Home » Uncategorized » Banking Inquiry in Ireland – As Controversial and Corrupted as that which it Inquires Into; Not to mention the Exorbidant Costs Involved – And for What Good?

Banking Inquiry in Ireland – As Controversial and Corrupted as that which it Inquires Into; Not to mention the Exorbidant Costs Involved – And for What Good?

Its absolutely amazing how outwardly arrogant and damningly treasonably determined the Irish Government are towards the sovereign people of Ireland in proceeding with a Banking Inquiry.  An extreme ‘money for the boys‘ costly inquiry that cannot determine anything.  

That Ireland can only muster a Banking Inquiry to determine who destroyed our sovereign nation is a corrupt fraud in breach of the Irish Constitution and highly detrimental to the sovereign people of the nation.

Everyone knows the Banking Inquiry is a ‘sham personified‘ and a complete waste of taxpayers money that is designed only to be another cash-cow for certain individuals.  Estimated, without proper cost-benefit analysis, to cost €5 million – rest assured it will end up with at least another zero or two added by the time it concludes, having achieved nothing.   It is barefaced hypocrisy by dysfunctional corrupted crooks who are not the pillars of Irish society.

Politician’s are copy-catting the Judiciary and Legal Profession who have totally destroyed the country with their corrupted laws and practises, fees and costs.

In public hands now are some pretty damning documents in, hundreds in fact.  They are supposed to be secret, which grateful confirms at least some very senior civil servants are very unhappy with the corruption involved.  They will never learn in Irish political circles that stamping a document “Secret” or ” Confidential” or “Highly Confidential” is construed as LEAK!

These documents are the holy grail of new and adopted terminology, “constructive ambiguity” or the old reliable “plausible deniability” or “covert private sector takeover” or “big bang scenario’s” or “slow burn” or “fait-accompli critical“,  and damingly my favourite ” Pseudo-Legal People ” – the list goes on and on…..

What will happen with these documents is undeterminable presently – they should be released to the Irish public, the people footing the bill wither their ever decreasing austerely depleted earnings.

What is irrefutable though, is the absolute fact that they make a mockery of the official line and the current Oireachtas Banking Inquiry, they make Liars of most of the great and the good Banker’s and their mealy mouthed false apologies while they simply update their CV’s in public.

They also make Liars out of many current and previously serving Politicians, but then they generally go hand in hand with the Bankers so, no surprise there.

Meanwhile the general public simply roll their eyes resigned to the fact that they can do nothing, as a country we are completely subservient to the financial system and that is completely in the hands of private, for profit individuals.

A lot of people believe the official narrative that we lost our Sovereignty as a result of the financial crisis but we may yet regain that Sovereignty.

We lost our economic sovereignty many decades ago when we passed the ability and right of government to print and control the supply of money in Ireland to the private Banks, without Economic Sovereignty there is no Sovereignty at all!

For the military and security authorities of the state to continue to accept such treasonable governance is doubly catastrophic.  Looks like the sovereign have an honest lawful necessity to form an alternative security force under the constitution to justifiably counter the corruption and the illegal destructive measures being fraudulently perpetrated against them. 

The European Central Bank has confirmed that during the years 2009-2013 due to the financial crisis, Irish people paid/lost €18,000 per person. 

In the same period each German citizen gained €33,000 – almost double the amount gained as we Irish paid/lost.  Why is Ireland shouldering 42% of Europe’s banking debt?  

The Irish government were totally to blame – Ireland is only a pimple of a country with a small population, which made it very manageable for any sort of a decent business owner (government) to properly manage.

Brian Cowan’s evidence to the Banking Inquiry was a complete farce and waste of time and money.

He has simply spoken about how his previous employ as Taoiseach and as Minister for Finance should have been conducted and not on how he actually performed his work in these positions!  Far too many “cannot remember” responses, when it didn’t suit.

Just consider all of the professionally construed, constructed questions that were asked Biffo by the Inquiry and try measuring them with the totally inept, dodging, obviously untruthful responses given?

Watching the inquiry live, clearly former Taoiseach Biffo was not fit for purpose, the salary he was paid and the pension he is now in receipt of.  

It is hard to credit that this man was actually the Irish Minister for Finance, not to mention Taoiseach (Prime Minister).

Biffo quite obviously had a major health issue that untreated, simply rendered him incapable of being able to do his job properly as Taoiseach but, power was much more important.  He should not have been afforded the possibility to hold office because of it – because his medical condition rendered him incapable.

In those circumstances it is quite obvious he is not to blame for everything that went wrong during his watch. I’m sure everyone will agree! LOL!  It’s all a big joke to him while we the people must gravely suffer the consequences of his and others’ treasonous actions as Taoiseach, which has destroyed many lives, health and wellbeing and has treasonable wrecked  the nation and its institutions.  

He and others must now pay the price and that sentence can only be aligned to a penalty for treason.

Eurostat, the EU Commission’s data agency, has calculated the cost of the banking crisis in each EU country. The following focuses on the cost to general government budgets.  Ireland has really taken one for Team EU.

  
Yes, there’s wee Ireland up at the top, just edging out Germany for the dubious title of spending the most on the banking crisis.   €41 billion according to the Eurostat accounting data (this doesn’t count the billions ploughed into the covered banks from our National Pension Reserve Fund as this was not counted as a ‘cost’ to the general Government budget).

Of course, this doesn’t give the best picture. What happens when we look at the cost as a percentage of GDP?

  
Ireland may not win football’s European Championship but when it comes to banking debt we are Barcelona, Bayern Munich and Manchester United all rolled into one with Real Madrid for a bench. Germany may have run Ireland close in the nominal amount of banking debt but when it comes to a proportion of GDP, it is just pennies behind their sofa cushions.  For Ireland, it’s the entire house per occupant.

Here’s another little statistic to chew on. The European banking crisis is just that – a European crisis.  But as we know, this has not been addressed at European level.  Rather, the cost has been delegated to individual countries regardless of their size or ability to pay.  For instance:

* Ireland makes up 0.9 percent of the EU population

* The Irish economy makes up 1.2 percent of EU GDP

Boy are we small!  So how much of the entire European banking debt have we paid?

* The Irish people have paid 42 percent of the total cost of the European banking crisis

We may be minnows when it comes to population and economic size, but when it comes to banking debt we are the whales in the pond.

One more breakdown. How much have countries paid per capita?

  
The European banking crisis to date has cost every individual in Ireland nearly €9,000 each. The average throughout the EU is €192 per capita.    What can one say after that?

The really big problem is we are still paying nearly €9,000 each while the remainder of the EU pays only a fraction of that.  There is no deal for Ireland, just a re-arranging of euro notes – a lot of euro notes – on the decks of a sunken ship.
This is how badly government got it wrong!  Measure such seriousness with the so called Banking Inquiry and you can only conclude that the same type of corrupted dysfunctional governance is ongoing.

Somewhat consoling are rumours that a secretive expert investigative non governmental organisation is covertly investigating and has already collated mountains of pertinent evidence that will ultimately result in a unique solid comprehensive challenge incapable of defence by banking, dysfunctional corruptd institutions, government, legal profession, judiciary and other organs of state;  And, that because of it a coup d’état will ensue in Ireland at some point that will be backed up by the security services.  Illegal governance is like a sieve and the damping evidence is streaming through.

The treason must be put down at any cost because our country has been destroyed.  The sovereign people must do whatever it takes to regain proper governance control and restore our nation for its children.

Arthur O Hara.

Sunday 1 November 2015

One thought on “Banking Inquiry in Ireland – As Controversial and Corrupted as that which it Inquires Into; Not to mention the Exorbidant Costs Involved – And for What Good?

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