Shane Ross

Latest Videos

Recent Articles

JOB VACANCY: Secretarial Assistant to Member of Dáil Éireann

SECRETARIAL ASSISTANT TO MEMBER OF DÁIL ÉIREANN:   Minister for Transport, Tourism
Read more >

Drink Driving – The Facts

Shane Ross, T.D. | 05/04/2017 | The Irish Daily Mail | Everyone is entitled to their own o
Read more >

Quick Search

Archive for September, 2012

Middle Ireland will not pay, because it cannot pay

One of the last measures to pass through the Dail before the summer recess was supposedly aimed at helping citizens in debt. We had waited a long time for the wise men among the mandarins to defuse the next banking time bomb.

Bankrupts were now to live in a more lenient regime. Homeowners in debt were destined to be released from bondage. Committees galore, expert groups comprising a lethal cocktail of bankers by the bucketful, civil servants and accountants had struggled with the problem.

On the night that the dreaded Personal Insolvency Bill was passed, most of the bankrupts could be counted sitting smugly on the government benches. They were bankrupt of ideas, bankrupt of solutions, bankrupt of interest in the subject. They simply wanted to pass the problem on to the various discredited institutions and individuals entrusted with sorting out Ireland’s increasingly impoverished middle class.

AIB gives Nod to Foley’s Folly

IT was one of those defining moments. I gasped when I heard the news. AIB, the barely breathing corpse of Irish banking, had seen the light. The board of the zombie bank had suffered a deathbed repentance. The country could yet be saved.

Last week, the news seeped through that AIB had appointed Thomas Foley to the board. I used to know Thomas Foley a little. The former US ambassador to Ireland was an ideal choice. He carried none of the normal, but fatally flawed, banking baggage borne by other nominees to Ireland’s bank boards.

AIB desperately needed an energetic American, an outsider with a business pedigree. Foley had been respected and popular during his short stint at the US embassy here. In 2009, he had returned to the US and got married.

We thought that his return home would be the last we would see of the US businessman. But no, AIB had done a good day’s work by enticing him back.

Noonan’s Tall Tale on Home Tax

Michael Noonan must be nursing a sore head today. No, Noonan is not a big drinker so will have been able to resist the temptations of Cypriot hospitality out at the finance ministers’ summit in Nicosia.

Nor will he have overindulged on his visits to Paris, Berlin and Rome en route to the Mediterranean island’s capital.

Paeans of praise have been pouring on to poor Michael’s head. Commissioner Olli Rehn and European president Herman van Rompuy have been going over the top in lauding our finance minister.

No political head in European history has ever been patted more enthusiastically than Noonan’s is these days. It has been patted in Paris. It has been patted in Rome. It has been patted in Berlin. Wherever he goes, his head is given a gentle pat and he is sent merrily on his way.

Rogues Rob Custom House

IS the mattress your only man? Small investors ask the same question daily, as they contemplate the unthinkable. Where are their savings safe?

Should they open a bank account in Germany? Is Switzerland still the business? How would they go about buying Finnish bonds?

Nobody wants to speculate any more. If ordinary citizens are lucky enough to have savings or a pension, the height of their ambitions is to hold on to them. If the vultures do not steal their savings, the Government will impose a levy.

Holding on to your money– not increasing it — is today’s challenge. There are too many sharks and scoundrels lurking around planning an ambush.

Choke Property Tax at Birth

‘ALL that has been decided,” protested the Minister for Finance Michael Noonan dismissively last week, “is that there will be a property tax on family homes and that property tax will be collected by the Revenue Commissioners.”

That’s all. Nothing really.

The last refuge of battered middle-class Ireland is under fire.

Calm down, then. What is all the fuss about? Your family home is being threatened. The Government has appointed the noble army of taxmen as the enforcers.