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POPE FRANCIS PLANS to visit Ireland in August next year, the Vatican confirmed today, four months after Taoiseach Enda Kenny announced what will be a landmark trip.
A senior Vatican official told journalists that Pope Francis “will do everything he can” to attend the World Meeting of Families.
Cardinal Kevin Farrell announced plans and final dates for the ninth edition of the gathering of Catholic families, which is to take place on 21-26 August 2018.
Francis will be the first pope to visit Ireland since John Paul II in 1979.
Kenny ruffled feathers by announcing the pope’s plans to visit after an audience at the Vatican in November, at which point the Holy See had not even confirmed any of the pontiff’s 2017 travel plans.
The Taoiseach has praised Pope Francis for improving the church’s efforts to combat sex abuse by clerics – an issue on which he had accused the Vatican of “dysfunction, disconnection and elitism” in 2011.
At their meeting in November, Kenny and Francis discussed the possibility of the pope’s visit including a leg in Northern Ireland.
No decisions have been made on that front amid fears of the region’s peace deal unravelling due to Britain’s decision to leave the European Union.
Cardinal Farrell told reporters the theme of the 2018 World Families Meetings would be the Church’s conception of married life between a man and a woman.
The last gathering of its kind, in Philadelphia in 2015, was also addressed by Pope Francis, who has made family life one of the central themes of his papacy.
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“hard to stomach for Ireland”?
Sure Enda in his infinite wisdom has already ruled out any discussion on debt relief. Enda is Ireland’s biggest disadvantage in any negations on debt relief.
It’s a disaster for Enda and FG if the Greeks get a deal.
It has always been a disaster for Ireland having FG and FF before them negotiating on our behalf – this is not a problem for our Taoiseach. This might finally be personal disaster for Enda, and this is the only thing he’ll take seriously, and maybe consider resigning.
Labour surely are the Loony Left – they can’t see the opportunity here for IRELAND !
And they agreed to pay 66% more in debt repayment last year than Greece on a pro-rata basis …
I hope Enda and Michael haven’t invested in funds that are riding Irish Bonds – or their families either as some reports from Europe might suggest ..
If Europe has evidence on corruption in Ireland and didn’t supply it while at the same time allowing Trichet’s letters through then Europe is very liable in a collusion sense to Ireland being attacked illegally from within and without !
That’s the thing about Trojan Horses – highly flammable if the lads hiding in it are found out !
Its quite simple, “don’t ask, don’t get”. Why can’t the idiots in Leinster house see that.
Ff fg labour sold out its people because plain and simple to save their banking buddies they are a treat to our way of life and need to step down.Business comes first and the people come second highy dangerous._
Noonan killed any further chance of relief a few days ago by saying our debt situation was comfortably sustainable.
Between the 2 of them, they have gaurenteed deprivation in this country for decades.
When they said they were negotiating behind closed doors we were all stupid enough to assume it was on our behalf..
Enda couldn’t negotiate himeself out of a paper bag to be honest!
Noonan’s primary role is the defence of the Nation’s wealth against attacks from the outside ..
Is he that spiteful that he wants revenge for the Irish soundly rejecting him when he had the chance to become Taoiseach and didn’t because of his treatment of Bridget McCole – or was that after the election he rammed to oblivion on behalf of Fine Gael ?
Time will tell and Mr. Noonan will be shown as much sympathy as he has shown Ireland is my guess ..
“Thanks Ann !” as he said himself – on the telly .
The problem is that End hasn’t the “balls” as they say .
What if we dressed him up in a dress and sent him out they might have a little bit of mercy for us then ? Can’t hit as woman and all that – think like the germans with Angela – the doteen !
I’m sure he wouldn’t mind – he’d do anything for Ireland as Taoiseach I’d say !
“For Ireland Enda , for Ireland !”
Greeces debt is no longer about banks .. Its us that have loaned them the money.. If they dont repay anyone it will be us as taxpayers that have to pay and we cant afford it and why should we.?
