Alan Dukes on TV AM

bmaxi

Just caught a snippet of Alan Dukes being interviewed by Mark Cagney. I'll admit I didn't see the whole interview so maybe, if it's out of context, someone who saw it all, can correct.
Mark posed the question many people have asked. "Why shouldn't the investors/speculators who took a punt and lost, be allowed to take the hit"?
Dukes reply was, in as many words, " If we allow them to take the hit, they wont invest again" ?????
I'm a simple man and certainly not an economist but that sounds like perverse logic. If every investor who invests, say €10 ends up costing the taxpayer €50; do we really want them to invest?
Maybe those with a clearer insight into the vagaries of economics could parse this for me.

paddyland

It is well known that the best place to hide something is in plain sight.

Ordinary people who borrowed thousands simply to buy a house to live in are being nailed to the cross, while speculators at the top of the tree who borrowed billions to buy property for pure speculative gain, bringing down the economy of an entire country in the process, are being bailed out.

So they can do it all again.

This basic, fundamental scandal is right in front of our noses, and yet it seems that the bankers and their buddies in FF government are managing to pull off the scam of the century, regardless. Everybody bend over now, bring your own vaseline...

AlekSmart

The recent performances of Alan Dukes have been highly irregular in my mind.

Some of his pronouncements have been of the "Let them eat Cake" variety and his refusal to answer valid questions from Sen Shane Ross at Dail Committee hearing`s was in my opinion a dei-facto case of obstruction.

It is now clear that Mr Dukes is fully in league with the cabal which now runs what`s left of this country.

From what we know,our Minister for Finance was fed a load of dressed up half-truths and associated bluster in order to get the State onside in the bail-out of Anglo-Irish and it`s investors....Mr Dukes now appears to be cheer leader in-chief for these unsavoury characters.

Rebelheart

OK, I don't have much time for the Blueshirts - the thought of Paddy Cooney, Paddy Donegan, Brendan McGahon, John Bruton and the rest of them bring a shiver to my spine. Any party which elects a leader who welcomes a member of the British royal family by saying "this is the greatest day of my life" is utterly unfit for serving Irish people. Not to mention who appoint a Fine Gael TD as minister for "famine" commemorations who claims that An Gorta Mór was "a shared experience between the Irish and British peoples". Fine Gael is, quite frankly, unelectable by any educated, self-respecting Irish person.

But Alan Dukes is perhaps the only person in Irish politics whom I consider to be "above politics". The "Tallaght Strategy" was honourable. And Dukes never came across as one of these "law and order" Blueshirt nutjobs - rather as an intelligent and thoughtful public representative (even if I didn't always agree with him).

Nevertheless, I'm finding it hard to reconcile his current utterances with his political record. The jury is still out but, to be honest, I'm giving the man the benefit of the doubt.

jmayo

paddyland wrote: »

It is well known that the best place to hide something is in plain sight.

Ordinary people who borrowed thousands simply to buy a house to live in are being nailed to the cross, while speculators at the top of the tree who borrowed billions to buy property for pure speculative gain, bringing down the economy of an entire country in the process, are being bailed out.

So they can do it all again.

This basic, fundamental scandal is right in front of our noses, and yet it seems that the bankers and their buddies in FF government are managing to pull off the scam of the century, regardless. Everybody bend over now, bring your own vaseline...

The investors we are talking about here are not the developers who were borrowers from the bank, but the bond holders who are usually other financial institutions like other Irish banks and other European banks.

They were holders of bonds issued by a private institution (a private sector bank) until our fantastic minister of finance affectively gave them sovereign debt status and now it is the taxpayers that owe the bondholders.

He made private debt sovereign debt claiming it was so that the bondholders would not be angry with Ireland, thus refuse to lend to us and of course our credit rating would go down menaing increased borrowing costs.
Except wait a minute, our credit rating has slipped because we now owe so much money to so many of these bondholders.
So what he claimed he was trying to prevent he has caused.

Wipeee for "brian and brian" ala "dumb and dumber".

AlekSmart wrote: »

The recent performances of Alan Dukes have been highly irregular in my mind.

Some of his pronouncements have been of the "Let them eat Cake" variety and his refusal to answer valid questions from Sen Shane Ross at Dail Committee hearing`s was in my opinion a dei-facto case of obstruction.

It is now clear that Mr Dukes is fully in league with the cabal which now runs what`s left of this country.

From what we know,our Minister for Finance was fed a load of dressed up half-truths and associated bluster in order to get the State onside in the bail-out of Anglo-Irish and it`s investors....Mr Dukes now appears to be cheer leader in-chief for these unsavoury characters.

