I may be the last to see this, a war, underground and undeclared, but a war. The opponents are a bit undefined but there is a clear and escalating combat in the world. I’m not talking about Terrorists, (although the establishment who is under assault may declare their attackers as such) I am talking about the the established order, The Multi-Nationals, the Big Press, Governments, Military establishments, Religious organizations. The big anonymous bodies that have been abusing their positions to detriment everyone else.
On the opposing side, are all the little people, groups and oppressed, or the perceived oppressed. Your fellow ‘pissed off’ worker setting next to you, who will explode in a fountain of Whistle blowing. A venting of frustration that will result in the...
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If you haven’t heard there is a vote in The Dáil on Tuesday, A No Confidence Vote against the Fianna Fáil Government. But listening to RTE and the Newspapers, you would only hear about Fine Gael frontbenchers ousting Kenny . What? No! We are voting AGAINST Fianna Fáil ! Where did all the kerfuffle about Kenny come about. In a word Fianna Fáil! It’s a ploy augmented by the gullible and lazy press to deflect attention away from the Tuesday No Confidence Vote. A lame attempt to displace attention away from their criminal activities which created the Irish Banking Crisis and to make a mockery of the Vote....
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I’ve being rude at Gateway Ireland I’m an Ass H__e. But I’m a Ass h__e that gets things done! I have spent my whole life moving from project to project simply on my reputation of being a high tech firefighter. I stomp out project fires, and make things work. I complete projects that are spinning out of control and either cash in the reality check and close them, or bring them to fruition. And the one thing that gets my blood up are projects without any clear goal, or ones that have floating goals. This Gateway Ireland project sounds great, but is clearly unfocused and directionless. Doomed to failure, much like the Mobhaile.ie project which I could see from it’s outset would fail. And the aftermath shows that there had to be ulterior motives at work here....
Fianna Fáil is now preparing to force every working man into funding Pension Funds that have been losing money every day. In other words they are funneling 8% of everyones paycheck into a black hole where there are no controls on pension fund managers. These incompetent Pension fund managers are allowed to lose money without regard to their customers. And there is NO need, you can earn interest on a pension WITHOUT risk. In fact this should be the number one requirement. Instead this is a gift to the criminal behavior of Pension manager. Should a regulation be put in place to guarantee that funds placed into pensions will never be less than the value of the investment. These crooks would scatter back under the rocks where they came out from. And Fianna Fáil would lose some more of their...
That headline isn’t really news, at least to the people of Ireland. And only the, very disconnected, Irish Government believe that their spinning of any other message has changed that public attitude.
But here is another one, Rent, the very nature of the overinflated rents, which are driving companies out of business. This has only one value, and that is to the Banks which are utilizing the higher rents to increase the apparent value of their holding before passing them on to NAMA. In any other country, this is called Fraud
Accounting fraud
In order to hide serious financial problems, some businesses have been known to use fraudulent bookkeeping to overstate sales and income, inflate the worth of the company’s assets or state a profit when the company is operating at a...
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I don’t want this post to seem like an “I told you so” post. But it might appear that way. I started irishcorruption.com/publicinquiry.eu back in 2005. One of the biggest issues myself and my uncle Anthony covered, and still cover on that blog, is the lack of regulation of the banks. And when the country was in a credit boom, and nobody was asking questions about regulation of the banks, myself, and to a much deeper degree Anthony where highlighting this issue ad nauseum. Almost all of these posts were also copied to the office of the Financial Regulator.
August 22, 2005 Toothless IFSRA
August 25, 2005 Allied Irish Banks investigates itself
September 28, 2005 Banana Republic
October 10, 2005 Irish/Italian accountability
November 15, 2005 The sheriff is not for the good...
I’m always suspicious when a company US games company sues British blogger. What is the point of elevating an obscure blogger to Internet prominence? All this law suit is doing is broadcasting the bloggers opinion further, and if the blogger’s opinions are ‘untrue’ this just makes any damages to the company worse rather than to defend their ‘reputation’.