If we want a deal on our debt, we need to elect a leader europe will fear.
Ffs this Greek government has only been in power a wet day and already they may get a better deal than us because of a bit of pressure being applied. What kind of spineless muppets do we have running this country. OMG we don’t stand a chance with the take the safe road gombeens in Leinster house we’ve been shafted and have doomed our future generations having to pay back debt.
Correct Sergeant its about austerity and your right we can not afford the cost of austerity any more €7.2 billion a year is not sustainable. Let us hope the Greeks do manage to get a deal that Ireland can also take advantage of.
Sergeant Yates ……. #irish water owe us way more than Greece does …….
Enda and his classmates want to remain there teachers Favourite, Miss Merkel is now looking after new class B, So class A is hoping class B won’t find teacher as kind as she was to the class A boys. Boo Hoo !
Are they looking for a debt swap – Germany gets Greece’s debts……..
Can someone explain what their plan is exactly…..they’re still plannin to pay back all their debt but in a different way yea?
What type of bonds will the debt be replaced by & what way will that have to be repayed?
They didnt get any deal yet.
Noonan was speaking days before we sold a 30 year bond at 2 percent which can be used to pay off IMF loan borrowed at 5%. Would you have preferred he gave the impression we were about to default?
Sergeant Yates the FG troll!
Its beginning to appear that the detrimental financial decisions made in Ireland was because a few of our own had vested interests and stood to lose out from the burning of the bondholders, choosing to heap their loses on to the Irish people instead.
Hit nail on head.
Exactly, like our Finance Minister who has significant interests in Bonds (German, Chinese etc) Massive conflict of interest and something which is never brought up….!!! We must ask WHY?
As one economic commentator said today we are sending TEACHERS to negotiate with the descendants of RICHELIEU AND BISMARCK what chance do they have?
Journal how can we have a debate on issues if you keep taking down posts where is the democracy in that.
Agreed it’s a joke
Anyone who pays into a pension has an interest in bonds.
Anyone who votes has an interest in Government.
Enda is hoping the Greeks fail not to confirm him as the coward he is. It easy sit on the fence and blame everyone but yourself.
All the best to Greece. They stood up for what they believed in. Let’s hope their approach works. And let’s hope people over here take note.
Accumulating vast debt, then expecting someone else to pay for it isn’t really a “belief”.
In Greece, its just a way of life.
Someone should tell the banks that Business Cat.
Kerry the banks in Greece were not the primary problem at all unlike in Ireland where they brought down the State. It was all Govt debt in Greece unlike in Ireland because the Greek state lied and cheated and falsified their national accounts and borrowed money under false pretences. They also understated and disguised the total amount of borrowings. They still have a problem with endemic and widespread tax evasion. The problem other Govts have with them is precisely this issue which the Greeks have never really owned and which does not bode well for their future. Having said all that the Greek situation is unsustainable and they need a fix to get them back on their feet. Debt rescheduling may help this process allowing Greece to return to real growth but they will need to commit to a real reform in their tax culture and civil governance including the appointing of civil servants by someone other than politicians.
John R Tsipras has already said he wants to address the Greek tax culture. Also never forget the EU knew that real state of affairs in Greece but ignored it to ensure Greece could join the Euro.
Absolutely right Kerry. And if Europe didn’t know the real state of Greek finances, then they are incapable of yhe job.
Actually, the main problem for Greece has been the Troika conditions themselves since 2010… contracting the economy, causing mass unemployment and vastly increasing the debt/GDP ratio more by decreasing GDP than any increase in the debt side of the ratio.
Greece would have suffered some downturn and unemployment from the EU-wide and Global banks’ pyramid scam crash, but the Troika program at least doubled the tragedy…
The IMF made a number of absurd forecasts in agreeing with the Troika program that Greece carried out in near entirety…
Real GDP growth:
2010 IMF program forecast for 2012… +1.1% growth….vs actual… -7.0 % (contraction by 7%)
for 2013…. +2.1% growth… vs actual …. -4.2% (contraction)
Unemployment:
2010 IMF program forecast for 2012…. 14.8%…. vs actual…. 24.3%
for 2013 …. forecast 14.3%…. vs actual…. 27.3%
This is with Greece doing what they were told to do in the Troika program….
