What is truth?

Posts tagged ‘RTE’

Yes, a breath of fresh air is sweeping through Ireland and these patriots

By Thomás Aengus O Cléirigh
In 2007 we had a national debt of 24.8 billion today that debt is now 250 billion and going up all the time! So 220 billion has gone where???? Certainly the people of Ireland did NOT get these billions we were lied to by our bought and paid for corrupt politicians who took on 230 billion Euro of extra private corporate debt and no one can say where it has gone! Just imagine what the country would look like if the gangsters in Government had given every citizen say 300 Euros a week since the 1st of January 2008 I have no doubt the economy would be in much better shape! Instead we have a corporate dictatorship now ruling the country and they are busy asset stripping the natural resources of our nation on the monopoly money created out of thin air!

In so doing they have enslaved us and the future generations into financial slavery! For the last 4 years these lying Bast**DS in Government have stripped the weakest members of the Irish society of their dignity, the means to sustain themselves, they have stripped away the communities of the vital health services, education and housing! There is now an attack on some of the most needy the un-married mothers of Ireland. The low hanging fruits in the orchard! This is war a war on the poor and the ordinary people of Ireland by corporate greedy merchants! The political class has now lost all creditability and all of the political parties are on the same gravy train, out for themselves and the “what’s in it for me parasitic system must now be taken down!

A new breed of citizen is now emerging from these downtrodden members of our corrupted society, Yes a breath of fresh air is sweeping through Ireland and these patriots, like these woman speaking at the GPO this afternoon will not be pushed back into their boxes and they will not be pushed into accepting the crumbs the disgraced political class throw down on to the floor. These are the true hero’s of Ireland to-day standing up against the corrupt state and their hired thugs! May they continue to get stronger because Ireland needs these people!

Messagge from Ben Gilroy (leader of Direct Democracy)

Dear friends & supporters,
Because of the constant untruthful attacks in media in particular RTE and a Labour loving DJ with LMFM and now the court attack from the State, the Gardaí, Anglo Irish Bank and their receivers and senior legal teams, it has become necessary for me to step aside as . The constant abuse of process and late filing of affidavits on the night before the hearings, is a clever ploy to delay the court case and keep me occupied in a frivolous court battle up to the elections.
It is just not possible for me to lead the party while the elections are on the horizon, so while it has become necessary for me to step down as leader I fully intend to stand as an MEP candidate in the coming election in May
While a small few within the party are delighted to see me step down, as they said I have become toxic, I still enjoyed overwhelming support from the majority of the party. To them I take this opportunity to thank them for all their support. To the few of which I no longer have their support I would like to say that I accept their stance and bear them no malice.
Direct Democracy was really set up to challenge a corrupt system where the rights of the people were put aside to protect corporate corrupt entities that have ruined this country. I constantly attacked the system and the system attacked back and a few of the DDI members believed the attacks, one went as far as to say I broke the law. Even the system didn’t find me guilty before a trial.
RTE did a hatchet job in a pathetic primetime programme that was cut in a very construed way to give a false impression of my character. RTE must remember they are a state broadcaster not a broadcaster for a corrupt state.
Anglo Irish Bank and its cronies had the audacity to go to court to secure an arrest warrant for my arrest and claim that I broke some law, kettle calling the pot black comes to mind. On false evidence Gardaí broke into my home early in the morning and with the alarm screaming my wife was on the landing pleading with the Gardaí not to come upstairs as we had young children in the house. My young children aged 1, 5 and 9 had to witness their father being arrested and taken from their home for these corrupt bastards in Anglo Irish Bank and their legal cronies who can go to state supported courts where they weave magic and make wrong appear right.
But to my solid supporters who get it, make no doubt “I haven’t gone away” and I will stand in Europe to air my views and stand up for the rights of the people. Not one of our elected politicians has the gonads to tell Europe where to go when forcing us to pay gamblers on the stock exchange.
End of rant hope to see all my supporters in court soon and then let the battle for Europe commence.