I think they are operating under the old saw that states ‘there is no such thing as bad PR’ , or they have bribed the courts in Australia, or they are seeking a clever way to declare bankruptcy.
In any case they are seeking to destroy Internet freedom of opinion, by using the more restrictive Libel laws from another country to censor this Blogger. Why not use the Iranian courts, then they...
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I almost never link to Twenty Major, more because I have no comment on what he comments on, but this posting Brian Coward is probably worthy of another award. And I could not recommend it more....
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A fellow Blogger at A Networked World made the connection with another blogger. And Got me thinking about The Real, Next Big Question! He states;
…the talking heads all talk about this recovery, but its always a recovery “from” the crash and never, ever, about what our lives and communities and economies will look like once we have “recovered”.
What are we recovering TO?
It can’t really be the same as it was before. We have to seek new things, new jobs, and a different way of life than that which was before. That world is gone! IT will NEVER return, or better yet, SHOULD NEVER be allowed to return. It’s unsustainable and WILL collapse again (for the worst) should we ever ‘Recover’ it.
What’s needed is Vision and...
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One thing, If the Yes vote is supposed to be the right (as in correct, AND good) Vote. Why is so much money being spent to Buy the Yes Vote!
Shouldn’t the Yes be self evident? And don’t say that it’s because there is a ‘No!’ campaign on, that must be countered. Opposition occurred second....
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I found this on the @SarahPalin_Blog and it reads in the discription;
The continuing story of a moose hunting, hockey Mom who may become leader of the free world.
And I find this disturbing and frightening on so many levels, however after thinking about it for a bit it could never happen. For if Ms. Palin should ever become President of the United States, The United States would cease to be part of the ‘Free World’ and be in fact, the antithesis of a free country, a new Fascist state would rise, and have to be putdown by the remaining ‘Free World’ countries.
Be afraid, be very afraid!
For if you don’t put down a mad dog now, you will surly have to put it down later after it’s bitten someone!...
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Nothing is more convincing than a logical and well documented description of the Path to Fascism
Fascist in America, are we there yet? Everyday I’m glad I don’t live there anymore. It’s a shame that the GOP has chosen to commit Treason against the American Constitution and actively seek to institute a Fascist overthrow of the American government....
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This will be a long post, so stay with me if you can:
Countries are in a desperate economic situation for one simple reason—the powerful elites within them overreached in good times and took too many risks. Emerging-market governments and their private-sector allies commonly form a tight-knit—and, most of the time, genteel—oligarchy, running the country rather like a profit-seeking company in which they are the controlling shareholders. When a country like Indonesia or South Korea or Ireland grows, so do the ambitions of its captains of industry. As masters of their mini-universe, these people make some investments that clearly benefit the broader economy, but they also start making bigger and riskier bets. They reckon—correctly, in most cases—that their political connections...
Say I have a store and I’ve been buying rotten fruit from my friends for sometime. Paying top Euro for it as well.
When it comes to selling it, I find it impossible to sell it, and so I conceal from my stock holders the fact that I’ve been buying all this rotten fruit,
I talk with my friends and they tell me I should convince the government that I should have help selling this fruit, or else I’ll go out of business. Isn’t it just the great that my friends in government have agreed, and are going to buy all my rotten fruit, at top Euro as well, and then they will let me continue to operate my store however I wish to.
Isn’t this a bit like the new ‘Financial’ bill in the Dail currently. The Irish taxpayer gets all the rotten fruit, and the...
I have uploaded the entire Ansbacher Report. I will be adding the full set of links shortly.