To design a program which misses targets by such huge margins is either masive incompetence (which the IMF now admits..for its part) or was never intended to assist the Greek economy, rather merely to ensure that Greeks borrowed enough, and for long enough, to repay all those German, French etc banks holding Greek bonds… (likely the EU/ECB motivation).
This should sound familiar to us, because precisely the same was done to Ireland. It has always been a question of blindly following the neo liberal script…. creditors come first, whilst the real economies of citizens get trashed & softened up for predatory firesale asset purchases and privatisation of public assets and monopolies.
Read more about Greece here:
“Germany has a convenient but flawed collective memory”
http://bilbo.economicoutlook.net/blog/?p=30094
And an article on the IMF’s recent review of Ireland’s situation here:
http://www.pieria.co.uk/articles/the_imfs_lament_for_ireland
Note also, it is not just that Greece is now showing up the Irish political classes for the self-serving Euro bum likking sc-m bags they are, for their consistent and total failure to represent citizens’ interests over those of the Capital classes, but Ireland’s mainstream economists and public servants in the Dept of Finance (and elsewhere with any economics responsibility) don’t come out of this any better – either total incompetents and/or self-serving toe rags for Capital interests.
Hi John R. The tax issue in Greece is complex, income levels so low among the lower paid that the tax take on income is almost non existent so all tax takes has to be coming from the well paid.
What government in Europe want to tax the well off? Biting the hand that feeds them comes to mind.
Mike Hall, that is a superb analysis! It is credible and valid, in my opinion.
2 great links Mike, thanks very informative
Wasn’t our own ESRi consistently releasing bogus forecasts?
John & Anthony, thanks!
Cowenwatch, yes, they all were, and still are.
This is because the mainstream economics theory underpinning what amounts to an ideology, neo liberalism – is utterly bogus. Critics call this basis for growth whilst taking money out of an economy, reducing aggregate demand (or stagnating it) – Austerity – the ‘Confidence Fairy’.
This is because the mainstream economics actually believes it is based on ‘Confidence’ – literally, these clowns believe that when citizens see Gov spending being slashed, benefits & health and education services cut, taxes increased etc., then we will all feel more ‘confident’ in the future due to this supposed ‘prudent’ operation of Government. (That is why you hear the expression ‘confidence’ so much in economics commentary.) But, we all have less money (or no more), so the expectation of this ‘confidence’ is that we will all extend our personal borrowing from banks in order to spend and grow the economy, reduce unemployment etc.
I’m not kidding here. This is the mainstream ‘theory’ that people like John McHale and the fiscal advisory council base their economics policy on. Of course, the economic ‘models’, are so inscrutable – many would say deliberately so, akin to running Catholic services in Latin (highly analagous to religeous dogma in fact) – that this ‘confidence’ notion and the many other absurd assumptions about human behaviour, are all conveniently hidden from view & never discussed in public media.
The models in wide use today are called DSGE or Dynamic Stochastic General Equilibrium models, hugely complex mathematical things run on vast computers, all costing, literally €billions and employing thousands of economists. But the mainstream economics ‘profession’ had decided over many decades of deliberation that money, debt and banks did not need to be factored in to these models.
The thinking went that for every debtor, there is a balancing creditor, so money & debt were ‘neutral’ in economic effect. Well…. that didn’t work out so well in 2008 did it? (In reality, contrary to the incorrect version in macro economics textbooks, that the Bank of England thought it necessary to publicly explain last year, banks create new when making loans, so have a huge impact on the economy… as the BoE said.. “… loans create deposits…” and “… some textbooks are wrong…”. How coy! All the textbooks say exactly the same about banks’ lending – ergo they are ALL wrong, not just some!)
