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national / economics and finance Saturday December 21, 2019 - 20:25 by Diamantina
 36 comments (last - wednesday february 05, 2020 - 21:46)
The exploitation of tax funds for private personal gains by state sector employees, particularly at universities.UCC as example. The public is funding things like applications for human gene patents. This means that we all have to pay to have access to our genetic coding and bodies. The people applying for the patents stand to benefit personally in any future income generated by such patents because despite being paid a publicly funded salary, the universities also pay the employee a percentage in future. ... read full story / add a comment
international / economics and finance Wednesday February 10, 2016 - 12:11 by Paddy Hackett
Steve Keen is the author of Debunking Economics. He is critical of Neo-Classical Economics ... read full story / add a comment
national / economics and finance Tuesday June 23, 2015 - 23:17 by postman
The drip feed of questionable deals carried out by NAMA is well under way. Regularly now, we see information reaching the public domain whereby NAMA have sold stressed assets at less than their real value and the purchasers are turning them over within 2 years, at profit ranging from 30% to 40%/ The purchasers are mostly foreign investment funds – ‘vulture funds ‘ – who have picked on the carcass of the stressed Irish property market. Many of them have retained the assets, and become serious players in the residential rental market in Ireland, especially Dublin, and have developed a controlling influence, managing to drive up rents astronomically in our capital city. This all doesn’t make them evil people – they just do what they do, it’s called unfettered Capitalism - our problem as Irish citizens is that our Government have allowed a situation to develop whereby the vulture funds win and the Irish tax payer loses. And our present Neo Liberal Government think that this is all fine. I believe otherwise. Here’s my Leader’s Questions with Taoiseach Enda Kenny this week, who knows that all is not well. - ... read full story / add a comment |
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