News that
the Coalition are in discussions with the EU and IMF won’t come as a 
shock. Reports have been circulating for days now that the EU and the
Finance Ministry have been locked in discussions and some have even
claimed that the IMF have been briefing the heavyweight financial
bourgeois press internationally in an attempt to pressurise the
coalition and the opposition parties into seeking a deal.

IRELAND: The Soldiers of Destiny are floundering out to sea far from
the coast of Donegal; or at least they don’t seem to be in the same
place as the voters. A report in the Irish Times today
quotes a RedC poll carried out on behalf of Paddy Power which indicates
that FF support in Donegal South West has collapsed from 51% to around
19% since 2007.

The biggest crash in the history of
capitalism in 2008 has created a new “normality” across the planet. This
has led to vicious cuts and severe attacks upon the workers in most
countries. The welfare states in Europe and elsewhere are being
aggressively dismantled. After the failure of Keynesianism the
neo-liberal model of capitalism, known as trickle-down economics,
Thatcherism or Reaganomics, has been an even bigger disaster.