Archive for February, 2015
A GOREY mother, who is faced with eviction and homelessness on July 31, has appealed to the country’s politicians to step in and take practical action to prevent her and 37,500 distressed borrowers like her, from being put out of their homes.
Anna Flynn, 44, whose two youngest children live with her in the three-bed semi-detached house she bought in Meadowgate during the boom, fell behind on her mortgage payments in recent years, after she was forced to quit work due to serious illness.
Last week, she received an eviction notice from the mortgage company, which is prepared to sell her home for as little as €80,000, despite her offering to pay €435 per month, or around €170,000 over the next 27 years.
Originally from Dublin, Anna lived in Bray for 15 years before she purchased the house in 2007 for €350,000. ‘I moved to Gorey eight years ago from Bray after my divorce,’ she said. ‘I couldn’t afford to buy in Bray, so I moved to Gorey, and I put €110,000 down on the house.’
Anna worked as an assistant financial controller, and could afford the €1,400 a month repayments on the €240,000 mortgage which was taken out with Irish Nationwide. The mortgage later went to IBRC and then her mortgage was bought by investment company Mars Capital Ireland Limited.
Six years ago, Anna first got ill, was hospitalised, and had to leave her job. She returned to work in 2011, but could only find part-time employment. In 2013, she became extremely ill, and had her bowel removed, and had complications from surgery. She was out of work for ten months without sick pay.
She went back to work for three months, but was so ill, under medical advice, she left.
‘All the time I was trying to negotiate with the bank, (IBRC)’ she said. ‘It kept getting kicked down the line for a long time. I would pay as much as I could, and there was constant to-ing and fro-ing, but no-one would make a decision.’
Anna was on interest-only payments for a while – at €770 per month, but it got that she couldn’t afford those. When Mars Capital came on the scene, the pressure really came on. Anna had been working with MABS, and now went to New Beginnings which told the lender she could pay a certain amount if they parked €170,000 of the debt.
The lender told Anna her mortgage isn’t sustainable, despite her offering €435 a month. Once she was told this, she was advised to stop making payments as it was ‘throwing good money after bad.’
New Beginnings told her that her house will most likely be sold off for 75 per cent of its market value, which works out at around €80,000, far less than she has offered.
Anna’s two adult children live and work in Dublin, and she has a 12 year-old daughter and six-year old son in Gorey. Her support network, her friends and family live locally, while others are a short distance away in Dublin. She attends St Vincent’s for medical appointments. Very often she can’t drive due to the strong medication she’s on.
She approached Wexford County Council to see if any solution could be found to her pending homelessness. ‘They said there’s no social housing available and there’s nothing they can do for me,’ she said.
She suggested that the Council buy the house and she pay rent but they said the funds aren’t there for that, and if she wanted to be housed, she would have to move to Enniscorthy or New Ross, away from her support network. ‘I was told “if you want to live in Gorey, you will have to pitch a tent,”‘ she stated.
‘I’ve paid tax, stamp duty, everything, all my life, apart from when I was sick, and nobody can help me,’ she added.
She approached her local Councillors, and Cllr Mary Farrell and Cllr Fionntán Ó Súilleabháin responded. She said that Cllr Ó Súilleabháin in particular has been of great support.
‘This is a concrete example that highlights how villainous the banks are – even worse than the infamous landlords in this area over a century ago,’ said Sinn Féin Cllr Ó Súilleabháin. ‘Government policy backs the banks over citizens.’ He said his party believes there should be an independent body that can force banks into agreeing a fair arrangement with those in mortgage distress. He said Council policy needs to change to facilitate people like Anna.
Anna wasn’t aware of the court date on January 26 last, when the court order for her eviction was made.
‘If I’m willing to pay the most I can pay, I don’t understand why they are going to evict me,’ she said. ‘It just doesn’t make sense. Even if the bank was to say we’ll review it in a year, it would be something.’
Anna now has to file for bankruptcy so the total debt hanging over her doesn’t follow her for the rest of her life. Due to arrears and interest, she now owes more than the original mortgage – €290,000. The bankruptcy process has so far cost her €2,000.
