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Archive for October, 2010

The Useful Idiot’s Useful Idiot

Posted in Idle Thoughts on Oct 25th, 2010 No Comments »

‘Let’s face the fear and do it anyway’.
Brendan O’Connor: Sunday Independent: 24 October 2010

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CHARLES HAUGHEY: THE IFSC FIXER

Posted in portraits, Irish Society on Oct 24th, 2010 No Comments »

They committed adultery with their idols; they even sacrificed their children, whom they bore to me, as food for them.” (Ezekiel 23:37)

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DERMOT DESMOND: THE IFSC INNOVATOR

Posted in portraits, Bankrupt ireland, Irish Society, Irish Economy on Oct 23rd, 2010 1 Comment »


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TONY O´REILLY: THE POPE OF TALBOT STREET

Posted in portraits, Irish journalism on Oct 23rd, 2010 No Comments »


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People Vs Banks

Posted in Bastards, Banks on Oct 23rd, 2010 3 Comments »

As Des Derwin noted in this comment on ILR, the list of guests on Morning Ireland yesterday was representative of the crisis at it is now being presented. The ERSI report released that morning was the focus point as it contradicted the argument that formed the basis of the talks in Government Buildings on Wednesday. […]

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DOLE TV - PROGRAMME FIVE

Posted in Irish Society on Oct 22nd, 2010 No Comments »

Dole TV - Program 5 from DCTV on Vimeo.

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WHERE CAN I FIND THE MORGAN STANLEY 1994 ‘TIGER BY THE TAIL’ NEWSLETTER?

Posted in Banks on Oct 22nd, 2010 3 Comments »

Does anyone know where I could get a copy of the 1994 newsletter from Morgan Stanley that first used the phrase ‘Celtic Tiger’ by any chance? I’ve spent the last couple of days on the web trying to find it but no joy at all. The newspaper reports at the time all talk about it […]

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FIANNA FÁIL’S TAX RELIEF SCHEMES HELPED CONSTRUCT THE GHOST ESTATES.

Posted in Bankrupt ireland, Irish property bubble, Fianna Fáil on Oct 22nd, 2010 No Comments »

I was just about to head off to bed when I read this on the Irish Times website: Minister rejects claim tax breaks fuelled over 2,800 ‘ghost estates’.
THE GOVERNMENT has rejected suggestions that tax breaks which encouraged residential development during the boom years fuelled the construction of more than 2,800 so-called “ghost estates”.
Minister of State […]

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CHARLIE MCCREEVY’S GHOST ESTATES: A TRIBUTE

Posted in portraits, Bankrupt ireland, Irish property bubble, Fianna Fáil on Oct 22nd, 2010 No Comments »

For Charlie McCreevy’s role in all of this, have a read of this post we published back in 2007.
Photos taken from ghostestates.com. Music by Blur.
From Austin Hughes, October 2007:
…the proportion of unoccupied dwellings here is slightly below the EU average. A surge in spending power that made ownership of holiday homes and accommodation for children […]

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NEGATIVE EQUITY, AN UPDATE

Posted in Bankrupt ireland, Irish property bubble on Oct 21st, 2010 No Comments »

I covered this yesterday, but new figures were released today.
From the Irish Independent:
THE average price of a house dipped below €200,000 for the first time since 2002, new figures reveal.
A buyer of a house can now expect to pay €190,698, a national house price level not seen for eight years.
House prices peaked at €311,000 three […]

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