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Archive for the ‘A New Irish Citizens Political party’ Category

Irish Minsters living with the jet set!

Irish Ministers living with the jet set!

This report was done back in 2009 but the Fianna Fail Ministers along with their green are still living it up at the taxpayers expense

“Austerity is only for the foot folk “Just wait for budget 2011 and we will see just what austerity really is !

Green’s still supporting the Fianna Fail mantra

The Green Party has pledged to pursue a major reform agenda over the next Dáil term in a bid to ensure there is no reoccurrence of the banking crisis.

Speaking after the party’s think-in in Co Carlow, party leader John Gormley said “restoring financial stability and reforming the banks and the planning system were a priority”.

“We must learn from the lessons of the past and make sure that the problems we are now facing, never happen again,” he said, adding that the party wanted to restore the public’s faith in politics and State institutions.

He said measures have already been taken to stabilise the banking system and the planning process was being overhauled.

The party also said it wanted to see the introduction of a ban of corporate donations and a directly-elected mayor for Dublin.

He said reform of local government and the establishment of a new electoral commission “will see the biggest shake-up in Irish politics in decades”.

Other priorities include the introduction of the Climate Change Bill and measures to improve people’s quality of life, such as a Bill on noise.

 

Comment:

Well there you have it, the greens solution to all our countries problems

Keep dumping billions into bankrupt banks and bail out wealthy developers and keep Fianna Fail in power as long as possible.

Overhaul the planning process, with little or no building going on that should not be a problem!

500,000 citizens will be delighted that your top priorities are for a climate change bill

(Whatever that is) and making criminals out of noisy neighbours.

Sorry no jobs stimulus package, no re-training program, no new measures for mature students to get back into education, in fact absolute nothing, not even the word  job” is in the  party’s think-in, in Co Carlow.

But wait they might want to have the nations butterfly population counted, now that would keep some of the unemployed busy!

These power addicts will not get the time of day when they go knocking on peoples doors here in Wicklow .They have shown their true colours by adopting  the culture of Fianna Fail spin and cronyism and consequently  they have dumped their core values shame on them!

They have helped to rune this country by agreeing to Fianna Fail’s demand to set up NAMA.

They have helped to pour billions into the toxic Anglo Irish bank and colluded with Fianna Fail to deprived citizens of their right to political representation by holding off on local elections.

There are not the same greens that presented themselves to the Irish public.

They did not tell the voters that they would sell out to Fianna Fail if offered merks and perks and ministerial positions

They can make all the promises they like now, no one will ever trust this green shower ever again!   

“Green” light for more Tax hikes ?

 

A Web posting by Ciaran Cuffe advocating new levy is removed after ‘consultation’ with party

 Shane Coleman and Martin Frawley

 A BLOG by Green Party minister Ciaran Cuffe advocating the introduction of a property tax in direct contravention of party policy and the programme for government was removed from the web this weekend.

 The planning minister proposed that instead of raising income tax, the government should abolish stamp duty and introduce a property levy. It would mean that houses under 100 square metres (1,076sq ft) could be charged €200, with those over 200sq m (2,153sq ft) paying €600 and a middle rate of €400.

 “I’d say such a charge could raise the guts of several hundred million, and would be more equitable than a rise in income tax. The beauty of such a scheme is that it could be implemented quickly without a cumbersome state-led assessment of each property. Another advantage would be that it would allow people to move home when they wish without an excessive tax burden,” he said in his entry to his ‘Cuffe Street’ blog.

source http://www.tribune.ie/news/article/2010/sep/05/green-planning-minister-bids-for-property-tax-up-t/

 Comment:

I have been saying to expect to get a hefty bill in the form of a property tax after the next budget but Boy, have we been badly stitched up by the greens, here we have another new minster from the greens coming up with their latest bright idea after counting frogs, and bats and stealth taxes call carbon taxes, car taxes ,and 15 cent on every litre of petrol and I am sure there is more to come

This guy comes up with this new tax .Well he can take a running jump we are getting a sneak preview of what these green addicts of power are prepared to do to stay in power serving their masters Fianna Fail they have completely destroyed any hope of the greens ever getting back into power that’s for sure

How a group of people could totally ditch their principals for the sake of staying in power is beyond me !

