Irexit  under Brexit?

“Imagine that the UK and EU form a free trade area, but that the UK sets a 20% tariff on Japanese cars, while the EU sets a 10% tariff. Without border controls between the UK and EU, everyone would import Japanese cars into the UK via the EU — which would undermine the UK’s trade policy. Similarly, imagine that the UK does a trade deal with the US, and agrees to admit American beef duty-free, while the EU retains a 15% tariff. Again, absent border controls between the UK and EU, everyone would import US beef into the EU via the UK, thus undermining EU trade policy.”( Kevin O Rourke )

http://www.irisheconomy.ie/index.php/2017/02/16/brexit-customs-unions-and-borders/

http://www.independent.co.uk/news/uk/politics/brexit-northern-ireland-border-guy-verhofstadt-single-market-customs-union-european-parliament-a7972596.html

“The resolution rubbishes Britain’s proposals for an infrastructureless NI border based on spot checks and says that the UK plan for a lack of physical infrastructure “presumes that the United Kingdom stays in the internal market and customs union or that Northern Ireland stays in some form in the internal market and customs union”. The PM has ruled out keeping the UK as a whole in the customs union or single market.”

It is now the case  negotiations over Brexit are focusing on 2 key areas 1. the Financial and 2. the Irish Border.

To understand the latter consider the impact on Spain of Catalonia leaving Spain purely from a trade perspective; or California leaving the US; or Kerry leaving the Republic.

By way of further clarification could I take issue with the use of the term Sovereign Republic of Ireland in Brexit negotiations : “Sovereignty is the full right and power of a governing body over itself, without any interference from outside sources or bodies. In political theory, sovereignty is a substantive term designating supreme authority over some polity.[1] It is a basic principle underlying the dominant Westphalian model of state foundation. ” https://en.wikipedia.org/wiki/Sovereignty

Ireland has given up large chunks of its sovereignty to the EU many EU treaties ago and can no longer consider itself a sovereign republic.

Back to the point:

O Rourke quotes: “The Union shall comprise a customs union which shall cover all trade in goods and which shall involve the prohibition between Member States of customs duties on imports and exports and of all charges having equivalent effect, and the adoption of a common customs tariff in their relations with third countries.”

Clearly we deduce Ireland if it remains in the EU cannot negotiate a FTA (Free Trade Area) for itself to set tariffs on imports. If it did so, it would have to pay for and accommodate an expensive border. Ireland must abide within European rules.

So we are left with the remaining option to consider, NI remains within the customs union.

Leaving aside objections by the DUP let’s go back to the sovereignty definition above. The British people have voted as a democratic people for Brexit. This means at the very least leaving the customs union with a new sovereign UK setting its own custom duties on imports and exports and rejection of a common customs tariff set by the EU.

But Kevin O Rourke in this paper offers many compelling reasons for Ireland to remain in the EU largely attributing Ireland’s prosperity to its membership of the EU. Unfortunately his arguments view membership of the EU through rose-tinted glasses.

For example he ignores the fact that FDI investment in Ireland through the 90’s to this day largely exports to the rest of the world and not the EU.

Our membership of the EU is a card largely overplayed to explain the attractiveness for Ireland for FDI. Ireland has many other attractions for FDI other than membership of the EU. Ironically many of Ireland’s tax policies are considered by the EU as anti-competitive and unfair and are targets for revision.

O Rourke ignores the hosing of free money into Ireland through its membership of the EU area and the lack of financial controls that led to investment of large parts of this money into an unproductive housing and property market, with growth impelled through construction of ghost housing, land lordism, commercial property markets that were stoked in rush to profit margins by Irish banking under a Central Bank largely government free of ECB European regulation.

Ireland’s financial collapse circa 2010 was made in the promise of membership of the EU providing financial stability of our economy freed of exchange rate controls and uncertainties due to our national currency.

We would be free of such unforeseen consequences as financial collapse? In that regard membership of the EU has been a dismal failure whether through Irish or European bad governance.

We currently have a debt to GDP ratio of 75% https://tradingeconomics.com/ireland/government-debt-to-gdp

Since the Paradise papers and before the above 75% is unreliable as its made up of figures from our multi nationals that through means such as the famous Double Irish involve offshore sales, trick accounting methods dubious to say the least.

Here is Ireland’s €200bn+ debt clock and the figure rises by the second. It rises by over €300 per second. Our financial affairs and our banks are still in a perilous state.

https://www.nationaldebtclocks.org/debtclock/ireland

Our banks are vulnerable to external shocks such as Brexit. UK is a major market that will instantly make our agri exports uncompetitive and through  inward flow of cheaper goods could severely damage our retail industry as well as our agri industry.

We havn’t done as well out of our membership of the EU as europhiles like O Rourke would have you believe. We gave away our fishing industry, compare ours to that of Norway, ” With a coastline of more than 83 000 km, including fjords and islands, Norway is one of the world’s leading nations regarding the production from marine fisheries and aquaculture. The fisheries sector has always played a key social and economic role, nationally and regionally, and has been the basis for settlement and employment along the entire Norwegian coast. The vast marine areas under Norwegian jurisdiction are among the most productive in the world and provide ideal conditions for aquaculture production. Fishing and fish farming represent 0.7 percent of the gross domestic product (GDP) in 2010, with 12 900 full-time equivalents employed in the sector. In 2009, Norway ranked 11th in global capture fisheries production and the 7th in aquaculture production. It produced 3.5 million tonnes of seafood, about 25 percent coming from the aquaculture industry. ” http://www.fao.org/fishery/facp/NOR/en

We have legacy issues stemming from financial collapse not the least of which is our homelessness, property crisis and trolley bed “8101 patients on trolleys in September 2017 awaiting admission for in-patient treatment. This represents a 7% increase when compared to September 2016.” https://www.inmo.ie/Trolley_Ward_Watch

Society in Ireland is more unfair and fractured the gulf between rich and poor widening rather than decreasing.

Membership of the EU involving tax harmonisation, defence, and EU trade policies changing with UK under Brexit make a compelling reason for Ireland to review its membership of the EU.

It seems to me we have 3 choices.

  1. Remain in the EU and take what comes. This would be economically, politically and socially a disaster for Ireland. O Rourke states “Those who want Ireland to leave the EU know that they are in a small minority, and many will not come out and argue for their position particularly strongly, for fear of being laughed out of court. The evidence that our prosperity is based on EU membership is overwhelming. ” O Rourke’s remain case is underwhelming to say the least as he cites the success of Finland in 1991 required to face up to consequences of break up of Soviet Union and Denmark in 19th century to withstand tariff changes. The problem here is we live in a new era of a global economy and switching from beef to dairy will not help us. We do not have a manufacturing base to rely on. Our property market is as dysfunctional as it was before the crash of 2010. Ironically, if our property market had been more successfully cauterised than it has been with bailout and with NAMA, we would be in a better place to deal with Brexit. As it is our economy is extremely fragile.
  2. We could follow Switzerland and leave the EU https://en.wikipedia.org/wiki/Switzerland–European_Union_relations  This would mean “The relations between Switzerland and the European Union (EU) are framed by a series of bilateral treaties whereby the Swiss Confederation has adopted various provisions of European Union law in order to participate in the Union’s single market. All but one (the microstate Liechtenstein) of Switzerland’s neighbouring countries are EU member states.”
  3. We could leave the EU and negotiate a Commonwealth FTA agreement with the UK that would include a 32 county dimension. This would invlove a political solution involving the island of Ireland and a new parliamentary democracy with Dail Eireann replacing Stormont. Legacy historical issues involving relationships between communities in a new Commonwealth of nations, Scotland, Wales, England and Ireland with greater freedoms in each jurisdiction would be a bold enterprise that could strengthen the island of Ireland and provide it with a dynamic future unfettered from the past that has cost Ireland dear.

O Rourke states: “Those who want Ireland to leave the EU know that they are in a small minority, and many will not come out and argue for their position particularly strongly, for fear of being laughed out of court. The evidence that our prosperity is based on EU membership is overwhelming. ”

O Rourke makes many fine points but overall i find his arguments for staying in the EU underwhelming. The EU is heading for greater centralisation and more exclusion of the periphery that will be to our cost. It has already been to our cost in its refusal to burn bondholders and saddle us with the cost of bailout to the dismay of the IMF.

I respect his opinions but take issue with his poorly chosen remarks above. There is a far greater number of Irish people critical of our membership of the EU as evidenced in our previous votes on Treaty matters, than he would lead us to believe.

Critics of our membership of the EU grow by the day. It would be much more helpful for informed debate if views on both sides were respected and derisory tones were left aside to allow evidence to speak for itself.

Evidence mounts by the second we should elevate the position of Irexit to give it the intellectual respect it requires by both our politicians and academia in Ireland. Its largely not debated whatsoever in RTE.

One political canard in this debate that informs debate at the moment is the unstated possibility that NI would leave the UK and join Ireland in a sovereign, united Republic and remain a member of the EU.

Firstly, we are no longer a sovereign nation. Secondly, while the Irish government may not respect the votes of the Irish people on European Treaties, Brexit will happen. NI as part of the UK with the DUP support of Brexit and the present government of the UK; to consider the possibility of NI leaving the UK under Brexit is ludicrous.

But if the proposal gains traction these facts will become immediately apparent.

New European Army !

