As every Radio, TV and social media outfit in Europe, including here in Ireland, is talking about Greece, the 50% haircut etc, I thought it would be useful for those of us who read the…
Monthly Archives For October 2011
Peter Radford | Thoughts on The Ethics Of Economics
Peter Radford | Thoughts on The Ethics Of Economics Medicine has its famous injunction: first do no harm. Economics ought to abide by that rule too. It is a massive evasion of responsibility for the…
We have a dream: towards a Euro-Mediterranean social strike
The following was first published in Spanish by Madrilonia, a Madrid-based blog that writes about and participates in social movements. Madrilonia has been involved in the 15-M movement, which began with the mass protest organized by Real…
Stop The Billion Dollar Heist March This Saturday 29th of Oct. Meet at Garden of Remembrance @2pm
From #occupydamestreet Stop The Billion Dollar Heist: On November 2nd 2011, next Wednesday, a $1,000,000,000 bond comes due at Anglo Irish Bank. This bond is unsecured, unguaranteed, a bond we have absolutely no obligation to…
Sutherland and McDowell et al: Safeguarding the Rights of Certain Individuals
I’m finding the whole inquiries referendum debate rather baffling. We’re not supposed to trust politicians to inquire into things, because they could be biased. And because the kindly misters Sutherland and McDowell tell us too….
Quick Follow-Up on the Fiscal Council Story
Third time’s a charm. Following on from two previous posts (here and here), tracking the stat-bending the Irish Fiscal Advisory Council was engaged in, we can now put that issue to rest. The Fiscal Council has…
The Relation of Profits and ‘Austerity’
In what may be an important development the Financial Times reports that, in return for accepting much larger ‘haircuts’ (imposed losses on the value of the bonds they own) bondholders are demanding that there must be…
The Billion-Dollar Heist – For Whom The Bell Tolls
From Diarmuid O’Flynn of Bondwatch Ireland and the Ballyhea bondholder bailout protests. On November 2nd 2011, next Wednesday, a $1,000,000,000 bond comes due at Anglo Irish Bank. This bond is unsecured, unguaranteed, a bond we have absolutely…
The Banks Have Burst
From Eoghan O’Neill, co-ordinator of Repudiate the Debt campaign. On Monday the 24th of October 2011, the river Liffey burst its banks. What the people of Dublin witnessed was a month’s worth of rain fall,…
Why is the Government Going to Pay the 700 million Unguaranteed Anglo Bond?
I’m sure like me, readers of this have been consumed with the great debate going on in Ireland at the moment. Apart from the rain and receding flood waters, it’s all anyone wants to talk…
Open letter to the foreign speakers at the conference: Iceland´s Recovery—Lessons and Challenges
Rakel Sigurgeirsdóttir, an Icelandic teacher from Reykjavík sent on this explanation for the open letter (below) that is addressed to the foreign experts invited to attend the Iceland´s Recovery-Lessons and Challenges conference, being held on…
A Selection of Videos from Saturday’s #OccupyDameStreet March
Here’s a selection of videos from Saturday’s Occupy Dame Street march Images are viewable on facebook. Billy Bragg with There is power in the Unions: The Internationale: There was something rather magical singing the Internationale…
A Point of Process: Occupy Dame Street Moves into its Third Week
In Occupy Dame Street practice, we indicate a point of process by making a letter “T” with both hands (like time out in basketball, for instance). We also call it a technical point. It is…
Do Not Panic. Kill All Actors!!
“No point getting toilet paper. It will be miles away by now.” Here is Leonardo Da Capo and Kate Wimslet above from the new movie Contagion!, which is already spreading like an incurable rash across box…




