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Thread: Patrick Honohan

  1. #1
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    Default Patrick Honohan

    Patrick Honohan has a long history with the IMF and the World Bank and worked for Garret Fitzgerald.

    He was perceived by some as having "bumped" Ireland into the hands of the Troika, perhaps perceiving it as more on his wavelength than Ireland's own governing class.

    Just came across this short, but interesting biographical note on him.

    http://www.europeanvoice.com/article...ker/69847.aspx
    Last edited by C. Flower; 07-09-2012 at 07:27 PM.

  2. #2
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    Default Re: Patrick Honohan

    Patrick Honohan, governor of Ireland's central bank, is one of the few figures in the Irish establishment to emerge from the crisis with his reputation enhanced.
    Yeah.... and Hell is the ideal place to spend eternity.
    "Politics is the art of looking for trouble, finding it everywhere, misdiagnosing it, and then misapplying the wrong remedies.”

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    Default Re: Patrick Honohan

    Quote Originally Posted by riposte View Post
    Yeah.... and Hell is the ideal place to spend eternity.

    The biography says his parents were non-party Irish public servants - father in the Department of Finance.

    Honohan perhaps has moved on and given his allegiance to the international, rather than national bodies - the IMF and World Bank.

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    Default Re: Patrick Honohan

    The guy is neck deep in banking, the very institution that ruined Ireland. The IMF which he worked with has never, ever, done anything except the western capitalist cause. People like him are a dangerous menace.

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    Default Re: Patrick Honohan

    Quote Originally Posted by C. Flower View Post
    Patrick Honohan has a long history with the IMF and the World Bank and worked for Garret Fitzgerald.

    He was perceived by some as having "bumped" Ireland into the hands of the Troika, perhaps perceiving it as more on his wavelength than Ireland's own governing class.

    Just came across this short, but interesting biographical note on him.

    http://www.europeanvoice.com/article...ker/69847.aspx
    Would it be a big sin to copy and paste the article, or is it worth registering with this EuropeanVoice.com crowd to read it.

    Its funny, but it does not feel right to register to read an article and then never (probably) visit again, and promptly forget your pass word. But I suppose in a world of infinite digital capacity that is olde fashioned thinking. It is infinite, isn't it?. Or is it one day going to collapse into chaos under the weight of once off log-ins?
    and why the ****** did I not just register and read the article in the first place and cut the crap? so many questions.

    think I will register and read....... but maybe not,

    God I hate making decisions..............

  6. #6
    Kev Bar Guest

    Default Re: Patrick Honohan

    I bailed.
    But happy to eat yr crumbs.

  7. #7
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    Default Re: Patrick Honohan

    Quote Originally Posted by eamo View Post
    Would it be a big sin to copy and paste the article, or is it worth registering with this EuropeanVoice.com crowd to read it.

    Its funny, but it does not feel right to register to read an article and then never (probably) visit again, and promptly forget your pass word. But I suppose in a world of infinite digital capacity that is olde fashioned thinking. It is infinite, isn't it?. Or is it one day going to collapse into chaos under the weight of once off log-ins?
    and why the ****** did I not just register and read the article in the first place and cut the crap? so many questions.

    think I will register and read....... but maybe not,

    God I hate making decisions..............
    I feel your pain re. registrations for sites
    The CV on the right hand side of the page is quite good.
    Otherwise there's a fairly thorough bio on Reuters here:
    http://www.reuters.com/article/2012/...BANKIE20120619

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    Default Re: Patrick Honohan



    I just ran "Dublin Lamppost" through Google Image Search...
    I dropped out of communism class because of lousy Marx.

  9. #9
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    Default Re: Patrick Honohan

    Quote Originally Posted by eamo View Post
    Would it be a big sin to copy and paste the article, or is it worth registering with this EuropeanVoice.com crowd to read it.

    Its funny, but it does not feel right to register to read an article and then never (probably) visit again, and promptly forget your pass word. But I suppose in a world of infinite digital capacity that is olde fashioned thinking. It is infinite, isn't it?. Or is it one day going to collapse into chaos under the weight of once off log-ins?
    and why the ****** did I not just register and read the article in the first place and cut the crap? so many questions.

    think I will register and read....... but maybe not,

    God I hate making decisions..............
    I got a readable version without having to register. Try searching "Free Thinking Banker European Voice"

  10. #10
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    Default Re: Patrick Honohan

    Patrick Honohan, a Board Member of the ECB, has always made it plain that as such he acts for the EU interest as a whole (as he sees it), not for Ireland.

