MORE COMIC BOOK CAPERS

Holy Collectibles, Batman! A near-mint copy of Detective Comics No. 27, a pre-World War II comic featuring Batman's debut, was recently found in an attic and sold to a local collector. The comic is considered to be the second-most valuable available and can fetch up to $500,000. The only comic considered more valuable is Action Comics No. 1, in which Superman makes his first appearance. Collector Todd McDevitt said the Batman issue he bought is worth about $250,000, but he won't say exactly how much he paid or who sold it to him." (Yahoo News, 10 October)
What a mad world capitalism is - people dying of starvation, lack of clean water or medical treatment yet some people can spend thousands of dollars on a comic book. RD

COMIC BOOK CAPERS?

The American security firm Blackwater is owned by the millionaire Eric. D.Prince, a right-wing Republican and fundamentalist Christian. “I think that he thinks he is like Bruce Wayne in Batman,” said Robert Young Pelton, the author of “Licensed to Kill” (Crown Publishing Group), a book on contractors in Iraq, who is one of the few journalists to have interviewed Mr. Prince extensively.
“Bruce Wayne lives in a mansion and then at night he is out in the bat cave with the Batmobile. And that is Erik. I think he is conflicted.” (New York Times, 8 October)
The difference between Batman and Prince is that Batman doesn't own and defend a security company that is accused of killing 17 innocent Iraqis in downtown Baghdad. RD

NEW YORK, NEW YORK

The song declares "If you can make it there, you can make it anywhere", but that may not be as easy as the song makes out. "Beginning tomorrow night, the city will stop giving emergency shelter to families who are reapplying for a place to stay after being ruled ineligible, officials said yesterday. The decision means that families who apply for benefits but are turned down — usually because the city believes they can stay with a friend or a relative — will find themselves without shelter as they reapply one or two more times. The toughening of the policy, which follows a rise during the summer in the number of families given emergency shelter in free public apartments, was criticized as cruel by advocates for the homeless and by some of the people it will affect." (New York Times, 11 October)
Behind the glitzy facade of the richest city in the richest country in capitalism lurks the grim reality of working class poverty. RD

RAQUETS AND RACKETS

In recent weeks we have seen scandals about drugs and gambling in all sorts of sports. Baseball, athletics and horse racing have recently been the subject of press speculation. Now tennis has joined the list of sports that capitalism with its money-driven ethos has corrupted.
"Andy Murray last night became the latest high-profile tennis player to claim that his sport is being corrupted by the twin toxins of gambling and match fixing. "It is pretty disappointing for all the players, but everyone knows that it goes on," Murray told BBC Radio in a programme broadcast on FiveLive last night. "I speak to lots of guys, especially the experienced ones that have been around for a long time. They obviously know that it goes on. A lot of guys have been approached." A plethora of professional players of varying nationalities and abilities - they include Tim Henman, Novak Djokovic and Dmitry Tursunov - have said much the same thing in recent weeks." (Herald, 10 October) RD

DIAMONDS ARE FOREVER

We live in a crazy society where millions of human beings are dieing because they cannot scrape together a dollar to get something to eat, where parents watch their kids die because they cannot afford to give them clean water or purchase the cheap medicines necessary to keep them alive. Contrast that with the luxurious living of the owning class.
"A flawless blue diamond that fetched $7.98m (£3.93m) has set a record as the most expensive gemstone per carat bought at auction. Moussaieff Jewellers of London bought the stone from a private Asian collector at a Sotheby's auction in Hong Kong. Bidding for the emerald-cut 6.04 carat diamond lasted eight minutes. The stone sold for $1.32m per carat, easily beating the previous record of $926,000 per carat." (BBC News, 9 October)
Diamonds may be forever but because of capitalism millions of kids never even reach adulthood. RD

THE NEW IMPERIALISTS

It used to be that supporters of Chinese and Russian state capitalism decried the imperialism of the British Empire. Today though , it is a case of the kettle calling the pot black.
"Today, emerging-market giants are fighting for oil, gas and metal ore in Africa as energetically as 19th-century European colonialists grabbed land on the continent. Recently, the Chinese have been the most aggressive, with more than 700 companies active in 50 countries, according to Standard Bank of South Africa. China is now Africa's second largest aid donor and trading partner, behind the United States, with trade up fourfold to $40 billion since 2000. But Russia, the second most active emerging-market power in the area, is gaining. While trade with Africa is only $3 billion a year (up threefold since 2000), Russian companies flush with cash have sunk over $5 billion into buying up African assets since 2000— and that's not counting $3.5 billion of oil exploration deals that will come online before the end of the decade." (Newsweek, 15 October) RD

DEVOUT MURDERERS

We are often told by the religious-minded that "God moves in mysterious ways". After reading this report we can see what they mean by that..
"Women in Basra have become the targets of a violent campaign by religious extremists, who leave more than 15 female bodies scattered around the city each month, police officers say. Maj. Gen. Abdel Jalil Khalaf , the commander of Basra's police, said Thursday that self-styled enforcers of religious law threatened, beat and sometimes shot women who they believed weren't sufficiently Muslim." (Yahoo News, 4 October) RD

PEACE LOVERS?

