Ireland’s Dead Parrot!

February 27, 2017

Previously Ireland took one for the team in Ireland’s bailout the extortionate nature of which almost made the IMF pull out of the deal. We shouldered 40% of the exposure losses of European banks in Germany and France. Perhaps the IMF couldn’t believe we would go along with the deal but if we were dumb enough to ask for it, why should they object? Ireland’s leaders parroted the role set out for them by Jean-Claude Trichet and the ECB.

Spain and Portugal and later Greece forced a renegotiation of their bailouts and in spite of our lack of negotiating power, we had to be given a similar deal.

The Irish promissory notes  over €30bn our so-called government could have legally mounted a court challenge against refusing the payment of this gift to the ECB, instead the money was laundered into legally binding terms set in international law against a minor backdrop of shallow concessions government here touted as success.

Government once again parroted the role set out for it by the ECB and  European Commission.

Support for the financial sector in Ireland includes support for vulture funds looting our property sector with Minister Noonan’s approval in spite of a pathetic and failed attempt to close loop holes. http://www.thejournal.ie/vulture-funds-loophole-3009381-Oct2016/

Are you beginning to get the picture of gross incompetence?

How about Ireland suing the EU for its ruling that Apple owes Ireland €13bn?

Do you want white elephants?

Currently the HSE supported by government plans building the most expensive hospital ever built in the world costing in excess of €1bn.

http://www.irishtimes.com/news/politics/oireachtas/t%C3%A1naiste-defends-spiralling-cost-of-new-children-s-hospital-1.2986631

Tánaiste Frances Fitzgerald “Ms Fitzgerald emphasised the trebling of construction inflation from 3 per cent to 9 per cent as a main factor in the rise and said a new education research centre was being developed and the provision of IT for the hospital had to be taken into account.”

Wow, provision of IT not taken into account in the original estimate?

Location of the hospital is stuffed into a high density traffic area hazardous in regard to spiralling building costs. It includes the demolition of buildings still in use.

Another cheaper alternative exists cost €600ml.

http://thenewchildrenshospital.ie/

ESTIMATE OF COST (2016) of the NPH if built at Connolly

Construction cost = €400M

Hospital 118,000 metres square @ €3000 per metre = €354M

Family accommodation 4,000 metres square @ €2,000 per metre = €8M

Research Department 3,000 metres @ €2,500 per metre= €7.5M

Two satellite units – 10,000 square metres @ €3,000 per metre = €30M

ADD Vat, Fees, fit-out and equipment @ app. 50% of construction Cost = €200M

TOTAL  =  €600 M”

Whether in housing, health education or elsewhere such as infrastructure for Irish Water, Ministers busy themselves in peripatetic visitations around various interest groups across the country promising the views of lobbyists are being urgently taken into consideration.

Like a random bureaucrat picking up the phone and answering yes to every question in Franz Kafka’s “The Castle” meeting journalists becomes an opportunity to list your schedule. It’s a busy much ado about nothing that hides the bigger picture burying one’s head in the sand.

Nothing gets done, no hospitals are built to relieve the trolley A&E crisis or long waiting lists that extend into years.

No local authority housing estates are built because of vague public private partnership incentive schemes that become a patchwork of nonsensical bureaucratic folly.

Larger issues controlling the bigger picture are at work undermining the work of ministers who are no more than trolls for the banks and the financial sector undermining democracy even more.

Consider this, property has become too expensive to build and has gone beyond the reach of even the middle class.

But property prices maintained at high levels ensure the banks their previous lending into the sector will find a return for property developers who otherwise may lead the banks to go bust.

The irony is that providing development funding for large schemes of affordable housing could lead to falling prices in the property sector threatening  developers and mortgage holders and banks already in the market.

They are threatened with non return of their loans if property prices fall.

Unfortunately, journalism in Ireland is often a parrot for the status quo and those in power. Cheer leading absurd nonsense and ridiculing intelligent questioning is often crowned by arrogance and hubris that beggars belief. More examples here:

http://www.irishtimes.com/news/politics/enda-kenny-calls-for-brexit-deal-to-include-united-ireland-provision-1.2986650

http://www.belfasttelegraph.co.uk/news/northern-ireland/brexit-theresa-may-responds-to-letter-from-arlene-foster-and-martin-mcguinness-35139845.html

Enda Kenny has always been a cheer leader  for remaining in the EU and has been exploited  effectively  from the European perspective facilitating the ECB demand that Ireland take one for the team.

