Bondwatch - The Payout from the Irish People to Banks

[Dr. FIVE]

Anglo bond makes the papers. gwan twitter

[PaddyJoe]

Anglo bond makes the papers. gwan twitter

The mention there on #vinb is the first in any main stream media this week as far as I can tell.

[Dr. FIVE]

In the tomorrows Indo too I think. "This week's other story" according to Hegarty.

Wouldn't have guessed

[Dr. FIVE]

Garda prevented Ballyhea protesters from handing out leaflets outside Croke Park.

A "health and safety issue" apparently

[C. Flower]

Garda prevented Ballyhea protesters from handing out leaflets outside Croke Park.

A "health and safety issue" apparently

Unbelievable.

Or maybe not.

[disability student]

Garda prevented Ballyhea protesters from handing out leaflets outside Croke Park.

A "health and safety issue" apparently

Another 'Shell' incident

[Dr. FIVE]

Good post on NWL

http://namawinelake.wordpress.com/20...summer-recess/

[C. Flower]

One billion going out today to unsecured bondholders from public funds channelled via AIB.

[MPB]

One billion going out today to unsecured bondholders from public funds channelled via AIB.

Nearly time for a mortgage and tax strike.

If only we had unions not in the pay of the politicians and politicians not in the pay of the banks.

[Captain Con O'Sullivan]

It is just securitisation of national income by private bank owners. Essentially it is a theft under guise of the banks being 'systemic'.

Lenihan was led up the garden path by those same bondholders and panicked into the 'cheapest bailout in the world'.

It only looked cheap because the bank boardrooms were in fact lying about the true state of their liabilities and commitments and leaking information in a staged and deliberate way.

We have such laws referred to as 'Offences Against the State' Acts- if the actions of bank boardrooms and bondholders in Ireland were not an offence against the state- ie larceny with menaces then what exactly does constitute an 'offence against the state'?

Just because there was no loud bang and a shattered car appears to the only difference as far as I can tell.

Those who are familiar with already stated views on this know I am sure that I would have the boardrooms and former directors in the Curragh for an attack on the state and I can assure you there would be a firing squad involved.

The 'Court of Governors of the Bank of Ireland' are every bit as responsible for sedition against the Republic of Ireland as any proscribed armed group has been in the past.

Ireland should have defaulted immediately it was discovered that the directors of Irish banks were lying to the government about the scale of their rotten fictional balance sheets.

[disability student]

It's like when you lied to any Insurance company re application form that you had filled out to make a claim. Once any insurance company discover that you had lied then the contract between us is declared ' null' and void'. That same principle should apply to these lying banks who were at that time, insolvent (not liquidity)problem.


Heard a story of a deaf man, who lived in dublin city suburbs as he filled out an insurance form for renewal of his car insurance at the start of the year. One of the questions listed on the form was.... do you have a hearing aid? He ticked in a box for no so he thought that he was fully covered.

Many months later, he crashed his car with another car as Garda were called into scene. The deaf man made a claim for damages to a insurance company in question. Few weeks later the insurance company also received Garda report as well. They were astonished to see that a claimant is deaf as they checked with his application form, Then they had informed him that they refused to pay out damages because he had lied to them.

So he brought the insurance company to court. When his turn came out to speak as he can speak very well. He explained to the court in question that he doesn't use hearing aid at all, although he is deaf. Hence his tick on the form as the barrister for insurance company was peeved & angry by that comment. Anyway at end of the day, he got damages claim in the end as Insurance company were really annoyed.

In short these main banks LIED... simple as that. Contracts should be torn up and shredded as void.

[Dr. FIVE]

Steven Donnelly kicking arse on newstalk

[ang]

Fiscal Compact supporter kicking back at being fooled.

[Captain Con O'Sullivan]

is Minister Noonan a Bondholder? I thought he was previously identified as an Irish bank bondholder?

I recall Dead Lenihan assuring everyone almost simultaneously that Irish bank bondholders were (a) unidentifiable and (b) they were little old grannies saving for th' rainy day.

By far the most interesting thing in Irish domestic politics has been the level of lying and evasion the oireachtas indulges in regularly with regard to the taxpayer. It is no wonder they are annoyed about the internet.

The lies reverberate around a lot longer than they used to.

[disability student]

is Minister Noonan a Bondholder? I thought he was previously identified as an Irish bank bondholder?

I recall Dead Lenihan assuring everyone almost simultaneously that Irish bank bondholders were (a) unidentifiable and (b) they were little old grannies saving for th' rainy day.

By far the most interesting thing in Irish domestic politics has been the level of lying and evasion the oireachtas indulges in regularly with regard to the taxpayer. It is no wonder they are annoyed about the internet.

The lies reverberate around a lot longer than they used to.

Noonan sold his German bonds in April 2011.