The government of the USA likes to portray itself as a peace- loving country ever watchful to sponsor peace and prevent war but the reality is somewhat different.
"The United States maintained its role as the leading supplier of weapons to the developing world in 2006, followed by Russia and Britain, according to a Congressional study to be released Monday. Pakistan, India and Saudi Arabia were the top buyers. The global arms market is highly competitive, with manufacturing nations seeking both to increase profits and to expand political influence through weapons sales to developing nations, which reached nearly $28.8 billion in 2006." (New York Times, 1 October)
When the prize is over $28 billion a year you can be sure the peace-loving role is a sham. RD

Who owns the North Pole - Part 9

Reported by the BBC , in another sign of potential friction in the warming Arctic, Canada has warned that it will step up patrols of the North West Passage . Canada maintains the waterway that connects the Atlantic with the Pacific lies within its territorial waters and that it can bar transit there. The retreating ice, coupled with rising costs of petroleum, has set off maneuvering among nations bordering the Arctic as each attempts to extend claims to the continental shelf where oil might be found.

The Canadian Coast Guard is preparing to send one its research vessels, the Amundsen, through the North West Passage with about 40 scientists on board. Equipped with a remotely operated robot submarine and a sonar system, the ship will undertake a detailed survey of the sea-bed - essential if the waterway is to become more open to commercial shipping.

Bush is pushing the Senate to ratify a long-spurned high seas treaty that has gained new relevance with the melting of the polar ice cap and anticipated competition for the oil that lies below. Ex-President Reagan opposed the treaty because of a section dealing with deep seabed mining. Even after that section was overhauled in 1994 to satisfy U.S. concerns and President Clinton signed it, Congress has showed little interest in ratification. Opponents say it would impinge on U.S. military and economic sovereignty.

But , "Far from threatening our sovereignty, the convention allows us to secure and extend our sovereign rights," said the Senate Foreign Relations Committee chairman, Sen. Joseph Biden

And "Currently, as a nonparty, the United States is not in a position to maximize its sovereign rights in the Arctic or elsewhere," Deputy Secretary of State Negroponte said.

Paul Kelly, a former vice president of an oil drilling company, now president of Kelly Energy Consultants in Houston expects "substantial" additions to U.S. territory once the United States joins the treaty.

IMPORTANT ISSUES

We live in a society beset by social problems like war, poverty and world hunger, but the Archbishop of Chicago has more important issues to deal with. "A senior American cardinal has asked Jews to reconsider descriptions of Jesus as a "bastard" in exchange for a softening of traditional Catholic prayers calling for Jews to be converted to Christianity. The controversial comments, by Cardinal Francis George of the Archdiocese of Chicago, concern a prayer said during Easter celebrations by the small number of parishes or priests who celebrate a particular form of Good Friday mass. That version of Good Friday prayers calls for the congregation to pray for Jews to be converted to Christianity. But Cardinal George said this prayer should be amended to ensure it did not offend Jews." (Daily Telegraph, 6 October)
Good to know the reverends have their priorities right! RD

GOT YOUR INVITATION YET?

"There is only one place to be this week if you are anyone, or aspire to be anyone, in the arts – the Frieze Art Fair. The showcase of contemporary art, held in a marquee in Regent's Park, central London, begins on Thursday and has grown in just four years to become one of the most important and glamorous events in the world's cultural calendar. ..Such is the draw that the top auction houses time their sales of contemporary work to coincide with the arrival in London of big spenders from Britain, Russia, China and America. And breathtaking masterpieces have been flown in from New York to be showcased before they are auctioned in the Big Apple next month – these include works by Picasso, Van Gogh and Gauguin that haven't been seen publicly for a generation." (Independent on Sunday, 7 October)
It is good to know, isn't it, that in these days of austerity and tightening of belts our billionaires and their foreign companions can still afford to spend millions on works of art and still have time to have a little knees up. RD

GETTING USED TO POVERTY

"Four out of five young people aged between 18 to 24 years old are struggling with debt. Half of those owe more than £2,000, one in five owes more than £10,000 and three in ten owe over £20,000. Student fees and loans account for less than half of the debts, according to the research by YouGov to be published next month by Rainer, the youth charity. The rest was generated by spending on store cards, credit cards and overdrafts generated by socialising, shopping and 'personal luxuries'." (Observer, 7 October)
Capitalism is a wonderful system it is getting young workers used to the poverty treadmill of work and debt that will be their unenviable future. RD

WATER SWIZZ

In 2004 Coca-Cola's Dansini water "filtered for purity" by using "reverse osmosis" turned out to be tap water marked up from 0.03p to 95p per 500ml. In July, Pepsi was forced to change labels on bottles of Aguafine and admit that it "originated from a public water source" - the tap. A gullible public is still being conned though.
"Boots confirmed yesterday that it is selling water at £3.99 for little more than a cupful. Its Expert Sensitive Refreshing Facial Spritz is exactly what it says on the can: water." (Times, 6 October)
In its constant drive for profit the capitalist class are prepared to engage in all sorts of skulduggery, but Boots selling tap water at £32.92 a litre takes some beating. RD