“A picture is worth a thousand words”

Europe’s biggest can of worms is overflowing again.
Fears that Europe’s banks are vulnerable to losses on risky government bond investments are sending shivers through the European bond markets, especially Ireland and Greece. Investors are dumping risky bonds tied to weaker European economies and crowding into the safe havens of German and British government bonds.
Ireland, which is grappling with an increasingly expensive bail-out of troubled lender Anglo Irish Bank, is the single worst performer Tuesday.
The premium that Ireland has to pay over Germany to borrow from investors in the bond market has hit its highest level since the euro was created in 1999 (Specifically, 3.75 percentage points compared with 3.47 percentage points on Monday.) Prices of Irish bonds have fallen, sending the yield on the benchmark 10-year Irish bond above 6%. (Bond prices and yields move inversely.)
Greece isn’t faring much better. The yield on its 10-year note is nearly 12%, while its own “risk premium” over Germany has also blown higher. Portugal’s spreads are also weaker. Credit-default swaps for Spain, Portugal, Ireland and Greece have all jumped in price, suggesting investors are more worried about these countries defaulting on their debts

Source http://blogs.wsj.com/marketbeat/2010/09/07/europes-bond-market-tanks-again/

Struggling with the euro zone’s biggest budget deficit relative to its gross domestic product at more than 14% last year, Irish authorities are also grappling with the ballooning cost of bailing out the banks, especially state-owned Anglo Irish—a bill that has already hit €33 billion ($42.55 billion), or roughly 20% of Ireland’s GDP.

Source http://wsj.com

ON THE radio on Monday, Brian Lenihan spoke of “not showing his hand” to the European Commission. He suggested that we in Ireland had to “hold our nerve”. These phrases are not normally used in economic policy — rather, they come straight from the world of poker.
This language is appropriate as it probably best sums up the Government’s policy throughout the banking crisis — it has all been a big bluff.
Yesterday, the financial markets reacted to the gambler’s words by selling Irish bonds, thus driving the yield (at one stage) up from 5.78pc to 6.15pc.
Yields came down to 6.01pc, following rumours that the European Central Bank was buying Irish bonds. We are fast becoming a vassal state of the ECB, the only institution prepared to buy Irish bonds.
The ECB is doing this for one reason — to protect the bondholders of Anglo from the default which has to come. In this little game, we issue expensive IOUs at 6pc that the ECB buys with money it prints for nothing to keep open zombie banks that don’t lend. The ECB is doing this not to protect you, but to protect rogue creditors who have no right to expect that they will be paid.
source http://www.davidmcwilliams.ie/2010/09/08/we-dont-have-an-economic-policy-its-all-just-a-big-bluff

Ireland has effectively nationalised its financial system for two years: it will guarantee deposits and debts for the country’s six biggest banks until 2010. This means it is assuming potential liabilities of around EUR550bn, compared with existing government debt of EUR40bn and overall GDP of EUR160bn. The move has increased pressure on the UK authorities to boost the size of the deposit guarantee.
The move was designed to shore up rapidly dwindling confidence in the banking sector. Irish financial sector shares plummeted early this week amid fears that it is particularly dependent on the frozen interbank market; loan to deposit ratios are 150% in Ireland compared with 130% in the rest of the EU, Sebastian Orsi of Merrion pointed out in the FT. Banks have been “bleeding money” as the Irish property and construction markets have tanked, noted Ambrose Evans-Pritchard in The Daily Telegraph. Ireland has become the first eurozone member to slide into recession now that the property bubble has burst and consumption has slumped.
What next?
By effectively betting its economy, Ireland has “certainly upped the stakes in the confidence game that is banking”, as Alphaville said in the FT. The hope is that the guarantee will improve Irish banks’ access to funds on world markets. But Ireland may be in for a bumpy ride. Note that the banks’ assets are highly concentrated in “fast-fading” UK and Irish property, said Lex in the FT. At Anglo-Irish Bank, the exposure to these two sectors is 80% and at Bank of Ireland and Allied Irish it is 71% and 60% respectively. And if markets keep withholding wholesale funds from “property plays”, then the government “may have to reconsider that guarantee”.
source https://info.moneyweek.com/article.php?p_id=10807

Comment :
“A picture is worth a thousand words”

