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Showing posts with the label new government

Ireland Is Banjaxed...

Voter betrayal: FG/Labour to ditch pledges on economy... They will brazenly follow Fianna Fail's four-year austerity plan as Labour protects public sector. The Fine Gael/Labour coalition Government is to implement in detail the outgoing Government's four-year austerity plan as approved by the EU-IMF, the Sunday Independent can reveal. In what will amount to the most barefaced breach of election promises ever perpetrated by an incoming Government, the coalition partners' programme for government will cause uproar when it is published today. While an attempt will be made to dress up the programme as a new plan by a new Government, when it is analysed it will be seen for what it is -- the continuation of the economic policies of Fianna Fail and the Greens, virtually in minute detail, as laid down by the EU-IMF. If anything, Fine Gael will be seen to have capitulated more as it is handing over responsibility for reform of the public sector to Labour, whose core suppor...

Who Needs Enemies When You Have ECB?

The ECB has no love for Ireland and is seeking to punish us. That's why we should tell it where to go... When the new government settles into their new offices in the next few weeks, many many problems await them. None more so than Ireland's by now fractious relationship with Europe and in particular the European Central Bank (ECB). In truth, Ireland's relationship with the ECB has become so dysfunctional that it now verges on abusive, and Ireland is the one being beaten, and beaten hard. Jean Claude Trichet on his €344,000 plus a year salary and his cronies have no love for Ireland at the minute and despite all the talk of it lending us €150bn to keep our banks afloat, any sensible person would know that is out of its own self interest and not out of any great affection for our small little island. The ECB's role in Ireland's financial crisis was by anybody's standard dubious at best, and criminal at worst. During the boom years of 2004 to 2008, the E...