Irish Time

Thursday, February 28, 2013

BANKSTERS REILLY HEALTHCARE








Yesterday after the Department of Health announced it was scrapping disabled mobility allowances, Minister for Health, James Reilly experienced some mobility issues himself, when inspecting a brand new, private, state-of-the-art mental health facility, situated on the old Grangegorman site in Dublin, which used to serve over 2,000 patients. 
Dr Reilly with his Minister of State Kathleen Lynch, were trapped when their lift jammed. The media in the lobby filmed hospital officials busily trying to open the doors and free Reilly who was on a propaganda stunt,  with a couple of cultivated, chosen, journalists. Other photographers who tried the stairs, hoping to film the flustered Reilly exiting, were quickly  forced back by one of Reilly's heavies forcing them back. After about half an hour the two Government lunatics, were released despite the objections of most ordinary Dubliners who wanted the keys thrown away.
 HSE official Anne O’Connor described Reilly's detention, as a “brief involuntary detention,” while Minister for Health Reilly wanted to know “who is responsible for the lift?." Someone said, that like the Irish State, the lunatics are running the asylum, while another quipped that all these buffoon, fat bastard, Irish Ministers, Reilly, Cowan, Harney, Gilmore, etc. etc.are just City of London bankster floozies and fall guys.







Britain is to challenge an EU agreement to slash bankers' bonuses at a meeting of European finance ministers next week after Boris Johnson condemned the proposal as a "deluded measure".
Amid fears that the EU agreement could deal a hammer blow to the City of London, David Cameron said EU regulations needed to be flexible enough to allow international banks to operate in Britain and the rest of the European Union.
George Osborne or the Treasury minister Greg Clark will represent Britain at the meeting next week to relay what No 10 described as real concerns about the proposal.
The agreement in Brussels came as the Royal Bank of Scotland posted losses of more than £5bn after paying out more than £600m in bonuses. No 10 said it had imposed cash limits of £2,000 on bonuses at RBS and Lloyds and was giving a greater say to shareholders in all banks.
The prime minister's spokesman said: "Bonuses are very significantly down on where they were in 2010. So you are seeing real responsibility and restraint."
Johnson highlighted deep British unease about the bonus agreement hammered out in Brussels on Wednesday night between officials from the EU's 27 member states, MEPs and the European commission by dismissing it as the most preposterous idea in Europe in two millennia. Under the agreement, bankers' bonuses would be capped broadly at a year's salary, although they could be doubled if a majority of shareholders agreed.
The London mayor said: "People will wonder why we stay in the EU if it persists in such transparently self-defeating policies. Brussels cannot control the global market for banking talent. Brussels cannot set pay for bankers around the world.
"The most this measure can hope to achieve is a boost for Zurich and Singapore and New York at the expense of a struggling EU. This is possibly the most deluded measure to come from Europe since Diocletian tried to fix the price of groceries across the Roman empire."
Diocletian, the 51st Roman emperor, introduced the edict on maximum prices in AD 301.
The prime minister made clear the government's unease at a meeting of Nordic leaders in the Latvian capital of Riga. "We do have in the UK – and not every other European country has this – we have major international banks that are based in the UK but have branches and activities all over the world, and we need to make sure that regulation put in place in Brussels is flexible enough to allow those banks to continue competing and succeeding while being located in the UK. So we'll look carefully at what the outcome of the negotiations was before working out the approach we'll take at Ecofin [the meeting of EU finance ministers] next week."
Downing Street made clear Britain was prepared to water down the proposal at the meeting, though any final decision will be made by qualified majority voting in which no member state has a national veto.
Cameron's spokesman said Britain had taken important steps to rein in remuneration, such as deferred payments, which has seen £300m clawed back from Barclays bonuses and 3,000 RBS employees also experiencing "clawback" as a result of the Libor investigations.
He said: "The UK believes it has some of the toughest remuneration requirements in the world. They are incentivising long-term behaviour – the idea of deferred payments, with a significant proportion in shares that can be clawed back over a period of time. At the heart of this is aligning the incentives with long-term performance and stability.
"Alongside that we of course also want a successful financial sector in the UK. There are very successful UK-based firms that compete across the world. They are an asset to the UK. When we are looking at what further regulations may be appropriate we will want to consider the impact on competitiveness.
"This idea of a cap – one of the things we have been pointing out as a potential consequence of this type of approach, if you cap variable pay – bonuses – you can see big increases in basic pay. And of course basic pay is not subject to clawback because it is paid out straight away."
Cameron said Britain was taking a responsible approach because it was implementing the Vickers proposal to ringfence the retail side of banks away from the investment side.
"We are absolutely clear that we must be able to implement the Vickers plan in the UK, which in some ways is tougher than regulations that are being put in place in other European countries. We want to have this proper ringfence between retail banks and investment banks, and the rules must allow that to happen – I think that is very important."
The spokesman added: "We do continue to have real concerns about them [these proposals] and we will continue to be discussing them with EU partners in the coming days ahead of the Ecofin."


Irish Hospitals to Lose Wards and Staff in €721m HSE Cuts


Major changes to small hospital services and a massive reduction in staff numbers are outlined in a series of HSE plans aimed at reducing health spending by €721 million this year.
PAUL CULLEN, Health Correspondent
The cuts include the closure of Mallow General Hospital’s emergency department, with emergency surgery being moved to Cork University Hospital. Also in Co Cork, the casualty unit at Bantry General Hospital will be replaced by a 12-hour urgent care centre operating seven days a week.
The plans confirm the HSE’s intention to shed almost 4,000 posts this year, although some regions warn this target may be difficult to achieve. Some 750 posts are to go in Dublin North-East and more than 1,300 in Dublin Mid-Leinster.
Plans to remove medical cards from 40,000 people are also confirmed; this will be achieved by changing eligibility limits in a way that has yet to be announced.
However, the HSE is providing for an overall increase of 60,000 in the number of medical cards issued because of high unemployment and demographic changes.
Minister for Health James Reilly said it was clear that the cost of services had to be cut in the current economic climate.
“I think you’ll find that the new regional budgets will have a lot of positive news in them for the regions,” he told reporters in Dublin yesterday. “I think the way that the new budget has been done has protected a lot of the services that we need to protect.”
Regional plans 
The proposals are outlined in four regional plans, three plans for hospital groups and a national operational plan published by the HSE yesterday. Politicians and other interests in each region were briefed before publication.
According to the national operational plan, the extension of free GP care to people with long-term illnesses, which was promised in the first year of Government, may not now happen until the end of the year. Some €383 million is to be cut from the budget for community schemes such as medical cards.
The document also says “alternative options” will be identified for dealing with low-urgency 999 ambulance calls. Cost savings of €2 million will be sought from the ambulance service through new rosters and the elimination of “cost-ineffective” work practices.
In mental health, 102 acute inpatient beds will be closed, although inpatient services for children and adolescents are being increased.
Capital projects 
Among the capital projects due to be completed this year are a 44-bed psychiatric unit at Beaumont Hospital and accommodation for 54 residents at Grangegorman.
Sinn Féin health spokesman Caoimhghín Ó Caoláin TD said “no amount of spin” from the HSE in the regional plans could hide the fact of €721 million in cuts.
In his own area, HSE Dublin North-East, staff numbers were being cut by 750 and nursing home beds by 55, he said.
The regional plans commit the HSE to implementing the small hospitals framework, which is expected to lead to further rationalisation of acute services in smaller hospitals.

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