Social Crisis Grips Ireland
http://www.wsws.org/articles/2010/nov2010/irel-n19.shtml
"The accelerating economic crisis in Ireland is taking a terrible toll on broad layers of workers, particularly the more vulnerable - children - the elderly, those on law incomes and with insecure housing.
Hundreds of thousands of people face privation and suffering as every area of social life comes under intense stress from savage spending cuts and increased unemployment.
This is in advance of the measures now being put in place by the Irish elite, the European Union and the International Monetary Fund to implement another major subvention of public funds to the banking system..."
better start paying attention Canada...
Europe's Dirty Secret
http://www.wsws.org/articles/2010/nov2010/pers-n19.shtml
it's a secret...
Duncan Cameron: Ireland proves banking is too important to be left to the bankers
And my favourite explanation of the crisis in Ireland:
Cool Catchfire!
I know spelling "flames are lame" but it's really hard to listen to someone trying to speak authoritatively about finance when they spell principal as "principle". Just sayin'.
Thanks Snert, it's been fixed.
Leo Panich: Thousands Protest Irish Nightmare Economy
Funny, it was just two years ago that the Adam Smith fanatics were holding up Ireland as a shining example of how to run a country. By bringing in deregulation, and dropping taxes, Ireland has achieved great success.
But now they are on the verge of bankruptcy? Peculiar.
Clearly, the answer must be further deregulation and lower tax rates.
That will fix everything.
[url=http://www.reuters.com/article/idUSWLA043620101209]Ireland's Labour party to vote against bailout[/url]
[url=http://online.wsj.com/article/BT-CO-20101209-710614.html]Sinn Fein To Vote Against Ireland's Bailout Package[/url]
[url=http://online.wsj.com/article/BT-CO-20101212-703304.html]Fine Gael Likely To Vote Against Aid[/url]
Is this the beginning of the end for the neoliberal corporate superstate? Will debt restructuring transform Ireland into an impoverished Weimar Republic? Hopefully Irish MPs will vote NO and strike a blow against EU corporate and financial elites.
It is more than funny, it is sickenly hilarious and ironic that here in Winnipeg the Frontier Centre was going on for several years in their Free Press op-eds about the wonders of Ireland. Yet now when I go to their website I could not find any overt links on the frontpage. It is so strange that the 'free marketer' types talk about a free market of ideas as well but all of their positions and behaviors, etc are so completely uniform, so much the same. They all promote Ezra Levant's ethical oil without hammering about all the subsidies for oil and mining. Now they are silent about Ireland; its as if they are actually a well-oiled, well financed PR chimera for corporate power and that they are all liars and stooges. Its as if they talk one way but function and operate in an entirely other way. Its as if they are completely dishonest and incapable of budging on one point lest the whole curtain fall. Has anyone seen or witnessed anyone from the Cato/Reason magazine/Taxpayer's Federation/Fronteir Centre come clean about their advice and commendations for Ireland and for New Zealand before that? This is not a rhetorical question; I am genuinely curious if one of them has stepped out of line, stepped into a shining light, away from the omninous herd of complacency and conformity like an Ayn Rand character and called out all of this for what it has been?
Joe Higgins: 'Irish people owe nothing to banks & billionaires - refuse to pay now!'
Germany and the Eurozone Sovereign Debt Crisis: the Lessons of History