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Thread: Snip Shell to Save Citizens!

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    Default Snip Shell to Save Citizens!

    Under the current system the government has to adopt some of the McCarthy proposals or else the country will be bankrupted, there's no doubt about that.
    But if the state took control of the Corrib gas field massive slash and burn cuts could be avoided and public sector reform could be implemented gradually.
    I don't accept the argument that this will hurt our international reputation as,
    (a) This is a high revenue natural resource, completey different to most of our other dealings with multi-nationals.
    (b) The minister who brokered that deal has been found out in an Irish court to be a crook.
    (c) Some compensation should be given to Shell for construction work carried out.

    What I can't believe is that left of centre Labour is not championing this. It along with the rest of the left parties will rightly oppose the cuts but the money has to come from somewhere.

    Which is now more important pandering to an oil giant or saving our citizens from more hardship?

    <Mod> This thread has been merged with "Cost of Gas deal". </Mod>
    Last edited by stringjack; 19th July 2009 at 04:37 PM. Reason: Merged thread.

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    I don't wish to be rude here, but we've already had fifty thousand threads discussing this over and over and over and over. Do we really need a new one?

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    Quote Originally Posted by Tommy Tayto View Post
    I don't wish to be rude here, but we've already had fifty thousand threads discussing this over and over and over and over. Do we really need a new one?
    Probably not but I'd still like to know why Labour wouldn't support this idea as an alternative to massive all out cuts seeing that they are the largest leftish party in the Dail.

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    Politics.ie Member davehiggz's Avatar
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    This would mean that the project would be a huge bureaucracy. Over paid public sector workers with cushy pensions and secure employment backed by hundreds of administration staff "overseeing" the work.
    It'd be run at a loss, Shell however will do it at a profit, some of which we'll get and so will the local economy.

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    How much would we pay Shell for exploration & developement costs unless you are suggesting we do a Venezula?

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    Politics.ie Member Panopticon's Avatar
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    Hello Nationalised Small Gas Field, Goodbye International Investors.

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    Quote Originally Posted by Panopticon View Post
    Hello Nationalised Small Gas Field, Goodbye International Investors.
    Why? What investors?

    It could be run as a semi-state and make a profit if the right management was brought in. Look what Willie Walsh did for Aer Lingus. And the whole purpose of nationalizing it would be to plug part of the hole in the public finances so it isn't in their interests to create another bureauracracy.
    The local economy of Mayo is going to mean jack******************** if the country goes bankrupt anyway.
    This is a high revenue resource, something we don't have a lot of.

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    Politics.ie Member Panopticon's Avatar
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    Quote Originally Posted by Fraxinus View Post
    Why? What investors?

    It could be run as a semi-state and make a profit if the right management was brought in. Look what Willie Walsh did for Aer Lingus. And the whole purpose of nationalizing it would be to plug part of the hole in the public finances so it isn't in their interests to create another bureauracracy.
    The local economy of Mayo is going to mean jack******************** if the country goes bankrupt anyway.
    This is a high revenue resource, something we don't have a lot of.
    Anyone who thought their capital was safe can think again. That includes Irish people by the way.

    It means an end to any future energy exploration in Ireland.

    Theft is also immoral, especially if the reason for our financial need is a lack of political will.

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    Quote Originally Posted by davehiggz View Post
    This would mean that the project would be a huge bureaucracy. Over paid public sector workers with cushy pensions and secure employment backed by hundreds of administration staff "overseeing" the work.
    It'd be run at a loss, Shell however will do it at a profit, some of which we'll get and so will the local economy.
    The Harneyesque spin:

    'over paid public sector workers'

    'cushy pensions'

    'Shell will do it at a profit'

    The reality:

    Shell handed for practically nothing a fantastic resource.

    Instead of doing it the 'normal' way (i.e. an expensive offshore platform in the rough Atlantic), they experiment with an on-shore refinery as they're allowed to offset ANY costs against their tax bill.

    Given that, instead of the logical way of doing things (i.e. having the refinery at the landfall, which could be virtually anywhere in Mayo), they run an experimental 40k pipeline across land they don't own, and are allowed to by legislation passed by a corrupt and incompetent government.



    I'm all for utilising our natural resources, and I'm all for finding penal accomodation for life with child molesters and rapists for the likes of Burke, Ahern and their chums who gave away our 'North Sea'.

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    Politics.ie Member merle haggard's Avatar
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    only the level of utter incompetence and corruption which believes it actually a good thing to give our resources away for free to a multinational could do the job on the irish economy these corrupt incompetents have done

    (b) The minister who brokered that deal has been found out in an Irish court to be a crook.
    2 ministers brokered the deal . One was indeed convicted crook Ray Burke . His deal was further enhanced by minister bertie ahern a little later where shell received even more generaous terms . Both deals were carried out behind closed doors and against the advice of senior civil servants .

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