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The Saker
A bird's eye view of the vineyard

offsite link Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

offsite link The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog.  We are also making archives of the blog available for free download in various formats (see below). 

offsite link What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

offsite link Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
2023/02/27 19:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland
Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.

offsite link Julian Assange is finally free ! Tue Jun 25, 2024 21:11 | indy

offsite link Stand With Palestine: Workplace Day of Action on Naksa Day Thu May 30, 2024 21:55 | indy

offsite link It is Chemtrails Month and Time to Visit this Topic Thu May 30, 2024 00:01 | indy

offsite link Hamburg 14.05. "Rote" Flora Reoccupied By Internationalists Wed May 15, 2024 15:49 | Internationalist left

offsite link Eddie Hobbs Breaks the Silence Exposing the Hidden Agenda Behind the WHO Treaty Sat May 11, 2024 22:41 | indy

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Farage Calls for Referendum on European Convention on Human Rights Wed Jul 24, 2024 17:39 | Will Jones
Keir Starmer says he will never withdraw from the ECHR because there is "no need" and Rishi Sunak did not disagree, despite it being the reason he failed to stop the boats. Nigel Farage says it's time to ask the people.
The post Farage Calls for Referendum on European Convention on Human Rights appeared first on The Daily Sceptic.

offsite link Fifteen Year-Old Swiss Girl Taken into Care After Parents Refuse to Consent to Course of Puberty Blo... Wed Jul 24, 2024 15:00 | Dr Frederick Attenborough
A Swiss girl has been been taken into care because her parents stopped her taking puberty blockers, breaching a ban on conversion therapy. Is this what Labour means by a "full, trans-inclusive ban on conversion practices"?
The post Fifteen Year-Old Swiss Girl Taken into Care After Parents Refuse to Consent to Course of Puberty Blockers appeared first on The Daily Sceptic.

offsite link Net Zero is Impoverishing the West and Enriching China Wed Jul 24, 2024 13:30 | Will Jones
The West's headlong rush to jettison fossil fuels and hit 'Net Zero' CO2 emissions is impoverishing us while enriching China, which is ramping up its coal-fired industry to sell us all the 'green' technology.
The post Net Zero is Impoverishing the West and Enriching China appeared first on The Daily Sceptic.

offsite link The Threat to Democracy Wed Jul 24, 2024 11:29 | James Alexander
'Populists' like Donald Trump and Nigel Farage are a "threat to democracy", chant the mainstream media. In fact, they are just reminding our politicians what they are supposed to be doing, says Prof James Alexander.
The post The Threat to Democracy appeared first on The Daily Sceptic.

offsite link In the Latest Weekly Sceptic, Nick Dixon and Toby Young Talk About Biden?s Withdrawal, Kamala Harris... Wed Jul 24, 2024 09:00 | Toby Young
In the latest Weekly Sceptic, the talking points are whether Biden was the victim of a palace coup, Kamala Harris's staggeringly bad speeches and Kim Cheatle's humiliation.
The post In the Latest Weekly Sceptic, Nick Dixon and Toby Young Talk About Biden?s Withdrawal, Kamala Harris?s Chances and the Kim Cheatle?s Shame appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Dublin - Event Notice
Thursday January 01 1970

Take Action On October 1st - No Billion Euro BailOut #YouAreNotaLoan

category dublin | rights, freedoms and repression | event notice author Wednesday September 26, 2012 07:06author by Occupier - #OccupyDameStreet Report this post to the editors

AIB - We Are The Incoming Missile
No Billion Euro BailOut
Take Action On October 1st
#YouAreNotaLoan
AIB - We Are The Incoming Missile
AIB - We Are The Incoming Missile

'Austerity' in Ireland - the transfer of wealth from the majority to the few- is slowly tearing the lives of ordinary people apart. The stresses of impossible debts, unemployment, and insecurity, are eroding the fabric of society in Ireland. Can anyone blame those young people who are emigrating in droves, for leaving in search of some kind of future? The country is being gutted.

Each autumn, the government embarks on a terrorising rampage against the people. Household taxes, property taxes, water charges, social welfare cuts, cuts to state pensions, cuts to public services, cuts to carers allowances. Measures that make the difference between life and a living death. This horror show has no taboos. To top it all, we are told to be thankful that the punishment is not even worse.

