My goodness, the Irish have finally found a bigger oppressor than the British!
“Ireland’s trade union chief has accused the EU-IMF troika in charge of Irish austerity policies of tipping the economy into downward spiral and acting as an imperial oppressor. ”The Troika has done more damage to Ireland than Britain ever did in 800 years,” said David Begg, head of the Irish Confederation of Trade Unions.
Mr Begg said the image of Ireland as the poster-child of EU recovery was a myth cultivated by EU creditors whose only interest is to recoup their money. “At least the IMF officials are willing to admit they have been wrong but the EU officials are total ideologues.” “It is like being in an awful World War One conflict where the generals have expended a million lives to gain one yard of ground, yet nothing will change their mind in face of all the evidence.”
The trade unions say internal consumption has collapsed by 26pc, and investment has fallen to the lowest level in recorded Irish history. Under-employment has reached 23pc despite emigration to Canada, Australia, the US and Britain. “The austerity has to stop. People feel they are drowning,” he said.
There is some truth in what he says. Ireland is drowning in debt and the idea that it can somehow trade itself out of the chasm it fell into as a result of EU imposed austerity is indeed madness. But Ireland cannot have it every way either. If it wants to stay in the EU (And that is universal truth in the Republic) then it shouldn’t complain when the price levied is so very high. The best thing the Republic could do is LEAVE the EU but it won’t and so whilst Mr Beggs makes some valid points in the final analysis you cannot have your EU cake and eat it.
I wonder how much guilt the various Irish politicians feel when they read of the death of a woman whom they condemned to death by a combination of inertia, superstition and ignorance?
I doubt very much if Enda Kenny feels anything more than a momentary annoyance at the stupidity of a woman who held the belief that she was in a country which would protect her against that same ignorance, superstition and inertia, but there again, she must have forgotten she was in a country which just doesn’t care!
Excellent article here by Eddie Hobbs on the economic peril that Ireland has been placed by a political elite toadying up to the Eurocrats;
“Pay for hospital consultants, teachers and nurses is singled out as especially high by the IMF. Local Irish county managers are paid more than most European prime ministers. Brendan Howlin, the minister in charge of reforming the public sector, is himself a former teacher and trade union activist. The inner cabinet of the Irish government—which comprises the prime minister, the deputy PM, the minister for finance and the minister for public reform—brings the intellectual firepower of three secondary-school teachers and a trade unionist to bear on Ireland’s crisis. All support the public-sector cartel.
The Irish government points to a reduction in public-sector numbers due to a recruitment freeze—as if those who take early retirement are abducted by aliens to a planet beyond the galaxy, and not into Ireland’s Ponzi pension scheme, which quadrupled its liabilities to €120 billion over the past decade while losing most of its assets to the bank bailout.
So while Time magazine and others eulogize the plucky leader of the Irish people, the truth is that Enda Kenny leads a Vichy government—captive externally to creditors that still insist on loading bank debt onto the sovereign, and internally to a tribe of insiders led by union godfathers in a deal that protects the government’s own excessive pay and pensions while bankers lean over its shoulders to rewrite insolvency laws. This isn’t just crony capitalism. It’s crony democracy.
Hobbs is right. Ireland is a fiscal basket case and the fault lies not with the Irish people per se but rather the political elite who bend over to the Eure elite externally and their crony pals internally.
Ah but sure doesn’t the world just love the Irish and the “craic” they bring with them everywhere. Take this story;
The mayor of Poznan is due to visit Ireland this week to express his gratitude to Ireland’s Euro 2012 fans who visited the city. Ryszard Grobelny will personally thank the fans who brought such great “craic” to the city.
Here’s an example of that “craic” that so impresses; It’s Poland.
Funny how the media don’t like to run with some stories, isn’t it? Thankfully The Newsletter spills the beans…
SENIOR unionists have slammed the sectarian behaviour of some Republic of Ireland football fans attending Euro 2012 in Poland. Danny Kennedy and Gregory Campbell were speaking after video footage appeared on the YouTube website showing supporters in the Republic’s colours singing “IRA” and “**** the Queen” on the streets of Krakow. Newry and Armagh UUP MLA Mr Kennedy said there is no place in sport for sectarianism but feels the latest incident has received little or no media attention — unlike the press onslaught faced by Northern Ireland fans following an incident in Dublin last year.