But this is the reason the economics profession, with the exception of a handful of ‘heterodox’ schools, long frozen out of the mainstream academic journals, had not the slightest clue the global economy (or most of it – the N American continent & Europe) was about to collapse in 2008, as a result of banks & bank lending (debt). (Only the Federal Reserve flooding the banking system with $29 trillion of liquidity averted collapse. Yes, I said trillion. This actually happened. Even whilst the Fed refuses to be audited in defiance on Congress – note where real power lies – various methods have provided reasonable estimates.)
Again, I’m not kidding here. The economics mainstream is pure intellectual fraud, and has been for decades. A period from the 1970s to the present that we can call the neo liberal period, where nearly every economist has been trained in mono-theology monoculture of macro economics nonsense, unrelated to the real world. A vast edifice of bogus assumptions, hidden behind acres of obscuring mathematics, that amounts to nothing more than an ideology driven by the vested interests of the Capital owners, most especially the bankers. This was the basis of the Thatcher/Reagan ‘trickle down’ economics that we now know, without any question of doubt, has done precisely the opposite… Well, who would have thought eh?
But not only do our mainstream economists, including many politically ‘progressive’, note, lack any macro economics competence – because they were trained that way – but it seems they lack much any integrity or intellectual honesty.
They are now, quietly, trying to incorporate money and banks into their ‘models’. But they have so many bogus theories and assumptions about how society functions that what’s really needed is to throw it all out…. and start listening to those heterodox schools, quietly criticising this mess for decades. Like the Post Keynesians, notably the MMT branch. (The ones that explained why the Euro, as designed, would fail in exactly way it has, as far back as 1990 – cf Wynne Godley.) But they are refusing to do any of that… with whole careers based on nonsense, they are just carrying on collecting the salaries. And of course, their biggest employers – banks and financial institutions – have no interest in reforming anything anyway. The system was designed by them – including the Euro, still in crisis – because it works just fine for their (minority, Capital owning) interests.
There is no question whatever that future historians of economics will view this period in the same terms as the early astronomy of a flat planet Earth at the centre of a Universe constructed in seven days by a sky fairy. It is that bad.
Sorry for the long post!
If Greece get this deal expect the following from Kenny and his pimp Merkel
‘The Irish people should feel so proud that they didn’t need to do it this way’
Proud my arse, if they’re not paying we are not paying either. But you’re right, that expression has Kenny written all over it.
Honour among thieves?
Yanis Varoufakis looks like a hard b*stard whereas Kenny looks like a sissy!
Does the article not state that Greece are still planning to repay all their debt but just in a different way no?
Kenny is a poodle. Varoufakis a rottweiler. Therein my friends is the crux of the matter.
Exactly Tracey
This is the difference between having a government with a spine and the invertibrates we currently have to suffer here. Ten days in power and they are achieving more than FG/Labour have in 4 years.
Last year Irelands debt cost almost as much to service as Greeces, despite being €100 billion lower. Thats our ‘reward’ for being the star pupil of europe, rubs on the head for inda nothwithstanding.
Dear voters of Europe working to pay off the sins of the wealthy, the message is clear….
Look Left, Change Everything.
enda asked for a deal the day he was elected.took the lefties 10 days to even ask….mmmmm
BWAHAHAHAHA!
yes you just got owned
I ‘got owned’
Does your mammy know you’re using her smartphone (for your suspended twitter account)
please proceed shinnerbot…
The fact that the Greek proposals are an unworkable economic joke seems to appeal to Werespammin.
No surprise he’s a shinnerbot with a characteristic grasp of economics.
Gerry and Pearse should come out and endorse the plan to add ‘intellectual weight’.
What deal was that Enda asked for mrgillhouley?
Mrgillhouley, nobody cares about your silly tribalism. FG have sold Ireland up the river just like FF did, simple as that.
You just have too much blind loyality to them to see it. I feel for you really.
Johngahan, when are you going to show us your Masters in Economics???
