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Posts tagged ‘Toxic Banks’

Bankl of Ireland increase of 300% on the premium for life insurance to 640 euro per month !

Sent in to us to-day

Bank of Ireland is engaged in cherry picking in the life insurance market! Ageism is alive and well in this Irish government backed toxic and corrupt Bank. How many more Banks are engaged in this despicable practice and what can we, as consumers do about it? This of course rules me out of ever buying a property as I would not be able to afford a mortgage with these insurance costs! An increase of 300% on the premium is just outrageous!For the past 15 years I have had this term life policy with Bank of Ireland I was at the time running a business and this policy was required by the bank as collateral. I have in fact paid off all loans about 8 years ago and I decided to continue with this policy as I had no other life insurance. I am healthy and have no medical problems and I have never smoked a cigarette in my life. The life cover is about to run out next month and I received this correspondence in the post to-day.

Basically the policy is now worthless .I was told it had a value of 2300 euro about 8 months ago but when I asked to-day I was told it had a value of just 120 Euros. I am also informed if I wish to continue with the policy I will have to pay 300% more premium and that will only take me up to 2017 (5 years from now) My current premium is 219 euro per month and these gangsters are now blackmailing me into paying them 640 Euros per month .Effectively I have to take on a new, never-ending mortgage for the privilege of insuring my life. Or you could take it another “we don’t want your business “You are too old” you might die and we will have to pay out!

This is a state backed swindle and robbery, but who gives a shit??

where were you Mr.Begg?

ICTU accuses Govt of ‘failing’ unemployed

Saturday, 1 May 2010 11:15

The Irish Congress of Trade Unions has accused the Government of ignoring the jobs crisis, and failing the 435,000 people currently out of work.

In a May Day statement, ICTU General Secretary David Begg said Government inaction had ensured that long-term unemployment and emigration were central features of Irish life again.

Mr Begg said the entire apparatus of Government seemed ‘uttery transfixed’ by the banking crisis, while those who had lost their jobs had seen their benefits cut.

‘There appears to be a bottomless pit for the senior bankers that caused this mess – and the jobless are told to wait in line, literally,’ he said.

‘For there to be any sense of justice or of a burden being shared, Government must move with urgency to give the Jobs Crisis equal billing with the banking crisis,’ he added

 

Comment Mr.Begg

First you should get your figures right the total number of unemployed is not 435,000

You just took this number from the government’s doctored figures!

The real figures is more like 650,000 people plus 120,000 on useless FAS courses,

Of which when finished will only dump these unfortunate people back on to the Dole queues!

The Government figures do not give the up to date numbers. They do not count people who are unemployed but do not receive the jobseekers allowance. In other words if you are in receipt of some other payment you are not included in the Dole stats,

You are not in the same stats if you were self-employed and are now unemployed (Like me)

There are approximately 65 thousand of such persons, that’s without counting the already 65,000 that have left the country

Then we come to the “Students” that are now back to education (Mature) approx 27,000 in all not to mention the 53,000 that will be available for work and have no jobs to go to when they finish at the end of may (this school year)

 

Where have you and your Unions concern for the Unemployed been all this time (the last two years)

While the government have been dumping billions into the bankrupt toxic banks you and the other unions in this state have been more concerned with your own union members pay while the unemployed have had to undergo in some cases a 50% deduction

The once self employed (approx 65 thousand people) have been just dumped on to the scrapheap

With no entitlements of any kind given to them!

I belong to this group and after 27 years of paying my taxes and prsi and the levies for myself and my staff (up to 8 persons) I too have found myself without any support of any kind.

Where was your concern when we needed it?

Your expression of concern for the unemployed ring hallow to all 565,000 thousand of us

your outburst smacks of self interests!

we need Jobs not waffle!

Unemployed unite and take to the streets !


 

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!

How to win a referendum:

Scaremongering but who’s doing it?


Finance Minister Brian Lenihan also warned yesterday that if Irish voters snubbed the treaty the result would “shatter international confidence” and lead to continued scarcity of funding and increased borrowing costs.(Looking for a yes vote)

A ‘No’ vote in next month’s lisbon Treaty  referendum could result in the interest bill on Ireland’s national debt jumping by up to €900m a year according to Indecon
(
Looking for a Yes vote )

A NO vote in the upcoming Lisbon Treaty referendum would represent a “spiritual withdrawal”, from Europe, Minister for Finance Brian Lenihan has warned. (Looking for a Yes vote)

A Yes vote in the referendum would earn Ireland the continued goodwill and support of the EU in tackling the banking crisis, he added.

Mr Gormley “It would be entirely counterproductive to vote “The whole emphasis in terms of the European recovery is a green recovery [which can provide] jobs, jobs, jobs.” Echoing the sentiments of other pro-Lisbon political leaders, “It would be a huge mistake to focus on national issues when this is a campaign to get us out of recession,” he said. (Looking for a yes vote)

How to win a referendum:

1. On top of high VRT, introduce a Green (Party) carbon tax, and just to be on the safe side, impose a €200 a year work parking tax, just for daring to have a job!

2. Make the citizens vote a second time, even though they said No – but make sure you don’t change the wording.

3. Have on the Yes side a millionaire car salesman, like Bill Cullen, who opposed changes to the infamous VRT, and is the biggest over priced merchant for  the Renault spear parts in the country(Nice one Bill!)

 

4 . Have Ryanair on the Government side, who are best known for their F-Service , saying there are a millions reasons to vote Yes (excluding taxes and charges), and (Baggage charges Now approaching 100 euro per bag) then have the same Government introduce a €10 travel tax, contrary to EU law of freedom of movement between member-states.

5 . In case the European Central Bank doesn’t hype up mortgage rates any time soon, re-introduce water rates and a property tax on every family home in Ireland, while at the same time making taxpayers bail out the bankers and the builders.

6 . Make sure Brian Cowen leads the Yes campaign.

7 . Have crooks running FAS

8 . Have people like John O’Donoghue become Ceann Comhairle in the Dail

9 . Create Toxic Banks to help your buddies in the Banks and the Building


Industries

10 . Keep corrupt Politicians in places of power

11 .TAX the Sh*** out of the ordinary people

12 Tell them you are going to crucify them in the coming December Budget

13. Make a complete mess of the Economy, and blame it on the ordinary people

For having paid extortion prices for their own homes

14. Put a Tax on those homes, let say 1000 Euro on average for every home in

The land

15 .when you hold a referendum keep going back to the people until you get the right result (the one you want)

16 .
Keep corrupt Bankers in their High paying Jobs at Bankrupt Banks

17. Allow these same Banks (Now with Government appointed Directors) to

Overcharge their own customers, and then, clam that it was a computer error when found out.

18. Allow dodgy Building Developers stroll into the courts of the land and present fantasy valuations as a means to dance around The Supreme Court rulings

When 80 families are turned out, and lose their overpriced homes every week, sold to them by these developers in the first place

19 . Make it blatantly obvious, that there is one law for the rich, and another law for the poor in this country

20. Tell everyone that NAMA is the only game in town and we the people must pay the gambling debts of the super rich of the country.

That should do it!

 

 

 


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