A Smart Budget for a Smart Economy?

[Cross-posted on Irishelection.com – please appreciate I wrote this at 1.30am after a day spent reading official documents. Mistakes are a possibility, I’m open to discussion in comments section]

It’s about a year since An Taoiseach announced plans to develop ‘The Smart Economy’ (the successor to ‘The Knowledge Economy’, remember that?). In those twelve months we’ve heard constant mention, plugging and referencing of the phrase. It has become a Government mantra, said constantly when the state of the public finances is discussed. On Drivetime today Brian Lenihan spoke about it, on the Nine News Brian Cowen picked up the baton and later he handed it onto Eamon Ryan for Prime Time. You can be guaranteed we’ll heard it mentioned every few hours in the next week too.

“We need to settle the public finances with a view to developing a model for sustainable growth through the Smart Economy, going forward”, don’t say it doesn’t ring a bell.

I can’t find an explicit definition of what the Smart Economy would be constituted of, but if asked, I’d guess a Government representative would describe it as something like; “an economy that has a workforce that is able, educated, competent and competitive in areas and skills which will be needed by companies in growing industries, to attract those companies”. Fair?

Continue reading “A Smart Budget for a Smart Economy?”

FOI and the Gardai

Thanks to access-info for this one:

FOIA_and_police_forces_EU

All that is needed for An Garda Síochána to come under FOI is the signature of Finance Minister Brian Lenihan, and some regulations to be implemented. Then we can take our place among such nations as Moldova, Georgia and Azerbaijan as a country that allows citizens to request information from their police force. The Gardai must be brought under FOI as a matter of urgency.

O'Nuallain, Gormley, DCU and the Employment Appeals Tribunal

While the Budget rightly dominates coverage today, a story that on other days may have been a page lead, sits quietly in the bottom corner of a late Home News page in The Irish Times.

Might be nothing huge to it, but interesting all the same. Olivia Kelly reports…

MINISTER FOR the Environment John Gormley intervened in a disciplinary dispute between DCU and a lecturer at the university, when he was a Green Party TD, an Employment Appeals Tribunal has heard.

Mr Gormley in 2002 contacted the president of DCU, Ferdinand von Prondzynski, on behalf of computer applications lecturer Dr Seán O’Nuallain. Prof Prondzynski told Mr Gormley it would be unethical to discuss the case, the tribunal heard…

Read the rest of this article on Irishtimes.com

NAMA and risk reports

I will post the document first and tell the story below, it’s worth a look. The information contained in this FOI, is I believe, valuable.

Cost-benefit analyses, impact reports or preparatory reports for NAMA

Why is this information valuable? It contains a timeline of what companies were involved in consulting the Government on the formation of NAMA, and gives us insight into the process. It also contains previously unknown titles, such as HSBC’s “Project Neo”. This is likely relates to the rumoured formation of a “New Anglo Irish Bank” in 2010. And it gives us an idea as to the level of involvement of Merrill, Arthur Cox, Rotschilds, PwC and HSBC.

The background:

A little bit of a saga ended today, finally. It is worth noting the dates involved in this request.

On August 17 I sought the following information from the Department of Finance:

1) A list of all cost-benefit analyses, impact reports or preparatory reports that have been carried out by the Department in relation to the proposed National Asset Management Agency (NAMA). Please can you list the title of the document, its date, and by whom it was written.

2) A list of all cost-benefit analyses, impact reports, or preparatory reports that have been carried out by people or companies working on behalf of, or at the request of the Department, in relation to the proposed National Asset Management Agency (NAMA). Please can you list the title of the document, its date, and by whom it was written.

I received my acknowledgment as standard, which was followed up with an email. The email said it was unlikely my request would be successful but if I wanted, I could be given information outside of my request. I went along with this and it resulted in this blog post on September 30. That’s in and around the 20 day limit under the Act.

But I didn’t feel the information provided was sufficient, and I always wanted information should my request be refused. So I said I still wanted to proceed with my original request. The Department then took the date of my re-request as the initial date, thus giving them another 20 working days. This brought the result of the request into early November, despite an initial request in August.

Numerous emails were sent, and replied to. The civil servants involved were “busy” with NAMA and it was taking longer than normal to reply to my request. Last week I had enough, and wrote an email seeking an internal review as my request was now a deemed refusal since the 20 day limit had expired. Today, December 8, nearly four months later, I got the reply.

The Digest – Dec 6 2009

Starting now, a Sunday night weekly round-up type thing.

The Digest will contain links to sources and stories worth reading – usually on topics kinda relevant to our terms of reference – from the week that was…

There’ll be about five links under each of three headings, Home, World and Other.

– HOME

Keiran Walsh, lecturer in UCC, writes about The Murphy Report and intra-agency co-operation on the excellent new Human Rights in Ireland blog. Walsh is currently pursuing a PhD examining the role of risk analysis and preventative measures in child protection. He’s also a former advisor to the Special Rapporteur on Child Protection and Barnardos. Subscribe to that blog.

