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	<title>Comments on: Worst-case scenario looms</title>
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		<title>By: Dithering instead of cleaning up &#171; Liberty in Ireland</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66664</link>
		<dc:creator>Dithering instead of cleaning up &#171; Liberty in Ireland</dc:creator>
		<pubDate>Sat, 14 Nov 2009 12:24:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66664</guid>
		<description>[...] banks are facing nationalisation because of a year of inaction on the part of the Irish government here. The role of the European Commission in restoring sanity in all this is [...]</description>
		<content:encoded><![CDATA[<p>[...] banks are facing nationalisation because of a year of inaction on the part of the Irish government here. The role of the European Commission in restoring sanity in all this is [...]</p>
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		<title>By: Tim</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66500</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Wed, 11 Nov 2009 19:52:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66500</guid>
		<description>Folks, It seems Senators Mullen, O&#039;Toole and Harris have voted against an amendment on NAMA that would have allowed Freedom of Information requests about it.

More skulduggery from these three oh-so-media-darlings.</description>
		<content:encoded><![CDATA[<p>Folks, It seems Senators Mullen, O&#8217;Toole and Harris have voted against an amendment on NAMA that would have allowed Freedom of Information requests about it.</p>
<p>More skulduggery from these three oh-so-media-darlings.</p>
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		<title>By: Dilly</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66488</link>
		<dc:creator>Dilly</dc:creator>
		<pubDate>Wed, 11 Nov 2009 17:41:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66488</guid>
		<description>NLP is very interesting, I have read up on it before.</description>
		<content:encoded><![CDATA[<p>NLP is very interesting, I have read up on it before.</p>
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		<title>By: gquinn</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66480</link>
		<dc:creator>gquinn</dc:creator>
		<pubDate>Wed, 11 Nov 2009 16:32:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66480</guid>
		<description>Actually Ruairi the Eugenics program is part of history and it was also part of the Lisbon treaty. So a Eugenics program will be coming in in the next few years. 

I know people in living and working in France who are currently developing the Eugenics program for Europe.

The first on the agenda is to cut down on the children being born through a fine system. It will be something like you can only have two children and any more you get fined. After a couple of years then they bring out imprissonment if you have more than 2 children.

Next is Euthensia and it is when people are over a certain age then they will be terminated and also people that have genetic defects or have a family history of genetic defects will be sterillised.

All in the name of helping the climate and the World :-) LOL

I&#039;m really looking forward to the future in Europe.</description>
		<content:encoded><![CDATA[<p>Actually Ruairi the Eugenics program is part of history and it was also part of the Lisbon treaty. So a Eugenics program will be coming in in the next few years. </p>
<p>I know people in living and working in France who are currently developing the Eugenics program for Europe.</p>
<p>The first on the agenda is to cut down on the children being born through a fine system. It will be something like you can only have two children and any more you get fined. After a couple of years then they bring out imprissonment if you have more than 2 children.</p>
<p>Next is Euthensia and it is when people are over a certain age then they will be terminated and also people that have genetic defects or have a family history of genetic defects will be sterillised.</p>
<p>All in the name of helping the climate and the World :-) LOL</p>
<p>I&#8217;m really looking forward to the future in Europe.</p>
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		<title>By: gquinn</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66479</link>
		<dc:creator>gquinn</dc:creator>
		<pubDate>Wed, 11 Nov 2009 16:25:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66479</guid>
		<description>Very good Ruairi. I completly agree with you.

People should wake up to the fact that they were brainwashed by the Govenment, Banks and Estate agents and they wrre the suckers.

It&#039;s important for people to remember this lesson because when another bull market happens and when the bank rings them up asking them to take out 100% mortgage then I hope people tell the banks to go where the sun does not shine. Thats what I done during the boom and I reapped the rewards by shorting a very silly bull market and now I&#039;m siting on a cusion of cash and I do not feel sorry for anyone that bought property near the top and they are facing financial ruin, I am not sorry for these idiots not one iota :-) LOL

