Would not be surprised. Leadership is a dirty word in the current government.
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it will be fun alright, and i hope it wont come to pass. overtime for us has been all but stopped unless in cases that cannot be avoided i.e. court etc, which means i will be lucky to earn 70% of what i did last year and i got my mortgage based on the strength of that.
obviously people think we dont do a whole pile either but i worked nights in dublin city centre the weekend just gone and due to not being able to get people in on overtime we were genuinely stretched very thin on a weekend that would normally not have been that busy.
im not trying to play the poor mouth but its looking like the way things will go we will be working harder for less money if these pay cuts come in.
we have already given up on the pay increase that was due to be 6% over the next 2 years and if we get a 5% reduction as well there will be serious opposition to it
How can a boom be sustainable? Didn't we just learn the folly of that?
http://www.ft.com/cms/s/0/4b946536-2...nclick_check=1
Peter Sutherland argues that the Irish economy isn't in as bad a shape as is being reported
Seems to me that he was probably one of the people who influenced and advised Lenihan.
Sutherland is one of the few Irish businessmen left with international credibility (Niall Fitzgerald is another). He's definitely worth listening to (not to say that you have to agree with him). He has an unbelievable CV.
Never mind Lenihan listening to him, put him in his job!!
I agree. Overall one of the few high ranking internationla irish business people.
It would seem one of the strengths of the Presidential format of government is that you get to recruit the best people for the jobs instead of beinbg stuck with Dept of Finance drones.
I am not talking about politicians. I am not saying it is perfect by any means but in the US they can appoint experts in their field for say 2 years who have already made their money in the private sector. For example: If the head of say the Dept of Finance was useless could the Minister remove him? Surely if the Minister has the same advisors who helped him create the mess advising him (I am not absolving politicians for the mess) how to get out of it it does not suggest a successful outcome.
People who made their money in the private sector are at least as culpable for the current mess as those in government, I think we've handed them enough money and power via the bailouts as it is. Wealth != expertise.
In fairness to Sutherland, he isn't some fly-by-night property developer.
Yes, his has a history in big oil and investment banking, but he was Attorney General in his 30s and is an advisor to the Vatican and the UN.
Nobody is perfect, but compared to the incumbents and what else is out there, he's streets ahead intellectually.
Morning Ireland discussing how Sutherlands reputation has been damaged by being on the RBS & Goldman Sachs boards, and that his days at BP are numbered (even if he survives todays AGM). He's up to his oxters in the whole financial system, not the type of person we should be hooking up with now.
Edit - He's just been described as "shoddy goods" by someone from the torygraph
Are you arguing he's worse than the incumbents? Brave statement.
If you disallow everyone involved in a meaningful way in the financial system you have an immediate practical challenge of who manages and leads going forward.
Some people seem to think the answer lies in appointing career academics, however in my experience many are academics precisely because they can't manage and lack effective team dynamics.
Who would you appoint to run the banks and the regulatory bodies?