The Irish Media – Cheerleaders For Austerity

By Julien Mercille

Irish Media – A study of Irish press coverage of austerity between 2008 and 2012 conducted at University College Dublin confirms that the media have been relentless cheerleaders for austerity. The case is so overwhelming that it may even surprise proponents of austerity. The full report is available here (or from this author by email).

Ireland has distinguished itself among European countries by implementing austerity at the outset of the current crisis, while a number of other governments reacted by first enacting Keynesian stimulus packages, in parallel to bailing out their banks, before turning to austerity. Austerity might be good for elites, but it attacks ordinary people by cutting government spending on social services, health care and welfare. It seeks to make labour more ‘flexible’ by dismantling and downgrading work conditions and protections to give more power to employers over employees. On top of that, it raises regressive taxes like the VAT and encourages privatisation of state-owned enterprises and assets, often sold to investors at bargain prices.

European authorities themselves have announced explicitly, and even proudly, that austerity is used to attack the welfare state and ordinary people. Mario Draghi, the ECB president, declared in an interview with the Wall Street Journal that the European ‘traditional social contract is obsolete’ and that ‘there is no escape from tough austerity measures’. He further said that continuing ‘shocks’ would ‘force countries into structural changes in labor markets’. Accordingly, Europe’s population faces repeated attacks from corporate and political elites, a fact noted by the New York Times recently when it observed that ‘Americanized labor policy is spreading in Europe’. It remarked that in 2008, 1.9 million Portuguese private sector workers were covered by collective bargaining agreements, but that the number is now down to 300,000. Greece has cut its minimum wage by almost a fourth, Ireland and Spain have frozen it, and in general labour protections have been reduced in peripheral Europe, so that austerity is ‘radically changing the nature of Europe’s society’. The developments will transform so deeply the social fabric that the chief economist of the International Labour Organisation described them as ‘the most significant changes since World War II’…………………….

full article at source: http://www.social-europe.eu/2013/12/irish-media-cheerleaders-austerity/


By Thomás Aengus O Cléirigh

Just the other day, during an RTE attempt to support the spin on the so called “resurgent Dublin property market” we had this outburst from Brian Dobson a overpaid gobshit dependent for his livelihood  on the taxpayers of Ireland , just like Dole recipients ,teachers, Judges, Garda  etc”. This RTE prime donna has the cheek to label peaceful protesters highlighting the real news “ Idiots “ This was a perfect example showing the establishment  is engaged in censorship and the state media is stuffed full of pampas arrogant right wing lackeys like Dobson!

The Innocence of Double-Irish

English: Arms of Ireland depicted as a banner ...

English: Arms of Ireland depicted as a banner and in a manner like during the Kingdom of Ireland period. Based on File:Arms of Ireland (Historical).svg (Photo credit: Wikipedia)


Irish corporate tax policies issues have now penetrated (agt last) into the RTE newsflow – link here.  Of course, the most priceless reaction is, surprise, surprise, via our Minister Noonan:

“In the Dáil in recent weeks, Finance Minister Michael Noonan said: “The problem with the so-called ‘Double Irish’ from Ireland’s point of view is that it has that name. People think that something we do here gives rise to it. That is not the case.” Mr Noonan blamed tax codes elsewhere, including the way the US government treats certain tax arrangements.”

Yep, folks, that’s right, Irish law allowing dodgy entities set up off-shore to be tax exempt is, apparently, not Irish problem. Serves those Americans right, then…

full article at source: http://trueeconomics.blogspot.de/2013/02/122013-innocence-of-double-irish.html

“The job isn’t even half done yet”

uploading image of Irish Govt buildings. My im...