At the end of the day, its a free market and make sure you are not a sucker. As they say during poker &quot;If you can&#039;t find out who the sucker is in the first 30 mins of the game then the sucker is you&quot;.</description>
		<content:encoded><![CDATA[<p>Very good Ruairi. I completly agree with you.</p>
<p>People should wake up to the fact that they were brainwashed by the Govenment, Banks and Estate agents and they wrre the suckers.</p>
<p>It&#8217;s important for people to remember this lesson because when another bull market happens and when the bank rings them up asking them to take out 100% mortgage then I hope people tell the banks to go where the sun does not shine. Thats what I done during the boom and I reapped the rewards by shorting a very silly bull market and now I&#8217;m siting on a cusion of cash and I do not feel sorry for anyone that bought property near the top and they are facing financial ruin, I am not sorry for these idiots not one iota :-) LOL</p>
<p>At the end of the day, its a free market and make sure you are not a sucker. As they say during poker &#8220;If you can&#8217;t find out who the sucker is in the first 30 mins of the game then the sucker is you&#8221;.</p>
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		<title>By: Furrylugs</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66467</link>
		<dc:creator>Furrylugs</dc:creator>
		<pubDate>Wed, 11 Nov 2009 15:29:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66467</guid>
		<description>Well if we&#039;re all going to have a Jamboree, we might as well meet to discuss setting up something viable. I couldn&#039;t see 15 grumpy old men meeting to vocalise whats discussed here at length being very productive.
For a kick-off, whats stopping a variety of multi skilled experienced (but unemployed) professionals setting up an online (cloud computing) co-operative to provide a service to several companies who are crippled by the onerous demands of their support functions? A form of Diogenes the Cynic in his pot dishing out Ethical Corporate Governance &amp; Risk Management solutions in a manner designed to make money from beurocracy. I&#039;ve achieved this in a small way, turning Health &amp; Safety requirements into profit.
Happy to discuss further.</description>
		<content:encoded><![CDATA[<p>Well if we&#8217;re all going to have a Jamboree, we might as well meet to discuss setting up something viable. I couldn&#8217;t see 15 grumpy old men meeting to vocalise whats discussed here at length being very productive.<br />
For a kick-off, whats stopping a variety of multi skilled experienced (but unemployed) professionals setting up an online (cloud computing) co-operative to provide a service to several companies who are crippled by the onerous demands of their support functions? A form of Diogenes the Cynic in his pot dishing out Ethical Corporate Governance &amp; Risk Management solutions in a manner designed to make money from beurocracy. I&#8217;ve achieved this in a small way, turning Health &amp; Safety requirements into profit.<br />
Happy to discuss further.</p>
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		<title>By: Ruairí</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66461</link>
		<dc:creator>Ruairí</dc:creator>
		<pubDate>Wed, 11 Nov 2009 15:01:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66461</guid>
		<description>About as intelligent as airing proposals that people over 60 could be terminated gquinn? Ouch :-) LOL</description>
		<content:encoded><![CDATA[<p>About as intelligent as airing proposals that people over 60 could be terminated gquinn? Ouch :-) LOL</p>
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		<title>By: wills</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66460</link>
		<dc:creator>wills</dc:creator>
		<pubDate>Wed, 11 Nov 2009 15:00:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66460</guid>
		<description>Ruairi - i think tim maybe intimating on it is more difficult for some to fight back more than others. But, resisting is available to all one way or the other.</description>
		<content:encoded><![CDATA[<p>Ruairi &#8211; i think tim maybe intimating on it is more difficult for some to fight back more than others. But, resisting is available to all one way or the other.</p>
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		<title>By: liam</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66450</link>
		<dc:creator>liam</dc:creator>
		<pubDate>Wed, 11 Nov 2009 14:20:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66450</guid>
		<description>Gotcha.  Your follow-up post below explains this pretty clearly.  One could argue these are value-add services you are talking about.  What you propose looks entirely different if you consider it from that perspective.

Ireland is not without opportunities or ideas. I absolutely guarantee you, innovations will emerge, the question is will they be capitalised on for the benefit of Ireland Inc. (maybe by sale/license to the MNC&#039;s), or realised in another part of the world by fleeing entrepreneurs?</description>
		<content:encoded><![CDATA[<p>Gotcha.  Your follow-up post below explains this pretty clearly.  One could argue these are value-add services you are talking about.  What you propose looks entirely different if you consider it from that perspective.</p>
<p>Ireland is not without opportunities or ideas. I absolutely guarantee you, innovations will emerge, the question is will they be capitalised on for the benefit of Ireland Inc. (maybe by sale/license to the MNC&#8217;s), or realised in another part of the world by fleeing entrepreneurs?</p>
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		<title>By: Ruairí</title>
		<link>http://www.davidmcwilliams.ie/2009/11/08/worst-case-scenario-looms/comment-page-1#comment-66449</link>
		<dc:creator>Ruairí</dc:creator>
		<pubDate>Wed, 11 Nov 2009 13:58:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.davidmcwilliams.ie/?p=2043#comment-66449</guid>
		<description>Tim,