Swamped by negative feedback from the citizens of Europe back in the ’50s the proposals to build a new pan European army with a new defence pact are back on the table: http://www.express.co.uk/news/uk/877711/Brexit-news-Nigel-Farage-European-Union-Jean-Claude-Juncker-Nick-Clegg-EU-army-video

“At least 20 EU members are expected to sign a new military collaboration pact – known as the Permanent Structured Cooperation (PESCO) – as early as next week.”

In a previous blog I’ve noted ”

Jean Claude Juncker has also suggested that EU member countries should give up their right to veto new tax laws.

https://www.theguardian.com/business/2017/jan/01/jean-claude-juncker-blocked-eu-curbs-on-tax-avoidance-cables-show

With  UK Brexit Ireland will have no friend in the EU to protect its interests as it becomes cocooned under German and French control as a new buffer state between the EU and UK.

The European spider as it has done under bailout will suck this country dry.

Already this country is a pawn in the negotiations exploited by the EU to damage Brexit and the UK.

Our bid to host the 20123 Rugby World Cup was a fail beaten by South Africa of all places https://www.rte.ie/sport/rugby/2017/0925/907332-irelands-rugby-world-cup-2023-bid/

But it is nothing to the failure of this government to chart us through Brexit waters which becomes more apparent by the day.

In general the bill for the mess has been put on the shoulders of taxpayers with the rich able to avoid those taxes and the bill is going to mount considerably.

Legacy issues hold us back:

https://www.independent.ie/irish-news/health/trolley-crisis-more-than-80000-patients-left-on-trolleys-already-this-year-36304516.html

https://plus.google.com/share?url=https://www.rte.ie/radio1/marian-finucane/programmes/2017/1014/912337-marian-finucane-saturday-14-october-2017/?clipid=102630215%23102630215

Problems such as our homelessness and property crisis have been solved before when we were outside the EU. Fiscal rules within the EU prevent us investing in the infrastructure to solve the housing crisis so we increasingly see matters getting worse due to band aid efforts to protect the rich including our own banks.

Professor Drudy has solutions that are withheld from the public and he gets little publicity. But solutions such as his require us to reexamine our relationship with membership of the EU. We urgently need to recognise our need to join Brexit with Irexit to prevent lasting damage to the people of this island north and south.

Professor Drudy Committee on Housing and Homelessness

 

 

 

 

https://en.wikipedia.org/wiki/Switzerland%E2%80%93European_Union_relationshttps://www.economics.ox.ac.uk/materials/working_papers/2828/150-final.pdfhttps://ec.europa.eu/info/departments/taskforce-article-50-negotiations-united-kingdom_enhttps://ec.europa.eu/commission/brexit-negotiations_en#latest

 

till again….

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Abandon Ship!

September 17, 2017

The only hot air in Project EU at the moment providing wind in its sails is the ludicrous notion that the inner core of EU member states should gang together to disenfranchise the PIGS to protect the banks of inner core member states such as those of France and Germany.

They are worried that in the event of a future calamity they may not be able to bully peripheral members of a PIGS alliance into submission as happened in the case of Ireland and Greece.

It’s a Goldman Sachs bankers view of the EU not one based on democracy or the democratic entitlements of the people of the EU. A way to sell the idea is to garnish it up under the camouflage of strengthening European democracy however contradictory this notion is.

Consider the following:

https://www.rte.ie/news/2017/0914/904789-irish-meps-influence/

Irish MEP’s are among the least influential of MEP’s in the European parliament mainly because of the number of left-wing and independents in the Irish contingent.

“The annual survey shows that in a scale of one to five, Irish MEPs are in the second least influential cluster of national delegations in the European Parliament.”

Consider also Jean Claude Juncker’s (President of the European Commission), State of the Union  a  wake up call to those who support Ireland remaining in the EU.

Perhaps this will waken up some blindfolded Irish europhiles. But I doubt it as they are too well taken care of financially and otherwise on their junket trips to the halls of Val Halla in Brussels. Supporters of IRexit take note.

Consider http://europa.eu/rapid/press-release_SPEECH-17-3165_en.htm

https://ec.europa.eu/commission/white-paper-future-europe-reflections-and-scenarios-eu27_en

Also:

https://ec.europa.eu/commission/sites/beta-political/files/white_paper_on_the_future_of_europe_en.pdf

“And we can take credit for having brought public deficits down from 6.6% to 1.6%. This is thanks to an intelligent application of the Stability and Growth Pact. We ask for fiscal discipline but are careful not to kill growth. This is in fact working very well across the Union – despite the criticism.”

With zero interest rates growth has been dismal the only difference being tools to generate growth are disappearing fast while a landslide collapse of stock markets fueled by the drying up of Quantitative Easing yield a future of a European deflationary spiral rather than growth.

But even this growth is illusory a good example being that of Ireland where inflated property properties help the financial sector to pretend the real economy is growing rather than the true picture of paper driven financialisation driving the economy down.

https://www.theguardian.com/world/2016/aug/26/japans-deflationary-spiral-worsens-as-abenomics-falters

Working well? According to Juncker this the Financial and Growth Pact lock on our fiscal space means we cannot tackle our housing crisis by investing the billions it requires to build homes to end homelessness and end the racketeering speculation that is driving the middle class out of property ownership into the hand of rental speculators.

Juncker’s vision for Europe contains some disturbing contradictions.

One is reminded of some quotes from George Orwell:

“All animals are equal, but some animals are more equal than others.”
― George OrwellAnimal Farm

“No one believes more firmly than Comrade Napoleon that all animals are equal. He would be only too happy to let you make your decisions for yourselves. But sometimes you might make the wrong decisions, comrades, and then where should we be?”
― George OrwellAnimal Farm

Juncker writes:

“…..Now is the time to build a more united, stronger and more democratic Europe for 2025.

“We are now protecting Europe’s external borders more effectively. Over 1,700 officers from the new European Border and Coast Guard are now helping Member States’ 100,000 national border guards patrol in places like Greece, Italy, Bulgaria and Spain. We have common borders but Member States that by geography are the first in line cannot be left alone to protect them. Common borders and common protection must go hand in hand.”

In regard to Brexit the border between NI and the south would appear to be ripe for the injection of a large number of officers from the new European Border and Coast Guard.

Perhaps under pressure from the expense of this undertaking Juncker during Brexit negotiations is hoping the Irish contingent to approach him to fund and supply this border police force.

Such an eventuality of course contradicts the illusory “more democratic Europe for 2025”

I can’t find any proposals for more democracy if you take away the call for more debate on these matters. Its talk without action.

“The future of Europe cannot be decided by decree. It has to be the result of democratic debate and, ultimately, broad consensus.”

Consider the following on the proposed operation and expansion of the European Border and Coast Guard.

Perhaps our depleting security presence of An Garda and defence forces should take note as apparently help is on hand with the imminent arrival European Border and Coast Guard. We will have no need of a state militia to build up our border patrols under Brexit.

“…for the first time since walls
were torn down a generation ago, the recent crises
have led to temporary controls being reintroduced
at certain borders within Europe.

…….Management of
external borders is the primary responsibility of
individual countries, but cooperation is reinforced
thanks to the operational support of the European
Border and Coast Guard. Continuous improvement
to border management is needed to keep up with new
challenges. If this is not done, some countries may
wish to maintain targeted internal controls…”

Clearly Juncker is advocating a stronger and less democratic system of policing and border control one that will replace “targeted internal controls”.

Critics of the EU have long pointed at the insider/outsider distinction between those on the periphery and those countries wielding the most power. Summed up in the PIGS acronym referring to the economies of the Southern European countries of Portugal, Italy, Greece, and Spain and Ireland.

Juncker proposes to solidify this by removing veto rights from periphery members with:

“A group of Member States decides to cooperate much
closer on defence matters, making use of the existing
legal possibilities. This includes a strong common
research and industrial base, joint procurement, more
integrated capabilities and enhanced military readiness
for joint missions abroad.”

Conversely those hoping for a more democratic Europe with greater financial involvement in solutions to national health and housing crises perhaps having an equivalent to CAP(Common Agricultural Policy) with a CHP(Common Health Policy) will be disappointed.

“……..Conversely, the EU27 stops acting or does less in
domains where it is perceived as having more limited
added value, or as being unable to deliver on promises.
This includes areas such as regional development,
public health, or parts of employment and social
policy not directly related to the functioning of the
single market.”

This document was written by bankers for bankers perhaps by Goldman Sachs. Its main interest is security to defend its own interests.

It wants the EU to starve public finances under the ruse of a so-called Fiscal and Growth pact to take power away from democratically elected politicians, remove their powers to control national finances and their obligation to respond to the needs of people for health, education and roofs over their heads. This is written for bankers by bankers.

Its not of the people, for the people, by the people. Think of a small eurogroup in the EU commission handing down what its been told to do by bankers led by Mario Draghi, the ECB and Goldmann Sachs. Think of Mario Barroso former EU commissioner with his contacts taking up the mobile phone on behalf of Goldmann and calling up Juncker!

Reading this document the most Ireland is going to get out of the EU to solve its housing and A&E crisis is the use of the EU’s bathroom here, by way of comic relief:

Jean Claude Juncker has also suggested that EU member countries should give up their right to veto new tax laws.

https://www.theguardian.com/business/2017/jan/01/jean-claude-juncker-blocked-eu-curbs-on-tax-avoidance-cables-show

“The president of the European commission, Jean-Claude Juncker, spent years in his previous role as Luxembourg’s prime minister secretly blocking EU efforts to tackle tax avoidance by multinational corporations, leaked documents reveal.”

