Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page:

From The Socialist newspaper, 31 August 2011

Fast News

Mea Culpa

US investor Warren Buffett has ruffled the feathers of his fellow billionaires by demanding they pay more taxes. In what must be an anathema to Republican Tea Party zealots, Buffett said: "My friends and I have been coddled long enough by a billionaire-friendly Congress. It's time for our government to get serious about shared sacrifice."

So far, Buffett's catharsis has fallen on stony ground as the Obama administration and Congress have not reversed president Bush's 'temporary' tax cuts (worth $700 billion) to the wealthy but instead have slashed trillions from public services and welfare in an attempt to plug the country's giant debt.

Since 1979 the top 1% of US income earners have seen their federal tax liability fall from 37% to 29%. And while the middle classes have also enjoyed a 4.3% fall in tax rates, median male real earnings have not risen since 1975.

Buffett can afford to be altruistic since he certainly won't be checking down the back of the sofa for any loose change to pay the electricity bill. His motivation in demanding higher taxes for the rich probably has something to do with trying to save the capitalist system from the anger of poor workers and the dispossessed.

Exporting death

Armaments are probably the last thing people in north Africa and the Middle East need but that hasn't stopped a surge of British arms exports this year to these regions.

According to the Times, 30.5 million of arms were exported to Libya, Bahrain and Saudi Arabia between February and June 2011 (30% up on the same period in 2010) when these regimes were carrying out repression against pro-democracy opposition.

These exports coincided with David Cameron's trade tour of the Middle East where he defended UK arms sales. Eight of the 20 companies accompanying Cameron were defence and aerospace firms.

Defend women's rights

The Department of Health has confirmed that it will change the law on abortion to mean that women must be offered advice from 'independent' organisations. As well as delaying the process of getting an abortion, this opens the door to 'pro-life' groups getting involved to talk women out of going ahead.

Right wing Tory MP Nadine Dorries had tabled an amendment to the Health Bill to this effect but this move by the government removes even the need to have a debate in parliament on the issue!

Dorries has explicitly said that she hopes the measure will cut down on the number of abortions performed each year by 60,000. But she says nothing about investment in decent homes, wages, sex education, childcare or opposition to cuts. These measures would help give women a real choice over when and whether to have children.

This development shows that the Socialist was correct in warning that the Con-Dem government would attack women's reproductive rights and highlights the need for a united trade union and community response to defend hard-won women's rights.

Donate to the Socialist Party

Coronavirus crisis - Finance appeal

The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.

Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
We therefore urgently appeal to all our viewers to click here to donate to our special coronavirus appeal.

In The Socialist 31 August 2011:

Fighting public sector cuts

Mass action can stop the cuts

Con-Dems out to destroy NHS

Housing crisis wrecks people's lives

A warning from the FE sector - hands off our education!

Socialist Party editorial

The riots and the aftermath

Socialist Party news and analysis

Gaddafi regime crumbles

'Murdochgate' places Cameron under spotlight

'Broken Britain'...

Fast News

Socialist Party youth and students

We won't be a lost generation - fight for jobs and education

Socialist Party workplace news

Plymouth Unison - Battle to reverse de-recognition - Solidarity needed!

31st August - further day of protest by construction workers

Tyne and Wear: Churchill Metro workers begin fightback

South Yorkshire Newspapers strike now in seventh week

Youth workers strike across Oxfordshire

Part time workers and the great job con

Socialist Party reports and campaigns

Keep EDL out!

6,500 Swansea children in poverty

Socialist Party summer camp

Newcastle-under-Lyme Socialist Party is now up and running!

Socialist Party review

Why Marx was right


Home   |   The Socialist 31 August 2011   |   Join the Socialist Party

Subscribe   |   Donate  

Related links:


triangleCoronavirus and domestic violence: a double threat to women's lives

triangleChildcare - costly, inadequate and hard work

triangleDomestic Violence bill: We still need to fight to save our services

triangleFilm: Greed directed by Michael Winterbottom

triangleWomen's rights, trans rights and the labour movement


triangle30 years since the huge anti-poll tax demo... And how mass non-payment of the tax was built

triangleNewham campaign set up against council cuts and tax hikes

triangleLiverpool & District Socialist Party: 30 years ago - How the poll tax was defeated

triangleSalford 'no-cuts' budget includes cuts and tax rises


triangleCall to arms by Southampton council unions

triangleTory and Trump hypocrisy over murder of Saudi Arabian journalist

triangleThem & Us


triangleCardiff East Socialist Party: Abortion rights

triangleMass union mobilisation needed to counter anti-choice group

News and socialist analysis

News and socialist analysis



As coronavirus crisis intensifies, class antagonisms deepen



PPE, Tests, Full pay - for all now



New laws: Unions must be on guard against attacks on workers' interests



Labour must resist 'Covid coalition'



Coronavirus news in brief



NHS workers speak out: austerity has left us unprepared



Capitalism means empty shelves, food insecurity, and soaring profits - the case for a socialist alternative



NHS supply chain worker: privatisation has cut equipment quantity and quality



Schools: union oversight needed to end chaos in provision under coronavirus



We need tests for all now! Nationalise production and research



Coronavirus plunges capitalism into global turmoil



Coronavirus crisis: Tests, full pay and funding - for all now



Union independence must be maintained - a reply to the TUC



State intervention shows what is possible


Care workers

Social care: "Not good enough by miles"

triangleMore News and socialist analysis articles...

Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube



Phone our national office on 020 8988 8777


Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 079 8202 1969

East Mids: 077 3797 8057

London: 07748 534 891

North East: 078 4114 4890

North West 079 5437 6096

South West: 077 5979 6478

Southern: 078 3368 1910

Wales: 079 3539 1947

West Mids: 024 7655 5620

Yorkshire: 077 0671 0041



Alphabetical listing

April 2020

March 2020

February 2020

January 2020