But his position now can be likened to the man sold the dead parrot in Monty Python. Some might consider him to be the dead parrot of Irish politics with the saga of his leaving the leadership of Fine Gael an unending distraction to real politics.

Some real issues loom.  Brexit will have profoundly negative impact for Ireland in terms of its trade with the UK ( see earlier blogs ). Ireland’s banks are still at risk exposed to large bad loan losses:

http://www.irishtimes.com/business/financial-services/bank-of-ireland-dividend-in-doubt-as-risk-profile-is-revised-1.2916390

Corporation Tax windfalls in the financial sector will not last forever as UK and US and EU restructure their own financial sectors to compete against Ireland.

We are in the middle of a housing crisis and an A&E and health crisis. Education is under funded and the target of further austerity cuts. These will be severely impacted in a negative way by Brexit.

Kenny’s response to the crisis is to propose an All Ireland provision in Brexit negotiations to facilitate Northern Ireland to rejoin the EU in some future All Ireland context if Northern Ireland wishes to rejoin the EU.

The hubris and arrogance of the notion beggars belief against the context of The Democratic Unionist Party being in favour of Brexit.

Why would the DUP wish to give away whatever sovereignty it already has to an Irish government-run by the EU whose own sovereignty is questionable?

They do not want our homeless, our hospital waiting lists, the destruction of trade between UK and Ireland and our falling standards in education.

An All Ireland Brexit with a new economic union between Ireland, Scotland, England and Wales outside the EU is a more balanced solution to Ireland’s problems. But our media ignore the issues involved in Brexit preferring the distraction of when is he going to leave?

We should be talking about a new trade agreement with the UK!

http://ec.europa.eu/trade/policy/in-focus/ceta/

CETA is a new trade agreement between the EU and Canada.

It’ll make it easier to export goods and services, benefiting people and businesses in both the EU and Canada.

The European Parliament voted in favour of CETA on 15 February 2017.

The EU national parliaments must approve CETA before it can take full effect.”

CETA has been touted as a possible template for a new trade agreement between The UK and the EU.

Kenny should instead leave the building of Ireland’s future to those who can deliver  a future for Ireland outside the EU. Don Quixote tilting at windmills is not enough with foolish United Ireland part of the EU nonsense.

Ireland needs a future not embedded in the debt shackles and austerity driven quagmire of the EU that is ruining Ireland for future generations.

Vote for IRexit and a United Ireland outside the EU negotiated under a new CETA type agreement that will consolidate Ireland’s relationships with its closest neighbours, not break them.

 

Postscript

The Irish Water controversy rumbles on. 90% of water leakage is not the responsibility of consumers but rather leaks under the watch of local authorities piped into districts along large mains. Propaganda from Fine Gael would like to blame consumers for this and have them foot the bill.

The bill for improving our water infrastructure should come out of general taxation. Large savings tackling loss of water would come through improving infrastructure lessening the overall expense of improvements. 

Technology exists without water metering each house to locate and identify large leaks by simply metering large areas and making mathematically based statistical deductions that would give accurate probability measures  whether extensive, unexplained consumption and leakage exists.

It should be easy to identify suspect areas and replace infrastructure that is beyond its sell by date. It should be possible with a small number of meters to install these in high suspect areas to get detailed profiles right down to single houses. They can be taken away and reused elsewhere when necessary.

Armed with this information it should be possible to fix such leaks primed with incentive grants to householders  unwitting victims of leaks on their premises. 

We’ll leave aside the possibility of European subsidisation of any schemes enabling the above.

Suffice it to say parroting the Attorney Generals advice based on his interpretation of dictats from the European Commission with Orwellian Big Brother, anti democratic demands, is a political failure mirroring Simon Coveney’s failure to deal with our homeless and housing crisis…..

The Fine Gael demonisation in this debate of the word ‘populism’ to denigrate the democratic will of Irish people is one that takes us closer to fascism where the will of the Irish people is set aside in favour of those who govern from the shadows.

For them democracy is the enemy. Unless we want more of the same we should seriously consider IRexit as an alternative to mindless, blind obedience fed by absurd notions such as the quango of Irish Water.

Irish Water saga is led by politicians for whom the above political failures have sadly become a way of life. 

 

 

till again…

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: