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What you want to say – 12th June 2019 June 12, 2019

Posted by WorldbyStorm in Uncategorized.
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As always, following on Dr. X’s suggestion, it’s all yours, “announcements, general discussion, whatever you choose”, feel free.

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1. tafkaGW - June 12, 2019

Another poll for the British Labour Party leadership to ignore:

Several prominent politicians have argued that leaving the EU with some form of soft Brexit would be a reasonable compromise. Their reasoning is that Leave voters simply want to get on with leaving, and do not care much about the manner in which the UK exits the EU. They assume that giving Leavers what they want would then open up the space to implement a softer Brexit deal of the kind Remainers would be able to live with.

These results show that neither part of the argument stacks up. Many Leavers do have strong preferences between different Leave outcomes. Forty five per cent have at least one option that they prefer “a lot” over another Leave option. Almost a quarter (24 per cent) feel so negatively about some of the Leave options that they would prefer to Remain rather than see it implemented.

What this means is that whichever way the government chooses to leave the EU will end up making a large number of Leavers unhappy. As for Remainers, the fact of leaving the EU itself would also make many of them unhappy, even if the UK left with a soft Brexit. Only 10 per cent of them say they only prefer Remain “a bit” to their most preferred Leave option.

Please the (richer) old, ignore the young. That’s the way to build a political future:

Support for no-deal is also related to age. Forty eight per cent of voters over 60 rank it as their first choice outcome, compared to 17 per cent of 18-to-30 year olds. Equally, 40 per cent of those over-60 voted for the Brexit Party in the European parliament elections, whereas only 11 per cent of people under-30 did so.

By focusing on class, much of the Brexit narrative has missed the nuance that older working class people might own their own homes outright or live in secure social housing, with their pension income protected by the triple-lock, and as a result might be less worried about an economic downturn.

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2. Paddy Healy - June 12, 2019

Poor Subsidising The Rich Through Tax Reliefs-Social Justice Ireland
Or in plain English: Tax reliefs lead to those at the bottom subsidising the investments and savings of those at the top https://wp.me/pKzXa-oM
Irish Examiner Wednesday, June 12, 2019
Some of the super-Rich are tax resident in Ireland. CSO has clarified to me that the Individual Financial Asset holders which are included in Institutional Sector Accounts(financial) in their documents are all tax resident in Ireland Hence all of the top 10% of Financial Asset holders who now have 50 billion more than they had at peak boom level are resident in Ireland. The gains of the tax exiles are probably of course much greater. See exchange between Seamus Healy TD and Tánaiste Simon Coveney in Dáil at the link in post above for full details .
Financial Assets include Deposits in Financial institutions, shares, othe personal financial investments. They do not include fixed assets such as homes, business premises, farms etc as falsely implied by Coveney in his reply to Seamus.
More here: Irish Super-Rich Awash with Money https://wp.me/pKzXa-n4
I agree that international action is needed to deal with tax exiles. But it is important to point out that the the massive financial assets possessed by the Irish Super-rich who Are tax-resident in Ireland and have not migrated are amenable to immediate taxation by the enactment of legislation in the Oireachtas THIS WEEK. If we concentrated on tax exiles only in Dáil Questions, we would get replies saying typically: “we are discussing these matters with our EU partners and with OECD blah, blah, blah” allowing government to deflect the issue. It can’t deflect from the issue of immediate taxation of financial assets which are held by individuals who are tax resident.

Michael Noonan, former FG Finance Minister once tried to tell Seamus in a Dáil reply that financial assets were taxed through Deposit Interest Retention Tax (DIRT) DIRT is, of course a tax on INCOME from financial assets rather than a wealth tax on the assets themselves!! Coveney, Noonan, Donohoe will of course say anything to cover up non-taxation of huge wind fall increases in wealth at the expense of the Irish People generally

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tafkaGW - June 12, 2019

I read you as meaning that action against theft of tax from us (the non-rich) by the super-rich should be taken at national and at international level, as a matter of priority.

