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From: jbyeats
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  • what is the likelyhood of the government having to do a 'smash and grab' on people's savings to try and fix the country's deficit? Can this be done?

  • @astralprojection7

    I can't see that . That would provoke too many passions.

    Things might get out of hand rather quickly.

    Even ' sheeple ' have their limits.

    Thanks. jb.

  • JB, do you think that the corporation tax will be safe in the next budget (November) or will Ireland be pressurised by our EU counterparts to raise it?

  • @Nualaboala

    The days of Ireland's priviledged 12.5% corporation tax are

    truly numbered . Be under NO ILLUSION ABOUT THAT .

    IRELAND IS TOTALLY DEPENDENT UPON THE EUROPEAN

    CENTRAL BANK FOR ITS IMMEDIATE FINANCIAL EXISTENCE .

    THEGERMANS , FRENCH , ITALIANS & UK ARE THE MASTERS

    OF EUROPE AND THEY WANT STANDARDIZED TAX RATES

    THROUGHOUT THE EEC. I WILL GIVE IT 3-5 YEARS.

    Many thanks. jb.

  • This statement in the Irish Independent today was thought provoking.

    'It is hard to overstate the gravity of the situation which now confronts the sovereign Irish state. This isn't as bad as the economic downturns of the 1930s, 1950s and 1980s, it's potentially worse than all three combined.'

    Where is it all leading up to. I wonder.

  • @lanksareit

    Unfortunately so true. Thanks. jb,

  • Good video JB nice to see you back.

  • @emmazedbend

    Appreciate that. Thanks. jb.

  • hi jb well said! we aint seen nothing yet. if we default our creditors default! just seen the english market get shakey on the back of irelands debt news the uk owes unoficially 4 trillon. the whole western system is insolvent and we are all headed for a currency crisis! people need to wake up as this will cause massive suffering. solution= become independant at a micro economic level grow your own food + start coops etc thats what im doing.

  • @petermartinsurfmad

    It is a truly sad state of affairs for our own little country &

    Western Capitalism at large . It is a huge grab by the elites .

    The top 10% own 83 % of the wealth at present.

    They simply want the remaining 17% .

    Your advice regarding food etc is 100% .

    Grow as much yourself as you can .

    Get a couple of chickens  etc. Get involved with your neighbours etc.

    Appreciate the input. Thanks. jb.

  • Welcome back JB, for a while there I thought you'd been bundled out of the country for not 'wearing the green jersey'...

    "We've turned the corner"

    "We are where we are"

    "The cheapest bailout in history"

    "I was not wrong, it was the regulator/reckless banks"

    In approx 3 years residential property will have fallen to 33% of its peak bubble value, emigration is back to 80s levels, and if you won't pay then eff off and emigrate!

    Cheers Fianna Fail, thanks for all the fish...

  • ROI situation top story on the BBC ten o'clock news tonight!

  • Stalling on three bi-elections (one of them up to eighteen months) is, I think, a very serious failure on the part of the Irish government and undemocratic. Reeks. It would not happen in UK.

  • @lanksareit

    The people running our country at present are like cowboys -

    the operate with only the thinnest veneer of legitimacy .

    I don't like the Brits generally - but have to agree on this one.

    It couldn't happen in the UK.

    Thanks. jb.

  • For me it is quite simple. We just default. The German and British banks made a massive miscalculation when the decided to loan money to Ireland.

    The Irish people are not responsible for this miscalculation, and our government is foolish to let them off. The bond holders in Anglo can't believe their luck that the foolish Irish will bankrupt themselves to square them up.

    Iceland defaulted and it has now got lower borrowing rates than Ireland.

  • @Acrobat747 I would love to believe that our government could initiate such a move. However - It will not happen. As you say Iceland did a technical default & we should immediately do the same . Our repayments should be linked directly to an increase in our overall GNP . No increase - no repayments . So its in everyone's interest that our GNP grows. That's too simple for our government . Appreciate the input. Thanks. jb.
  • I also find it strange that Bill Clinton has been visiting the North again just as the muck is hitting the fan in Ireland. And at the same time we have a delegation going to the Vatican. Some people may not connect any dots here and some may?

