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national | consumer issues | feature Saturday February 28, 2009 09:25 by Workers Solidarity - WSM wsm_ireland at yahoo dot com
There is no money left in Ireland. At least thatís what you might think after listening to Brian Cowen, Enda Kenny, IBEC and the parade of capitalist economists and pundits who parrot this nonsense. Yes, we are heading into a deep recession but guess who is expected to pay the cost?
The Government has no problem finding money to bail out bankers and speculators, itís only when cash is needed for special-needs teachers, the sick, or to improve run-down schools and hospitals that nothing can be found. The attack on pay and pensions is a class struggle by employers and the government against working people.
We had a financial regulator, Patrick Neary, who waltzed off with a golden handshake of Ä600,000 and a pension of Ä140,000 per year. That pension alone is the equivalent of what four workers and their families on the average industrial wage live on. And what did Neary do to deserve this, apart from turning a blind eye to massive financial Ďirregularitiesí in the banking industry?