€17 billion Bondholder Picnic

by W. Finnerty Thu Jan 17, 2013 06:44

Reply to fred at Wed Jan 16, 2013 18:10

I agree with your assessment from a "vulture capitalist" viewpoint, and I appreciate it.

However, from a historical and a cultural viewpoint, and as a citizen of the Republic of Ireland, I personally find the bank-bailouts a lot less easy to understand, and to accept.

It took (roughly) from 1169 to 1948 AD -- and many, many very bloody conflicts and struggles and hardships of various other kinds in between these dates -- to get to the point where "the people" of the Republic of Ireland could truthfully point to a core piece of internationally recognised supreme law -- in the form of Article 6.1 of the Constitution of the Republic of Ireland -- which very clearly stated:

"All powers of government, legislative, executive and judicial, derive, under God, from the people, whose right it is to designate the rulers of the State and, in final appeal, to decide all questions of national policy, according to the requirements of the common good."

Now, in 2013, in connection with the 80 billion Euros of bank-bailouts, and as I see things at least, the majority of the membership of our Government (Executive, Legislative, and Judicial) appear to have fully decided to completely abandon this hard-won, core piece of supreme law -- completely UNLAWFULLY as far as I'm concerned -- and, "the people" of the Republic of Ireland are letting them get clean away with it: so far at least.

Something is very rotten in the State of the Republic of Ireland at the present time, it appears to me.

More so than it has ever been perhaps in the recorded history of Ireland?

Related Link:
(E-mail to Republic of Ireland's Senators dated January 16th 2013):
http://www.humanrightsireland.com/24thSeanadMembers/16J...l.htm

by fred Wed Jan 16, 2013 18:10

The political "facilitators" are getting their cut somehow, that's why.

if you were owed a whole lot of money, and someone you knew could recover it for you, what would you do? You'd give them a commission, that's what. It's just good business.

I'd say the phone call went something like this:

Mr Kenny, ya, ve have a liddle problem heer. 100 billion or so. Ya, herr Bertie got his cut already but if you can get ze idiot Irish sheeplings to continue to cover it, you and ze boys will get a billion in ze anonymous numbered swiss bank account and a dozen ATM cards for it, no questions asked. what? oh you vill, zat's splendid...splendid. Ya..as a consequence It should help make ze economy more business fwiendly too. Ha ha.. Ya plenty of rich pickings for all. Yes, privatise everysing you can. Ok Nice doing business vit you Mr Kenny! And if you pull zis off, There might be ze nice surprise for you in "Time" ha ha!. I know you love zat kind of sing. Auf Wiedersein.

We could never prove it of course as nothing is written down, but nothing else makes sense.

by T Tue Jan 15, 2013 23:31

It baffles me that we are handing over these vast sums of money to these people especially when the crisis hit many bondholders were willing to take 50 cents to the Euro.

by carrot_IQ Mon Jan 14, 2013 23:50

"Speaking on RTÉ's This Week programme, Mr Kenny said it was a 'very complex, highly technical' issue that the Government had been negotiating for the past 18 months."

So I therefore ask the obvious question: what chance has an idiot like Kenny of understanding it? We're totally fucked

If anything is to ever improve, politicians need to be elected on the basis of specific expertise not some stupid parish pump popularity contest

by W. Finnerty Mon Jan 14, 2013 11:21

"Speaking on RTÉ's This Week programme, Mr Kenny said it was a 'very complex, highly technical' issue that the Government had been negotiating for the past 18 months. So 'very complex' and 'highly technical' that it was never intended to be understood by anybody perhaps? Yet another 'baffle with bullshit' manoeuvre from the Global Banking Cartel: along the treacherous and treasonous road they are busily building towards everlasting debt-slavery for 'the people' of the Republic of Ireland?" -- with vigorous help and support from the three main branches of the Republic of Ireland Government: Executive, Legislative, and Judicial.

The above excerpt, which refers to the next 3 billion Euro "repayment" the Republic of Ireland Government is negotiating with the bankers, has been copied from an Open News "diary entry" dated January 14th 2013 at the following www location:
http://www.opednews.com/Diary/Taoiseach-Prime-Minister-....html

Related Link:
"Debt-slavery, Money Power Psychopaths, Article 4, United Nation Universal Declaration of Human Rights, Mad Banker Disease, Ireland, William Finnerty"
http://tinyurl.com/anxdbqw

by Feed the Revolution Sun Jan 13, 2013 15:02

Fair play, hope it goes well.