Image via Wikipedia

By Namawinelake

Yesterday, Minister for Finance, Michael Noonan was probably the first senior minister to broach the truth. Speaking to RTE following the publication of the June 2011 Exchequer Statement, he indicated that the adjustment needed in 2012 would be in the order of €4bn, up from €3.6bn “The job isn’t even half done yet. Next year, even though the overall figures are about two-thirds of this year’s adjustment, it may be more difficult to achieve … A lot of the low hanging fruit has been picked.” He apparently didn’t provide a reason for the greater austerity, but the most likely reason is a downward revision to economic growth in 2012 which will mean less taxes,more unemployment, more welfare.

full article at sourcehere: http://namawinelake.wordpress.com/2011/07/05/%e2%80%9cthe-job-isnt-even-half-done-yet%e2%80%9d-%e2%80%93-minister-noonan-prepares-the-ground-for-2012-austerity/


The axe will fall and fall hard why we should believe a
single word these politicians say they seem to be stricken by some mystery disease
that is making them forget what they have said only a few weeks ago .We are not
fools and we know that the books (such as they are) are full of holes and there
is no way these gombeens are going to balance these books with empty promises
they will have to face reality soon enough and I expect that they are busy
creating the relevant spin they will have to announce to us the people of Ireland
.Of course they will raise taxes and cut public services and they will also
look after their friends .Has it ever been any different ?

Brian Cowen and Brian Lenihan’s history of Lies

Talking points in time


Brian Lenihan; 19 Sept 2008. Six One News. ‘Ireland not at risk of fallout from fiscal crisis, says Lenihan’

“Our financial sector is sound and we are determined to ensure that continues”

Brian Lenihan; 30 Sept 2008. Morning Ireland.

“Does this mean the Irish government is exposed? No that’s not correct, of course every Irish bank has to write up their assets and liabilities in balance. The banks would be insolvent otherwise”

Brian Cowen; 30 Sept 2008. Six One News.

We have a banking system which has over the past number of years had good profits, in a healthy state, well capitalisted, well-secured loans. The first people to hurt if anything happens in the bank are the shareholders

Brian Lenihan; 10 Oct 2008. Irish Times.

“the cheapest bailout in the world so far”

Brian Lenihan; 19  Nov 2008. Six One News.

“We’re not rushing into the banks like some governments in other countries without knowing exaclty what the situation is in those banks…”

Brian Lenihan; 14 Dec 2008. Six One News.

“There will be no exposure to the taxpayer on this [€10bn support fund for banks]…”

Brian Lenihan; 16  Jan 2009. Morning Ireland.

Interviewer: Is it possible that you could in a few weeks time that you could move to nationalise AIB and Bank of Ireland as well? “No it’s not… there are no difficulties in these banks, there is no problem”

Brian Lenihan; 8 Feb 2009. The Week in Politics.

“We are now going to commit an investment for a definite return to the taxpayer. This is not bailing out the banks. This is a commercial investment for the state…”

Brian Lenihan; 18 Feb 2009. Dail Eireann.

This decisive step [to nationalise Anglo] was taken to safeguard the interest of the depositors of Anglo Irish Bank and the stability of the economy. I want to assure the House that this decisive step was taken to ensure the new nationalised bank will collect all debts due from persons who owe moneys to the institution.

Brian Lenihan; 8 April 2009. Six One News.

“This is not a bailout… this is about ensuring businesses which cannot access credit, do access credit”

Brian Lenihan; May 18 2009. Irish Times. When challenged as to why he was not nationalising banks (at this time the State had already nationalised Anglo Irish Bank and taken a 25 per cent stake in Bank of Ireland and AIB)…

I do really want to scotch the idea that there are huge risks to the taxpayer in the valuation process because we are not nationalising these institutions.

Brian Lenihan; 10 Sept 2009. Six One News.

[NAMA] will get credit flowing.

Brian Lenihan; 16 Sept 2009. Nama Bill, Dáil.

NAMA will ensure that credit flows again to viable businesses and households by cleansing the balance sheets of Irish banks. This is essential for economic recovery and the generation of employment. It will ensure that we avoid the Japanese outcome of zombie banks that are just ticking over and not making a vibrant contribution to economic growth.

