Thursday, January 05, 2012
ANOTHER EMPTY PROMISE
Footballer's goal
The five-bed villa will feature a cinema, football pitch, two garages, full-size bar and banquet room. It will also have a gym, swimming pool, sauna, steam bath and stable. Sources claim the midfielder is having expensive fittings and furnishings shipped from Italy. Friends claim Obua plans to buy a yacht and dock at the nearby Munyonyo Cape pier.
A source said: “To many, Obua is one of Uganda’s biggest football exports. But he is also seen as a spoilt boy who is only concerned about his playboy lifestyle. Most Ugandans earn less than 50p a day, so it’s easy to see why this would upset people.”
Wednesday, January 04, 2012
BIG CITY BLUES
YOU RANG MY LORD?
a new year of debt
The number of people turning to the much-criticised operators, whose interest charges can quickly rack up to several hundred per cent, is approaching one million across the UK, while a further six million are using an overdraft, credit cards or other loans to keep a roof over their heads, according to housing campaigner Shelter.
Shelter Scotland spokesman Gordon MacRae said: "These findings are extremely worrying and show that millions of households are desperately struggling to keep their homes. Payday loans may seem like a quick fix to pay for housing costs but with interest rates of up to 4000% annually they are completely unsustainable and can quickly lead to snowballing debt, eviction, repossession and ultimately homelessness...Every two minutes someone in Britain faces the nightmare of losing their home. "
More than one in 10 people in the UK faces a constant struggle to pay their rent or mortgage, while 37% blame high housing costs as the cause of stress and depression in their families.
Tuesday, January 03, 2012
THE SEASON OF GOODWILL?
Monday, January 02, 2012
A prosperous New Year ?
Bryan Jackson, PKF corporate recovery partner, said: "...the fluctuations in the economy, the difficulties in the eurozone, and the clear impact of public sector cuts is increasing the number of Scots facing financial difficulties." He added: "The dramatic rise in the number of more affluent Scots being made bankrupt is a further sign that the after-effects of the recession are spreading among all sectors of society, with the result that I believe all personal insolvencies will continue to rise and remain at high levels for several years to come."
Insolvency trade body R3 Scottish council member John Hall said : "Many Scots are in a situation where they simply cannot survive any longer. They are what we call 'zombie' debtors who can only pay the interest on their debts each month. Therefore any slight change in their circumstances means they are likely to be plunged into insolvency."
Sunday, January 01, 2012
Socialist Standard No. 1289 January 2012
- Editorial: Neither London nor Brussels, but World Socialism
- Pathfinders: The Speed of Enlightenment
- Letters
- Halo Halo!
- Tiny Tips
- Cooking the Books: The Gnomes of the Market
- Material World: The Troubled-Teens Business
- Greasy Pole: Theresa May ... or May Not?
- Too Many People or Not Enough Food Production?
- Rouble-makers (part two)
- Revolution or Reform?
- Capitalism on Trial?
- Cooking the Books: Clueless
- Are You a Wage Slave?
- Book Reviews: ‘Why the West Rules – for Now’, ‘What Every Environmentalist Needs…’, ‘Born to Run’
- Proper Gander: Reflections on Black Mirror
- 50 Years Ago: The Common Market — the Real Issue
- Action Replay: Pass the Port
- Voice From the Back
- Cartoon: Free Lunch
Saturday, December 31, 2011
Is it accidental?
Some 1,364 deaths were recorded in 2010 in an Office of National Statistics as due to “unintentional injuries” , “Unintentional injury” is the NHS classification used where the victim has not deliberately inflicted injury on him or herself, but is admitted to hospital or dies as a result, such as road accidents, poisoning, and violent crimes like stabbings and shootings. However, the vast majority were from falls. Of these deaths, the bottom fifth of the population in terms of deprivation was listed as having a Standard Mortality Ratio for children of 119.3, compared with just 54.7 in the top fifth. Figures for adults were similar with an SMR of 125.2 for the bottom 20 per cent and 65.1 for the top 20 per cent.
