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Posts tagged ‘Bank’

“Austerity and Evections will push people to open revolt”

By Thomas O Cléirigh

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The Banks have no legal or moral right to dictate to the Irish people, the Irish government have totally lost all credibility and are no longer the legitimate government of this republic.

We the people are slaves to no one, least of all to a bunch of “Gombeens” and the cheerleaders of corrupt bankers and their pals in Europe .We have now got to make a stand and if this means open revolt so be it! Throughout this crises we have taken everything that was thrown at us as we looked on and saw the gangsters who have brought this financial meltdown upon us be rewarded,and the attempt by the collaborators within the Irish government to keep the same old system in place by passing the blame for this catastrophe and the enormous costs on to the shoulders of the ordinary downtrodden citizen whilst the elite within the political system carry on sucking us dry as they feather their own nests whilst preaching the Austerity gospel according St Angela in Berlin.

Arise noble people of Ireland and take back our country from the corrupt financial vulchers and their henchmen who infest the Dail .

Yesterday at the GPO I bore witness to the testimony of an X cocaine addict, he told the assembled 250 demonstrators he was sentenced to 3 years jail for the theft of 400 Euros worth goods whilst under the influence of the drug from a well known retailer, he rightly asked why was he put into jail when bankers have stolen billions from the people of Ireland and they were rewarded with golden handshakes of   up to 600,000 euro pensions.

This is the society our corrupt political system is maintaining and the same old gombeen politicians are also in bed with the gangsters in the Bank .the central bank governor is also a member of the boys club as are the top union bosses and our national airwaves are well under the control of the vastest interests who by hook or by crook will push us into financial slavery. They have already stolen our national independence and we are now paying interest of Euro 1,000,000,000:00 every month on Private held Bank gambling debts that we are not responsible for. This is not our debt and we should have done exactly the same thing Iceland did and arrest the previous government ministers and all directors of the various Bank directors on charges of fraud and corruption and dereliction of duty.

If the Government are now set on allowing the same toxic bankers to steal the homes of the ordinary citizen then we are on course to an all out revolution and I will be in the front line.

Kenny ,Noonan and Gilmore are  guilty of incompetence at best and treason at worst .They have broken every promise in their election manifesto and I blame them for the countless lives lost in the meantime by desperate citizens forced to take their own lives as a result of these leaches who are continuing to collaborate with faceless bondholders and hot money men in the IFSC . The system is rotten and our political system is infested with self enriching leaches out to get as much as they can for themselves.

All thrust has broken down between the people and the Government, Kenny and his band of collaborators are no longer acting in the best interest of the people of Ireland and they should all go or be pushed off the stage!

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People of Ireland and fellow citizens come stand up and take back our country!

Thomas O Cléirigh

Where is justice in Ireland?

By Thomás O Cléirigh

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Questions have to be made about Irish Bank practices during the so called housing boom and you don’t have to be a genius to figure out that the banks took shortcuts that are still been hidden from the unfortunate clients/victims of the corrupt banks .Why should the mortgage holder, who is now nursing massive losses, now have to pay for the ( at best )incompetence  and in so many other cases downright fraudulent practices by the banks and their agents???May I remind everyone not one banker has come before the courts and in fact all of the disgraced directors are enjoying lottery pensions  and we the downtrodden taxpayers are footing the bill for their millionaire lifestyles.

 

Where is the justice we are guaranteed by our constitution?? if corrupt politicians, union bosses and bankers can exploit the resources of our country and impose austerity on the rest of us?

Wake up citizens of Ireland! Fight back !

Josiah Charles Stamp President of the Bank of England in the 1920’s

Josiah Charles Stamp President of the Bank of England in the 1920’sPresident of the Bank of England in the 1920’s and the 2nd richest man in Great Britain, 1880-1941)

This German poster is a quote is from him translation underneath !

taken at the Occupy  Hamburg site!

 

“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking was conceived in inequity and born in sin… But if you want to continue to be slaves of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit”

Hit The Streets! Worldwide day of action.

To-day in Dublin

Time
Saturday, October 15 · 1:00pm – 5:00pm

Location
Parnell Square Dublin

organized by the

The IMF-EU-ECB (Troika) are back in Ireland to-day.Their austerity polices are causing  suffering and are making the economic crises worse.Meanwhile bondholders and super wealthy are getting richer as they do not have to suffer the consequences of their gambling debts, that have been placed on the shoulders of the citizens of Ireland by our courrupt politicians . This time they are demanding we sell up to 5 Billion worth of state assets. We are selling the family silver to pay for zombie banks and their gambling debts.Our gutless politicians are serving us up as if we were goods to be sold off along with the natural wealth of our country .The current government are traitors who got into power on the promises on not one ret cent more ,well we now see who really runs the country and it the Bankers .

