Irish Time

Sunday, May 13, 2012

Eurodämmerung ; End of the Euro - Ireland




Eurodämmerung
End of the Euro


By Paul Krugman
May 13, 2012 "New York Times' - -Some of us have been talking it over, and here’s what we think the end game looks like:

1. Greek euro exit, very possibly next month.

2. Huge withdrawals from Spanish and Italian banks, as depositors try to move their money to Germany.

3a. Maybe, just possibly, de facto controls, with banks forbidden to transfer deposits out of country and limits on cash withdrawals.

3b. Alternatively, or maybe in tandem, huge draws on ECB credit to keep the banks from collapsing.

4a. Germany has a choice. Accept huge indirect public claims on Italy and Spain, plus a drastic revision of strategy — basically, to give Spain in particular any hope you need both guarantees on its debt to hold borrowing costs down and a higher eurozone inflation target to make relative price adjustment possible; or:

4b. End of the euro.

And we’re talking about months, not years, for this to play out.
© 2012 The New York Times Company




Farmers group wants Ireland to follow Iceland and burn the bondholders

category national | eu | press release author Saturday May 12, 2012 20:47author by Darcy - Farmers For No Report this post to the editors
What the Germans failed to do with Tanks – they are now doing with Banks – and by God we had better stop them.
“I pay tribute to the ‘Farmers For No’ for coming together and calling for a No Vote…


…Contrary to popular belief and what the government is spouting, the sky won’t fall on our heads if we vote no on May 31st.


We will retain some flexibility and some ability to retain the control over our National finances and to be able to use those finances for the good of all the citizens of the country and not for the good of saving the financial institutions of Europe.”


- Thomas Pringle, TD (Member of Irish parliament)
Image: Rudo de Ruijter (www.courtfool.info)
Image: Rudo de Ruijter (www.courtfool.info)
“I pay tribute to the ‘Farmers For No’ for coming together and calling for a No Vote…


…Contrary to popular belief and what the government is spouting, the sky won’t fall on our heads if we vote no on May 31st.


We will retain some flexibility and some ability to retain the control over our National finances and to be able to use those finances for the good of all the citizens of the country and not for the good of saving the financial institutions of Europe.”


- Thomas Pringle, TD (Member of Irish parliament)


“… And it is our contention that this Referendum should be an ICELANDIC TYPE REFERENDUM on BANK DEBT and that the Irish people in VOTING NO on May 31st – that NO Vote should be a MANDATE for this country to DEFAULT on the BANK DEBT that has forced us into an emergency programme involving the IMF in the first place.”


- James Reynolds, Chairman for FARMERS FOR NO. Press Conference in Dublin 10th May 2012.


The necessity for FARMERS FOR NO is because the main farmers organisations like the IFA and the ICMSA did not discuss or debate this issue, this very important issue that could impact on the future of this country’s freedom, the future of this country’s economy, and impact upon future farm families in this country and throughout Europe, and that this current issue has not.. I agree with Edna Kenny on one issue, this referendum is more important than a general election.. and yet there haven’t been public meetings for the farming community organised by the IFA or ICMSA, where people with a contrary view could put forward the case for a No Vote.


It was a rushed decision, rushed because people in the European Commission and the Agricultural Ministers office pushed the leadership of these two main organisations to come out strongly for a Yes Vote, and with a vague promise in return that they would get some concessions in relation to CAP reform post 2013.


As you’re aware, Simon Coveney takes over the presidency of the agricultural ministers of the EU from January 2013 and the motivation of the main organisations is more motivated by a desire to please the Minister than to actually put forward a proper case and obtain guarantees, cast iron guarantees in relation to the CAP budget post 2013, which is under threat by the ratification of the Fiscal Treaty.


Professor Alan Matthews who is an expert in European agricultural policies put a paper out, it was published in the December 15th edition of the Irish Examiner, in which he stated that a CAP budget is in peril if the Fiscal Compact is ratified, because the €700 Billion firewall fund that’s going to be established – supposedly established, to provide rescue funds for this country, Greece, Spain and other countries is an enormous fund – money is scarce in the EU at the moment, we’re in the middle of a European debt crisis and the CAP budget is worth annually €46 Billion which is a very attractive pot that the EU could dip into for the purposes of funding the ESM.