Juncker is behind EU proposals for CCCTB Common Consolidated Corporation Tax Base that will involve a large loss in revenue to the government. There is a proposal to tax technology companies and support for a Euro Finance Minister note below (won’t be funding a Common European Health Policy building a health infrastructure for member states).

It’s interesting that Europe’s share of global GDP is in sharp decline. Note EU27 includes UK 4% below so instead of 22% EU26 following Brexit will drop to 18%.

Brexit will provide opportunity for the UK to compete against the EU26 for a bigger global share of trade with the remaining 72% of global GDP.

Its trade will continue with the EU with the EU exposed more to the loss of a surplus trade balance with UK. To explore some of the full facts around this issue see here:

https://fullfact.org/europe/uk-eu-trade/

 

 

 

 

 

 

 

 

 

There is talk of a group of countries working together and agree on a common “Business Law Code” unifying corporate, commercial and related domains of law, helping businesses of all sizes to easily operate across borders. Think of them and us and a lurch to the centre.

There is nothing good in any of this for peripheral countries. Everywhere you look the veto and democratic involvement of peripheral countries is being under current proposals curtailed and reduced. This represents continuing erosion of democracy in Europe.

Embarrassed by growing centralisation with its drift towards totalitarian domination of the periphery europhiles are on the ropes defending the EU with ‘this will not get support’. Yet these proposals are in black and white given as where the EU is aiming to get to.

Banking union is not where EU missiles are aimed. This would put the inner core responsible for bills worked up by the ‘profligate’ periphery. Thinking banking union is on the cards for the EU is simply pie in the sky and nowhere is this mentioned in Juncker’s state of the union speech.

A eurowide insurance system to pay out when economic disaster befalls a member state is far from what inner core members of the EU want. There will not be a FED to bail out the EU’s Nevada.

In the following clip Jean Claude Juncker speaking of the EU, the future, peace. The irony is the flawed design of the euro is contrary to economic growth and political stability.

Note the answer to the question re Barroso and Goldman Sachs asked by the second young interviewer here (following 2016 State of Union speech). There is a need for a 10yr moratorium on members of parliament working for the banking industry.

Perhaps a banking union with transparency and accountability templates can be presented to the EU parliament at some point for discussion, but under present leadership dominated by France and Germany, this is unlikely.

More likely is the spider analogy with the periphery cocooned and prepared by the inner core ready for future consumption.

https://www.ft.com/content/9ca163e3-512f-37e7-866d-9e0774dd

Ireland’s future lies outside the model for EU conceived by Juncker. On Defence, on CCCTB, on diminishing democracy, due to proposals to prevent veto especially on tax matters. On centralisation drift vis a vis European Finance minister there is likely to be more consolidation into authoritarian and cohesive centralisation.

Consider Ireland’s danger to its sovereignty and diminishing status as a sovereign republic. The notion of 32 county unified republic in this EU is an affront to the principles of democracy.

Consider the disastrous trade loss by Ireland’s agri industry on top of the lack of competitiveness for Ireland’s exporters due to a lower sterling.

Our relationship with EU becomes increasingly similar to the relationship between a bank and a property owner with an overhanging default risk.

They want  the money and no way will they allow us any role in running the bank.

Our future lies outside the EU in a new relationship with NI and the UK hopefully with a 32 county NI and republic of Ireland that will future proof economic and social progress not harm progress already made in NI and Southern Ireland.

You need a new vision for that.

Politically on bailout our relationship with EU has been one of hapless indifference and incompetence as we wallow and swallow euro dreams that have long since turned sour.

Time to find a way out before things become a lot worse….but perhaps things have to get a lot worse before this message gets across.

 

…till again

 

 

 

 

 

 

 

 

Part 1

In her speech in support of Leo Varadkar in the Fine Gael leadership contest Frances Fitzgerald attacked so-called Fantasists on the left  derogating and deriding them with the terms Populist and Leftist.

What do these terms mean?

If you visit Ireland’s border regions with NI you’ll see any attempt to return to border posts of yore will be rejected by locals and the public at large in both communities.

The border through tariffs and delays will cost billions in lost revenue while the cost of servicing it through customs personnel and infrastructure has not yet even been estimated. Much less is known if the EU will contribute to its financing?

Government proposes a United Ireland solution in the hope the EU negotiations over Brexit will persuade the people of NI to join the south and remain in the EU.

Ireland would shift its EU border to Irish ports and borders in the UK. Such arrogant hubris is a contender for the most daft of fantasies.

Yet Fianna Fail, Sinn Fein and Fine Gael support this absurd notion that is both self-defeating and self contradicting. Erosion of democracy in Ireland has been compounded by the decreasing autonomy for Ireland under the Treaty Lisbon. This is a fantasy to peddle the notion of a 32 county sovereign and independent Ireland in the EU.

Clearly Sinn Fein and Fianna Fail and Fine Gael have some way to go in persuading the people of NI that whatever sovereignty they have as members of the UK, they should give it all up in favour of adopting the Sheriffs of Brussels to be their political masters. People of NI would have more independence in a jail.

http://www.irishtimes.com/opinion/what-are-the-legal-and-constitutional-implications-of-the-lisbon-treaty-1.737778

“.. After Lisbon our duties as citizens of the new Union would have prior claim over our duty of obedience and loyalty to the Irish Constitution and laws in any case of conflict between the two. This is because of the primacy of the constitution of the newly constituted EU over the Irish Constitution as laid down in the Amendment.

These are far from being minor “technical” changes.””

The very notion of a sovereign, ‘United Ireland’ under the flag of the EU is a contradiction.

Furthermore if Macron gets his way there will be federalism of the EU as it morphs into what Orwell foresaw as the coming dictatorship state amalgam of Franz Kafka’s ‘The Castle’ and the politburo bureaucracy of the USSR of recent renown.

Independence envisaged by United Ireland will be treated as bad, further absorption into the EU with its failed euro system, considered good.

If we are sincere about a United Ireland let’s lobby the UK and EU to help us bring it about the best United Ireland we can have.

This will mean UK and EU supporting a sovereign United Ireland OUTSIDE the EU.

In considering this argument perhaps the EU should remember the judgment of Solomon:

“”Give the baby to her, just don’t kill him!” The king declared the second woman the true mother, as a mother would even give up her baby if that was necessary to save its life.”

Giving up EU claim on Ireland in the wisdom of the disastrous impact of Brexit on these shores, supporting a new United Ireland outside the UK and EU, or amalgamated into the UK with greater powers of autonomy and self-government, would solve a great problem for people living together on these islands.

The Fantasy of United Ireland in the EU is demonstrated and perpetuated and propaganda built around it with no wish to hold a border poll to elicit support for this.

Perhaps remembering rejection by so many of Lisbon and Nice Treaties there is more appetite to be wary of democracy in favour of disenfranchising voters. This is evidence of further erosion of democracy in the EU.

Likewise there is not one word breathed regarding putting before the people a vote for Ireland to leave the EU and in a negotiated new Ireland join the UK in a new commonwealth arrangement mentioned above. This subject is considered taboo if it has been even thought about by political leadership.

Part 11

Regarding referenda to engage the people in choices about what could be a millstone around everyone’s neck, we were promised ‘New Politics’ based on consensus building following the last election.

However this has led to almost no work being carried out by the Dail in its last session.

Large decisions are sent into committees composed of members from different ideological and party affiliation where consensus doesn’t occur.

The Dail has become dysfunctional as a result with little or no legislation being brought forward. New Politics has become another fantasy with calls if this is the New Politics, please bring back the old politics.

We have instead a form of political theatre promising everything and achieving nothing.

In the background are the shades of the banking and financial industry calling the shots through its political mouthpiece held in tight rein by Ireland’s Economic Management Committee.

In the fifties in Ireland under an economically impoverished and challenged government vast housing estates were built around Ireland’s major cities to house a large movement​ of people from rural areas to cities.

Even the unemployed beginning new families were housed some in large corporation housing estates a form of social housing popular at the time.

Today if you propose public investment in similar residential housing structure  you will be labelled a Leftist and a Fantasist.

Want more fantasy?

An expensive recruitment campaign seeking to attract doctors, nurses and other health personnel back to work in the Irish health service has been a massive failure with only a handful responding over the past 2 years.

More?

Tens of thousands of jobs in the construction sector are planned over the coming years but the construction work force has been victim to collapse leading to emigration and now we have massive skills shortages.

Unable to provide affordable housing for People living here we are being fed the fairy tale construction workers enjoying better benefits abroad including housing will return to fall victim to our housing mess.

Today there are reports of whole families sleeping rough in public parks legislation to protect families from homeless favours single people while their plight is ignored.

More?

How about Ireland’s CSO(Central Statistics Office) calling a 25% approx increase in our budgetary surplus this referred to as cowboy economics from abroad.

Corporate tax receipts under pressure from the EU include the fantasy of Ireland’s governing party mounting a challenge in the European Court against Apple owing Ireland €13 bn…beggars belief.

The powers that be enjoy the belief they can make any of their fantastic fantasies reality.

With the aid of an obedient and compliant media with the discernment of  living  bacteria yet to be discovered on Mars, they make even common sense an object of Populist derision.

A highly secretive group such as Ireland’s economic management committee composed of a small number of representatives of the ruling party’s leadership ruled by the Troika and the European Commission have already scuppered investment in Ireland’s infrastructure including and especially that of social and residential housing.

Noonan refuses to stand up to the EU’s imposed rules on Fiscal Space!

