Category Archives: Austerity / Cutbacks

FINAL UPDATE: Citizen’s Campaign South East – Fiscal/Austerity Treaty Referendum: Public Meetings (Counties Carlow, Kilkenny, Waterford, Wexford)


Update/change: Last public referendum meeting – Wexford Town (Tues 8pm St Josephs) FINAL UPDATE: TUESDAY 29th May           Wexford town Wexford Sinn Féin @St Joseph’s Community Centre, Bishopswater, Wexford Town John Corcoran (Irish Commerical Tenants’ Association) Oisin Ó Conail (Co. Wexford … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum, Save Our Services | Tagged , , , | Leave a comment

A Conservative Alternative to Austerity Economics


… the basic idea could hardly be simpler. The growth figures that dominate the headlines are of “real” gross domestic product, which means they are corrected for inflation. With nominal GDP they are uncorrected. The idea of targeting nominal GDP … Continue reading

Posted in Austerity / Cutbacks, Budget, Commodities & Cost of Living, Economy, EU, Fiscal Compact Treaty, Germany, Solutions | Tagged , , | Leave a comment

“A Federation for the Eurozone and a Confederation for the rest of the EU”


(Note: The following replaces & corrects earlier version of 7/May) TWO TREATIES FOR THE EUROZONE AND AN AMENDMENT TO  ONE OF THE EU TREATIES  – ALL RELATED TO EACH  OTHER! Reply to Dr Gavin Barrett, Senior Lecturer in European Law, … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, ECB/IMF, Economy, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, France, Germany, ireland, Promissory Notes, Referendum | Tagged , , , | Leave a comment

Euro-spawned divergent growth and inflation caused external payments imbalances


Euro-spawned divergent growth and inflation caused external payments imbalances. Government profligacy did not divide ‘saints’ from ‘sinners’. In the good years Germany was a near-sinner. Its budget deficit exceeded the Eurozone average and was a whisker below the 3% Maastricht … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Commodities & Cost of Living, Economy, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Germany, ireland, Referendum | Tagged , , , | Leave a comment

People’s Movement Referendum Campaign


Warning: Permanent Austerity Ahead! The People’s Movement has opened an office in central Dublin for the duration of the referendum campaign on the Permanent Austerity Treaty. The office is at 5 Cavendish Row, directly opposite the Gate Theatre. We are … Continue reading

Posted in Action Stations, Austerity / Cutbacks, Budget, Economy, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum | Tagged , , | Leave a comment

Peter Mathews TD (FG) – “It’s now time for the ECB to establish fairness within the eurozone”


The last government agreed that the State should pay €31bn to IBRC (formerly Anglo and Irish Nationwide) over a 13-year schedule ending in 2025. The first payment of €3.1bn was made in March 2011. The next payment is due on … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, EU, ireland, Leo Varadkar versus the World, Promissory Notes, Solutions | Tagged , , , , , | Leave a comment

Automatic Austerity: 10 things you need to know about ’the Fiscal Compact’ (Corporate Europe Observatory)


On the 1st of March 2012, 25 EU heads of state or government will sign a new treaty[1], and if all goes as planned, it will enter into force early next year. The so called ‘Fiscal Compact’ was conceived in … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Germany, ireland, Referendum | Tagged , , , , , , , , , , , , | Leave a comment

UPDATE: The “Fiscal Compact” Treaty & Irish Referendum: Pay No Attention to that Article 136 Behind the Curtain!