Also, austerity is killing demand in this country, it is destroying.. and not only do you have austerity in Ireland, you have austerity throughout Europe. We as a small Nation, and the agricultural community, export up to 90% of what we produce in terms of agricultural produce. We need export markets. Austerity is killing – is going to kill our export markets on the continent because if people are hungry, and I think one thing that must be highlighted here – I’ve seen on the News yesterday – we’re supposed to be good Europeans.. there are fellow Europeans, Greek citizens who are hungry and have to go to soup kitchens because of the condition that they’ve been brought to because of the policies of the EU in bailing out bondholders who gambled and instead of taking the loss that they deserved to take expect the Irish and European taxpayers to bail them out.. and the taxpayers of the poorest countries in Europe to bail them out. And I want to say one thing in relation to our case against the Fiscal Compact Treaty.. Because farmers have farm spouses, they have children going to college, many of them are lucky enough to have all-farming employment – So they are part of the wider economy, we are impacted by austerity, we are impacted by the threatened cuts that are going to happen if we ratify this fiscal treaty and there is a flaw – in my opinion a false debate going around centered upon what will happen if we say No on May 31st – In terms of the provision of emergency funding, ESM funding to this country when the current ESF funding which is overseen by the Troika runs out at the end of next year – And it is our contention that this referendum should be an Icelandic type referendum on bank debt and that the Irish people in voting No on May 31st – that No Vote should be a MANDATE for this country to DEFAULT on the BANK DEBT that has forced us into an emergency programme involving the IMF in the first place.


Colm McCarthy wrote on the 18th of March that it was the loading of the bank debt on top of the sovereign debt that pushed us, as he termed it, into the red zone. In other words we would be in a position today to sell Irish government bonds on the financial markets – today – were it not for the fact that the bank debt was loaded onto the sovereign debt.. and why are the Irish people being asked to accept austerity when the bankers, the European banks and the bondholders are not prepared to accept austerity? Why is it a situation where Greece, and rightfully so, got a 50% write-down in their bank debt and we received no write-down on our bank debt – and yet the government and the people on the Yes side are trying to scaremonger the Irish public into a situation where they would be herded like sheep into voting yes for something that is not in their best interest. – James Reynolds, FARMERS FOR NO


Video of Full Press Conference:


‘Farmers for No’ to EU Fiscal Compact Treaty 10-5-2012 (Video by PlanxtySumoud)


http://farmersforno.eu/


http://www.facebook.com/FarmersForNo


http://twitter.com/farmersforno
Related Link: http://farmersforno.eu/

OLYMPICS LONDON TORTURE OCCUPIED IRELAND










Marian Price who was working as a human rights activist is just one example of many who have been politically interned now without trial in British Occupied Ireland. Marian for more than one year now has been in solitary confinement with the exception of a few visits. After previously been force fed 400 times while on 200 days of hunger strike, Marian has very serious health problems and is also in considerable constant pain, as result of her previous treatment. She had previously received a Royal pardon which would mean she should be released immediately, the British now say they have lost it.


The UN special rapporteur on torture recently called for solitary confinement to be banned in all but 'exceptional circumstances' and for it never to last more than 15 days. The British are also ignoring the first Geneva Convention of 1864 in the treatment of Marian, as per her injuries from their previous torture. Despite a court ordering her release, this political internment ordered by an un-elected Englishman in British occupied Ireland. Marian is just one of many political prisoners of political conscience and human rights activists currently interned without trial by the unaccountable, unelected English overlord.


Boycott Olympics London and its sponsors : McDonalds, Coca-Cola, Adidas, Panasonic, Acer, Atos, Dow, GE, Omega, Proctor & Gamble, Samsung, VISA and Nike.


Press the IOC to establish a standing committee or mechanism to address human rights abuses in future host countries, including Britain with their ongoing human rights abuses and crimes against humanity in British Occupied Ireland.


Until Britain and its money orientated partners start putting people ahead of profit, we call on all civilized people to;




Related Link: http://irishblog-irelandblog.blogspot.com/

Friday, May 11, 2012

EURO SLAVERY Christy Moore







How Soon Do Empires Forget The Lessons of History!
The 67th Anniversary of the Victory over Nazi-Fascism

By Fidel Castro

May 11, 2012 "
Information Clearing House" -- No political event can be judged outside of the era and the circumstances in which it took place. No one even knows one percent of the fabulous history of Man; but thanks to history, we know about occurrences that go beyond the limits of the imaginable.