Not much objective reasoning is given to examine or explain this in the media.

But you are a fantasist if you think present day government will build the property infrastructure required by the people.

Fiscal space as determined by the above entities is there to suffocate and tether Ireland’s ability as a sovereign nation to determine its own fate.

But it also maintains the status quo, its wastefulness, lack of investment and prudent management of the economy and current inequalities in our society between rich and poor.

It maintains the legions of bureaucrats and ineffectual politicians in the salary and comfort zone they have come to enjoy. There’s also the promise on retirement of further posts in Europe without possibility of the embarrassment of electoral failure.

Politicians have become mere choirboys of the EU pampered by high paying jobs​ with powers stolen from them by the EU.

We are instead governed by EU officials posing as politicians part of a pan European elite bureaucracy that serves the demands of the rich and seeks to extract as much austerity as possible upon the poor.

In simple terms this means the European Union and its Central Bank and European officials who authorise our national budget refuse permission for us to invest our pension funds, our NTMA borrowings, our proceeds from the sale of portion of AIB into construction projects similar to the above.

They’d rather we invest in reducing the debt burden inflicted on us to pay off debt ‘we owe’ to them for saving the bondholder banks of France and Germany! This debt was passed onto our shoulders by incompetent politicians with its chorus led by the EU.

Part 111

Let’s consider the word Populism. This term is especially corrosive in the way it undermines democracy itself and the will of the people.

It takes its meaning from the notion that there are underlying complexities and realities ordinary people are not capable of grasping. Instead Legions of committees at Commission level will determine for example what privately run Water Company we require to tax our water so government taxes won’t have to pay for it.

In the wings are legions of investors pressuring the EU to privatise public utilities to allow them invest their ill-gotten gains much of it money printed out of thin air and handed to them on a plate.

The casino of the financial paper private sector cannot wait for governments to divest their infrastructure to them to exact rich penalties on those who fall into the trap.

At the very highest level in the EU austerity driven policies prevent investment in transport, health and education and social services. Bailouts finance the funneling upward of rent and investment returns tax-free to the rich.

Part IV

Since 2008 investment returns on bonds, stocks and shares and property have quadrupled on foot of money printed out of thin air subsequently invested in financial paper and property by vulture funds and banks.

Today the value of stocks and shares is twice that of 2008 though economic activity fuelled by austerity and financial collapse is halved globally and heading downward.

Brexit hasn’t happened yet.

This is a paper driven financial dream fantasy fuelled by bespoke politicians charged with perpetuating this fantasy.

In order to perpetuate this fantasy pick pocketing the people and rewarding the unregulated rich growing wealthier by the day, political influence is essential

Regulating Fiscal Space and disempowering politicians is the business of the EU. Much as the Soviet USSR was governed and controlled by blindly devoted politicians Lucinda Creighton style politicians in love with the euro are used by Brussels to fan the flames of opposition to critical analysis.

The role of such politicians is to defend this financial elite within the EU, build confidence in its continuation and perpetuation and attack those who show up it’s absurd nature.

Unlike the declaration of independence of the united states and the Irish constitution all men are not created equal. Rather we are persuaded to believe there is a superior group of people who know better much as King Hammurabi described in his 1776 BC Code of Hammurabi ruling the Babylonian Empire.

These are the unelected officials of the vast EU bureaucracy that include political minions such as Frances Fitzgerald, Leo Varadkar and Simon Coveney.

We must assume given the disgraceful collapse of the case against Sean Fitzpatrick who led Anglo Irish Bank that the ODCE department of corporate enforcement, the Gardai and DPP that this SUPERIOR group of people is above the law protected at highest levels from regulation or legal control.

In housing, health and justice the reforms required to bring about a change in the political landscape might detune compliance and obedience to the status quo and the powers that be.

They might bring about political change and might even threaten Fiscal Space.

So nothing is done except the ludicrous and nefarious. Government tries to mirror the vast committee system of the EU.

Ludicrous policies built on fantasy of Public Private Partnerships are proposed in the construction of housing and residential property.

This is against the scenario that private developers know that most people cannot afford the absurd level of rent and property cost currently bubbling.

Part V

Little if any reform is possible. In our Justice Department, Frances Fitzgerald against the backdrop of political corruption meaning every position from inspector upwards is a political appointees; possibly criminal fraud in Templemore accountancy and fiscal rules; oppression and victimisation of whistleblowers; reports left gathering dust for over 2 years kicked into further inaction as they are laundered into further reports sent another 2 years into the future; no naming and shaming, no prosecutions for incompetence and worse,  cleaning up the police force of An Garda is the demand of populism?

The Troika, a tripartite committee formed by the European Commission, the European Central Bank and the International Monetary Fund (EC, ECB and IMF) still control Ireland’s finances for which spending approval is regularly sought.

In a recent poll, https://www.rte.ie/news/ireland/2017/0521/876875-poll-brexit-europe/, 82% of Irish repondents felt Irish politicians need to be tougher in their stance on Brexit.

One would be forgiven to mistake Michel Barnier visiting Ireland, invited to address Dail Eireann, an unelected politician, Europe’s lead negotiator on Brexit, to mistake him for a visiting head of state.

But this unelected politician has far more power than your average unelected head of state.

Likewise observing the current leadership race between Varadkar and Coveney evidenced in their abysmal failures in Health and Housing to solve the current crises in both, we can be comforted that the role of Irish Head of State in the EU could be carried out by any primary school schoolboy who knows how to do what he is told. Or can we?

Triumph was expressed in political circles persuading the EU that interests of Ireland would be attended to in the articles setting about the negotiation of the EU position on Brexit.

The European Peoples Party http://www.thejournal.ie/readme/fine-gael-fidesz-2204730-Jul2015/ make dubious bedfellows for Fine Gael.

Was it not a coincidence that a meeting of anti Brexiteers was held in Wicklow this May 17 http://www.seankelly.eu/news-and-events/496-kelly-hosts-epp-brexit-meeting-in-wicklow-

Strangely we had no visitors when we attempted to get support to burn bondholders.

Say NO to corrupt fantasy.

 

 

Till again….

 

https://en.wikipedia.org/wiki/Code_of_Hammurabi

https://www.rte.ie/news/2017/0511/874203-brexit/

http://www.thejournal.ie/shadow-banking-ireland-3-3375469-May2017/?utm_source=shortlink

 

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

Nepotism

April 6, 2017

Property prices in Ireland are rising substantially faster than wages and salaries. This is unsustainable. Prices today are beyond the reach of ordinary people.

The market today is sustained by shortages and vulture funds and wealthy relatives able to put up the €60000 their sons and daughters require to put up front to get onto the property ladder.

Compare to the 50’s in Ireland where housing estates around are major cities were built in poorer times. Those on an average industrial wage could afford a house.

Today the market is controlled by broken banks sabotaging the efforts of those trying to reduce prices through large building programmes.

If house prices come down, banks could crash as their unsustainable lending into the commercial, residential and buy to let market goes into negative equity.

Nevin Institute for Economic Research recently came to the sobering conclusion:

“Lack of access to affordable quality homes constitutes a significant crisis for workers, families and communities in the Republic of Ireland. Current Government plans appear to be insufficient to make a significant impact. Pressure and strain on individuals and families is a direct consequence of under-investment over many years as well as a failure on the part of a market-led and property developer-led model of housing to deliver enough houses to meet the demands of a growing population.  We propose a carefully planned programme to construct 70,000 new homes in addition to the existing stock of normally occupied housing in the Republic of Ireland. A key part of this plan is the putting in place of a European Cost Rental Model (ECRM) on lines already outlined by the National Economic and Social Council (NESC) and referred to in a recent report of the Oireachtas Committee on Housing and Homelessness.   The optimum solution, we propose, is the establishment of The Housing Company of Ireland which will draw on long-term borrowing combined with an equity injection from the Ireland Strategic Investment Fund and undertake or commission, on a commercial basis, a programme of planning, building, acquiring and renting of new homes.  This investment will supplement and further strengthen that of the Local Authorities as well as the voluntary housing associations in the area of social housing. The figure, below, summarises some of the key features of the ECRM.”

Have you seen the cranes going up recently in Dublin and Cork to build residential housing estates/apartment blocks…neither have I. Government inaction hopes to persuade private developers to get involved in delivering thousands of homes. This won’t happen as the banks to protect themselves will not loan into this market for 2 reasons, a) already mentioned above it will undermine current valuations of its lending stock b) people can’t afford the pricing. No matter how much the European investment bank get involved promising billions to Irish developers,the above 2 facts will not change. Unfortunately this makes Simon Coveney’s plans a ball of smoking  nonsense.

But remember the housing estates built around Dublin in the ’50s…..

http://www.nerinstitute.net/research/irelands-housing-emergency-time-for-a-game-changer/

The Water Framework Directive from Europe appears could be the political undoing of FF/FG coalition. The 20-member Joint Committee on the Future Funding of Domestic Water Services met today and will meet again next week to agree its final recommendations for the future funding of domestic water services.

The Water Framework Directive from Europe is a thinly disguised frame-up of the Irish people. Reckoned in excess of €8bn the cost of upgrading the Irish water infrastructure Europe has reckoned cannot be born by excessive exchequer borrowing and spending.

Unable to tax and spend through devaluation of our currency we are reined in by constrictive European Central Bank policies causing homelessness and the various crises we put up with.

The Irish Water super quango semi-state body received a subvention of €439 million in 2014 and is expected to receive €399 million and €479 million in 2015 and 2016 respectively. it’s not under the watchdog remit of the Dáil Public Accounts Committee.

