Education Minister John O’Dowd has announced that all primary and secondary schools in Northern Ireland will be reviewed for “teaching quality” and “possible financial savings” by the end of the school year. The reality is O’Dowd is drawing up a hit-list of schools he wants to close.
Few people can imagine what €4,000million looks like, but that is just what Sean Quinn lost through gambling on the casino they call the stockmarket. As a result of this grotesque speculation and lust for profits, thousands of honest workers directly employed by the Quinn Group are to lose their jobs, not to mention the thousands of other workers whose jobs are dependent on the Quinn Group.
Sean Quinn lost this sum speculating that the depressed price of Anglo-Irish Bank shares would recover. However, he did not gamble by buying shares but by buying ‘Contracts for Difference’ (CFDs) amounting to 25% of the bank’s shares. Such a highly leveraged strategy can yield massive returns but if things go wrong the losses can be just as great.
Representatives from the Youth Fight for Jobs campaign met Minister for Employment & Learning, Reg Empey, on 18 February to challenge him on the Executive’s failure to create jobs.
Youth Fight for Jobs put to the Minister, concrete initiatives which could immediately be implemented to create jobs. We showed how a programme for building social housing, a publicly owned IT sector and how an expansion of the NHS could immediately create thousands of jobs, while at the same time provide much needed services.
11 February: From the revolution of the oppressed 1979 to the new wave of resistance 2010
The regime in Tehran is officially celebrating the 31st anniversary of the 1979 revolution, made by the oppressed, workers and poor. At the same time, thousands of people are imprisoned for the “crime” of demanding democratic rights. But the movement continues: from the protests against the rigged elections, the struggle has moved on to demand the bringing down of the dictatorship of the new elite. If the movement for democratic rights is linked to mass struggle of the working class and the poor, the regime will fall.