The Report, minus appendices
Appendices
Vol. 02 App. I-XIV
Ans 02
I
II
III
IV
V
VI
VII
VIII
IX
X
XI
XII
XIII
XIV
Vol. 03 App. XV (001-016)
Vol. 04 App.XV (017-029)
Vol. 05 App. XV (030-042)
Vol. 06 App. XV (043-054]
Vol. 07 App. XV (055-073)
Vol. 08 App. XV (074-080)
Vol. 09 App. XV (081-095)
Vol. 10 App. XV (096-111)
Vol. 11 App. XV (112-126)
Vol. 12 App. XV (127-142)
Vol. 13 App. XV (143-152)
Vol. 14 App. XV (153-167)
Vol. 15 App.XV (168-171} XVI XVII...
For a total of €45 million, in case you forgot. As it turned out, Moriarty found that the money came from AIB effectively writing off his debt. How nice of them....
Former Anglo director Gerry McGann has resigned from the board of the Dublin Airport Authority. Gary McGann were among five non-executive directors who resigned from Anglo on January 19 — just before the Government took steps to nationalise it....
The Gardaí raid offices of Anglo Irish Bank in Dublin in the first positive step in restoring confidence in the Irish Government. It’s a shame that that it took almost violent public outcry from the people to stir action from the lame corrupt ministers. It’s also a shame that any incriminating evidence has probably been destroyed and disposed of....
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If you ever wonder why the GOP is no longer in power in the U.S. this video will answer all your questions. It’s a shame this can’t be used in Court during commitment hearings. The only thing missing in this interview is his claim that Obama is communicating with space aliens....
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Sayeth Dick Roche:
A Minister of State has today contended that the Government cannot identify the ten individuals involved in the €451 million transaction to purchase shares in Anglo Irish Bank being unwound by businessman Sean Quinn.
Dick Roche, the Minister for European Affairs, said today that the Minister for Finance Brian Lenihan told him that as sole shareholder of the nationalised bank, he has no right to receive information as to identity of the ten individuals.
Mr Roche also rejected allegations that the Government was trying to protect or shield any of the ten.
In a statement responding to weekend media reports that purported to name some of the ten investors, Mr Roche has that Mr Lenihan had confirmed to him that the requirement of confidentiality is laid down in the Central...
Last night I was trawling newspaper archives for information on the four Anglo names. I have already posted on Seamus Ross and Jerry Conlan. While searching for information on Gerry Gannon I came across this gem from the Sunday Independent from April 2008.
A GROUP of clients of Anglo Irish Banks, including big builders and entrepreneurs, plan to set up a large investment fund to buy shares in the troubled bank.
A meeting took place in a Dublin hotel recently in which it was decided to buy shares worth up to €500m. Gerry Gannon of Gannon Homes and Sean Quinn are thought to have been targeted to join the consortium. Quinn is already a large shareholder.
Sources close to the group suggest that each member will be asked to put in several million euro. When the fund reaches €500m, it...
Something important happened yesterday. The Sunday Tribune published reams of information on the Anglo Irish debacle. Even if they published 20% of what the did, it still would have meant the biggest story of the past month at least.
What it looks like to me is a newsdump - while everyone is distracted with the names of the Anglo 10, and another Sunday paper published the names of four others, the Tribune published tonnes of important details. The intent is that the news agenda will move on quickly - and it seems to have worked.
Monday’s Irish Times barely mentions the revelations in the Tribune. Nor does it name any of the Anglo 10. The same will likely be true of all the papers.
So what now? The details in the Tribune should not be let drop from the news cycle. If true, the...
Jerry Conlon is a Naas-based developer involved with a company called formerly known as Harlequin Healthcare. The company owns and runs St Joseph’s private hospital in Sligo. In 2004 the firm competed with another company to build a private hospital in Waterford.
As of June 2006 Mr Conlon was chairman of Harlequin. The company also plans to build a €25m hospital development in Naas. It also owns Aut Evan hospital in Kilkenny.
The Sunday Times reports:
Conlan is the least well-known of the four. He sold 400 acres of land he co-owned in Naas, Co Kildare, known as Millennium Park, for €340m. He used much of the proceeds to found the Mount Carmel Medical Group which owns a maternity hospital in Rathfarnham, south Dublin. Mount Carmel has been appointed by the Health Service...
