I’m almost a month behind the crew over at Danger Here on this one ( How Andy Lost Friends ) but then I never was one for deadlines, was I ? We have learned recently, via the gossiping aul wans of Irish soccer journalism, that the ‘rumoured bust-up’ between Giovanni Trappatoni and a […]
Archive for November, 2008
Listening to the scramble to carve up the Irish banking system, and to the Government’s response, I couldn’t help but think of the following clip from Goodfellas.
This morning in work the idle chatter which usually develops in the short moments before my co-workers and I turn to our daily tasks settled inevitably on the Fás expenses debacle and Mary Harney’s controversial ‘wash and blow’ dry. I entered into the spirit of the conversation to a certain degree – I alienate […]
In something of an event Michael Taft’s essay ‘Towards a New Economic Narrative’, has just been published on Irish Left Review.
Michael’s article is a 10-point plan for sustained economic recovery based on the following principles:
• Fiscal expansion.
• Demand expansion
This is a lecture David Harvey gave on 14 November 2008 at the City University of New York Graduate Center. The MP3 is hosted on Harvey’s website, Reading Marx’s Capital.
Harvey begins the lecture by talking about the current banking crisis, and whether this is a fatal crisis for neoliberalism. He states quite quickly that […]
Government as the ‘employer of last resort’ is not a new idea. It worked well for the Nazis in the 1930s, and could work again here.” (Lorcon, commenting on David McWilliams’ site, 23 Nov. 2008)
Perhaps because I hadn’t checked the news properly that day but while I was publishing our first ILR podcast, an interview with the criminologist Dr. Paul O’Mahony on the Sunday before last, I had no idea that Shane Geoghegan had been murdered in Limerick in a case of mistaken identity.
The murder itself was clearly […]
That’s how much Ireland Inc. owes in mortgages.
That’s how much Ireland Inc. has ‘invested’ in buy-to-rent properties, around €23 billion of that taken out in the past five years.
Thing is, this figure contains mortgages that were taken out on vastly-overpriced properties, and as such, any move to re-capitalize the banks must go with […]
That was then…
Ireland’s decision to guarantee Irish banks’ deposits and debts for two years to calm investor concern could be followed by other countries. This may be a template for rescues elsewhere if Irish banks can replenish their capital base,” Harvinder Sian, a fixed-income strategist at Royal Bank of Scotland Group Plc in London said […]
It’s no secret that we’re big fans of Michael Zweig here on Dublin Opinion. Below is a two-part interview with Zweig, conducted with Bill Moyers. It took place in October, around the time of the American bail-out - now under review as the American Treasury wakes up to the fact that it’s going to have […]