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Archive for the ‘Irish Peoples Union’ Category

New reserve currency

This is big trouble for the USA
WASHINGTON (AP) — Regulators on Friday shut down a Nevada bank, raising to 83 the number of U.S. bank failures this year.
The 83 closures so far this year is more than double the pace set in all of 2009, which was itself a brisk year for shutdowns. By this time last year, regulators had closed 40 banks. The pace has accelerated as banks’ losses mount on loans made for commercial property and development.

The Federal Deposit Insurance Corp. took over Nevada Security Bank, based in Reno, with $480.3 million in assets and $479.8 million in deposits. Umpqua Bank, based in Roseburg, Ore., agreed to assume the assets and deposits of the failed bank.
New reserve currency
We in Ireland are still bailing out bankrupt banks at the cost billions we don’t have causing economic depression for this and the next generation!
With 52 thousand students coming out of our universities and no jobs to go to
alone along with 100,000 people all ready left the country ,and another 53 thousand students leaving secondary education this year
How many of them are going into apprenticeships, jobs or is it emigration for the majority for them
The Unelected Cowen and his band of economic terrorists are helping the top bankers of the state live it up while the rest of us struggle to pay our monthly bills
I say let the bankrupt banks pay their own bills and allow them to fail, just like the Americans are doing in the land of Free markets
Allowing the crooks in the Dail to plunder our natural resources and the wealth of future generations is a crime I personally do not want to be responsible for, when our children ask what you did to prevent it I can show I was active in my opposition and I made a stand
What can you say you did??
It is the responsibility of each and every one of us to oppose this band of thieves we must stand up and take action
Do not just stand by and allow our country to be destroyed by the current government who have sold out to the faceless bondholders in Germany , France and England
Stand up and Fight back now!
Put yourself up for election do not give you vote to any of the current TD’s
We need new blood in the Dail and not Family dynasties
We want a general election now and we need a new community party made up of new local people from ordinary backgrounds that will work for an average wage and not clock up huge self given perks, ending up as millionaires while the rest of us struggle to pay for these perks & pensions
We need real servants of the people and not leach’s sucking the rest of us dry like some of the current shower of TD’s are doing
The next general election must end Gombeenisem for good.
Promise yourself this and we just might save Ireland!

Billions for NAMA and sod the rest of us!

The right to work Campaign (3)

House price index (Permanent TSB/ESRI)

Quarter 1, 2010 – Permanent TSB/ESRI Index crashes 10.3% for Dublin

Today sees the publication of the first Permanent TSB/ESRI QUARTERLY house price index which replaces the old monthly index which was suspended following publication of the December 2009 index because of thin sales. The index published today tells us that the price of residential property has fallen by 4.8% since the end of December 2009 to the end of March 2010, ie an average monthly fall of 1.6%. The indication is that the pace of price falls is easing overall. The average price of a property nationwide is now €204,830. However prices in Dublin crashed 10.3% in the quarter which is worse than the 7.5% fall in Q4, 2009.

The National House Price index stood at 91.0 at the end of March 2010. The last time it was at this level was in November, 2002  when it stood at 91.2. The following shows the index since June 1999 at the end of each quarter (Mar, Jun, Sep, Dec).

The Dublin House Price index stood at 83.0 at the end of March 2010. The last time it was at this level was in June, 2002 when it stood at 83.3. The following shows the index since June 1999 at the end of each quarter (Mar, Jun, Sep, Dec). The average price of a property in Dublin is now €250,872.

The Outside Dublin House Price index stood at 95.9 at the end of March 2010. The last time it was at this level was in March, 2003 when it stood at 96.3. The following shows the index since June 1999 at the end of each quarter (Mar, Jun, Sep, Dec). The average price of a property is now €183,309.

So the key questions : are prices still falling? We don’t know by month but it is certainly the case that prices have continued to fall since December 2009 and the rate of fall between Sep-Dec 2009 (quarter) was 8.5% compared with a fall between Dec 2009 and March 2010 (quarter) of 4.8%.

source http://namawinelake.wordpress.com/2010/04/30/quarter-1-2010-permanent-tsbesr-index-crashes-10-3-for-dublin/

God save Ireland from these Gangsters!

Ombusdman Emily O’Reilly claimed today the work of her office was being undermined by what she described as “deficits in our parliamentary and government arrangements”.

In an address to the Institute of Public Administration in Dublin today, Ms O’Reilly criticised the Government’s decision last month to vote against a proposal to have her report on a grant aid scheme for commercial fishermen referred to an Oireachtas committee.

She said the handling of the controversial Lost to Sea report illustrated how the Oireachtas was being side-lined. Ms O’Reilly published the report last December after its findings were rejected by the Department of Agriculture, only the second time this has happened since the office of ombudsman was founded in the 1980s.