I have posted the various sources above in support my own opinion that the government are totally on the wrong economic path and what’s even worse they are hell bent on sticking with this disastrous policy all logic seems to have disappeared and we are becoming slaves to the mantra we must spin ourselves out of this mess no matter what
Brian Lenihans language is increasingly that of a gambler (read DavidMcWilliams latest posting on this Link above)
David is one of the country’s finest economists and it would appear this government are choosing to ignore his sound advice just like they did on the eve of the first bank blanket guarantees
This is the time when the government should be getting the best minds in the country to come up with a real solutions to the financial crises that is after all their own making
Whether you agree with me or not, that facts are the well informed lenders (Bond Traders) of the world certainly do so, and what’s more they are getting very nervous at the lack of this governments realistic economic road map
The constant dirp drip feed of ever more disastrous figures emanating from Anglo and NAMA should frighten all of us
The Governments belligerence and a misplaced sense of loyalty to their pals a la Galway tent has to be abandoned pronto, and these gamblers must face the music themselves
The Irish nation cannot afford the commitments made by incompetent government minsters that are overwhelmed by the sheer complexity that is the Derivatives market
It is just plain stupid to expect civil servants who have no training in this field to advice party indoctrinated con men to understand these financial nuclear bombs
There are only a hand full of people in the world that understand these complex financial instruments ,even after 10 years of market participation myself I still don’t know anybody in the field that has successfully traded their way into profit
These financial instruments were created by the largest financial corporations in the world (AIG, JP Morgan, Citi etc and they were designed as far as I can make out to protect themselves as they were the market makers as well as the insurer and we all know that insurance companies are notorious in looking after themselves
the bottom line here is the markets have now copped on to the spin the Irish Government have been spewing out on the world’s airways and they Ireland Ink has a set repayment capability and that is now breached and any further surprises coming from Anglo Irish and Allied or Bank of Ireland is going to push this little country over the Default Bridge
And with the current Captain on the Irish Titanic ignoring the warnings of Icebergs dead ahead what does he do?
Call for more Ice for his pals cocktail,s

Movement for political change

Movement for political change
We the ordinary Citizens of Ireland are bombarded with the latest government proposals and their incompetence is blatant for all to see. From the establishment of the biggest fraud in Irish history (NAMA) to the government’s unilateral decision to guarantee Anglo Irish Bank and the other corrupt financial institutions within the state, without offering the people the opportunity to have their say and after two years no criminal charges have been brought on those responsible for the total collapse of the nation’s financial independence.
Even to-day, 18 months later we still have no idea how much this Toxic Bank is going to cost us!
All we here from the Government is that we should thrust them!
This is sheer madness it makes no business sense to take over any business with first doing due diligence to establish exactly the true financial health of that business.
From the start we were told by Brian Lenihan that the total cost would be 3,500,000,000 billion
We were told 4 weeks ago that 22,500,000,000 was gone forever down this black hole and we now hear that another 10 billion is needed to plug this toxic toilet
Over this weekend we are again told that the final figure might be 70,000,000,000 billion
Clearly we cannot believe a word from this Minister of Finance or the rest of the government
We now, as a nation, find ourselves at the mercy of international bond holders who are now dictating how the country is run and the government have abandoned their sworn duty in the Irish constitution to cherish all the children of the nation equally. The current Government is complicit with the banks and the developers in causing the property bubble. All regulation was abandoned and now the citizens of Ireland are forced to pick up the pieces of what is now the largest fraud ever to be carried out in the history of the state. This has so far all gone unpunished!
We, the ordinary citizens, now face long-term unemployment; savage health service cuts, emigration, loss of our homes, evermore tax hikes, and constant displays of incompetence and no accountability from our pampered TDs, who have now become drunk with their own delusion of importance and aloofness.
The current political system serves the political elite that encompass all the established political parties of this country very well and indeed makes millionaires out of most of them. They enjoy allowances and pensions the ordinary citizens can only dream of. There should be a culture of real accountability instead of an air of entitlement along with the family dynasties. The current Dail members enjoy living in a parallel universe where they are just clocking up time and entitlements whilst sharing in the longest lottery in history.
It’s time for the citizens of Ireland to make a stand and say enough is enough and make these changes happen.
This country is our country and not the property of the political élite to be divided up in a musical chairs system that has left the citizens of Ireland with no choice but to choose between Twiddle Dumb and Twiddle Dee! Just listen to the incompetent opposition parties remember Fianna Fail would not have been able to do so much damage and get away with it if they were as capable as they make themselves out to be for our next government
They expect to just walk in and take control just because there are called something different than Fianna Fail or the Green Party.
Our children deserve better, help us make that change, help us to bring that real alternative to every home in Ireland.
We invite all like minded groups around the country to look at this PDF document Movement for political change manifesto (Wicklow Branch ) , please read it and if you are inclined to agree with us then let us come together in the spirit of true patriotism and help take back our country from the vested interests that have made it into this financial wasteland
We are also looking from our fellow citizen’s help, to come up with a Name for this citizen’s movement. We welcome any and all suggestions please send your proposals to e-mail address provided
Our proposals are for real alternatives to the current system of no accountability, cronyism and gombeenism and if you find yourself in agreement with some or all of our core proposals to change the political system of Ireland for the better then join us
We propose to hold a meeting at the end of September in Wicklow Town and othertowns throughout  the country in time  ( details to be posted soon ) and in the meantime you can contact me at this e-mail address 1machholz@gmail.com
So please do come and support t us instead of relying of the corrupt political system that has lost all credibility.

