Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://secure.socialistparty.org.uk/issue/872/21501

From The Socialist newspaper, 30 September 2015

Them & Us

Lethal loan sharks

Payday loans are lethal. Mentally ill teenager Kane Sparham-Price died by suicide on the day loan shark Wonga emptied his whole bank account.

Desperate Wonga clients can end up paying 1,509% of their original loan per year due to compound interest.

Meanwhile, failed bank Northern Rock paid only 2.7% interest on its state bailout in the 2010-2011 financial year. The government paid around 4.2% interest on the debt incurred to buy it!

It's banks like Northern Rock which caused the financial crisis. This gave establishment politicians the cover for cuts which force vulnerable people like Kane over the edge.

A blameless 18-year-old was left destitute - and died. Since 2007, casino cokeheads at the top of UK finance have taken home over 100 billion in bonuses.

Get out of jail free

If one of us terrorised, tortured and dismembered a harmless animal, we could expect prosecution. Rightly so. Even if it was a pest, there'd be general disgust at flamboyant cruelty.

Unless you're a toff huntsman, of course. Then you can just ask David Cameron to write to the police and get you off.

The latest claim from disenchanted Tory donor Lord Ashcroft is that Cameron intervened to save huntsman pal Julian Barnfield. Aschroft says the Conservative leader told cops to drop a case against Barnfield for illegal fox hunting.

The super-rich pay establishment MPs to make laws in their favour. When one slips through they don't like, they just tell their lackeys to ignore it.

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.

  • 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.
We therefore urgently appeal to all our viewers to donate to our special coronavirus appeal.

Please donate here.

All payments are made through a secure server.

My donation

 

Your message: 

 


In The Socialist 30 September 2015:


Socialist Party news and analysis

TUSC: Central in the battle for a working class anti-austerity voice

Socialism is back!

Free school meals cut as poor children go hungry

Pollution cheat Volkswagen kills thousands for profit

Gouging boss demands price hike for life-saving drug

Gravy-train Labour MP claims expenses to rent house next door

Tower block residents defend homes

Them & Us


Socialist Party features

How can we bring down the Tories?

Lessons from the past: Liverpool City Council 1983-87

Give us the resources to defeat the Tories

Subscribe to a paper by workers, for workers


International socialist news and analysis

EU ministers squabble while refugees drown

Hungary's xenophobic right-wing government

USA: Socialists breaking 'political stagnation'

Kazakhstan: workers solidarity action


Workplace news and analysis

Junior doctors fight government attacks

Nominate Roger Bannister for Unison general secretary

Hypocritical attacks on tube control room strike

Review: Kill the Bill

Workplace news in brief


Socialist Party reports and campaigns

Anger and protest against fire service cuts in Leicestershire

Come to Socialism 2015


 

Home   |   The Socialist 30 September 2015   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Them & Us:

triangleThem & us

triangleThem & Us

triangleThem & Us

triangleThem & us

triangleThem & Us

US:

triangleAnniversary of nuclear destruction of Hiroshima and Nagasaki

triangleCuba: Covid-19 and the 60-year-old embargo

triangle'First you clap us then you slap us'

triangleCapitalism's 'vaccine war' shows need for socialist cooperation

Northern Rock:

triangle10 years since the financial crash - the socialist answer to capitalist crisis

triangleTories flog bank assets to hellhound US profiteers

triangleNationalise the banks

Lord Ashcroft:

triangleQuiz of the year

triangleCameron must go

Super-rich:

triangle1,600 less benefits if your job goes - while super-rich splash cash

State:

triangleIran: Renewed wave of protests and strikes

Debt:

triangleAct now to cancel Covid crisis rents and debt

Cuts:

triangleUnite union branch pledges to support socialist candidates who oppose cuts

Banks:

triangleThem & Us

Bonuses:

triangleArgos Christmas bonus cut

David Cameron:

triangleThe Cameron Tory legacy

News and socialist analysis

News and socialist analysis

5/8/20

Coronavirus

Tories' obesity plans - blaming individuals not the profit system

5/8/20

Coronavirus

Capitalism's 'vaccine war' shows need for socialist cooperation

5/8/20

Labour Party

Labour payouts: unions must discuss political representation

5/8/20

Coronavirus

NHS pay: 15% for all now

5/8/20

Coronavirus

From first wave to second? Capitalism's Covid failures

5/8/20

Universities

What would socialist universities look like?

22/7/20

China

Huawei: what's behind Johnson's u-turn?

22/7/20

Coronavirus

Fight for our livelihoods... Fight for our lives!

22/7/20

Music

Saving the music industry from pandemic and austerity

22/7/20

Luton

Luton Council sunk by airport investment: fight for funding, not speculation!

22/7/20

The Socialist

Getting the Socialist over the summer

22/7/20

Coronavirus

Fight for the NHS

22/7/20

NHS

Tories using pandemic to privatise NHS more

22/7/20

Them & Us

Them & Us

22/7/20

Steel

Nationalise Tata Steel to save jobs

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

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

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: 075 4018 9052

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

ABOUT US

ARCHIVE

Alphabetical listing


August 2020

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999