutions

Scotland's poorest and most vulnerable debtors were yesterday offered their cheapest escape from creditors.
The Scottish Government said it would allow so-called "Ninas" - people with no income and no assets - to declare themselves bankrupt for a fee of just £100.
The new "cheapie" bankruptcy will be available only to people who earn less than £220 a week, the equivalent of 40 hours on the minimum wage, and have less than £1000 in assets.

A capital(ist) solution to the problem of poverty !!

Meanwhile the Independent reports the accountancy firm Grant Thornton predicts the total number of personal insolvencies nationally will jump to at least 120,000 this year, almost triple the equivalent figure in 2004. As many as one third of bankruptcies in the first three months of the year will be caused by "excessive Christmas spending".

Steady increases in the cost of living are expected to tighten the screw. In only 12 months, the cost of filling up a vehicle with …