Wednesday, November 03, 2010

OLD, COLD AND FORGOTTEN

FORGOTTEN                                   "Almost two-thirds of older people in Northern Ireland cannot afford to heat their home through the winter, it has been revealed. The fuel poverty rate among people aged over 60 is up 15% on four years ago and now stands at 60.5%, according to the latest House Conditions Survey. The study conducted by the Housing Executive shows that the situation is even worse for older people living on their own - with almost four-fifths officially designated as living in fuel poverty.  (Independent, 28 October)     RD

Tuesday, November 02, 2010

ARTISTS AND PHONIES

"Visitors to Berlin's Museum for Contemporary Art can book themselves a night in an installation created by artist Carsten Hoeller at a cost of 1,000 Euros (889.6 pounds) as of November 5. The installation, which includes a floating hotel room on a platform shaped like a mushroom, gives guests an "opportunity to dive into the world of soma," the museum said." (Yahoo News, 22 October) There are many ideas about art but inside capitalism like everything else it is decided on price. Artists like Rembrandt and Van Gough died skint so  probably in their day they were failures not like this con man who knows how to make a few bob inside capitalism. Who do you prefer? RD

Monday, November 01, 2010

POINTLESS PROBING

 "No-one stopped and searched by police under controversial anti-terror powers was arrested for a terrorism-related offence, figures showed today. A total of 101,248 stops and searches were made under section 44 of the Terrorism Act 2000 in 2009/10, but only one in every 200 led to an arrest and none of these were terror-related, the figures released by the Home Office showed." (Independent, 28 October) RD

Perspective


Religion Slums and Slumps: Housing under Capitalism

Sunday, October 31, 2010

WHAT IS AUSTERITY?

  "Britain's bosses have been accused of greed and ignoring economic reality after boardroom pay leapt by 55% over the last year. FTSE 100 directors saw their total earnings soar in the 12 months to June, thanks to sharp rises in bonuses and performance-related pay. The average FTSE 100 chief executive now earns £4.9m a year, or almost 200 times the average wage. Unions reacted angrily to the report today. "Don't they know that this is meant to be austerity Britain?" said TUC general secretary Brendan Barber. (Guardian, 28 October) RD

WHAT HOUSING PROBLEM?

  "Sales of million-pound properties have more than doubled over the past year, fuelled by foreign cash in London. Wealthy buyers picked up nearly 3,000 properties for £1 million or above in Britain during the first six months of this year, an increase 118 per cent on the same period in 2009 compared with a 27 per cent rise generally, according to the Halifax." (Times, 23 October) RD

Saturday, October 30, 2010

THE RICH GET RICHER

 "The shift of income to the top has occurred in the most prosperous English-speaking nations, such as Australia, Britain, and Canada. But it has been most pronounced in the United States. Thirty years ago, the richest 1 percent of Americans got 9 percent of total national income. By 2007, they had 23 percent. Last year, new census data show, the rich-poor income gap was the widest on record. Wealth is more unevenly distributed. The top 20 percent of wealth-holders own 84 percent of America's wealth." (Christian Science Monitor, 18 October) RD

THIS IS CALLED FREEDOM

 "Every email, phone call and website visit is to be recorded and stored after the Coalition Government revived controversial Big Brother snooping plans. It will allow security services and the police to spy on the activities of every Briton who uses a phone or the internet. Moves to make every communications provider store details for at least a year will be unveiled later this year sparking fresh fears over a return of the surveillance state." (Daily Telegraph, 20 October) RD

Friday, October 29, 2010

AN INSANE SOCIETY

 "The worlds most expensive Barbie doll has fetched almost £200,000 at auction. The custom-made doll, who wears a one carat pink diamond necklace surrounded by three carat white diamonds, was designed by jeweller Stefano Canturi. The custom-designed doll ...sparked a bidding frenzy. The winning offer at the Christies auction in New York was $302,500." (Daily Telegraph, 21 October) RD

THE LORD WILL PROVIDE?

 "Crystal Cathedral, the mega church birthplace of the televangelist show "Hour of Power," filed for bankruptcy Monday in Southern California after struggling to emerge from debt that exceeds $43 million. In addition to a $36 million mortgage, the Orange County-based church owes $7.5 million to several hundred vendors for services ranging from advertising to the use of live animals in Easter and Christmas services.The church had been negotiating a repayment plan with vendors, but several filed lawsuits seeking quicker payment, which prompted a coalition formed by creditors to fall apart." (Associated Press, 18 October) RD

Thursday, October 28, 2010

CAPITALISM DESTROYS

  "As with the international climate negotiations which ended in fiasco last year in Copenhagen, the biodiversity talks in Nagoya could well end in political stalemate -- as the situation in numerous ecosystems around the world gets worse and worse. Already, 20 percent of the planet's 380,000 plant species are in danger of becoming extinct, primarily due to habitat destruction caused by the world's growing population. Of 5,490 species of mammals, 1,130 are threatened and 70 percent of the world's fish population in danger from over-fishing" (Der Spiegel, 18 October) RD

$312,00 FOR A WATCH?

