A bird's eye view of the vineyard
Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb
The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog. We are also making archives of the blog available for free download in various formats (see below).
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by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are
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Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.
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The BBC Has ?Fact-Checked? Labour?s Claim that Renewables are Cheaper than Fossil Fuels and Declared... Tue Jul 23, 2024 07:00 | Paul Homewood
The BBC has ?fact-checked? Labour's claim that a unit of power from a new solar or wind project is cheaper than the cost from a new gas generator and found it to be true. But it's false, says Paul Homewood.
The post The BBC Has ?Fact-Checked? Labour?s Claim that Renewables are Cheaper than Fossil Fuels and Declared it to be True. But it?s False appeared first on The Daily Sceptic.
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Will Trump Ever Admit Lockdown Was a Mistake? Mon Jul 22, 2024 19:35 | Jeffrey A. Tucker
Will Trump ever admit he was wrong to back lockdown in March 2020 ? a decision that doomed America to years of crisis and sank his re-election hopes that year? Jeffrey Tucker is hopeful that truth will finally prevail.
The post Will Trump Ever Admit Lockdown Was a Mistake? appeared first on The Daily Sceptic.
Joe Biden Out in Apparent Palace Coup Mon Jul 22, 2024 17:30 | Eugyppius
Biden's team was still obliviously tweeting his resolve to fight on hours after he had decided to step down. So was the matter taken out of his hands? It has all the signs of an opportunistic palace coup, says Eugyppius.
The post Joe Biden Out in Apparent Palace Coup appeared first on The Daily Sceptic.
Who Will Guard Us Against the Guardian?s ?Fact Checks?? Mon Jul 22, 2024 15:34 | David Craig
The Guardian has published a 'fact check' of Donald Trump's claims about inflation and immigration. Just one problem, says David Craig: the 'fact check' gets its facts wrong. Who will guard us against the Guardian?
The post Who Will Guard Us Against the Guardian’s ‘Fact Checks’? appeared first on The Daily Sceptic.
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Jump To Comment: 1That money could totally be covered (plus a surplus by the difference in interest rates between that due on the recent ridiculously large amount of money borrowed on the strength of soverign bonds by the NTMA at over 6% (5,800,000,000) and the going ECB rate (3%) under the current program
The NTMA borrowed this 5.8 billion at > 6% interest because "it's important for our soverignty to be seen getting back borrowing from the market" even though money is available at 3% currently from the ECB
Well that may very well be true but they could have just as easily sold maybe just 1 billion of bonds to "put their toe in the water". Why a whole 5.8 billion?? One suspects either basic mathematical innumeracy regarding percentages, callous disregard for the poor people whose livelihoods they are juggling and whose taxes they are spending, or maybe even corrupt sweet deals with big private capitalists in a zero or negative interest world. "Don't worry, the stupid Irish taxpayers will cover you at 6% interest".
so that 130 million cut to medical services could have been totally avoided if the NTMA just didn't borrow that much money at 6% and instead borrowed it from the ECB fund at 3% if they needed it, and thus saved the over 3% interest on 5.8 billion which comes to about 174 million.
174 million euro gone in a puff of smoke on a stupid political stroke which means nothing except for a few brief headlines in the newspapers.
But money which sick people in Ireland will be paying for for a long time to come with their health and maybe even their lives in some cases on long waiting lists etc.
Because like it or not, there is a direct link between financial crimes causing the loss of large amounts of public funds and people's deaths as a result of poor public health services or road maintenance etc etc. The sooner the Irish public start to link these two things and demand appropriate swift punishment for politicians and their financial terrorist and bankster friends the better.
This kind of political arrogance and hubris must end. The people behind these policies and stupid politically motivated financial decisions are irresponsible, have lost touch with reality and are not fit to hold public office.