Bailout by IMF (Republic of Ireland)

January 29, 2011

Bailout by IMF (Republic of Ireland)

By William Finnerty

It is understood that IMF officials have recently visited Dublin for the purpose of very closely observing the present general situation there in connection the 85 billion Euros rescue package which was agreed in December 2010, and it appears that this "interim review" will include a report on progress which takes in-depth and detailed account of such things as "benchmarks'' and "slippage''.

::::::::

So, representatives of the IMF have recently been back in the Republic of Ireland acting again like "super inspectors" of some kind over us.

Why have they not "super inspected" themselves, and the bankers who are responsible for their self-inflicted "mountain" of gambling debts around the world?

Had the IMF done so, the enormous gambling debts of the bankers would never have come into existence in the first place, would they?

The more I learn about this whole overall situation, the more I'm inclined to believe that the "bankers gambling debts" may have been very cunningly contrived: in the firm belief that several governments -- including the Government (Executive, Legislative, and Judicial) of the Republic of Ireland -- could easily be tricked, bullied, bribed, (or whatever) into borrowing the vast sums of money needed to pay off "their part" of the massive gambling debts in question.

Once the global financial "crisis" was created, the IMF and their accomplices were then ready, and extremely well placed (it would seem?), to provide a "solution" to the extremely large problem: by producing and providing all the money that would be needed to pay off the gambling debts in question. Apparently, and amazingly, the IMF can produce such money from nowhere, out of nothing: by simply using the centuries old scam known as "fractional reserve lending", which has by now (it appears) been perfected by the Bank of England, and the dozens of other privately owned "Central Banks" modelled on the Bank of England since 1694. And, this "computer keystroke money" which they (and ONLY they just now it seems) can create "out of thin air", can then easily be further processed by the IMF in a manner whereby it magically transforms itself into "debt" that becomes 100% real, in terms of repayment through "real work", "real goods", and "real natural resources" (such as oil and gas for example): the instant the governments sign the necessary legal papers (produced by the IMF) for the acceptance of the particular type of "money" that the IMF (and their close associates) can thus produce at the present time.

Then, and to add insult to the "debt" injury, it would seem that the IMF (and their close associates) can, and do, demand interest charges on this "thin-air, "computer-keyboard" money which they manufacture out of nothing and "lend" to governments all over the world. Normally, it is the taxpayer who gets saddled with the repayment of these interest charges apparently: and again this is achieved via the legal arrangements the IMF make with the grossly corrupt and/or stupid government they have successfully conned, bribed, bullied, blackmailed, or whatever.

"The IMF and World Bank are themselves without any real external oversight. They are virtually impenetrable by the legislatures of their member governments. Labyrinthine bureaucracies, coupled with immunities from national and international laws, have become, for them, impunity."

The excerpt just above (written by Bea Edwards) has been copied from: http://www.poconorecord.com/apps/pbcs.dll/article?AID=/20090608/NEWS04/906080302

And, all of the time that the above-mentioned trickery and fraud is taking place, there is nothing whatsoever (that I know of) to prevent the governments in question, including the Government of the Republic of Ireland (Executive, Legislative, and Judicial), from providing themselves with their own completely debt-free and interest-free money: which they need for their own responsible and necessary social, health-care, infrastructure, trading, commercial, and various other legitimate and legal purposes; and, which would not -- one would hope -- include vast sums (i.e. dozens of trillions of Euros) to feed the global gambling habits of their bankers.

This Diary Entry is largely based on a "comment" at the following Indymedia (Ireland) location:
http://www.indymedia.ie/article/98259#comment277338

=============================

Impunity ...

For some general information on "impunity" concerns relating to The Republic of Ireland: please click here.

=============================

"The Constitution has been hijacked ..."

On May 9th 2008, a registered letter expressing deep concerns relating to the way that Republic of Ireland judges appeared to be supporting unconstitutional legislation (and activities) was sent to Prime Minister Brian Cowan TD (Republic of Ireland).

A copy of the text of the registered letter in question, which was in reality a printed version of an e-mail sent primarily to Prime Minister Cowan earlier in the day (and which included a number of other senior politicians and lawyers in the recipient lists), together with scanned copies of the associated Post Office receipts, can be viewed at the following www location:
http://www.humanrightsireland.com/PrimeMinisterCowen/9May2008/Email.htm

To date, and despite a number of reminders, I have never received any reply from Prime Minister Cowan TD to the registered letter referred to at the www address just above: not even an acknowledgement of receipt.

=============================

Article 34.5. of the Constitution of the Republic of Ireland:

1° Every person appointed a judge under this Constitution shall make and subscribe the following declaration:

"In the presence of Almighty God I, (Name of Judge), do solemnly and sincerely promise and declare that I will duly and faithfully and to the best of my knowledge and power execute the office of Chief Justice (or as the case may be) without fear or favour, affection or ill-will towards any man, and that I will uphold the Constitution and the laws. May God direct and sustain me."

2° This declaration shall be made and subscribed by the Chief Justice in the presence of the President, and by each of the other judges of the Supreme Court, the judges of the High Court and the judges of every other Court in the presence of the Chief Justice or the senior available judge of the Supreme Court in open court.

3° The declaration shall be made and subscribed by every judge before entering upon his duties as such judge, and in any case not later than ten days after the date of his appointment or such later date as may be determined by the President.

4° Any judge who declines or neglects to make such declaration as aforesaid shall be deemed to have vacated his office.

=============================

A list of other closely related Open News Diary Entries by William Finnerty can be viewed at www location:
http://www.opednews.com/author/diary/author46094.html

=============================

The above text has been copied from the following Open News www location:
http://www.opednews.com/Diary/Bailout-by-IMF-Republic-o-by-William-Finnerty-110129-207.html

=============================

For future reference purposes a "rich text" copy (which included a number of related Internet "hyperlinks") of this Open News Diary Entry was sent by e-mail on January 29th 2011 to (among others) a multinational selection of senior politicians, lawyers and economists: which included Republic of Ireland High Court President Justice Nicholas Kearns, UK Prime Minister David Cameron, President of the European Council Herman Van Rompuy, and United States of America President Barack Obama. A copy of the e-mail used can viewed at the following www location:
http://www.humanrightsireland.com/JusticeNicholasKearns/29January2011/Email.htm

=============================

Human Rights Ireland
http://www.humanrightsireland.com

=============================


	There is NOTHING to prevent governments producing their own DEBT-FREE and INTEREST-FREE money. It has been done very successfully and very easily before, both by former US President Abraham Lincoln, and by former US President John F. Kennedy (for example).