   "Purists prefer Patek Philippe, says Vanessa Herrera, deputy director for Sotheby's Asia watch department. Every time the auction house has a Patek in its lot, it is flagged as an auction highlight. For the Oct. 6 Sotheby's watch auction, a Patek Philippe platinum 5078P sold for 2.42 million Hong Kong dollars (US$312,000). It was "a most sought-after piece," says Ms. Herrera." (Wall Street Journal, 18 October) RD

Wednesday, October 27, 2010

BIG BUCKS BALLOT

  Defenders of American capitalism are fond of claiming that whatever its faults it is at least democratic. It is however a strange sort of democracy wherein money is the real dictator. Take the election campaign of Meg Whitman for the California Governorship. "With nearly two weeks to go before the election the eBay billionaire's campaign to become chief executive of California has already smashed all records. At $140 million (£89 million) it is the most expensive non-presidential campaign in American history and the deepest any candidate has ever delved to fund their campaign." (Times, 25 October). There is nothing unique in large corporations pouring millions of dollars into election campaigns, but in this case we have an individual spending a grotesque amount that represents about $8.24 for every one of California's 17 million registered voters. Her opponent has spent a "mere" $20 million! This is democracy? RD

Tuesday, October 26, 2010

The rich get richer

Wage freeze for many. Benefit cuts for many.

Transport tycoon Brian Souter reveals the value of his investment portfolio has risen by 41% over three years totalling £400million.

Sunday, October 24, 2010

HOME OF THE BRAVE?

"The number of homes taken over by banks topped 100,000 for the first time in September, though foreclosures are expected to slow in coming months as lenders work through questionable paperwork, Banks foreclosed on 102,134 properties in September, the first single month above the century mark, RealityTrac said. There were 347,420 total foreclosure filings in September, 3 percent higher than August and 1 per cent higher than a year earlier." (Yahoo News, 14 October) RD

Friday, October 22, 2010

ARE YOU SUPRISED?

"George Osborne's claims that his spending cuts are fair have begun to unravel after the country's leading tax and spend think-tank revealed the poorest will be hit harder than the better off. In its analysis of the chancellor's spending review, the Institute for Fiscal Studies described the public spending cuts as the deepest since the second world war and said benefits would suffer the biggest squeeze since the 1970s." (Guardian. 21 October) RD

Wednesday, October 20, 2010

CONSPICIOUS CONSUMPTION

"Christopher Kane's silk-embroidered cashmere jumpers could look a bit prim. But they're the coolest thing in knitwear right now. Price: £930." (Independent, 4 October) RD

SAINTS AND EMPTY TILLS

For hundreds of years the Pope ruled supreme in the Vatican and never ventured beyond its sacred environs. In recent times though less and less people are swallowing the medieval nonsense that is the doctrine of the Roman Catholic Church and he is forced to become a sort of Thomas Cook tourist. The current holy father looks like beating all records in air miles as he tries to whip up enthusiasm for a growingly unattractive organisation. He recently visited Britain and declared the prospect of sainthood for an English convert. Now concerned about falling attendances in North America he is about to canonise a Canadian doorman. "A Canadian monk who began life as a sickly, illiterate orphan before becoming a porter is to be canonised at the Vatican on Sunday. Alfred Bessette was renowned in the late 19th century as the diminutive doorman of Montreal's College of Notre Dame, whose hands were said to have powers of healing. ... He began his life at the college in 1870 as a porter. "Our superiors put me at the door, and I remained there for 40 years," he said later." (Daily Telegraph, 15 October) As an organisation that claim to have the keys to heaven they could do worse than make a doorman a saint. They have got to get those empty collection bags full somehow. RD

OUR BETTERS?

"Three peers should be suspended and repay expenses, A parliament."committee-report-on-conduct/" a House of Lords committee has recommended after investigating their claims. Baroness Uddin should be suspended until Easter 2012 and told to repay £125,349, the committee said. It also recommended Lord Paul be suspended for four months and cross bencher Lord Bhatia for eight months.Baroness Uddin has been suspended from the Labour Party and Lord Paul has resigned his party membership Lord Paul has already paid £41,982 and Lord Bhatia has paid back £27,446." (BBC News, 18 October) RD