I really admired the guy until that appearance at the Oireachtas committee.
To watch it live was unbelievable and he affectively told the only decent smart member of the committee that it was none of his business and by extension told the taxpayers to f*** off .

Cumann de Barra wrote: »

Dukes is one of the few blueshirts I admire. A all around top guy who was willing to stand up for his country when needed unlike a lot of other blueshirts or the communists in Labour and Sinn Fein.

Dukes knows full well Lenihan is doing his best. International commentators recent praise of Ireland proves this.

Ohh FFS is that how ffers now virew their latest puppet.

You remind me of someone, oh yes scr123 :rolleyes:
Watch out there is a guy with a blueshirt behind you

Rebelheart wrote: »

OK, I don't have much time for the Blueshirts - the thought of Paddy Cooney, Paddy Donegan, Brendan McGahon, John Bruton and the rest of them bring a shiver to my spine. Any party which elects a leader who welcomes a member of the British royal family by saying "this is the greatest day of my life" is utterly unfit for serving Irish people. Not to mention who appoint a Fine Gael TD as minister for "famine" commemorations who claims that An Gorta Mór was "a shared experience between the Irish and British peoples". Fine Gael is, quite frankly, unelectable by any educated, self-respecting Irish person.

If Fine Gael are unelectable then what is ff ?

If you think you have nightmares about FG members imagine the horrors most of us have when we think of those fine patriots, or shoudl that read lying leeching scumbags like ray burke, padraig flynn, charlie haughey, liam lawlor, frank fahey, bertie ahern, dempsey, cullen, callely, o'donoghue and o'dea. :mad:

Sand

I think Alan Dukes has simply abandoned any pretence at acting in the public interest. He acted as the wise statesman with the Tallaght Strategy and where did that get him? Nowhere.

Now hes back in on the gravy train and hes going to ride it all the way to the end of the line. The Irish people can go screw themselves this time around.

Theres always been this scare mongering that if Anglo were let go and the bondholders had to take a hit, theyd send plagues and famine to punish Ireland for 40 days and 40 nights. Its laughable. Investors are cruel, ruthless, heartless inhuman monsters. They dont know pity, fear, or friendship. They know only two things - risk, and return. If they line up, they invest, if they dont they wont.

Yitzhak Rabin

For those who haven't seen it, here Alan Dukes 'performance' as he was asked questions by public representatives. Dukes speaks from 6 minutes in.

https://www.youtube.com/watch?v=RbE4ZHIzvTY

round tower huntsman

dukes was best described by that lad on vb as having "stolkhom syndrome".

Sand

Watching that piece I am reminded that Senator Ross is probably the truest example of an actual live patriot that we have in this country. He is appalled and angered by the complete contempt for the taxpayer and the public interest expressed by Dukes. We need a Dail full of men and women like Ross.

kippy

Sand wrote: »

Watching that piece I am reminded that Senator Ross is probably the truest example of an actual live patriot that we have in this country. He is appalled and angered by the complete contempt for the taxpayer and the public interest expressed by Dukes. We need a Dail full of men and women like Ross.

Hmmmm.
Ross is bang on on this one.
What were the "due procedures" that Dukes alluded to?

Ross made some excellent points about the appointments to the board.
We are getting shafted here, make no doubt. Dukes and his cohorts are just in it for the money.

AlekSmart

I was equally struck by the role played by Shane Ross in seeking answers from the then board of Telecom Eireann following it`s "Privatization" stunt

The rather salient point is recognizing just how long the redoubtable Senator has been pointing out the flaws to anybody who wanted to see....

http://www.rte.ie/tv/latelate/20061208.html

And the man has even more credit in his account,this recent RTE Scannal documentary deserves a good close look,if only to see the beaming smiles on the faces of some of Irelands greatest three-card-trick merchants and the,by now obligatory,up the middle performance from Senator Ross back in 1999 !!!)

Well worth a look ....

http://www.rte.ie/player/#v=1079060

Senator Shane Ross is one of the reasons we actually need an Upper House as for sure if we were to rely on the Dáil alone we would have never heard Shane Ross`s pinpoint accurate questions to the likes of sleazy sounding Alan Dukes....