  • 'Euro is nonsense, Greek bailout illegal' watch this on the RT channel. Some Germans want the little countries like Ireland out of the EU. We are in for some major stormy weather on our little Island and most people really have no idea that what we have seen so far is just the very tip of the iceberg.

  • @MsCread

    Have to agree with your general sentiments.

    This is the beginning of our crisis. Up until now it was all talk.

    The talking is about to finish. Its down to real money now.

    Many thanks. jb.

  • Would you hot tempered Irishmen actually allow the seizure of your assets? I don't think so, but I don't know what it's like there now. You'd think they'd know better than to mess with the fighting Irish by now. Additionally, there seems to be no greater probability to start a war than when people start fighting over money and resources. I would think that any agent of the central banks would have to be bullet-proof. Or would the Irishmen just soak up another pint and shrug it off?

  • @PowerForGood

    The concept of the ' Fighting Irish ' is a total illusion.

    We fight for other nations with calculated savagery & total enthusiasm .

    We fight for our own nation like pussycats -- ( with a few noted exceptions.)

    As a nation - we have little social cohesion . Our whole culture is still

    dominated by the Vatican , English Football , Soap Operas & Alcohol etc.

    Bread & Circuses - GIVE ME ANOTHER PINT ---- WHOSE ASS CAN I LICK

    NEXT ---- Sad but true . Thanks. jb.

  • JB,

    YOU don't owe any German banksters one single penny! More importantly, the unprecedented level of the crime that has been perpetrated against the Irish people--and every other People that has had the misfortune to encounter this new breed of super criminal--requires nothing less than the death penalty, for if these acts of criminals are not crimes against humanity--just as dispicable as the Nazi's in WWII--then there are none. A Just Death to the bankers!

  • @JejuLee

    I DO NOT ADVOCATE VIOLENCE TO SOLVE ANY POLITICAL

    OR ECONOMIC ISSUE .

    I understand your frustration etc - however I believe political

    discussion & education among your contemporaries & friends -

    is a much more effective method to awaken the ' sheeple ' in general

    & make them aware of the crisis we are now facing into. jb.

  • by the way, my intention is not to cause a run on the banks.. I know accounts are guaranteed to a certain extent (100,000)

  • @astralprojection7

    I can't give financial advice to anyone.

    A Central Bank license is required . If I did have a large sum of money -

    WHICH I DO NOT . It would not be all in one place.

    I would break it up . i would buy some gold & silver for a start .

    Both these commodities have gone up considerably in value

    over the last few years. See KITCO for charts.

    I would hold 25% of my money in Swiss Francs ,

    25% Euros , 25% Silver & 25 % Gold. Thanks.jb

  • Hi, I have been following this channel for a few months now, its cards on the table, straight up, no beating around the bush, a breath of fresh air. I am concerned, and I would like an opinion on a certain matter. If you had a close relative who has thier savings currently in An Post, (after transferring them from the bank for fear of a bank collapse etc), how safe are the savings in An Post? or is it as they say, 'systemic', and are as vulnerable in the post office as they would be in the bank

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  • i have 2 ideas to resolve this 1 vote Berty for president 2more sports on tv if you have 200 channels get 400 i stand my ground

  • Good to see you back me old china speaking from the heart

    max

  • @mrh6976

    Appreciate that . Many thanks. jb.

  • welcome home your a breath off fresh air tis great too get out of the egg and talk to the chickens who laid it . i think your right the people that lost the run of them self's .tell you a funny story my father was a fireman he drove a Honda 50 and very proud of it . the last house i worked in the man of the house drove a helicopter ever morning .my father payed every bill that came in the door .im out of work because the guy in the helicopter did not any way you must have a seance of humor

  • @sirhcelah

    Fantastic insight into how the world really works.

    Your father sounds like a really good man - well grounded

    with basic decency. The world is full of classic assholes

    with egos only matched by their own ignorance .