The privilege of having known persons, even the locations where some of the events related to the historic battle took place, augmented the interest with which I awaited the anniversary this year.

The colossal deed was fruit of the heroism of a group of peoples that the revolution and socialism had united and intertwined to put an end to the brutal exploitation that the world had been putting up with throughout the millennia. The Russians were always proud of having headed that revolution and of the sacrifices they were capable of in bringing it to fruition.

This very important anniversary of the victory could not be understood under the colours of a flag or a name other than the one that presided over the heroism of the combatants of the Great Patriotic War. Without a doubt, something untouchable and unforgettable remained: the anthem whose unforgettable notes accompanied millions of men and women to challenge death and to crush the invaders who wished to impose a thousand years of Nazism and holocaust on all humanity.

With those ideas in mind, I enjoyed the hours I dedicated to the most organized and martial procession I could ever imagine, whose protagonists were men formed in the Russian military universities.

The Yankees and the blood-thirsty NATO armies could not imagine that the crimes committed in Afghanistan, Iraq and Libya, the attacks on Pakistan and Syria, the threats against Iran and other Middle Eastern countries, the military bases in Latin America, Africa and Asia could take place with absolute impunity, without the world becoming aware of the unusual and crazy threat.

How soon do empires forget the lessons of history!

The military technology exhibited in Moscow on May 9th demonstrated the impressive capacity of the Russian Federation to provide a proper and varied response to the conventional and nuclear resources of imperialism.

It was just the ceremony we were waiting for on the glorious anniversary of the Soviet victory over fascism.

Fidel Castro Ruz - May 10, 2012

Is The United States An Accidental Empire? 
By The Globalist
May 10, 2012 "Information Clearing House" --  The United States was born out of a struggle against an imperial power. Beginning in the 1840s — seven decades after its founding — it embarked on a succession of "wars of choice" that were profoundly at odds with its founding principles and left it with an empire of its own. This inaugural "Thomas Paine" column looks at how American changed — and how its empire is handicapping its future.

Our present predicament didn't happen overnight. It was a long time in the making. Along the way, America changed. We forsook our birthright, we deceived ourselves and, ever so slowly, our loadstar changed from liberty to force. When it was all over, we woke up and had an empire.

The United States broke with the foreign policy of its Founders in three wars of choice. We used guns to annex two-fifths of Mexico. We used guns to remove Spain from its colonies in the Caribbean and the Philippines. We used guns to replace Germany as the leading military power in Europe.

In the seven decades between the start of the Mexican-American war in 1848 and America entering World War I in 1917, the die was cast.

We didn't go to war with Mexico, Spain and Germany to defend ourselves. President James Polk proclaimed it was our Manifest Destiny to redraw our southern border to include almost half of Mexico. Likewise, President McKinley thought it was our Manifest Destiny to replace Spain as a colonial power in Cuba and the Philippines. In World War I, President Woodrow Wilson repackaged Manifest Destiny as saving the world for democracy.

War no longer needed to be justified as defending our country. War was now justified as promoting democracy around the world. Americans were now a force for good in the world.

The U.S. Constitution was subverted in the wars against Mexico, Spain and Germany. Yes, Congress declared war in the Mexican-American War, the Spanish-American War and World War I. But the legitimacy of the congressional declaration was undermined by Presidential lies:

Americans weren't attacked on American soil, as President Polk claimed. In fact, volunteer American soldiers were attacked on Mexican soil.

The Spanish didn't sink our ship in Havana, as President McKinley claimed.

The Germans sunk our ship, but President Wilson didn't mention the American guns on board which violated our declared neutrality. Wilson's Secretary of State resigned in protest.

Each of these presidential lies was an impeachable offense. There were no impeachment proceedings. We just looked the other way.

These three wars of choice redefined American exceptionalism into something very different from what the Founders intended. We were no longer exceptional because of our unique form of government. The federal government no longer existed to protect the sovereignty of the individual.

The government now existed to promote democracy abroad. Never mind that the American republic was never a democracy. (The Constitution established a republic. The Founders rejected democracy because it didn't protect the individual from the tyranny of the majority.)

