Ben Gilroy Addresses Crowd Outside Savills

Ben Gilroy outside SavillsBen Gilroy and People for Economic Justice addresses the crowd if Irish citizens regarding the current banking crisis. Just across the street is the Freemasons Hall on Molesworth Street and up the street is Buswell’s hotel where many a deal is done. After the speech and delivery of the letter to Savills, Ben and the crowd made our way up to Buswell’s for a coffee and to get out of the rain and ran into Pat Rabbitte.

Ben’s Speech Outside Savills:

As many of you may be aware, Savills are one of the most aggressive receivers in Ireland. In his speech, Ben starts out by explaining to the crowd the crime called “usury”. In the modern sense, this is a result of fractional reserve lending. Under fractional reserve lending, banks do not lend out money. Lending out money would mean when a customer goes into a bank and asks for (purely as an example) €100, the bank manager would go into the banks vault or one of their own accounts, take  €100, and give it to you. In actuality, all the bank does is increase the balance of your account by that amount, while at no point does another account decrease by that same number. The bank is only required to actually possess a fraction of that mount in reserve, hence the name Fractional Reserve Lending.

Following on from this point in his speech, Ben goes on to mention that this practice is aided and abetted by companies like Savills. He asks them are they are that the banks committed fraud, and serious liquidity laws. He asks do they work as receivers for Anglo Irish Bank, one of the most toxic in all of Ireland. They are put on notice that their actions will no longer be blindly tolerated  and they can expect this actions to be fault at every turn from this point forward.

OYM Radio Interview Ben Gilroy

OYM Radio Logo who interviewed Ben Gilroy Today Ben Gilroy joins Open Your Mind Internet Radio. They discuss the upcoming demonstration outside Savills in Dublin, across from the largest Masonic Hall in Ireland. They discuss the ongoing troubles of Seamus Sherlock, who is time of this publication, barricaded into his farm to prevent its being taken from he and his family by receivers. They discuss Ben Gilroy’s recent encounter with Fergus Lowe the receiver.

Ben Gilroy’s Interview With OYM

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

One of the major things to take away from this interview is the actions of Justice Lefoy during the case of Fergus Lowe attempting to act as receiver at Stitch ‘n’ Fix in Navan, the business owned by Gerry Burns. When Gerry quite rightly did not accept the signed court order Mr. Lowe presented him with, under the advise of Ben Gilroy, Mr. Lowe returned to the high court saying that Mr. Burns was in contempt of court. Gerry was of course not in contempt of court as the court order was not signed by the high court judge who issued it. Justice Lefoy decided that Gerry was in contempt of court despite this.

Source: Open Your Mind Internet Radio. Listen to move interviews here.