Come out to-day on  to the streets and fight for your children’s future .

Stand up and fight against the Troika dictatorship!

Some observations on NTMA & NAMA statements to the Oireachtas Committee

Oireachtas

Image via Wikipedia

Dr.Constantin Gurdgiev has posted a superb article on the statements issued by
NAMA and the NTMA to the Oireachtas committee last week I would highly
recommend that everybody  take the time and read it in full at source.

By Dr.Constantin Gurdgiev

 I was going over the statements issued by NTMA and NAMA to the Oireachtas
Committee last week and was struck by some rather interesting
bits…

Let’s start with the Statement by John Corrigan, Chief Executive
NTMA, to the Joint Committee on Finance, Public Expenditure and Reform, 9
September 2011:

“The banking stress tests carried out by the Central Bank
in the first quarter of 2011 quantified the additional capital support required
by the banking sector at €24 billion. The NTMA Banking Unit has worked very hard
to minimise the amount of this additional capital to be provided by the
taxpayer. Through initiatives like burden sharing with the junior bondholders
and the sourcing of private capital for Bank of Ireland, the net amount of this
capital provided by the State is now expected to be around €16.5 billion. The
savings generated can be redirected to funding the day-to-day operation of the
country.”
Can Mr Corrigan explain this: as of August 1, 2011, the State
has injected (under PCAR/PLAR allocations) €17.292bn (here)
according to DofF note. That €792mln difference is not exactly a
pittance…
Oh, and while we are on the issue of being accurate –
PCAR/PLAR capital allocations are designed to deliver capital & liquidity
cushions for the period 2011-2013. Not a trivial issue, mind you, especially
since Mr Corrigan repeatedly relies on PCAR/PLAR recapitalization exercise as a
definitive (aka permanent) line in the sand on banking crisis.
Now, as to the “savings can be redirected to funding the day-to-day operation of the
country” – that is pure rhetoric, sir, isn’t it? Mr Corrigan himself shows that it is.

Please read full article at source here: http://trueeconomics.blogspot.com/

Something stinks at the Irish Central Bank !

The Central Bank says it has decided to put off an examination of certain issues arising from its investigation of Anglo Irish Bank.

In a short statement, the Central Bank said it had been told by the Gardaí that to go ahead with its examination now could prejudice any future criminal prosecutions.

The bank said it would keep its decision under review.

It said that it had notified with the Gardaí and the Office of the Director of Corporate Enforcement of certain suspected offences at an early stage in its probe, and continued to keep in regular contact with both agencies.

Yesterday, the Director of Corporate Enforcement defended the conduct of its investigation into matters at Anglo Irish Bank, saying that more than 10 witnesses in his office’s investigation could be classed as ‘reluctant’.

Paul Appleby said comparisons had been made between the speed of the investigation and the speed of similar investigations in the US. But he said that was not a good comparison, and it would be better to look at the UK, where similar investigations typically take four to six years.

Mr Appleby added, however, that he believed the Anglo investigation was currently well ahead of that benchmark, and he was satisfied that it was proceeding with all possible speed.

source: http://www.rte.ie/news/2011/0603/anglo-business.html

Comment:

Something stinks and I don’t trust the central bank to do the right thing.

Most of the top people in the central bank were in the same top positions when Anglo Irish Bank’s fraudulent support of its shares was underway. There is good reason to believe that some of these very people were behind this blatant robbery of the banks shareholders .They should be rooted out and brought before the courts post haste. I believe this is nothing short of an attempt to water down the charges and to stifle the investigation .The Central Bank are attempting to protect their own corrupt people.

‘We’re being played for fools’

David McWilliams has posted a new article, ‘We’re being played for fools’

Where do you think the financial markets assess Irish risk? What countries are
we compared against? Surely we are still regarded as a European developed nation
when it comes to risk?

Think again. After – or more likely because of – our recapitalisations and
bailouts, the world regards us as a bigger default risk than […]

You may view the full article and add your own comments at
http://www.davidmcwilliams.ie/2011/04/25/we%e2%80%99re-being-played-for-fools

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