there were pensioners at their wits end because they did not know where the next meal was goiing to come from..
I find this hard to believe as the typical State pension is 200+ per week.
Hear the link hope it opens for you, you will that there are a lot of pensioners on fixed incomes.
http://www.askaboutmoney.com/showthread.php?t=139477&highlight=vincent+st+paul
If the Govt can't sort it out, then it is likely that the EU will step in (for political reasons, EU would not want IMF to have to enter a Euro country). Nevertheless the cuts will be savage and they will also use it to end our low corp tax rates. Long term that will be a disaster and will take decades to recover, if at all..
A ten per cen tax on the 14 Quadrillion dollar annual market in derivatives should soften their coughs and re-finance the governments.
Well just search for case studies on IMF interventions in the past..my reading of them wouldnt indicate a great outcome for the countries..But if they did come in and 'fire' half of all public servants(which mainly constitutes Guards,Teachers and Nurses/HealthCare Staff) I dont think that would be good for anyone..Only the super rich would escape unscathed if they came in I think..They could afford personal security to replace the guards,Send their kids to private schools and pay for their private healthcare or go abroad for it !!
Cant understand those calling for the IMF to come in.
It seems to be based on a vindictiveness towards the public service from what I read into it, which is silly, cos if the IMF come in here, no-one will touch Ireland with a barge pole and the country will go back decades.
Making our own painful cuts is best
We need to develop products for export at a competitive rate and we need a serious overhaul and revised taxation of the capitalist systems and in particular the over the counter trading engaged in by the banks.
A ten per cen tax on the 14 Quadrillion dollar annual market in derivatives should soften their coughs and re-finance the governments.
ONQ.
...
it's over, bring in the IMF and lets take our punishment for having elected the "cutest most cuning of them all" on 3 seperate occasions and get a new system in place to prevent this happening again.............
Roger
There are lots of people blaming 'the system' to avoid their own guilt. Put the blame where it rightfully resides - with a generation of Fianna Fail led governments.Hi, I started this thread 18 months ago because I thought we were in a dangerous situation and the lack of leadership in government was patently obvious as there was no ability to make the hard decisions necessary.
18 months later sadly the situation is a lot worse, the currrent Taoiseach having to apologose for being "hoarse" after an FF gig in Galway, the previous incumbent hiding in cupboards for tabloid papers after "winning all that money on the horses" and the current Minister for Finance telling us we had turned the corner last December (must have been a 360 degree corner!).
So now we have SIPTU handing back most of the junket slush fund, all the lads who transferred properties to their Mrs(s) pre NAMA apparently were cute hoors and hypocrites like Gormley get the DART to Dun Laoghaire while the limo waits to picks them up in Holyhead en route to the Dorchester. This at a time when he is happy to expose us to huge claims by Covanta for not facilitating the commissioning of the incinerator purely because its in his patch - meanwhile we are happy to use other countries incinerators ....so much for principle!
Meanwhile we continue to borrow like there is no tomorrow.....an the IMF looks like an increasingly attractive option (note to self......should have set up that party in 2009!!!). All this bull about about consensus.....what's all that about......we have a huge democratic deficit in this country, the system is broken forever. Politicians who get elected have 1 agenda - to get re-elected and everything iss doone in that context. Trade Unions who represent about 10% of the population don't give a toss about the other 90% of the population. People who don't perform in the political / public sector are protected or worst case receive crazy payoffs.
It's over 2 years now since the 2 Brians bet €120,000 on behalf of every man, woman and child with the guarantees. Now they are borrowing an extra €120 per week for every man woman and child. Did anyone get to vote for these kind of policies? They signed the Croke Park agreement with their buddies...no compulsory redundancies and not more pay cuts for 4 years - what a joke! How the hell can these people make these outrageous committments without having to go to the country.....
it's over, bring in the IMF and lets take our punishment for having elected the "cutest most cuning of them all" on 3 seperate occasions and get a new system in place to prevent this happening again.............
There are lots of people blaming 'the system' to avoid their own guilt. Put the blame where it rightfully resides - with a generation of Fianna Fail led governments.