Tag: Ireland

It’s been one of those weeks where so many things have come to light that I simply do not know where to begin writing first. I sit there and think, which of the various things that I have been listening to or reading about have actually annoyed me to the point of actually writing about. I have realised that I am just generally annoyed.

When I thought about it more, I concluded that the underlying theme of these various stories is a complete and utter contempt by bourgeois governments (that lay claim to being utterly democratic) of the vast majority of people that they govern. Whether they govern competently or not, whether there is anything resembling a democratic mandate or not; it is the utter contempt in which they hold the majority of the population that has really gotten my goat.

I also realised that this is not only confined to governments, it is a view shared by the leadership of religious authorities, by arms of the state (police, armies, etc.) and even by the heads of sporting associations.  This contempt is a reflection of the fact that those in power think/know that when push comes to shove, they know who they serve and it is not the vast majority of people; it is a tiny elite hiding behind the word “democracy” while actually not even slightly being accountable to that majority. It is the abuse of power by those that have it wielded against those that view themselves as powerless. Having just spoken to my postman about my frustration, he agreed and said “this is a long term problem, what can you and I do about it”?

Cross posted from The Stars Hollow Gazette

Last week the Irish voted against their own (s)elf interest, which according to Yanis Varoufakis, professor of economics at the University of Athens, when they “voted in favour of the EU’s fiscal compact which specifies that which is both impossible to attain and catastrophic if it is attained“:

So, why did the Fine Gael-led Dublin government push so powerfully in favour of this piece of crippling idiocy? And why did the smart, decent Irish voters said Yes, despite their tradition of saying No to euro-silliness? The answer is simple: They were blackmailed. Ireland’s voters were told: Vote No and the flow of money from the troika will cease. And so they voted Yes, even though I suspect that no government minister, no rank and file Fine Gael or Labour Party member, no man or woman on the street believes that the Fiscal Compact they voted for makes sense. [..]

If on 17th June Greeks voted like the Irish did last week (that is, against their reasoning and guided by fear and blackmail), the Eurozone will become history, with terrible consequences for the global economy. This is not the case of the Philosopher Kings blackmailing the plebs to do what is right. This is the case of ‘madmen in authority’, to quote Keynes, who are not only steering the vessel toward the rocks but who are, in the process, punching holes in the life vests that may carry us to safety once the shipwreck is complete. [..]

To conclude, Europe’s peoples are being marched into a catastrophe. They know that this is their predicament. They can see their march is leading them off a mighty cliff. But they are too afraid to veer off, in case there are beaten back into line, in case they get lost in the woods, for reasons that sheep know best. However, the only way this hideous march can end is if someone summons up the courage and does it. And steps out, showing the others that this march can stop and must stop – for everyone’s benefit. Who is that someone? We, Europeans, do not have many options. As I wrote above, the Irish people had a chance but did not take it. In two weeks, the Greeks have their chance. Voting for Syriza would offer us (and by ‘us’ I mean all Europeans) a chance of this circuit-breaker. A chance to say: Enough! Time to change course in order to save the Eurozone, so as to prevent the Great Postmodern Depression which lurks once the euro-system fragments formally.

Varoufakis gives his reasons for supporting Sariza: first, that Sariza is the only party that understands that Greece needs to stay in the EuroZone and that the Eurozone won’t survive if it doesn’t give up austerity; second, the economic team that will negotiate on Greece’s behalf are good and persuasive with a clear understanding of the situation; and third, Syriza will not be the sole arbiter of the Greek government. It will be a coalition, so there is no need to fear the party’s extreme leftism.

I hope the Greeks’ come to their senses unlike the Irish and Wisconsins.

  Too often commentary on the European debt crisis has been like handicapping a horse race (“this country is leading the race to default, but this other nation is catching”).

  While interesting, it is useless in trying to figure out how this relates to the average person.

 The first thing you have to understand is who the players are and how they are connected.

  Most people who have been following the news about Ireland are aware of the austerity measures, such as middle-class tax hikes, the lowering of the minimum wage, and massive layoffs. But the most outrageous action the government is taking concerns pensions.

 Fine Gael, Labour and Sinn Féin attacked the intention to use the National Pension Reserve Fund to help provide a further €10 billion in further capital for the banks. In total, the banks could end up getting another €35 billion if their losses are bigger than expected.

 It’s a case of blatant theft. The government is stealing from the working class to give to the wealthy bank creditors.

 Ireland is not alone.

  Ireland did everything right, according to the bankers of the world. They slashed wages, services, and public employment. After two years of sacrifice what do they have to show for it?

 Wages have fallen and unemployment is around 13%. That much was expected. What wasn’t expected is that the markets would punish the nation for crushing the domestic economy because of the austerity measures.

 “We do not really see how Ireland is going to be able to ‘hold on’ without EFSF help,” one euro zone source with knowledge of the talks said.

  “Obviously since this implies a pretty tough programme for the government and to some extent a loss of sovereignty, they want to think twice…” the source said.

 In other words, things are going to get even harder for Ireland. What will Ireland get in return? The ability to go even deeper into debt.

As a result of a recent event involving an aircraft and underpants Representative Peter King (R-Not From Iowa), the senior Republican on the House Homeland Security Committee, has again come forth to bring his expertise on questions of international terrorism to the national debate.

King, a Congressman who represents a district that straddles New York’s Long Island (NY-3), previously served as the Comptroller of Nassau County and a member of Hempstead, New York’s Town Council, which wouldn’t seem to be the kind of résumé that would give you much credibility in this arena-but Mr. King is a special case.

You see, Mr. King knows a great deal about terrorism…from the inside…because for many years the personal cause that drove his life was to be an active and public supporter of a terrorist group.

And that’s why, today, we’ll be connecting the dots between Congressman King and the Irish Republican Army.