NAMA explained ….now you know.
How Ireland’s economy operates, while bankrupt 😉 [Read More]
Election 2010 (Surprise, Surprise)
So there it is, we will have an election in February. This has been my contention for months and now Dr. Jimmy McDaid TD (FF) stated today that the next Government will be a Fine Gael coalition and that it would be in the ‘interest of the Country and of Fianna Fail’ to go to the Country in February. Of course, Minister Mary Hanafin stated almost immediately that the Government will run its full term. Some chance. [Read More]
Army chooses Mitsubishi Pajero
In these times of reducing revenues for the Government it is somewhat questionable whether or not we really need to spend €10,000,000 of taxpayers money on their acquisition. Especially, as this is the same amount that is required to keep the ward in Crumlins Children’s Hospital open. Somehow, I think if the people of Ireland had a choice, the new vehicles could wait a tear or two ? [Read More]
Nama a good deal only for the banks’ shareholders
This short article by Karl Whelan, Professor of economics at UCD, makes it very obvious that we must reconsider the entire NAMA idea. The majority of the people elected the present Government to run the Country on our behalf and to be kind, it hasn’t be working out so well. Now they are about to orchestrate the biggest distortion of the free market ever and it will cost you personally (and each of your children) more than EUR15,000. [Read More]
The Perfect Storm ?
he government are proposing to reduce public expenditure by 5 billion this year. Far be it from us to interfere in their eight week holiday, so we are going to have to wait until December before they start implementing any of the required cuts. Between now and then, this means that we will have to borrow an additional €8,125,000,000! Can somebody please tell me why we have to wait until December to have a budget? [Read More]
South Africa refuses Dalai Lama a visa
Beijing opposed the planned visit of the Dalai Lama to South Africa A peace conference for Nobel laureates in South Africa has been postponed indefinitely after Pretoria refused the Dalai Lama a visa, organisers say. [Read More]
5000 new jobs, crime down by 75 % !
Some of you may have seen the programme on RTE the other night, which stated that a recent report presented to the government found that a quarter of all cigarettes sold in Ireland are contraband. [Read More]
It’s not all bad news….
Before we all start reaching for the Prozac (and at times it has looked like an option for many!) let’s not lose sight of some of the actual facts. For example it is a fact [Read More]
Slowly but surely
Slowly but surely the powers that be are coming on board in relation to the taxation issue. To be fair, my initial thoughts on the subject do need refining but if the amount of ‘noise’ [Read More]
Did the Government read my blog ?
Well, I certainly hope so. I was just listening to Pat Carey the government Chief Whip on the radio conceding that it may be necessary to implement a third taxation rate! My goodness, what an absolute stroke of genius. If you look at my previous post you will see that I have suggested not just a third tax rate or possibly 15 or 20 Incremental tax rates. Now it transpires that Labour have decided to support the same policy as have Fine Gael. [Read More]