If that’s the case, I’m with you 100%.

Imagine what we could achieve if we can prise the cash out of these thieves with good lawyers and tame politicos.

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3. tafkaGW - June 12, 2019

Someone else who is leaving power ‘pledges’ in a ‘legally binding’ way that a nation state will become ‘carbon neutral’ by [fill in preferred date but it should be at least 4 legislative electoral cycles away].

Tell me what you’re going to do within in the next couple of years, within your term of office, or shut the fuck up with your greenwashery.

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kestrel - June 14, 2019

@gw,. not exactly sure what you are talking about here, but ‘tell me what you’re going to do within the next couple of years, within your term of office’…, makes sense.
Already, I have had an instance or two, of v.negatory, non-security, and undermining aside comments; these Councillors go to ground so quickly that it is amazing, and the (tbh v.willing) use of clerks, in doing their (nefarious?) bidding, is really amazing.
but, divide and rule, and so, distract, from any positive action, is endemic here.
Is this negativity actually criminal? And should the actual Councillors themselves be prosecuted?

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4. Jim Monaghan - June 12, 2019

The Left anbd SF on the 4 Dublin local authorities shoudl demand a feasibility study on a congestion charge between the canals. The revenue raised should be used to fudn a free public transport between the canals. This smallish measure would kick start a Green agenda for the huge Dublin regeion. Encouraging a massive increase in public transport useage.

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5. Michael Carley - June 12, 2019
6. Paddy Healy - June 12, 2019

Alban Maginness: Why Red Army’s role in bringing Down the Third Reich must not be overlooked—-Belfast Telegraph
“After all, without the Russians there would never have been a successful D-Day landing at all. https://wp.me/pKzXa-1jz
The defeat of the Nazis owes much more to the Soviet Union’s victory at Stalingrad in February 1943.
It is estimated that almost 27 million Russians died in the Second World War. That is a staggering figure compared to the combined losses of the Allies, including Britain, France and the USA.”

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yourcousin - June 12, 2019

Paddy,
The millions of Ukrainians and Belarusians might take issue with the 27 million “Russians” number. And again Paddy, what’s the point?

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7. Jolly Red Giant - June 13, 2019

For anyone in Cork who might be interested – a book launch meeting for ‘Limerick Soviet 1919: The Revolt of the Bottom Dog’ will take place next at 7.30pm on Tuesday 18 June at 63 Shandon Street, Cork.

https://www.facebook.com/events/783705575360044/

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8. Paddy Healy - June 14, 2019

Warning the economy is caught between overheating and Brexit slowdown: The Irish State’s Chief Economist has said overheating could transform rapidly into “underheating” as a result of a cyclical downturn internationally, made worse by Brexit and trade tensions between the US and China. https://wp.me/pKzXa-ua Irish Times Friday, June 14, 2019,
The Irish economy is on a knife-edge, poised between “overheating” and a major Brexit-related downturn, the State’s chief economist has warned. John McCarthy described the situation as “extraordinarily complex” and uncertain, saying it made forming budgetary policy extremely difficult.

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9. Paddy Healy - June 14, 2019

Even Eddie Hobbs Worried About New Recession !!!! Eddie Hobbs: Is a recession looming – that’s the multi billion dollar question?
Irish Examiner, Wed June 12, 2019

New World Economic Crash On The Way!


Investors in sovereign credit (state bonds etc) are worried that a recession is looming over the horizon. This is why the (state) bond market throughout the world is flashing red, long term rates fell below short term, inverting the normal upward slope of the bond curve.You’ll understand why this is important when you consider that the last two times inversions happened on this scale was just before the dot.com burst and the global financial crisis……Central Banks short term fix has become open-ended. Risk asset prices, property, shares, corporate credit, private equity, it is all propped up and extended by so-called quantitative easing and money printing operations. Ten years after it kicked off, the danger zone has moved from housing debt to national debt.

