IMF/EU rescue plan memorandum

[jimmyfour]

Well if you want to control a generation from dissenting, and need to prop up half a trillion euros in bank debt, the best way obviously is to get a single elected politician to sign up a contract the parliament has no vote on, and to save a few hundred million on professional fees to ensure the absence of a middle class, who are the main instigators of social change in society.

Beat everyone back down to high debt, working class, no professions, no services. People with no ambition don't overthrow governments or demand elections.

[Aindriu]

They could start at the top:

1. Cut the number of TD's by 50%
2. Stop Dermot Ahern's ridiculous 'Golden Handshake'
3. Slash all TD's salaries - bringing Cowen back into the real world.
4. Scrap individual ministerial cars - use pooling instead.
5. Scrap the Seannad or cut its members by 50%
6. Stop guarding the homes of ex Taoisigh and ministers.
7. Slash political pensions by at least 50% and make them payable from pension age, not when they leave politics

[Prester Jim]

PS pay will be cut one way or the other, guaranteed.
CPD is a delaying tactic to force the next govt. to do it.
as for the protected professions, about time, the govt. has done its best to keep them protect them for too long at our expense.

[Squib]

PS pay will be cut one way or the other, guaranteed.
CPD is a delaying tactic to force the next govt. to do it.
as for the protected professions, about time, the govt. has done its best to keep them protect them for too long at our expense.

The 10 Billion Euro interest repayments could be worth it, if it means we finally get proper reform and value for money from the PS, CS & the Professions.

[wheels]

It's sickening the way the FF rats are slinking away into the sunset with their hefty pensions and lump sums stashed safely away while ordinary citizens endure pay cuts and hardship for years to come.
Now I see why they extended the retirement without cuts has been extended... it was so they could escape the sinking ship while holding on to their full uncut pensions.

[Cavalier]

Irish Independent in Public Sector Doom Shocker

[HarshBuzz]

Seems pretty harsh.

that's hardly a surprise?

[wheels]

It's just sickening the way the FF rats are getting away with slinking off to retirement with hefty pensions and lump sums intact while ordinary citizens are left to endure cuts and hardship for years to come.
It's pretty obvious now why they extended the no cuts to lumpsum/pension arrangement for another year...they wanted to be sure they could avail of it themselves.

[Prester Jim]

The 10 Billion Euro interest repayments could be worth it, if it means we finally get proper reform and value for money from the PS, CS & the Professions.

I agree partially but I really think that there are areas of the PS that are outpreforming the abysmal amount of resources allocated them and others held together by the goodwill of the PS employees.
not every part of the PS is wasteful.
Depts usually are but not revenue from what I know.
individual schools as opposed to VEC HQs and the dept, social workers and many other health workers but not the HSE or Dept, etc

[budgeybudge]

From The Independent.
IMF names its price - National News, Frontpage - Independent.ie

Public sector workers will have to meet savings targets within just nine months or their pay will be cut.
Every week, the Government must tell the IMF, the EU and ECB what money it is taking in and spending.
Sheltered professions, including lawyers, doctors and pharmacists will face radical changes within nine months as part of a plan to drive down costs and increase growth in the services sector.

Seems pretty harsh.

Pain in the hole alright but at the same time if cutting public sector workers will result in better value for money then cut away, starting at the top.

Definite smart move in making sure the IMF make the government give weekly spendings of their money especially after what hey did with our money