New intel scheme "a vote of confidence in Ireland"

[Seos]

New Intel scheme to be led from Ireland and Germany - Business, Ireland - Belfasttelegraph.co.uk

Intel "is launching a new scheme called Intel Labs Europe to co-ordinate the research and innovation strategies of 800 employees across the EU."

Here's a little bit of good news, so Intel definitely aren't pulling out of Ireland and might create some new jobs.

[Eurocitizen]

Statement by Michael Kennedy at 11:45 Today



Speaking in the Dáil this week, Deputy Kennedy said: "I believe the public is fed up with Fine Gael and Labour's incessant negativity and I think the opposition has played a huge part in lowering public morale."

"It is very easy to complain but when there are no alternative proposals and ideas to back up these grievances, I for one, find it hard to take seriously."

"As a business person, I was trained to offer a viable solution if I was criticising any proposal or my argument would have no real substance."

"It is time the opposition put a stop to the constant promotion of the 'doom and gloom' mentality."

"It is important that TDs, business leaders, unions and the media work to generate positive attitudes at this difficult time. We have 2 million people at work; many of whom enjoy a good disposable income and are frightened to spend anything due to the daily scaremongering they hear from the opposition benches and certain media outlets."

"Of course we should cut out extravagance but this recession will deepen if people with disposable income do not buy local goods or services. The country needs to get money circulating again to avoid more job losses."

"This week there was good news as social partners commenced talks and the global head of Intel confirmed that Ireland was a first class location for smart economy. It is vital for public morale that the positive news is given equal air time and discussion time."
"I commend the Taoiseach's vision for asking Social Partnership to agree to the savings package and I hope that unions, business groups, farmers and government will successfully complete the proposed package. It is extremely irresponsible of the opposition to focus only on the negative for political gain at a time when all parties should be working together to build our economy, boost our morale and retain the fine reputation that Ireland has earned on the global stage," said Deputy Kennedy.

[KingKane]

What is a 'smart economy', how does it differ from a 'knowledge ecomony', does it sting?

[Seos]

Very busy in the economy section these days this post didn't last in the front page long, I'll give it another chance then let it die.

[greengoose]

With respect to Godwin if you have a read of this you might understand the cynicism of some people here.

A year later the German leader derided the agreement as just a "scrap of paper" and invaded Poland on 1 September 1939.

What message would Intel, Dell and others give out if they said they would not be staying forever? Rather than spool the workforce and customers they play their cards close to their chest.

Time now to close this one now

[Easy Tiger]

With respect to Godwin if you have a read of this you might understand the cynicism of some people here.



What message would Intel, Dell and others give out if they said they would not be staying forever? Rather than spool the workforce and customers they play their cards close to their chest.

Time now to close this one now

I never knew Chamberlain died 6 months after his "resignation". (He was puhed out of office for not prosecuting the war aggressively enough). "Peace in our time", 1938.

[Seos]

With respect to Godwin if you have a read of this you might understand the cynicism of some people here.



What message would Intel, Dell and others give out if they said they would not be staying forever? Rather than spool the workforce and customers they play their cards close to their chest.

Time now to close this one now

That explained why people didn't trust them when they only said they weren't leaving.

Now they are bringing something new to their plant in Leixlip. Setting things like that up costs money, hiring and then firing people costs money, the "scrap of paper" cost the Nazis nothing. Abandoning the huge investments they have done costs money. Intel will only leave if it saves them money not if it costs them money.

Also Intel are not Nazis. Most people saying Intel are leaving now are more interested in being right by saying it forever until they leave then they are in the facts.

All the facts show that Intel isn't leaving in the foreseeable future.
Experience and common sense says that someday they will leave in the unforeseeable future which in this case is the distant future.

[greengoose]

That explained why people didn't trust them when they only said they weren't leaving.

Now they are bringing something new to their plant in Leixlip. Setting things like that up costs money, hiring and then firing people costs money, the "scrap of paper" cost the Nazis nothing. Abandoning the huge investments they have done costs money. Intel will only leave if it saves them money not if it costs them money.

Also Intel are not Nazis. Most people saying Intel are leaving now are more interested in being right by saying it forever until they leave then they are in the facts.

All the facts show that Intel isn't leaving in the foreseeable future.
Experience and common sense says that someday they will leave in the unforeseeable future which in this case is the distant future.

I don't see it that way. What we are up to here is being dependent on a multinational company instead of growing some native industry! That is the easy way to do things and is in the same blinkered league as the housing bubble/property speculation. This is stuff that is built on air and will evaporate as quickly.

I have seen Digital/Compaq leaving Geneva and emptying 1200 desks in a few short months. OPEC did that many years ago. Motorola did the same. Dell did the same here. Now these companies were not losing money - their profits may have been down.

DuPont sold their Lycra business a few years ago and they were not exacty losing money. They were setting up shop in China. Investment on the scale of Intel is a throwaway sort of expenditure and moving to more interesting locations does not phase the.

But you may dream on and rely on the internationals to keep this economy running. If things were only as simple as thinking that because of major investment (in our insular minds) the big boys will remain here to avail of our better than anyone else educated workforce.

[mothball]

I doubt that there will be new jobs for Ireland in the sense that we will be benefit from additional work. I would imagine that any new research positions will come as a replacement for some of the current workforce.
The fact of the matter is that jobs in intel will be going at some point in the near future. The real question is how many.
As it is, there isn’t as much work as there was and certain people in the factory have been approached in relation to redundancy pay. Rumours of imminent closure are exaggerated, but to expect there to be no losses is naïve

[Seos]

I don't see it that way. What we are up to here is being dependent on a multinational company instead of growing some native industry! That is the easy way to do things and is in the same blinkered league as the housing bubble/property speculation. This is stuff that is built on air and will evaporate as quickly.

I have seen Digital/Compaq leaving Geneva and emptying 1200 desks in a few short months. OPEC did that many years ago. Motorola did the same. Dell did the same here. Now these companies were not losing money - their profits may have been down.

DuPont sold their Lycra business a few years ago and they were not exacty losing money. They were setting up shop in China. Investment on the scale of Intel is a throwaway sort of expenditure and moving to more interesting locations does not phase the.

But you may dream on and rely on the internationals to keep this economy running. If things were only as simple as thinking that because of major investment (in our insular minds) the big boys will remain here to avail of our better than anyone else educated workforce.

http://www.freethoughtpedia.com/imag...tivational.jpg

I never said I preferred multinationals to native industry.

We're talking billions in recent investment being abandoned if they leave. That was not the case with any of the other examples you gave.

I never said I was relying on multinationals to keep the economy running.

Don't put words in my mouth again.