Treaty text is here. Initial and subsequent drafts here and here and here. BBC Q&A here. Peoples’ Movement – Commentary on the EU Permanent Austerity Treaty (Fiscal Compact Treaty); NationalPlatform.org – We need to postpone ratifying the ESM Treaty until … Continue reading

Posted in Austerity / Cutbacks, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Independence/Nationalism, ireland, Referendum | Tagged , , , | Leave a comment

#OccupyDameStreet public statement: the lock-down of the department of Finance


Media Advisory Updated- 25TH of January, 2011 – 06:30 GMT We are Occupy Dame Street, part of the Occupy Ireland and global Occupy movement. This morning at 6.30 am the beginnings of a social time bomb exploded in Dublin city … Continue reading

Posted in Accountability, Action Stations, Austerity / Cutbacks, Bankers' Bailout, Civil Disobedience, ECB/IMF, Economy, EU, Ideology, ireland | Tagged , , , | Leave a comment

“Everyone qualified to explain what happened complicit in pushing this… would give the rope to hang commentariat”


From Phillip Pilkington, writing at NakedCapitalism: “almost every single person in Ireland today qualified to explain what happened was complicit in pushing this economic ideology. And so to explain to the Irish people what actually happened would be to give … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Commodities & Cost of Living, ECB/IMF, Economy, EU, Housing Bubble, Ideology, ireland | Tagged , , , , , , , , , | Leave a comment

Update: Vincent Browne vs. “The Condescending Euro Prick”


Via: Mish – Irish Journalist Hounds ECB Official Regarding Irish Taxpayer Bailout of French and German Banks; Cory Doctorow / Boing Boing – Irish journalist humiliates EuroBank technocrat who won’t stop ducking hard questions; Max Keiser – Vincent Browne v … Continue reading

Posted in Accountability, Audio/Video, Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, Economy, EU, Geopolitics | Tagged , , , | Leave a comment

Letter from America: More Useful Idiocy from the 53 Percenters (Kevin Carson)


There’s some good in the Tea Party, but as far as I can see no good in the 53% movement at all. The Tea Partiers — some of them, some of the time — talk as if the Wall Street … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, Civil Disobedience, Economy, Social Welfare, USA / America | Tagged , | Leave a comment

People’s Movement budget demonstration: European Parliament office, Molesworth Street Dublin, Tue. 6 Dec. 1 pm


People’s Movement budget demonstration Assemble at the European Parliament office (Molesworth Street) Dublin. Tuesday 6 December, 1 p.m.

Posted in Accountability, Action Stations, Austerity / Cutbacks, Budget, ECB/IMF, EFSF / European Financial Stability Fund, EU, Euro / Sovereign Money, Independence/Nationalism, ireland | Tagged , , | Leave a comment

UPDATE: “Deutschebank Uber Alles: Germany Imposes VAT Tithe On Ireland” (ExiledOnline.com)


Via ExiledOnline.com: Reuters – Exclusive; Ireland to raise VAT in December budget: Finance Minister Michael Noonan has said he will not reveal the exact measures until he presents the budget on December 6.However, according to a document presented to the … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, EFSF / European Financial Stability Fund, eurozone, Geopolitics, Germany, Independence/Nationalism, ireland | Tagged , , , , , , , , , | Leave a comment

David Malone author: The Debt Generation – Friday October 21@6pm, Harry Clarke room NCAD, 100 Thomas St, Dublin 8


Great thanks to Seanán Kerr who is busy arranging a talk, Q&A and perhaps a panel discussion on – SLIGHT CHANGE BUT NOW CONFIRMED Friday, October 21st between 6 and 8pm, in the Harry Clarke room in NCAD, 100 Thomas Street … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, Conference / Talk, Economy, EU, ireland, Solutions | Tagged , | Leave a comment

And now for something completely different: a bank display sign says…


Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Humour | Tagged , , | Leave a comment

Important Conference – The EU in crisis: Prospects for regaining Ireland’s sovereignty. 7-8 October 2011


The EU in crisis Prospects for regaining Ireland’s sovereignty. Friday-Saturday 7-8 October 2011 The Ireland Institute 27 Pearse Street Dublin 2 Friday 7 October 7.30pm Was ‘Social Europe’ a con? Speakers: David Begg, General Secretary, ICTU Alex Gordon, General President … Continue reading

Posted in Action Stations, Austerity / Cutbacks, Budget, ECB/IMF, Economy, Euro / Sovereign Money, Geopolitics, History, Independence/Nationalism, ireland, Sovereignty | Tagged , , | Leave a comment

