“We continue to expand our macroprudential framework to ensure we have the right tools to manage potential risks to financial stability and the addition of the Systemic Risk Buffer will be an important tool for us in building a resilient banking system with sufficient capital buffers to absorb these structural shocks.”
[translation : “We want you to forget this mess is partly our fault by pointing to Brexit and using intentionally complicated economic jargon”]Article in Journal.ie by Cormac Fitzgerald : “Hard Brexit could cause house prices to fall, Central Bank warns“
JL Pagano What a shock – a debate over an actual issue that affects the country like a National Broadband Plan gets tossed aside in favour of a spat over a metaphor, all the while reinforcing the illusion that FG and FF are somehow alternatives for the electorate when in fact they are essentially the same party and are currently in a virtual coalition government.my comment on the above Facebook post
Election Day in Ireland (local, European and Referendum) is just over a week away and as the polling cards are delivered the hope is that most people will find a way to use them instead of chucking them away.
Article by Sean Murray in Journal.ie on Sunday, May 12, 2019
The flat rate for councillors is €17,000 per annum – as it’s technically seen as a “part-time job”…
The lowest paid chief executive, on the other hand, is paid €128,000 a year. In Dublin City Council, the chief executive is paid €182,000 a year.
In my own local council ward, the turnout for the last local election was just 43.27%.
In an ideal world, I’d like that to be in the nineties. In a more realistic world, I’d be happy enough with low seventies. But less than half just isn’t good enough.
Most blame the politicians themselves and with good reason, but that said, it doesn’t take a lot to get yourself informed, even at this late stage.
I have received leaflets for all candidates running for both council and Europe, plus the referendum commission sent one explaining the divorce amendment being proposed.
On the council itself, one thing many could find off-putting is that it’s not exactly common knowledge what exactly the city and county councils actually do.
I have been planning to research an explainer article for this blog for weeks but sadly other online commitments had me kicking the can down the road, something for which politicians themselves are often accused. Thankfully The Journal has gone and done it for me.
What I find most interesting is the way the role ‘City Manager’ was rebranded as ‘Chief Executive’ to make it more appealing. Such is the corporate nature of modern day Ireland.
Also it bothers me that the area known as Drimnagh, where I live, is split between two different council wards ‘Ballyfermot/Drimnagh’ and ‘Crumlin Kimmage’.
In an electoral system that has multiple councillors for each ward, I don’t understand why B/D gets 5 and C/K 6 when the areas could easily be broken down into the villages themselves with just 3 or 4 councillors for each area.
But those are just my personal ‘top-line’ concerns – once the overall turnout at least improves next week I’ll be reasonably happy.
May 24 sees a big Election Day in the Republic of Ireland.
There are polls for the local councils, the European Parliament, and also a divorce referendum.
Here on FPP we’ll be following the various contests closely, with particular attention to our own local area, but hopefully with a view to encouraging others to get more involved wherever they may be.
Our premise is that there is a ton of information out there if you just know where to look.
While I have my own personal beliefs on government, I’d rather see a higher turnout of voters than have my own preferred candidates elected. At least then I could say I was being governed by the will of a true majority.
In my own local Ballyfermot/Drimnagh ward of Dublin City Council for example, the turnout at the last poll was a mere 43%, and other wards were less than 40. This is a disgrace as far as I’m concerned, and I don’t just blame the politicians – the electorate itself must take responsibility for such collective apathy.
Over the next 3+ weeks I hope to highlight the candidates, the issues, the media coverage, and for full disclosure, my own personal choice of voting plan.
Do stay tuned.
I could have been at home watching Manchester United v Barcelona. But I made myself a promise that I would make an effort to get more involved in local politics, and given the amount of signs I have seen around the area for this meeting in St John Bosco Youth Club, a mere ten minute walk from my front door, to not go would be to break that pledge.
The meeting was held by local councillor Hazel De Nortúin. Now when I say ‘local’, she hails from Ballyfermot, yet she represents me as Drimnagh has been curiously cut in two and my house falls in the ‘Ballyfermot/Drimnagh’ zone. Still, the very holding of this meeting shows that the councillor is willing to be involved throughout the ward.
