For Lefties too Stubborn to Quit
?Most Banks Do Exactly What You Expect???We do Exactly What You Want? 15:11 Sat May 18, 2013 | irishelectionliterature
From the left to where?. 15:03 Sat May 18, 2013 | WorldbyStorm
Huh? What?s the Technical Group got to do with it? 13:00 Sat May 18, 2013 | WorldbyStorm
This Weekend I?ll Mostly Be Listening to? The Rain Parade 04:43 Sat May 18, 2013 | irishelectionliterature
A glancing blow? 03:36 Sat May 18, 2013 | WorldbyStorm Cedar Lounge >>
Life should be full of strangeness, like a rich painting
In God?s Country 00:39 Mon May 13, 2013
Fishy Talks Galway, 13 May 2013 13:36 Sun May 12, 2013
The Indo: Think I Know The Choice I?d Make.. 17:22 Thu May 09, 2013
Alan Ahearne, Johnny Boy 13:24 Mon May 06, 2013
Who Benefits from Austerity? Mechanics Institute Limerick Summer School, 4 May 2013 23:59 Fri May 03, 2013 Dublin Opinion >>
Joined up thinking for the Irish Left
Framing ?The Gatekeepers? Fri May 17, 2013 17:46 | Raymond Deane
The May Issue of Socialist Voice is Out Now Fri May 17, 2013 17:14 | Communist Party of Ireland
Full-Sized Life Thu May 16, 2013 13:32 | Susan DuMars
Left MEPs to debate austerity and abortion rights in Dublin Wed May 15, 2013 13:53 | Irish Left Review
Action on X ? Protest May 18th Central Plaza, Dame St, Dublin 2, @ 4pm Tue May 14, 2013 17:59 | Irish Left Review Irish Left Review >>
Of the Week? Sat May 18, 2013 00:02 | namawinelake
Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake
Gayle Killilea Dunne asks to be added as notice party in Sean Dunne?s bankruptcy Fri May 17, 2013 12:30 | namawinelake
NAMA sues Maria Byrne and Graham Byrne in Dublin?s High Court Fri May 17, 2013 11:39 | namawinelake
Johnny Ronan finally wins a court case Thu May 16, 2013 15:43 | namawinelake NAMA Wine Lake >>
A shot at bias in the media
Separating the News from the Noise Thu Apr 04, 2013 21:14
Blessed with nothing but good intentions Fri Feb 22, 2013 18:04
The Household Charge - How They Failed to Shape Our Perspectives Wed Apr 25, 2012 10:48
The web's political rainbow Wed Dec 07, 2011 09:47
The Forgotten Constituency: The Majority and The Irish Economic Crisis Fri Mar 11, 2011 11:49 MediaBite >>
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Can efficiency improvements fill the gap?
Given it is just days away from the election and a new government, most likely to be led by Fine Gael, many are probably wondering what exactly is the current state of Ireland and what are the prospects for recovery. In short, things are bad and a recovery is very unlikely. There are also wider and bigger global issues and we are unprepared and should be doing something about it now.
Related Links:
Committee of Public Accounts on Bank Bailout |
Additional document list | IEA acknowledges Peak Oil
The only hope is that we have is that there is a public awakening to try and understand what has happened, where we are and the future we are hurtling towards. Only then, is there any possibility of some kind of social revolution to enable us to have any chance of coping with the challenges and by our actions, hopefully we may even trigger an European wide social transformation. But frankly the prospects of this positive development happening are zilch.
When the global credit boom came to a halt and hit Ireland on that fateful day in Sept 2008, Brian Lenihan, at the behest of the bankers made a fatal mistake with the bank guarantee that ensured no (large) debtor would be left behind. It might have seemed like a good idea at the time, but it would only have worked if the global economy bounced back and it was clear it was not going to unless like many mainstream economists who propagate the dominant capitalist ideology of our time, they assumed it was just going to be another small recession in the usual business cycle. But anyone who had been following events without their ideological blinkers on, would have realized this was going to be of seismic proportions.
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