In 1998 - Seamus Ross told the Mahon Tribunal in 2003 - Liam Lawlor “plagued” him for money. After a day at the races at Fairyhouse, Mr Lawlor asked Mr Ross if had any money. Mr Ross told him he had “a few pounds in the house” and later gave him £5,000 in cash.
Afterwards he said he was angry, and made up his mind to end “this carry-on”. “I was angry with Liam Lawlor,” he said. Shortly after, Mr Lawlor came back again for money but Mr Ross ordered him out of the office. He later felt sorry for him and gave him a discount on a house. Mr Ross told the Mahon Tribunal he sold Mr Lawlor a £100,000 house for £80,000. He also furnished it at a cost of £5,000. Mr Lawlor’s daughter moved into the house.
The next year, Mr Lawlor started...
RTÉ
… a Public Service Broadcaster, a non-profit making organisation owned by the Irish people.
RTÉ is a State owned and operated propaganda wing of Fianna Fáil! There is no other way to put it. In a free society, only a free and open press and broadcaster can be truly unbiased, anything else is a sham. All funding and support comes from the government, not the ‘Irish People’ truth is the last thing to be published. Bite the hand that feed’s it, you must be joking!
RTE should be cast out in the public domain, where a wealthy broadcast media giant can buy it … broadcast …. print … political propaganda … biased economic news….err….
Oh well! I’ll just have to turn off the telly and read more......
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Economics is as much of a Belief system as it is matter of math and relative perceived value exchange. And as such is subject to Self-fulfilling prophecy . If the belief is strong enough the value or a rock could be zero, of worth vast sums of currency. So also when a people believe in their leadership, and believe that they will fix the underling issues in the economy, almost by magic, the economy will turn around. The reciprocal is also true, when a majority loose faith in the economic plans of a government, nothing that government will do will generate a reversal of economic decline.
This is why the U.S. will recover from the world recession quicker than the Irish. A faith in the Obama plan far exceeds the faith that the Irish have in Brian Cowen and Fianna Fáil. At this stage...
I have watched the management of Waterford Crystal over the past few years, and have been amazed at how clueless they are about their product. Like most bean counters, they have sought to reduce expenses by pushing production into Eastern Europe and any other place where they could drop the cost of production. They must be insane! It’s the only conclusion that makes sense. They have been behaving as if their product is a commodity item like an automobile, or a toaster.
Waterford Cystal and Wedgewood ARE the labors and works of Waterford Ireland and Wedgewood England! Anything else is a fake, even with a waterford/wedgewood label on it, they are FAKES! Waterford Crystal is a luxury item that speaks to Quality not quantity. It means workmanship that a slow and skilled workforce...
White collar crimes that get punished!
HARTFORD, Conn. (AP) — A former executive of insurance heavyweight American International Group Inc. was sentenced to four years in prison Tuesday in a fraud case that authorities say cost shareholders more than $500 million....
Brian Lenihan, should be fired! Plain and simple, because he does NOT understand the terms or meaning of GOVERNMENT. Today in an interview he mentioned that the banks were not being bailed out by recapitalization using taxpayer money, that they were using other government funds from retirement accounts. Where does he get the idea that the government HAS ANY money that is not the property of the taxpayers? GOVERNMENT IS NOT A BUSINESS! I’ve said it many times before, the Irish Government only manages the finances of the people of Ireland, THE TAXPAYING PEOPLE OF IRELAND! The Irish Government does not, and never will have independent funds separate from Irish citizen taxpayer......
If this doesn’t reek of classic Republican Hypocritical behavior nothing will when Republicans criticize Obama aides’ silence. They are criticizing from a government that that has epitomized non-transparent obscuration and political spin on every subject in the past. It makes one wonder just how stupid the American Public are, of maybe were. After all, they are no longer in control, and with this kind of ignorance and arrogance, will never be......