Well it didn’t take long for this insider to start flying this kite, calling for the sale of the worlds largest property portfolio to private faceless investors is just the pits. Of course the property market is still on its knees and there is no better time for Faceless capitalists to get involved as the Irish taxpayers have been carrying the can for four years and taken all the losses of course .Just like Eircon ,we the taxpayers are about to get shafted once again .Mr Bacon has made a nice life as an advisor with the Fianna Fail government and certainly hasn’t done the Irish taxpayers any favours in the past! Mr Bacon has presumably been paid for a so called report ,commissioned by none other than Treasury Holdings and at the same time isn’t NAMA suing this same company because of questionable sales of shares in that same company?
“The report looks at the economy and it urges the adoption of alternatives to current economic policies .Mr Bacon says that a key to stimulating domestic demand is growing consumer confidence, and a key to growing consumer confidence is getting the housing market working again”
Wrong Mr. Bacon ! It’s getting Jobs and job security, up-skilling of the unemployed, and investment in education, and infrastructure. Helping your paymasters get the property bubble going again is not the answer to Ireland’s economic troubles. In Germany the vast amount of people are renting and the economy is booming!
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About machholz
I started this Blog to get out of my system the absolute rage that I have for the corrupt politicians and their Banker Buddies. I’m an ordinary guy, married with kids, and have firm opinions of what is right and what is wrong. I’m not afraid to say it even when it makes me unpopular.
I reproduce news all manner of articles, but will always confirm the source of the articles; this is a compliment to the source of such news pieces. But if you do not agree with this and you are the original author, I will take down any article when requested to do so. I do not assume that the author of the news articles share with my views, I include news articles to give readers another slant to my views or to illustrate what the mainstream news media say on the relevant topic.
The opinions expressed are my own but I do not accept liability for them, If I have offended you or made a factual error please put on record the truth by leaving a comment.
In addition, my thoughts and opinions change from time to time...I consider this a necessary consequence of having an open mind. This weblog is intended to provide a semi-permanent point in time snapshot and manifestation of the various memes running around my brain, and as such any thoughts and opinions expressed within out-of-date posts may not the same, nor even similar, to those I may hold today.
For the record I am currently an Independent political activist and am not affiliated to any political party