Chief Cedar, union member and now union critic, WorldByStorm, eviscerates the union leadership for their negotiation failures…

That we are, as it were, being forced by orthodoxy to look at only one side of the equation of tax and spend, that being spend.

Indeed one could argue the the strategic goal of the unions should have been to act to put that argument front and centre before the Irish people, ahead of public sector wages, ahead of everything. Because once you accept the parameters of orthodoxy you’re lost, since then it comes down to how much is cut and not why there are cuts. And since the eschatological approach of those arguing for cuts leaves no wiggle room (look at the actuality of unpaid leave, effective 5 – 7% wage cuts, as against… er… 5 – 6% wage cuts sought by Cowen today from pay cuts). Truth is pay cuts may be less penurious than unpaid leave. But that won’t get through the filter.

Despite the impression held by many, just 16% of families traveled north of the border to shop in Quarter 2 (PDF link) this year, says the CSO. Continue reading “The Digest – Dec 6 2009”

Ansbacher Report

I had previously uploaded the entire Ansbacher report to the internet earlier this year. However it was not OCRd, and was difficult to read because the documents were seperate. I have now begun the process of OCRing the report and combining all of its appendices (several thousand pages). If anyone has copies of any other reports that need to be digitised and OCRd, please get in touch.

Ansbacher Report
Ansbacher Report, Appendix Volume 1 & 2
Ansbacher Report, Appendix Volume 3 (Roger P Ballagh)
Ansbacher Report, Appendix Volume 4 (Padraig Collery)
Ansbacher Report, Appendix Volume 5 (P Vincent Doyle)
Ansbacher Report, Appendix Volume 6 (Denis Foley TD)
Ansbacher Report, Appendix Volume 7 (Gerald Hickey)
Ansbacher Report, Appendix Volume 8 (Mary Meagher McCarroll)
Ansbacher Report, Appendix Volume 9 (Susan Sheridan Mack)
Ansbacher Report, Appendix Volume 10 (Maurice Neligan & Dr Patricia Neligan)
Ansbacher Report, Appendix Volume 11 (Sonia Rogers)
Ansbacher Report, Appendix Volume 12 (Des Traynor)
Ansbacher Report, Appendix Volume 13 (Blue Jeans Limited & JB Agencies)
Ansbacher Report, Appendix Volume 14 (Harold Murray)
Ansbacher Report, Appendix Volume 15 (James McCarthy)

The tax defaulters list; June to September

The Revenue Commissioners published their quarterly list of tax defaulters during the week. It’s always worth a scan through if you’re a nosey bollocks who doesn’t like tax avoiders journalist at a loose end.

Revenue Tax Defaulters List for June 1 to September 30 2009

€179.4m was recouped altogether, with details of the big-baddies being made public. It was a colourful bunch this time too, a postman, the owner of a lap-dancing club, a taxi driver, a singer and – with impeccable timing – a priest, were all amongst the redden-faced. The usual types were in there of course also – property developers, construction industry types, farmers, auctioneers, company directors, etc.

The papers and broadcasters, as is their perogative, covered the stories of the lads and lassies fined big numbers. I prefer the other stories though, the ones that tend to get glossed over… you know, the people fined just forty or fifty grand – as opposed to millions – for trying avoid contributing to the country’s coffers…

It’s been a tough few months for Michael McDarby and Séan Acton. Back in February 2008 the two lawyers from Mayo were dragged before the Solicitor’s Disciplinary Tribunal (SDT), where they were found guilty of eight counts of professional misconduct. An embarassing incident, no doubt. According to the Mayo News, the counts included… Continue reading “The tax defaulters list; June to September”

More Anglo FOIs

Deputy Joan Burton (Labour) has been kind enough to share more of her Freedom of Information requests relating to Anglo Irish Bank. I have scanned and OCRd these documents for easy searching. If any other TDs wish to share their requests, please contact us.


Burton 1 (Ireland notification to EC)
Burton Anglo 2
Burton Anglo 3 (Result of appeal for internal review)

Burton refusal

Anglo 3 is interesting. It contains an email to the Financial Regulator Patrick Neary on October 11, 2008:

Min v anxious that we have the pwc work on anglo asap so that we understand their book in detail – sees them as most likely source of trouble, esp given share price movements during the wk

It also contains this email from John Paul Coleman at Anglo, dated January 20, 2009:

Marie,

As discussed as at the 30th September 2008 (last published accounts) the Bank had €2.835 billion of perpetual bonds not guaranteed under the scheme.

This includes the Banks GBP300million preference shares (€371 million at 30th September).Attached is the note which will be in the Banks annual accounts showing this for September. The note has both dated and undated but I have highlighted the undated (perpetual) bonds.

Any additional information needed please let me know.

Regards,
John-Paul