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Sunday Independent Stupid Statement of the Week August 21, 2011

Posted by Garibaldy in Sunday Independent Stupid Statement of the Week.
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First up, the Labour Party would be better worrying about people who dodge taxes rather than setting up what the Sindo describes as a Sweeny-style squad to look for benefit fraud. In fact, added to Rabbitte’s recent rant about natural resources, a large part of Labour should just get it over with and join Fine Gael. We can only dream about seeing the fringe benefits beyond the obvious that raising income tax would have.

Louise McBride, in the business pages, has decided that it’s time to deal with the debt holding back economic growth. How can we do this? Why, of course. Attack public sector pensions. If private sector works are getting screwed over their pensions, the public sector should too.

This is not simply an argument about private versus public sector. Despite the recent pensions levy, the State is still drowning in a public sector pensions bill that could be as high as €8bn a year.

This bankrupt country simply cannot afford that bill — particularly if it comes at the expense of hard-pressed taxpayers who are already sick to the teeth of cutbacks.

A bill like that will make it harder for us to shift the mountain of debt that will hold back economic growth for years. And it can’t be justified when three-quarters of the workforce are left high and dry with their pensions.

Notice the word “could” there. Notice the absence, too, of reference to small matters like the bank bailout that may just have added to the debt. Notice, in short, stupidity. Having said that, at least she is good enough to offer us advice on what to invest in next – fine wine, classic cars, the movie industry, and paintings. Obviously, she’s aiming helpful, realistic and practical advice at the public sector workers, as clearly no-one in the private sector has the money to do anything like this.

Eamon Delaney has a go at the left for not protesting against what the government is doing in Syria (he then proceeds to throw Libya and Iran into the mix too, somewhat less plausibly). He contrasts this with what he sees as the constant complaining about the US and Israel, grounded in an irrational hatred. Except he can’t make up his mind who it is that the people he is criticising actually hate.

The discrepancy is presumably because these conflicts don’t involve the US, or Israel, or the West in that one-sided, self-hating fashion of the liberal left.

I’m not really sure how Irish leftists protesting against Israel and the US is self-hating. And unfortunately, he doesn’t explain it to us either.

This week’s winner, Declan Ganley, has declared that Europe needs a hero to save itself. I wonder who he has in mind for the job? Before getting to the most quotable inanity, perhaps it would be worth reminding Ganley where Europe actually is. He starts his article with a description of what he claims was the first action by British troops in WWI, the first British Army action on the continent, he says, since Waterloo. Either his history or his geography needs some work, given the Crimean War. Anyway, he offers us this.

Across Europe, the charade of feigned government competence continues. It would seem that every one of them, to some degree or another, thinks that they can defy the laws of common sense and private responsibility, in denial of the fact that their beloved European ‘social model’ is insolvent and collapsing into financial and moral bankruptcy. It had been kept alive, artificially, by transfusions of private capital, in the form of pensions and savings entrusted to politically compromised banks, who then passed on the cash to insatiable government borrowers, eager to promise more of anyone else’s money, in return for the sinecures that are so part and parcel of Europe’s current political class.

I think what he meant to say was that the institutions of private capital has been artificially kept alive by a massive infusion of public capital. You can see how he made that mistake. Like many others, he suffers from a disease called neo-liberalism, so perhaps we shouldn’t mock the afflicted.

Comments»

1. Blissett - August 21, 2011

pretty bonkers article in the magazine about ‘how to be a lefty in Ireland in 2011′ or something to that effect

Garibaldy - August 21, 2011

Didn’t see that online. Almost enough to make me get a hard copy. Almost.

CMK - August 21, 2011

Read through it quickly but it was clear that it set a new low in stupidity for the Sindo. Painfully stupid. So stupid, in fact, that you’d feel a little bit of sympathy for its author who has obviously been had by a sub-editor prankster.

ivorthorne - August 21, 2011

Nobody wants to read it.

Sub-McWilliams jokes about Socialist Steve and Tom the Trot. Lots of references to hash, poor personal hygiene, pointless academic papers and an inability to to talk to women. The general point seems to be that Lefties are against everything.

Honestly, there’s nothing for a Lefty to be offended by. It’s a painful attempt at humour. Michael O’Leary wouldn’t even laugh at any of the jokes. If you bother to read the thing in full, you’ll probably just end up feeling sorry for the chap who wrote it.

Niall - August 21, 2011

Why the hell does this thing keep calling me Ivorthorne? I used that name once on a different blog and it remembers it no matter where I log in from!

Garibaldy - August 21, 2011

Niall,

I think it’s cookies or whatever.

2. PanchoVilla - August 21, 2011

Could some one scan it? or is it online. Dont want to buy the rag.

3. RepublicanSociaist1798 - August 21, 2011

@Garibaly You should’ve mentioned Michael O’Leary bimonthly bitch and his threats to leave the country if the higher rate of income tax is raised, along with his proposal to end child allowance once the child is at age five and in school amongst other things.
He may as well have done with it and propose privatizing the military and restricting the franchise to property owners.

As for that “Life” article. Bill Hicks is still right about mediocre hacks thriving and where god people are murdered. It was like reading the lazy and turgid bits of something by David McWilliams (the whole steve the sociologist, tom the trot thing thing).

RepublicanSociaist1798 - August 21, 2011

Oy gevalt you did actually. Didn’t click on the link. Sorry.

EWI - August 21, 2011

Either his history or his geography needs some work, given the Crimean War.

Given the inevitable tensions between having connections to both (new, oligarch-friendly) Russia and the Anglo right, are you surprised that he ignores it?

Garibaldy - August 21, 2011

You think it’s a case of ignoring rather than ignorance?

EWI - August 21, 2011

Certainly, given how lovin’ their past glorious wars the Anglo right (hate that, need a better term) generally are.

