The bankers' propaganda is so powerful that the people have actually begun to accept their need for punishment and that this will buy them salvation eventually - a kind of necessary economic purgatory. Hudson lays bare the flaw at the heart of this dogma. The Irish have seen this warped economic rationale before - one that condoned the export of grain and butter as the people starved in the ditches.
Fine Gael councillors in Inishowen are to facilitate a meeting for oyster fishermen with Minister for Agriculture, Food and Marine, Simon Coveney, during his visit to the peninsula next month. The [...]
The Irish voters should demand accountability of government, including investigation of the bail out of banks. Government should pursue debt relief on all fronts. Voters should resist austerity programs. [...]
Another interesting idea, this time to fund new jobs from the Trade Union sector. It definitely has merit, not least because it keeps the receipts out of the claws of the Troika as the levy is not a tax but a kind of forced investment. [...]
Extraordinary article by Daniel Gros, a high ranking German economist with suggestions on how Irish taxpayers can pay for the Irish and German bankers mistakes. He sees no problem in taxing Irish residents, a people famous for both emigration and tax aversion. [...]
Middle Eastern sovereign wealth funds have approached Ireland’s National Asset Management Agency, looking to buy high-end hotels with large grounds for use as stud farms for horses, government insiders in Dublin say.