Keep it up I say !!!!

kippy

AlekSmart wrote: »

I was equally struck by the role played by Shane Ross in seeking answers from the then board of Telecom Eireann following it`s "Privatization" stunt

The rather salient point is recognizing just how long the redoubtable Senator has been pointing out the flaws to anybody who wanted to see....

http://www.rte.ie/tv/latelate/20061208.html

And the man has even more credit in his account,this recent RTE Scannal documentary deserves a good close look,if only to see the beaming smiles on the faces of some of Irelands greatest three-card-trick merchants and the,by now obligatory,up the middle performance from Senator Ross back in 1999 !!!)

Well worth a look ....

http://www.rte.ie/player/#v=1079060

Senator Shane Ross is one of the reasons we actually need an Upper House as for sure if we were to rely on the Dáil alone we would have never heard Shane Ross`s pinpoint accurate questions to the likes of sleazy sounding Alan Dukes....

Keep it up I say !!!!

We dont NEED an upper house for this.....and definetly not an upper house of the size and cost of the one we support containing appointments such as Ivor.....

What we need, is an electorate that punishes those that screw them over (which hasnt happened so far) and make it clear to their elected representatives that this type of behaviour is not acceptaple, then vote accordingly.
We also need a justice system that firstly investigates politicians should they be acting on the edge of the law and then isnt afraid to prosecute them.

While Ross is well able to highlight matters, he is one of the few in the senate who appear able to justify its existence.

Seth Brundle

yekahs wrote: »

For those who haven't seen it, here Alan Dukes 'performance' as he was asked questions by public representatives. Dukes speaks from 6 minutes in.

The man has gone native IMO!

Yitzhak Rabin

This is a little bit off-topic, but still definitely worth a look.

Its TD Deppidy Frank 'Forty Gaffs' Fathead being shown for the economic illiterate he is by Peter Mathews at an Oireachteas hearing about NAMA.

(Mathews starts talking from about 4:30 in)

https://www.youtube.com/watch?v=wNFbl525fkM

I advise anyone with even a passing interest in the Irish economy to watch the whole meeting, to get an understanding of the criminally stupid idea NAMA is.

Part one starts here

The Raven.

yekahs wrote: »

For those who haven't seen it, here Alan Dukes 'performance' as he was asked questions by public representatives. Dukes speaks from 6 minutes in.

https://www.youtube.com/watch?v=RbE4ZHIzvTY

Brilliant! Well worth watching. The integrity of Shane Ross puts the lot of them to shame.

I always knew that Alan Dukes was smug but I didn't realize that he was as thick as he has shown himself to be in that video. I don't know why he keeps grinning as if it's all one big joke. His refusal to answer Shane Ross's questions was clumsy and contemptible, and he really ought to learn French before making such a public prat of himself by getting it wrong.

irishconvert

paddyland wrote: »

It is well known that the best place to hide something is in plain sight.

Ordinary people who borrowed thousands simply to buy a house to live in are being nailed to the cross, while speculators at the top of the tree who borrowed billions to buy property for pure speculative gain, bringing down the economy of an entire country in the process, are being bailed out.

So they can do it all again.

This basic, fundamental scandal is right in front of our noses, and yet it seems that the bankers and their buddies in FF government are managing to pull off the scam of the century, regardless. Everybody bend over now, bring your own vaseline...

100% hit the nail on the head there.

They have ripped us all off while the sheeple sit on front of their TVs like zombies.

jmayo

AlekSmart wrote: »

I was equally struck by the role played by Shane Ross in seeking answers from the then board of Telecom Eireann following it`s "Privatization" stunt

The rather salient point is recognizing just how long the redoubtable Senator has been pointing out the flaws to anybody who wanted to see....

http://www.rte.ie/tv/latelate/20061208.html

And the man has even more credit in his account,this recent RTE Scannal documentary deserves a good close look,if only to see the beaming smiles on the faces of some of Irelands greatest three-card-trick merchants and the,by now obligatory,up the middle performance from Senator Ross back in 1999 !!!)

Well worth a look ....

http://www.rte.ie/player/#v=1079060

Senator Shane Ross is one of the reasons we actually need an Upper House as for sure if we were to rely on the Dáil alone we would have never heard Shane Ross`s pinpoint accurate questions to the likes of sleazy sounding Alan Dukes....

Keep it up I say !!!!

I have a huge admiration for Ross and my other half would be a fan ever since he gave her guided tour of Leinster house courtesy of being Trinity graduate.

If anyone wants another view of corporate Ireland dig out Ross's Orireachtas committee interview with ex AIB chief executive eugene sheehy on the whole Nevis fund and the fact they shafted the internal auditor Eugene McErlean the same day as John Rusnak affair was exposed.

