Title: Jim Corr : Message to the people of Ireland Source:
[None] URL Source:[None] Published:Nov 30, 2010 Author:Jim Corr Post Date:2010-11-30 12:23:20 by Itistoolate Keywords:None Views:193 Comments:17
I ask YOU: do YOU understand the interest of and about money? It isn't a grab bag of people's interests to begin with. The foundation is wealth and "money" is just one aspect of it all.
Ireland's bankers created this problem with easy credit for ten years after endorsing the Euro. That easy credit created all sorts of BOOM in real estate around Eire; a large part was based on tourism.
With the world depression taking a high toll on Irish tourism and technical industry, the banks went bust. The Irish government is attempting to step in to ensure (at least some continuing cash flow) to avert the whole system going belley-up.
Jim Corr is attempting to nationalize just about everything in Ireland. It won't happen, either.
It's not about the personal debt, it's about forcing people to pay for banksters losing money through speculation. But even with personal debt, there was an element of duress - does a young couple buy an overpriced house today, or an even more overpriced one tomorrow? True, people built large houses during the Celtic Tiger years, but you only need to see how overpriced even modest bungalows were.
The boomer generation stripmined the wealth of their homes to buy all kinds of shiny things, and then new buyers did the same, creating a housing bubble. Then when it popped, the banks GOT IT ALL.
It was by design. Everything is by design, and the center of this destruction of wealth, is the Rothschild family.
The boomer generation stripmined the wealth of their homes to buy all kinds of shiny things, and then new buyers did the same, creating a housing bubble. Then when it popped, the banks GOT IT ALL.
It was by design. Everything is by design, and the center of this destruction of wealth, is the Rothschild family.
I work for my father in the family joinery business, we've seen it time and time again where we've done work for people with expensive cars in their driveways.. but by the time comes to pay for the staircase - one of the last jobs in completing a house, the money was running relatively low, so we would usually have to wait a bit to get it. So, presumabley, they were using their mortage loans to buy cars and other non-home related items. Madness.