Sunday, November 16, 2008
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.
Green Health - Red Revolution
Across the country, there are "health inequalities" related to income and social deprivation, which generally reflect differences in lifestyle, diet, and, to some extent, access to medical care.
This means that in general, people living in poorer areas are more likely to be unhealthy, and die earlier.
However, the researchers found that living near parks, woodland or other open spaces helped reduce these inequalities.
While the health specialists and enviromentalists place their faith in capitalism re-designing cities , the SPGB once more argues only socialism will create the conditions for the separation of town and countryside to wither away.
William’s Words
in the pamphlet, “How We Live and How We Might Live” (page 21),
A good analysis of how economic crises come about and relevant given our situation today.
John Ayers
Thursday, November 06, 2008
WHAT HOUSING PROBLEM?

THE SAME DIFFERENCE
Changing the ruling party doesn't change the exploitation system that is capitalism. RD
Wednesday, November 05, 2008
AINT RELIGION WONDERFUL?
MERRY XMAS?
Tuesday, November 04, 2008
NEW YORK - OLD PROBLEM

Gina Catana and her grandchildren, Emily, 2, and Christopher, 3, at the administration building for a Bronx shelter. The number of families entering homeless shelters has been increasing
"In what some see as a sign of the economic downturn’s impact on the city’s poorest, more families entered the homeless shelter system in September than in any other month since data has been collected. Some 1,446 families entered shelter in September, city officials said. That was the highest number in one month since the city began keeping track 25 years ago. In each of the past three months, the city has seen record numbers of families admitted to shelter. With the increase, roughly 9,300 families are now in shelter, or more than 28,000 people. In 2003, when the previous record was set, the average daily census of families in shelter was 9,200." (New York Times, 29 October) RD
VATICAN BONUSES
(BBC News, 3 November)
Capitalism is a social system that needs concepts like "performance-related pay", but we wonder how it will operate in the Vatican. One miracle equals how many euros? Two visions equal more or less than one miracle? We foresee some difficulties when disputes go to arbitration! RD
statistics and lies
The press made head-lines of this report :
The Organisation for Economic Co-operation and Development (OECD) Growing Unequal? report published on 21st October 2008 found that “since 2000, income inequality and poverty have fallen faster in the UK than in any other OECD country”
However , not much was reported on this report Poverty and inequality in the UK: 2008 by the Institute for Fiscal Studies (IFS) published in June this year, which found that in the UK “income inequality has risen for its second successive year and is now equal to its highest-ever level (at least since comparable records began in 1961)”.
The OECD report covers the period from 2000 to 2005, whereas the IFS report covers data up until 2007. The IFS report notes an increase in poverty in the last two years which includes an extra 300,000 children living in poverty between 2005 and 2007, and nearly a half a million pensioners entering poverty in the same period. Overall relative poverty increased by 400,000 in 2006/07 alone. Therefore it could be that 2000 to 2005 was the halcyon period of UK poverty reduction (OECD), but this has been reversed in the subsequent two years (IFS).
even so , the positive spin placed on the OECD report couldn't disguise its other findings , that the “the gap between rich and poor is still greater in the UK than in three quarters of OECD countries”. It also states that “the wage gap has widened by 20% since 1985”, and that “child poverty rates are still above the levels recorded in the mid-1980s”
Neither report studied actual wealth distribution which shows that wealth inequality has expanded most aggressively in the years between 1996 to 2003 – the period of Labour in government.
Not considered was that personal debt ballooned in the UK from 102% of personal income in 1997 to 160% of personal income by the end of 2005 and now with the credit crunch unraveling insolvency and re-possessions loom ahead .
Alright for some , eh ?
PCP Capital Partners, which Ms Staveley founded in 2005, acted for Sheikh Mansour Bin Zayed Al Nah-yan, a member of the Abu Dhabi royal family, to deliver his £3.5bn personal investment into Barclays in return for a 16 per cent shareholding of the bank.
As part of the overall £7.3bn investment Barclays unveiled on Friday, the bank is also raising up to £2bn from Qatar's sovereign wealth fund and £300m from a member of Qatar's royal family.
PCP's total commission will be £110m, but after other advisers are paid Ms Staveley's firm will earn a £40m profit. While PCP also has a handful of other partners including David Mellor, the former Tory MP, Ms Staveley is expected to pocket the majority of the £40m.
Ms Staveley also previously brokered the takeover of Manchester City football club in August by the same sheikh, Mr Mansour, who is investing in Barclays.
Ms Staveley first started to make her mark with the sheikhs and the Arabian Gulf's kingpins when she set up a restaurant in Cambridge-shire after persuading her bank manager to lend her £180,000. Crucially, she set up her Stocks eatery close to the British horseracing hub of Newmarket.The patrons of the restaurant, where Ms Staveley would work while also dabbling in her alternative career of dealing in shares worth thousands of pounds, included senior staff from the Godolphin stables owned by Sheikh Mohammed bin Rashid al Maktoum, the ruler of Dubai and the most powerful racehorse owner on the planet.
This is where the seeds of her association with the Middle East's wealthiest figures were sown.
Not what you know but who you know , it appears
Monday, November 03, 2008
HARD TIMES
Sunday, November 02, 2008
CHRISTIAN BROTHERHOOD?

