Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page:

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


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:


triangleChild poverty to hit 5m by 2021 - strikes can stop the cuts

triangleTaking the anti-austerity message to the chancellor's back yard

triangleThem & us

triangleProfits up Wages down

triangleOxfam scandal: we need democratic aid and working class solidarity


triangleSave Free School Meals!

triangleFor Whom the School Bell Tolls: Our kids or the Tories?

triangleCuts harm kids' health

triangleHands off free school meals!


triangleCoventry solidarity with Palestinians in Gaza

triangleContinuing the fighting tradition of working class women

triangleJapan - toxic legacy of the Fukushima disaster

News and socialist analysis

News and socialist analysis



Enoch Powell's racist 'Rivers of Blood' rant 50 years on



For a fighting, democratic Labour Party


Them & Us

Them & Us



Billions for the bosses, benefit cuts for us



1,400 beds empty as patients lay in corridors: health unions must act now



Young people need homes



A socialist approach to Corbyn and a customs union


Child poverty

Child poverty to hit 5m by 2021 - strikes can stop the cuts


Equal pay

Gender pay gap figures show need for trade union action


Young people

Alienation and austerity behind London deaths - fight for socialism



Fight the Tory enemy


Northern Ireland

Northern Ireland: peace process on the brink



Right-wing Vote Leave campaign may have broken spending laws



Retail crunch: even giants not immune as 21,000 jobs disappear



End the housing crisis! We can't wait till 2022!

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: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551



Alphabetical listing

April 2018

March 2018

February 2018

January 2018