Throwing good after bad…
I wrote a draft of this post at the start of the year but eventually shelved it because I thought it mightn't hold much interest for the Plain People of Ireland. But now here we are, coming to terms with the horror of impending financial disasters as they spread across the Eurozone–and [...]
Tuesday, September 8, 2009
Local TD's celebrate their expenses
Have you been reading about the TD's expense accounts? Of course you have, it's been saturating the papers for weeks. The media really love bashing our benevolent overlords, don't they?
I usually take a contrary view whenever newspapers get all 'Daily Mail' over an issue like this. I try to see behind [...]
Wednesday, November 12, 2008
Who's the clown now?
We've all debated the famed US$700Bn bailout ad nauseam, but unbeknownst to us another larger one has slipped under our radar. Maybe we're too tired after McCain/Obama to care. But let's plough on regardless.
Emergency loans spread over 11 programs have allowed the Federal Reserve to funnel enormous amounts of cash to Wall [...]
Thursday, October 9, 2008
[Video of Paulson in March]
The cupboard is bare and the emperor has no clothes.
They're out of real money. All they can do is print as many promissory notes as they possibly can before the whole lot hits a zero value.
AIG is back for more. $37.8bn following $85bn last month. Why don't they just give them [...]
Wednesday, October 8, 2008
This is your pension
Will this $700bn bailout work? No and why should it, the last one didn't. It's the current U.S. administration's last ditch attempt to raid the cookie jar and treat their Wall Street buddies before the election next month.
And let's be clear about this. The U.S. government is not giving anyone any money–because [...]
Running on empty
You may not have heard about it but a so-called 'liquidity crisis' caused the second-largest bank failure in U.S. history last Friday. This means that they ran out of money to repay their depositors. Frankly, this is not surprising–it's only surprising that it doesn't happened more often.
The global economy is structured in such [...]
Pointy-haired Boss
There is a strange modern term which encompasses sociability, interpersonal insight, conflict resolution, and communication. It's called 'people skills'.
It's a rare and valuable skill set. Well, maybe not all that rare. We all know people who seem like they can talk to anyone, or who say the right thing at a funeral, or can [...]
Hello Kitty
I'm sick of companies adding on charges to prices after I have decided to purchase. V.A.T. comes to mind, but at least there's an excuse for that, however paltry. No, I'm referring to 'handling fees' for credit card purchases.
Ticketmaster have had their share of Liveline airtime, but Ryanair are of course the acknowledged Shaolin [...]
