What you want to say – 12th June 2019 June 12, 2019
Posted by WorldbyStorm in Uncategorized.trackback
As always, following on Dr. X’s suggestion, it’s all yours, “announcements, general discussion, whatever you choose”, feel free.
for lefties too stubborn to quit
As always, following on Dr. X’s suggestion, it’s all yours, “announcements, general discussion, whatever you choose”, feel free.
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Another poll for the British Labour Party leadership to ignore:
Please the (richer) old, ignore the young. That’s the way to build a political future:
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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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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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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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@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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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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Billy McKee has died
https://www.bbc.co.uk/news/uk-northern-ireland-48606844
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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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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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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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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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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
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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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
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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“Minister Katherine Zappone, Ind Dublin West”
In fact, her constituency is Dublin South-West
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Thanks. I will Correct that
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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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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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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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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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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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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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