If you are asking what I think you’re aksing then you might find the post I wrote called “Who are the bond holders we are bailing out?” of interest. You can find it on the front page of the blog under “Featured posts” . Or if I’ve misunderstood your question get back to me. But I am going to bed soon. Long day and I’m out till Friday pm.

How much of Irish bank debt covered by the guarantee was owed by the banks to european financial institutions ?

again…

Selling home tips

So, one more necessary measure to add to the mix: cut the financial link between corporations and parties/politicians. Easier said than done, I know, but politics will be in the pocket of financial interests until the link is cut.

I have no objections to 1. Full Reserve Banking although given house prices only reached the dizzy multiples they did due to 'overenthusiastic' lending policies I can see lots of vested interests not being too happy as one outcome may be a reduction in asset prices.

No. 2 Land Value Tax, I quite like this one but for it to be accepted it would have to be an open and transparent system where anybody can work out the tax liability of any given piece of land and not subject to political influence.
One fly in the ointment of such a system might be where TPTB decide (possibly democratically) that a new motorway and junction should be built in my vicinity, I personally might lose amenity (more traffic/building in my vicinity) whereas my Land Tax might rise due to my area becoming more accessible.

3. Tobin Tax, not sure this is required if there is both 1. and 2. implemented.

The trillion-dollar question – convince the current vested interests that it is in their interests to implement them, business as usual is what worked for them in the past and they see little incentive to change at the moment.

The only way to get these interests to even consider change is to demonstrate the outcome of an attempt to return to BAU ie. a total collapse where even they will suffer (under BAU it has only been those in the middle and bottom who suffered)

The economy will have to be pushed right to the very edge and only then will change become viable.

I don't have any hopes myself about presenting ideas to the main parties, but the aim would be to get the issues more widely aired and open up debate. Like you, I also think we need to look beyond national borders, because the problem is international.

The trillion-dollar question, however, remains: how do we get from coming up with viable solutions to getting them implemented?

I apologise if you felt ignored. I read what you wrote and thought about it. I didn't reply just because I am a bit pre-occupied at present and what you're after is, as you say, jioning up the dots not jotting down some pat answer.

I believe we – you, me, many others here – are gradually doing what you suggest, here on this blog and on others. We do need to pull things together you're right. And I believe we will. I do not think it will be a matter of presenting teh ideas to the main parties.

I would love to believe that would work but I don't. I think we are going to need to look beyond the main parties and also think beyond national borders.