My guess would be never because you know nothing about economics.
I love the way that FG trolls just call anyone that goes against FG a “Shinnerbot” when they have nothing of value to add.
FAO FG trolls. Not everyone that comments against FG is a “Shinnerbot”. We just hate FG, everyone in FG and everything FG stands for (and that’s coming from someone that stupidly voted FG based on their lie infested manifesto at the last election)
I checked out the previously posted articles by “Mr Gillhouley” on other articles.
He has a habit of trotting out the same old tired and hackneyed expressions and accusing anyone who expresses any disagreement with FG policy and FG politicians as Sinn Fein supporters.
For Mr. Gillhouley, it is FG, right or wrong, FG all the way, even over a cliff. Mindless, thoughtless and party partisan comments.
The poor man is an embarrassment to himself and to the FG party but he also shows us that firm and fixed attitude that party loyalty trumps everything else. He is a party hack, given to buffoon like comments and silly remarks. It seems that FG needs these unfortunates to convince itself that it is not entirely politically lost. Sad. When a party has supporters such as “Mr Gillhouley” , its fate is going in one direction.
The new Greek government have done more to tackle their problems in one week than what the clowns in FG have done in 4 years.
As Fintan O’Toole pointed out the Greeks are currently paying 8 billion a year towards their debt of over 300 billion yet Ireland have debt of 100billion less than the Greeks but are paying 7.5 billion each year. Why can’t our idiotic government spread out our debt repayments out like the Greeks to reduce our yearly burden, who as it stands have a far better deal and are going to get an even better one. Meanwhile in Ireland Kenny, Noonan et al think our debt is manageable….how have we such an inept bunch of traitorous wimps masquerading as politicians in this country?
Compound interest.
Its not our debt pat its the banks debt they messed up and so did the politicians we are the fools to be paying it back.Its pure theft plain and simple._.
The government already did that.
The Anglo prom note matures in 2035 & the IMF loans have all been refinanced at half interest on a 10yr term.
Bobby a lot of it is our debt and not bank debt. We have been borrowing billions to finance our current expenditure deficit although this is thankfully declining but bank debt does make up a fair portion of the overall debt.
John R you are wasting your time trying to explain the facts to the angry tracksuit brigade. These people run on emotion and facts play no part.
Hi Dave – you will notice when you read John R’s comment again that he stated ” but bank debt does make up a fair portion of the overall debt”
So what are you banging on about?
Hi shak,
Once AIB is sold, the bank debt will amont to 17% approx of our national debt.
Great to see the Greek politicians standing up for the people.
they asked for a deal just like the irish government did
The Irish government (current) have not asked for a deal. Any reductions like the dropping of the punitive interest rates originally agreed was changed by actions by other countries and not Irish government actions. Unless your referring to that famous “seismic shift” of Enda?
Enda: “Please Angela can we have a deal?”
Angela: “No…”
Enda: “OK sorry for asking”
The Greeks have shouted but our crowd just whispered.
The difference mrgillhouley is that the Greeks won’t run home crying after the EU says no the first time.
@Goon
I’d say it was more like this:
Enda: Miss Merkle please….can we……..
Merkle: SHUT UP!!
Enda: ok
You must have misheard, the irish government asked for *tea
@goon4life
Even though I hate Arsenal, I love your comment.
Shows how stupid and chicken our politicians were, are and will always be. Not an active brain cell of note between these overpaid idiots.
what have they done that we didnt, they have asked for a deal just like we did?
Iv read this article 5 times now & I’m very confused why everyone is so happy…..
The government got elected on the promise of debt right-down but within days are now saying they will pay back all debts but are looking to restructure it……how is this different to what we did?
It’s not, msk.
I’m no Labour voter, but the economic suicide bombers here are lauding the Greek communists when in effect they have watered down their demands and done some breathtaking uturns on their election promises.
….isn’t that just what labour did?
Athens way ain’t happening, ever.
David
Are we the only people who read the article or does everybody else not want to realise that the Greeks have done exactly the same as us but for some reason theyre great but wer idiots!?!
