The Hidden Hand

April 28, 2017

Part 1

Rarely does the hidden hand governing Irish politics and Irish Health and Education reveal itself in such a public way.

Courtesy of Dr Boylan’s intervention in the maternity hospital controversy ““It’s been said that the nuns are not going to run the hospital – that’s absolutely correct. I’ve never suggested that they would run the hospital, but they own the hospital, they own the company that runs it and they have undue representation on the board.”

They sent him a text asking him to resign from the Board culmination of his decades long service to the Board of the hospital. He has since resigned in protest accompanied by his fellow supporter Dr Fitzpatrick who shares his views.

To have such an influential control of the Board of the new hospital with powers to appoint a block of 4 people to the board puts to bed any argument the sisters will have no say in the running of the hospital. To believe otherwise is to be delusional.

We are asked to believe agreements reached on such appointments have no operational input into the operational running of the hospital. Neither has the ownership issue any bearing on the operational running of the hospital. This is ludicrous, false, delusional and a confidence trick. Why do the sisters wish to own the hospital in the first place?

This maternity hospital should be a publicly owned hospital  owned solely by the citizens of this state. The Sisters of Charity building on the success of St Vincent’s Hospital could extend that hospital to include maternity services and from the wealth that could be privately raised from both within and outside their own resources, fund the building of their own private facility.

Instead, our state is gifting €350ml of taxpayers money to fund a private facility.

But truth is not owned by the sisters nor can it ever be.

Whistleblowers like Dr Boylan and Dr Fitzpatrick pay the price of blurry lines between lies and disingenuous falsehood, they are sure needed here to tell us all, the proposed hospital at St Vincent’s, has no clothes on.

The Hidden Hand that governs political life in Ireland has moved against doctors Boylan and Fitzpatrick in a manner in keeping with the way it has acted against whistleblowers in An Garda Siochana.

 

Part 11

 

http://www.consilium.europa.eu/en/european-council/president/news/20170321-april-brexit-euco/

An Taoiseach Enda Kenny has succeeded in putting into the minutes of the summit meeting for Brexit to be held this weekend, a provision that recognises the Good Friday Agreement assertion, that in the event of a majority call for United Ireland in any referendum to take place in NI following Brexit, that a United Ireland will become part of the EU.

Notice the phrase ‘referendum to take place in NI’. It appears an Taoiseach does not intend consulting the citizens of ROI on whether they want a United Ireland under the above terms?

It’s delusional to think citizens of NI under any terms would want a United Ireland. Polls consistently show a majority of catholics wish to remain in UK. But let’s be realistic and try to imagine a change to come about where such a referendum may become realistic.

It would require support from citizens from ROI in a referendum to choose on what basis NI would join the south in a United Ireland.

In order to be truly democratic such a referendum would have to include the option for a United Ireland to become part of the UK.

Persuaded if they come to pass by the awful effects of Brexit economically and socially,  our nearest  neighbour with whom we have most in common and most to gain with in trading, Irish citizens may very well be persuaded, as Nigel Farage has claimed, that membership of the EU, is not in the interest of the citizens of Ireland.

With our Economic Management Committee’s new terms in Corporation Tax dictated to us by Europe, unable to invest in public infrastructure such as housing, requiring new hospitals, standards in Education falling, unable to house young families who frankly cannot afford outrageous house prices; doctors, nurses, teachers emigrating in droves; €5bn in agri exports to UK under threat, border controls (who pays for the new border police/infrastructure) with Ireland already reeling from austerity?….

We need a referendum when the above facts are realised and felt by Irish citizens, on  Unified Ireland leaving the EU or Unified Ireland staying within the EU. Conceiving of the ROI coping with the negative effects of Brexit on the 26 counties while remaining in the EU, is plainly delusional.

The longer Taoiseach Enda Kenny stays, the weaker his erstwhile candidates to replace him as Taoiseach become; the weaker our negotiation competence, so severely lacking in negotiations over bailout, becomes.

 

Part 111

 

Americans for Financial Reform have just issued the following:

“Last year, House Financial Services Chairman Jeb Hensarling (R-TX5) introduced a terrible bill that takes all the worst ideas concocted by Wall Street and predatory lenders, and combines them into one toxic package. That bill, the Financial CHOICE Act, will be discussed in a House Financial Services Committee hearing this week.

This radical bill eliminates numerous elements of the Dodd-Frank protections passed in the wake of the financial crisis. It practically eliminates the powers of the Consumer Financial Protection Bureau to act forcefully against unfair or abusive practices in consumer lending markets. It even weakens regulatory powers that long pre-date Dodd-Frank. If this bill passed, it would make financial regulation weaker than it was even in the years leading up to the 2008 crisis.

Tell Congress: We expect you to protect consumers and the economy, not gut the rules that make our economy safer. We need you to oppose the Financial CHOICE Act and any other assaults on Dodd-Frank and the CFPB.

This legislation is crammed with deregulatory gifts to every kind of financial institution, including giant mega-banks who want to return to the excessive borrowing and risky practices that led to the financial crisis. It also provides “gimmies” to private equity funds who want to manipulate the financial system and exploit investors, mortgage lenders selling predatory subprime mortgages, and storefront payday lenders pushing products that trap consumers in a cycle of ever-increasing interest payments. This bill is an astonishingly terrible idea – and we need you to urge your Representative to oppose it.”

Meanwhile President Trump intends to cut Corporation Tax and business tax to 15% and also cut taxes for the middle class.

Where will funding come from this?

In the USA last year the US deficit of $587bn was added to borrowings of $830bn making overall debt rise by spectacular  $1400bn +.

So where is President Trump going to fund the loss of Corporation Tax and the lowering of taxes for middle class America?

It may well mean Congress will block the above, but take note.

US TARP(Toxic Assets Relief Programme) bailed out Wall Street and the super rich banks. This money was used to boost the assets of the rich 1% setting off a stock/shares bull market that continues to today. With printed money banks bet in the stock market and watched as their assets rose in value. Little trickled down to Joe Soap on main street. “Main Street” represents the interests of everyday people and small business owners

Austerity was also imposed creating further banana republic pressures on public finances while the rich were once again insulated and protected from such measures of taxation.

Further reduction of taxes on Corporations and the rich 1% will lead to further austerity driven downsides to economic activity that will further threaten the viability of the global currency system upon which all economic activity is built.

 

till again

 

http://www.usgovernmentdebt.us/us_deficit

http://usgovernmentspending.blogspot.ie/2017/01/the-feds-borrow-more-than-deficit.html

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