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Iceland, Ireland - plastic economies

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-25-10 04:38 AM
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Iceland, Ireland - plastic economies
promoted by the neo-liberals. There are no paper economies on this planet.
Yet again the people are at the mercy of oligarchs who pulled off another paper scam.

And now the Irish people will face a fifteen billion pound austerity package.
Wake up people of planet earth - they are stealing everything.

http://www.bbc.co.uk/news/business-11829811
<snip>
The Irish government has unveiled a range of tough austerity measures designed to help solve the country's debt crisis.

Among the spending cuts and tax rises are a reduction in the minimum wage, a new property tax and thousands of public sector job cuts.

The four-year plan is designed to save the state 15bn euros ($20bn; £13bn).

The government is also negotiating a bail-out package with the EU and IMF, expected to be worth about 85bn euros.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-25-10 06:03 AM
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1. The oligarchs make the people pay for their
Slash and Burn policies.

Shared sacrifice my ass.
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-25-10 07:02 AM
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2. Just like royalty.
When the kings and queens had overspent their coffers (usually by starting useless wars) they would increase the taxes on the poor peasants to pay for it.

Now our corporate aristocracy merely pressures their bribed politician of choice.

Our new feudalism. There is no rule of law. Everyone is controlled by the whims of CEOs.
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