The difference msk is greece are negotiating to allow their economy to grow first and then repay their debt slower allowing an easing of the austerity measures which allows the people to recover first instead of the bondholders. You are right in that they have changed from looking to have their debt reduced but at least they are putting the people first which is opposite to what ff/fg/lab did with our nehotiations with the troika
So if our government got our interest further reduced & restructured to repay our debts over a longer period would people be happy then?
I don’t mean to be hard on the Greeks, they’re trying their best & rightly so, but holding them up as heroes when they’ve done pretty much the same as we’ve done sounds ridiculous to me!
The Greek Minister for Finance is an interesting person.
Varoufakis’ academic specialty is game theory, the study of strategic decision-making.
James Galbraith, a fellow UT Austin professor, told Bloomberg that Varoufakis was as knowledgeable “as anyone on the planet” and would “be thinking more than a few steps ahead” in negotiations with Greece’s creditors.
Of course, few could match the sheer, verve, talent, bravery genius and talent of Enda Kenny and Michael Noonan. Then again, perhaps not!
The smell of cowardice coming from Leinster house is sickening.
@Anthony Lang
Completely agree, when you Google Varoufakis and Noonan then compare the two it is hilarious! Noonan did an English and Economics degree then became a school teacher! Varoufakis has too much relevant experience and qualifications to list! Noonan beats him hands down politically but he’s still a bloody school teacher! We need learned businessmen running our economy like Varoufakis! Not a 72 year old that did an economics degree in1965!
Can Noonan get onto this? – there might be a way that we can pay the Greek interest to look even better to the EU.
Context: See today’s Fintan O’Toole column:
‘Last year, Greece paid €8 billion to service debts of €315 billion. Last year too, Ireland paid €7.5 billion to service debts of €214 billion. So it cost us almost as much to service €100 billion less. Why?’
My opinion is that Michael Noonan is the worst, with a vested interest, person in the world to represent Ireland at this level, and should be jailed for his treacherous actions in Europe. But then again, the people of Limerick and Enda Kenny like him, so what can we do in this “democracy”.
When the truth comes out about what they are really up to behind the scenes the backlash will be savage !
That’s my prediction and saying they did for Ireland won’t wash !
Not long now before the Bank whistleblower comes along …and then we’ll have fun !
Cash doesn’t mind itself you know !
The Troika’s difficulty is Ireland’s opportunity – End and Michael Noonan – OUT FAST!
(..of office that is ) ……
Enda in Davos and Noonan in Bilderberg show that they are on the wrong side !
I’m just here to read the FG troll comments who are terrified that enda and co are about to be exposed…once again….as the lily livered cowards they are.
Greece seek a deal to help their citizens, fg seek a deal that keeps their citizens in perpetual austerity.
Ireland found the crisis in the opportunity.
Greece found the opportunity in the crisis.
One in your eye fg now please crawl away and just f. Off crawlin, lyin, horrible loosers
Any Chance we could do a swap deal , as in we give Greece enda kenny & they give us their new leader??
Greece demonstrates the potential for the triumph of originality and assertiveness over orthodoxy and passivity, assuming, of course that the deal is eventually successfully done.
They who dare may win. Those who dare not, fail.
you talk like they have achieved something, what exactly?
mr your reading comprehension is dismally poor.
Anthony I’ll repeat Mr’s question again, what exactly have they achieved that everyone seems so happy about?
They’re just looking to restructure the national debt yea?
They’re now intending to still pay it back?
Msk, perpetual bonds and loan swaps, tied to a mechanism of servicing out of real economic growth entails a long terms debt repayment deferral, indefinite, and reduced cost.
As I explained the deal is not yet cut but there was an impressive explanation on RTE tonight after the news.
We are seeing the Greeks look for lateral and creative solutions. I don’t have enough information on the mechanics of what is proposed but I admire the opening up of the potential range of options. Widening the options is the best approach in an otherwise guaranteed disaster.
