Tag Archives: Banks

Housing market: Prices, profits & repossessions rise

By Finghín Kelly The realities of “recovery” Ireland is in sharp contrast to the official propaganda we are daily fed. Nowhere is this more obvious than when we look at the housing crisis. Last month the Courts Service revealed that 586 repossession orders were granted by the courts in the first three months of this year. This represents a 600% ...

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AIB back in profit – must remain in public ownership

· After socialising losses, profits can now be shared by society… · Banks can become a public utility to advance economy rather than make profits The Anti-Austerity Alliance has said that the news that AIB has returned to profit should spark a debate in Irish society about the economic role banks currently play in society and the role they could ...

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