The failure of the ECB IMF deal and what they are up to

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If we accept that this deal was never meant to provide justice to the people of Ireland, then we have to judge its success or failure on other grounds, the ones it was designed to fulfill.  From that perspective the willingness of the rulers of the French, Germans, British and others to drive countries like Ireland and Greece and Portugal, each of us less than 2% of the Eurozone economy, into ruination is understandable, albeit unforgiveable. Just as there is no honour amongst theives, so there is no solidarity amongst capitalists.

Cork Unemployed Occupy Zombie Anglo-Irish Bank

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A campaign against social welfare cuts and the attack on the unemployed by the Government got underway in Cork earlier today with an occupation by 100 people of Anglo-Irish Bank. Arising from a march opposing the looming cuts, the Social Welfare Defence Campaign arrived at Anglo-Irish and proceeded to occupy the front reception of the Bank.

UNITE union talks of strike action against government

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UNITE issues strike threat - "We have begun planning for a campaign of civil disobedience and industrial action that will make clear the level of anger and fortitude that exists among the people who political leaders have failed utterly.”

Breaking News: Occupation of Anglo-Irish Bank in Cork

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A spontaneous occupation by 100 people of Anglo-Irish Bank in Cork has just come to an end. Arising from a march opposing the looming cuts, the Social Welfare Defence Campaign arrived at Anglo-Irish and proceeded to occupy the front reception of the Bank.

The view from Taiwan of the bailout

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A Taiwanese news channel has produced this amusing (were it not so serious) animation that tells the story of the rise of the Celtic Tiger and the bank bail now in process.  It gets some of the historical context right - the famine and mass migration - but sometimes it has an odd view of Ireland. They reckon we we will be back to driving ox-drawn carriages - someone should tell them about the donkeys.  It shows bankers holding a gun to the state's head and a beer-drinking Cowen is later depicted as a leprechaun who is knocked to the ground and kicked by angry protesters, as is a Fianna Fáiler giving out cheese (but it's Edam rather than Cheddar).

Tax changes to hit average workers and low paid far harder than rich bankers

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It has been revealed that the changes in tax credits contained in the IMF/ECB four year austerity plan will hit low paid and average paid workers far harder than the those who earn hundreds of thousands.  A worker on 36,000 a year will pay around ten times as much extra tax as a percentage of their income than a banker earning 300,000 will.  In real terms both pay exactly the same, 1860 euro.  The independent think tank TASC has produced a short report which graphically illustrates the deepening of inequality that is contained in that aspect of the four year plan.

The Economist gives up on halting Climate Change

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This weeks leads editorial in the international business magazine 'The Economist' shrugs its shoulders and walks away from the idea of controlling Climate Change. This is very significant for The Economist is not a climate change denial publication, for some time (at least as far back as 2006) it has accepted the scientific consensus that human caused Climate Change is a real process with extremely serious implications.  So it giving up the fight is a very big deal indeed, and one that contains serious lessons for the Climate Change reformists who continue to believe that if enough pressure is put on a deal can somehow be struck at five minutes to midnight.

 

‘Work for free’ says government to unemployed teachers and other school staff

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Having announced their decision to sack 1,200 teachers and an untold number of Special Needs Assistants last week, the government has swiftly followed it up with a plan to make unemployed teachers and other school staff work for free.

Students currently protesting at Anglo Irish Bank in Galway

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Free Education for Everyone (FEE) has begun a peaceful protest at Anglo Irish Bank on Forster street, Galway, calling for an immediate General Election. FEE places the blame for Ireland’s current economic situation directly on the Fianna Fail politicians, who refused to regulate the financial system, and on the bankers, who took advantage of the lack of regulation to gamble on the markets. Once those bets fell through the Irish people were threatened: that failing to bail out the bankers would result in national ruin.

"Did you boo Jack O'Connor then?

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Dublin Saturday 27th November 100,000 on ICTU march. I was there and I heard the booing.

Got back to Cork late Saturday, after an icy drive down the motorway. Visiting a friends house after coming back , relating the story from the day. "Did you boo Jack O'Connor then?" says one.