The Problem: The modern banking model started in 1694 in London. For over three hundred years we have allowed private organisations, namely central banks, create money and issue it into society. They have three ultimate customers; individuals, businesses and governments. We deal with local national banks for our daily commerce, but ultimately they are just agents who are getting their money from

In the time of the famine the potato was blighted. That was a small problem that became catastrophic due to our over reliance on the very same potato. Today our money system is equally blighted. Again it is a problem that has become catastrophic due to our complete over reliance on cash in our society. All talk of bond burning, debt restructuring, interest rate reductions etc.. is a massive waste

Until governments reclaim the right to issue their own monies this banking and personal economic crisis will continue and just get worse. After all, economies or lives cannot run on debt. Usury or the application of interest on borrowed money is the single greatest malevolence in our world. It only works when the population is rapidly expanding, as during the 20th century. Now that the rate of population

USA public debt rises by 1 Million Dollars every 18.5 seconds. That's 4.6 Billion dollars per day!!! The average US citizen owes circa $44,750 and incredibly this debt is rising by circa $3,000 per year! That’s before they even begin to plan their own personal finances. **************************************** UK debt rises by 1 Million pounds every 6.5 minutes. That’s 221 Million pounds per day!!! The

A report has highlighted how respectable and solid investment funds from the pension and insurance industries are planning to take the Irish government to court, to seek a reversal on, or even damages for, the governments decision to deeply discount the payments to these funds on sub-ordinated bonds in Irish banks.We all know by now the crazy situation where our government had agreed to honour all

History tells us that the monks of Ireland held steady during the dark ages. As Europe lay in the grips of fear, terror and repression after the fall of the Roman Empire, the Irish maintained their heads and subsequently proceeded to spread education and reason back across the continent over the ensuing decades and centuries. I believe our little island is about to inherit/assume another important

In Ireland our government is telling us that the way to grow out of our self inflicted recession is to embrace the "smart economy". This is a term coined to define an economy type that they wish us to pursue. This economy type focusses strongly on building world class digital hubs, advanced broadband capabilities, etc. etc.. You get the message, build loads of techy stuff and things will be grand

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Dublin city council and a state agency are planning to pump water from the River Shannon, in the midlands of Ireland, up to the catchment area of Dublin, a distance closing on 80 miles. They are proposing to pump 350million litres of water per day to the city, to help serve as drinking water for the next 70 years. Obviously, this is stirring up huge controversy. I am not going to get involved in either

A body in Ireland tasked with coming up with "creative" ideas to try and ease the pressure on struggling mortgage holders, reckon the best solution for these people is to hand back the keys to their homes, and to then go and join the social housing lists. No consideration of the stress implications, the social impact of this, the fear and desperation of the people involved. They are treated like numbers,