Sunday 19 April 2009

One way to solve the economic crisis – get Blottoed

Sunday Tribune, 12 April

It is Easter Sunday and I bring you tidings of great joy. That's right, 'great joy', for tomorrow night there will arise from our midst two new millionaires. Hallelujah. On Tuesday morning, when everyone else is glumly listening to Mourning Ireland, two lucky people will be chuckling away under their respective duvets thanks to the National Lottery's Millionaire draw.
Have you bought a ticket? Don't worry if you haven't as I've even better news for you: I have a plan to make us all a few bob and rescue the country from the knacker's yard. It's this: we hold a big raffle. A VERY BIG raffle. The WORLD'S BIGGEST RAFFLE EVER, in fact.
Last Tuesday, Brian Lenihan announced that he's buying a load of useless land and half-finished buildings on our behalf. He calls them "toxic assets". Every day, their value is getting smaller, but someday, someone, somewhere may buy them. That's what he's hoping for, at any rate. My plan is, instead of leaving these "toxic assets" lying idle, we (drum roll, please)… raffle them. As this brilliant idea came to me after a few budget-free scoops, I propose to call this land Lotto, the 'Blotto'.
Here's how it works: Brian is blindfolded (nothing new there) and chooses one toxic deed from the pile in his office. Let's say it's for an unfinished street. This is then put up for the Blotto. Tickets are sold worldwide, priced at €50 each. As there are 80 million people who claim Irish ancestry, that's a guaranteed €4bn already. Then there's the Chinese – they love a gamble and there's a billion of them. There's loads of Africans too. See the potential? Some lucky Blotto player will win a (half-finished) street for €50. They can then sell it back to the developer at a reasonable price and he can finish it off using cheap Irish labour. The state, the winner and the developer all make a profit. The houses are then sold at pre-boom prices. 'Blotto! It could be you!!'
There's even a precedent for Blotto. In 1984, horse trainer Barney Curley raffled his Middleton Park mansion, selling 9,000 tickets at £200 each. Last October, Tony Browne from Corbally, Co Limerick, decided to do the same with his €352,000 home (he reckoned 800 tickets at €500 each would do the trick).
The authorities have played Blotto before as well. In November 2002, Cork City Council raffled 40 homes to 600 people. The pathetic state of the affordable housing scheme was highlighted when the council put the applicants' names in a hat and offered to sell a cut-price house to the first 40 out.
But why stop with toxic assets? We could Blotto places we don't like and are costing us money. Like the gang-ridden 'Island' area of Limerick where the cost of policing is outrageous. We could market it as "a disarming corner of the Shannon estuary with abundant wild life".
Once a month, we could buy special 'Madonna Blotto' tickets, with the winner getting adopted by that nice old lady. Well, what's Malawi got that Ireland hasn't? Apart from more money, of course.
Why not Blotto the entire country? Maybe not – the Germans might win us. Any road, that's my rescue plan. Now consider the government's plan.
The plan is to bleed us dry with new levies and rescue their wealthy friends by buying up their "toxic" land for €90bn. Some of this land may never be eligible for planning permission. What then? Does the government plan to force permission through?
The government believes it's "fair" to spend €90bn cleaning up their friends' mess and then levy people on the minimum wage. That's €18,000 a year. To put that figure in context, during the first 10 months of 2008, €23,000 was spent on serviettes and crockery at Leinster House's catering facilities.
While we are being screwed, the drinks and racing industries are left unscathed. You can't get a job or pay your mortgage, but you can drink yourself to death or gamble your house on the horses. That's an interesting message to send the electorate.
Where were the incentives in this
budget? Why wasn't VAT lowered? If even 1% was chipped off, it might have encouraged those who have money to spend it. As for jobs, if the government manages to dispose of "toxic" land, the only employment generated will be in the construction industry – the same industry that got us into this mess.
Social problems are rising and last week the gardaí said that cutbacks are hampering their ability to respond to calls for help. The government that failed to protect us from the bankers is now failing to protect us from criminals.
Brian Lenihan's bludget is brutal in every sense of the word and, like the regime that spawned it, is utterly devoid of any original ideas. It's the final proof that we need a National Government – fast. It makes the Blotto Plan look positively inspired.
Here's an idea: let's Blotto Lenihan and see how many tickets we sell. I bet we'd shift more if we Blottoed one of those paintings of bare-chested Brian Cowen.
Either way, you're looking at the ultimate booby prize.

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