The news this past week has been grim, the crisis is deepening. We have ever increasing numbers unemployed, continuing emigration, more families facing mortgage crisis and more cutbacks in essential services. These problems in our society are causing untold destruction to the lives of individuals, families and whole communities. The domestic economy continues to contract … Continue reading “Deepening crisis demands a new type of response”
Tag: Economy
“Yes, we are all different”, they say – the lie is admitted!
All of the Cartel parties have confirmed that their policy on the economy is the same, what else matters? We have already seen their attitude towards democracy itself, especially so in the re-run of the Lisbon referendum last year. Download .PDF image of the published A4 leaflet here… Yes-we-are-all-different.pdf The Cartel are all now in agreement on the … Continue reading ““Yes, we are all different”, they say – the lie is admitted!”
Should we withdraw from the bond and currency markets?
The big powers consider the currency crisis This past weekend the IMF & G20 failed to agree on currency policy and broke up leaving continued uncertainty on the management of currency markets worldwide. China, which holds nearly $2.5 trillion in its currency reserves, is resisting ongoing pressure to revalue its own currency, which would ease pressure on … Continue reading “Should we withdraw from the bond and currency markets?”
USA will print more currency, again – Quantitative Easing
U.S. stocks prices have lifted since Tuesday as details from the US Federal Reserve latest meeting announced that it’s central bank will once again flood markets with cheap cash to boost growth – this follows the weekend meeting where the IMF, G20 and the US failed to convince China to revalue it currency. Apparently November … Continue reading “USA will print more currency, again – Quantitative Easing”
The vested interests persist with plunder!
William Slattery, left. The merry dance continues … In the past few days another ‘independent’ commentator, with clear vested interests, said we should cut 30,000 jobs in the Public service. First dancers, take the floor … William Slattery, National Competitiveness Council member, advisor to An Bórd Snip Nua, and head of the US finance … Continue reading “The vested interests persist with plunder!”
Planning for sustainable economy in Ireland …
The first point about economic planning in Ireland is that it should be done in the service of the Irish people. It will not shock very many if we suggest that this is not currently the case; our economy is geared completely in the service of foreign finance monopolies and large scale industry, the multinational … Continue reading “Planning for sustainable economy in Ireland …”
What do you think – is this the way forward?
The economic and political crisis seems to deepen on a daily basis now, there is no shortage of fresh scandal or insult upon insult to the people. Nero played the fiddle while Rome burned, in Ireland our ‘rulers’ are on the fiddle too. Why do we sit on the ditch while the hurling is … Continue reading “What do you think – is this the way forward?”
Our economy is crippled – but there’s no shortage of support for finance capital.
This week An Taoiseach, Brian Cowen, is in the United States to visit Wall Street and it’s leaders – he must think economic salvation lies with American investors … so they need to be looked after. He promised them €250 million over the next 3 years if they will match that figure and locate enterprise … Continue reading “Our economy is crippled – but there’s no shortage of support for finance capital.”