    As you say our present predicament was not caused by members

    of the working or middle classes - but by these elite types.

    WE have now taken over their debt . Many thanks. jb.

  • hmmm You can say what you like about the Americans dumb, overweight, religious etc, but they still have the right to bear arms. Europe however doesn't and the one or two country's that do have the media on their backs. 

  • @CoWalsh04

    Entirely correct. The USA was founded on fine principles.

    The only mainland European nation with similar laws is

    Switzerland. It has the highest number of weapons per capita in the world -

    and also the lowest crime rate .

    Here in Ireland we can't even defend our little nation.

    Many thanks. jb.

  • Missed you! Sorry it is so bad... we are all going to be in the streets soon.

  • @PeakedEarth

    Our press & State controlled media only tell us a tiny amount

    of the real truth. If all of it , were really known - there would indeed be

    serious social unrest.

    The next 6 months or so , will be most revealing.

    Appreciate the support. Thanks. jb.

  • Thanks for the video. Fascinating insight as always !

  • @theywantyoudead

    Appreciate your support. Thanks. jb.

  • @theywantyoudead

    Appreciate that . Thanks. jb.

  • What is your business JB? Why dont you mention it on here I would be happy to support you if you dealt in something I needed.

  • @jaysteinbourg

    I do research for a living .That means libraries & archives .

    Mostly 16 - 17th Century history & art .

    Clients are very thin on the ground in Ireland ---

    as you can imagine.

    Many thanks. jb.

    

  • the economic crisis did not just happen, its a well executed plan, hepled by scum such as 2 former irish attorney generals who work for global bankster gangsters goldman sachs, who got 29 islands of greece just 4 starters, dermot gleeson and peter sutherland, irelands latter day judas, for sale to the highest bidder. irish attorney generals f.f.s. dos'int that tell you what kind of people make up the irish goverment, forget 1916, it looks like 2016 is gonna make that look like childsplay.

  • @irishgeal1

    Appreciate your comments.

    This little economic /political video is the latest in 234 videos I have done .

    Approx 6 or 7 of those videos covered the major role played by

    ' Sir ' Peter Sutherland as ex attorney general of Ireland & present leading

    key ' Bilderberger ' member. This man is truly a major player on the world

    elitist stage. Ex Chairman of BP, Chairman of Goldman Sachs International ,

    CEO of Investment for the Vatican Bank etc.

  • @irishgeal1

    2.

    I agree that this economic crisis did not just ' HAPPEN '

    It was a well structured plan carried out over many years .

    Four men were directly involved in allowing it to take place.

    Bertie ' The Muppet 'Ahern as Taoiseach , Brian Cowen as Finance

    Minister , John Hurley as CEO of our Central Bank & Patrick Neary

    as Financial Regulator . These four men should all be on charges

    relating to criminal conspiracy against the Irish People & criminal

    negligence. Many thanks. jb.

  • @irishgeal1 i agree and can add 2 more names byrne and attorney general mr g what do they all have in common they all attend builderburg meetings nothing in it self until we see the names of the rest of irish who attended Fitzgerald cox mc dowell mc crevey burton how meny times did we see them on rte at lisbon air time to vote yes for the superstate .why there a Fitzgerald just moved into the central bank you only have to look at the honery members of the IIEA a government funded charity

  • What "They" are doing to Ireland "they" are doing to the whole world. "THEY" pay your politicians & others to help set the default up so "THEY" can take. "THEY" also control your media pretty much, and entertainment industry, and they do in most of the world. It's a criminal conspiracy, and what should happen is those involved in it need to be tried for treason & shot, though shot would be to good for them, at least it would end their ugly existence

    Germany just paid off their WWI debt recently

  • @omegahpla The "Big Bad" bankers use banking to steal the world. They pay off officials to help them, so the people have no choice. I'd dearly love to see some heads on pikes & be done with the insane power obsessed pieces of crap.

  • @omegahpla

    You raise some interesting points.

