Category Archives: accounting gimmickry

TD’s unite to give themselves a pay rise

Posted on November 12, 2010 by

in case you missed this By John Drennan Sunday November 07 2010 As the country faces economic meltdown, TDs and senators are planning to improve their already plush terms and conditions. An official estimate of the money required to run … Continue reading →

Posted in "The-end-of-democracy", accounting gimmickry, action, action on Jobs, TD, TD' Perks, TD's lucrative expenses, TD'Pensions, TD's Pay Rise, TDs lavish expenses, The Dail | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

He could be talking about Ireland

Posted on November 10, 2010 by

I agree we need to be concentrating of  industrious business ,why can’t I but Irish made shirts, shoes, Irish made bicycles, for god sake Irish made anything? 75% of our business here in Ireland is services, and we are now … Continue reading →

Posted in "middle-class recession"., "The-end-of-democracy", accounting gimmickry, action, action on Jobs, Action on unemployment now!, Bailing out the banks, Bank Bailout in Ireland | Tagged , , , , , , , , , , , , ,

spreads tell a story

Posted on November 2, 2010 by

CDS spreads   Mr Lenihan, these figures tell the Irish People the real story the spreads cannot be dismissed and you are going to have to come clean on the true nature of the Banks derivatives time bomb No more account … Continue reading →

Posted in "The-end-of-democracy", accounting gimmickry, “Derivatives”, Bailing out the banks, Bank Bailout in Ireland, Brian Lenihian, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage, Irish Bank Bailouts, Irish Banking crises, Irish Bond prices and yields | Tagged , , , , ,

Is it time to let AIB go?

Posted on November 2, 2010 by

Since the Minister of Finance himself says that the still remaindering loans are only worth 40c in the euro this alone tell me that the banks is gone beyond repair as every one of his pronouncements on figures have been totally out I expect that you wouldn’t even get 10 cent on the euro Continue reading →

Posted in "middle-class recession"., "The-end-of-democracy", accounting gimmickry, Allied Irish Banks, http://namawinelake.wordpress.com, Irish Bank Bailouts, Irish Banking, Irish Banking crises, NAMA, NAMALAND, namawinelake | Tagged , , , , , , , , , , , , , , , , , ,

Angela Merkel consigns Ireland, Portugal and Spain to their fate

Posted on November 2, 2010 by

Angela Merkel consigns Ireland, Portugal and Spain to their fate Germany has had enough. Any eurozone state that spends its way into a debt crisis or cannot adapt to a monetary union set for Northern rhythms will face “orderly” bankruptcy. … Continue reading →

Posted in "The-end-of-democracy", A two-tiered Euro, accounting gimmickry, Anglo Irish Bank, Anglo's restructuring plan, “Derivatives”, Bailing out the banks, Ramond Crotty | Tagged , , , , , , , , , , ,

Taxpayers getting shafted once again

Posted on November 2, 2010 by

The Irish Times – Tuesday, November 2, 2010 Q&A MARTIN WALL Who will benefit from the early retirement/voluntary redundancy schemes?  The schemes will be primarily aimed at staff in managerial/administrative and clerical grades in the HSE, voluntary hospitals and in … Continue reading →

Posted in "The-end-of-democracy", accounting gimmickry, action on Jobs, Action on unemployment now!, An Bord Snip Nua, attack on old age pension, Health, Health Service Executive, Healthcaire, Hospital Services, Mary Harney, Minister for Social Protection, Money saving idea | Tagged , , , , , , , ,

A Tribute to Mr. Raymond Crotty

Posted on November 1, 2010 by

A Tribute to Mr. Raymond Crotty 1925-1994 Economics Lecturer Trinity College Dublin, Ireland. Ludwig Von Mises Quote: “Everyone carries a part of society on his shoulders. No one is relieved of his share of responsibility by others and no one … Continue reading →

Posted in "hedge fund on steroids, "middle-class recession"., "The-end-of-democracy", A two-tiered Euro, AAA. An open letter to the Taoiseach, accounting gimmickry, Bailing out the banks | Tagged , , , , , , | 1 Comment

Developers score €200,000 salaries from NAMA

Posted on October 25, 2010 by

Developers score €200,000 salaries from NAMA  Some of the country’s most indebted developers – some of whom now owe the state billions after their debts were taken on by the National Asset Management Agency – have agreed new deals with … Continue reading →

Posted in "middle-class recession"., "The-end-of-democracy", accounting gimmickry, action, Iriah Times, Irish Times.com | Tagged , , , , , , , , , ,

Bank of Ireland and accounting gimmickry

Posted on October 1, 2010 by

Bank of Ireland announced that €2.1bn of formerly NAMA-bound loans would not be going to NAMA. Where are they going, if anywhere? Why are they not going to NAMA? Is this a further contraction in NAMA’s performing loan portfolio (BoI … Continue reading →

Posted in accounting gimmickry, Anglo Irish Bank, Anglo Irish Bank, Bailing out the banks, Bank of Ireland, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , , , , , , , , , , , , | 1 Comment

German war reparations

Posted on September 30, 2010 by

It took Germany 90 years to pay off 25 billion in war reparations for the First World War. The US gulf will need 20$ Billion to clean it up . Ireland is now been saddled with debts of 36.5 billion … Continue reading →

Posted in "The-end-of-democracy", accounting gimmickry, action, Allied Irish Bank, Allied Irish Banks, Anglo Irish Bank, Anglo's restructuring plan, “Derivatives”, Bank of Ireland, Bank of Ireland Share Price, Banking, Brian Clown, Brian Cowen, Brian Lenihian, Budget 2011, Colm Doherty, Dermot Gleeson, Eugene Sheehy, German war reparations, Government-guaranteed for Banks X Bank of Ireland X institutional investors X mortgage | Tagged , , , , , , , , , , , , , , , , , , , , , ,