It is thought that sub-standard housing, poor health and more crime in deprived areas (as well as greater "middle class" awareness about child safety) were relevant. The highest recorded number of accidents was in the west of Scotland – Glasgow City local authority is home to 31 per cent of the most deprived areas in Scotland.
Elizabeth Lumsden, community safety manager at the Royal Scoiety for the Prevention of Accidents (RoSPA) Scotland, said:“Those who are more income-deprived suffer poorer health and we know this is a major factor in falls which is one of the biggest causes of death and injury – especially in older people.”
Friday, December 30, 2011
Who Owns the North Pole - Part 43- China will b uy it
Chinese state-owned companies have already invested tens of billions of dollars in Canada's northern tar sands. Three years ago, the Chinese government lent a Russian company $25bn so that it could build an oil pipeline from Siberia to China, which now carries 300,000 barrels per day. Russian oil, natural gas and minerals are also moving eastwards to China via the Northern Sea Route along Siberia's increasingly ice-free Arctic coastline. And soon, natural gas will be shipped to China from two new liquefaction terminals on Canada's northwest coast.
Most of China's oil imports pass through the Strait of Malacca between Malaysia and Indonesia. In Beijing, this strategic weakness is referred to as the "Malacca dilemma". In addition, some ships loop around Africa to avoid the pirate-infested approaches to the Suez Canal, while others loop around the bottom of South America because they cannot fit into the Panama Canal. Either way, the extra distance adds additional costs - in fuel, salaries and foregone business. In late summer, the Northern Sea Route already enables a 10,000-km shortcut to Europe, while the Northwest Passage through Canada's Arctic islands offers a 7,000-km shortcut to the Atlantic seaboard of the US. With time, a third route may well become available "over the top" across the central Arctic Ocean. These developments are celebrated in China, where the media refer to the Northern Sea Route as the "Arctic Golden Waterway". Professor Bin Yang of Shanghai Maritime University estimates that the Northern Sea Route alone could save China a staggering $60bn to $120bn annually. China already has the world's largest non-nuclear powered icebreaker and is now building a second, smaller vessel. Chinese companies are also building or commissioning dozens of ice-strengthened cargo ships and tankers, some of them with dual-directional technology that enables them to sail normally on open seas, then turn round and use their propellers to chew their way through sea-ice.
Under the law of the sea, the Arctic countries have jurisdiction over that oil and gas because coastal countries have exclusive rights to any natural resource within 200 nautical miles of their coasts. They may also have jurisdiction over seabed resources even further out - if they can demonstrate scientifically that the shape and geology of the ocean floor constitute a "natural prolongation" of the continental shelf. China does not contest these rights, because it relies on the exact same rules to support its extensive claims in the South and East China Seas. Nor is there any need for China to challenge the claims of the Arctic countries. Offshore oil and gas is expensive to find, extract and transport - especially in an extremely remote and often inhospitable region. To access these riches, Arctic countries will need strong markets and vast amounts of capital, both of which China is well positioned to provide.
But beyond the extensive rights of the coastal states, near the centre of the Arctic Ocean, lies an area where the deep seabed constitutes the "common heritage of mankind" and the water column constitutes "high seas". If the central Arctic Ocean becomes the site of economic activity, China will most certainly be a player. At some point, China might wish to explore the deep Arctic Ocean for magnesium nodules or frozen gas hydrates. China is also the world's largest fishing nation, and the Arctic Ocean is closer than some of the places currently frequented by its distant-waters fleet. Coastal states can regulate fishing within 200 nautical miles of their shores, but beyond that distance, regulation only takes place through regional fisheries organisations.
The Chinese government has so far chosen not to take sides in legal disputes between the US on the one hand, and Russia and Canada on the other, over the status of the Northern Sea Route and Northwest Passage. The US claims they are "international straits", Russia and Canada claim they are "internal waters", and China, it seems, just wants to make money.