The time has now come for you to take up the challenge and not just complain to your friends and family
Take action, make a start, and contact us now

Thank you
Mobile phone 0860680042

Unemployment and a corrupt politicial system

“Fairness for the small self-employed employers”

All of our problems stem from the same point!
Unemployment ,and the continuing loss of jobs are the government’s biggest failure.
It is well-known that over 80% of the jobs still available come from small business.
These small business are overwhelmed with red tape, taxes, and idiotic restrictions .
The government have done nothing to aid this small business to survive this rescission because none of them know anything about small businesses. The bank bailouts  have soaked up all of the funds the government might otherwise had to support these real supporters of the economy
Instead of helping the current government have done exactly the opposite by raising new stealth taxes and charges at the expense of the small business in favour  of the multi nationals (ESB Charges) (VAT hikes)
In fact not only are they not helping they are actively hurting small businesses with their bank bailout policies by robbing the life blood of credit to these small business .

Every Euro you take from a small business in taxes is a Euro that can’t be paid out in wages.
Instead of kneeling down before the multi nationals get you finger out and stop strangling the guy that gets up every morning and helps other citizens to hold down a job that in turn
Helps him to consume the products of other small business and safeguards local jobs
There will be no support in the property sector if ordinary citizens don’t have confidence in the wider economy or in the people who are supposed to be running the economy and as of now ordinary citizens have lost all confidence in the government’s ability to run the economy .

More worrying the constant televising by the established opposition political parties
About their plans to divide up the various ministries when they get into Government buildings is nothing short of sheer arrogance on their part .

We the citizens do not want business as usual with the existing musical chairs political system
The opposition have not displayed any of the characteristics needed for a radical approach to reversing the disastrous situation the economy is now in, nor have they displayed any real opposition to the governments handling of the crises.
Why?
Because they are themselves career politicians feeding from the same corrupt self-preservation system that they have grown up with all their political lives. Their political parties stamp out every last drop of independent thinking  these TD,s have.

They become addicted to the dictates of the leadership and their sole purpose in life from then on  is to become the leader of the party and so become the leader of their own administration. Citizens problems are soon forgotten and in time their own self-indulgence of their own importance becomes overwhelming .

They are totally reliant on the same civil servants that the current government is reliant on
The same people who will be advising the next batch of public servants whose loyalty is to the current corrupt system .

Remember they are not all fired when a new government is elected into office they stay put !

so they need to be constantly retrained and up skilled to meet the need of a modern economy

We need to get new people into the Dail with a mandate to totally revamp the system by giving back to the citizens the right to fire any servants of the people anytime and not have to wait for 5 years

Under such a system Ivor Callely would be gone a long time ago and without a pension and a lot of his fellow leaches would have joined him
Please support change (promise yourself that) by not voting for any of the current TD, s in the Dail otherwise we only end up with the same incompetence that has destroyed our country
We must break the mould that is sucking us dry

John Drennan of the sunday independant on Calley

No amount of houses, yachts or portraits would ever fill Callely’s desire to be noticed,
writes John Drennan

