Ireland

The Euro Is Murdering Europe

The Euro is murdering the nations and economies of the EU quite literally. Since the fixed currency regime came into effect, replacing national currencies in transactions in 2002, the fixed exchange rate regime has devastated industry in the periphery states of the 19 Euro members while giving disproportionate benefit to Germany. The consequence has been a little-noted industrial contraction and lack of possibility to deal with resulting banking crises. The Euro is a monetarist disaster and the EU dissolution is now pre-programmed as just one consequence.

Foiling Apple’s Tax Dodge: The European Commission Ruling

For years, Apple has perfected the art of tax minimisation, hoovering up possibilities in creating an empire built on profit and return. It has cultivated a power that adapts the message of the bribing agent with that of the bully, tempting government hosts with promises of plenty, and withdrawing pledges on being pushed into moves it would rather not make for the sake of customers and shareholders.  Permit tax breaks, and low tax bills, and your State prospers.

Ireland Jails 3 Top Bankers over 2008 Collapse — the Opposite of What the US Did

(ANTIMEDIA) “By means that could be termed dishonest, deceitful and corrupt, they manufactured 7.2 billion euros in deposits by obvious sham transactions,” Judge Martin Nolan of Ireland said as he convicted three top bankers on Friday for their role in the 2008 financial crisis. They are among the first in the world to be sent to prison for their involvement in the global meltdown eight years ago.