    He says that the ECB is who he answers to.

    He was also one of the first out of the trap to have called for a Banking Union.

    He says that the Board's latest ponzi bond-buying scheme, which merely shuffles notional cash around, will solve the eurozone crisis.

    He said in a speech given at Trinity last week that Ireland was "badly advised" on the Bank Guarantee, but does not say by whom.

    http://www.independent.ie/business/i...s-3222773.html

    As yet, I have not heard him address the issue of the democratic deficit that is coming about as a result of centralisation of economic decision making, moving it from democratic, to non-democratic fora.

    His old employers, the IMF, were fast onto the phone to Ireland last week to warn against any loose talk by Labour or anyone else about General Elections.
    Last edited by C. Flower; 29-01-2013 at 08:58 AM.

  11. #11
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    Default Re: Patrick Honohan

    His Wiki page - a thoroughly international career - academic more so than at the coal face of finance http://en.wikipedia.org/wiki/Patrick_Honohan
    Last edited by C. Flower; 08-09-2012 at 06:51 PM.

  12. #12
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    Default Re: Patrick Honohan

    Quote Originally Posted by C. Flower View Post
    Patrick Honohan, a Board Member of the ECB, has always made it plain that as such he acts for the EU interest as a whole (as he sees it), not for Ireland.

    He says that the ECB

    He was also one of the first out of the trap to have called for a Banking Union.

    He says that the Board's latest ponzi bond-buying scheme, which merely shuffles notional cash around, will solve the eurozone crisis.

    He said in a speech given at Trinity last week that Ireland was "badly advised" on the Bank Guarantee, but does not say by whom.

    http://www.independent.ie/business/i...s-3222773.html

    As yet, I have not heard him address the issue of the democratic deficit that is coming about as a result of centralisation of economic decision making, moving it from democratic, to non-democratic fora.

    His old employers, the IMF, were fast onto the phone to Ireland last week to warn against any loose talk by Labour or anyone else about General Elections.
    That Trinity speech here in full and worth careful reading - http://www.centralbank.ie/press-area...e%20Dublin.pdf


    To be sure, it is very doubtful that, absent the guarantee, European official partners would have countenanced the imposition of losses on senior bank
    creditors at any stage during 2008-11, so it is probably wrong to overemphasise the guarantee: some form of guarantee or de facto cover would probably have been insisted upon. Because that propelled Ireland to a very stressed level of public indebtedness, it seems implausible that any subsequent decisions on recapitalisation modalities could have materially improved the eventual outcome.
    Thomas Jefferson : Banking Establishments are More Dangerous to our Liberties than Standing Armies.

  13. #13
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    Default Re: Patrick Honohan

    Speaking on This Week. Not too keen on an inquiry into the Central Bank.

  14. #14
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    Default Re: Patrick Honohan

    I was listening to him on This Week ....... he talks pure Camouflage. It wasn't helped that the RTE interviewer hadn't a clue what questions to ask. Honohan reminded me of a lot of parish priests I've met over the years........arrogant and genuinely ignorant. Amazing.
    Last edited by riposte; 09-09-2012 at 04:36 PM.
    "Politics is the art of looking for trouble, finding it everywhere, misdiagnosing it, and then misapplying the wrong remedies.”

  15. #15

    Default Re: Patrick Honohan

    Quote Originally Posted by eamo View Post
    Would it be a big sin to copy and paste the article, or is it worth registering with this EuropeanVoice.com crowd to read it.

    Its funny, but it does not feel right to register to read an article and then never (probably) visit again, and promptly forget your pass word. But I suppose in a world of infinite digital capacity that is olde fashioned thinking. It is infinite, isn't it?. Or is it one day going to collapse into chaos under the weight of once off log-ins?
    and why the ****** did I not just register and read the article in the first place and cut the crap? so many questions.

    think I will register and read....... but maybe not,

    God I hate making decisions..............
    hahaha,

    anyway, I'm just wondering why on earth wouldn't they make the article public?

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