Tomás Ó Flatharta

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“Thousands Expected at People-Power Protest in Dublin over the Cost of Living” – Interview with Eddie Conlon

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Des Derwin reports :

Something good, as well as Gene Kerrigan, in the ‘Sunday Independent’:

Sunday Independent interviews Eddie Conlon, Cost of Living Coalition and PBP activist

‘A ‘people power’ movement hopes to see thousands of demonstrators take to the streets of Dublin next weekend, in protest over the spiralling cost of living.

The number of rallies has increased around the country in recent weeks — but next Saturday’s planned demonstration is expected to be by far the largest.

Organised by the Cost of Living Coalition, which is supported by over 30 national organisations, it is sending a clear message to the Government: people cannot afford looming energy bills, and should not be forced to pay them.

The coalition was set up in March by Eddie Conlon, TU Dublin (formerly DIT) sociology lecturer and a long-time activist for People Before Profit.

The Crumlin native was previously involved in the anti-nuclear movement.
“I’ve been politically active since the 1970s, but I’ve never seen such unity in any campaign as this one,” he said.
“It has support from so many organisations and from every generation. This is a huge issue in society. People are frightened. People are worried about the bills that are due to arrive.”

In the UK, a movement called ‘Don’t Pay’ has urged people to cancel their gas and electricity direct-debits from October 1, with over one million people already pledging support. Is the Cost of Living Coalition poised to make the same call to people living in Ireland?
“The coalition is not at this point calling on people not to pay.
“But the reality is that some people just won’t be able to pay these bills. What we need from government is a clear ban on people being cut off for not paying a bills if they cannot afford it,” he added.

The coalition is supported by People Before Profit, with TD Paul Murphy recently throwing his weight behind it.
Sinn Féin and the Social Democrats are backing the movement, as are the Union of Students Ireland (USI) and the Irish Senior Citizens Parliament, among many others.

“As people prepare to turn on their heating in the coming weeks, the cost of energy is about to become more critical than ever,” said Conlon.
“This is about people power. It’s about people coming together to say ‘enough is enough’. We expect thousands of people at the demonstration next weekend.

“I think, since Covid, people have really started to see the cracks in our society and need their voices to be heard.”

The extremist far-right in Ireland have recently tried to associate themselves with the Cost of Living Coalition, making occasional appearances at rallies.

“They have nothing to do with us,” Mr Conlon said. “We have nothing to do with the far-right. We are about unity. What they do is seek to divide people.
“People want to be able to lead a decent life and have their basic needs met without having to pay through the nose for it. The premise of this coalition is to give ordinary people the opportunity to say, ‘we can’t put up with this.’”

They’ll sit in the cold themselves — but they won’t do that when they’re minding the grandkids’

Sue Shaw, CEO of the Irish Senior Citizens Parliament, a member of the coalition, said she has “no doubt” that “momentum is building” around how unaffordable energy bills are becoming. She said older people are particularly worried about the cost of heating their homes in the coming months.

“Two-thirds of older people in this country are solely reliant on the pension. Over the past two years, we have already seen heating oil, coal and turf increase by 137pc.

“The Government is trying to pitch old against young during this situation. But we have decided to all come together in this coalition.

“The accommodation crisis is impacting younger generations more — students in particular, and people who can’t afford to buy their own homes because of high rents. This coalition is about bringing every generation together and being united in saying: ‘We will not put up with this.’”

Ms Shaw said her organisation has already begun to receive calls from worried older people, who have been buying warmer duvets in preparation for the winter, in the hope it will reduce the need to switch on the heat.

Others talk about plans to spend large parts of their days in the coming months in public libraries, as these facilities turn on the heating.

“The anxiety is building. Some older people who mind their grandchildren, because their own children can’t afford childcare, are worried about their bills. They’ll sit in the cold themselves — but they won’t do that when they’re minding the grandkids.”
Ms Shaw advised the Government to “start listening” to the public mood.

“The coalition is not right now advocating people should not pay their bills. But if people don’t have the money, what can they do?

“Older people might be retired — but let’s not forget how much we contribute to society. As well as childcare for their families, older people make up a huge part of our voluntary sector.

“And of course, the Government should also remember that older people are the generation who vote.”
Both Ms Shaw and Mr Conlon criticised “profiteering” by energy giants, who they say are making millions in the midst of this crisis.

“We need price controls on energy. There is major profiteering going on. The ESB are making a lot of money right now,” Mr Conlon said. “There needs to be taxes on the energy companies. The Government just need to start listening to the people. Because the people must be heard.”

The coalition’s protest is due to get underway in Parnell Square, Dublin, at 2.30 pm next Saturday.’


