May 1, 2009

NAMA Gearing Up For Irish Glass Bottle Ringsend Scam?

In September 2008 the patriotic Galway Tent Cartel ordered Mr BIFFO not to liquidate Anglo-Irish Bank nor any of the rest of the Cartel.

The Cartel even told Mr BIFFO how to spell systemic and billion but did not explain the big words. After Mr BIFFO recolonised Irish taxpayers with the €490 Billion commitment he was given his customary bag of chips.

The Tribune reports Anglo-Irish Bank is doing some more financial stunts concerning the Glass Bottle Site in Ringsend. Isn't this in order to finesse selling the hole in the ground to the taxpayers using the NAMA scam.

Next some spiel about "bankrupt-developers" being forced to sell their trophy houses and their trophy wives will be printed by The Irish Times in order to fob-off the mortgaged masses. The Traitor Gormley might even do a jobs announcement - omitting any mention of the firing of the 300 IGB recycling-workers, facilitated by the DDDA-Anglo-Irish patriots.

Without the help of Mr. Gormley's DDDA Planners Autocracy the IGB site's current and foreseeable value is zero. The DDDA Planners Autocracy is in the final stages of a Sham Poolbeg Scheme process which will end up costing taxpayers hundreds of millions, killing jobs, shutting schools and hospitals. DDDA's buddies in Dublin City Council, including €75K payoff councillors, will send many more people to hospital once the iconic Poolbeg Incinerator - "Europe's Largest" - fires up its uncontrollable toxic particle generators (PM 2.5's, PM1.0's).

NAMA's sponsors like to confuse taxpayers by using big opaque numbers such as the ninety billion euro they plan to scam from taxpayers 'to save the economy'. That's €60,000 of extra taxes per worker (2011 full-time headcount equivalent). Such money would be better invested in high value intellectual property.

Its more useful to look at an example of just one site buried inside that €90 Billion zombie banking number. According to honest DDDA-Anglo-Irish-Bank the Glass Bottle hole-in-the-ground speculation has an alleged book value of €450 million. The site's real value is between zero and €45 million at most. However when the DDDA Autocracy hands out the planning permission for the future-slum to its co-conspirators, sorry co-investors, the Autocracy will declare the site's value is €299 million.

This means the honest NAMA gentlemen can diddle the taxpayers by paying 'a robust 66.6%' or 'only' €199 million of taxpayer's cash for the site. The false book-keeping balance of €251 million is also diddled from the taxpayers in the "systemic Anglo-Irish Bank" scam of September 2008.


The Galway Tent Cartel can easily use the national database of phone calls, emails and IP addresses to plot all relationships used by Irish TDs. Using this and more subtle methods the Galway Tent Cartel is in a positon to order all the main political parties to be fully on-board with DDDA's Patriotic Poolbeg Scheming, going forward. Including The Traitor Gormley.

None of the political 'elite' have provided a more realistic scenario than that outlined above. This is very curious.



PS: There is little validity in the childish rumour that the NAMA was first going to be named the Bonzo McNamara Bank. Just plain NAMA is more subtle - after all patriotic NAMA has not been set up to rescue 'developers'.