IW leaks money everywhere duplicating work that could easily have continued under the aegis of local County Councils coordinated under the work of a single national committee.

Propaganda is hosed on the Irish public brainwashed to believe water charges, water meters, will curb excessive use.

95% of the excessive use is poor infrastructure with public water mains leaking into the ground, nothing to do with consumers. Are the older generation some challenged with the need to use more than the average amount of water consumption, to be levied with huge bills? Is it not simpler to ban hoses in gardens for cars and pavement washing?

This is but another reason for us to Irexit out of Europe about which there is growing support in the media, academic life, and politically.

http://www.irishtimes.com/news/politics/eirexit-could-ireland-follow-britain-out-of-the-eu-1.2864539

However little consideration so far has been given to the notion of Irexit. But Brexit is forcing Irish politics to come to grips with the implications of this move for Ireland socially, politically and economically.

http://oireachtasdebates.oireachtas.ie/debates%20authoring/debateswebpack.nsf/takes/dail2016102600024?opendocument

We don#t seem to realise Ireland is a parked car on a railway crossing with trains coming at us from both directions!

“Deputy Martin is quite right that while the challenges ahead are unknown, at least if we knew at this stage what Britain’s ask will be, we could focus on that. It seems as if the Prime Minister has made it clear that the UK does not seek any kind of Norwegian system or a Swiss system, but a bespoke British requirement. In the update she gave to the other leaders at the European Council meeting, she said she would like to see the exit process be professional and well-managed and said that would be of benefit to both Europe and to Britain. Obviously, there will be discussions and negotiation about that. I will arrange for a briefing for Deputies Martin and Adams and anybody else by the senior officials here, who will give the Deputies the details of what they have been discussing with permanent secretaries across the water. They cannot get into too much detail because the Government has not made its decision. As the weeks go on, arising from the civic dialogue and the North-South Ministerial Council, we will have a wealth of information on which we can begin to focus. However, really and truly, until the Prime Minister moves and triggers Article 50, we will not be in a position to say what the definitive position is of the British Government. President Juncker, President Tusk and everybody else have made it clear that there will not be any formal negotiation until that happens. Michel Barnier will be around to everybody in the meantime. The Minister of State, Deputy Dara Murphy, has been meeting all his counterparts. The Minister for Foreign Affairs and Trade, Deputy Flanagan, has the same requirement as all Ministers at a European level to make direct contact so that people understand in the first instance from a European perspective the importance of the peace process, the connections between Ireland and Britain and so on. I will see that Deputies Martin and Adams are briefed at the..”

Its hoped that the gradual implications of Brexit for Ireland, the threat against the €5bn agri exports, the threats against SME’s in Ireland selling into the UK perhaps considering moving there permanently to escape tariffs, the threat posed by the hard border, will gradually focus Irish minds onto an opportunity for national unity.

If Ireland were to leave Europe a new deal could unify northern and southern Ireland outside the EU. Through partnership with the UK a new commonwealth of nations Scotland, Ireland, Wales, England could defend Ireland’s interests more effectively than Ireland’s membership of the EU can do for the southern republic.

But Today propaganda from Europe assures us that we are part of a team of 27 nations in the EU and we are assured that Ireland’s interests in negotiations will be supported. Who believes that nonsense?

Where was everyone on the team when Noonan went looking for support to carry the European banks’ potential losses of €40bn.

We were asked to take one for the team.

Our obedient, compliant and subservient negotiators will also be asked to take one for the team on UK’s Brexit. To test my proposition, ask Europe who will pay (money) for setting up the Irish border controls required to police the EU?

Part11

An Garda Siochana

http://www.irishtimes.com/news/crime-and-law/senior-garda%C3%AD-welcome-inquiry-into-whistleblower-controversy-1.2987127

“Under the terms of reference,  which set out what the Commission can look into, Supreme Court Justice Peter Charleton will investigate two specific allegations, and exactly what former Commissioner Martin Callinan and Noirín O’Sullivan knew about them:

  • Firstly, the protected disclosure made by Superintendent David Taylor on 30 September 2016 in which he alleged he was instructed or directed by Callinan and/or Nóirín O’Sullivan (who was Deputy Commissioner at the time) to maliciously brief the media about Sergeant Maurice McCabe and encourage them to write negative stories about him
  • Secondly, Superintendent Taylor’s allegation that he was directed to draw journalists’ attention to an allegation of criminal misconduct made against McCabe.

The Commission will investigate any contact that took place between members of the gardaí and the media about these allegations.

The Commission will examine all mobile phone records from David Taylor, Martin Callinan and Noirín O’Sullivan between 1 July 2012 and 31 May 2014 to look for any records relating to the allegations. It will also examine all electronic and paper files relating to Maurice McCabe held by An Garda Síochána.

The inquiry will also examine whether Noirín O’Sullivan leaked a specific negative story about Maurice McCabe to RTE. The terms of reference state that the Commission will:

…investigate whether Commissioner O’Sullivan using briefing material prepared in Garda Headquarters, planned and orchestrated broadcasts on RTE on 9 May 2016, purporting to be a leaked account of the unpublished O’Higgins Commission Report, in which Sergeant McCabe was branded a liar and irresponsible.

Finally, the Commission will look at whether a meeting took place between Martin Callinan when he was Garda Commissioner and TD John Mc Guinness in the carpark of Bewley’s Hotel in Newlands Cross in Dublin on 24 January 2014, and if so why that meeting took place and what was discussed at it.

Tánaiste and Minister for Justice Frances Fitzgerald said this afternoon that the government will move to implement O’Neill’s recommendations in full.”

I listened recently to some Garda speaking out on RTE on nepotism in the Gardai. Many of these excellent Garda spoke of political appointments and nepotism, the practice of giving jobs to relatives and friends, within the ranks. It’s not what you know but who you know. Experience, training, further qualifications at postgraduate level, expertise unrewarded because you knew the local political apparatchik does not favour you.

Often the corrupt will weed out excellence as its seen as challenging incompetence.

Noirín O’Sullivan, herself a political appointment has done little to compensate whistleblowers for their bad treatment by management, which continues to this day.

https://www.rte.ie/news/2017/0214/852663-garda-whistleblower/

“In a statement earlier this evening, Garda Harrison, who is based in Donegal, said: “Having read the heartfelt statement of the McCabe family, we share their heartache.Keith Harrison, whistleblower “I was ambitious for my career as a member of An Garda Síochána but given what has happened to me these ambitions have long passed.
“I continue to have respect and admiration for so many of my colleagues, the rank and file members of An Garda Síochána who are some of the best people I have ever met and who work in extraordinarily difficult circumstances.  However, I have no confidence in senior management of An Garda Síochána because of their treatment of whistleblowers.
I am coming forward publicly in order to ensure that the age of a culture of management failure within An Garda Síochána with regards to their attitude to whistleblowers comes to an end.I did not become a whistleblower lightly, given the devastating effect it has had on our family. “Garda Harrison continues to be the victim of actions by senior management against him that continues to this day under the watch of O’Sullivan.”
“GARDA WHISTLEBLOWER Superintendent David Taylor was sent a letter this morning informing him an internal disciplinary investigation into his case is still underway… TheJournal.ie can reveal.”http://www.thejournal.ie/david-taylor-discipline-3282433-Mar2017/”
O Sullivan should step aside at least until she is cleared of any wrong doing in relation to whistleblowers. To date she has done little to support and reinstate their good name apart from a few self serving words to distance herself from any allegation of wrong doing.
The recommendations of the Patten Report should also be implemented in southern Ireland following an investigation in the light of recent revelations of serious performance shortcomings and potentially criminal alteration of statistical reporting along with other management issues within An Garda Siochana.This investigation should be independently conducted from outside An Garda Siochana preferably lead by an individual skilled in best standards in international policing.http://cain.ulst.ac.uk/issues/police/patten/recommend.htm

I’m sure any external investigation into An Garda Siochana would recommend awarding each of the whistleblowers the Scott medal for bravery.

till again……

 

 

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…

 

 

Ireland’s Berlin Wall

February 12, 2017

An Taoiseach Enda Kenny has met with Polish Prime Minister, Beata Szydlo. He got no support from Beata Szydlo in his quest for Ireland to be given special status in coming Brexit negotiations.

In his belief that Ireland must be imaginative re its response to Brexit, it might have been useful to visit Poland’s border with the Ukraine. Delays of up to 4 hours for border control for those travelling by train between both countries.

Depending on the purpose of visit,  the vehicle you are travelling in,  papers carried, security checks, crossing the border might take an hour or so; or you might need to join the lengthy kilometers long grid lock of vehicles that appears not to move at all and is worse than Calais.

Construction and manning of these border control check points perhaps Kenny might have an imaginative word …”former head of the European Commission’s customs procedures has told MPs. Michael Lux told the Northern Ireland Affairs Committee that customs controls on the Border will be unavoidable if the United Kingdom leaves the EU customs union after Brexit”(1)

Crossing the Polish border into Ukraine you have to pass through the Polish border then the Ukraine border. Smuggling of goods particularly cigarettes are big issues. Perhaps Poland’s refusal to accept refugees is also an issue.

If Kenny is soft on the border between Northern Ireland and Southern Ireland could Ireland become a mecca for refugees fleeing Calais. Border patrols on our coastline would have to be stepped up to combat people smuggling and a growing refugee crisis in Southern Ireland may require special European funding arrangements.

