Slugger O'Toole

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Sinn Fein “not interested in managing the economy”

Thu 10 September 2009, 12:32pm

Speaking to reporters in Dublin yesterday Gerry Adams MP, MLA, President of Sinn Fein said:

“What we want is change; we’re not interested in managing the economy.”

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Comments (55)

  1. Cahal says:

    SammyMcNally
    “I’m largely with you – except that all deposits should be saved and the property market should be allowed ‘collapse’ ie find its own level – probably at about 40% off the value at the top of the market, with a discouragement* on the purchase of more than one property per person.”

    Anything that is selling is already at least 40% below peak. Most vendors are still in cuckoo land.

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  2. Itwas SammyMcNally whatdoneit (profile) says:

    Cahal,

    I actually meant to say 40% ‘of’ the value i.e. 60% from the top of the market.

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  3. Mickhall (profile) says:

    comrade Stalin,

    Nowhere did I write that I am against house ownership, indeed if you read this,

    “A home is to live in, not to make money out of, to me the very thought is offensive. If at the end of our lives we are fortunate to own a house and be able to leave a few quid to our kids great, it is a bonus for them.

    As you can see from my quote, I see any profit one may turn on a home in the long term as a welcome bonus, what I am against is using homes as a commodity, to be traded in the same way as say stocks and shares. The reason I am against this is twofold, first a roof over ones head is the most basic of human rights, without it a human beings are doomed to suffer greatly, thus like health care, law and order and education it cannot be left to the market alone.

    At this time, I really do not need to go into the details about the down side of deliberately created house price inflation, surly?

    When I mentioned China it was not to praise that Stalinist abomination that rules that land, but simply to point out the Chinese government have used central planning successfully to create their State capitalist exploitative system.

    You know where I stand politically, as I have said time and again I am opposed to all dictatorships, no matter they be on the left or right political. Whilst I do not expect you to agree with me, I am sure it is all bunkum to you, but if we are to debate at least show me the respect of where I am coming from.

    Your’re mistaken about the economy being in meltdown in the 1960-70s, yes it needed to be modernized, but selling the family silver and mass deregulation and not giving a shit about the ‘collateral human damage was not the way to go about doing this.

    Indeed, instead of using north sea oil revenues productively to retrain/re-skill and modernize the manufacturing base, Thatcher fritted them away, using them to buy off revolt, something few mention these days. The reason this recession has hit the UK far harder than our EU neighbors is they refused to go whole heartedly down the reactionary and costly Thatcher-Reagan road.

    Mack,

    Thanks for your considered reply I would like to chew this over some more but I am pushed for time and must go and do those things that put bread on the table [life sucks sometimes ;)

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  4. Greagoir O Frainclin says:

    Conor Murphy for leader!

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  5. Greagoir O Frainclin says:

    only kiddin?

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