And the people were cheated by putting their faith in politicians who were so easily hoodwinked.
And the people were cheated by putting their faith in politicians who were so easily hoodwinked.I'd suggest that politicians have been cheated by the capitalist banking community who engineered the 'too big to fail' scenario, whereby Governments were not in a position to let certain banks fail.
Communism is a form of socialism, you can hardly argue differently. And Cuba's health system is abysmal despite the likes of Michael Moore portraying it as some mythical success story.Cuba, North Korea and Eastern Bloc countries have or had little or nothing to do with socialism. We could learn a thing or two from the Cuban health system, which focuses on prevention rather than cure, but that's for another day.
It's the other way round, politicians created a system through regulations that made it impossible for small new financial institutions to be created, thus resulting in a small number of companies growing ever larger. And just because a company is large does not mean that it cannot be let fail.I'd suggest that politicians have been cheated by the capitalist banking community who engineered the 'too big to fail' scenario, whereby Governments were not in a position to let certain banks fail.
they should lock them all up trow away the key.
Do you have a lisp, Deise?pithy & to the point.
Very easy way to save money in the public sector at one fell swoop would be to limit pay increments to the top 25% of performers in any given year.
Also the Croke Park Agreement should be torn up. It's completely unaffordable.
To get a dramatic saving, with no impact on front line services - immediately cut all public sector pay and welfare by at least 10%.
Cutting all public sector workers' pay by 10% and further fundamentally altering the terms of their employment by withdrawing increments from the majority of workers, and you think it won't affect front line services...Good one!!
How would it?
How would it?
Ah no, you're right. I'm sure the whole public sector would just lie down and take it!!
No they wont lie down and take it , but IMO they will take it eventually .
Do you agree that anybody who relies on the Public purse for their income is in for some serious cuts in the coming year ?
I think weather the public vote yes or no to the treaty this is the only certainty.
Public service/welfare reform is not going to be a pleasant process but it is a process that has to be tackled .
Yep, there's also be a big increase in mortgage default. Short sharp shocks aren't the answer.There would also be a knock on economic effect; presently public sector workers may feel they have some degree of stability (under the CPA). If this is taken away, and wages cut further, with no certainty about whether there'll be yet more cuts still to come, then you'll have another class of people who will stop spending money in the economy and plough all their disposable income into savings... that's more jobs lost in the private sector.
Costs vs benefits... not always as simple to weigh up as you might hope.
Leaving aside the welfare issue, I agree completely that further reform in the public sector is needed, but people need to be aware of the consequence of tearing up the Croke Park agreement - it would effectively be the end of social partnership.
I'm still the right side of 30 and not politically interested TBH, but my older colleagues in the PS tell me that social partnership effectively sidelined the unions, relative to how things were back in the 70's & 80's.
So if you tear up social partnership, an inevitable consequence will be an even higher level of union activism, more industrial actions, strikes etc... and the creation of a hostile environment where it could become very difficult to implement change.
There would also be a knock on economic effect; presently public sector workers may feel they have some degree of stability (under the CPA). If this is taken away, and wages cut further, with no certainty about whether there'll be yet more cuts still to come, then you'll have another class of people who will stop spending money in the economy and plough all their disposable income into savings... that's more jobs lost in the private sector.
Costs vs benefits... not always as simple to weigh up as you might hope.
Do you agree that anybody who relies on the Public purse for their income is in for some serious cuts in the coming year ?
Well I suppose we will disagree on that point ,but who do you think will fund the ongoing overspend and on what conditions in 2013 ? Irish citizens through more direct and undirect taxes ? IMF ? ESM ?
Well I suppose we will disagree on that point ,but who do you think will fund the ongoing overspend and on what conditions in 2013 ? The bailout program, same conditions as we currently have..
Irish citizens through more direct and undirect taxes ? yes
IMF ? yes
ESM ? No, as the bailout covers 2013.
Tell me this. If we do what you suggest and vote no, how much will we have to take out the economy to balance our books in 2014 so we don't have to borrow?
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