He may now be more famous than Brian Cowen, but the strangest thing about the summer phenomenon of 2010 is that we know so little about the secret soul of Senator Ivor Callely.
We know Callely is a one-man poster boy for the venal cupidity of a political system, but what was it within Ivor that led to his current desolate state where he is poised to experience the rare ignominy of being expelled from the eternally forgiving Fianna Fail family?
It was a little bubble world in which Callely once could dream of full cabinet ranking and, if the fortune-teller in his childhood was right, maybe even the Presidency.
Sean Haughey may have taken Haughey peer’s seat in Dublin North Central, but, as the old dears squawked approvingly about that “young Ivan (sic) Callely”, Ivor believed he was the constituency boss and the real spiritual heir to Haughey. The dreaded days when a braying posse of supporters would crowd into the Dail bar in a fug of cheap cologne and dear suits are gone, for Ivor is no longer a political thug in a pink shirt knocking at the doors of the Cabinet.
One of the unwritten rules of Irish politics is that if you remain within the sanctuary of the Dail club even if you get into trouble nothing too bad can happen to you. But, if you sin sufficiently to be cast adrift, then you are in a world of trouble.
It is no wonder, therefore, that Ivor is not looking so chipper these days, for even his own are praying that this grotesque drama can quickly be brought to conclusion.
When other black sheep have arrived back to the Dail bar after their travails, they have been greeted with a great throaty roar that could be heard in the corridors.
In contrast, Callely has no one to advocate for him, or to even smile when this political ghost returns to Leinster House.
Some would say that Ivor is where he is now because he is simply stupid.
It certainly takes a special sort of idiot to be sacked as a junior minister, but his tragic flaw is deeper.
It would be excessively cruel to claim Ivor does not have a soul, but he does suffer from the toxic combination of a monstrous ego and a complete lack of emotional intelligence.
The most intriguing feature of the life of Ivor Callely is that there is no record in the secret oral histories that all TDs and senators have about their colleagues of a single act of generosity or kindness.
Though he was a political Rain Man who was only interested in Ivor, Mr Callely had his political role models. Bertie, in one of his incarnations as a municipal socialist, spoke famously about how he never wanted islands or yachts or any of that stuff.
But, while Ivor wanted the lot, there was a critical difference between him and Haughey.
With Haughey the yachts and the rest were trappings, for what really drove the former Taoiseach was a complex series of desires incorporating genuine patriotism and, of course, his own personal aggrandisement.
Ivor, however, had no real reason for being in politics beyond the desire for personal glory.
In that respect, he really was, in political terms, a boy without a soul.
The problem with the monstrous ego which fuelled the career of Callely wasn’t just that no amount of statues, houses, yachts or portraits would ever fill his desire to be noticed. The consequent absence of emotional intelligence meant that when the inevitable great fall arrived he was without a single friend.
We should be careful not to turn Ivor into a mythological figure, for Ivor Callely is a greedy, self-centred fool. Rather like his suits, he was one of the more lurid examples of how Fianna Fail betrayed the principles of the Republic, and itself, out of greed.
Even in the good times, his self-obsession meant that even in this most clubbable of places Ivor was always alone.
But now, at this nadir, Fianna Fail’s new Guy Fawkes is most assuredly on his own. And though he is an unlovely creature it is still a cruel, if deserved, place in which he now finds himself.
– John Drennan
Sunday Independent

Comment
Well, what can I an ordinary Joe soap add to this excellent summation of the current mêlées that has befallen Mr.Ivor Callely?
The most obvious omission of course is if you were to ask any person on the street without mentioning Mr.Callely, s name you will most likely hear a different TD, s name or Senators Name !The reason is amply expressed in the above article
Most of the people’s servants are perceived by the general public to be “in it for themselves “they are totally out of touch with the ordinary people on the street
Hold up in their ivory tower that the Dail has become they constantly shuffle for camera time and the babble out of their collective mouths is in stark contrast to their body language. If you don’t believe me just turn off the babble and just look at the pictures
anyone with a bit of life experience will immediately see that these people are just going through the motions and it is also plain to see that they don’t really know what they are talking about.
the Dail membership becomes the soul purpose for these addicts of power, its perks and the association of such power the promises dispensed during the election campaign are long forgotten and the new mantra is all hail to the local Gombeeen whom we are all now destined to come crawling to if we lose our jobs or need to get a bed in the local hospital or have the local river cleaned up
Make no mistake Ivor Callely is a saint when it comes to the real sliveens in the Dail

the system is totally rotten !

Where have all the performing loans gone?

Where have all the performing loans gone?
August 7, 2010 by namawinelake

The last two weeks have seen suggestions that perhaps as much as €8bn of largely performing loans that were NAMA-bound will no longer come within the agency’s control, which would be very bad news for NAMA’s finances.

First we found out that NAMA had agreed not to transfer Paddy McKillen’s loans pending the outcome of Paddy’s judicial review proceedings which are scheduled for October 2010, though with appeals, could take considerably longer. This week we learned Paddy’s Metrospa Limited has sold a property on Old Bond Street in London for GBP £18.2bn and also that another of Paddy’s companies Maybourne has been “inundated” with expressions of interest to provide finance that might redeem the €600m-odd Anglo and Bank of Ireland loans apparently outstanding to the group. Come October, Paddy mightn’t have any NAMA eligible loans. Paddy has assured us all his loans are performing. Paddy has an estimated €800m outstanding to Anglo alone and exposures with at least one other NAMA bank.
full articel http://www.namawinelake.wordpress.com

Comment:

We are slowly been subjected to a gradual change of what NAMA was supposed to be
With the siphoning off the entire choice bits (performing loans) and leaving the toxic stuff in NAMA for the taxpayers, don’t be surprised to hear calls from the Insiders for a new bank and guess who will have a major share holding of this New bank why our old corrupt pals in Allied Irish Bank, Irish Life and permanent and Bank of Ireland
This will conclude the socializing of all the toxic assets and the privatisation of the profitable assets
This is stealing on a massive scale and no one will do a thing about it
Or will they?
stop this wholesale fraud now.