Each war of choice made the next one easier. President Polk's decision to take the country to war against Mexico made President McKinley's decision to go to war against Spain seem less unreasonable. It is hard to imagine President Wilson taking the country to war against Germany if Polk and McKinley hadn't gotten their wars.

Now the Constitution was turned upside down. We were set on a trajectory that turned the government against citizens. Wilson tolerated no war dissent and severely limited civil liberties.

We could have turned back to the foreign policy of the Founders. Mexico was no existential threat to the United States. But the war was popular and Polk gave the people what they wanted and made the country richer. We could have stopped there.

The little war with Spain was avoidable, too. But that war was also popular, cost-free and journalism became an accomplice in war. We could have stopped there. But wars of choice had become a habit for ambitious Presidents — and Wilson was ambitious.

Wilson's decision to take the country to war against Germany was far-reaching. The rapid rise of Germany was a reality that the major powers in Europe had to recognize. The Germans built an economy greater in size than the combined economies of France, England and Russia. Rather than let the Europeans find their own solution, Wilson decided to enter into an "entangling alliance" against Germany.

Unlike the two earlier wars of choice, World War I became unpopular at home. Fifty-thousand Americans gave their lives to fight the Kaiser. Clemenceau and Lloyd George ran circles around Wilson at the Versailles peace conference. Wilson lost the peace and the Versailles Treaty was rejected by the U.S. Senate.

World War I made World War II inevitable. Wilson's war of choice created Roosevelt's war of necessity. The French and English demanded onerous reparations from Germany. The ensuing inflation destroyed the Germany economy. Hitler rose to power by exploiting the political backlash inside Germany. The Second World War was a continuation of the unfinished business of the First.

World War II laid the foundation for an American empire. Six million Jews and 30 million Russians perished. This led to the creation of Israel and the outbreak of the Cold War. The United States took over British bases around the globe, and our forward presence gave impetus to bin Laden, 9/11 and the permanent war on terrorism.

The 120 million who perished in these 20th-century conflicts died mostly because of the failure of the existing major powers to accommodate the new strength of Germany on the European continent.
The solutions to yesterday's problems create today's problems. We live with the choices made by those who went before us. Looking back, Woodrow Wilson was the worst President in American history: His intervention in the First World War was the equivalent of a European power coming to the United States during the Civil War and saying South wins, North loses.
Now the Germans are back in the driver's seat in Europe. The Germans are once again dominating the economy of Europe. The United States is sidelined by the weakness of our economy and our staggering debt. We have lost our way and don't know how to get out of the empire business.
This article was first published at The Globalist



Poverty in Ireland: the facts

Author: 
Brian O’ Boyle
Ordinary people hardly need to be told that times are tough. Irish living standards have been absolutely decimated over the last four years and now we have the statistical evidence to prove it.
According to the Central Statistics Office Survey on Incomes and Living Conditions (SILC) for example, around 250,000 Irish people are now living in consistent poverty.
This is up by over 50% from the 160,000 deemed to be in absolute poverty in 2009 as a combination of welfare cuts and service reductions take their toll on the most vulnerable.
Alongside absolute poverty, around 1 million Irish people (23%) now experience some form of deprivation.
Deprivation occurs when someone has a lack of basic necessities at least once during the course of a year.
This can happen across the board, but children are particularly vulnerable with one in five kids going to school hungry on a consistent basis.
Perhaps the most shocking statistic to come out of the SILC report concerns the growing gap between rich and poor.
The elites in this country have been very good at pleading poverty.
But the SILC report tells a very different story, with the top 10% of Irish households actually increasing their disposable income by 8% since 2009 at the same time as the poorest 10% lost 26% of their disposable income.
This truly is a case of the rich getting rich at the expense of the poor and a second study carried out by Social Justice Ireland has found similar results.
The headline figure in the Social Justice report found that there are over 700,000 Irish people in poverty.
This is defined as having less than €10,000 for a single person or €24,000 for a family of four, and it comes in the same month as the Sunday Times Rich List revealed that Ireland’s richest 300 people increased their wealth by €12,000 million over the course of two years.
From an average of around €165 million per person each of these people now has around €210 million.
Every cut to schools, hospitals and welfare could have been avoided if these incredibly rich people had been forced to contribute to the welfare of society.
Instead our children’s futures are daily being sacrificed so that the mega rich can continue to accumulate.
April 25, 2012 - 10:53
Topics: 
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Olympics London Breaking News ; Undie British Butt Bombers



