OscailtMinister Leo Varadkar : Ireland “in receivership”RTE’s website carried a story yesterday about cancellations in Dublin’s transport building program . The article said that it was now “ [by] no means certain that any of the major transport projects for Dublin will be built in the next five years “. The report’s first paragraph reads:
“Transport Minister Leo Varadkar said the country is in receivership and it is by no means certain that any of the major transport projects for Dublin will be built in the next five years.”
The accompanying RTE News report does not include a full quote or a reference to where and when the government minister said that Ireland was “in receivership”.
Breaking news: Italian MP, Sgarbi denounces the Statistical Fraud on COVID-19. The speech of the Member of Parliament Vittorio Sgarbi in the session of the Italian Camera, Meeting no. 331 of Friday 24, April, 2020. Vittorio Sgarbi, denounces the closure of 60% of the businesses for 25,000 COVID-19 Deaths, of which the National Institute of Health says 96.3% died NOT of COVID-19 but of other pathologies. That means only 925 have died of the virus. 24,075 have died of other things.2011-09-03T15:20:06+00:00Indymedia Irelandimc-ireland@lists.indymedia.iehttp://www.indymedia.ie/atomfullposts?story_id=100445http://www.indymedia.ie/graphics/feedlogo.gifInsolvency Irelandhttp://www.indymedia.ie/article/100445#comment2832632011-09-03T15:20:06+00:00JoeA google news check this morning didn’t turn up anything more on the above start...A google news check this morning didn’t turn up anything more on the above startling admission that implies Ireland is in a state of insolvency , and which comes from a government minister . Without seeing the quote from the minister in full, it is impossible to determine to what extent he was speaking metaphorically when he said that the country was “in receivership”. But the choice of words from a member of the cabinet belies official government claims that its austerity measures are “ turning the economy around”. Receivership is defined as an “insolvency procedure where a receiver, or receiver and manager, is appointed over some or all of the company’s assets.”<br />
<a href="http://www.asic.gov.au/asic/pdflib.nsf/lookupbyfilename/insolvency_glossary.pdf/" title="http://www.asic.gov.au/asic/pdflib.nsf/lookupbyfilename/insolvency_glossary.pdf/">http://www.asic.gov.au/asic/pdflib.nsf/lookupbyfilename....pdf/</a>$file/insolvency_glossary.pdf<br />
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Former finance minister Brian Lenihan said late last year that it is "simply not the case" that the bank bail-outs could bankrupt the state . He said shortly before the election that debt incurred by transferring private debt to the public were "infuriating but manageable." The present government has also been at pains to point out that Ireland is not bancrupt . Mr Vardaker’s statement would appear to be the first admission from a government source that Ireland is trading while insolvent.<br />
explainshttp://www.indymedia.ie/article/100445#comment2857732011-11-18T09:52:19+00:00JoeEnda Kenny’s “fury” on being told that his plans for the upcoming budget have so...Enda Kenny’s “fury” on being told that his plans for the upcoming budget have somehow found their way to Germany for prior consideration .