While the government has bailed out the banks with our money, they have been stealthily rushing through a bill that will virtually abolish welfare for single parents and disabled people.

The Bill proposes a number of changes:
• phasing out income support for single parents, and cutting incapacity benefit and carers’ allowance.
• introducing a US-style workfare scheme
• increased conditions for claimants, including taking off payment for missed interviews and non-compliance with drug testing, and pressure to undertake “training”
• privatising more of the Jobcentre Plus work, with companies being paid more the less benefits they award

Before looking at why there’s a financial crisis in most of the industrialised world, let’s get one thing straight – the rich are not in any financial crisis. Ok, a billionaire may lose the odd house or two, or some millionaire may top themselves, but they will always have more money that we will ever see in our lifetimes. So don’t cry for the mega rich. It is ordinary working class people who will suffer the most.