‘Basically I’m out on the street,’ she said. ‘The Council’s advice is to hand them back the keys and move to Enniscorthy or New Ross.’
‘The whole system is flawed,’ she said. ‘If I rent private accommodation, I have to get rent allowance, but with the threshold of €575, I would have to get the landlord to lie about the rent and make up the difference. Everybody is doing it.’
She pointed out that hundreds of millions are to be invested in social housing, and she was told by the Council staff that the money is for homelessness. ‘I said I will be homeless, and I was told “you’re not homeless yet,”‘ she said.
‘So many people are in the same position as me – 37,500 people. Are they going to evict 37,500 people?’ she asked. ‘I’m not looking for anything for nothing. I’m not looking to be a drain on the State. The only people that can help are the politicians, if they could advocate on my behalf.’
‘I voted Fine Gael, and they promised they would sort out this situation. This is their mandate, part of their programme for government. Four years later, they haven’t done anything,’ said Anna. ‘Even if I could live here and rent off the bank, I would do that.’
‘I only want them to do a deal with me,’ she continued. ‘It’s my children’s home and it’s my community. I just want stability for my kids.’
‘I’m prepared to pay a certain amount to stay in the property so I don’t become someone else the government has to subsidise,’ she said. ‘It really doesn’t make sense to put people out of their homes.’
‘I’ve always worked hard for what I had,’ she added. ‘I’ve always had faith in the system. I felt if you worked hard and paid your taxes, it was done for a reason, and if you did need help, the system was there to support you.’
‘I feel now that every time I’ve looked for help, it’s not there,’ she concluded. ‘Every door I’ve gone to has been closed. No-one is prepared to help me. Maybe if more people like me are heard, something will be done. Maybe some TD will say “it’s not fair”, and it will prompt them to do something, because it’s not just me.’
GREECE LATEST: HUGE GREEK BANK OUTFLOWS, EURO FALLING AGAINST THE £, BUNDESTAG BACKS GREECE MEMORANDUM
the financial system based on never-ending accumulation of debts is shear madness! Time to reset the whole system! Who pays I hear you ask ?? WHY the 1% of course! These debts were created out of money that was created out of thin air and at the pressing of a button in the ECB : MY answer : Press another button ,the Delete button!
If the Varoufakis memorandum ‘deal’ is so respectable, why do none of the players, or their Party bigwigs, or the markets, like it?
‘So, those who think that Varoufakis should have given the Eurogroup an ultimatum (“Reduce our debts or we’ll leave.”) simply don’t understand the nature of the negotiations. Varoufakis was forced to operate within very strict parameters. Given those limitations, he nabbed a very respectable deal.’
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But then there is this!
So here is the proof GSOC are not fit for purpose .B334 Garda Peter O’Brien ripped off my glasses and pepper sprayed me in the eyes but the garda enquiry says he has no case to answer . I never even met the newly promoted chief superintendent Lorraine Wheatley .As far as i know not even one of my witnesses was interviewed . He assaulted me and robbed my glasses. An Garda Síochána and GSOC are a disgrace corrupt to the hilt .
An Unconditional Basic Income (UBI) is an income unconditionally granted to all members of a political community on an individual basis, without means test or work requirement. Unlike existing minimum income schemes in european countries, UBI is universal, individual, unconditional, and high enough to ensure an existence in dignity and participation in society.
What is Unconditional Basic Income?
Universal: Every person, irrespective of age, descent, place of residence, profession etc. will be entitled to receive this allocation.
Individual: Everyone has the right to UBI on an individual basis as this is the only way to ensure privacy and to prevent control over other individuals. UBI will be independent of marital status, cohabitation or household configuration, or of the income or property of other household or family members.
Unconditional: As a human right UBI shall not depend on any preconditions, whether an obligation to take paid employment, to be involved in community service, or to behave according to traditional gender roles. Nor will it be subject to income, savings or property limits.
High enough: The amount should provide for a decent standard of living, which meets society’s social and cultural standards in the country concerned. It should prevent material poverty and provide the opportunity to participate in society and to live in dignity.
