Archive for February, 2013
The outcome of the Italian elections is the current core driver of the newsflow. Alas, so far, it is for a very wrong reason. The Italian voters have returned a divided Legislature, prompting the claims that Italy is now at a risk of becoming ‘ungovernable’. In reality, such statements are confusing one of the symptoms for the entire disease because the original departing assumption of the analysts arguing such a scenario is that the brief period of technocratic governance under Mario Monti administration was:…….
full article at source: http://trueeconomics.blogspot.de/
- The Biggest Lie They Keep Telling Themselves In Europe (EWI) (businessinsider.com)
- Caving in to pressure: why Mario Monti’s technocrats couldn’t repair Italy after Silvio Berlusconi’s government collapsed (independent.co.uk)
- The reason Italians voted for Berlusconi (blogs.independent.co.uk)
- Paul Krugman: Austerity, Italian Style (economistsview.typepad.com)
- Europe in shock after Italian election (bigpondnews.com)
- Italy faces political gridlock after crucial elex (cnsnews.com)
FORMER Taoiseach Brian Cowen is facing a cut of about €7,500 in his yearly pension as the notorious bank guarantee scheme his government introduced is scrapped.
THE scheme to guarantee the State’s teetering banks, introduced in September 2008, will end for all new liabilities at midnight on March 28.
The cost to the State of bailing out the guaranteed banks is estimated at €64bn.
Finance Minister Michael Noonan said the ending of the scheme marked “significant progress” in “breaking the negative link between the banks and the State.”
Ending the scheme will remove €73bn of contingent liabilities from taxpayers.
The Eligible Liabilities Guarantee (ELG) covers AIB, Bank of Ireland and Permanent TSB, but will not impact the Deposit Guarantee Scheme, which covers ordinary depositors up to €100,000 per customer per institution.
This terrorist, who along with his incompetent (at best) finance minster brought about the collapse of our economy,. He and the rest of the gangsters are been paid pensions whilst thousands of ordinary citizens are struggling to put food on the table, struggling to find a job to hold on to their dignity and this creep is allowed to collect this lottery pension ???
Where the justice or moral justification in this??? .This is not right and should not be tolerated!
We the people must get up off our knees and put a stop to this madness regarding corrupt politicians, gangsters and outright traitors. Al- Capone was an angle compared to the gangsters who now control our Unions, Government and the Judiciary. The crooks are in control!!!!
This latest round of insider deals is nothing more than, the crooks that are running the country are looking after themselves and we can expect to get another round of Austerity measures to be forced on to the shoulders of the ordinary people who have no way of fighting against these self serving So called public servant leaches who are milking us dry!
These Gangsters should be in Jail!
People of Ireland –Get up of your knees!
- Ireland ends bank guarantee (bigpondnews.com)
- Michael Noonan announces Ireland’s bank guarantee deal to end in March (irishcentral.com)
- Time to consider your deposits in Permanent TSB as Minister withdraws ELG scheme from 28th March 2013 (namawinelake.wordpress.com)
- Enda Kenny and Michael Noonan and their poodle Union Boss pull a fast one on the oppressed families of Ireland! (thepressnet.com)
In a statement, Richard Boyd Barrett, Finance spokesperson for People Before Profit/ULA has said that the new “deal” on public sector pay and conditions just agreed between the government and some trade union leaders represented yet another disastrous blow for both the economy and struggling workers.
Deputy Boyd Barrett said that unions that had walked out of the talks were quite right to do so as further cuts in public sector pay and conditions for low and middle income public servants would do further damage to the economy and would drive many households into an unsustainable financial position.
Deputy Boyd Barrett said that it was in the interest of all workers – public and private sector – that this plan was resisted as further pay cuts for public sector workers would do further damage to the domestic economy and further accelerate the race to the bottom in pay and…
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This is an expanded version of the “Left Field” column published in the Irish Times.Over the last couple of years there has been a growing feeling amongst all stakeholders – government (supposedly representing the people), the administration (Department of Education and HEA), and the higher education sector that there is an increased scrutiny on what exactly academics do. Nobody is quite clear where the impetus comes from, just as nobody is quite clear what it is that the answer might be.Much of the heat has come on the issues of contact hours and how much research (and of what kind) is of any “use”. Some consider that universities and indeed all third level is merely secondary shcool for adults, and that time spent in the classroom, sorry, lecture theatre, is the only thing that is worth rewarding. These usually also show breathtaking ignorance about the process of scientific investigation, with…
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Enda Kenny and Michael Noonan and their poodle Union Boss pull a fast one on the oppressed families of Ireland!
By Thomás O Cléirigh
This deal does not include his perks and lottery pensions he is going to get as a Teacher and Government minster. What about the pensions of the gangsters in the Banks who brought this disaster on us. The X CEO’s, and the X self-serving Politicians who are now still sitting on these boards?
This Deal is again a smoke screen which gives the likes of Jack O Connor the chance to tell his members he did something for them. The Unions have sold out the rest of Irish society to the “Austerity for all Brigade” except for the people who are in a position to fend off the spineless puppet Governments attempt to foist ever more cuts and stealth taxes on the working class of Ireland.
No My Friends this deal was done in the backrooms a few weeks ago and we are experiencing a well rehearsed drama that is intended to cater for the dumb Union members who continues to pay lottery salaries’ to the well connected Union Bosses who have lost touch with their roots. This deal will ensure the ordinary working man and woman will pay dearly for the outrageous salaries and perks of a class that is totally out of touch with the ordinary citizen of Ireland .The Top 20,000 highly paid civil servants people who are earning immoral salaries, while hospitals and child care will have to be cut further to accommodate these public servant leeches : There is a two tier society in Ireland and the Government has ensured that our people will continue to be divided as they plough through their “Austerity steam roller “through our democracy ,keeping themselves and their vested interests gorging on the gravy train they have kept intact while dispensing to the masses the crumbs that falloff their tables.
No change then as gangsters and crooked politicians and Union mafia bosses extract more blood from the ordinary families of what is now, signed sealed and delivered financial slaves ( the Irish citizens of the BA-NAMA-Republic of IRELAND to our bondholder masters.
If you have any ounce of credibility in you citizen get up off your knees and say no I will not pay anymore into the coffers of hidden faceless moneymen who have stolen our country with the help of the mafia union bosses and the puppets in Lenster house.
Time for a people’s revolt against the financial slave traders in the Dail .