Brian Lenihan; 9 Dec 2009. Six One News

“The worst is over, we’ve turned a corner”

Brian Lenihan; 4 April 2010. On the residential property market. Irish Independent.

“One of the good things about the steep discount, averaging 47 per cent, is that the residential property market will now be stabilised at a realistic level. You can now buy in confidence that the price is realistic.”

Brian Lenihan; News At One. 13 April 2010. Speaking about ERSI report…

“It means that we are stabilising as an economy and it also means we are turning the corner, and there will be increased numbers of jobs created,” he said. “At least we’re on an upward trajectory”

Brian Lenihan; Breakfast with Newstalk. 26 April 2010.

BL: No, no, listen, listen. This not good for the country and it’s inaccurate. If next year we’re obliged to include the €8bn, the €8bn will not actually be borrowed next year the device of the promissory note means we borrow…

Ivan Yates: No, I know the promissory note is over ten years. You’re missing the point…

BL: No you’re missing the point! This is an accounting device! This is not real borrowing! What the markets look at is real borrowing. Not accountancy devices…

Brian Lenihan; Breakfast with Newstalk. 26 April 2010.

Now that I’m the shareholder in Irish Nationwide I will clearly ensure that whatever money is owed by Mr Fingleton is paid by Mr Fingleton.

Brian Lenihan; Irish Times. ““Ireland not at risk of fallout from fiscal crisis, says Lenihan”. 6 May 2010.The risk of contagion in my view does not extend to Ireland. Over the last 18 months we have taken many of the measures that the Greeks are only beginning to take. I don’t see Ireland as being at great risk.”

A proposed €110 billion aid package for debt-stricken Greece has failed to soothe concerns that the fiscal problems saddling it, and perceived weaker euro-zone nations, will hurt the banking system and worldwide economic growth. “One of the reasons markets are critical of countries other than Greece is because some . . . don’t just have public debt problems, they also have structural problems with their economies,” Mr Lenihan said. “We’re not a country that has the severe structural problems that some of the other Mediterranean countries have shown and the markets have tended to differentiate Ireland out from these countries.”

Brian Cowen; 14 May 2010. Irish Times.

“We have learned hard lessons and have taken difficult decisions. Our economy is now emerging from recession and Ireland is strongly fighting back.”

Brian Lenihan; 7 July 2010. Irish Times.

“It is important to bear in mind that these projections are for a plan over 10 years; the figures are likely to change over time.

“But the Government has made clear that should Nama eventually make a loss, the Government will recover this through a surcharge on the banks.”

Mr Lenihan said the bottom line was that Nama would never cost the taxpayer anything and might even make a profit of €3.9 billion.

Brian Cowen; 7 July 2010. Irish Times.

Speaking in the Dáil this afternoon, Taoiseach Brian Cowen said [Nama] would make a profit “somewhere in the order of €1 billion”.

Brian Lenihan; 14 Sept 2010. Dail Eireann.

Certainly if given the chance I will have this problem sorted out, and this Government will have this problem sorted out a lot earlier than 10 years.

Brian Lenihan; 24 Sept 2010. Irish Times.

In recent weeks the extra yield investors demand to hold Irish bonds over German bunds has surged to record highs due to investor concern about the State’s ability to manage the cost of its bank bailout and reduce the budget deficit.

Mr Lenihan said he was undeterred by the data and that the underlying trends indicated a remarkable turnaround for the economy.

“Tax revenues are stabilising, public expenditures are under control and our budget deficit will shrink next year,” he said. “The recovery is still at a tentative stage and is likely to be uneven.”

Goldman Sachs; 24 Sept 2010. Irish Times.

One bright spot for the Government today came from a research note by Goldman Sachs Group which said Ireland was “very unlikely” to experience a financial crisis as severe as the one that forced Greece to seek an international bailout earlier this year.