End of article. Note I’ve corrected the time for the march which the Sindo got slightly wrong – Des Derwin

Good Days for Financial Parasites, Friends of the Fine Gael-Labour Government

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In case you were wondering where the €427 million to be ‘saved’ by the cuts in welfare spending in 2014 (€390 million in 2013) is going (childrens allowance, respite care grant, PRSI increases for low earners, etc) or where the household and ‘property’ tax money is going – here’s a snapshot of today’s activities: payments to bondholders on Dec 17.
Check out who’s paying out, by hitting ‘A good day’ below.
http://cedarlounge.wordpress.com/2012/12/17/a-good-day/
BoI (Bank of Ireland) and EBS (now merged with AIB). They are paying ‘Senior Unsecured’ bondholders – rich people who bought bonds from the banks with no associated collateral to guarantee repayment – and therefore a higher rate of interest. The banks used the money raised from these bond sales to fund the developers – and together they drove up land and house prices. Since the crash, these bonds have been trading on the bond markets for anything up to a 50% discount – but the banks are paying out full listed price to current bondholders.
There again, let’s not think the bankers are losing too much sleep over giving a euro for a bond bought for 50 cent: the money they’re using to pay the bondholders is state / your money (the state is the payer of last resort, because it can raise the money by taxing you and me), or money borrowed from the ECB with the state / you standing as guarantor. And the state, Labour and Fine Gael, the EU and the ECB, are all insisting that full payment is made on what are otherwise almost worthless bonds.
As to who decides these matters, you might think that the state would act in the interests of citizens. It does indeed do that – but for the wealthy citizens. So when you hear that well-hackneyed phrase ‘protecting the most vulnerable’, have a think about how vulnerable those bondholders must be – coz they’re sure getting a lot of protecting.
The state put €5,000 million into BoI since 2008 (when it was bankrupt and nobody else would give any money) and got 50% of its shares in return. 35% of those shares were sold earlier in the year by Michael Noonan to billionaire Wilbur Ross for €1,000 million. In doing so the government agreed to give him a little prezzie of €2,500 million: he only paid €1,000 million for shares the state paid €3,500 million to the bank for. The state still owns 15% of the bank and has a ‘public interest director’ on the board. But he hasn’t met the minister for finance for over a year (he’s been busy working out the bonus payments for the other directors).
That €2,500 million discount to a billionaire is an interesting contrast to the respite grant cut to the full-time carers of people with disabilities – at a ‘saving’ to the state of €26 million.
As to AIB-EBS, the state owns 99.9% of it. And put in over €20,000 million. So the bondholders are getting the whole whack from state ‘injections’ of capital; or from borrowings made with the state as guarantor. The Irish banks have been ‘recapitalised’ (given money or had borrowings guaranteed by the state) with €17,400 million set aside for next year’s bond payments alone. And more again for the following years.
Did I hear you say ‘child benefit’?
The €500 million Labour and Fine Gael hope to get from ye through the ‘property’ tax in 2014 will help out with the €9,100 million interest payments on the money borrowed by the state to fund the banks and their debts to speculating bondholders.
So as you can see, your money’s going to good use – sure wouldn’t ye only waste it on food or drink or keeping warm if it didn’t go to ensure payment to those ‘most vulnerable’: bondholders – the people who are really being protected. Check out the Indo a while back for the wages and expenses of Ireland’s bank directors. And as you may have heard, the Financial Regulator (state employee) has told the banks that they must increase their charges and interest rates to get back into profit asap. So you’ll be helping the ‘most vulnerable’ in multiple ways: cuts, taxes, and bank charges. Mother Teresa couldn’t do more!
If all this has you feeling a bit irritated, put Saturday, Feb 9, 2013, in your diary – it’s the day of protest being convened by ICTU against the austerity required to keep the rich well provided with Prada bags (running out the door of Brown Thomas at €900 a go). And tell your friends. If we don’t have a big turnout in Feb – and another big demo before the €3,060 million ‘promissory note’ payment for Anglo on March 31, we can kiss goodbye to any hope of stopping the home tax – or repudiating debts which are not ours (or our children’s).
Brendan Young

Have They Gone A Bit Mad in Cavan and Fermanagh, Ted? – Michelle Gildernew MP (SF) says Seán Quinn “is being punished for having the audacity to ‘buy the bank; and for being an ordinary man from Fermanagh”

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The Fall of the Seán Quinn Family Empire has angered many people in the bankrupt billionaire’s home county of Fermanagh and its near-neighbour Cavan, where a demonstration of over 4000 people assembled in Ballyconnell on Sunday July 29.

Supporters include the Sinn Féin Fermanagh-South Tyrone MP Michelle Gildernew :

 Even Sinn Fein MP Michelle Gildernew has come out to defend the family, telling this newspaper that what has happened to Mr. Quinn was “wrong”.

“He has been treated disgracefully by the Irish Government. Had they not tried to strip him off all his assets, including his home, deny him the ability to function in business, and routinely try to humiliate him I believe he would have paid back every penny he owed to the Irish taxpayer.

“He accepted he had done wrong, but all our attempts to make the government show some comment sense were ignored. He is being punished for having the audacity to ‘buy the bank; and for being an ordinary man from Fermanagh who is hugely respected by his community,” she said.

The support hasn’t gone unnoticed by the Quinns who say they will be “forever grateful” to everyone in both Fermanagh and Cavan “who have stood by us as they have been doing for nearly 40 years now”.

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