Eamonn Blaney's Website » eblaney

Another EU Summit, Another EU Failure

eblaney — Tue, 13 Dec 2011 14:57:19 +0000

The recent machinations by the EU to resolve the economic crisis by taking advice from bankers and financiers is akin to holding an AA meeting over a few pints in the local pub and they will have just about as much success. However, it is obvious that the EU politicians, unelected officials and those in the financial services sector are suffering from an addiction. Their addiction to power, control, ego and personal financial gain, has destroyed the lives, hopes and aspirations of tens of millions of people Just like every other addict, the Eurocrats immediately condemn anybody who begins to suggest that it is they who may be a big part of the problem.

What is Really Going on in Europe?

eblaney — Tue, 15 Nov 2011 18:59:53 +0000

So we have reached the point where the Irish government is ineffectual and powerless in relation to the running for what is supposed to be our Democratic Republic of Ireland. What's more, the parliament in the European Union is also powerless and ineffectual in relation to the drama is unfolding in Europe. Make no mistake about it, as we approach the end game of this financial disaster our real masters are those in the financial services industry and their media and political insiders.

The Euro is dead, long live the Euro!

eblaney — Sat, 20 Aug 2011 08:53:34 +0000

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.....

The IMF itself should be on trial

eblaney — Sat, 18 Jun 2011 12:15:35 +0000

This timely article, prompted by the arrest of DSK in New York recently, give the most superb insight to what our new masters have in store for us if Mr.Kenny/Gilmore & noonan continue with the self delusional idea that we are capable of repaying the ECB. This article will give you great insight what will happen when, eventually and after we are totally broke, we refuse to play ball with the IMF. So the fact that Dominique Strauss-Kahn, the former head of the International Monetary Fund (IMF), is facing trial for allegedly raping a maid in a New York hotel room is – rightly – big news. But imagine a prominent figure was charged not with raping a maid, but starving her to death, along with her children, her parents, and thousands of other people. That is what the IMF has done to innocent people in the recent past. That is what it will do again, unless we transform it beyond all recognition. But that is left in the silence.

The Eurozone Heads for Break Up

eblaney — Tue, 14 Jun 2011 15:12:32 +0000

"So given these three options are unlikely, there is really only one other way to restore competitiveness and growth on the periphery: leave the euro, go back to national currencies and achieve a massive nominal and real depreciation. After all, in all those emerging market financial crises that restored growth a move to flexible exchange rates was necessary and unavoidable on top of official liquidity, austerity and reform and, in some cases, debt restructuring and reduction...."

I’ve just had enough and I’m leaving this country

eblaney — Sun, 29 May 2011 13:28:31 +0000

MANY times in my youth, while arguing with my late father Neil T Blaney about ineffectual government, he always maintained, much to my confusion at the time, that every government is truly representative of the society and the electorate which put them there. That being the case, maybe it's time for each of us to take a long, hard look at ourselves and ask what contribution we have made? What will we do differently and what personal commitment will we make towards building Ireland Version 2.0? There is nothing that can overrule the will of the people, if they go to the trouble of making it known. The problem as I see it is that most of the people in this country simply want to leave it to somebody else to solve their problems.

Time to upgrade to Ireland, Version 2.0.

eblaney — Fri, 27 May 2011 15:33:23 +0000

As a nation we need to consider whether or not the Ireland which our forefathers envisaged after independence, has outlived its usefulness. Not long after independence of the 26 counties had been achieved, the enormity of the task of building a Nation from scratch dawned on the then and subsequent governments. Effectively, we had nothing. Nothing perhaps, except the determination to succeed and to build a nation of which all of it people, both at home and abroad, could all be proud. There were many many courageous, dedicated and capable women and men down through the years, who turned what was effectively a bog field, into a modern thriving economy and society.

The Money Merry Go Round

eblaney — Sun, 01 May 2011 12:12:18 +0000

According to the International Monetary Fund’s latest report, practically every developed economy is in debt. So everyone is in debt to someone else which is exactly the way the financial wizards of this world want to keep it. After all, we give them the license to literally print money which they then lend to us …

Bank Debt vs Sovereign Debt: What’s the difference?

eblaney — Wed, 16 Feb 2011 19:23:36 +0000

Kevin O’Rourke, Ronan Lyons, Constantin Gurdgiev & David McWilliams discuss Ireland’s debt. This video gives a really good explanation of why it is so important that we know the difference between them and why they must be separated!

Default, the EU and what’s next

eblaney — Wed, 16 Feb 2011 11:31:31 +0000

In this 4 minute video Prof Kevin O'Rourke & Constantin Gurdgiev explain what happens after we separate what we as a Country owes from the debts of the privately owed Irish banks.