It’s quite a tightrope to walk, for him and Gurdgiev both.

Garibaldy - August 21, 2011

You’ve more faith than I do.

4. Northside Socialist - August 21, 2011

“Pensions apartheid is alive and well in Ireland. The gap between public and private sector pensions has become so wide here that a binman can get twice the pension of the average private sector worker. That’s if the private sector worker gets any pension at all.”

http://www.independent.ie/business/irish/your-binmans-pension-better-than-yours-2853831.html

Given the relentless privatisation of refuse services in local councils are there that many “binmen” left in the public sector?

The Sindo journalist fails to mention the massive pension arrangements for the directors of private enterprises (remember Michael Fingleton’s 27 million pension? The business section of the Sindo does not of course). I guess “Sir” Anthony O’Reilly at least, will not face penury in his remaining years.

Also, the Sindo fails to mention that private sector companies closed defined benefit pension schemes to replace them with riskier defined contribution pensions, where worker’s pension pots are gambled in the stock, bond and property markets.

“PRIVATE sector pensions in middle class Ireland have suffered a second wipeout in three years, following last week’s turmoil on the world markets, with some funds falling by a staggering 20 per cent.”

http://www.independent.ie/national-news/wipeout-for-middle-class-as-pensions-hit-yet-again-2854010.html

Some in the private sector still do well for example…

“Brian Goggin

Chief executive of BoI

The golf certainly seems to be going well for former Bank of Ireland chief executive Brian Goggin, who resigned in February 2009 with a €650,000 pension as the bank started to implode under the weight of billions of bum property loans.

Earlier this year, the Sunday Independent revealed that Goggin had teamed up with US private-equity giant Apollo to find Irish opportunities. ”

How about these future pensioners who appear to have well feathered nests provisioned for their golden years:

http://www.independent.ie/business/irish/all-gone-but-not-forgotten-2817702.html

“THE Government has agreed to investigate the cost to the taxpayer of an “outrageous” pension scheme for the super-rich.

Around 6,500 people are in the scheme, which gives them 41pc tax relief when building a pension fund of up to €5.4m.

Some who entered the scheme before it was restricted in 2006 are believed to have pension pots of up to €100m.”

http://www.independent.ie/national-news/probe-ordered-into-superrich-pensions-1725719.html

WorldbyStorm - August 21, 2011

Spot on re disparities within private sector pensions and secondly that the private sector pension industry has very deliberately and as a profit making move shifted from DB to DC… Good article in the Guardian a year or two back by Polly Toynbee on just this issue. One might also enquire as to why the private sector doesn’t provide pensions for about half of all workers in that sector. And that the pensions industry fights tooth and nail to see the state pension improved into a genuine universal pension that would do away with all but a few private pensions.

5. Alan - August 21, 2011

“This is not simply an argument about private versus public sector.”

Ah, the economic equivalent of “I’m not racist but…” Hit you up with an assurance that it isn’t the usual right-wing dribble spasm and then deliver you with that very same dribble you were tole not to expect. Like a fart in a lift everyone knows what it was and what it means and who dealt it.

By the by I know shag all about pensions what with being in that 50% that don’t have one but I saw a TASC presentation with some TCD bloke about pensions. Behind all the fancy charts and stuff they were making the case for more investment in public provided pensions including increasing the state pension. Worth looking up for anyone interested.

6. Michael Carley - August 21, 2011

I thought this was a runner in Emer O’Kelly’s denunciation of poor mathematical standards:

Mathematical incompetence to a level of basic innumeracy has been increasing exponentially over the years during which we have been ignoring the illiteracy statistics, and we now have double incompetence.

http://www.independent.ie/opinion/analysis/a-disaster-in-design-and-delivery-2853789.html

Garibaldy - August 21, 2011

The Plain English campaign may well be interested in that. It is ridiculous, and I shouldn’t have missed it. Thanks for pointing it out.

Michael Carley - August 22, 2011

I was more concerned by the misuse of `exponential’ in an article about low standards of mathematics.

Garibaldy - August 22, 2011

Now you’re getting technical Michael, too technical for some of us.

EWI - August 22, 2011

How can something increase “exponentially”, and still only be double?

Can someone please explain this one to me?

Paddy M - August 22, 2011

“…Irish graduates simply don’t know how to think. They can only parrot received wisdom (or prejudice!). Yes, we produce a few high fliers…, but they’re few in number, and probably dazzle in spite of the system rather than thanks to it.”

How unlike the Sunday Independent.

Seriously, I would worry about the mental and physical health of a woman who seems to exist in such a permanent state of barely-suppressed rage.

7. Alan - August 22, 2011

I thought Carol Hunt had promise after that piece a few weeks back.

“Meanwhile, the real wealth creators, the people who set up companies and created valuable jobs in their communities are being systematically destroyed.”

Guess not.

“Why do so many try desperately to protect what many workers would quite rightly call entitlements, but which those in clover call “rights”? The right to a paid half-day for Christmas shopping. The right to days off to celebrate the King’s birthday and Empire Day in this so-called Republic of ours (I kid you not). The right to get into work at 10, take a two-hour lunch break and then clock off at four.”

Nope, just another of the fucking same.

I’ll be honest, I gave up after the above two quotes but individuals don’t make the fucking wealth.

8. Michael Carley - August 22, 2011

@EWI Something can increase exponentially and still only be double if you measure how big it is at the point when it has doubled.
Compound interest is exponential growth, for example.

The problem is that you shouldn’t say `exponential’ when you mean that something has grown quickly, or a lot. You certainly shouldn’t say it when there is a maximum limit, such as 100% ignorance.

9. ejh - August 23, 2011

I assume that all these people who think the public sector is so comfortable will be backing their words up with action, and trying to join it?


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