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The Real Green Party 11 Point Plan.

youngdan

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It is well time to put forward an 11 point plan. Far surpassing the crapola from George Lee. None of this ostrich stuff either.

1. First and foremost it is time to read the writing which has been daubed on the wall for over two years. Ireland as noted long ago is caught in a deflation spiral and it is powerless to escape. The only escape is to hope for outside help or radical measures.

2. It is impossible to borrow 500 million week in and week out. It has a lot further to fall. The latest forecast(hope) is for 34 billion in tax revenue. Forget about it it will not break 30.

3. The losses on the banks will be far higher than predicted. Newly released figures for AIB alone shows 28 billion in late mortages and a higher loss than predicted just a few weeks ago. Losses of 100 billion could be on the cards easily and that is optimistic.

4. If the scam of NAMA can be pulled off the national debt will stand at 150 billion euro. This can never be paid. Why should the taxpayer pay for debt he did not take on. He would be a fool to.

5. Ireland has a choice to make. Enter debt enslavement for years or declare it's independence. The politicians who leech off the system and their hacks on this site will urge austerity and an IMF bailout.

6. The IMF are country vultures who will pick Ireland bare of whatever assets it has. They will not bail out Ireland. They will bail out those people owed money by Ireland. The actual Irish people will be squeezed for the last cent.

7. Ireland must withdraw from the EU immediately. They are not our friends and they are not our mother. Ireland must stand on it's own two feet. Anyone who wants to be European can resettle on the mainland.

8. The national debt must be defaulted on right away. Likewise the bonds and foreign deposits of the banks as well as corporate bonds. This would remove about 500 billion of debt from around our neck.

9. The Punt would be reinstated. It's value would derive from the legal tender laws and domestic accounts would be protected with punts and contracts changed over.

10. The money supply would be stable so therefore the budget would be balanced and deficit borrowing would be a thing of the past. Exports would match imports. The welfare state would have to be drastically scaled back but this is both unavoidable and a good thing. Taxes would likewise be drastically reduced. Corporate income tax would be abolished and free enterprise zones would be set up.

11. All foreign aid would end immediately but people would be encouraged to donate privately. Foreign nationals in Ireland would be told that they could stay and be welcomed as long as they became Irish. To assist them they would be treated exactly the same way the Irish are treated which would be very sparse handouts




So there are my 11 points
 


TradCat

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Reading that I picture somebody in a uniform running the country.

But you do have a point in that ordinary people are going to be screwed for a debt they have no responsibility for. I expect my children to emigrate in order to avoid it as will most of their generation.

But I wonder will it start to make sense for even older people at some stage. I could see a lot of perople heading north which would have some interesting long term implications.

At the very least we need an election this year so we can elect a government with a mandate to get serious about spending cuts.
 

libertarian-right

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A very radical change that would be no doubt resisted. We are actually going in the opposite direction to this.

youngdan said:
4. If the scam of NAMA can be pulled off the national debt will stand at 150 billion euro. This can never be paid. Why should the taxpayer pay for debt he did not take on. He would be a fool to.
Quite correct, fools will only stay here to be taxed out of their brains. The smart people will leave.
 

youngdan

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Would it not be beter that instead of the children emigrating to avoid the debt, the debt would be emigrated to avoid the children.
 

libertarian-right

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It's like pressing the reset button. Will international investors come back to ireland after us making all debt null and void?
 

TradCat

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You might well be right youngdan. The politics of this will unfold in ways we can't imagine.

Even now the European an local elections seem about as relevant as a reality TV show. Neither the EP nor your local councillors have any power worth talking about but they are all working night and day to get onto the gravy train.

Democracy itself may become discredited and who knows what will happen then.
 

Digout

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5. Ireland has a choice to make. Enter debt enslavement for years or declare it's independence. The politicians who leech off the system and their hacks on this site will urge austerity and an IMF bailout.

Well said. This plan make perfect sense. The tax payer should not be taking on ANY of the debts of FF friends.
 

Clanrickard

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But you do have a point in that ordinary people are going to be screwed for a debt they have no responsibility for.
.
But they do. A large chunk of the population took unrealistically high mortgages on property. The electorate voted Bertie in 3 times despite the shenanigans at the tribunal and despite warnings about where the country was going economically. Actions have consequences I am arfaid.
 

Clanrickard

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It's like pressing the reset button. Will international investors come back to ireland after us making all debt null and void?
Russia defaulted in the 90's and they were back there within a decade. We are small and don't have much natural resources so they would stay away longer.
 

libertarian-right

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A large chunk of the population took unrealistically high mortgages on property. Actions have consequences I am arfaid.
Those consequences will fall on the people that stayed out of the madness. Those are the people that should get the hell out of here unless they want to be **** up the ***.
 

Digout

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But they do. A large chunk of the population took unrealistically high mortgages on property. The electorate voted Bertie in 3 times despite the shenanigans at the tribunal and despite warnings about where the country was going economically. Actions have consequences I am arfaid.
Can I see evidence of the number of taxpayers that bought properties? The vast majority of my mates were not suckered by the scam. I do however know people who thought they were financial whiz kids and bought a number of properties.
 

Clanrickard

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Those consequences will fall on the people that stayed out of the madness. Those are people that should get the hell out of here unless they want to be **** up the ***.
Very few stayed out of the madness to be honest.
 

TradCat

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But they do. A large chunk of the population took unrealistically high mortgages on property. The electorate voted Bertie in 3 times despite the shenanigans at the tribunal and despite warnings about where the country was going economically. Actions have consequences I am arfaid.
They are also the people who will be stuck here by their debts so there is some justice in that.

But yongdan has a point. Are we just going to head out and let it happen or should we try something radical?
 

Clanrickard

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They are also the people who will be stuck here by their debts so there is some justice in that.

But yongdan has a point. Are we just going to head out and let it happen or should we try something radical?
We should try something radical but unfortunately the shower in the Daíl don't seem the radical types. Some parts of his plan have merit.
 

youngdan

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It's like pressing the reset button. Will international investors come back to ireland after us making all debt null and void?
We will not need them. The budget will be balanced and government borrowing will not be needed. Foreign corporations will invest here if it is profitable for them. That is their only concern.
 

Clanrickard

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youngdan

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You might well be right youngdan. The politics of this will unfold in ways we can't imagine.

Even now the European an local elections seem about as relevant as a reality TV show. Neither the EP nor your local councillors have any power worth talking about but they are all working night and day to get onto the gravy train.

Democracy itself may become discredited and who knows what will happen then.
The gravy train will be derailed. It is time public service meant service to the public and not being serviced by the public. Average industrial wage, take it or screw.
 


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