(Associated Press, 25 October) RD
US GURU SHOCKED
(Yahoo News, 23 October) RD
Saturday, November 01, 2008
CRISIS? WHAT CRISIS?

(Yahoo News, 30 October) RD
Wednesday, October 29, 2008
40 years of Shelter
"I think it would be fair to say this: there was a housing crisis in 1966-1968 when Shelter Scotland was founded and we have today, sadly, a housing crisis of a different nature, but one which impacts on people's lives in really quite harmful ways...." Graeme Brown, director of Shelter Scotland conceded .
As William Morris once wrote "The palliatives over which many worthy people are busying themselves now are useless because they are but unorganised partial revolts against a vast, wide-spreading, grasping organisation which will, with the unconscious instinct of a plant, meet every attempt at bettering the conditions of the people with an attack on a fresh side."
According to the Financial Services Authority (FSA), which said 11,054 homes were taken in the three months to the end of June, compared with 6,476 during the same period of 2007. A total of 312,000 people were in mortgage arrears at the end of the second quarter , a 16 per cent jump on the same period of 2007.
H0me repossession cases have doubled in Scotland since the start of the credit crunch says the Scotland on Sunday
Nothing like a wee job
Scotland
Statistics of occupational ill health, safety and enforcement
- Rate of self-reported ill health prevalence per 100 000 people employed in the last 12 months, 2007/08 (LFS) - 4200
- Rate of reportable injury per 100 000 workers, 2006/07 (LFS, averaged) - 1000
- Number of fatal injuries to workers in 2007/08p (RIDDOR) - 32
- Number of major injuries to employees in 2007/08p (RIDDOR) – 2 721
- Offences prosecuted by HSE, 2007/08 - 140
- Offences prosecuted by local authorities, 2007/08 - 10
HOW THE OTHER 5% LIVE
Tuesday, October 28, 2008
THE BLESSINGS OF RELIGION
A DREADFUL FUTURE
(Yahoo News, 21 October) RD
Monday, October 27, 2008
A PROPERTY OWNING DEMOCRACY?

