A report that despite its enormous cost, the government chose to remain silent on. More or less sums up the political bankruptcy of the present government.

Are we not Surprised they are all clicks. They are in it together.Like the Mahaon Tribunal will we see nay one being held account for what has happened.

Enda Kenny should be having that crook arrested; not sucking up to him as always.

As the tribunal found that a government minister was bribed to give Esat the phone license the Irish state can now be sued for tens of millions by the losing bidders. Kenny should set the CAB on O’Brien in order to pay these damages.

Dead right Cornelius. It seems the mood is changing and the red thumbs are getting pissed off. I like it. At least we’re annoying them.

It makes me sick, if you read ANY of the many, many insightful sock trader blogs out there, every single one of them knows full well that Ireland is nuts to be paying for the banks. They must be thinking “this guy is nuts”.
“Ireland Inc” – sum’s up the problem right there really doesn’t it?

Paul Mallon. Are you trying to piss me off with this “Ireland Inc” rubbish. I’m warning you… ;)

Cornelius,
Firstly I am from Fethard and visit your family business almost everytime I am home and bring back a load of apple juice to Dublin – the best in Ireland by a long way and I would recommend everybody here to try the Kermine juice – simply superb.

But one thing is important to remember on this. All these trades are voluntary. If someone does not want to buy orange juice futures, wheat futures, pork belly futures etc, they do not have to. The futures market derived in the middle ages where farmers would sell their produce well in advance of the harvest. Farmers fearing a bad harvest secured income. Merchants fearing a lack of supply secured supply and being outmuscled by getting a contract down on paper. It is as simple as that.

It’s not me, it’s him, check out the third image. :-D

Thanks Paul. The first image was more than enough for me. But the third one was disgusting. What kind of a man would stand behind a sign of Ireland Inc.

He sees Ireland as a business – not a collective family. Any chance we could put him up for international adoption? He’s no sibling of mine. ;)

Hello Tom,
Thanks for your supportive comments about my real-life occupation, as opposed to my opinions. I have no problem with futures markets, and can see that they serve a vital purpose. I would say the same about of all sorts of markets, stock markets, derivatives etc.
But sometime in the past few decades the markets seem to have become more than a service to those who supply products to them and buy products from them.
I understand that last year someone in London bought much of the World supply of Cocoa, not in an attempt to make a few % in serving the producer and user, but in an attempt at what I can only guess was to control the World market to his own advantage. To me that is a market gone too far, and I think it is symptomatic of a problem with the entire system, which to my mind lacks, for want of a better word, morality.
I wish I had a proposal for an improved market, but I don’t.

Cornelius,
I accept fully that commodities traders, and pretty much all traders of anything do not engage in trading for the benefit of society, but simply because there is demand and they can make money.
Oddly enough, a system where essential supplies would not be subject to the vagaries of the market or of individual speculators has bene established with limited success (though some would argue that point). The Common Agricultural Policy was an attempt to make sure there would never been a food shortage in Europe. And in many senses it has worked (though it might be hard to define if it was the sole reason.) But the flip side was beef mountains, milk lakes, wine lakes, butter mountains and of course olive oil lakes.
It’s a double edged sword.
But back to the Taoiseach ringing the bell, markets do exist, and it is the real world and people make (and lose) money.

I agree with some of what you say Tom. The CAP is no great success. As I said, I don’t have a good solution.
However, I think our leaders (in Ireland and beyond) should not be endorsing the bloated (Wall St. model) trading system, and I would guess that the majority of Irish citizens think likewise. They should be engaged in coming up with a better alternative.

A valid point Tom, but in the real world the Irish public shouldn’t be bailing out those who lost money.

GO SHORT ON IRELAND BOYS !!!
DING!!
DING!!
DING!!

Bellend rings a bell !!’n

Other peoples money, the corporate mugging of America:
http://www.counterpunch.org/2012/03/19/goldman-sachs-trader-finds-a-new-occupy-tactic/

Seconds Out!!! Round two…..

Enda you bell end!! I’m actually embarrassed for the nation two thumbs up and a idiotic smile says it all really

They ring each others bells.

lol

I was actually being serious ,but I suppose boys will be boys ….

Epecially those FG/Lab boys.

seems to be CEO’s of various companies, obviously with Enda being the CEO of Ireland Inc he gets a shot.

http://www.nyse.com/events/1021232178548.html

Thanks Lads .
That link is interesting too :)

Love how the Guinness Brewmaster was there doing Closing Bell on Friday the 16th.

*ding ding ding ding* C’mon lads, have ye no pubs to go to?

Es- MER- ELLLL – DAAAAAAA.

@Susie; the Irish stock exchange is full electronic, so they don’t have a opening bell, it’s just opens at a set time and everybody are at their computers ready to start!

The bell in NYSE is for the floor traders to start dealing & bidding!

SING: ” YOU CAN RING MY BE E_E_ELL, RING MY BELL!:RING MY BELL!!!”

Thanks D Collins

Graham,

Short pants! Well, that’s the impression I’m getting from his boyish childish look on his face.

Good idea Francis! Haven’t got a clue where your gonna find one though!!

Yeah why don’t we sack this government and bring in a Sinn Fein and Communist Party coalition with Gerry Adams heading it up and a North Korean delegation as Tanaiste. We could then leave the EU and flush 40 years of progress down the toilet.

Don’t be rediculous! Enda is doing a good job promoting Ireland

Francis unless you forgot, we had a election just a year ago, and the Government formed have the largest elected mandate in Irish history.

A good job promoting Ireland, terrible job working in the interest of Irish citizens and their future.

Yes we did elect et a government last year with a big Majority but the made promises that they could not keep. I think it was also a backlash against the last Finna Fail Government. This Government will meet the same fate when the time comes if not before. There is already decent within the Government parties.I never said that I wanted Sinn Feinn in Power.

Whats scary about that? Its true, thats whats scary.

I am the only one who sees the potential benefits from visits like this? I’m not a fan of Enda, but you can bet he doesn’t view this as a ‘holiday’.

He’s in five cities over six days, with a large amount of engagements each day. Definitely not my idea of a holiday.

please let him be sitting in it at the time

Let’s hope he is sitting in it

Hope so then it will be End of Kenny

Maybe he paid for the privelege , just like turning the lights green on iconic images around the globe !

John educate yourself before making stupid comments.

Because Congress doesn’t sit at the weekend, they moved all the White House & Capitol Hill events until Tuesday, as has happened every time St Patricks day falls at the weekend.
The entire Irish group from Congress will attend the lunch hosted by the house speaker,
The Taoiseach will have a working breakfast with the Vice-President & secretary of State,
Then move on to a one hour meeting with the President in the Oval office. There is also a ball being hosted in his honour that evening in the White house , where all the above leaders will attend with many of the industry & business leader that attended the conference on Irish growth in Dublin castle last September.

He is visiting 6 city’s in 5 days for meetings with some of the most powerful people in the free world. He clearly has an extremely full working itinerary. Open you negative eyes & you will see that this is clearly not a junket, but a immence opportunity that nation’s twice our size rarely get.

Should help pay the debts that nations 10 times our size would never pay.