Posted in Tax on May 31st, 2012 No Comments »
Richard Murphy | Towards a New Tax Consensus
The following excerpt is from the Executive summary of a paper on Tax Reform written by Tax Justice advocate Richard Murphy and published by a new UK leftwing think tank, Class: Centre of Labour and Social Studies, which was set up by Unite in the UK, the GMB and […]
Posted in Irish Capitalism on May 29th, 2012 1 Comment »
Spotted in St. Stephens Green this morning, next to the ducks.
Posted in Bankrupt ireland on May 23rd, 2012 No Comments »
Posted in god's away on business, Banks, Irish Economy on May 21st, 2012 No Comments »
[Source: Central Bank of Ireland Annual and Quarterly Reports, 1988-1998]
Graph outlining the explosion in new Irish bank credit directed towards financial sector and personal lending (including mortgages) before and during the so-called ‘celtic tiger’ years.
Irish bank credit directed towards manufacture barely rises until the late 1990s - it actually drops during the early […]
Posted in EU, Ireland on May 21st, 2012 No Comments »
Posted in Ireland on May 17th, 2012 No Comments »
Posted in Bastards on May 17th, 2012 7 Comments »
“It has taken me a long time to understand that there is a connection between colonial powers and corruption. “The United Kingdom has maintained its privileges by allowing British companies to operate from their own tax havens. The expansion in the use of these jurisdictions has a link to decolonisation. It is a modern form […]
Posted in Bastards on May 17th, 2012 3 Comments »
From an Irish Times report on Michael Noonan’s speech to the Bloomberg economic summit in Dublin yesterday.
Minister for Finance Michael Noonan today warned voting Yes in the upcoming EU fiscal treaty referendum on May 31st would be a “leap in the dark” and a “dangerous leap but that Irish citizens should take it”.
He […]
Posted in god's away on business, Banks, Irish Economy on May 17th, 2012 No Comments »
This is the distribution and growth of bank credit in Ireland from 1988 to 1998. The figures are taken from the Central Bank of Ireland Quarterly Bulletins. The lion’s share of new credit went to financial intermediation (investment in financial products) and personal consumption (mortgages/personal lending). Manufacture is near the bottom in terms of growth […]
Posted in EU, Banks on May 14th, 2012 2 Comments »
Greece is NOT the reason why the Euro is failing. It is a symptom of the structural problems which have been there from the start.
The long quote below is from a speech Trichet made in Dublin in 2004. I came across it today in the National Library, filed with the annual reports of the Central […]
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