    As this economic crisis deepens it will in turn create serious

    political & social problems . In some countries these

    tensions or contradictions will tear society apart - not just

    literally. We face into extraordinary times.

    These elitists view small states such as Ireland as irrelevant

    playthings - to be used & manipulated as if part of a giant chessboard.

    As a tiny sovereign nation - we can not even adequately defend ourselves .

    Thanks. jb.

  • You're missing the point here completely. You are approachig this from the wrong standpoint I am afraid. Let me explain:

    !st

    None of the money owed actually ever existed. It was created out of thin air. Numbers on a screen backed p by nothing. So you are being charged interest on nothing.

    2nd

    The people of Ireland don't owe a penny to anyone. The corporate backs do and the people are under no obligation to pay losses incurred by privately owned banks

    The money doesn't go to germany, look higher

  • @door32

    I believe I am not missing any point.

    Ist. Ireland is involved in Capitalism. The Capitalist order

    is run by a tiny elite who own the vast majority of the wealth of

    society . In the USA the top 10% own 83% of the total wealth .

    Of that total wealth 11% is paper money - the remaining 89%

    is electronic or digital money . I appreciate that ' de jure '

    none of it really has any value & that it is created by Central Banks

    as ' DEBT ' . However we are in the GAME & that GAME is REAL

  • @door32

    2. If you don't play the game by their rules - then your country

    has a 'Coup' within it or It is invaded by a bigger country etc . etc.

    All this economic stuff is deadly serious .

    You step outside of their game - you better hold on tight to your

    political testicles .

    I would love to think the people of Ireland don't owe any money

    to anyone . Just as I would love to believe - I don't owe a small

    amount to my bank to run my little business .

  • @door32

    3.

    If I try that business personally , I am looking at a large court fine & then prison .

    If my little country wants to go down that route --- It will be looking at

    virtual penury with a possible invasion , coup d'etat or civil war thrown in.

    These elitists are NOT ALTARBOYS --- THEY ARE RUTHLESS IN THE EXTREME .

    The People of Ireland indeed , do not owe anyone a penny .

    Our present government has decided however that we do.

    That is our reality. Many thanks. jb.

  • JB I apologise for coming back to the Germans again,but they have been the pay masters of Europe from the beginning.However,the German people have been too trusting of their banks never mind their politicians.Their banks are stuffed with useless CDO etc from America which had no due diligence other than a Moody'sorS&Ps rating.So guess the banks are stuffed in Germany as well and guess who will be bailing them out?

    Anglos accounts in Austria which are numbered will have been emptied by the elite

  • @justjacqueline2004

    It is a difficult business . The Irish will not be able to make the necessary

    payments to the German Banks . Our economy is truly shot at present.

    Who indeed will bail out the German banks is very uncertain - other

    than the German people themselves .

    Frightening stuff. Many thanks as usual. jb.

  • The numbers are really frightening, good to see you back.

  • @loai050

    Unfortunately they can't be ignored .

    For a small republic of less than 5 million people these are

    truly monumental amounts. With a GDP of 168 Billion & GNP of 134 Billion

    no other nation state in the world would have allowed its top 5 banks to borrow

    three - four times its GNP . It could not have happened .

    ALL OF THE IRISH ECONOMISTS APART FROM A TINY FEW ARE

    A TOTAL DISGRACE & HAVE BROUGHT THEIR WHOLE SO-CALLED

    PROFESSION INTO TOTAL DISREPUTE . Very many thanks. jb.

  • Sorry for all the posts but we will eventually have to turn to IMF/EU fund for a bail out. It is 99% a certainity. and you're right the shite will hit the fan. We will have strikes, civil disobedience and I would even say riots. Irish people are very quite but when the limit of their patience is breached we seem to lose it.

  • Also German banks had no problem throwing money at Irish banks. When we bailout our banks we are bailing out German and other european banks indirectly, so they should not be angry with the irish people.

  • The problems I find with the europeans and us is that we religous enforce every single EU regulation dreamed up by some unelected EU commission,while the europeans tend to blatantly ignore them. These regulations harm samll and medium businesses.

