What is truth?

Posts tagged ‘Titanic’

Fact:Ireland has lost its sovereignty.Mr.Lenihan

In this video clip  http://news.bbc.co.uk/2/hi/programmes/newsnight/9176761.stm

Mr Lenihan denies that Ireland has not lost its sovereignty, this despite the fact the EU has “staff” now resident in the department of Finance and lenihan can’t even buy toilet paper without running it by these Germans.

Lenihan is like the captain on the Titanic denying it has struck an iceberg and saying he is going to reach port in double quick time no cause for concern and carry on playing the music

 

There is no doubt we have lost our financial independence and this has happened as a direct result of the incompetence of Charley Mc Crevey,Bertie Ahern , Brian Cowen and now Brian Lenihan. Our Country is in the same situation as the businessman who has the bank manager move in with him in order to ensure a proper hand over of the business assets

These politicians have brought the Irish Nation to its knees, and are all enjoying huge salaries and pensions and they are all calling on the ordinary Joe to tighten his or her belt. At the same time they have helped themselves to the honey pot again. (New Pay rise last week see link)

http://thepressnet.com/2010/11/12/td%e2%80%99s-unite-to-give-themselves-a-pay-rise/)

 Will we ever get up off our knees and boot these leaches out of the Dail and into the street?  

You have a Neck! Mr.O Connell


Shareholders who lost their life savings in the Irish banking collapse shoulder blame for their own financial ruin, the country’s Central Bank has said.

Tom O’Connell, assistant director general of the Central Bank and Financial Services Authority of Ireland, claimed investors got what was coming to them for not keeping bank chiefs in check.

Mr O’Connell you are definitely not firing on all six cylinders whatever you are smoking is not doing you any good and if I were an international investor I would be heading for the Hills when I hear you talking like this!

This is like the Captain of the Titanic blaming the passengers for the ships sinking!

I bought allied Irish share early this year (at approx .35 cents each about 100)

I did this to be able to go to the AIB EGM and AGM

I clearly saw with my own eyes all of the ordinary shareholders present calling for the resignations of the entire board and I took some video footage as well

The entire room was full of people (Ordinary share holders calling for the ousting of the entire board of Directors including the Government nominated ones as well,

Did this happen? NO why? Because the chairman of the board had all the time proxies of all the large instatustions backing him and his board and there was nothing any of the ordinary shareholders could do about it we were told to get put up or shut up.

Your comments trying to shift the blame on to the ordinary shareholders is nothing more than an attempt to hide the incompetence of the department you are currently chairing

You know full well that ordinary shareholders have no say what so ever in decisions taken at any AGM or for that matter EGM they are only staged to give to the ordinary shareholders the illusion that they have something to say. Nothing More!

The senior figure in Ireland’s banking watchdog admitted it did not shout loud enough about reckless lending to property developers during the bubble, but insisted ordinary shareholders were also responsible.”If the banks don’t reform adequately, it’s the shareholders who should be there to discipline them,” he said. “If they don’t do that, they take a hit, and they have taken a massive hit here.”

I think it is beholding on you Mister O’Connell to resign from your overpaid job and try to live on the dole for a while that might bring you back to reality!

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