“A repeat of the Greek debt turmoil in Ireland is very unlikely,” Michael Vaknin, a senior fixed-income strategist at Goldman in London, said.

“With Irish spreads already at all-time highs, we would argue that refinancing risks in the Irish debt market is aggressively priced-in already.”

Brian Lenihan; 30 Sept 2010. Newstalk.

The Finance Minister has described today as ‘rock bottom day’ as far as the banks are concerned.

Brian Lenihan says the announcement today on the final Anglo Irish bill is an ‘urgent and immediate priority to reinforce international market confidence in our ability and commitment to restore our banking system to health’

Brian Lenihan; 10 Oct 2010. Irish Times. ‘State becomes majority shareholder in AIB’

Minister for Finance Brian Lenihan said the State would have to invest in the bank, and that “progressive” changes would be made at management and board level in AIB. “It will, I believe, result in a substantial gain to the taxpayer over time as the bank is restored to its proper position,” he said.

Brian Lenihan; 4 Oct 2010. Irish Times.

… the figures showed the exchequer deficit for the first nine months of the year stood at €13.4 billion, compared to a deficit of €20.1 billion, recorded at the end of September last year.

Minister for Finance Brian Lenihan said this evening the figures showed the public finances were “stabilising” due to decisions taken by the Government.

Brian Lenihan; 11 Oct 2010. Irish Times.

Minister for Finance Brian Lenihan said today he is “absolutely” sure the country will not need to seek a bailout from the IMF and European Union.

In an interview recorded for Bloomberg Television, Mr Lenihan said Ireland “was not in a balance of payments deficit position” but admitted the country did have “real fiscal and banking problems to address”.

“We had a big contraction last year. We contracted by 10 per cent in GNP terms in one year. We got it back to zero again this year. That’s quite a turnaround,” he said.

Mr Lenihan claimed Ireland was emerging from deficit on the back of stronger exports and stressed the country is fully funded through to the middle of 2011.

Patrick Honohan; 13 Oct 2010. Irish Times.

Prof Honohan said dealing with senior bondholders was “complicated” because under Irish law they “stand equally with depositors”.

He also said things went “in a bad direction” for Ireland, and “we’re now turning this around and coming out of it”.

Brian Cowen; 16 Nov 2010. Irish Times.

Speaking in the Dáil, Mr Cowen reiterated that Ireland had made no application for external support and said there had been some “ill-informed and inaccurate” speculation about the Government seeking a bailout in recent days.

Brian Cowen; 17 Nov 2010. Irish Times.

Taoiseach Brian Cowen insisted “there has been no dictation from anybody. What we’re involved in here is working with colleagues in respect of currency problems and euro issue problems that are affecting Ireland, they’re affecting other countries. They’re particularly affecting Ireland at the moment.”

He stressed that “there has been no question, as has been stated all over the weekend, of a negotiation for a bailout”.

Brian Cowen; 19 Nov 2010. Irish Times.

Taoiseach Brian Cowen denied that the rescue plan would lead to a loss of Irish sovereignty. He also dismissed suggestions of failure. “I don’t believe there’s any reason for Irish people to be ashamed and humiliated,” he said.

source http://thestory.ie/2010/11/22/talking-points-in-time/comment-page-1/#comment-34687


My thanks to Thestory.ie for this collection

These are only some of the bare faced lies we have had from Brian Cowen and Brian Lenihan

The shocking realization for the Irish People is how perfectly naturally these two career politicians seem to do this. We have been humiliated by the incompetence of these two politicians .Not one word is now believable from these two disgraced servants of the people .They are in my mind the embodiment of total corruption ,total lack of accountability ,champions of state terrorism and the worst examples of cronyism. They will go down in Irish History, hated as Cromwell’s equal

They have destroyed in a few years what countless generations of Irish men and woman fought and died for to establish an Independent Irish republic .As of yesterday was are no longer a proud independent people. We are handing out the begging bowel to the English and are once again put back into a place my generation knew so well, the poor house of Europe.

