Fact 2: Allied Irish Bank (AIB) is 99.8% owned by the Irish Taxpayer.
I find it absolutely reprehensible that Enda Kenny would come out with a statement where he has said that he will not intercede on Mortgage holders behalf and instruct AIB to roll back on the Interest rate increase announced last week, Mr Kenny has stated that AIB must return to profitability and in saying this he means that this return to profitability will be at the cost of Irish mortgage holders who are already slipping underwater at an alarming rate.
We now know, for sure, where Mr Kenny’s loyalties rest, he does not care a hoot about struggling mortgage holders, and he is looking after the interests of criminal banks!
Some will say that my use of the word “criminal” is far too strong! Well, let’s look at “Criminality”
Example: PPI (Payment Protection Insurance)
We are now told that thousands of borrowers were miss-sold PPI policies.
Does any free thinking man or woman honestly believe that the Banks did not know that a retired person, an unemployed person, a self-employed person would not be able to make a claim under PPI, they knew well! This was the case and to continue to call it anything other than criminal is delusion!
The person from the Financial Institution who sat across the table from each and every borrower affected and reviewed the loan contract is individually guilty!
This particular example is simply “Racketeering”, Financial Mafioso, with the acquiescence of Financial Regulators and by extension our Government.
We are witnessing social unrest across Europe and the world in relation to catastrophic drops in the quality of life, unemployment, and food prices etc… the basis of all these difficulties is Financial Institutions – The Banks and this is criminal!
So, say you and your wife are in a bar on a Friday night and a thief steals your wife’s purse, gets away but is subsequently caught! That thief will be tried, sentenced and imprisoned (hopefully) and will pay for the crime by forfeiting liberty!
But when it comes to Banking crime, we have bleeding heart, soft handed, in the pocket idiots of Public Representatives like Enda Kenny who are firmly in the corner of big bankers who will call miss-selling of Payment Protection Insurance for example as “inappropriate behaviour” and he will say “they are paying it back”, so it should follow that the ordinary purse thief should not be criminally charged as long as he repays the money stolen!! Does that sound correct!
Miss-selling Payment Protection Insurance was CRIMINAL and should be treated as CRIMINAL, any Bank official who countersigned a PPI Policy should be arrested, handcuffed and brought before the Courts!
AIB is a business; if it is not viable let it fail! Where is it written that AIB cannot fail, remember who the people are who are telling us that AIB cannot fail, the bankers themselves, useless financial regulators and the Enda Kenny’s of this world who have proven which side of the fence they are on.
Banks are not on your side! Government is not on your side! It’s only YOU! & possibly your fellow citizens/ borrowers and your only chance against these “THIEVES” is to organise and fight!
So, it is worth mentioning some of the big four Accounting firms, the Ernst & Young’s, the PriceWaterHouse, the KPMG’s, remember these are the twits who prepared the books of the failed banks, the accounting firms who didn’t stand up and shout stop when they saw the fraud being perpetrated in our banks, and they are still to this day revered!
Look at C.I.E who is blatantly refusing to publish 2011 accounts! C.I.E is not viable, its accounts will show this yet they will brazen up to the common man and give him the two fingers while the bosses continue to take obscene salaries!
Government, Banks, Accounting Firms and the entire Financial Industry is rotten to the core, do not believe ANYTHING they say, examine everything, Question everything and above all do not trust them at all. Seek alternatives, do not settle for second best, strife for honest government and use Credit Unions when you can, I am not endorsing credit Unions but they are the lesser of the evils.
Most of all remember, ENDA KENNEY, EAMON GILMORE, BRIAN COWAN, BERTIE AHERN, PAT RABITTE, AND ALL THE REST OF THE ELITE LEADERS/REPRESENTATIVES OF OUR SOVEREIGN, DEMOCRATIC REPUBLIC ARE ONLY CONCERNED WITH ENRICHING THEMSELVES AND THEIR FRIENDS, THEY DO NOT CARE FOR THE COMMON MAN/WOMAN/CHILD.
THIS IS PROVEN TIME AND TIME AGAIN, SCANDAL AFTER SCANDAL, LIE AFTER LIE, AND FRAUD AFTER FRAUD.
REMEMBER BURKE, LOWERY, ODONOGHUE AND ALL THE REST I HAVE FAILED TO MENTION WHO HAVE BEEN REMOVED FROM PUBLIC LIFE FOR NEFERIOUS ACTIVITIES, ONLY TO RETURN BACK AT SOME STAGE THROUGH A BACK DOOR OR WITH THE HELP OF MISGUIDED VOTERS.