Tuesday, November 18, 2008
THE FUTILITY OF REFORMISM
A CUT PRICE BARGAIN
Monday, November 17, 2008
WHAT RECESSION?
Palladio, the house on Bishops Avenue bought by Lev Leviev for £35 million
"Three enormous houses in Hampstead with billionaire price-tags are being launched in London's depleted and depressed property market with as much chutzpah as if there had been no recession at all. Jersey House in The Bishops Avenue at £40 million, The Mansion and The Villa, both in Courtenay Avenue, at £35 million and £25 million, are looking for mega-rich buyers." (Daily Telegraph, 12 November) RD
OLD AND COLD
Sunday, November 16, 2008
BORN IN THE USA
DIEING FOR A JOB
YOU SHOULD BE SO LUCKY
Saturday, November 15, 2008
Profiting from the poor
"The energy companies are making the most money out of those on pre-payment meters and often those are the people on the very lowest incomes." said CF spokesperson
Energy awareness group National Energy Action said pre-payment metered customers paid on average £359 more a year than those with normal meters. This contrasts with the extra annual cost of between £85 and £100 to maintain the pre-payment boxes - a sum estimated by energy industry regulator Ofgem.
An NEA spokeswoman also added: "Once you are in debt you are effectively blocked from switching to cheaper deals."
Friday, November 14, 2008
AMERICAN NIGHTMARE
(Reuters, 12 November) RD
LAZY WORKERS?
Thursday, November 13, 2008
TURN THE OTHER CHEEK?
MORE RELIGIOUS NONSENSE
Wednesday, November 12, 2008
Food for meaty Thought
(from Harrowsmith Country Life Magazine, October 2007 – and, believe it or not, the article came with the ‘how to cook your turkey’ tips!) John Ayers
Tuesday, November 11, 2008
Food for Thought
- Still on health, cigarette manufacturers, virtually chased out of the shrinking tobacco market in North America, have found new ones in the Third World (will it ever get to Second place?). China is the land of cheap cigarettes with ads such as, “This special product was created…as an appreciation to all women in style. Because you deserve the best” (message on packs of ‘low side stream lady’ rose flavoured cigarettes, Toronto Star, 25/10/08). Apparently it’s going well as smoking kills over a million in China every year!
- Still in China – Toronto Star headline, “Crisis Slows China’s March to Capitalism”. Ignoring the fact that they have always been capitalist, the story tells how a business couple saw the writing on the wall for their company so they took the money and ran, throwing 6 000 employees out of work. This is portrayed as ‘raw capitalism’, China style. Is it any different from the Canadian manufacturing companies who, over the last five years, have run from Canada to greener (as in green money) pastures, throwing 300 000 workers out of a job.
- And in the irony section - Mao’s personal airliner, a national relic, is on the auction block as it’s taking up too much space on a mall parking lot, needed for more shoppers!
- Canada’s election is over, thankfully quite a bit shorter than our neighbors to the South. Nevertheless it cost $300 million to stage the election not counting what the parties spent, to get an almost identical parliament to the last one – a Conservative minority with a few more Conservatives and NDP and a few less Liberals and a million voters for the Green Party with not one seat for them. The largest block of votes actually went to the No Voters – 41%, plus the estimated 8% who don’t bother to register, giving 49%. The Conservatives ‘won’ with less than 40%. Four out of five adults did not want Harper as PM! Some democracy!
John Ayers
Monday, November 10, 2008
One law for them , another law for us
The Financial Times reports a landmark High Court ruling under a 1925 law has paved the way for mortgage lenders to sell the homes of borrowers in arrears without seeking a court order after just TWO mortgage payments have failed .
The judgment dismissed the human rights defence of the homeowners in arrears and backed the right of GMAC-RFC, a specialist subprime and buy-to-let lender that is part-owned by General Motors, to appoint receivers and auction the property. The former homeowners were then evicted for trespassing by the new owner, Horsham Properties. The sale circumvented the court process through which judges can give struggling borrowers more time to arrange repayments .
John Gallagher, principal solicitor with Shelter, the housing charity, said the case “gives the green light” for lenders to sidestep courts with legal remedies “rooted in the 19th century and repugnant to most people’s sense of justice”.
Sunday, November 09, 2008
Food for Thought
Saturday, November 08, 2008
Reading Notes
“The effort to ensure a plentiful supply caused bloody conflict as one European country after another sought to establish monopolies over the produce of India’s Malabar coast (pepper, ginger), Sri Lanka (cinnamon)…”i.e. economic causes for war.-
“The meat-packing industry made beef an everyday luxury, but there was nothing benevolent about these butchers. Chicago became the world’s largest concentration of industrial capital, mass production, and human misery.” (see also Upton Sinclair’s ‘The Jungle”).-
“Every tonne of sugar consumed in Europe came at the cost of one slave’s life.”-
“In Mexico, the pre-conquest population of five to ten million was just 1.6 million in 1618. In the future United States, the native population shrank from two million in 1500 to 750 000 in 1700 and just 325 000 in 1830.” No wonder the Indian T-shirt says, “Fighting Terrorism Since 1492”. All the above come from “A Brief History of Globalization”, by AlexMacGillivray.
John Ayers
Friday, November 07, 2008
credit crunch bites
Finance experts PKF said in the third quarter of 2008, 5,998 people had been made bankrupt or entered a voluntary repayment agreement with creditors.
The firm said this was an increase of 26.7% on the previous quarter and a 70% rise on the same quarter of 2007.
A total of 14,008 Scots have been made bankrupt so far this year, while the total figure for 2007 was 13,814.
PKF said around 20,000 Scots could be declared bankrupt by the end of 2008.
work is bad for your health
He estimated that about 10% of all cancers were work related.While the issue is usually associated with older industries involving asbestos, Prof Watterson said carcinogens were present in diesel, pesticides, silica, wood dust and solvents. He added that Scotland gives a higher priority to road deaths and murders, which claimed about 1,250 lives in 2003/04, than it does to tackling work-related cancers.
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Paternalism is a common attitude among well-meaning social reformers. Stemming from the root pater, or father, paternalism implies a patria...