9 February 2010
http://www.wsws.org/articles/2010/feb2010/pers-f09.shtml
The tremors that have passed through financial markets over the past week signal a new stage in the global financial crisis brought on by fears in ruling circles of the onset of vast social struggles as governments attempt to pay for the cost of massive bank bailouts through unprecedented cuts in jobs, wages and social services.
In his book The Class Struggles in France, Karl Marx noted that “public credit rests on the confidence that the state will allow itself to be exploited by the wolves of finance”. Over the past 18 months, the wolves gorged themselves as bailouts by the governments of the major capitalist nations, amounting to some 30 percent of their combined gross domestic product, rescued the banks, increased their profits and boosted financial markets. As the governor of the Bank of England, Mervyn King, admitted in a speech last year, “never in the field of financial endeavour has so much money been owed by so few to so many”.
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http://www.moscowtopnews.com/?area=postView&id=1928
Let us spell a message to the Davos World Economic Forum before it gathers next week: Jobs are families. As unemployment rates reach record levels there can be no doubt that the current monetarist-market-oriented economic model contains vectors which create endemic instability, engender extreme instability in the labour market and send families lurching from one crisis to the next in a boom-and-bust climate. Perhaps the economists at Davos can do what they are paid for: produce an alternative that works.
The controlled economies of the COMECON block were derided in the west as being unviable. Yet they created continuous growth rates, development rates, financed excellent universal free education, excellent and free universal healthcare, free utilities, free public transports, free and guaranteed housing, communications, zero unemployment, leisure time activities, social mobility and indexed pensions. And policed the streets and provided security.
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PERIKANAN
Senin, 8 Februari 2010 | 02:41 WIB
http://cetak.kompas.com/read/xml/2010/02/08/02413918/liberalisasi.nelayan.asing.di.depan.mata
Dalam Pasal 35A Ayat (2) Undang-Undang Nomor 45 Tahun 2009 tentang Perikanan disebutkan, kapal perikanan berbendera asing yang melakukan penangkapan ikan di Zona Ekonomi Eksklusif Indonesia wajib menggunakan anak buah kapal berkewarganegaraan Indonesia paling sedikit 70 persen dari jumlah anak buah kapal.
Ketentuan itu berarti kapal perikanan berbendera asing hanya boleh mempekerjakan nelayan asing sebanyak 30 persen dari jumlah anak buah kapal (ABK).
KONVERSI MINYAK TANAH KE ELPIJI
Senin, 8 Februari 2010 | 03:15 WIB
Jakarta, Kompas – Untuk menuntaskan program konversi minyak tanah ke elpiji, PT Pertamina membutuhkan 14,9 juta paket perdana yang terdiri dari tabung elpiji dan kompor. Adapun rencana semula hanya diperlukan 9,3 juta paket.
Selain itu, menurut Vice President Komunikasi PT Pertamina Basuki Trikora, Minggu (7/2) di Jakarta, pada Januari lalu penyaluran tabung elpiji di Jawa Tengah dan Yogyakarta mencapai 100 persen atau 10,4 juta tabung. Dua provinsi itu bebas dari minyak tanah bersubsidi.
By Tom Eley
29 January 2010
http://www.wsws.org/articles/2010/jan2010/econ-j29.shtml
A series of worse-than-expected economic reports and job cut announcements this week underscore that, despite official claims of an economic recovery, the prospects for working people in the US are likely to worsen.
Over the past two weeks, a number of major companies have announced layoffs and job cuts for the coming year that together number in the tens of thousands.
The US Labor Department on Thursday released figures on first-time jobless benefit claims for the week ending January 23 that showed only a slight decrease to 470,000 from the 478,000 claims reported the previous week. The consensus among Wall Street economists had been that claims would fall below 450,000.
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