Just looking at BBC NI web site and yes...not a mention. One rule for them I guess…oh, and here’s the video…
Their inner IRA supporting bigot? Lots of decent Irish people will be ashamed by the antics of these “ambassadors” for Ireland.
Well, we know that Irish nationality now means saying yes to German domination and I found this a very perceptive article by an Irishman;
But now, scared into submission by a supine government, the Irish electorate has given up the fight. Worn out by years of austerity and fear that we will end up like Greece, my countrymen have simply thrown in the towel. The grave consequence of this is that we have squandered even more of our economic sovereignty to people who, after five tortuous years, have still not figured out a way of solving a catastrophe of their own making. Our best hope now, it seems to me, is for this appalling experiment to collapse beneath the weight of its own hubris. Only then will Irish politicians be forced to start thinking of truly innovative ways to rebuild our devastated economy. Only then will they finally realise that, however difficult that process of rebuilding may be, it is far better than condemning their people to endless economic servitude.
This is correct, Ireland will only move to do the right thing when it has no more wrong options. Even as the Eurozone teeters on the cliff edge, the Irish say YES because they have been scared into not saying NO. So..
”Why are the Irish politicians, sunk in austerity and sinking further, and with even fewer signs of growth than Britain, still endorsing this fantasy?’ The simple answer is that they lack courage.
They know, for example, that our debts are unsustainable. They know that instead of rewarding German banks and bond holders, they should be punished for their bad investments. They know that instead of bailing out toxic banks, they should have been let fail. They know that no one in this country – and I mean absolutely no one – can afford more ‘austerity’, and yet they persist in saying that our future recovery depends on it. Why? Because they don’t want to offend those who, in their wisdom, have driven Europe to the brink of ruin.”
Pity Ireland – Germany’s little poster boy for submission.
The Irish seem to have learnt that when it comes to matters EU, they must vote YES, or else…
Voters in the Republic of Ireland have approved the EU fiscal pact, early unofficial results indicate. Both the “Yes” and “No” camps have now acknowledged that the treaty, aimed at enforcing budget rules in the eurozone, was approved in Thursday’s referendum. Tallies at count centres indicate a 60/40 split in favour of the agreement. Counting is still in progress in Ireland, the only eurozone state to hold a referendum on the pact. Official results will come early in the evening. Opinion polls had suggested a “Yes” camp win.
Angela Merkel will be pleased to know that even if Francois Hollande says NON to her austerity plan, the poor Irish always say YES!
The Irish political class really are the little pets of the EU.
Today, ALL the major Irish political parties and the media establishment are calling on the Irish people to say YES to the European Fiscal Pact, which sets strict limits for countries’ budget deficits. Sinn Fein/IRA have taken the opportunistic decision to oppose it, and will gain kudos for doing so. Of course it does not matter a jot what the Irish people say, the EU will push on in whatever direction it wishes and those Irish politicians who love being on the Euro gravy train will do and say whatever is required of them to keep themselves aboard.
The terrible reality that no one in the Republic seems to want to face is that the ONLY salvation for the Irish economy comes when it LEAVES the Eurozone. Denying this and praising the great Gods of Brussels shows the detachment from reality that has led to the demise of the Celtic Tiger is still very much alive.
….the austerity was for nothing, it seems!
Ireland, seen as the eurozone’s “poster child” for implementing austerity, could require a second bailout, economists warned. As households struggle to pay their mortgages, the country’s rescued banks may need €4bn (£3.2bn) more to cover losses on loans than was assumed in stress tests last year, said analysts at Deutsche Bank. That would hit the finances of the Irish government, which has already pumped about €63bn into its banking sector in the last three years.
I believe that Greece may well bring Ireland down……which is sad. However the fact is that the Irish political elite have whored themselves to Brussels for so long that they will embrace any and every national humiliation on order to stay on the Euro gravy train even as it runs over the backs of the people.