In 2009, China applied for permanent observer status at the Arctic Council, a regional organisation composed of Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the US but then, in 2011, the Arctic Council adopted new criteria for permanent observers, including the condition that they recognise "the Arctic States' right to administer the Arctic Ocean under the Convention of the Law of the Sea". China will likely never accept this condition, which as currently worded, implies that Arctic states have the right to administer the entire Arctic Ocean. In actual fact, China and other non-Arctic countries are fully entitled to navigate freely beyond 12 miles from shore, to fish beyond 200 miles from shore, and to exploit seabed resources that lie beyond the continental shelf.
China is an integral part of the globalised economy and that now includes the North Pole
Thursday, December 29, 2011
VICTIMS OF THE DOWNTURN
No housing crisis for some
The average price of a property was estimated at just over £1.5m. A total of 13 of the 20 most expensive streets named were located in Edinburgh. Some of the other most expensive addresses in the capital were Ann Street, with an average property price of £1,188,000, and Kinellan Road (£992,000).
The next most expensive streets were in the west of Aberdeen - Rubislaw Den South (£1,430,000) and Rubislaw Den North (£1,190,000).
The Glasgow area's most expensive streets were Burnside Road (£974,000) in the Whitecraigs area of East Renfrewshire and Bowmore Crescent (£908,000) in Thorntonhall, South Lanarkshire.
Outside Scotland's three major cities, the most expensive homes were on Queens Crescent in Auchterarder, Perthshire, with an average sale price of nearly £1.2m.
Wednesday, December 28, 2011
HAPPY HOLIDAYS
Tuesday, December 27, 2011
dirty air
Analysis of Scottish Air Quality data from 2011 showed levels of nitrogen dioxide (NO2) in parts of Aberdeen, Dundee, Edinburgh, Glasgow and Perth were in breach of European Union targets of 40 micrograms per cubic metre of air designed to protect health. The average life expectancy in the most polluted cities in Europe is reduced by more than two years, EU chiefs have estimated.
“As a result of a complacent approach, thousands of people are exposed to dangerous levels of air pollution in Scotland’s major cities..." Dr Dan Barlow, WWF Scotland head of policy said
Monday, December 26, 2011
FAMILY PROBLEMS
There are bankers and then there are bank staff
One Lloyds insider said: “It’s always the people on the ground who suffer. You could earn more working in Asda..."
Cashiers at the high street lender earn commission by referring clients to sales staff, who talk them through the options for mortgages, savings accounts and other products. But the bank has not only cut the commission from £2 to 60 pence as part of a clampdown on costs, and it has increased the target for each cashier from 72 referrals every three months to 77.
Sunday, December 25, 2011
Celebrating Christ Mass
“Do not think that I came to bring peace on Earth; I did not come to bring peace, but a sword. For I came to set a man against his father, and a daughter against her mother, and a daughter-in-law against her mother-in-law; and a man’s enemies will be the members of his household. He who loves father or mother more than Me is not worthy of Me; and he who loves son or daughter more than Me is not worthy of Me."
Merry Marxmas
Friday, December 23, 2011
KARL'S QUOTES
On surplus-value coming free to the capitalist,
"The circulation mechanism, however, has shown if the capitalist class casts money into circulation to be spent as revenue, it withdraws this same money again from circulation, and so the same process can always begin anew; considered as a capitalist class, therefore, it remains now as before in possession of this sum of money needed for the realization of its surplus-value. If the capitalist not only withdraws surplus-value from the commodity market in the form of commodities for his consumption fund, but at the same time the money with which he buys these commodities flows back to him, he has evidently withdrawn the commodities from circulation without an equivalent. They cost him nothing, even though he pays for them with money. If I buy commodities for one pound sterling, and the seller of these commodities gives me back my one pound in exchange for a surplus product that costs me nothing, then I have obviously received the commodities for nothing. The constant repetition of this operation, in no way alters the fact that I constantly withdraw commodities and constantly remain in possession of the one pound, even though I part with it temporarily in order to obtain these commodities. The capitalist constantly receives this money back as the realization of surplus-value that cost him nothing."
Thursday, December 22, 2011
CALIFORNIAN NIGHTMARE
ALLEY CAT MORALITY
-
Paternalism is a common attitude among well-meaning social reformers. Stemming from the root pater, or father, paternalism implies a patria...