People smugglers may resort to parachuting in their delivery of human cargo by night.

By day boats ill-suited to Mediterranean waters may navigate dangerous waters hoping to reach Southern Ireland before crossing over to Northern Ireland.

It would appear inevitable that a wall will need to be built.border-fence-cartoon

The cost of this wall could be astronomical. Much resentment would be felt by many pointing to our…. housing and homelessness crisis.

Walls have a habit of keeping people in as well as keeping people out. At current rates and if further devaluations occur brought about to make the UK economy even more competitive, the thousands travelling north on an hourly basis to stock up on lower price goods, could be delayed at the border, then further delayed on way back to process import duties and other checks….

2. Currently about one out of every 4 litres of milk consumed in the south comes from Northern Ireland amounting to over 600 million litres per year.

That’s a lot of trucks requiring paperwork sensitive to any delay or waiting game.

“IFA chief economist Rowena Dwyer broke down Ireland’s relationship with the UK in numbers at the IFA’s briefing on Brexit recently. 50% of Ireland’s total beef exports goes to the UK, followed by one-third of our total dairy exports. With the UK leaving the EU, a drop in Irish exports of between €150m to €800m can be expected.”(3)

With the collateral damage of border controls I believe the figures above are vastly understated. But it’s not only border controls at Norther Ireland its border controls at points of embarkation/demarcation between Ireland and the UK in general border crossing points both at land and sea.

Currently within the Irish media or at a political level in spite of the abjuration of Enda Kenny there is no imaginative or otherwise setting down of the precise implications of Brexit. A small group led by Kenny himself is handling Brexit.

We’ve had a cabinet setting up of an all-Ireland dialogue on Brexit but nothing concrete has emerged. Its imagined that Kenny is visiting fellow EU leaders to drum up support for Ireland’s special position in regard to Brexit.

But perhaps no one apart from Kenny knows what Ireland’s special position on Brexit amounts to? Is Kenny asking that a standing army of customs officials, construction companies, be provided by the EMU to police Ireland’s new borders with the UK, for free?

 

On the face of there are no plans other than to bury the head in the sand and hope for the best. Kenny is about to bow out of politics so the fall out wont effect him much, but it will affect the rest of us.

So let’s answer Kenny’s call for us to be imaginative. Let’s demand answers that put down on the table what exactly will happen with Brexit and what the fallout will be for each Mary and Joe citizen living on this island.

The only way to effectively do this is to call a referendum on IRexit to give each citizen in the Republic a vote on whether to stay in the EU or leave. There are profound implications which should force the facts to the surface and allow each citizen to make their choice.

One imaginative solution if Irexit was chosen would be to consider the Cyrpus situation. Turkish occupation of northern Cyprus has been an issue since 1974. In recent years the following proposed solution is emerging:

“The UN plan for settlement (Annan Plan)

'Sorry! I've changed my mind.'

‘Sorry! I’ve changed my mind.’

Under the final proposals, the Republic of Cyprus would become the United Cyprus Republic. It would be a loose federation composed of two component states. The northern Turkish Cypriot constituent state would encompass about 28.5% of the island, the southern Greek Cypriot constituent state would be made up of the remaining 71.5%. Each part would have had its own parliament. There would also be a bicameral parliament on the federal level. In the Chamber of Deputies, the Turkish Cypriots would have 25% of the seats. (While no accurate figures are currently available, the split between the two communities at independence in 1960 was approximately 80:20 in favour of the Greek Cypriots.) The Senate would consist of equal parts of members of each ethnic group. Executive power would be vested in a presidential council. The chairmanship of this council would rotate between the communities. Each community would also have the right to veto all legislation”

The US, the UN, UK and IR have all had deep involvement in finding solution for the conflict in Northern Ireland.

One solution would be for this island instead of building walls to adopt a solution along similar lines to the Annan Plan above. Ireland would form itself into a loose confederacy of states with Scotland, Wales and England operating under a similar umbrella of trade, legal, constitutional and social. Instead of this island being the Irish Republic, it would change to The United Ireland Republic.

Surely the above road is better than a road that promises imminent collapse of our banks, destruction of our social services, ruination of our agri industry, all to make this a smugglers paradise or Pirate Island for foolish politicians…..

Postscript

There needs to be a criminal investigation led by an external police authority outside this country to pursue those who engineered and executed the dirty tricks campaign mounted against whistle blowers including Garda McCable that has lasted for many years corrosively in An Garda Siochana covered up with inaction from the Department of Justice and now spread to other state organisations.

The handling of the above by this Fine Gael led governent rivals the incoherent way it has approached and currently prepares for Brexit. There is no reason to assume the incoherent opposition led by FF will in any way improve on matters.

 

Till again…………….

 

  1.  http://www.irishtimes.com/news/politics/may-s-border-promises-are-nice-words-says-ex-eu-customs-head-1.2959694
  2. http://www.agriland.ie/farming-news/ireland-set-to-import-record-levels-of-milk-in-2015/
  3. http://www.farmersjournal.ie/implications-for-irish-agriculture-if-british-cast-a-brexit-ballot-212787
  4. http://www.irishtimes.com/news/politics/cabinet-sets-up-all-ireland-group-to-prepare-for-brexit-1.2816034

The Rental Strategy Circus

December 15, 2016

three-little-pigs6http://www.thejournal.ie/talks-breakdown-rents-3140799-Dec2016/

“…These were the proposed 4% yearly cap yearly rental raises, more tax incentives to be introduced for landlords, and designating more areas as ’rent pressure zones’ where the caps will apply.

I realise, dear reader, the above may seem absurd in the following context:

There has been a massive rise in rental costs of accommodation leading to the current housing crisis including homelessness. In addition to the massive costs of house prices, young people wishing to start a family in recent years have been burdened with excessive rental accommodation costs further eroding their ability to save for a mortgage.

Flying in the face of arguments from government favouring an approach to incentivising a massive nationwide building programme from the private sector led by developers and private investors the above measures appear feeble in the extreme. The only argument between FF and FG would appear to rest on the question of extending these feeble measure further across the country.

Few will be able to afford the absurd purchase costs of new builds without the cost of new builds dramatically coming down.

The above measures ironically amount to protecting the interests of landlords at the expense of tenants.

Measures such as passing legislation even interim 5yr emergency legislation requiring owners of all vacant houses to offer their properties for rent with government incentives to do this,  NOT on the table.

Large scale emergency apartment builds on government land in urban areas, NOT on the table.

Scaled taxation weighted against area based rental cost calculating excessive loading by landlords exploiting tenants, NOT on the table.

A European system eg Germany with local property development committees determining and fixing the cost of building, the quality of building, the cost of leasing and renting, NOT on the table.

In the past few years since 2014 profits for the private rental sector have risen to between 2 and 3 billion euros per annum.

Profits have mostly been pocketed by the banks.

They propose the sector continue to eat cake albeit with a little less jam confined to 4% increases way in excess of rises in the cost of living index. The profits include profit after maintenance and capital appreciation costs are taken into account.

http://www.thejournal.ie/houses-empty-around-the-country-2783895-May2016/

But is there any sense to the Coveney/Cowen Rental Strategy Circus?

Consider the following:

files.nesc.ie/nesc_reports/en/141_Irelands_Rental_Sector_Background.pdf

Mortgage Finance
For a new  investor who uses  a mortgage  to buy a rental property
the  larger share of rental income will be absorbed by debt repayments.
An  example  is  presented  in  Table  3  of  an  investor  in  North  Dublin  City  using  a  70 percent mortgage (the maximum permitted by the new Central Bank guidelines) to buy a two bed rental property; the mortgage term is 25 years. This yields a modest after tax profit before  capital repayments.  When capital repayments are included the annual cash flow is negative; i.e., the
initial rental income would not cover all of the  mortgage  repayments.    This  may  still  be  a  worthwhile  long term  investment since the  investor  is  accumulating  equity  over  time and  rental  income  can  be expected  to  increase.    The  larger  part  of  the  mortgage  repayments is
covered  by rental  income  while  there  is  also  the  prospect  of  some  capital  appreciation.   After 25 years, the mortgage would be repaid.  If asset prices were to rise by an average of  3  per  cent  annually,  at  that  stage  the  investor  would  have  an  asset  with  a nominal value of almost €450,000.
Interest  rates  have  a  significant  influence  on  the  returns  achieved  by  an  investor using a mortgage.  The average interest rate for first time buyers in Ireland is higher than  the  average  interest  rate  on  new  mortgages  in  the  euro  area.    If  BTL  interest rates  were  two  percentage  points  lower
,  then the  cash flow  on  new  investments would  be  positive.    On  the  other  hand, lower  interest  rates  would  also  increase house prices and thus reduce rental yields.”

The key point to grasp in the above, dear reader, is the cost of the mortgage and crucially the cost of property.

In a fragile recovery with our banks still teetering on the brink, many of its customers with huge loans invested in Buy To Let properties, getting  return on those investments is critical for banks to expect to have their loans repaid.

A dysfunctional property market occurs in a situation where banks themselves depend on a property price bubble to give then a return on their investment into lending into the property sector. Allowing the banks and private sector to set the agenda in this scenario is akin to placing the fox in charge of the chickens.

Instead of bursting the housing bubble it is in the short term interest of the banking sector to create this bubble.

Not only is our property market broken but our economy itself is being sucked dry of economic activity that would otherwise inject volatility into local business interests.

