Archive for July, 2014
BY Thomás Áengus O Cléirigh
Left this camper out for a few months over the winter and the chrome wheel caps were destroyed by the rust so saw on the net that Coke would do a nice job on so I put it to the test !
Having waited until after the US equity markets closed, Portugal’s troubled Banco Espirito Santo unveiled an enormous EUR 3.577 Billion loss – that is 15 times larger than the loss the bank suffered a year earlier. The data – to end-June, before the crisis really got going – already shows notable deposit flight, a 73.1% plunge in banking income, and a EUR 3 billion collapse in repoable assets (i.e. liquidity). On the heels of this Portugal’s securities regulator has enforced a short-selling ban on BES… we suspect they would not have done that if all was systemically well in Portugal.
For some context on the loss… BES market cap at the close today was less than EUR 2 billion…
Highlights (or lowlights) of the data as of June 30th – before the crisis escalated
A collapse in banking income
Plunge in liquidity, collapse in Net Income, jump in operating costs, and tumble in total equity…
full article at source: http://www.zerohedge.com
By Thomás Aengus O Cléirigh
Today again for the 70th or so week a small band of citizens from DUBLIN SAYS NO to IMPOSED AUSTERITY had their weekly protest march down O Connell Street: I was fortunate to be able to accompany them. This group are committed to highlighting suffering of the ordinary people and people who cannot gain access to the nations controlled media; the removal of social services, the removal of medicial cards and the evictions not to mention the imposed new taxes on life giving water to name but a few of the cruel austerity measures and on top of all this they also demonstrated their support for the besieged people of Gaza.
What a pity the Sunday Shoppers on O Connell did not share our views and join us!
WE got a lot of two legged sheep here in Ireland! What will it take to wake up the people of Ireland???
Thankfully the peoples of the world are no longer swallowing the tripe conning from the controlled Media
By Thomás Aengus O Cléirigh
Thankfully the peoples of the world are no longer swallowing the tripe conning from the controlled Media outlets and the government controlled propaganda machines! To-day again awakened citizens of Ireland came out on to the streets of Dublin and showed the gutless politicians who betrayed again the wishes of the vast majority of the people of Ireland to hold the criminals in Israel to account for the murder of citizens of Gaza! The gutless gombeen politicians, who supposedly represent the people of Ireland, refused to condemn the criminal actions of a bunch of raving lunatics in the Israeli Government! Not in my name I do not accept that these puppets are representing me or my family and I demand the apprehension of the war criminals reasonable for the murder of the innocent people of Gaza! I declare that the Irish government are complicit in these murders and that they should also be brought to the international court of Justice! They are equally guilty of Murder!