Archive for November 30, 2010

Irish bailout

November 30, 2010

Some great articles on what can be done about the Irish economic situation. The question I’m asking is why the Irish government doesn’t take some of that advice on board. I would presume that the issue is that they are staggering towards the end of their tenure in a haze without clarity and motivation to take action. And the ECB/IMF is taking full advantage of that.
The Footnote On The Irish Bailout Plan comments on the comparison between the way Iceland and Ireland have handled the crisis.

This is nothing less than yet another example that in the great collapsing game of Keynesian fundamentalist’s dilemma, he who defects, defaults and devalues first is the winner. Congratulations Iceland. To everyone else: enjoy the eventual revolutions. They are now inevitable, courtesy of your favorite neighborhood parasite banker.

Ronan Lyons gives a detailed but concise overview of how Ireland got into the mess and some ideas of how to get out of it.

The full story of Ireland’s economic highs and lows over the past generation will no doubt be examined in many books for years to come. That’s no consolation, however, for people who are voting in a few weeks and who want to know where we are and what we need to do. They want to know which painful hits they should take, and which they shouldn’t. To know what to do next, we need to know how we got here and how bad things are, so this post aims to give a bare-bones outline of how Ireland dug itself into a hole, how deep the hole is and the kind of things we need to do to get back out of the hole.

Read the full post for his analysis of the reasons and ideas.

Churros and Gluhwein

November 23, 2010


Churros and Gluhwein, originally uploaded by polnamara.

Mmm, breakfast at the Onion festival in Bern.

Left

November 17, 2010


Left, originally uploaded by polnamara.

I love the selective colour mode of the S95. I think I may use it quite a lot in future.

Portico Quartet

November 8, 2010


Portico Quartet 1, originally uploaded by polnamara.

Watched this jazz group in the Turnhalle in Bern last night. Great performance and quite an original sound. Their two albums have really great reviews on amazon.co.uk.

Tram Approaching

November 7, 2010


tram approaching, originally uploaded by polnamara.

A hazy, sunny Friday morning in Bern, Switzerland. Just waiting for the tram to take me to work for the last day of the week.

Adriano’s Beer

November 5, 2010


Adriano’s Beer, originally uploaded by polnamara.

Just having a nice aftework beer with the newspaper. A nice way to start Friday evening. If only I didn’t have to work tomorrow!

Windows Live Writer

November 3, 2010

A test using Microsoft’s blog editor. I just downloaded it. Is it the standard for blog writing? The others I used in the past have not been updated in quite a while.