Category Archives: Bankers’ Bailout

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 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

Ó Cuív says “No”


The Journal.ie– Ó Cuív breaks ranks to advocate No vote in Fiscal Compact: Ó Cuív told the Adhmhaidin show that a No vote against the fiscal compact would lead to the appraisal of the European Stability Mechanism treaty, which is … Continue reading

Posted in Bankers' Bailout, 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

#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

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… (2)


Posted in Bankers' Bailout, ECB/IMF, Humour | Tagged , | Leave a comment

[correction]”The Debt Generation’s” David Malone: Talk, Q&A – Saturday 22nd/Oct. (evening) in Dublin


From his Golem XIV blog: Great thanks to Seanán Kerr who is busy arranging a talk, Q&A and perhaps a panel discussion on Saturday 22nd (evening) in Dublin. I will give you more details as they are confirmed. But for now … Continue reading

Posted in Accountability, Audio/Video, Bankers' Bailout, Economy, eurozone, Ideology, ireland, Solutions, UK / Britain, USA / America | 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

Conor McCabe – Raymond Crotty Memorial Lecture 2011: Rancher & Banking Interests in the Irish Economy. Pearse Centre, Dublin @ 2:30pm, Saturday 15 October.


Raymond Crotty Memorial Lecture 2011 – Conor McCabe: Rancher & Banking Interests in the Irish Economy Dr. Conor McCabe will deliver the Raymond Crotty Memorial Lecture for 2011 in the Pearse Centre (27 Pearse Street), Dublin, at 2:30 p.m. on … Continue reading

Posted in Bankers' Bailout, ECB/IMF, Economy, Elections, Emigration, EU, Euro / Sovereign Money, Geopolitics, History, Housing Bubble, Independence/Nationalism, ireland | 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

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

The ECB edges towards being a “bad bank” (People’s Movement)


The European Central Bank announced last week that it had purchased €22 billion in government bonds, with the majority thought to be from Italy and Spain, bringing the total amount spent under the ECB’s bond-buying programme to €96 billion. The … Continue reading

Posted in Bankers' Bailout, Debt Default/Restructuring, ECB/IMF, Economy, EU, Geopolitics | Tagged , | Leave a comment

Good Europeans: German Constitutional Court to be taken to European Court of Human Rights (People’s Movement)


The German Constitutional Court has announced that it will present its ruling on the challenge against the euro-zone bail-out on 7 September. Separately, the Europolis Group, made up of fifty-five German entrepreneurs, has announced that they will take the German … Continue reading

Posted in Accountability, Bankers' Bailout, Civil Rights & Liberties, ECB/IMF, EFSF / European Financial Stability Fund, EU, Euro / Sovereign Money, Germany | Tagged , , , | Leave a 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

France, Germany agree transaction tax for “true European economic government” (People’s Movement)


The Germans and French agree again! France and Germany have agreed plans for a transaction tax as part of a deal to set up a new “true European economic government” for the euro zone; but they demand that the tax … Continue reading

Posted in Bankers' Bailout, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Geopolitics, Germany, Greece, Housing Bubble, ireland, Taxation | Tagged , , , , | Leave a comment

Auf Wiedersehen… Yet? Is Germany Preparing to Exit the Euro?


New Economic Perspectives / Marshall Auerback – A Tale of Three Germanys: Is Germany Preparing to Exit the Euro?: The Germans were willing to go into a currency union because by construction that agreement removed the weapon exchange rate depreciation … Continue reading

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

There is still a little time left for Ireland to foil this power grab by the Eurozone elite (National Platform)


This ESM Treaty is the first use of the “self-amending” Article 48.6 TEU of the EU Treaties which was inserted by the Treaty of Lisbon. It is seen by the Fine Gael-Labour Government, as well as by its Fianna Fail … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Civil Rights & Liberties, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, France, Geopolitics, Germany, Housing Bubble, Independence/Nationalism, ireland, UK / Britain | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Forgive Us Our Debts… from Ancient Greece to CNBC (& Morgan Kelly, David McWilliams)


Resource Insights – The debt bomb, net energy and ancient Greeks: In the 6th century B.C. Athenians gave extraordinary powers to one man to make needed reforms that would deliver Athens from economic stagnation and the gradual enslavement of the … Continue reading

Posted in Bankers' Bailout, Civil Rights & Liberties, Debt Forgiveness / Personal Bankruptcy, ECB/IMF, Economy, EU, ireland, USA / America | Tagged , , | Leave a comment