I’m intrigued by the use of BATNA but the Greeks are playing a highly sophisticated game well beyond my limited capacity to appreciate. It’s like a club chess player looking at Grand Masters. You have some impressions but you can only read a limited amount of their play.
This is like nothing that I’ve ever seen before.
Hope it works for them whatever it means!
This is hilarious ‘will ya take a car battery instead’ – priceless stuff from the lefties
Labour are the lefties – they said no water charges and were given huge salaries to keep their word – that’s the Loony Left !
Why do you criticise Labour so ?
Joan will be unpleased you calling her “Loony ” – whatever gave you that idea ?
Mr…do you even know the credentials of the Greek finance minister?
yes he is a lefty, nothing else needed
It would seem he’s much too over qualified for a politician. He might even do a good job
Perpetual Bonds – lol.
Mr…With that comment you have proved you’re nothing more than an ill informed moron.
Noman, IO read the 2nd edition of the Global Minotaur back in 2013 and I found it to be a profound and insightful book.
Here are just some of the English language versions of some of his books.
Varoufakis is an original and perceptive analyst.
Economic Indeterminacy: A personal encounter with the economists’ most peculiar nemesis. London and New York: Routledge, 2013 (ISBN 0415668492)
The Global Minotaur: America, the True Origins of the Financial Crisis and the Future of the World Economy. Zed Books, 2011 (translations in German, Greek, Italian, Spanish, Czech and Finnish); second edition 2013
Modern Political Economics: Making sense of the post-2008 world. London and New York: Routledge, 2011 (with Joseph Halevi and Nicholas Theocarakis)
Game Theory: A critical text. London and New York: Routledge, 2004 (with Shaun Hargreaves-Heap)
(ed.): Game Theory: Critical Perspectives. Volumes 1–5, London and New York: Routledge, 2001
Foundations of Economics: A beginner’s companion. London and New York: Routledge, 1998
Game Theory: A critical introduction. London and New York: Routledge, 1995 (with Shaun Hargreaves-Heap)
Rational Conflict. Oxford: Blackwell, 1991
(ed.): Conflict in Economics. Hemel Hempstead: Harvester Wheatsheaf and New York: St Martin’s Press, 1990 (with David P. T. Young )
His next book currently has the working title Reverse Alchemy: Europe on the Road to Disintegration.
One might be forgiven for thinking that he is more expert than our own rather conservative Minister for Finance, who is so beloved of right wing supporters
ouch
Joan “Looney” Burton – Is that what you on about Mr.? You shouldn’t call her that she is a highly respected international politician who has always carried herself with the highest of decorum ..
as exampled here on our National Television show the “Vincent is gonna get ya show ”
https://www.youtube.com/watch?v=DG_ii1xiYOU
Our own minister is all so a bondholder he dont give a shite about ordinary folk.Isn’t he only a teacher what qualifies him to be able to fix economy._
Well mrgillhooley can they possibly do Greece any more of a disservice than the huge mountain of debt and corruption that’s existed under the previous govts their. The policys of the last few gov’t there have led them to the situation there in now and no one can dispute that, so to blame the new govt is ridiculous.
Even then joan is living in denial thats what happens when a politician earns to much money they get out of touch with the people her time is done thats her legacy shafted the people of ireland a sell out tratior.
The head of an Irish – Sate owned Bank is an Englishman who was a seconded advisor to the British Government from Barclay’s Bank – Is this appointment a security threat to the Irish and their Constitutional protection of their family homes ..
How could this man understand Irish Law or indeed be bound by Article 9.3 of the Irish Constitution –
I expect our Gardaí are vetting like they vet Teachers or like the Department of Agriculture vet Farmers with inspections !
I would address my concerns to the Department of Justice but they are reported as being a secretive bunch !
What private information has this Englishman been allowed to mine as they say in the business ?
This question should never have to be asked given all the high quality graduates our universities have produced ..
