14 thoughts on “Bord Gais one of Ireland’s most profitable state assets is to be sold for pennies on the dollar.

  1. Tom-Tom

    It’s the FREE MARKET (pbuh). Don’t you know it’s gonna be BETTER. It’s the FREE MARKET. Privatize EVERYTHING and it’ll be BETTER. Privatize those Irish gaols, too. We don’t want no stinking government. If we end up SLAVES it’s OK because the FREE MARKET (pbuh) must have meant that we all be SLAVES.

  2. MirrorMirror

    Any German Speaking Irish people around ?

    Excellent 1 Page explanation in German :

    The Google translation is not the best , but the German explains in a very clear way how the Banksters & Govt. are organizing the raid on the people :

    How the scheme of raiding in the Euro system works

    A (Germany) is a credit to B (Greece), so that B continues to pay XY (the banks) can. Thus B must get these new debt from A, it must be in the amount of property to pay XY.

    Nine of Daniel | September 30, 2012

    A (Germany) is a credit to B (Greece), so that B continues to pay XY (the banks) can. Thus B must get these new debt from A, it must be in the amount of property to pay XY. B instead of helping, then, it has made through its A credit to his debtor whose debts have increased and contributed to the plundering by XY.

    The money’s gone from A, at XY. At the same time now connects A and XY a common interest: both are creditors of B and want B continue to be paid to them.

    If one morning tell the Germans by the authorities that hundreds of billions of units of the (international relatively overvalued) currency that use them and the state, would be passed on to those who have the monopoly invent this money themselves but do not do it, but same elementary that people rely on them they invented currency units continue to work throughout their lives, the process following simple formula would correspond to:

    A is robbed by XY.


    https://www.radio-utopie.de/2012/09/30/wie-die-systematik-des-raubzugs-im-euro-system-funktioniert/

    BTW … Google Translation refuses to translate the whole page via the actual link …. unusual , although I have experienced this before.
    Censur ?

  3. eileen dublin

    you can be guaranted that the needs of ordinary citizens, whatever their nationality, are to be put aside in favor of banksters.

  4. MEJ

    Latin America in the 1970s was a rehearsal for Russia. Russia in the 1990s was a rehearsal for this time. I give it 5 years before somebody rises to the leadership of Ireland and nationalizes all the assets that have been sold off. Whoever it is will be hailed as the savior of Ireland.

  5. Flopot

    Same old neoliberal scam. This was always the end game – get the government to sell off state assets on the cheap to the cartels and under the ideology of the “free market”. Which is about as free as having a gun to your head. Like a bad joke the punch line was predictable and groan inducing.

  6. Flopot

    The EU is a neoliberal cesspit…

    “What the mainstream analysis (valuable as it can sometimes be) misses is the instrumentality of the seemingly unsustainable approach to the European debt crisis. It is instrumental, first, because in ‘shock doctrine’ style, it allows sectors of economies to be cracked open to commercial exploitation (especially through privatisation), controls and regulations on business loosened or abolished, and social protections dismantled. We see a version of that looming in Ireland when Bertie Ahern sits on the board of an international forestry fund that looks set to buy Coillte land on its privatisation (a privatisation recommended by Colm McCarthy’s ‘Bord Snip Nua’). And we see it at the wider European level with the EU Commission using the excuse of the crisis to lock neoliberalism even more deeply into the EU economic governance rules through new and/or harsher surveillance and punishment powers over national governments and budgets.”

    http://politico.ie/index.php?option=com_content&view=article&id=7148:they-make-a-desert-and-they-call-it-peace&catid=263:crisisjam&Itemid=1066

  7. Vulcan

    This was always the plan.
    Part 1: ECB and elite force Ireland to take losses of private banks which amounted to 40% GDP world record. Cannot be paid back either in theory or in practice but deluded moronic leaders think otherwise and tax the new serfs into depression
    Part. 2 : Investment Banks etc take hold of Physical assets at a knock down price and gut the country.
    Part 3: Once all assets have been taken the elite will now consider a bank debt restructure. The moronic government will then take credit for the debt restructuring.
    Cost : Loss of sovereignty, public assets, middle class and young people. In short a lost decade. The sad thing is, even into year 4 the majority have not yet joined the dots.

  8. Alastair Carnegie

    http://www.youtube.com/watch?v=jU8bFj18xsI
    Back in the early 1990′s our company was selling off these machines for £25 quid each, Almost brand new ‘Electric Paper Stack Cutters’.
    The f#cking morons at B.C.C.I had no idea that the Royal Military Police collected all the shredded paper, put it though a scanner and reassembles every shredded document!

    Tough luck suckers!…The R,M.P. know where you all live! AND WHAT YOU WROTE! Bring on chaos!…be our guest! see you at the Military Court!

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