We emphasize that UBI should not replace the compensatory welfare state but rather complete and transform it into an emancipatory welfare system.
see more here : http://basicincome-europe.org/
(NaturalNews) Cleanup crews trying to mitigate Japan’s never-ending radiation crisis at Fukushima ran into more problems recently after sensors monitoring a drainage gutter detected a huge spike in radiation levels from wastewater pouring into the Pacific Ocean.
The Tokyo Electric Power Company says radiation levels were up to 70 times, or 7,000 percent, higher than normal, prompting an immediate shutdown of the drainage instrument. The first readings came around 10 a.m. local time on February 22, setting off alarms not once but twice as radiation levels spiked to extremely high levels.
“The levels of beta ray-emitting substances, such as strontium-90, measured 5,050 to 7,230 becquerels per liter of water between 10:20 a.m. and 10:50 a.m.,” reported The Japan Times. “TEPCO requires radioactivity levels of groundwater at the plant discharged into the sea to remain below 5 becquerels.”
TEPCO shut off leaky gutter, but radiation continued to spike throughout day
The gutter was quickly decommissioned to prevent further radiation emissions, but the leaks reportedly continued throughout the day, with radiation levels hovering between 10 and 20 times higher than normal. TEPCO says it doesn’t know what caused the sudden radiation spikes.
“With emergency surveys of the plant and monitoring of other sensors, we have no reason to believe tanks storing radioactive waste water have leaked,” stated a plant official to the media. “We have shut the gutter [from pouring water to the bay]. We are currently monitoring the sensors at the gutter and seeing the trend.”
Multiple major leaks reported as Fukushima generates 400 tons of new radioactive waste daily
Just four days prior to the leak, the International Atomic Energy Agency congratulated TEPCO for its continued cleanup efforts at the Fukushima site. This is despite numerous other radiation leaks, some of them quite major, that have occurred in recent months at the shuttered facility.
Back in October 2013, for instance, a failed transfer of radioactive wastewater from one storage tank to another resulted in more than four tons of highly contaminated sludge being dumped into the ground. Not long before this, 300 tons of radioactive waste reportedly leaked from another nearby storage tank.
As we reported earlier in the month, a worker actually died after falling into a radioactive storage tank during a routine inspection. The 33-foot container that swallowed the man is one of many at the site that holds a portion of the 400 tons of highly radioactive water generated daily at Fukushima.
Fukushima workers build one new storage tank daily, but this can’t go on forever
The Japan News reports that large storage tanks capable of holding up to 2,900 tons of contaminated water are constantly being built at the site, up to one new tank daily, in fact. At some point, though, other mitigatory measures will have to be implemented, as there’s only so much space available to build more tanks.
According to The Ecologist, the Reactor 3 fuel storage pond also still contains upwards of 89 metric tons of plutonium-based, mixed-oxide fuel that, should the pond leak or dry up, could result in another major reactor meltdown. Reactor 3, as you may recall, experienced a full meltdown back in 2011 that resulted in the reactor core falling through the floor to the bottom of the containment vessel.
The chart at the following link, which was put together just days after the tsunami and earthquake hit Fukushima, provides a visual breakdown of radiation exposures from various sources. It can be used to quantify the threat associated with each respective leak:
I was thinking the same for Ireland!
“You, Deputy, would not like to be hemmed in by a baying mob for two and a half hours,” Taoiseach Enda Kenny
Thomás O Cléirigh
I am not part of a mob! I am a respectability member of a community that has been devastated by the lying corporate gangsters now cloaking themselves as the Irish government! I am 59 years and have worked and paid my taxes all my life ( started working at the age of 15 years) I resent the attempts of various Politicians ,Bankers their spin doctors and hangers-on, of the ruling party’s to push the blame on me and everybody else for the financial meltdown that has befallen our country: Their greed and parasitic nature has destroyed our country and now the only way for me to voice my justifiable anger and contempt for these parasites is to walk the streets with the real patriots & decent people of Ireland ! This bunch of treacherous sellouts are driving ordinary people to the streets and they have a cheek then to call us a MOB! Despicable!
in response to this article: http://www.thejournal.ie/water-charges-enda-1786328-Nov2014/