Leo Armstrong ,from Citizens First has something to say

Leo sent this to me to -day

Today in this country there are many who are suffering as a result of the mismanagement of our institutions with the wholehearted approval of a corrupt government yet we are behaving like lambs going to the slaughter.

What is wrong with us?

Twenty years ago the world celebrated the fall of Communism, a political system that controlled the citizen with an iron fist. I don’t see much difference in the political system here in Ireland where we have been conditioned by the Media and ‘Spin’ doctors.

For some reason or other, except for people like Thomas, we are accepting the situation we are in lying down. Why are we not up in arms demanding for heads to roll. Why should these Thugs, and thats all they are, who got us into this situation continue to be in power. Why should bankers who mismanaged our hard earned money continue to hold senior positions in the banks….they should be in jail.

Those ‘decent’ individuals in the Fianna Fail party, in the Greens and Independents who are supporting this government are all just as guilty.

If we lived in a truly democratic society putting off byelections for over a year would not be tolerated; corruption would not be tolerated; fiddling expenses would not be tolerated; people lying in trolleys in our hospitals would not be tolerated; the present rip-off culture would not be tolerated.

I am calling on everyone who loves this country to join me and get these Thugs out.
contact e-mail pp2010@live.ie

Sharp rise in Live Register figures

Sharp rise in Live Register figures

The number of people on the Live Register in July climbed by 8,500 to 452,500.
Read the report
The Central Statistics Office said this was the biggest rise in the seasonally adjusted figure for a year.
Women accounted for more than half of the increase.
The unadjusted figure showed that there were 466,800 people signing on, an increase of almost 14,000 from June.
The CSO said the unemployment rate rose to 13.7%, from 13.4%, in June.
The data also shows that the largest number of people signing on were professionals, who made up more than a fifth.
The next largest increase was in the category of clerical and secretarial workers.
The Live Register includes some part-time, seasonal and casual workers.
It is not designed to measure unemployment, though it is regarded as the most up-to-date indicator of the state of the jobs market.
Jobs crisis
Minister for Social Protection Éamon Ó Cuív said that while the figures are at a very high level, it was worth noting that the figures rose more slowly in July than in June.
He said it showed that the Government’s hard choices had brought stability to the economy.
On long-term unemployment, he said two out of every three unemployed people leave the Live Register within six months of signing on.
However, Labour’s Willie Penrose said the figures proved that solving the jobs crisis had dropped to the bottom of the Government’s agenda.
He said the Fianna Fáil-Green Party Government was like ‘a deer caught in the headlights’, when it came to tackling the problem.
Sinn Féin’s Arthur Morgan said the prognosis for recovery was ‘dire’.
The Irish Congress of Trade Unions said the Government’s policies of massive cuts were deflating the economy.
The statement concluded that further deep cuts in the Budget and panic reactions to sell-off the family silver would only exacerbate the crisis.
NCB Stockbrokers economist Brian Devine described the data as discouraging.
While small business lobby group ISME said the true extent of people losing jobs was obscured by emigration.
Its chief executive Mark Fielding said a whole generation of young education Irish were becoming economic migrants.
Redundancies
Separate figures from the Department of Enterprise, Trade & Innovation show that redundancies are running below last year’s levels, though the figures remain high compared with 2
5,298 lay-offs were notified to the Department in July, down 15.7% from the same month last year.
For the first seven months of the year, redundancies are down almost 20% from the same period last year at 39,105.
This is still, however, not much less than the 40,000 recorded in the whole of 2008.

Comment:
A message from someone dumped on the scrap-heap
No matter what way you try to spin out of these figures Mr. Ó Cuív they are still not the true figures which I believe to be in and around 675,000
You and the rest of the current government squatters and the rest of the political establishment should hang your collective heads in shame!
To the people of Ireland I beg you
For God sake please do not vote any of the current TD, s back into office
let’s have a complete clean sweep .

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