Greece is the word…


News from the past seven days… MarketWatch – Greece should default, exit euro, Roubini says; ZeroHedge – Germany Demands “Managed” Greek Default And 50% Bond Haircuts In Exchange For Expanding EFSF, Peripheral “Firewall”; Spiegel – ‘We Won’t Pay’ Greece’s Middle … Continue reading

Posted in Austerity / Cutbacks, Budget, Civil Disobedience, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, eurozone, Geopolitics, Germany, Greece, Health | Tagged , , | Leave a comment

Yanis Varoufakis in Ireland: Understanding the Euro Crisis


I am in Dublin on a series of talks, interviews and discussions through which I hope (a) to spread the word for the Modest Proposal and (b) to learn from this amazing small country’s experiences. Today’s (personal) highlight was meeting … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Eurobonds, Geopolitics, Greece, ireland, Solutions | Tagged , , | Leave a comment

The Crisis of Europe and European Nationalism (George Friedman/StratFor)


The Crisis of Europe and European Nationalism is republished with permission of STRATFOR. When I visited Europe in 2008 and before, the idea that Europe was not going to emerge as one united political entity was regarded as heresy by … Continue reading

Posted in Austerity / Cutbacks, Economy, EU, Euro / Sovereign Money, France, Geopolitics, Germany, Greece, History, Ideology, imperial, Independence/Nationalism, NATO, USA / America, War & Peace | Tagged , , | Leave a comment

Desmond Greaves Summer School: “Economist sees Irish echoes of US crisis” – Irish Times


From The Irish Times – Economist sees Irish echoes of US crisis: “The closest decade to this one as far as real growth in gross domestic product was the 1930s. There was 1.3 per cent growth per year then, and … Continue reading

Posted in Action Stations, Austerity / Cutbacks, Bankers' Bailout, Breaking News, Budget, Civil Rights & Liberties, Debt Default/Restructuring, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Geopolitics, History, Housing Bubble, Ideology, Independence/Nationalism, ireland, Solutions, Taxation | Tagged , , , , , , , , | Leave a comment

EU austerity contagion spreads (People’s Movement)


Italy’s government has approved a €345½ billion austerity budget that the prime minister, Silvio Berlusconi, said was the result of pressure from Finland, Germany, and the Netherlands. The draft measures—which must still go before parliament for final approval, expected in … Continue reading

Posted in Austerity / Cutbacks, Budget, Civil Rights & Liberties, ECB/IMF, Economy, Elections, EU, France, Germany, Greece, Italy, Superstate, Taxation | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Berlusconi instructed to rule by decree by ECB secret letter, impose new austerity measures (People’s Movement)


The president of the European Central Bank, Jean-Claude Trichet, and his successor-designate, Mario Draghi (governor of the Bank of Italy), have sent a letter to Italy’s prime minister, Silvio Berlusconi, dictating the terms on which the ECB is prepared to … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, ECB/IMF, Economy, EU, Geopolitics, Ideology, Italy | Tagged , , , , , , , | Leave a comment

“Four Horsemen” documentary preview – how the world works


“People are beginning to get angry, but not nearly enough…” We will not return to ‘business as usual’. The Four Horsemen is an independent feature documentary which lifts the lid on how the world really works. Demand the movie now: … Continue reading

Posted in Accountability, Austerity / Cutbacks, Civil Disobedience, ECB/IMF, Economy, Elections, EU, Fraud, Gardaí / Police, Geopolitics, Ideology, Intelligence / Securocrats, Privatisation, War & Peace | Tagged , , , , , , , , , , , , , , , | Leave a comment

Sarkozy and Merkel want eurozone “government” (People’s Movement))


Twice-yearly summits of the heads of the seventeen euro-zone governments are to become the “cornerstone” of the new economic government of the euro-zone, according to Nicolas Sarkozy and Angela Merkel. They are also pushing all seventeen states that use the … Continue reading

Posted in Austerity / Cutbacks, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, France, Geopolitics, Germany, Ideology, Independence/Nationalism, ireland, Superstate | Tagged , , , , , , , , , , , , | Leave a comment