Not only is our economy  sucked dry of jobs in the construction sector but the distribution of wealth into the economy as a consequence is instead appropriated by landlords deep in debt to our banks.

Keeping that bubble going instead of taking some of the steps  outlined earlier appears to be the business of Messers Coveney and Cowen representatives of a dysfunctional politics with no longer the public good at its heart.

Instead they blindly oblige their so-called independent advisors controlled by banks and the profiteering private sector who lead them by the nose into an absurd Circus dealing with rental strategy nothing less than an embarrassment.

Cowen and Coveney in the present politically dysfunctional environment of New Politics would not even qualify in the middle of Winter to be put in charge of a vegetable shop situated in a field of turnips charged with the management of a shortage of turnips.

Nothing short of a public housing programme led by local authorities and capitalised by government is required.

But that might lower house prices and lower rental income and the banks might not get their money back!

In the face of a list of such growing absurdities a 32 county Ireland IRExit in an economic union with Scotland, Wales, UK and possibly Norway does appear to be more attractive.

But Mr Noonan wont even enter into bilateral talks with the UK over Brexit. He leaves this to his puppet masters in Brussels who will dictate the terms of Brexit, end Ireland’s corporation tax independence, impose inter trade tariffs and conditions between Ireland and its largest trading partner, restrict movement on Irish people travelling to the UK!

While Enda Kenny and his compliant and obedient sailors navigate Ireland’s economy over the waterfall.

Postscript:

Legislation to provide for 4% rental increase so poorly drafted members of the opposition pointed out it provided for 8% increase. Its being redacted and redrafted today 16.11.16.

Would it be possible to have an audit of all Dail deputies with a role in the above legislation to assess how much they may be compromised by the fact that they are landlords many holding substantial holdings of property in Ireland? I don’t think so.

They’ve just given themselves their Xmas bonus and are ready to head home on holidays again after making sure their cake has cream on it and at least 4% of jam.

 

 

 

till again

Pariah Apple Pie

September 1, 2016

cartoon-business-man-being-hit-with-extra-taxes-and-carrying-a-money-bag-by-ron-leishman-1322Just listened to Tim Cook, Apple CEO, on Morning Ireland state: while he is in favour of changing and simplifying the tax laws, any retroactive finding against Apple’s tax affairs is politically motivated and unfair.

We’ll look at European Competition Rules shortly to agree or not both Ireland and Apple were in breach of the ruling to provide illegal state aid to Apple by way of a sweet tax deal.

Firstly, by way of an intro lets put away the frequent political canard that FDI investment in Ireland is volatile and at the first whiff of danger Apple and its fellow MNC’s will flee our shores.

We have a relatively stable political climate in Ireland. The island itself is easily defended and safer from foreign terrorists than other countries in Europe. Our climate is cool, conducive to the setup and maintenance of large data centres.

Most MNC’s have worldwide exports and we have airlines. Our population is relatively well-educated though on its present course it is falling behind. Relations between Ireland and parent MNC countries is good.

But Tim Cooke knows the cat is out of the bag. Ireland through its IFSC services has been operating as a tax haven for years offering off the shelf deals with a nod and wink to Enterprise Ireland and FDI has flooded to Ireland to avail of these tax breaks.

Such tax breaks are morally corrupt and illegal and represent unfair advantage given to companies operating in Ireland such as Apple.

I will not delve into but instead point out there is a need to examine the constitutionality of the tax laws that operate in this state Provisional Collection of Taxes Act 1927 (‘the 1927 Act’) and the Irish Constitution. For example. the following paper:

http://www.taxandlegal.ie/ITRSept2009.pdf examines the legality of retrospective collection of taxes eg property taxes.

Be that as it may the sweet deal provided to Apple and how it fundamentally assists in the avoidance of fair taxes locally and for example in MNC parent countries eg USA needs examination as to whether such practices a=) contravene the rights to fair collection of taxes of the Irish people  as set out in the Irish Constitution b=) contravene the constitutional rights of other taxpayers in other jurisdictions.

This matter has wider implications than those raised by European Competition Authority rules. We are considering here no taxes for the 1% and taxes for the 99%.

The great edifice of international tax rules has been carefully scaffolded  through armies of lobbyists and legal eagles to carefully construct non-payment of taxes by MNC’s.

This scaffolding has been built and funded mainly by those seeking unfair advantage and profitable benefit for the financial interests  they represent. This does not include the interests of taxpayers.

Readers of this blog will know my position supporting IRexit in support of Brexit( see last blog ) and I fundamentally disagree with the Orwellian powers given to TFEU the Treaty on the Functioning of the Union eg:

“Article 3 1.The Union shall have exclusive competence in the following areas:

(a) customs union;

(b) the establishing of the competition rules necessary for the functioning of the internal market;

(c) monetary policy for the Member States whose currency is the euro;

(d) the conservation of marine biological resources under the common fisheries policy;

(e) common commercial policy”

http://ec.europa.eu/competition/antitrust/legislation/handbook_vol_1_en.pdf

Realising how little our politicians know about managing our finances under such rules perhaps aided by our so-called economic management committee excluding such matters from both political and public perusal  it comes as no surprise politicians deliberating on our response to findings against Ireland and Apple should want to defer decision until this coming Friday to give themselves time to inform themselves.

It’s surprising Michael Noonan should wish to squander public money in appealing this long deferred ruling by the European Commission against Ireland. Its surprising compared to the paralysed silence of Irish politicians in objecting to the odious terms of our financial bailout. The IMF had more objection to the terms of our bailout than local politicians. Its surprising given the support of the Irish government for Europe.

But then considering the incompetence involved in such an ill judged decision its of no surprise. The decision will consolidate Ireland’s reputation an an international tax haven pariah.

So I could take the view this is just another example of Michael Noonan’s compliant and obedient servility to the rules of gross incompetent obedience to demands made by shadowy financial sector powers in handling our financial affairs.

On the other hand, I might take the view that the Irish government is slowly waking up to the fact that it is in the belly of a boa constrictor when it comes to Europe. Noonan’s ardour for Europe is dampening somewhat.

See article 3.1.

  1. Europe is flexing its muscle establishing it alone has the right to establish european wide competition rules.
  2. Europe can dictate Ireland’s monetary policy.
  3. Conservation of marine resources…we know what we’ve lost there
  4. Common commercial policy (do the bidding of the large group of financial lobbyists that control the EU)

Basically the sooner Minister Noonan goes the better. His bailout negotiations were a dismal failure culminating in usurious and uxorious repayment terms to Ireland. Only mitigated when it was noticed terms given to Ireland were a lot worse than those negotiated with Portugal and Greece.

Now with the latest Apple debacle he wants to challenge using taxpayers money the finding of approx €13bn underpayment in tax to Ireland in a sweetheart deal that fleeces taxpayers across the world.

http://europa.eu/rapid/press-release_IP-16-2923_en.htm

Mr Noonan instead of bowing to the inevitable is bowing to the dictates of an international tax pariah system fleecing taxpayers across the world, of which he has made the Irish government a lynchpin and tax haven cog.

He has made this country look ridiculous and ludicrous in his efforts to return a potential windfall of €19bn to Apple.

Think of this. Given the level of control of our economy in 3.1 above do we need our large Dáil with all its deputies and the cost of their pensions and salaries with powers given to them that are but toothless window dressing?

We’ve had enough of fiscal rules eg extortionate bailout;  Irish Water served up with homelessness;  extortionate rent serfdom to our young people.

Now the new mission of safe return of €19bn of Irish tax payers money to Apple?

Please support IRexit.

 

Postscript

The Dáil is due to debate the Commission ruling on Apple today 07.09.16. A defence bulwark in support of appealing the decision is the claim that the Revenue deal on Apple was not selective, other companies could avail of this.

Lets leave aside the investigation if this was/is true for other companies operating in Ireland, surely the whole point of the Commission ruling from a competition perspective is that inter alia Ireland being a member of the EU with EU law taking precedent over Ireland’s laws, we are in breach of European Competition rules that affect taxation policy.

It’s ludicrous to propose as a defence the right of Ireland as a sovereign nation to invite companies such as Apple into Ireland with sweetheart deals that put other European nations at a competitive disadvantage.

Over here, over here, don’t waste your tax dollars in other European countries we can recycle your profits so you pay no taxes due anywhere!! If the government doesn’t like these rules it needs to leave the EU and support IRexit as I do.

Otherwise, stop wasting Irish tax revenues on a Fool’s errand that will make us the laughing stock of the world, put us in direct conflict with a ruling supported by 28 EU commissioners and the EU itself. Its asking that we get rubber stamped as a tax haven, a Corporation Tax Global Recycling dump,  to help MNC’s  avoid fair taxes owed to the taxpayers of the world who need healthcare and education politicians are failing to provide.

 

till again

 

The housing report finally came out. Its added to my disillusionment with politics in Ireland that appears to be in a state of paralysis in dealing with economic and social problems.

There are 2 problems that more than any other describe the housing shortage supply in Ireland. One is lack of supply which feeds into the other problem: the other is the prohibitive cost of new homes that prevents young people having any hope of getting onto the housing ladder.

The report only refers to the vague suggestion of ‘speaking with agencies’ eg NTMA above. This means the report is holed below the water line. It does not provide a concrete solution to the prohibitive cost of housing for young people beginning families.

In a previous generation housing was affordable and a first house could be got with 1 and a half times the combined salaries of the couple asking for a mortgage. The cost of an average home far exceeds the abilities of the average industrial wage to get equity against it.

