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The Saker
A bird's eye view of the vineyard

offsite link Saker message to the community: we need your help. Fri Sep 17, 2021 17:26 | The Saker
Dear friends I wish we lived in a perfect world, populated by perfect people, and nobody would ever have to worry about or, even less so, ask for financial help

offsite link (Neo)Liberalism and its Discontents Fri Sep 17, 2021 16:24 | amarynth
by Francis Lee for the Saker Blog FROM CLASSICAL LIBERALISM TO NEO-LIBERALISM The contemporary neo-liberal coalition consisting politically of a centre-left, centre, and centre-right ? what we might call the

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Original link: http://middleeastobse... Description: In an interview with Lebanese media in last month, Hezbollah?s Deputy-Secretary General Sheikh Naim Qassem explained why the swearing-in ceremony of Iran?s new president Ibrahim Raisi was

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offsite link SITREP: political prisoners in the UK Thu Sep 16, 2021 17:48 | The Saker
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The Saker >>

Public Inquiry
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Human Rights in Ireland
A Blog About Human Rights

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Lockdown Skeptics

The Daily Sceptic

offsite link After Vaccine Passports Were ?Scrapped?, Government Refuses To Rule Out Passes for Pubs Thu Sep 16, 2021 15:32 | Michael Curzon
The Health Secretary has confirmed that vaccine passports could be introduced for pubs later this year if "something happens", but remains coy about what exactly "something" means.
The post After Vaccine Passports Were ?Scrapped?, Government Refuses To Rule Out Passes for Pubs appeared first on The Daily Sceptic.

offsite link The Ethical Bankruptcy of Vaccinating 12-15 Year-Olds Thu Sep 16, 2021 13:53 | Toby Young
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The post The Ethical Bankruptcy of Vaccinating 12-15 Year-Olds appeared first on The Daily Sceptic.

offsite link Headteachers Told To Call Police if People Protest Against Vaccination of Healthy Teenagers Outside ... Thu Sep 16, 2021 12:05 | Michael Curzon
Headteachers have been told to call the police if parents concerned about the vaccination of their healthy teenager children against Covid ('anti-vaxxers', as the media puts it) protest outside school gates.
The post Headteachers Told To Call Police if People Protest Against Vaccination of Healthy Teenagers Outside School Gates appeared first on The Daily Sceptic.

offsite link News Round-Up Wed Sep 15, 2021 23:59 | Michael Curzon
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The post News Round-Up appeared first on The Daily Sceptic.

offsite link Pfizer Set to Seek Approval for Its Covid Vaccine in U.S. Babies This Winter Wed Sep 15, 2021 19:30 | Michael Curzon
Pfizer is planning to seek approval for its Covid vaccine in babies as young as six months in the U.S. this winter and is also set to seek approval for its jab in 5-11 year olds in America and across Europe.
The post Pfizer Set to Seek Approval for Its Covid Vaccine in U.S. Babies This Winter appeared first on The Daily Sceptic.

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If you are a property speculator, come to Dublin

category national | housing | opinion/analysis author Thursday May 21, 2015 23:36author by pbp Report this post to the editors

Guess where a property speculator can get their best return on investment in the whole world? Dublin. It is unbelievable but true. After chaos wracked on Irish society by the Celtic Tiger property boom, the speculators are back.

A global survey by the research company, MSCI, has found that highest profits can be made in Dublin from buying and selling property.

Capitalists generally expect to get a 10 percent rate of return on their investment in industry. If they want more, they shift to riskier areas such as property speculation.

If they chose their city right, they can get a 19 percent rate of return. But last year, Dublin provided the jackpot with a 44 percent rate of return.

Guess where a property speculator can get their best return on investment in the whole world? Dublin. It is unbelievable but true. After chaos wracked on Irish society by the Celtic Tiger property boom, the speculators are back.

A global survey by the research company, MSCI, has found that highest profits can be made in Dublin from buying and selling property.

Capitalists generally expect to get a 10 percent rate of return on their investment in industry. If they want more, they shift to riskier areas such as property speculation.

If they chose their city right, they can get a 19 percent rate of return. But last year, Dublin provided the jackpot with a 44 percent rate of return.

Take for example commercial property. If you belonged to a global hedge fund and wanted to make money quickly you got your minions to scour the computer screens looking for a quick bargain. You then bought up office blocks cheaply and rented out space at an exorbitant price. You could then sit back in your plush London or New York address and live a life of sheer luxury.

Last year there was a staggering €4.5 billion worth of commercial property sold in Dublin.

The Irish government encourages this because, through NAMA, it has become the biggest property owner in the world. It wants to ‘offload’ as much of this property as it can so that it appears that a strong recovery is under way.

One way to do this is by offering tax break to the big vulture funds known as Real Estate Investment Trusts. These tend to buy up a series of office blocks or whole apartment complexes. They gain from the Irish crash and we, the people, pay for their tax breaks by putting up with poor public services.

So the next time you hear a Fine Gael or Labour Party politician tell you that there is no money in the country and they just had to cut respite care grants or slash the wages of public sector workers, tell them about the fortune being made in property speculation.

Maybe, they cut slap a 10 percent special solidarity tax on the speculators. That way we would not have to pay water charges or put up with taxes on the family home.

But that would be challenging the wealthy. And Fine Gael/ Labour could not do that

Related Link: http://www.peoplebeforeprofit.ie/node/1179
author by Tpublication date Fri Jun 05, 2015 22:59author address author phone Report this post to the editors

The An Spréach housing activists have a good piece on their website about the housing crisis titled: What Housing Crisis? This is a Capitalist Crisis!

The housing crisis is a really a capitalist crisis. There are enough housing units for everyone multiple times over. Joe Conlon surveys the Irish housing movement and asks whether squatting is a short-term solution.
...

The “housing crisis” we hear about so often in the media is a lie. Capitalism is the crisis; the housing problem is but one side effect of this cancerous system. The housing problem is getting worse and worse. People are forced to live in crappy cramped bed sits, cheap near-condemned B&Bs, live in uncertain rental accommodation, and some are living in a state of limbo in hostels waiting on housing lists (some aren’t even given this privilege). Even as I write this article in the 24 hour internet café on Talbot Street it is 11pm on a Thursday night the café is mainly being used by homeless people, they rent a computer for 1 euro per hour and lay across chairs and the floor trying to sleep.

No matter what time it is you’ll always find the less fortunate using the café to sleep and get out of the elements. If you walk around Dublin city no doubt you want have to walk long before you find someone sleeping in a doorway or under a bridge. These are horrible conditions in which people are forced to live. If you ever find yourself down on your luck and become homeless there is a good chance if there are no more beds left in a homeless hostel you will be give a sleeping bag for shelter....


Full text at the link

27k_houses_in_ireland_an_spreach.jpg

Related Link: http://anspreach.org/2015/05/12/what-housing-crisis-this-is-a-capitalist-crisis/
 
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