“Unfortunately, the model of government set out in the Irish Constitution has become more of a fiction than a reality,” Ms O’Reilly said. “In practice the Dáil, and to a slightly lesser extent the Seanad, is controlled very firmly by the Government parties through the operation of the whip system.

“For all practical purposes, and I very much regret having to say this so bluntly, parliament in Ireland has been sidelined and is no longer in a position to hold the executive to account,” she said. “With the exception of the election of a Taoiseach, almost all decisions of importance are taken by the executive and are rubber-stamped by parliament.”

The Lost at Sea scheme was established in 2001 by then minister for the marine Frank Fahey. Under the scheme, owners of fishing boats lost at sea could apply for grant aid for replacement capacity.

The Byrne family from Donegal later complained to the ombudsman after its application was rejected, on the grounds it was made after the deadline.

Ms O’Reilly’s report criticised several aspects of the scheme, including the advertising process, which she found was not comprehensive enough. She recommended compensation of €245,000 for the Byrnes.

Ms O’Reilly said last month the Dáil and Seanad had the task of deciding who is right and wrong in her dispute with the Department of Agriculture and Fisheries.

But following a heat Dáil debate on the matter last month, the Government voted against referring the report to the Joint Oireachtas Committee on Agriculture, Fisheries and Food.

In her speech today, Ms O’Reilly claimed the Government had stopped the Oireachtas adjudicating on her dispute with the Department of Agriculture by voting “along party political lines”.

She said this illustrated “how deficits in our parliamentary and government arrangements can adversely affect” the work of her office.

Ms O’Reilly said she would have expected a parliamentary committee, following appropriate scrutiny, to reach the conclusion that her recommendation in the report that financial compensation be paid to the complainant.

She said her office “had done, in its area of responsibility, precisely what the Financial Regulator was accused of not doing, in terms of failing to serve the public interest and rooting out maladministration in the banking system”.

Ms O’Reilly said she hoped the Oireachtas may yet find a mechanism to allow the report to be dealt with “calmly and reasonably”.

In a wide-ranging speech, the Ombudsman said poor governance in a number of our key private and public institutions lies at the heart of our economic downturn.

source http://www.google.com/hostednews/ukpress/article/ALeqM5i_wcQYTrQYYRoOefflmoB6QCHtgg

see also http://breakingnews.iol.ie/news/ireland/ombudsman-blames-tds-for-economic-downturn-449298.html

and  http://www.irishtimes.com/newspaper/breaking/2010/0309/breaking38.html
 

comment

This is just the latest example of how our constitution does not meet the challenges from our own government with the self-interests now blatantly using the executive power to promote the interests of the chosen few

The political system in now was used and abused by a totally corrupt political elite and their lackeys.

The Dail is no longer listening to the voice of the Irish people.

Wrangling over the plum jobs and positions of power are the order of the day, sqandering billions down toxic Bank holes under the guise of the Con NAMA , and robbing ordinary people of their dignity in sickness

By putting them on trolleys in hallways, along hospitals corridors

Forcing the unemployed to work for nothing is programs (WPP) from discredited FAS

Allowing Bank Directors to be rewarded, who have supervised the systematic destruction of our national banking system to continue in place while the public loses their pensions and the shareholder loses 95% of their holdings!

Our political masters are so interconnected with these gangsters they have put the interests of International bond holders (NAMA)over the interests of the Irish people. We are no longer a free and independent nation our freedom has being given away and we and our children and the next generation are now financial slaves to foreign vested interests

This is treachery and it seems the constitutional rights of the of the people of Ireland are been ignored .This Dail no longer represents the people and any amount of shuffling the chairs around a corrupt cabinet will change nothing!

Traitors are still traitors it doesn’t matter where they sit

We the people want those responsible removed from their plum jobs and brought before the people’s justice. We also demand the a new government renegotiate the huge debts that were incurred by their corrupt bankers and the said Bank directors made pay from their own funds

Those responsible must not benefit in any way from their crimes.

These people at the top are the problem and until they all go Ireland hasn’t got any hope of retrieving its once cherished independence.

God save Ireland from NAMA and these Gangsters!

David Mc Williams blog comment !

 

Don’t write off the Fianna Fail publicity mega machine just yet lads!

I would not bet that the next general election will be Fiannia Fail’s waterloo, going on past experience because most of the FF Deputies have a good local organization and that will be calling on the very people who are now complaining about them asking for their Nr.1 with a nod and a wink and their (friend of the family look)

And yes most will get back in.

The only way we will have any change is that we must have a real alternative i.e. a new broad people’s movement that should take on the green parties lost ideals as well as a new manifesto that will revolutionize the Irish political system and bring the working of the state into the 21st century

Comment on David Mc William’s blog

Link http://www.davidmcwilliams.ie/2010/03/03/money-sucking-anglo-is-our-financial-stalingrad

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!

 

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