Could this be the worst piece of business in the history of the world? Last Thursday, Dublin Finance Minister Brian Lenihan handed Allied Irish Bank €3bn of taxpayers' money to save it from going under. He could have bought the entire bank that morning for €600m.
Paying 500% above the odds for a property which you won't own afterwards may seem as mad to you as it does to me. But it's not the worst piece of business in the history of last week.

It was totally inappropriate that there should be a bombing in Derry on October 5th.

Ireland is currently experiencing the worst recession in its history; with the financial fallout from the property and credit booms of the Celtic Tiger period Irish economic activity has declined at a rate four times as great as that of any other European country. Not only did Ireland experience the biggest property and credit bubble in world history but due to the actions of the current Fianna Fail/Green Party we now have the most expensive bank-bailout the world has ever seen. Fears of national bankruptcy stalk the country.

Fianna Fail is talking as if there is an economic ‘recovery’. Is there any basis for this?

Fianna Fail have bankrupted the country.

Fianna Fail is in turmoil and they want to dump Brian Cowen. According to party insiders, Cowen has a communications problem because he does not use his spin doctors properly. Normally, government Ministers get ‘briefed’ from about an hour before a major interview but the Taoiseach went straight on the airwaves with a massive hang-over and made a fool of himself.
But the real problem is not communications or hangovers – but Fianna Fail policies that serve and protect the wealthy.

Tuesday, 21 September 2010

The gunslingers of RAAD were in action again at the weekend, opening fire on residents of the Creggan estate in Derry.

Moldova's first constitutional referendum organized on September 5 by Alliance for European Integration (IEA) on the amendment of Article 78 of the country's constitution adopted in 1994, having as object how to choose the country's president was invalid because of the poor turnout. The final results announced Thursday, September 9 the Central Election Commission (CEC) in Moldova indicate turnout in the referendum on 30.29 percent, while the minimum threshold for its validation was the third of registered voters in lists.

In modern society, there is such a surfeit of information that, paradoxically, important information is often missed. The Comptroller and Auditor General’s report is a case in point. In this dry-as-dust official report is contained a wealth of revelations about how the elite rob and control our society.