  • @Finnbar01

    Your three comments are all excellent .

    After 400 years of total subservience under the Brits - we have

    carried forward that brown nosing & arse licking attitude .

    The French have the right attitude regards Europe.

    When we bail out our Banks it is in reality the German Banks. 100% Correct.

    Indeed we have a rather unhappy economic future staring us in the face .

    many thanks. jb.

  • 5 billion more counterfeit notes for anglo irish bank today. ha ha ha ha ..hey jb. what u think of the guy ramming the dail with his cement truck today? :)

  • @kingneddy

    AS this crisis deepens all sorts of crazy things will begin to happen.

    This is just the beginning .

    One person who witnessed the whole cement truck affair -

    challenges the notion that the truck rammed the gates .

    She says that the driver simply drove up to the gates & slammed

    on his airbrakes. He was obviously very upset . Look out

    for more of the same. Thanks. jb.

  • germany should f off they wrecked the world 2 times and want us to forget they have a very good economy because of the uk and ireland. no doubt there will by irish debt in uk banks but i would loose up to 50 billion to help ireland would it help if northern ireland was part of the republic

  • @mynoon1999

    Unfortunately we have to deal with things as they are , & not as we wish they

    were. Germany is the master of Europe & will be , for the foreseeable future .

    They love the Paddies - that's why they loaned us all the money .

    They simply want their money back . We are not able to give it back ----

    we squandered it all on property & trivia . Therefore they will hold our

    little country as an economic captive until we do.

    N. Ireland is a basket case economically . Many thanks. jb.

  • Mr Yeats nice to have you back making videos. My son keeps telling me about Europe, bit of a joke really. We don't elect the president and 70% of our law come from Brussels. Our government was in control of our taxes, that's coming to an end, so yes JB I'd imagine they'll come in and have their way with us, but you cant get blood out of a stone.

  • @CoWalsh04

    I have to agree with that . However what they can't get in money - they

    will take in kind. The Germans in particular love Ireland .

    I am convinced our island , will end up as a German adjunct .

    It has everything they love , fresh air, fine water , good food ,

    LOTS OF SPACE ( which they don't have -- almost 100 Million in a smallish

    country ) & empty roads .

    THE EU PARLIAMENT HAS 726 MEMBERS - 12 ARE FROM IRELAND. Appreciate your comments. jb.

  • Jb you have been telling us this all along and now it is coming to pass. The media are waiting and when it kicks off they will change colours overnight.

  • @MrGerryodonothing

    I hate to be the one who seems to harp on & on about Ireland's

    crisis - but the vast majority are all in a state of denial .

    They remind me of drunks staggering around after the party is over ....

    they believe the party is still going on .

    ' THE PARTY IS OVER '

    Appreciate your support . Many thanks. jb.

  • airports are being sold in Greece. The Greek gov is proposing a plan where people's transactions will only be allowed by a new bar code electronic card linked to user profile/database, reduce cash.

  • @CuriousTOknow1

    The Greeks obviously have a huge ' black market ' .

    All governments fear a black market , especially in times of deep economic crisis -

    as they can't tax it . So they have to try by all means to stamp it out.

    As our crisis deepens in Ireland we will see the emergence of our own

    ' black market ' It existed in Ireland in the 1980s on a large scale .

    The IMF & EU mandarins are in Greece raping & pillaging .

    Their next call will be Ireland. Thanks. jb.

  • @jbyeats

    These actions reinforce the black market., as money will go into hiding, as always. They are seeking money(there is not) to pay the interest on the debt, they do not indent to ever pay off. Similar to the Gold tax(over 600$ must be reported) they will track transactions and data, and then invent a law to criminalize. It's just getting out of control.

  • @CuriousTOknow1 This is in action in Spain.All utilities and bill have to be paid like a standing order at 12 noon when the bill comes due,if the money is not there,they turn you off that day.What follows is draconian.

    Obtaining cash in Spain is a nightmare.Even paltry sums are denied as it was in Argentina.

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