I&#039;m afraid that I disagree 100% with this misconception that no one can afford to fight back.
Always pay yourself first. That&#039;s the philosophy of the rich boys and time to start copying it I think.
With something like www.bullionvaultcom, you can as low as €30-€50 of gold. You can buy 1 ounce, 2, ounces etc.
If you have an overdraft and it could even be with a bank that may be nationalised etc, then nurse it but don&#039;t panic and pay it off! If you can, put the corresponding amount into digital gold (not gold bullion, as unless Mad Maz happens, gold bullion actually loses you a % of money Josey! Still better than Anglo or Aer Lingus shares though!!). Watch the gold every day on your desktop using either www.goldprice.org or the desktop utility by www.kitco.com.  The trend for gold is now bullish based on technical analysis. Its all there on www.uncommonwisdomdaily.org, www.moneyweek.com, www.moneyandmarkets.com, www.goldprice.org and www.bullionvault.com, although the least two could be termed biased, but 3rd party analysis they point to is not.
In this case, you would again be robbing Peter (the bank O/D, perhaps the 2nd car that&#039;s not needed now as one of you just lost a job etc etc) to pay Paul (your gold holding). It makes total sense to take 100% ownership of your destiny and be brave. If you could turn 1k into 4k over the next2.5-3yrs, that will take the edge off of other debts. If you can make 3k into 12k, it could be the value of a site, as irish landprices plummet.
Tim, We MUST be cogniscant of MEGATRENDS. We must step outside of concensus financial realities if we are to break free from the false financial landscapes painted by our &#039;masters&#039;.
The LTEV on gold is very very good !! About 300% return. The LTEV on property is flawed, and based on pure gambling and scant data. The data for gold is very very solid. It works in longterm cycles, its a very fluid asset (digital gold is anyway) and its way off its inflation-adjusted highs of the 70&#039;s.
of course it could go down, but so long as you keep an eye on it and bail out and lose 5%, then so what? You can&#039;t bail out of a house or mortgage that quickly?

The internet is leading to a huge democratisation of accessability to certain markets. e.g. buying engagement rings at international wholesale diamond prices. See www.bluenile.co.uk. The buying of digital gold with the same hand of cards as gold bullion dealers: - see www.bullionvault.com. How long this sort of real &#039;democracy&#039; lasts, I do not know. I can&#039;t imagine for very long.
No matter how close to the edge one is, and I have been there (put myself there twice or three times), it starts with putting your family first, and putting money to work for you. I don&#039;t advise leaving another man short of money. But I do advise, and BrendanW echoed my previous &#039;call to action&#039; sentiments last night, that if you have money on deposit in a credit union or a bank (even if its an o/d), IN MY OPINION ONLY, one should withdraw it and build up a gold position now as stimulus 2 from USA will show all of the cracks in the world system. Dollar is plunging, gold is in the ascent. Close to $1120 this morning, 850 last autumn. You  can see how this could pay a few bills and still leave the original deposit intact.
Folks, if you buy anything this year for anyone younger than you, starting out, who perhaps looks up to you, buy them &quot;The Richest Man in Babylon&quot;. So simple, almost stupid. But the CORE lessons of money (and work Wills !!!!) do not change. Many libraries will have it too but it is very cheap on Amazon http://www.amazon.co.uk/product-reviews/0451205367/ref=dp_top_cm_cr_acr_txt?ie=UTF8&amp;showViewpoints=1 or available free here on PDF http://www.pdf-search-engine.com/the-richest-man-in-babylon-pdf.html