But there is some good news yes in spite of all this betrayal, we have in Ireland today the best ever educated generation our Nation has ever had and it is to this generation I look to for out nations future .This is the generation that will lead this country back from the devastation we are now in .this generation will rout out the corruption and cronyism that infests the Dail .We will emerge from this and I believe we will emerge stronger .Just look at Germany they were beaten into the ground and they are now the envy of all the other nations in Europe. We have the people and we have the brains and we have the determination for the past 12 years we have had a glimpse of what we the Irish can achieve .We must now take back our country from unscrupulous career politicians that have commandeered the political process in this country for their own self interest and that of their cronies and families .This is an opportunity for us to make real changes to our political system that will bring more transparency and true Direct democracy .Without a major reorganization of the political system and constitution we will only fall back into the hold we are now in .Ireland has a bright future and she needs to cherish all of her children equally ,not just the chosen few


Pat short tell a story

The State broadcaster is failing to tell us where all the billions went

Colum Kenny: How RTE is letting the Anglo money trail go cold

The State broadcaster is failing to tell us where all the billions went — and who is still benefiting, writes Colum Kenny

Colum Kenny Home

Sunday September 12 2010

We are still no wiser about where all the billions went. And ‘billion’ is such a little word for so big a scandal. It means one thousand million. And 26 thousand million is not even half of what Anglo will get from ordinary taxpayers , either directly or through Nama.

Pakistan estimates that the entire cost of recovering from its recent flood disaster will be €12bn. Anglo-Irish Bank alone will cost the Irish taxpayer four or five times that, with Nama perhaps one day recovering a fraction of the total.

Last weekend on RTE, Marian Finucane seemed set to take her cue from the Sunday Independent article in asking where had the billions gone. She said, as this newspaper had said, that they did not disappear into thin air. But she was too easily deflected by panellists unable or unwilling to follow the money trail.

She should have quoted even more from the article that had identified the elephant in the room.

And that elephant is the failure to follow the billions handed out to golden circles, billions that were never burnt in a barrel. They are still out there. But it is not just a question of where money went. Now it is also a question of where it was coming from, and why.

Last week, it emerged that 20 per cent of the deposits in Anglo come from the Isle of Man. That is presumably the ‘risk investment’ of tax avoiders who depicted themselves as entrepreneurs, but who are now fully guaranteed by ordinary Irish taxpayers. It is scarcely the small savings of Manx fishermen and farmers who worked very hard.

Irish citizens are punch drunk, and it is only very slowly dawning on us how much nonsense has been talked for the past two years. RTE is always a good place to test the national mood. The station reflects it, and shapes it. Last week alone, for example, there was Marian Finucane ready to go forward, but then reluctant to push her guests too hard. Keep pushing, Marian.

And there was a curiously conflicted RTE news bulletin on Wednesday night, when presenters indicated a couple of times that we ‘should’ know in October exactly how much Anglo owes. Yet, when we finally got to hear the Taoiseach talking, we learnt less of finality and more about the deputy from Offaly’s propensity to dodge and dive.

RTE seems reluctant to ask rude questions that need to be asked. Perhaps the organisation worries about its power, and worries about that phone-call from Government that reproached it for raising on one of its phone-in programmes the real prospect of a run on the banks. RTE depends on the Government for decisions about its future funding and structures.

Last Thursday, on Morning Ireland, Brian Lenihan brazenly distanced himself from any notion that the Government ever wanted a good-bank/bad-bank division at Anglo. He certainly had had all of Ireland fooled on that score. Now he is singing a different tune, creating a deposit bank at Anglo where taxpayers pay interest on the deposits of Isle of Man investors, but where no loans are available from that deposit base for Irish business.

Morning Ireland did not push him on this contradiction, perhaps because Lenihan has been ill, or perhaps because they are weary of exposing Fianna Fail’s contradictions. It is too much like shooting fish in a barrel. But it still needs to be done.