Olympics London Breaking News ; Undie British Butt Bombers


category international | miscellaneous | news report author Friday May 11, 2012 11:13author by BrianClarkeNUJ - AllVoices Report this post to the editors
Human Rights Interned
British paramilitary police have arrested several human rights activists and interned them without trial in British Occupied Ireland, prompting accusations by human rights groups that the British government is silencing critics before the London Olympics. While Al-Qaida has publicly boasted that they are making hundreds of new underwear bombs for Olympic London. There are concerns that there are many other versions of the underwear and butt bombs in the pipeline and teams of bomb makers assembling them specially for the Olympics. U.S. security and members of Congress have been briefed the public. Rep. Mike McCaul, R-Texas, a member of the Homeland Security Committee said "They have a team of engineers, scientists and doctors. It's a little spooky. In my view, it’s very likely they have produced more of these."
 Undie British Butt Bomber Olympic Security
Undie British Butt Bomber Olympic Security
Meanwhile human rights activist Marian Price has been held in solitary confinement and tortured for over a year now along with Martin Corey, Gerry McGeough and other prisoners. Today a judge said that he had limited powers in cases like this, but:: "If I do not use what teeth I have, I may as well sit back and allow the prosecution to dictate the pace."He said that everyone was entitled to a fair trial within a reasonable period of time.The British prosecution requested a two-week adjournment to allow the papers to be finalized but Judge McElholm said he was not giving any more adjournments as there was no evidence before him.

However the British overlord Paterson ordered that Marian Price remain in custody, as the British come up with another trumped up charge to intern her and silence her ahead of the Olympic games. It is believed the British also intend to intern other human rights activists and political dissidents in London in carbon copy activity of what happened in Beijing four years ago. There is a gathering momentum on the issues and many believe that British Occupied Ireland will become the Tibet issue of the London Olympic.Today at an opening ceremony the Olympic flame was snuffed out a few minutes after being lit, serving as a bad omen for the games in London after an Irish soothsayer put an extremely powerful curse on the games. There are reports of increasing numbers of hotel room cancellations in London, amid heightening concerns of a terrorist attack, after the discovery of a sophisticated new underwear bomb, created by a British al-Qaida’s affiliate in Yemen specially for the London Olympics.

All-Qaida has publicly boasted that they are making hundreds of new underwear bombs for Olympic London. There are concerns that there are many other versions of the underwear and butt bombs in the pipeline and teams of bomb makers assembling them especially for the Olympics. U.S. security and members of congress have been briefed. Rep. Mike McCaul, R-Texas, a member of the Homeland Security Committee said, "They have a team of engineers, scientists and doctors. It's a little spooky. In my view, it’s very likely they have produced more of these."

Just days before the news of the new underwear bombs in the pipeline for London broke, an al-Qaida’s affiliate in Yemen publicly said, that it had vastly expanded its capabilities for making such devices. They now claim after obtaining “a large deal of chemicals from military laboratories" in a city in southern Yemen that they said, "the modest lab has transformed into a modern one," adding "Hence, no wearisome measures are taken anymore to obtain the needed large amount of chemicals for explosives," they said. "Also, the operations now do not lack money as before. Isn't it funny how America thinks AQAP has only one major bomb maker?"

U.S. intelligence estimates, the number of fighters ready for suicide attacks on London may be more than 1,000. John Brennan, President Barack Obama's chief counterterrorism adviser, said on Tuesday that U.S. officials are taking extra measures "to prevent any other type of IED similarly constructed from getting through security procedures." The U.S. Department of Homeland Security have issued new "guidance" calling for increased security at foreign airports, with additional pat-downs, intimate searches, as well as other extremely personal procedures for detecting such a typed of bomb.

Many have complained of the extremely intimate nature of British pat downs at airports, with many complaining of the perverse procedures adopted by the British. Many observers have compared them to the strip searches of Irish political prisoners, which borders on sexual assault and rape. Other complain that British official seem to spend far too long examining their crotch and anus and seem to be getting a perverse pleasure out of the procedure. Naturally as a result many people are cancelling their trips to the London Olympics.
Related Link: http://irishblog-irelandblog.blogspot.com/

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