NOT SO PATRIOTIC

At the Labour and Conservative Party conferences the drum was banged for patriotism. "British jobs for British people", "this great country of ours", "our proud British heritage", and so on ad nauseum. In fact the British capitalists don't care where they make their profits, if they can exploit workers abroad more profitably then that is what they will do, despite the cant spoken at political conferences.
"Unite, the manufacturing trade union, yesterday accused Cadbury Schweppes of behaving like an "asset-stripping private equity firm" following the company's announcement that it would shed 700 jobs by outsourcing chocolate production to Poland. Cadbury said it planned to shut its factory in Keynsham, near Bristol, by 2010, with the loss of 500 jobs, while 200 further posts would go in Bournville, in the Midlands, at the plant where it has been producing chocolate for almost 130 years. Much of the work done at the Keynsham and Bournville plants will be switched to the Polish company Wedel, which it acquired in 1998, Cadbury said, because labour and manufacturing costs would be much lower". (Independent, 4 October) RD

NOT SO SWEET CHARITY

Capitalism taints everything it touches even charity. "Indeed, the sector is very much a target for unscrupulous operators, whether they are diverting donations for relief missions for their own use or are sham clothes collectors depriving established charities and their shops of donated garments. ...Increasingly, charities use street collectors to encourage the public to donate regularly by direct debit. ..."There is an awful lot of personal information being given out," Dearman (PKF Accountants) says. There is a risk that fraudsters might impersonate street collectors and complete their own donor lists, complete with financial details, he cautioned." (Times, 2 October)
Capitalism certainly is a wonderful system; workers hoping to assist others are being ripped off. RD

NEVER STEAL ANYTHING - SMALL

Workers are taught in school and church that honesty is the best policy, but this is capitalism and capitalism just does not work that way.
"Depending on who you talk to, fraud costs the economy £14 billion a year (according to the Association of Police Officers) or £72 billion (the Association of Certified Fraud Examiners)" (Times, 2 October)
This is not workers dodging fares on the train this is a big business operation, it involves VAT evasion and what is called "carousel fraud". The Revenue and Customs have added an extra 700 staff bringing the total to 1,500 to deal with this fraud.
What a wasteful society capitalism is. Thousands of workers, crooks and cops in a ceaseless unproductive treadmill. RD

WE HOPE IT IS TRUE

It is sad, but true that it is almost impossible to lift up a newspaper without being informed about bad news. War, poverty and world hunger - it is the media's daily ration of social problems. How welcome to read of this ray of sunshine in an otherwise gloomy press.
"Outrage in cyberspace as the US Navy describes the MySpace generation as "alien life forces". They spend their lives in front of screens meeting foreigners and are therefore less willing to sign up and kill them, a Navy study reports." (Times, 2 October) RD

DIAL O FOR ORWELL

"A massive extension of surveillance powers comes into force today, giving police, government officials and even local councils unprecedented access to everyone's telephone records. The new regulations will force telecommunications companies to retain information about all landline and mobile calls made by members of the public for one year, and hand over the data to over 650 public bodies and quangos. The move, quietly approved by Parliament in July under the Regulation of Investigatory Powers Act 2000, is being justified as a vital tool in the fight against terrorism." (Daily Telegraph, 1 October)
In George Orwell's dystopia 1964 the frightening slogan was Big Brother is Watching You. A more up-to-date slogan would be Big Brother is Listening to You. RD

NOW THAT'S LIVING

"The bonanza in boardroom pay has become even more spectacular, according to the latest figures from the accountancy firm KPMG. The typical chief executive of a FTSE 100 company has seen their total remuneration rise by 12 per cent in the past year, to reach over £2.6m. That's four times the rate of increase in average earnings, leaving the business elite on pay over100 times what most of their employees earn. In the case of those chief executives still in post, their income went up by 16 per cent, accelerating last year's 9 per cent rise. The chief executive of one of the smaller FTSE 250 companies would expect to see a total package of just over £1m, up from £878,000 in 2006. Britain's top corporate earner is probably still Bob Diamond of Barclays Capital, who took home £22.9m last year, including a performance-related bonus of £10.4m." (Independent, 1 October) RD

A LIVING WAGE?

"The adult rate for the statutory minimum wage will go up from £5.35 to £5.52 and from £4.44 to £4.60 for 18-21-year-olds. The rate for 16 and 17-year-olds will increase from £3.30 to £3.40 an hour. Meanwhile, annual leave entitlement will increase from 20 to 24 days a year for full-time workers and will increase again to 28 days from April 2009. Employment Relations Minister, Pat McFadden, said: "These changes will improve the lives of millions of British workers, giving them more time with their families and ensuring our lowest paid workers continue to be able to earn a living wage." (Guardian, 1 October)
McFaddens "living wage" must seem laughable to politicians and big earners in the City. 17p an hour increases? Let the good times roll! RD