Questions have been raised about the surge in the number of premises re-rated in 2009.
In response to a query from Cllr. Tony O’Donnell, the Council reported that so far in 2009, 21 premises have been re-rated in Kildare Town alone. This is up from a single premises in 2008 and none in 2007. The maximum increase in the rateable value, [...]
I see Alan Ahearne has told Fianna Fáil that a financial stimulus á la the US (or as Labour have demanded) isn’t appropriate for Ireland. This is a point I’ve made repeatedly over on Politics.ie.
Financial stimulus packages only work where there is a highly diversified domestic economy which sources most input materials from within the economy. [...]
Speaking on yesterday’s (Wed April 1) edition of ‘Today with Pat Kenny’, the economic advisor to the Irish Congress of Trade Unions referred to the recently bereaved as ‘brats’ and called for an increase in inheritance tax to 50%. Paul Sweeney has subsequently apologised for the use of the word ‘brat’, however ICTU says it stands [...]
David McWilliams boldly declared that “This is war: countries have to defend themselves” on RTÉ recently. He was implying that in Ireland’s current economic battles, we should be clear to the EU that all outcomes are possible. This would include the two nightmare scenarios for the ECB of a messy Irish exit from the euro, or [...]
The Irish Government have announced that they are to consider recapitalising the country’s banks to the tune of €10 billion. Recapitalisation is essential if the banks are to get back to lending to businesses and the public, and while the statement is still wishy-washy (willing to consider isn’t the same as action), it does represent some [...]
Brian Lenihan has announced a panel of 12 potential bank directors that will represent the public interest on our bank’s boards. This raises an interesting question. Directors are bound to work to deliver a return for shareholders, and to ensure that the operations of the bank are above board. The State hasn’t taken any equity, so [...]
As part of their alternative budget vision, Fine Gael have launched a new website – http://www.fairerbudget.com/ – which focuses on how the party proposes to protect the vulnerable while also ensuring that Ireland makes a swift economic recovery. The plan drawn up by finance spokesperson Richard Bruton TD identifies a number of measures that must be [...]
During Ireland’s Great Famine, a million died in a country that was exporting food. With historical hindsight, that rightly seems like a tragic contradiction, but a true record none the less. Sadly history is full of such contradictions, and we’re in the middle of another at the moment with a parallel 80 years ago.
In 1929, the [...]
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