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Economy
Mortgage defaults - No prospect of government help & More Bank bailouts! Print E-mail
Written by Ann Orr and Michael Murphy   
Tuesday, 23 February 2010 12:10

Ann Orr writes about the increasing problem of mortgage defaults : In December 26,271 mortgage holders were behind in their mortgage re-payments due to the dramatic increase in unemployment. And Michael Murphy writes about the government's plans for another bank bailout.
 
The socialist alternative to the crisis Print E-mail
Written by Paul Murphy   
Wednesday, 16 December 2009 18:00

WE ALL have to share the pain” has become the mantra of the entire establishment, from right-wing economists and political parties to much of the trade union leadership, as working class people are made to suffer to protect the profits and power of the bosses. This article critiques this orthodoxy and argues that socialist policies offer the only alternative to the vicious attacks of capitalism.
 
Irish recession - Is the worst over? Print E-mail
Written by Paul Murphy   
Monday, 22 February 2010 13:11

Brian Lenihan introduced the budget for 2010 with the statement that “the worst is over”. This astounding declaration was accompanied by rising unemployment, attacks on public and private sector wages, and the admission that the savagery of the 2010 budget will be matched in 2011 and 2012. There is no question that for working people, the worst is far from over. Part One of a three part article.

 
A determined fight from unions needed to stop government onslaught Print E-mail
Written by Joe Higgins MEP   
Wednesday, 09 December 2009 11:24

The Budget will, if the Government gets its way, mark the first of four where working people, the unemployed and those who depend on public services will be crucified over an economic crash they did not cause. The palpable anger this is causing in society generally can be seen in the threat by the Garda Representative Association to ballot for industrial action.
 
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