TD for Wicklow and East Carlow. Fighting for job creation, economic justice and political reform.

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Monthly archive April, 2013
Consolidation of power under Fine Gael and Labour

Consolidation of power under Fine Gael and Labour

Abraham Lincoln once said: “Nearly all men can stand adversity, but if you want to test a man’s character, give him power.” Our latest Government has the biggest majority in the history of the State, and with that, considerable power. For the past two years it has been steadily consolidating that power into the hands...
Walk out at the Committee on Public Expenditure and Reform

Walk out at the Committee on Public Expenditure and Reform

On April 23, 2013, Mary Lou McDonald, Sean Fleming and I walked out of the Committee on Public Expenditure and Reform. We were meeting with Minister Brendan Howlin to discuss spending estimates for 2013. However, the estimates the Minister presented us with included the savings that Croke Park II delivered. Yes, the very same Croke...
Talking Bankers' Pay with George Hook

Talking Bankers’ Pay with George Hook

I was on the Right Hook with George Hook on April 24, 2013, talking about Richie Boucher’s pay and Bank of Ireland’s AGM. IF you want to listen back you can hear the interview here. I’m up first thing after the news – it’s about 4 minutes in.
Donnelly and McWilliams talk Economics with Wicklow Students

Donnelly and McWilliams talk Economics with Wicklow Students

Last week, myself and Economist David McWilliams visited Collaiste Chill Mhantain, Wicklow Town, to participate in a debate with students on whether Ireland should leave the Euro. The level of debate amongst Collaiste Chill Mhantain’s economic students was hugely impressive. The students are a credit to their parents and teachers. Monetary policy, the banking crisis,...
Government wiping out Irish Pensioners to pay international investors

Government wiping out Irish Pensioners to pay international investors

Responding to a parliamentary question, Minister for Finance, Michael Noonan revealed that IBRCs unsecured creditors, including Irish pensions, will be exposed to losses. Fine Gael and Labour are paying nameless bondholders, while at the same time wiping out Irish pensioners. By the end of last year, €22.3bn of the €22.5bn unguaranteed senior debt in Anglo...
How competitive are Ireland's Bank Charges?

How competitive are Ireland’s Bank Charges?

ON April 17 2013 the Joint Committee on Finance, Public Expenditure and Reform discussed banking charges with representatives of the Central Bank of Ireland and ISME. I wanted to find out from the Central Bank’s Director of Consumer Protection, Bernard Sheridan, whether Ireland’s bank charges were comparable to those in other countries.