Cutbacks Ireland now Irish unions campaign for default.

Sceala Philosopher

Picked out this from posts of comments here.
We live in a very sick Republic of Ireland.
Fine Gael shouts in angry opposition, we believe their promises, think they are sincere so we vote for them.
Fine Gael stop the anger in power and meekly follows Fine Fail failed policies. The Government is telling us that we have to put up with their mistakes, there is no more money.
Cutback cutbacks, cutbacks that is all we hear from the Irish government.
There was no expense spared for foreign parasites.

Irish Community Video

The same Fine Gael Labour government that found the millions to entertain the heads of the richest organized crime family in the world. Dining on the best at our expense, while our own go without.
Irish Community Images

We never even wanted that vile family of parasites here. Irish politicians bowing as the trumpeters played them into Dublin castle. They stage managed the whole event, I read they even employed that celebrity wedding planner to stage manage the Cork event.
At Dublin Castle the sights were appalling.
Irish Community Images

Not just this sickening sight, more perverse was the sight of Irish politicians from the Labour party bowing to parasites and fawning over their luxury meals. So called socialists dining in extremes of luxury. Doing this in the knowledge that they were going to tell Irish children with special needs to tough it out, cut back no money for them.
Make excuses as sick Irish children start having operations cancelled.
And we allow this to happen.
Cutbacks Ireland now Irish unions campaign for default.
Where are the Irish Unions?
They have been useless, leader less.
Now they say they might advocate default, but only when it is too late.
O'Connor says time may come to advocate default
Separately today, the outgoing president of ICTU, Jack O'Connor, has warned that the time may come when ICTU will have to advocate default on Ireland's debt.

However, he warned that such a move could have serious consequences for jobs and public services.

Mr O'Connor said that Ireland had to extricate itself from what he called the straitjacket of the troika agreement which was suffocating any prospect of growth in domestic demand.

He said the question was how to trigger renegotiation.

He said opinion was divided as to potential consequences of threatening default, adding that so far, Congress had not supported the call.

However he said it may well come to do so, and was conscious that resources were being run down as time passed.

Mr O'Connor cautioned that ICTU could not anticipate the response of the ECB which could withdraw support from Ireland's covered banks.

He said ICTU could not forecast how default would play with global companies upon which so many people depended for their livelihoods.

However, he said he was pretty certain it would mean balanced budgets overnight - which would be devastating for working people and all who depend on public services.

Mr O'Connor also called for a scheme to harness pension funds to invest in infrastructure in the domestic economy by exempting them from the recently announced pension levy.

He said there was €78 billion euro in pension fund assets.

He called on the Minister for Finance to engage with pension fund trustees to develop a scheme to secure 5% of their assets - or around €4 billion - to invest in infrastructure and venture capital in the domestic economy and create jobs.

He said gross fixed capital investment in the economy had fallen from more than €46 billion in 2007 to less than €19 billion this year.

He said that his pension fund proposal would more than offset the deflationary effect of the €3.6 billion cut scheduled for Budget 2012 and would create upwards of 80,000 jobs.

He also called for the remaining €4 - €5 billion in the National Pension Reserve Fund to be used to drive a job-generating investment programme.

He warned that the British government was committed to cutting spending by €80 billion over four years.

He said that would translate into £4 billion being cut in the north of Ireland, resulting in the loss of 25,000 public sector jobs and 15,000 private sector jobs -or one in eight of the north of Ireland's jobs.

He criticised plans to dismantle the wage setting mechanisms for the low-paid - saying that if job creation were the Government's real objective, it would have dealt with the issue of upward-only rent reviews long ago.

At the conference, a delegate, Sinead McKenna of the CPSU, called on the ICTU leadership to resign, accusing them of being too placid and embedded in spcial partnerhip.

However, CPSU leader Blair Horan said her views did not represent those of the union.
Cutbacks Ireland now Irish unions campaign for default.

Register

The Irish Community have posted
2 REPLIES TO THIS TOPIC
for logged in members to view.

Irish Forums Message Discussion :: Cutbacks Ireland now Irish unions campaign for default.

Cutbacks Ireland now Irish unions campaign for default.

Irish Community Video