Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/702/13582

From The Socialist newspaper, 25 January 2012

Them & Us

What a banker

Cameron's rhetoric about clamping down on bankers' bonuses is becoming more and more farcical. RBS chief executive, Stephen Hester, looks set to receive a bonus of up to 1.6 million. A sweetener in anyone's books, especially as it would come on top of his 1.2 million annual salary. It's not really clear what he is being rewarded for either - shares at RBS have slumped by over 40% in the past year and the bank has cut thousands of jobs. RBS is 84% state-owned (owned by us, that is) so Cameron could step in and do what he does best - veto. But somehow we doubt he will. He does promise though that Hester's bonus will be "less than last year" - that's less than 2 million - hard times for all.

Not up to scratch

In the Socialist issue 700, Them and Us reported on the bargain offers on food and drink available in the bars and restaurants of Parliament at a cost of 5.8 million to the taxpayer. We should probably apologise for complaining as it seems our poor MPs are having to put up with sub-standard service. The salami, for example, is far too thickly sliced: "It makes it a bit tricky to eat because the rinds are so sturdy." Most outrageously of all, in a dish of kedgeree: "The boiled egg had been cut into THREE quarters - no sign of the fourth...Petty and insulting way to save a buck." Clearly they expect more for our tax money.

The real rip-off

Trade unions are dastardly things. Always costing the taxpayer money by taking their members out on 'pointless' strikes for the fun of it. Even Labour, which relies on unions for much of its funding, insists that their power has to be limited because they're such a bad thing. But research shows that trade unions actually save us money! For every pound spent on union reps in public sector workplaces, 9 is saved as a result of lower staff turnover, fewer workplace-related injuries and sickness and fewer employment tribunals. We're yet to see any evidence of the money we spend on MPs' wages and expenses saving us money - quite the opposite in fact, they seem to see it as carte blanche to steal our jobs and services.

Poverty for the 99%

A recent piece in the Coventry Evening Telegraph highlighted the devastating poverty tens of thousands of children across Coventry and Warwickshire currently face. In the St Michael's area of Coventry, which Socialist Party councillor Dave Nellist represents, four out of every nine children are growing up below the poverty line.

Dave said: "This report paints a disturbing picture of family life, and children's poverty, in Coventry in general and in St Michael's in particular, where children start their lives with all the odds stacked against them. Children are the victims. They haven't caused the banking crisis. These shocking figures are an indictment of all politicians who want merely to manage or 'better manage' the crisis back to 'business as usual'! Our country has become much more unequal with directors of the top 100 companies last year getting a 49% rise, while ordinary wages and benefits are cut. That's a country being run for the 1%, not the 99%."

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 25 January 2012:


Anti-cuts campaign

Hard Times - but not for the 1%


Socialist Party editorial

The trade unions and Labour

Add your name to the TUSC petition

Trade Unionist and Socialist Coalition election conference


Socialist Party news and analysis

Public sector pensions: 'Coalition of the willing' gathering strength

Financial vultures kill Peacocks

Con-Demned to unemployment

Fight the Tories' Welfare Reform Bill

Victory against Dorries' abstinence education bill

Keep the racist EDL out of Leicester

Them & Us


Education

Haringey parents say: No to academies!

NUS calls national student walkout


Socialist Party feature

Balfour Beatty re-ballot: Vote to strike again

Sweetheart stitch-ups in the electrical industry: A spark's history of the Joint Industry Board

Exposed - the dirty world of the construction blacklist


International socialist news and analysis

Egypt - A year of revolution and counter-revolution


Socialist Party workplace news

Stepping up the action to defend pensions at Unilever

Defend Len Hockey: Outrageous attack on Whipps Cross hospital workers

Pontefract hospital: Army withdrawn - now kick out PFI!

Save Vine services

Llanelli: Save Prince Philip's A&E

Stop the Salford day centre closures

Kirklees parents say 'save our children's centres!'

Greenwich Unite members oppose cuts, privatisation and racism

Workplace news in brief


 

Home   |   The Socialist 25 January 2012   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Poverty:

triangleThem & Us

triangleWidening wealth gap, increase in poverty...make the fat cats pay

triangleThem & Us

triangleEnd Tory war on poor

triangleWe're freezing: reverse cuts to boiler replacement schemes!

Children:

triangleOpinion: foster care is work - carers deserve workers' rights

triangleTeacher recruitment falls by a third - cut workload, not funding

triangleBradford protest against children's service cuts

triangleThe Socialist inbox

Coventry:

triangleCoventry Socialist sales hit 1,000

triangleConference on state spies: who's watching who?

triangleWho's watching who?: The fight for justice, trade union and democratic rights

News and socialist analysis

News and socialist analysis

17/1/18

Labour

Corbyn's Labour needs 100% anti-cuts strategy and fight for democracy

17/1/18

Trump

Victory! Trump's UK visit cancelled by fear of protests

17/1/18

NHS

NHS crisis: under pressure from all angles - end cuts and sell-offs!

15/1/18

Carillion

Carillion crisis: demand action to save jobs and services

10/1/18

Tories

Cabinet chaos as shambolic reshuffle underlines Theresa May's impotence

10/1/18

NHS

Sustained mass movement needed to stop Tories wrecking our NHS

10/1/18

Education

Bigot Toby Young quits - now scrap the new uni regulator driving privatisation

10/1/18

Them & Us

Them & Us

10/1/18

Teachers

Teacher recruitment falls by a third - cut workload, not funding

3/1/18

Fire service

Fire service victory

3/1/18

Fares

Rail: fares up, bosses' pay up - delays and cancellations up

3/1/18

Higher Education

Mobilise against rip-off executive pay

3/1/18

Virgin

NHS in winter crisis as Branson creams off 1bn

3/1/18

Homes

Thousands live in tents and sheds - seize empty homes

3/1/18

Fat cats

Widening wealth gap, increase in poverty...make the fat cats pay

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle17 Jan Corbyn's Labour needs 100% anti-cuts strategy and fight for democracy

triangle17 Jan NHS crisis: under pressure from all angles - end cuts and sell-offs!

triangle17 Jan We must fight all council cuts!

triangle16 Jan Home care workers to strike

triangle15 Jan Carillion crisis: Demand action to save jobs and services

triangle12 Jan Outrage against 'monster block' plan

triangle12 Jan Mini-strike wave continues and intensifies

More ...

triangle23 Jan Bristol North Socialist Party: 'You can't have capitalism without racism' - was Malcolm X correct?

triangle23 Jan Cardiff West Socialist Party: How the Poll Tax was beaten

triangle24 Jan Caerphilly Socialist Party: The Carillion scandal

triangle24 Jan Cardiff Central Socialist Party: Carillion collapse - Watershed moment for public services

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2