Even more restrained last week was RTE’s much promoted documentary called Freefall, billed as an account of how we got into our banking mess. At a time when citizens are increasingly eager to get real answers, this programme might, for the most part, have been made 18 months ago.

Not alone were there few new insights, but it gave the political stage entirely to Fianna Fail, placed the crisis solidly in the global context of which Fianna Fail likes to depict it as just a part, and featured no relevant bank officials or board members. Nor did our former banking ‘regulator’ appear, not even in one of those delicious clips of him telling us all not to worry, the sky could not possibly fall and our banks were fully capitalised. Oh, how we laughed.

The programme did have RTE’s usual line-up of approved commentators but, for all of RTE’s revenue, it had little bite in terms of pinning anything on anyone.

For its part, Prime Time last week was grittier, but it was largely bound to studio where we could get no further than seeing Miriam O’Callaghan banging her head against a West of Ireland stone wall called Minister Eamon O Cuiv. The endless ability of Fianna Fail ministers to bluster is truly mind-boggling.

Me? I know as little as any minister, and least of all where the thousands and thousands of millions have gone. Did the banks gamble most of the money recklessly on the US sub-prime market, with the tacit or explicit consent of the Regulator and Government? Is that what they are hiding?

It was not the poor wretches to whom bankers shoveled inflated mortgages and who are now royally screwed who got most of the money. Not even big Irish builders, who could only spend so many billions on what are now ghost housing estates and empty offices. We have yet to get the full story. Why?

And will we never see anyone account for their recklessness or criminality? Why all the delays and excuses? Were well-tried common-law offences replaced by statutes so weak that they are useless in terms of accountability and justice in banking?

The Dail could be providing answers, but it is not. No Oireachtas committee is pursuing the betrayal of our State on a daily and thorough-going basis, explaining where exactly the money went and who sent it there.

The media has been throwing some light on events, but not enough. Insufficient resources are being devoted to in-depth current affairs.

The media is hit by the recession, and much of it has little taste, or time, to devote to investigative journalism. This is where RTE could be doing better, given its big resources and public service remit. Its documentaries and dramas have been behind the curve when it comes to the scale of this crisis. We have yet to see the real despair and hurt that the betrayal of Ireland is now causing people, or be told anything like the full story.

RTE itself became infected by the virus of the greedy age that we have lived through. Its competitors resent its commercial profile, and the kinds of big payments it has been able to make to presenters and managers to sustain its dominant position. Last week, National Newspapers of Ireland launched an appeal to the Minister for Communications to ensure fair competition between public service broadcasters and the press in this digital age.

RTE’s best defense against attacks on it is to concentrate on public service broadcasting of a robust kind, one that provides answers to questions about where all the billions went, who sent them there and who is still benefiting.


I want to go up to the Sunday Independent office and shake your hand Mr. Colum Kenny

At long last the hard hitting questions are now coming out on to the pages of our newspapers .This is an excellent piece of journalism, however one critic it does not go far enough. The questions posed here have been asked on my blog for many months and it should not be up to independent citizens to highlight the shortcomings of those we have put our thrust in, the government of the day are guilty of the biggest con job in this state’s history and the newspapers of the country and the main media have chosen to tow  the current governments line.

Can I say what a breath of fresh air this article is and it has made my day?

do please continue to pursue the Money the billions  stolen from the citizens of Ireland and please insert that word everybody is afraid to “Derivatives”   

Anglo and Allied and Bank of Ireland are hiding Billion worth of “derivatives” in losses  

this word appeared for the first time last week in one of the Sunday papers

go and ask the banks about these enormous losses if they say that they have no dealings in these financial nuclear bombs ,well they are lying

Why is NAMA looking to recruit “Derivatives traders and valuation specialists”?

