Eamonn Blaney's Website » Government Policy

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 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.

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 …

Political consensus behind disastrous decision Kenny, Cowen & Gilmore

eblaney — Mon, 14 Feb 2011 14:32:51 +0000

The bank guarantee represented the most spectacular single transfer of wealth ever in the history of this country, from society at large to a financial elite. The elite being depositors of more than €100,000 (depositors up to €100,000 had been guaranteed previously) and bondholders who had lent money to the banks. Even if the banks had not collapsed subsequently, it was still a huge transfer of wealth because of the insurance it gave the big depositors and bondholders.

Web designer refuses to cringe in the face of adversity – Irish Times

eblaney — Mon, 06 Dec 2010 14:01:05 +0000

IT WOULD be a shame to waste a strong iconoclastic streak, wouldn’t it? Eamonn Blaney uses his to excellent effect; badgering, doorstepping, blathering full belt to whoever will listen to get where he needs to go with his new venture – Cringefactor.com. A few years ago the Howth native left, rather than waiting to get pushed from, his €110,000 a year job. He decided to upskill and headed into Trinity College Dublin to do a masters in business administration. Blaney spent €25,000 of his own funds, got his masters degree and re-entered a working world of . . . very little – no head honcho job, few prospects of one and faltering hope in a radically different work environment to the one he had previously inhabited.

TD’s had better think before voting.

eblaney — Mon, 06 Dec 2010 12:25:28 +0000

As we get closer to the financial and social endgame resulting from Fianna Fail and the Greens governance are country, their incompetence and lies are laid bare for all to see. Those of us who were advised to go and commit suicide by the then leader Mr. Bertie Ahern and didn't, can see their very worst nightmares coming to fruition. We knew it was going to be bad but we could never have conceived just how bad it has become. And this is really just the start. In a speech in 2007 Mr. Ahern promised that in a fall would reduce the gap between what we spent and what we took in taxes than revenues. He lied. Mr. Cowen, who was then the finance minister, simply went along with what ever he was advised to do by those total incompetents in the Department of Finance. The big accountancy and legal firms operating in Dublin who oversaw audits of the major banks and financial institutions, and charged millions for it, reported that everything was okay, these companies also lied. Full article on www.EamonnBlaney.com

Irelands Economic Crisis Explained, By Robots !

eblaney — Fri, 26 Nov 2010 23:43:40 +0000

The Irish story began with a genuine economic miracle. But eventually this gave way to a speculative frenzy driven by runaway banks and real estate developers, all in a cosy relationship with leading politicians. The frenzy was financed with huge borrowing on the part of Irish banks, largely from banks in other European nations. Then the bubble burst, and those banks faced huge losses. You might have expected those who lent money to the banks to share in the losses. After all, they were consenting adults, and if they failed to understand the risks they were taking that was nobody’s fault but their own. But, no, the Irish government stepped in to guarantee the banks’ debt, turning private losses into public obligations.