MULTI NATIONAL SCAM.

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Uploaded by on Jul 2, 2010

TODAY IN IRELAND - WE HAVE ONE OF THE LOWEST RATES OF CORPORATION TAX IN THE WORLD . 12.5% .
THIS IS SPECIFICALLY AIMED AT FOREIGN MULTI NATIONALS -
IN PARTICULAR USA COMPANIES .

THIS YEAR 2010 --- THESE FOREIGN
MULTI NATIONALS WILL RECLAIM 34 BILLION EUROS IN PROFITS .
THEY EMPLOY 131,200 PEOPLE OR 9.5% OF THE TOTAL IRISH WORKFORCE IN ORDER TO PRODUCE THESE PROFITS .
THE AVERAGE WAGE PAID TO EACH MULTI NATIONAL WORKER
IS IN THE 40,000 EUROS P.A. RANGE - BY ANY STANDARDS
A SUBSTANTIAL AMOUNT . THAT IS UNTIL ONE CONSIDERS THE
AVERAGE PROFIT EARNED PER MULTI NATIONAL WORKER .
259,1466 EUROS EACH. YES --- THAT'S CORRECT ---
OVER ONE QUARTER OF A MILLION EUROS NET PROFIT EACH .

THESE PROFITS WILL NOT IN THE MAIN GO BACK
TO ANY OF THE PARENT COMPANIES INVOLVED . THE VAST BULK
OF THIS 34 BILLION WILL FIND A HOME IN TAX SHELTERS AROUND
THE GLOBE.


WE HAVE ALREADY DISCUSSED AT LENGTH HOW THE TOP 10%
OF THE ELITE OF THE WORLD OWN 83% OF THE WORLD'S WEALTH.
WHEN WE LOOK AT THESE FIGURES WE CAN SEE HOW THIS IS
POSSIBLE.

THESE MULTINATIONAL COMPANIES ARE ONLY HERE IN IRELAND
BECAUSE OF THE LOW RATE OF CORPORATION TAX & THE FACT THAT THERE IS ALSO A LARGE FINANCIAL SERVICES CENTRE IN DUBLIN
WHICH FACILITATES THE MOVEMENT OF LARGE SUMS TO OFFSHORE
TAX HAVENS .

SHOULD A POLITICAL SITUATION ARISE WHERE THIS MONEY
LAUNDERING PROCESS IS TACKLED BY EITHER THE US GOVERNMENT
OR EUROPE - THEN THE FALLOUT FOR IRELAND WILL BE DISASTROUS .

THESE COMPANIES WILL JUMP SHIP LIKE PROVERBIAL RATS &
THE VACUUM THEY CREATE , WILL LEAVE A 20% HOLE IN OUR GDP .
NO AMOUNT OF ' CUTE WHORISM ' --- ' CRONYISM ' --- OR
' SMART ARSE REMARKS ' WILL SORT THAT ONE OUT. ------------------------------------------------------------------------------

IRISH CENTRAL STATISTICS OFFICE : www.cso.ie

European Industrial relationships : http://www.eurofound.europa.eu/eiro/studies/tn0904049s/ie0904049q.htm

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Uploader Comments (jbyeats)

  • The article by Dan White is online - Go to herald dot ie  - search for 'Dan White' - then click on any of his articles and the 'recession' article comes up in the box on the left - that's the only way I could find it - cannot post link here though.

  • @TheCelticMaverick

    Many thanks for that info. I tried to get it on Thursday night but perhaps

    it wasn't posted until Friday. Did notice that about comments etc.

    You tube - won't accept email addresses or some links.

    Will see if I can put it up now. Thanks again. jb.

  • Great video. Intelligent questions open the door to intelligent answers. :-)

  • @nameofthepen

    Thanks for your support. jb.

  • You're also dishonest with your figures, using 2000 as a basis for your arguement is absolutely deceptive. How can you use 2000 employment figure with 2010 (?) profit figures? Also are you only stating USA multi-nationals or multi-nationals from all over the world that are here? BTW, you're 'anger' is phoney. You are generating feelings that you don't have.

    Let's go with your 2000 year.

    34,000,000,000 (billion)

    3,400,000,000 (one tenth of that)

    131,200 * 40,000 = 5,248,000,000

    FAIL!

  • @Finnbar01

    No 3.

    Every year , the large multi nationals repatriate around 34 Billion

    Euros out of Ireland - and I am expected to believe that this is all above board

    & for the advantage of Ireland & her people. Somehow I think not -

    How is it that Ireland is now the most indebted nation in the world ? - I have covered this in many videos - if you care to look.

    Multinationals or no multinationals - Ireland is run by a petty criminal class & is up to its neck in S**T. Thanks. jb.

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All Comments (53)

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  • I don't like this video as it uses ancient data ,assumes an understanding of multinationals and their agenda . For semiconductor production Ireland is a very good location for manufacturing as it has low teutonic plate movement ,good water supply and great location for exporting also at the time there was a lot of young engineering graduates for the workforce .34 billion sounds like a very OTT figure to me also take profit figures with a grain of salt .

  • Fantastic video with some very startling thoughts!!!!! Your best video yet, in my opinion! :)

  • @jbyeats

    No 2.

    The last four leaders of our country CJ Haughey , A REYNOLDS , B AHERN & now

    B COWAN all have major questions to answer vis a vis their handling of our national

    affairs. In any normal society the first three would have faced very serious criminal charges & be jailed . COWAN has much to hide - including his relationship with

    SEAN FITZPATRICK of ANGLO IRISH BANK . ( This Bank will cost the Irish people

    between 30-40 Billion .)

    Contd--- No 3

  • @jbyeats I agree that the country is a joke and run by incompotents and criminals. That's my view for years and when I expressed those views in the past, I was usually laughed at. Not now though. I would've liked to see the companies and banks that went bankrupt during the crisis to hit the wall but the criminals wouldn't allow it. My point is this, if you make an arguement you need the correct figures to back it up. Otherwise people will think your bluffing and won't listen to your message.

  • @Finnbar01

    We had 400 years of direct imperial subjugation - now it is indirect

    subjugation by corporations & multinationals . When are we going to be

    able to stand as a small independent nation ' in our own right '

    We are a complete joke as a country. We are governed by total

    incompetents & criminals who pose as ' the caring fathers ' of our nation - when in fact they are no more than criminals.

    Contd --NO 2

  • @Finnbar01

    No 2.

    My figure of 131,200 comes the ( europa - website ) and relates

    to the year 2,000. Please let me know your actual figure & the source

    & then we can work out the real profit per worker.

    Thanks. jb.

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