Anyone can see by now that the stance of the current government, and the 'Troika' that commands them, is that the financial crisis provoked by wealthy speculators will continue to be paid for by ordinary people, starting with the weakest. For ordinary people, there will be no recovery. The Troika regime will continue to strip the flesh from the bone, until we stand up and stop this process in its tracks.

As autumn turns to winter, we are making a call to other people to stand alongside us. We want you to join us, to stand against the obscenity of billion euro payouts in public money, diverted away from hospitals, schools and social services, to unsecured bondholders in Irish banks.

Next week, one billion euro will be paid by AIB, which is basically owned lock stock and barrel by the State, to unknown, unsecured senior bondholders. These speculators took a gamble on the Irish economy and lost. But the government and the Troika agreed that ordinary people in Ireland would cover these losses, through cuts to health services, cuts in benefits, and the imposition of a host of taxes that burden the poor and benefit the few. Banking debt is now the tool used to dismantle democracy, and to reshape Ireland and other countries across Europe into societies based on despair for the many and immense riches and privileges for the few.

Take action with us on the 1st of October. Let us stand together for a society based on real democracy and solidarity, not servitude and fear. We call on others to join in this action and make it their own by getting together with their friends, workmates and families and making their presence felt at their local AIB branch. Our intent is to be loud - but resolutely non-violent. We ask those supporting this call to treat AIB frontline staff with the same respect with which we would like to be treated in such a situation. They are ordinary people too. The destructive payment of these unsecured senior bonds will affect them and their families too.

This obscenity cannot be allowed to continue unopposed. We have to make it clear that these payments do not have our consent. Let us bring an end to the paralysis induced by fear, by acting together in hope. We invite others to sign this call alongside us. We are the ones we have been waiting for. We always were.

Related Link: http://www.aib.ie/personal/home/branch-locator-list
author by Tpublication date Mon Oct 01, 2012 23:27author address author phone Report this post to the editors

Today was supposed to be the day that the government was handing over our money to some poor unfortunate AIB bondholders. They've really had a rough time worrying whether we would be kind enough to give them the money, but they shouldn't have worried because we haven't disappointed any of them in the last 3 years.

Given that the population is around 4.5 million, this means that for every man, woman and child in the country, approximately €222 was handed over for just today. But if we re-calculate this in terms of the number of people working which is approximately 1.8 million then the figure is even higher at €555 per person after tax and this can work out from (in terms of before tax income) anything from €840 at 30% tax and €1,110 for 50% tax. The tax is calculated from the 20% and 40% rate with an extra 10% added due to universal social charge and PRSI

But it's even worse because you probably haven't realized it, that so far this year Irish Banks have paid €18 billion or ( €18,000 million) to bondholders this year. I wonder what we paid last year and the year before?

When we work this out per working person for this year we get for the two different tax rates used above:

@ 30% (=20% rate + USC + PRSI) €15,120
@ 50% (=40% rate + USC + PRSI) €19,800

But remember, the bailout was for €90 billion not €18 billion and it is quite likely there is other money not officially on the books but for which we would likely pay for. Anyhow using the official figure, then the above figures become:

@ 30% (=20% rate + USC + PRSI) €76,500
@ 50% (=40% rate + USC + PRSI) €99,000

Lets put those figures in perspective. For lower figure of €76,500 this would be for a tax rate of someone earning probably less than €33k per year and it is more than twice their salary. In the old pre-bubble days, what a bank would lend you for a mortgage was about 2.5 times your salary. This is a mortgage and you don't even get to own anything at the end of it. Whats more you probably have to pay your real mortgage out of the same wage even though your real mortgage is probably at least €150,000+ higher than it should be thanks to the nexus of banking-developers-estate-agents-media during the bubble years with a little bit of help from Bertie and the boys in FF.

And for the €99,000 well what can you say. Its just that much more madding than the lower figure

And please remember while you are paying the speculator mortgage, your own mortgage and you have probably had a wage cut of 15%, you are paying more for the rapidly deteroriating health service, more for schools and college, household tax, water charges shortly and very likely high road tax, energy bills and everything else. But sure the Irish don't mind. We're not like the Greeks.

If you think that is okay, then I should point out that I didn't even count in the interest payments on the €90,000 million which could be very high over the period we are stupid enough to continue paying

 
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