Tim, I respect your POV on people&#039;s position re credit cards and Peter and Paul, but the only way for sheeple to become people is to stop acting like a victim and act like a winner. Neuro Linguistic Programming, NLP. Ape the winners.</description>
		<content:encoded><![CDATA[<p>Tim,</p>
<p>I&#8217;m afraid that I disagree 100% with this misconception that no one can afford to fight back.<br />
Always pay yourself first. That&#8217;s the philosophy of the rich boys and time to start copying it I think.<br />
With something like <a href="http://www.bullionvaultcom" rel="nofollow">http://www.bullionvaultcom</a>, you can as low as €30-€50 of gold. You can buy 1 ounce, 2, ounces etc.<br />
If you have an overdraft and it could even be with a bank that may be nationalised etc, then nurse it but don&#8217;t panic and pay it off! If you can, put the corresponding amount into digital gold (not gold bullion, as unless Mad Maz happens, gold bullion actually loses you a % of money Josey! Still better than Anglo or Aer Lingus shares though!!). Watch the gold every day on your desktop using either <a href="http://www.goldprice.org" rel="nofollow">http://www.goldprice.org</a> or the desktop utility by <a href="http://www.kitco.com" rel="nofollow">http://www.kitco.com</a>.  The trend for gold is now bullish based on technical analysis. Its all there on <a href="http://www.uncommonwisdomdaily.org" rel="nofollow">http://www.uncommonwisdomdaily.org</a>, <a href="http://www.moneyweek.com" rel="nofollow">http://www.moneyweek.com</a>, <a href="http://www.moneyandmarkets.com" rel="nofollow">http://www.moneyandmarkets.com</a>, <a href="http://www.goldprice.org" rel="nofollow">http://www.goldprice.org</a> and <a href="http://www.bullionvault.com" rel="nofollow">http://www.bullionvault.com</a>, although the least two could be termed biased, but 3rd party analysis they point to is not.<br />
In this case, you would again be robbing Peter (the bank O/D, perhaps the 2nd car that&#8217;s not needed now as one of you just lost a job etc etc) to pay Paul (your gold holding). It makes total sense to take 100% ownership of your destiny and be brave. If you could turn 1k into 4k over the next2.5-3yrs, that will take the edge off of other debts. If you can make 3k into 12k, it could be the value of a site, as irish landprices plummet.<br />
Tim, We MUST be cogniscant of MEGATRENDS. We must step outside of concensus financial realities if we are to break free from the false financial landscapes painted by our &#8216;masters&#8217;.<br />
The LTEV on gold is very very good !! About 300% return. The LTEV on property is flawed, and based on pure gambling and scant data. The data for gold is very very solid. It works in longterm cycles, its a very fluid asset (digital gold is anyway) and its way off its inflation-adjusted highs of the 70&#8242;s.<br />
of course it could go down, but so long as you keep an eye on it and bail out and lose 5%, then so what? You can&#8217;t bail out of a house or mortgage that quickly?</p>
<p>The internet is leading to a huge democratisation of accessability to certain markets. e.g. buying engagement rings at international wholesale diamond prices. See <a href="http://www.bluenile.co.uk" rel="nofollow">http://www.bluenile.co.uk</a>. The buying of digital gold with the same hand of cards as gold bullion dealers: &#8211; see <a href="http://www.bullionvault.com" rel="nofollow">http://www.bullionvault.com</a>. How long this sort of real &#8216;democracy&#8217; lasts, I do not know. I can&#8217;t imagine for very long.<br />
No matter how close to the edge one is, and I have been there (put myself there twice or three times), it starts with putting your family first, and putting money to work for you. I don&#8217;t advise leaving another man short of money. But I do advise, and BrendanW echoed my previous &#8216;call to action&#8217; sentiments last night, that if you have money on deposit in a credit union or a bank (even if its an o/d), IN MY OPINION ONLY, one should withdraw it and build up a gold position now as stimulus 2 from USA will show all of the cracks in the world system. Dollar is plunging, gold is in the ascent. Close to $1120 this morning, 850 last autumn. You  can see how this could pay a few bills and still leave the original deposit intact.<br />
Folks, if you buy anything this year for anyone younger than you, starting out, who perhaps looks up to you, buy them &#8220;The Richest Man in Babylon&#8221;. So simple, almost stupid. But the CORE lessons of money (and work Wills !!!!) do not change. Many libraries will have it too but it is very cheap on Amazon <a href="http://www.amazon.co.uk/product-reviews/0451205367/ref=dp_top_cm_cr_acr_txt?ie=UTF8&#038;showViewpoints=1" rel="nofollow">http://www.amazon.co.uk/product-reviews/0451205367/ref=dp_top_cm_cr_acr_txt?ie=UTF8&#038;showViewpoints=1</a> or available free here on PDF <a href="http://www.pdf-search-engine.com/the-richest-man-in-babylon-pdf.html" rel="nofollow">http://www.pdf-search-engine.com/the-richest-man-in-babylon-pdf.html</a></p>
<p>Tim, I respect your POV on people&#8217;s position re credit cards and Peter and Paul, but the only way for sheeple to become people is to stop acting like a victim and act like a winner. Neuro Linguistic Programming, NLP. Ape the winners.</p>
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