-
“It would be hard to stomach for Ireland” yes the people of Ireland but not its politicians as they are a gutless waste of space bunch of European ar-se lickers
I live in Denmark. When I lived in Ireland I was a Fine Gael supporter. On leaving I became acutely aware of the quality of many Irish politicians. They are an interesting bunch. You have the cute hoor type continually looking for the “stroke” that will push them further up the ladder. There are the disillusioned clock watchers who are killing time until they qualify for pension. There are those who take it seriously but lack the knowledge for the job and rely on their civil servants. There are also the self serving career politicians who are there to make money and advance themselves. What was very rare was a combination of talent and patriotism or the wish and ability to serve their constituents. Looking on now from afar it seems nothing much has changed, yet. Hopefully people have woken up and will not just ask what candidates will do for them but are they qualified to run a country.
Ireland’s debt is primarily as a result of our deficits.
€64bn out of €214bn is bank debt.
Half of that will be recouped through the sale of AIB.
So €32 bn approx will remain from Anglo. Not a piffling amount but only a small part of the story being spun by shinners and AAAnarchists.
The point being that the vast majority of our national debt into the future is fully owned by the people of Ireland as a result of Irish governments spending more than they take in in tax.
If I hear the word bonds am going to do something crazy .
The problem here is there is no credible opposition.
Obama likes the Greek plan.
Clearly the US have inspected their bondholdings and decided their hedgefunds and fat cats aren’t too exposed.
Unlike they were to Irish banking bonds.
A setup, how can you end the debt slavery with “bonds”
Greece owe over 300 BILLION,they will never be able to pay that off.They will have to get a reduction,exit the euro or sell off all their islands.
Ireland owes €214 billion, looks like we’ll need to sell Cork going by that logic.
Population of Greece…11 million.
Population of Ireland….4.5 million.
If Greece can’t pay their debt….what chance have we?
The Greeks are mere mortals.
The Irish are heroes. We can do anything at all until we find that we can’t.
Ireland is highly conformist and conservative. We crave the approval of others.
Greece just wants to survive.
Why cork?
” that would avoid the need for any of the country’s €315 billion mountain of foreign debt to be written off.”
So, NO WRITE OFF.
“The approach would avoid creditors having to take a ‘haircut’ on the Greek debt, an outcome that is fiercely opposed by several EU countries led by Germany.”
REPEAT – NO CUTS TO CREDITORS
Greece have CHOSEN to take the very same path as Ireland and operate mechanisms to REPAY THE DEBTS IN FULL – Just like we did.
Great news for Greece if they can avoid any future pain on the normal people in Greece.
A ggod and sensible approach – which in hindsight is exactly what we did.
This may not sit well with the electorate in Greece, it certainly won’t sit well with SF or the far left – but there you go folks – It’s Ireland way for Greece – whether you like it or not.
Noonan’s interests 2013:
NOONAN, Michael (Limerick City)
1. Occupations Etc. ………….. Reduced pension from Department of Education, this has been surrendered to the Exchequer: Department of Education, Hawkins House, Dublin.
2. Shares Etc. ……………….. Shares: (1) SPDR Dow Jones Industrial Average ETF; (2) SPDR KBW Banks ETF; (3) Ishares FTSE 100 ETF; (4) Market Vectors Agri Business ETF; (5) Lyxor EuroStoxx 50ETF; (6) ETFS Agricultural Commodities ETF.
3. Directorships ……………… Nil
4. Land (including property) … 20 acres of mixed pasture & woodland attached to my residence at Mt. Trenchard, Foynes, Co. Limerick: woodlands & farmland which is let.
5. Gifts ……………………… Nil
6. Property supplied or lent … Nil
or a Service supplied
7. Travel Facilities ………….. Nil
8. Remunerated Position ……. Nil
9. Contracts …………………. Nil
But more shockingly Roisin Shortall declared a gift of 224 circus tickets…….. by coincidence there are 224 Oireachtas members (if you discount Shortall and the Ceann Chomhairle)!!!!
have your say