Tipp FM Interview Ben Gilroy

Tipp FM who interviewed Ben GilroyAn odd circumstance led to this interview with Ben Gilroy on Tipp FM. The news somehow reached Tipp FM (as well as a few other people we heard from), that the Sheriff who recently evicted Eugene Dooley from his constitutionally protected home, had been arrested! As of Tuesday 21st of November 2017 , we are unaware as to where this news originated, but as far as we are aware, there is no truth to it. Not that we would not like it to be true, and that every Sheriff in the country would be arrested, but Mairead Ahern is still walking free.

That aside, this interview serves as a nice little catch up interview.

The interview with Tipp FM

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Covered during this interview are many of the issues that People For Economic Justice argues against. Ben informs Tipp FM of the illegal action knows as securitization committed by all banks. Securitization is the practice of selling a mortgage on the stock exchange, and usually happened immediately after the mortgage had been agreed. This practice led to the bank bailout, but is often used to the borrowers advantage by Ben Gilroy when he asks receivers and solicitors to see the loan agreements in question. They of course can rarely produce such an agreement, given that they sold them.

Bolstering securitization was the phenomenon of drive-by valuations. As the banks wanted healthy mortgages to sell on the stock exchange, they would often spend little to no time placing a value on a house. Normally they would simply glance at it, come up with the highest six to seven-figure they could, and name it. This led to one interesting circumstance that Ben informed Tipp FM about. A man came to a bank with an agreement to buy a house for €750k. The bank informed him that he originally asked for €850k, and that he must take that, or the agreement was void!

Finally, there is the brain transplants that certain members of Fine Gael seem to have undergone, the day after they came into power. We have all heard, and remember, the famous outcry by Leo Varadkar that “the banks aren’t getting another cent“. We linked to that one as it is so universally known. The video below however is a less well know one. It is the current Finance Minister, while he was Fine Gaels spokesman for finance when they were in opposition, decrying Fianna Fail for paying back bondholders. One aspect we enjoy is the giggling of Brian Hayes and Leo Varadkar during his speech. Do they know that Noonan is simply saying this for effect, and in fact fully intends to uphold the payments? You decide.

Listen to more of Tipp FM’s interviews here.

Could Dr. James Reilly Require our Assistance?

Vin from TNS Radio takes an interesting look at the circumstances currently surrounding the current Minister for Health, Dr. James Reilly. He opens up with a quick recap of Constitution Halts Sheriff. Specifically, Vin shows a recap of the fact that a magistrate will quite often also be the Sheriff who will eventually carry out the (usually unsigned) order. He covers that the constitution clearly states that a man’s home is inviolable, save in accordance with the law. And finally he covers that the State will not interfere with the personal rights of any citizen, in so far as is possible.

Dr. James Reilly and the Impending Sheriff

In The Herald on July 13th 2012, an article regarding the 13 bedroom mansion of Dr. James Reilly may be about to be seized by his county sheriff, in order to satisfy a 1.9 million euro debt currently outstanding. Vin posses the question, is will Dr. James Reilly rely on his constitutional right for his home to be inviolable save in accordance with the law? Will Dr. James Reilly ask perhaps for Ben Gilroy to stand and talk to the Sheriff if he comes to repossess the home?

We would of course like to inform the Minister that if he should choose not to satisfy the debt with his Ministerial wages, that Ben and People For Economic Justice will be only too happy to ensure that he does not face eviction. Such is our commitment to make eviction a dead and forgotten practice on this island. No matter who the person is, no matter how big or small they may be in the political or economic spectrum, no one deserves to have their home taken from them. The office of Sheriff is not provided for in the Irish Constitution. It is a legacy from 1915 and the years previous to it. It must be removed immediately.

Source Of Radio Interview: TNS Radio.

Who Are The Bondholders

Few realise that it was in fact People For Economic Justice who uncovered the full list of bondholders of the now defunct Anglo Irish Bank.

As we are all aware, Fine Gael ran a very successful campaign during the 2011 election. This campaign ran on a platform that marshaled around one convincing and powerful phrase: “Not one more cent!”. This promise was broken in record time upon Fine Gael and Labour taking office, when the Government stated that the repayment of the bondholders was paramount to securing funding from the so-called Troika (meaning Threesome in Russian) of The European Central Bank, The European Union, and The International Monetary Fund.

This out-and-out lie was proven false almost immediately. There were NO provisions what-so-ever in Ireland’s bailout deal, which sets the requirement of the repayment of bondholders. In addition to this revelation, Enda Kenny and his cabinet stated on no uncertain terms, on more than one occasion, that not only were they planning on repaying 36 billion of the Irish taxpayers money to these bondholders, but that they did not even know who these bondholders were!

Without further ado, let People For Economic Justice clear up any confusion the Government may have about who the bondholders are.

The Bondholders

List Of The Bondholders

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