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October 28th, 2009
Rich get richer as rest of us pay for their mistakes
McDonald’s pulled out of Iceland yesterday. This is an enormous moment because it is the first time the McDonald’s machine has admitted defeat in a modern, sophisticated country. A few years ago, this would have been unthinkable.
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October 26th, 2009
Banks leave SMEs high and dry
In his first public speech since being made governor of the Central Bank, Patrick Honahan – one of the finest economists we have ever produced – sounded almost apologetic about our overvalued currency. He made the point that if we still had the Irish punt, our exchange rate with sterling would be 1.18 and getting stronger by the day.
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October 22nd, 2009
Leviathan: NAMA – The Only Show in Town or Criminal Theft?
Wed 28th October 2009 8pm
The Button Factory, Temple Bar, Dublin 2
In association with Delta Index
NAMA: The Only Show in Town or Criminal Theft?
The Government has proposed a National Assets Management Agency as a solution to the banking crisis. Its supporters describe is as “the only show in town” but increasing numbers of critics are calling [...] -
October 21st, 2009
Addicted to Money: Part 3 – Peak Everything
Part 3 of the three part series, Addicted To Money, titled Peak Everything.
Please feel free to post comment and reaction to this episode below.
Further info & links:
RTE web page: http://www.rte.ie/tv/programmes/addicted_to_money.html
Viewers based in Ireland can view the program on the RTE website (see link above)
Credits
Addicted To Money is produced by Australian production company Electric Pictures, in [...] -
October 21st, 2009
We are limbering up for a scrap with ourselves
As the 10.50 train from Galway to Dublin pulls out of a rainy Tullamore, it is difficult not to conclude that the country is in a garrulous and angry mood. My neighbour — a middle-aged woman with grown-up children — has just got off but she was livid, venting spleen since we left the fields of Athenry.
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October 19th, 2009
Nama is rescue plan for the elite
Do you remember back in school how the smart lads in the top class looked down their noses at the other lads in the streams below them? I have distinct memories of the fellas in the top stream at my school, many of whom went on to be doctors and lawyers – and who are now at the top of their professions, having a lofty view of their own abilities.
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October 14th, 2009
Addicted to Money: Part 2 – Nowhere to hide
Part 2 of the three part series, Addicted To Money, titled Nowhere to hide.
Please feel free to post comment and reaction to this episode below.
Further info & links:
RTE web page: http://www.rte.ie/tv/programmes/addicted_to_money.html
Viewers based in Ireland can view the program on the RTE website (see link above) -
October 14th, 2009
We must make farming part of ’smart economy’
The other day, while travelling by train to an interesting conference organised by Network Ireland in Westport, I was struck by just how lush our country is. Field after field of well irrigated, arable land suggested that we are probably not touching close to our agricultural potential and that is despite the fact that agriculture is still our biggest indigenous industry.
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October 12th, 2009
Nama is highway robbery
Last Wednesday night at the Historical Society in Trinity College Dublin – the Hist, as it’s known – Professor Joe Stiglitz, winner of the Nobel Prize in economics and former chief economist of the World Bank, gave a stirring speech about the impact of globalisation on the poor.
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October 7th, 2009
Addicted to Money: Part 1 – Who Killed the Economy?
Part 1 of the three part series, Addicted To Money, titled Who Killed the Economy?
Please feel free to post comment and reaction to this episode below.
Further info & links:
RTE web page: http://www.rte.ie/tv/programmes/addicted_to_money.html
Viewers based in Ireland can view the program on the RTE website (see link above) -
October 7th, 2009
It’s time for Greens to think outside the bubble
Over the past decade, it was only a matter of a few minutes following the final score before my phone rang. If the victory was particularly impressive, it was a call. If it was a less impressive victory, it was a text. The text read something like “Ye Leinster Langer”! Deductive reasoning told me Munster had won and my cousins in Cork were just reminding their Jackeen relation of this fact. If you are a Dub with Cork cousins, this ritual has been a regular part of the Irish sporting calendar. I’ve had to bear it stoically for some years.
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October 6th, 2009
Capital solution to banking mess
The saga of Independent News &Media (INM) and the clash of the two Titans involved is the stuff of a Hollywood blockbuster. If you ever had the pleasure of reading a book like Barbarians at the Gate, you will notice the similarities in the characters, the battles and the likely outcome.
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October 5th, 2009
Don’t believe the hype, ‘Yes’ vote won’t save our economy
The massive swing to the pro-Lisbon camp reveals something enormous about our state of mind now, our insecurity and more than anything else, our fear of what is to come. It says more about the state of the economy than our perceptions of European integration.
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