He tore sheehy a new asshole that day.

http://www.businessandleadership.com/leadership/news/article/13774/

People should also remember it was because of Ross, and more particularly ex board member Eithene Tinney, that EBS did not become another INBS and consider how much that has saved the Irish taxpayer.
Sadly there were no such people involved with INBS.

He also stood up about the West Link toll bridge.

Anyway take a look at this link to get a grasp just how things have changed or rather not changed in Irish banking.

http://www.soldiersofdestiny.org/shaneross.htm

kippy wrote: »

...
While Ross is well able to highlight matters, he is one of the few in the senate who appear able to justify its existence.

Very true.

yekahs wrote: »

This is a little bit off-topic, but still definitely worth a look.

Its TD Deppidy Frank 'Forty Gaffs' Fathead being shown for the economic illiterate he is by Peter Mathews at an Oireachteas hearing about NAMA.

(Mathews starts talking from about 4:30 in)

https://www.youtube.com/watch?v=wNFbl525fkM

I advise anyone with even a passing interest in the Irish economy to watch the whole meeting, to get an understanding of the criminally stupid idea NAMA is.

Part one starts here

Watching that was discusting and makes one wonder why a dodgy politican is on such a committee.
Maybe he is looking for more lost at sea funds. :rolleyes:

paddyland

Any politician like Frank Fahy who has involved himself personally in property speculation, has a vested interest in keeping property prices artificially high, and therefore, should have no place in economic or financial policy making, purely for reasons of being personally compromised, whether corrupt or not.

Yitzhak Rabin

[QUOTE=Cumann de

Barra;67803263]Fahey made his money through shrewd property investments, there is nothing wrong with that. If anything he should be admired for his wisdom and business knowledge. Paddyland you just sound like a begrudger because you got into the property game too late.[/QUOTE]

what are you on about? Frank Fathead is up **** creek due to his over exposure to the property market.

Hence his nickname forty gaffs. Thats also the sole reason he is dishonestelý trying to talk up the property market. He won't be a td for much longer, because apart from not having a hope of getting re elected he will be filing for bankruptcy.

paddyland

Cumann de Barra wrote: »

Fahey made his money through shrewd property investments, there is nothing wrong with that. If anything he should be admired for his wisdom and business knowledge. Paddyland you just sound like a begrudger because you got into the property game too late.

You completely missed the point of my post. It doesn't matter whether a TD is shrewd, or reckless, or corrupt, or straight as a die. If a TD has property interests, then he is going to be biased in economic policy decisions, and so should have no part in them.

recedite

Sand wrote: »

. We need a Dail full of men and women like Ross.

Too right, but unlikely.

AlekSmart wrote: »

Senator Shane Ross is one of the reasons we actually need an Upper House ....

No, we just need a Special Investigative Committee (watchdogs)comprised of about three people, as part of the Oireachtas. Preferably directly elected by the people at the same time and frequency as the President.

recedite

Not quite, there are rules. For example a TD can't be bankrupt or a criminal. Looks like one of these two rules will catch him out eventually.

LostinBlanch

Sand wrote: »

I think Alan Dukes has simply abandoned any pretence at acting in the public interest. He acted as the wise statesman with the Tallaght Strategy and where did that get him? Nowhere.

Now hes back in on the gravy train and hes going to ride it all the way to the end of the line. The Irish people can go screw themselves this time around.

QFT. You're not the first person I have heard say this, and I find it hard to argue against it.

Sand wrote: »

Theres always been this scare mongering that if Anglo were let go and the bondholders had to take a hit, theyd send plagues and famine to punish Ireland for 40 days and 40 nights.

Ah but that's because FF need a bogeyman to scare the credulous.

Sand wrote: »

Its laughable. Investors are cruel, ruthless, heartless inhuman monsters. They dont know pity, fear, or friendship. They know only two things - risk, and return. If they line up, they invest, if they dont they wont.

Ah here, who said you could let the cat out of the bag? That's not on at all.

flutered

Cumann de Barra wrote: »

Dukes is one of the few blueshirts I admire. A all around top guy who was willing to stand up for his country when needed unlike a lot of other blueshirts or the communists in Labour and Sinn Fein.

Dukes knows full well Lenihan is doing his best. International commentators recent praise of Ireland proves this.

the ny times for one do not agree with you, and i wouldnt be arsed searching for any more.

flutered

recedite wrote: »

Not quite, there are rules. For example a TD can't be bankrupt or a criminal. Looks like one of these two rules will catch him out eventually.

naw, he is a member of dff, (dispicable fecking failures), he /they will wriggle out of it.