Tag Archives: david mcwilliams

Was the protection of Ireland’s oligarchs the cause of its financial disaster? (PoliticalWorld.org)


Did JP McManus, other Irish oligarchs, influence 2008 blanket guarantee decision? By “Bokonon” @ PoliticalWorld.org The Irish Central Bank’s independent report into the banking guarantee excoriated the government’s inclusion of Anglo Irish Bank and existing/subordinated bondholders in the blanket guarantee … Continue reading

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“We can’t return to business as usual” (David McWilliams)


From David McWilliams – After this crisis, nothing will be the same again: If history is any guide, the end of this debt crisis globally will lead to the rightful humiliation of the interests of the banking system. We need … Continue reading

Posted in Accountability, Bankers' Bailout, Civil Disobedience, Debt Default/Restructuring, ECB/IMF, Economy, Geopolitics, History, Ideology, imperial, Independence/Nationalism, ireland, Solutions | Tagged , , , , | Leave a comment

David McWilliams: “a central problem at the heart of the euro… These guys are there to represent the banking industry, not the people.”


From David McWilliams – EU now being threatened by its own central bank: Those who, during the boom, pointed out that there was a central problem at the heart of the euro were dismissed as cranks. Now there appears to … Continue reading

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David McWilliams: ECB Emperor Has No Clothes


From Celebrity/Veracity Economist David McWilliams – We need to show ECB it’s not the only show in town: Today, small countries like Ireland could take a leaf out of the book of the old city-states. Instead of committing ourselves totally … Continue reading

Posted in Bankers' Bailout, Debt Default/Restructuring, Debt for Equity, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, Housing Bubble, Independence/Nationalism, ireland, Solutions | Tagged , , , , , , | Leave a comment

David Malone: Kasino Irland – Irish regulator had teeth “removed along with his balls a long time ago”


From David Malone, author of The Debt Generation – Ireland was Germany’s off-shore tart: The best way to think of Ireland is as German’s off-shore tax haven banking centre with one significant feature – it was within the Euro zone.  Every country … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, ECB/IMF, Economy, Elections, EU, Geopolitics, Housing Bubble, ireland | Tagged , , , , , , , , , | 1 Comment

Debt for Equity – Debt for Equity – Debt for Equity


Nouriel Roubini (formerly with the International Monetary Fund (IMF), the US Federal Reserve, current professor of economics at New York University’s Stern School of Business and chairman of Roubini Global Economics): The fundamental problems of the periphery will not be … Continue reading

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David McWilliams: DEFAULT


From himself – Default is Only Game in Town: The subway was cleaned up, not by some swashbuckling free-marketer, but by diligent public officials. It proves that ideology is not the only catalyst to change. Change comes because people want … Continue reading

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David McWilliams: “We are the most indebted nation in Europe”


From David McWilliams – We’re broke but still buying rounds that we can’t afford: By pretending that we can afford the bailout, Ireland is now behaving like the poor guy at the bar, digging deep for the last few cents … Continue reading

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Election Update (01 March, 11:15am)


Sunday Business Post / Tom McGurk – What a time to win a general election!: One would have to go back to the destruction by Sinn Féin of John Redmond’s old Nationalist party in the famous 1918 general election to … Continue reading

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Energy: Oil, Agriculture, Food, Commodities & Cost of Living


The Independent (UK) – The price of food is at the heart of this wave of revolutions: No one saw the uprisings coming, but their deeper cause isn’t hard to fathom BBC / David McWilliams – Interview on: the economic … Continue reading

Posted in Agriculture, Budget, Economy, Energy / Natural Resources, Geopolitics, ireland, Marine & Fisheries | Tagged , , , , , | 2 Comments

David McWilliams: “it’s survival” at stake


From David McWilliams – Bit of something is better than all of nothing for ECB: The way things are going, by the end of next year, the interest payment on our total debts — just the interest payments — might … Continue reading

Posted in Accountability, Bank Run, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, Elections, Euro / Sovereign Money, Ideology, ireland, Leo Varadkar versus the World, Solutions | Tagged , | Leave a comment

Adams, McWilliams, call for referendum on asset-stripping country


David McWilliams – Before we sell the country, We should ask The People: So let’s get things straight: the Irish citizen is being asked to take on the debts of the European banks and pay for this by selling our … Continue reading

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Where are the Lisbon Jobs Now? EU/ECB Epic Fail!


Lisbon and EU/IMF two bad deals for Ireland – McDonald: Sinn Féin’s Mary Lou McDonald has said the EU’s encroachment on Ireland’s sovereignty is the inevitable result of bad deals negotiated by this Government and supported by Fine Gael and … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, Elections, Emigration, EU, Euro / Sovereign Money, Ideology, ireland, Superstate | Tagged , , , , , , , | 3 Comments

The Peoples Economy: Open Webinars


Via David McWilliams – The Peoples Economy free webinars “will take place every morning at 10am between Monday 14th February and Thursday 24th February”: The People’s Economy offers free economic advice to all candidates running for election.

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More Bread, Less Circus, please


David McWilliams – Forget the TV sideshow, we must focus on Europe: “IT is quite surreal to see the opening days of the campaign have been dominated by arguments about whether party leaders will appear on TV programmes. This doesn’t … Continue reading

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“But… nobody could have seen this coming…”


Answer (1): Mr. McWilliams – October 2003 Answer (2): An Phoblacht – ECONOMIC CRISIS: As far back as 2006, Sinn Féin was pointing out the structural problems in the Irish public finances; WHO WILL YOU BELIEVE NOW?

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David McWilliams: “If I lent to a bad supplier, would you pay for my stupidity?”


From David Mc Williams, chatting with an Austrian business man – Citizens Must Fight Rise of European Bankocracy: When asked about the euro, he replied that it was and still is a bad idea, because of cultural differences, which he … Continue reading

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David McWilliams: Ireland should ‘Play ECB Card’


From David McWilliams – Time To Play ECB Card: Burden sharing doesn’t go far enough… The bank debt has nothing to do with us. We are already paying in negative equity, unemployment, higher taxes, lower services and emigration for our … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, ireland, Leo Varadkar versus the World, Solutions | Tagged , | Leave a comment

David McWilliams: Sunk, Hanged, Bust – Government negotiated against us


Via NewsWhip.ie – David McWilliams writes in the Irish Independent – Bailout will sink Ireland before we can even swim: Foreign banks and creditors should lose everything they gambled on the likes of Anglo, but instead, they have been saved … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, ireland, Leo Varadkar versus the World | Tagged | Leave a comment