POVERTY AND CRIME
(Reuters, 21 October) RD
Sunday, October 26, 2008
POVERTY IN THE USA
Saturday, October 25, 2008
ANOTHER FRAUD EXPOSED
Friday, October 24, 2008
A BOOMING INDUSTRY EVEN IN A RECESSION
France's former Interior Minister Charles Pasqua arrives at a Paris courthouse
for the opening of a trial over a vast France-Angola arms scandal that involves
the son of late French President François Mitterrand and dozens of businessmen,
politicians and public figures
A recent issue of the magazine TIME (14 October) highlighted the immense profits to be made in capitalism even in a trade recession. " Need to start a war? No problem. While stock markets grate and financial institutions (and even whole countries, like Iceland) teeter on bankruptcy, one global industry is still drawing plenty of high-end trades and profits: weapons."
The article reported the case in a Paris courtroom where 42 officials went on trial for taking millions in kickbacks and organising huge arms commissions from the Angolan government during the mid-1990s. This group, which included a former French Interior minister and the son of the late French President Mitterand, were charged with having supplied almost $800 million worth of arms to Angola, including 12 helicopters, 6 naval vessels, 150,000 shells and 170,000 mines.
The Angolan President Jose Eduardo Dos Santos used this huge stockpile to crush the US-backed Unita rebels during Angola's devastating civil war. It is worth noting that Dos Santos is reckoned to have made millions of dollars from the transaction and that he is still in power with no prospect of a fraud trial for him.
The source of this arms hardware was the huge stockpiles of Soviet weapons left behind when the Soviet Union collapsed. The French businessman Pierre Falcone allegedly plied Angolan officials with tens of millions of dollars - some of it stuffed in in suitcases - and deposited other sums in offshore accounts.
You might imagine that these shady dealings having been brought to light could no longer occur, but you would be dreadfully wrong. "Researchers say arms trading has boomed in the decade since the Angolagate scandal was uncovered. That's partly due to hightened supply. As ex-Soviet republics emerged as economic actors in their own right, several countries developed national arms industries, refitting weapons from their stocks and manufacturing new weapons of their own. These industries have taken off in in recent years. Ukraine has about 6 million light weapons from Soviet stockpiles, and has modernised tanks, anti-aircraft missiles and other weaponry, says Hugh Griffiths, an expert on illicit weapons at the Stockholm International Peace Research Institute."
"It is very difficult to stop arms trafficing, because there is no control," says Griffiths, who has researched Ukraine's arsenal for the US government. Although NATO funds Ukraine to destroy its stockpiles, "the Ukrainians realize how much money they can make by selling surplus weapons," he says. In an action that broke no laws, the Ukrainians shipped about 40,000 Kalashnikov rifles to Kenya last year during the tense standoff following the country's disputed presidential election."
As the struggle for oil and minerals intensifies inside capitalism we have rebel conflict in Chad, Sudan, Congo and elsewhere. This conflict needs weapons and so the arms trade legitimate or otherwise flourishes. In Africa and all over the world capitalism reigns supreme. The basis of capitalism is production for profit, so in its remorseless drive for profit it leads to conflict, and eventually armed conflict. It is the nature of the beast to maim and kill and all attempts to civilise it by such grandiose titled groups like the Stockholm International Peace Research Institute are doomed to failure. As the expert Hugh Griffiths himself admits - "there are plenty of arms out there - so long as you have the money to pay for it."
RD
Thursday, October 23, 2008
DRIVEL BABY, DRIVEL
Wednesday, October 22, 2008
WAR IS MENTAL
Tuesday, October 21, 2008
NOT ONLY THE LAW

(Associated Press, 15 October) Charles Dickens had Mr Bumble declare "the law is an ass - a idiot". If he was alive today perhaps Dickens would have declared US senators and judges equally asinine. RD
Monday, October 20, 2008
ANOTHER MARKET GURU
"From his base in India's financial capital Mumbai, Raj Kumar Sharma has been tracking the turbulence in the world stock markets and has come to one firm conclusion -- it was written in the stars. As an astro-finance specialist, he has made a career on predicting whether the Bombay Stock Exchange, Nasdaq, Dow Jones or FTSE-100 will go up or down by studying favourable or unfavourable planetary alignments. Where many blame banks overstretching themselves or inadequate financial controls and policy, Sharma sees a clash between fiery Saturn and its arch enemy Leo as a key factor in the recent financial turmoil. "Leo is the sign of the sun and the sun is the father in Indian astrology," he told AFP. "But the son (Saturn) and his father (the sun) don't get along, so whenever they are sitting in the same house together, they always fight and create ill-will and danger in the market," he said." (TIME.com, 16 October) RD
Friday, October 17, 2008
POVERTY RECRUITS
Thursday, October 16, 2008
A REAL BARGAIN
READ 'EM AND WEEP!
(Newsweek, 13 October) RD
Sunday, October 12, 2008
IT’S A MAD, MAD WORLD
When I was a kid my mother read me the riot act about foolishly spending two shillings (20p) on the Grand National horse race. My mother and I were less than philosophical, but then unlike Mr Tchengiiz we were members of the working class. Lost £1 billion ? I shudder to think what my old lady would have said. RD
BUDDY CAN YOU SPARE A GRAND
(New York Times, 6 October) RD
Saturday, October 11, 2008
CAPITALISM IS WORLDWIDE
(Associated Press, 10 October) RD
A FRIGHTENING FUTURE
Friday, October 10, 2008
Who cares about the poor ?
Certainly it will not the same as the consequences the Credit Crunch will have on the working class .
The number of people seeking advice from the Citizens Advice Bureau about how to manage their debts has surged by a third in the past year according to this BBC report. 77,000 new callers in England and Wales with mortgage and loan arrears.
"These figures show how the current economic situation is hitting vulnerable and low-income households the hardest."
Mortgage lenders, on average, started repossession action when people were four months into their arrears. No government bail-out or rescue for the poor .
House repossession was rated as the event most likely to cause mental health problems according to a survey.
"Even for people lucky enough to hang on to their home, the stress and worry of arrears building up can be enough to harm your mental health - this survey shows it worries millions of us."
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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...