Her party is People Before Profit. I confess to knowing little about them, save for assorted Facebook posts, but I do know that their name itself is closely aligned to my politics so it was a safe bet that I would feel at home in this company.
The principal speaker was Brid Smith TD and the theme was ‘Why Carbon Tax Won’t Stop Climate Change’. She began by highlighting the protest by schoolchildren all over the country, but particularly outside the Dáil. where over 15,000 were reported.
Deputy Smith also pointed to a poll which found that 39% of Irish people saw climate change as one of the most important issues of today, adding that while some might think that was a low percentage, she was actually encouraged by it.
She has recently been sitting on a Special Oirechteas Action Committee which followed on from a Citizens Assembly. She referred to it as more of an ‘Inaction’ committee because it appeared that the decision to level the carbon tax on ordinary citizens was already made.
She claimed that the supposed thinking behind the tax was that if people’s habits could be changed, ie if we can move away from carbon-intensive forms of energy, then supposedly this would influence (‘by osmosis’ as she ironically called it) the large corporations.
An interesting plan if true…especially given that when it comes to distributing wealth, corporations tend to favour things going in the opposite direction. When it comes to the carbon tax, should we call their plan “Trickle up?”
She also pointed out that even if carbon taxes did have some positive effect, they would never be enough to tackle climate change on their own, yet once implemented the government could well consider them to be a ‘catch all’ of sorts. ‘The one tool becomes the only tool’.
Next the TD covered the whole area of ‘Just Transition’ – when she explained it I knew what she meant though I had never heard it called that before. Basically when a society moves from one form of energy to another, care must be taken that the existing workers in the old service are offered the opportunity to move into the new field. Seemingly People Before Profit have been working with Bord Na Mona workers in this area.
Apparently three of the main political parties, Fine Gael, Fianna Fail and Labour, along with the Green Party, are in favour of pushing ahead with this tax, which probably means it is likely to go through.
In the interest of fairness I took some time to go over the websites of various parties to see how they presented their policy (if any) on carbon tax and/or climate change in general…
FINE GAEL – banner on homepage #TogetherOnClimate Climate Action – when you click it you see 16 links under heading of ‘progress’ none of which refer to carbon tax.
‘carbon tax’ search produced links on Special Oireachtas Committee
FIANNA FAIL – No search facility. No mention of carbon tax under section ‘tackling climate change’
LABOUR – ‘Labour’s clear preference is for ring-fencing funds from carbon taxes to pay for home retrofitting, including in local authority housing, and other ways of reducing energy poverty’
SINN FEIN – ‘Imelda Munster has criticised the agreement…to increase carbon tax four fold’
GREEN – Cuffe : ‘The aim of the carbon dividend, or carbon cheque, is to change behaviour. By placing carbon taxes and giving back what is taken to households it provides direct incentives for people to move to low carbon heating.’
SOCIAL DEMOCRATS – can’t find policy on carbon tax but policy section shows they are keen to reduce emissions
RIGHT2CHANGE 10-Point policy programme – ‘A Progressive Government will make protection of the rights of Mother Earth a Constitutional Imperative’
‘The IFA is up in arms over suggestions that people should eat less meat and drink less milk. No doubt carbon taxes will be pushed also as a key part of this debate.’
‘Women make up 70% of farmers world-wide yet only own 2% of land…they are responsible for 90% of the caloric intake of the average family’
SOLIDARITY – nothing on climate change on ‘what we stand for’ page
…just to be clear, my research for the above information was not exactly extensive. There are so many parties in the jurisdiction that it isn’t easy to keep up with them all.
As you can see my attention was drawn most to the Right2Change platform – the quotes above were taken from the Facebook page of Joan Collins TD. I like the way they constantly use phrases like “Under a Progressive Government Ireland can…” because while that may be extremely aspirational right now, if we don’t discuss and use such terminology regularly, it could remain so.
But that’s not to say I was completely turned off the PBP folks just yet. They passed around a page for names and addresses – I offered my information though I fell short of ticking the ‘Join’ box for now.
When the meeting was over a chatted for a few minutes and then left. I was first to head for the door and Deputy Smith thanked me for attending.
I’m glad I did, and I look forward to following the progress of the PBP’s resistance to the introduction of the tax.
Next on this site I’d like to start covering the various candidates standing for election to the council in May.