Anglo has denied in having any “Derivative positions “they are lying

For a review of previous postings of mine on the “Derivatives”    just put the word Derivatives in the search bar on my blog   and pay particular attention on the 16th of January article “Irish Banks Derivative trading losses”  

Thank you once again

RTÉ broadcaster Gerry Ryan found dead in Dublin


irishtimes.com – Last Updated: Friday, April 30, 2010, 14:55

RTÉ presenter Gerry Ryan has been found dead at his apartment in Dublin.

The alarm was raised after Ryan (53) failed to show up this morning for the 2fm radio show he has presented since 1988.

He was found at his apartment in Ballsbridge.

The cause of death is unknown at present but foul play is not suspected.

In addition to his popular radio programme, the controversial broadcaster presented a host of television programmes, including Ryan Confidential, Gerry Ryan Tonight, Ryantown, Gerry Ryan’s Hitlist  and Operation Transformation.
He co-presented the 1994 Eurovision Song Contest from Dublin’s Point Theatre and replaced Pat Kenny for an edition of The Late Late Show  in 2008.

He published his autobiography – Would the Real Gerry Ryan Please Stand Up –  in 2008.

Ryan is survived by his estranged wife Morah and their five children

Thanks’ to the gang of 3 .(snap, crackle and pop )

The Irish Debt Clock ticks on inexorably Sunday.11.04.2010

Thanks’ to the gang of 3 .(snap, crackle and pop )

(Cowen, Lenihan & Gormley)

The Republic of Ireland’s national debt is at unsustainable levels and rising thanks due to the incompetence of these economic terrorists and Traitors

€ 79,658,801,354

The FINANCE DUBLIN Irish Government Debt Clock was set at midnight on June 30th 2009, when it was €65.278 billion.

Update March 30th 2010: The NAMA bailout in context

The size of the NAMA bailout, even at the highest estimate made of its funding appetite to date, and reflecting, as it rightly should have done, a conservative haircut of 47 p.c. on loans acquired, still dwarfs the impact on Ireland’s national debt of the underlying imbalance between state tax revenues, and public expenditures. The total cost of NAMA, at its worst, put at something north of €30 billion, was guesstimated by the Minister for Finance to be recoupable within 10 years by the Exchequer in his statement to be found at the below link. This estimate was backed as reasonable by the Governor of the Irish Central Bank, Patrick Honohan on Irish television on the night of the NAMA announcement on March 30th.

Statements on the bailout fromOp-Ed in the March 2010 issue of Finance Dublin: ‘Evidence-based Economics’

By contrast, the Irish debt clock, reflecting no element of NAMA in it at all, had risen by €14 billion in just the nine months since the debt clock was set, on June 30th at €65.2 billion. By the end of March it has risen to €79.2 billion. The package put together by the Irish Finance Minister on NAMA shows that the money may be at least recoupable in a period of, perhaps, ten years. The daily deficit spending by the Irish Exchequer deficit is NOT recoupable. Given that the underlying deficit spending of the Government dwarfs the size of the NAMA bailout, a puzzle exists: why did Mr Cowen arrange pay talks with the ‘social partners’ lasting until 3 a.m. on the morning of March 30th at Croke Park, with a deadline of announcing a deal whereby there would be no further public sector pay cuts until 2014, – potentially the most momentous economic decision for the Irish economy in a decade – on a day when 1) the NAMA deal was announced, and 2) the largest domestic insurer was placed in administration? These two events transpired to push reportage on the pay deal down the news schedules on Irish state television and other media outlets. Evidence-based Economics can help put these issues in context. For more on this click here (from the Op-Ed in the March 2010 issue of Finance Dublin):

I have stated over and over again this bunch of economic terrorists in the Current Irish Government are not to be trusted and we the people are the only ones that are able to kick them out as the current opposition do not seem to be up to the job and seem to be quite happy to let the musical chairs game carry on for another two years

We the people cannot wait that long, we might not have a republic then!
source link http://www.financedublin.com/debtclock.php

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