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Archive for the ‘machholz blog’ 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!

The Markets do not believe you Mr.Cowen

 

 

Bank of Ireland [IRE  3.61    -0.14  (-3.73%)   ]
: Stay away from IRE, Cramer said. He

likened it to
National Bank of Greece
[NBG  2.23    -0.03  (-1.33%)   ]
and
Allied Irish Bank
[AIB  2.17    -0.06  (-2.69%)   ]
and said all of them “bad banks” that need
to reconstitute their balance sheets, “which means potential dilution for shareholders.”

 


Latest news is that Cramer is not a fan of any of the Irish Banks.

Bank of Ireland (IRE) and the Allied Irish Banks (AIB)

According to Cramer the Irish banks are like the National Bank of Greece so much for turning corners

Allowing Gangsters run Banks is one thing but allowing Gangsters to run a country is just unforgivable

Cowen and Lenihan must go!

The right to work Campaign (2)

Irish Banking:Is this as good as it gets?

Irish banks are getting deeper and deeper into a hole that they cannot clime out
I supose its a case of who will die first the ecomomy or the banks ?

Response to Pope’s pastoral letter

 

Response to Pope’s pastoral letter

In the pope’s pastoral letter he says

“I urge you to examine your conscience, take responsibility for the sins you have committed, and humbly express your sorrow. Sincere repentance opens the door to God’s forgiveness and the grace of true amendment. By offering prayers and penances for those you have wronged, you should seek to atone personally for your actions. Christ’s redeeming sacrifice has the power to forgive even the gravest of sins, and to bring forth good from even the most terrible evil. At the same time, God’s justice summons us to give an account of our actions and to conceal nothing. Openly acknowledge your guilt, submit yourselves to the demands of justice, but do not despair of God’s mercy”.

This letter is a first step in the long road of renewal for the church

But the pace of this renewal is too slow, with modern methods of transmitting news, the Church is just not making the necessary changes soon enough and events will overtake it if it does not move faster.

I see nothing new that convinces me that I should allow my Daughter to be confirmed into the current institution of the church

I read a lot about what has happened but little about what changes are been made

And nothing about accountability!

I suggest that Cardinal Brady take the “obvious step” and do so now along with the rest of the Bishops that have been implicated in the abuse scandals.

“It cannot be denied that some of you and your predecessors failed, at times grievously, to apply the long-established norms of canon law to the crime of child abuse. Serious mistakes were made in responding to allegations”

“Nevertheless, it must be admitted that grave errors of judgment were made and failures of leadership occurred. All this has seriously undermined your credibility and effectiveness”

Through their failure to act, they allowed many children to be raped and be sexually abused by the pedophile priest Fr. Brendan Smith and others like him!

For anybody else in the Irish state this would be a criminal act and punishable under the criminal justice system within the State

The pope himself is also compromised as he was the Bishop in charge in his own country that turned a blind eye to abuse on boys

He too must step aside.

Only through a total revamp of the church structure can it hope to be able to enjoy the support of the people.

It is now time for the ordinary people of the church (who are the church) to decide who should become the pope and not the nominated Cardinals of pervious popes.

The time is right for to people to take back our church and decide what its future should be!

 

Copy sent to the Vatican.

Wicklow citizens demonstrate against Head shop in town

Earlier to-day a demonstration from the concerned citizens of Wicklow town staged a picket on the Head shop here in the town
The town’s citizens are not going to let this situation continue without a fight
Family’s within the town are demanding the closure of this Head shop and will picket any other landlord that will offer premises for any other Head shop I am reliably informed
Well done to the brave ladies and Gents for this morning’s action
Parents believe that products sold are drawing children into experimenting with drugs and this must be stamped out Period!

To all the Wicklow TD’s

To the Wicklow TD’s

Our viewers would like to know, what is your position on the spread of these Head shops?

What the current situation is with regards the spread of these head shops and what
are the current trading times allowed for such shops?
what are you doing rid our communities of these very
destructive and now life threatening dangers to our children.

For your information I attach a report on some compounds that are been sold to children from these head shops

You will be aware that two children were found dead last week in England after consuming “mephedrone”

Will we have to wait for the death of Irish children before we ban these Drugs?

See posting report at http://thepressnet.com/2010/03/18/selling-death/

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