In 2009, UBS paid €600million to the US regulatory authorities following an investigation which showed that the bank ‘may’ have assisted wealthy Americans engage in tax evasion. By admitting that they had, the bank got a financial slap on the wrists and that was all. Before Christmas we learned that the bank had been hit with a Eur1,250million ‘fine’ in order for rigging the LIBOR interest rate over a period of years, in collusion with at least half a dozen other banks. This is the rate which affects how much you repaid on your credit card or loan account. Still, last year they paid out Eur2,800million in bonus’s to their bankster employees. [Read More]
The following post is a letter I have just sent to Minister for Foreign Affairs, Eamon Gilmore (and to all members of An Dail and Seanad Eireann) pleading for real action on the genocide presently taking place in Gaza. To paraphrase the old but accurate quote, evil can only prevail when good people do nothing.
Please please send your own email (or the one pre-written) to all TD’s and Senators and let them know that you are horrified by the continued inaction of government, with just one click, using the link below.
I simply do not believe that Enda Kenny, who has spent the last ten years TOTALLY focused on rebuilding his party and getting it elected to Government can possibly have the mental capacity nor indeed [Read More]
I submitted this article to the Sunday Independent but they couldn’t make space for it. It was written two weeks ago.
The Irish League of Credit Unions recently released their quarterly “What’s Left?” report. It deals with how people throughout the Country are managing financially and the figures up to June are not just frightening they are a damning indictment on the failure of our Government to run OUR Country.
Just to give you an idea of just how bad the Government’s policy of protecting the banks has been for the average adult, nearly one in every two (47%) are late paying at least one bill a month, one in every three adults have between zero and seventy Euros left after paying their bills and a heartbreaking two hundred and eighty thousand people stated that their income does not even cover bills like their mortgage and electricity….. [Read More]