Neo Financial Solutions

Political Appointments, Judges, Top Public and ESB/ Bord Gais for sale! The SCAM continues

Justice Peter Kelly had the guts to say what we all have known since this government has taken power “the more things change the more things stay the same”. The extent of broken promises by Enda and his band of merry men on their election campaign has not only been limited to not standing up to the Trika on bond holders. Now it seems that it has continued the cronyism they so criticised the last government for. Not only do over 30% of the judicial appointments have direct political connections to government parties but the political connections are more important than the ability of the appointee!

Added to this insult to the people who elected the government on a false mandate we now see that Judges are paid in excess of €150,000 pa. They are joined by ALL politicians who get in excess of €150,000pa and over 3,000 top public servants who earn in excess of €150,000pa. Who says that you have to pay peanuts to get monkeys? These people are grossly overpaid for the job they have been doing. These are the people we are relying on to give us proper justice, implement fair plans and legislation to ensure that the people of this country will be able to get back to having a decent living. Yet if they do the things that need to be done they will be the first to be found out. Is there any wonder 5 years on we in Ireland Inc. are going further into depression. And today the Central Bank says it may continue until 2010!

These same people have stood over the grossly unfair rises on utility bills just so that another band of overpaid people can continue with their lavish lives at a direct cost to the Irish people. We are told that this is part of the process of getting the utility companies of ESB and Bord Gais ready for privatisation.

This is another scam! So we are going to take more out of the Irish people’s pockets by way of increased utility bills. Then we are going to sell the utility companies in a depressed market getting poor prices for them. But here is the real kicker …… who is going to buy the ESB and Bord Gais at knock down prices …….. the very same BOND HOLDERS we bailed out at TOP prices! How come? Because they have the money (the money we gave them)! And believe me they think Ireland is a great place to do business. And why not since they made a really bad investment in the Irish banks…. all now bust … but they managed to get 100% of their money back PLUS interest.

And who is overseeing this SCAM? The same band of €150,000+ public servant earners. No Wonder capital markets are back open to the Irish if in return the bond holders can partake in such a lucrative scam!

Paul C Carroll Accountant