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Archive for the ‘Irish Life and Permanent’ Category

Don’t buy just yet!


I see that the
Permanent TSB property price survey will be published on a quarterly basis from now on, the reason was “not enough mortgages are being issued to provide accurate monthly data”.

Yet we have an advertising campaign from Bank of Ireland claiming that 100 mortgages are been approved every day just from them!

Now who in their right mind will believe anything they say?

If you are in the market for a house, hold on to your money and you will be able to buy that house for at least 35 % cheaper this time next year !

Don’t say I didn’t warn you!

Irish Life Mortgage’s Up-date

Irish Life & Permanent said it will raise the rate on its standard variable mortgage by 0.5pc from February 1, citing the “high cost” of funds required to finance its mortgage loan book.

“As has been previously advised to the market,” Irish Life’s banking unit Permanent TSB “is facing significant financial challenges,” the lender said in a statement today. The “high cost of funds continues to pose challenges.”

Irish Life said the change in the rate will affect just under 80,000 residential mortgage customers

Machholz comment

So these crooks are going to fleece their customers again and the Government are just going to sit back and let it happen!

I suggest that all the customers get together and picket the Head offices in Dublin and keep the picket on until they are forced to withdraw the last two hikes

All the customers could form a union and as such would oblige other unions to stand with them

Remember we the people are the real masters of our own destiny

come on we are 80,000 strong  lets show them!

 

Leave a message or comment if you want to help set up this action group!

or call  0860666321

Irish Life Mortgage’s


Opposition parties have sought an assurance from the Government that other banks will not follow the lead of Permanent TSB if it puts up its variable mortgage interest rates.

Finance Minister Brian Lenihan said that no Minister for Finance since the foundation of the State had come into the Dáil and announced what mortgage interest rates would be.

He also pointed out that Permanent TSB had not applied to come under NAMA, nor had it sought any recapitalisation from the State.

Mr Lenihan added that Permanent TSB had paid for the benefit of the State 

Guarantees

and said the bank was in a difficult situation with historically low interest rates.

source http://www.rte.ie/business/2010/0128/mortgage.html

Lenihan again, cops out!

 Has he forgotten that is the Governments guarantees ,that keeps this corrupt financial Toxic Bank Afloat?

All he has to do is make a phone call, but for 70 thousand family’s,

 The sad news is,                                           

You’re not worth it!

The Ireland of to-day!

 

The Ireland of to-day!


“Just look at us. Everything is backwards; everything is upside down. Doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the major media destroy information and institutionalized, evangelicals] religions destroy spirituality, etc.”

Mahatma Gandhi:

Does this not accurately describe the Ireland of to-day?

Wake up, and fight back!

 

Spot the difference

 

This is a part of an article that David McWilliams wrote see link

http://www.davidmcwilliams.ie/2010/01/06/iceland-shows-importance-of-putting-people-before-banks

Yesterday the, largely ceremonial, president of Iceland stood up for what is right. He decided that it was not democratic for the Icelandic government to insist that the Icelandic people pay foreign depositors who deposited money in Icelandic banks that subsequently went bust.

The president refused to sign the parliament’s bill, which would have penalised the Icelandic people for the mistakes of the executives of the Icelandic banks. He concluded that this was not reasonable as the banking mess was not the fault of the average Icelander. Iceland will have a referendum on the issue now.

This move implies that Iceland might jeopardise its access to IMF funds as well as definitely knock back its aspirations to join the EU.

The official line peddled by the international bureaucrats is that standing up for the small guy undermines Iceland’s credibility. However, the president decided that if credibility in the eyes of the foreign investors comes via hoodwinking the average Icelandic citizen into footing the bill for a mistake the financial markets facilitated, then it was better to be not credible.

Comment


I wrote to the Irish President on the 12.11.2009

See below

Dear Madam President,

The Nama Bill was passed in the Dail this afternoon by 81 votes to 62.

This is the single biggest fraud perpetrated on the Irish people and all 81 TD’s that

Voted for this will be held accountable!

Nama will buy property loans with a supposed book value of 77 billion Euros, according to the Government

Brian Lenihan has estimated that the loans are currently worth about €47 billion.

On what bases could he possible justify this valuation?

Who exactly is being bailed out, none other than foreign entities with no allegiance to Ireland

Why anybody would take anything that this person says seriously, judging on his past record and bearing in mind that this person is responsible for the crises in the first place along with his incompetent cohorts !

By overpaying by €7 billion, the Government hopes to avoid bankrupting the banks

What a laugh, somebody should tell him that they are all ready bankrupt, (morally, socially, and financially)

These Banks have in the past stole from their own customers, the revenue and have being shown to be corrupt and found trying to manipulate each other’s shares and yearly accounts

The Bill will now be sent to President Mary McAleese

I appeal to you, the President, Mary McAleese

Not to sign this piece of legislation and as President to protect the Irish constitution which guarantees all the people the right to be heard?

The 500 green party members had their vote and now the vested interests in the Dail have had their say

We the ordinary people want to have our say, call a referendum on NAMA

Demand that this be brought before the people now!

Sincerely

This is the reply I got !

Conclusion

Our Presidency is just another link in the chain that is strangling Irish Democracy

No sooner has the current president set foot in the Aras she has immersed herself into the game of staying in power and sod the rest of the ordinary people

What a difference the Irish president sends out the above letter and supports the foreign bond holders but the, president of Iceland stood up for what is right. He decided that it was not democratic for the Icelandic government to insist that the Icelandic people pay foreign depositors

The Icelanders at least have a true Man of the people in their President

We on the other hand have yet another stooge for the ruling elite


CAB Join up to-day !

Citizens Association of the Bewildered
(CAB)

As stated before I remain convinced that we must put pressure on the powers that be

Again to-day Brian Cowen fob off the Idea of an investigation into the Banking meltdown that he and Brian Lenihian help to cause

He also poured water on the notion to revisit the previous financial regulators negligence

We can make all the comments we like and David McWilliams will eventually move on to the next topic

I believe that it has its uses, like b ringing likeminded individuals together to discuss the grave matters facing the Irish Nation.

But I am not satisfied anymore just talking about things I want to do something and I want to fight back I want to bring the fear I have every day, to the very people that have caused this incredible damage to our country

These people have blood on their hands, just look at the suicide’s statistics

There comes a time when you just have to stand up and take action !

Who will join me?

To all Irish patriots out there join


CAB  
 now

(Citizens Association of the Bewildered)

This new association is dedicated to taking the fight into the streets of Ireland to take back our country from the incompetent political leaches that have destroyed our independence, handed us over to unscrupulous bankers and their masters the foreign bond holders

This club is for people willing to fight using all available means to take back our country from the corrupt politicians in Lenster House who have sold out their own people to enrich themselves

You can get in touch with me  at  bewilderedcitizens@gmail.com

Only if you are willing to fight for what you believe in.

Any help is appreciated but do something!

protests in Dublin streets (3)

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