Category: Ireland

Month in Review, April 2012

29 June, 2012 (10:13) | China, Foreclosure, Homeownership, Housing, Ireland, Litigation, Month in review, Supreme Court, US News, Zoning |

By:David A. Smith   [Previous Month in Reviews available here: Mar 12, Feb 12, Jan 12]   Among its many attributes, housing is a deeply personal asset – you are what you live in –   That’s not what we meant by mobile homes   – and so what we are permitted to do in […]

Irish breakfast: Part 2, Let it steep

24 April, 2012 (11:28) | Eurozone, Global news, Ireland, Local issues, Property taxes, Stamp duty, Subprime, Taxation |

[Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday’s post introduced Ireland’s bitter brew of newfound fiscal austerity and the introduction of ane entirely rational normal residential property tax:   Brewed in Ireland   Nevertheless, the March 31 deadline triggered protests across the small nation (the size of Indiana), whose significance can be […]

Irish breakfast: Part 1, Bitter brew

23 April, 2012 (13:58) | Eurozone, Global news, Ireland, Local issues, Property taxes, Stamp duty, Subprime, Taxation |

By:David A. Smith   Austerity is always bitter.     So we, naturally enough, want to defer it.     Especially if we think that somehow our refusal will make it go away – which is what has been playing out in Ireland:   Ireland Faces Popular Revolt Over New Property Tax   As so […]

Banking’s Wild Geese: Part 2, the recovering

7 October, 2009 (10:01) | Capital markets, Ireland, Lehman, Subprime, US News |

[Continued from yesterday's Part 1.]   By: David A. Smith   Yesterday’s post followed banking’s Wild Geese – the former Lehman traders, bankers, and salesmen, profiled in a recent New York Times article, whose lives exploded when their firm did.   Three of Lehman’s Wild Geese: unemployed Gelber, gentlemen of leisure Linton, plugger Ollquist   […]

Banking’s Wild Geese: Part 1, the casualties

6 October, 2009 (11:23) | Capital markets, Ireland, Lehman, Subprime, US News |

By: David A. Smith   O the Wild Geese are flying, O the Wild Geese are flying. We’ve built your canals and railroads, our buildings reach the sky – “The Wild Geese,” by Mike Harding   In 1691, after the Williamite Army crushed the Irish Jacobite army in the Battle of the Boyne, their army […]