So the major part of any housing report should address this problem instead the report glosses over the problem. Furthermore we are told that the EU fiscal straight jacket imposed on Ireland means we cannot invest in housing on balance sheet and stay within EU imposed fiscal rules.

It gets worse. instead of embarking on a large-scale public housing programme procuring land, services and planning permission for large-scale development as we did in the past, the EU straight jacket requires Coveney to come up with inventive ways to bypass these rules.

So Coveney has come up with the idea that private sector development will be the way to go to reach his target numbers of new house builds. Now, wait, think of this for a moment.

Suppose you are a local builder with a plan to build a small estate of say 50 homes somewhere in one of Dublin’s suburbs.

You have the planning permission, services already in place, land purchased, ready to go, the only thing stopping you, according to Coveney, is finance; so perhaps Coveney from his €5bn will lend you the money as the banks won’t give it to you.

The Construction Federation of Ireland:

“Speaking at a CIF event in Dublin yesterday, Micheal Mahon of the Society of Chartered Surveyors said that his research showed a three-bedroom family home cost about €318,000 to build including a 15pc profit margin. That places those homes well above the estimated limit for most first-time buyers of €280,000 to €300,000.”

Amazingly there are no plans to reduce vat on new homes! Coveney will build these homes for €250,000 but cannot tell us how this will be done?

<div class=”ctx_content”>
CIF director Hubert Fitzpatrick said the shortage of new homes had long passed crisis point.

“Due to the cost of construction, many Irish homebuilders are finding residential development unviable.

“In many parts of the country, the cost of construction is so high relative to asking prices of existing houses they would be building at a loss. As a result, housebuilding activity outside the greater Dublin Area is stalled,” he said.”

http://www.independent.ie/business/personal-finance/property-mortgages/cost-of-building-houses-worsening-crisis-cif-34624889.html

So back to our local builder. Unless he is a fool he will not be lured by Coveney’s cheap money to build homes that no one can afford due to their high cost.

Coveney’s report is silent on reducing the high cost of home building so let’s call his report a dud!

Its a DUD report! Nothing but a shambolic aspirational mess.

Lets add to our disillusionment!

http://www.cso.ie/en/releasesandpublications/er/nie/nationalincomeandexpenditureannualresults2015/

CSO have just released a report stating that our GDP growth levels are at 26% incredible levels! On the face of it we should be sending in the gardai to investigate the Central Statistics Office as based on their statistics using formulae supplied to them by Eurostat it turns out because of the increase in GDP we have to contribute an extra €280,000,000 euro as contribution to EU funding.

I kid you not, beset with homelessness for up to 6000 of our citizens, hospitals bulging at the seams with trollies for A&amp;E patients and waiting lists for years, the EU wants another €280ml from us.

If you are part of the group think “Think Tank” describing Ireland’s GDP growth levels as incredible 26% everything is hunky dory  you should not be reading this as I’m one of that vast group that belong to those disillusioned with politics.

“So we seem to have had two big distortions in our GDP growth figures. The first was the deprecation of assets moved to Ireland. And the second was the jump in exports from contract manufacturing and tax inversions.”

There is a dearth of precise detail in the CSO figures but for sure they evidence scamming of tax payers across the world through smoke and mirrors accountancy tricks and tax avoidance loopholes that move massive corporate pockets through mail box companies set up in the IFSC for this purpose alone.

For example, through tax loopholes in the US profits can re relayed through an offshore mailbox company setup in Ireland by an American company and suddenly all its profits are tax free.

I would suggest the sudden rise in this activity is accelerated through the alarm caused by the declared intent of US politicians in congress and in the senate and including those going for election to stamp out these loopholes. These scams are being exploited before the guillotine falls and the US legislates against corporate inversions and similar scams.

lameDuck

Political Irony Inversions

The irony is the longer Taoiseach Enda Kenny stays the closer to the end he gets and the more unstable his government becomes. Inevitably the more damage Kenny does to Fine Gael’s credibility with the opposition and the public.

FF can sit back and enjoy the growing chaos. Meanwhile we can enjoy the spectacle of this charade as lame ducks fail to oust the chief lame duck.

But there appears to be method to the madness.

Frances Fitzgerald becoming de facto heiress apparent to the incumbent house of cards.

This seen in the appointment of James Reilly as deputy head of Fine Gael. He rides the crest of a wave losing his seat with Don Quixote like precision tilting at windmills  winding us up with fantasies of universal health care.

At the same time hospital trollies answer hospital waiting lists as Irish doctors and nurses flee the HSE while many refuse to join the wasteful and absurd call to the under 6’s to clog up GP waiting rooms .

I guess O Reilly’s job will be to drum up some support for Fitzgerald.

Its a clear case of Kenny’s Shakespearean hubris manifested in a poor amateur drama parade  of Bruton, Varadkar and O Reilly divertingly defending Kenny’s over reaching stay in office.

According to them the emperor is clothed in expertise, leadership qualities, the success of the Irish economy, lowering unemployment, white knight of Dublin’s north inner city: Not!

Those disillusioned with politics see beneath sham falsified unemployment figures based on zero hour part time contracts, growing taxes and charges driven by austerity with plans for more debt extraction to burden the young with the cost of so-called free education!

Europe is dragging this country down itself in severe decline with banks across the EU on the threshold of failure  long term Japanese deflation  best that can be hoped for.

Enda should go immediately. The longer he stays the more lasting damage he will do to Fine Gael. Some argue the longer he stays the better!

Curiously Kenny’s relationships with fellow European leaders built on accepting on Ireland’s shoulders 42% of what otherwise would be banking losses for French Santander and German Deutchbank and other European and US banks is touted as a plus.

Folks, he would have a bad relationship with them if he had succeeded in gaining anything but a refusal from even daring to ask for a burden sharing debt write down. But he’s loved for his obediently, jovial compliance and foolish smiles and incurious obedience.

That is what is being offered to us voters with Enda Kenny whose political demise appears to be as difficult to wrestle from his drowning grip as is democracy from Mugabi in Uganda.

Actually,  you can  plot it for a poor amateur drama production, its pretty simple to ‘make it up’.

Consider the following scenario with ‘lost his seat’ James Reilly, the party still reeling from election results no doubt due in part to his misjudged anachronistic and ironic call for universal health care for all with the irony of hospital waiting lists at an all time high.

Perhaps an audit of O Reilly’s property portfolio and that of all members of FG/LB in the last coalition may have thrown some light on the absence of regulation to prevent rents rising to an all time high,  lets not digress.

Reappointment of Reilly to the role of Tanaiste with a  role to talk to FG politicians around the country to reinvigorate the party is his mandate.

His close connection to Enda Kenny and his political proximity to Frances Fitzgerald would appear to make sense if he is meant by Enda Kenny to back Frances Fitzgerald as Enda’s heir apparent.

Frances Fitzgerald hasn’t been that highly visible in defense of Kenny, has she? So the plot thickens. The more time passes the more unstable Fine Gael becomes. This must be both tragic and comic.

This injects Bruton’s and Varadkar’s support for lame duck government by Enda Kenny with all the more ennui and mirth, but we’ll have to wait and see if such a plan pans out.

Just as we’ll have to wait and see if Simon Coveney rises to the task of reducing the cost of new house builds and actually builds a house that isn’t built on pyrite, mica and sand.

Meanwhile those disillusioned with such political manoeuverings look around at alternatives? Sinn Fein with its all Ireland machiavellian associations now wedded to remaining in Europe? What ludicrousness? Waffle Fianna Fail masters of the political uturn? No? Brechtian silence from Shane Ross bought off to unify and give stability to Fine Gael? What an unbroken horizon of despair?

Now supposedly independent but de facto state agencies like the Central Statistics Office in Orwellian Up is Down fashion cheer on government propaganda with leprechaun economics telling us:

““I’m not going to stand up and say the economy grew by 26 percent,” Power, an independent economist, said after the release. “It’s meaningless — we would be laughing” if these numbers came out of China, he said.”

http://www.bloomberg.com/news/articles/2016-07-12/ireland-s-economy-grows-26-as-u-s-companies-chase-lower-taxes

But wait there is hope on the horizon:

http://www.irishexaminer.com/ireland/angry-fine-gael-tds-question-enda-kennys-leadership-408942.html

There are those out there willing to say the emperor has no clothes on. So called recovery is a sham.

Homelessness, water charges, property charges, rent serfdom, calls to make students through loans pay for their education; young teachers and guards forced to take lower pay scales than their older colleagues, charity regulations in a mess, NAMA in an even bigger mess, our main trading partner rightly leaving the EU with enlightened Brexit, hospital waiting lists.

Yes there are those disillusioned with politics with their ears to the ground who don’t buy into the mantra pretence of success but who see through the shambolic and self serving politics of delusion led by those who would spread their delusions among us.

Brexit brings with it opportunity to join with those on these islands looking to bring reality back into politics, to discover a new and fairer world.

Irexit needs to be put before the Irish public as an option to escape the straight jacket of Europe and to reform relationships with NI and UK in new political and trade agreements.

A new alliance with greater independence for Scotland, an all Ireland 32 county political and trade based unified government, Wales and UK with greater ties than before and greater respect for independent voices could release these islands from the disaster that the EU has become.

The alternative is a glove puppet government wedded to its decline and the decline of Europe.

http://www.cso.ie/en/releasesandpublications/er/nie/nationalincomeandexpenditureannualresults2015/

http://www.thejournal.ie/housing-plan-coveney-2885156-Jul2016/

 

till again