Joe Higgins TD

Socialist Party TD for Dublin West

U-turn on burning of bondholders exposes Government yet again

Posted by Joe Higgins On September - 24 - 2011

In June the Minister for Finance, Michael Noonan, was in Washington DC and held talks there with the International Monetary Fund and with the US Treasury Secretary, Timothy Geithner, on Ireland’s financial crisis. The Minister made headlines in the world’s financial media and got massive coverage in the Irish media when he declared that the [...]

The European Financial Stability Facility was a measure designed, not in the public interest as is claimed in the Title to the Bill, but really fundamentally to salvage the European banks and major European speculators from the consequences of their reckless lending over the previous ten years. Members are aware they gambled wildly on property [...]

Joe on Leader’s Questions earlier today questioning the Taoiseach on the Government’s capitulation to ECB over burning of bondholders. As the Government has reversed plans to put €3.5 billion of losses onto Senior bondholders of Anglo Irish and Irish Nationwide, Joe questions why it is ordinary people yet again who are made to bare the [...]

‘We are the hollow men/We are the stuffed men/Leaning together/Headpieces filled with straw.’ So opens the famous poem by TS Eliot and closes with the lines, ‘This is the way the world ends/not with a bang but a whimper.’ Critics may fight over the meaning of the poem but those opening lines would he highly [...]

Joe Higgins’ opening contribution at the National Forum of the Campaign Against Household and Water Tax last Saturday Joe discusses lessons from previous campaigns, including the Anti-Bin and Water Charges campaigns, the importance of the campaign being centred around non-payment and how the structres of the campaign must be fully democratic to encourage participation of [...]

It was a question of ‘Walk, Walk’’ rather that ‘Talk, Talk’ as the telecoms/internet company of that name brutally consigned its workforce to the scrapheap the day before yesterday. Walk away from their 575 staff who had served them loyally. Walk away from the Waterford area which has experienced a number of similar shocking announcements [...]

Leading Campaign Against Household & Water Taxes activists announce first steps of building non-payment campaign National Organising Forum of Campaign to take place next Saturday at 1:30pm in Teacher’s Club in 36 Parnell Square “Minister Phil Hogan’s statement yesterday that people will ‘pay through the nose’ for water is a true indication of what ordinary [...]

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