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From The Socialist newspaper, 25 March 2009

Fast News

Housing crisis

"THE HOUSING crisis is now so great that, unless dramatic action is taken, it may take decades for the nation to recover... we simply have not produced the number of homes we so desperately need." This is the candid admission of the National Housing Federation which represents 1,200 housing associations in England.

It predicts that by 2011 there will be two million people on housing waiting lists. Meanwhile, house building will fall by 50% next year to 70,000, it added.

Clearly, only a crash house building programme of one million homes each year over the next two years can avert the housing crisis. But the government's aversion to council housing and its obsession with the private sector means that the current housing shortfall will not be remedied.

Fred's modest pension

THE UK's most hated banker - Fred 'the shred' Goodwin - sank to a new level of disdain after it was revealed that this former chief of the bankrupt Royal Bank of Scotland got RBS to pay a 2.7 million advance on his vast pension pot of 16.9 million.

It was further revealed that RBS agreed to double Sir Fred's pension on the very weekend it was asking the state for a 20 billion bailout.

Moreover, if RBS had gone bust, Fred would have got a maximum pension of 27,000 a year instead of his current 700,000 annual payout. Having wrecked the bank he should have been prosecuted for economic crimes. He can thank his lucky stars that he only had to deal with the capitalist-doting Brown government.

Barclay's tax avoidance

BARCLAY'S BANK is negotiating with the treasury to get the taxpayer to protect it against losses on potentially 80 billion of 'assets'. Meanwhile, detailed allegations about the bank's tax avoidance schemes have emerged from whistleblowers who said the bank made close to 1 billion profit a year from a series of elaborate deals.

The schemes involved the use of an intricate circuit of offshore Cayman Islands and Luxembourg companies, in deals so complex that HM Revenue and Customs struggles to unravel them.

But when the Guardian published online Barclay's tax documents revealing the tax avoidance schemes, a high court judge imposed a gagging order against the newspaper. This, despite his worshipfulness recognising that 'there is a strong public interest in how the banks go about their business'!

Galloway barred

GEORGE GALLOWAY, the Respect renewal MP and well known campaigner against the western powers' wars and occupations of Iraq and Afghanistan, has been banned from entering Canada. Its Conservative government ruled that he is a national security threat! The Canadian government has 3,000 troops in Afghanistan and Canadian PM Stephen Harper has twice extended their deployment.

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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.

  • The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
  • Our 'fighting coronavirus workers' charter', outlines a programme to combat the virus and protect workers' living conditions.
  • When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
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In The Socialist 25 March 2009:

Capitalist crisis: Make the bosses pay!

March for jobs!

Map of Youth March for Jobs route


Socialist Party editorial

Tide of job losses must be fought


Socialist Party election campaign

Rail union launches euro election challenge

An appeal from Bob Crow

No2EU Financial Appeal pdf

NO2EU Supporter appeal pdf


Socialist Party campaigns

Students need a mass fighting organisation

Credit crunch hits home

Campaign for a new workers' party

MPs - an honourable profession!

Fast News


Socialist Party feature

The uncaring care sector

Pay for your own vetting


Socialist Party marxist analysis

State repression in Britain

Keeping (illegal) tabs on us


International socialist news and analysis

France: Three million take to the streets in national strike

Canada: "Fighting back makes a difference"

Mass demo in New York against budget cuts

Scotland: International Socialists conference a big step forward

Dundee Prisme occupation: Workers remain defiant

Stop the slaughter of Tamils: London campaign meeting


Socialist Party workplace news

Nom-dom jobs slasher

New allegations hit Unison's right wing

Unison Four to face further hearings

Wales: United battle needed to stop college cuts

Fighting for justice for cleaners!

PCS Land Registry jobs and pay campaign

Workplace news in brief


 

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Related links:

Housing:

triangle'Worst crisis in housing since World War Two' - Barking Riverside inquiry into fire

triangleSelf-isolation class divide: decent homes for all!

triangleOrganising in the workplace in the time of coronavirus

triangleDetermined St Mungo's homelessness workers strike for three days

triangleSuspend rent and mortgage payments, seize empty homes

Tax:

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

Pension:

triangleFrench workers demonstrating in Paris on 16 January; Over 40 days of strike action have taken place against the government's attack on pensions. Photo James Ivens

triangleFrance: Battle over pension rights continues

triangleWest London Socialist Party: French workers - fighting back against Macron

Afghanistan:

triangleAssange arrest: US and allied governments seeking revenge for exposing dirty wars

triangleThem & us

George Galloway:

triangleLondon elections: fight for an anti-austerity GLA

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