Tuesday 14 October 2008

Lenihan robs the Poor and spares the Rich

What do you expect from a lawyer?
- To be taken to the cleaners.

And what do you expect from a lawyer who is Minister for Finance?
- To be taken to the cleaners even more.

So today's Budget should not really surprise you.

We are in recession and the economy is shrinking, thanks to ten years of clueless government that was too busy with filling its own pockets and those of their millionaire cronies. They simply had no time to look after the people and the country, or prepare for the rainy days that inevitably come in Ireland after a period of sunshine.

But now that it not just rains, but pours, Brian Lenihan - a Dublin lawyer, TD and Minister for Finance - has to deliver the bad news to everybody, except Fianna Fail's millionaire cronies of course.
They are getting away with the loot from the 'Celtic Tiger' scot free, laughing all the way to the bank, if they can still find one that is trustworthy.

So, after the government, that was still swimming in extra billions only two years ago, has lost all credibility and squandered all the money, we - the people of Ireland - will have to pay for it.

Well, that's only fair, isn't it? After all, we elected the scoundrels, and kept electing them, since we were too blind, too drunk or both to see what was happening around us.

We all will pay more income tax, which is fine with me. In a crisis we all have to pull together and make a contribution. But what is not correct is that we all have to pay 1% extra, while those with an annual income over € 100,000 pay only 2% extra. They could easily afford 3% or even 5% as a contribution. Or Lenihan could have made a sliding scale: 1% for everyone; 2% for those with more than € 100,000; 3% for those over € 200,000; 4% for those with € 300,000 or more; and 5% for those over € 500,000.
But no, the rich and super-rich are still untouchable in Ireland, at least as long as Fianna Fail is in government.

Instead the over 70-year-olds will be robbed of their medical card, which Fianna Fail gave them seven years ago to buy the grey vote. This - so Lenihan says - will save € 100 million a year. It's a very bad joke. While we are bailing out the corrupt and incompetent banks with up to € 400 billion of state (= taxpayers' money) guarantee, we now have to scrap the barrel for an extra € 100 million from the old age pensioners.

This is not only scandalous, it is declaring war on the old and sick! Almost a kind of state-educed fiscal euthenasia.

There is a lot more, but I won't bore you with the details, as you can read them all in tomorrow's newspapers. As usual cigarettes, wine and petrol will get dearer, and the farmers and millionaires will keep their perks.

Thanks a lot, Brian! You had the chance to make a real mark with your first budget, and you had the opportunity to be seen as a man who cares and can handle money well. Sadly you missed the golden opportunity to unite the people and make the rich pay their share to the national recovery funds. You have not. Instead you prefare to run down the same lane all your shabby predecessors - from Haughey over Bertie to Biffo - have chosen: rob the poor, the old and the young, squeeze the hard-working middle classes, but leave your fat cat cronies in joy and luxury.

It might take another while, but after this budget - on top of all the other bad decisions Fianna Fail made over the past ten years - you will have your come-uppence in good time. Anyone who will still vote Fianna Fail in future deserves to be stripped and robbed of everything and left by the wayside. That's also the place where you will find yourself, after the Irish voters are finished with you and your ilk.

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