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10. Paddy Healy - June 14, 2019

Carried: Dáil Motion to Restore Defence Forces Pay and Allowances
June 13,2019 Proposed Fianna Fáil, Amended by Sinn Féin
Vote Tá 77 Níl 38 Staon (abstain)0

Restore Pay, Allowances,Conditions and Pensions of the Defence Forces

Those TDs who Voted With Fine Gael in Dáil against Motion
Minister Shane Ross Independent Alliance, Dublin Rathdown; Minister Sean Canney, Ind Galway, Minister Katherine Zappone, Ind Dublin West
Those TDs who Did not formally Abstain but Went Missing and, therefore, did not vote for Restoration of Defence Forces Pay and Allowances:
Minister John Halligan (Ind Alliance) Waterford; Minister “Boxer” Moran (Ind Alliance) Longford Westmeath; Minister Finian Mcgrath, Dublin Artane; Michael Lowry Ind Co Tipperary; Michael Harty Ind Co Clare; Noel Grealish Ind Galway .Michael Healy-Rae Ind Co Kerry; Danny Healy-Rae Ind Co Kerry.

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Tomboktu - June 14, 2019

“Minister Katherine Zappone, Ind Dublin West”

In fact, her constituency is Dublin South-West

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Paddy Healy - June 14, 2019

Thanks. I will Correct that

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11. Paddy Healy - June 14, 2019

Rockall was ‘handed over’ to UK in 2013, say Irish fishers-Irish Times june 14
Chief executive of the Irish Fish Producers Organisation (IFPO) Francis O’Donnell said the agreement (made by Labour Party Leader Eamonn Gilmore), effectively conceded the rock and its surrounding fisheries area in the North Atlantic to the UK in 2013 . https://wp.me/pKzXa-LN
“Rock on Rockall,You’ll Never Fall”-Wolf Tones -listen to the song!

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12. Paddy Healy - June 15, 2019

Rockall:While the UK is in the EU, Irish boats can fish there. But if UK leaves EU, this access will end. This is because Rockall was ‘handed over’ to UK in 2013, say Irish fishers-Irish Times June 14 https://wp.me/pKzXa-LN
Chief executive of the Irish Fish Producers Organisation (IFPO) Francis O’Donnell said the agreement (made by Labour Party Leader Eamonn Gilmore), effectively conceded the rock and its surrounding fisheries area in the North Atlantic to the UK in 2013

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13. EWI - June 15, 2019

The Irish Times, always up with the zeitgeist in the modern Republic:

The castle and estate have since passed the sisters to the first-born male heir through the primogenitor line.

When their father, Sir William, died in 1985, the estate went to his brother Sir Philip, as the girls had no brother.

https://www.irishtimes.com/life-and-style/homes-and-property/the-blunden-sisters-last-of-the-great-adventurers-1.3923379

So much for their supposed feminist ideals?

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14. Paddy Healy - June 18, 2019

Jonathan Sugarman on Belgian TV Sound in English

Listen in English to Sugarman’s Incisive Questions on the behaviour of the Irish Government and the EU in the Banking Crash
NB Where was Irish Sovereignty??

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15. Paddy Healy - June 18, 2019

The only reason that Government is not ending the hospital trolley and housing crises, is that it refuses to tax the financial assets of the rich! https://wp.me/pKzXa-ua
According to Figures Supplied By Central Bank, the richest 10% of Irish Resident Financial Asset Holders( shares, financial investments and deposits) Now Have 50 Billion Euro MORE than at PEAK BOOM LEVEL in 2006. Tax exiles Gained AT LEAST AS MUCH AGAIN!
Eddie Casey, Chief Economist at Fiscal Advisory Council Has pointed out that extra sustainable taxation can be used to fund increases in public spending within EU rules.

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16. Paddy Healy - June 18, 2019

The EU restricyion is on Budget Deficits. Spending increases are allowed provided they are funded by sustainable (reasonably expected to be recurrent) taxation

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