“Banks will have to be more aggressive in repossessing properties”


Patrick Honohan, Governor of the Central Bank of Ireland, a Rothschild controlled vehicle, feels that the banks are not repossessing properties fast enough in Ireland. His use of the word “repossessing” is an interesting one. Did the banks ever own or possess these properties in the first place?

Honohan also slams debt forgiveness as “unaffordable”. Unaffordable to whom? Unaffordable to the private banks who created the original credit from the “borrower’s” signed promise to pay, without investing or risking a single cent of their own?

Conor Pope of the Irish Times reports:

“Banks will have to be more aggressive in repossessing properties in the buy-to let sector, the Governor of the Central Bank Patrick Honohan warned tonight while ruling out a widespread debt forgiveness programme as unaffordable.”

Read more here at Irish Times.

And RTE News says:

“Central Bank Governor Patrick Honohan has urged banks to move more quickly to repossess investment properties whose owners are struggling to repay debt.”  More here, RTE.

Honohan’s sentiments are echoed by Pat Farrell, CEO of the Irish Banking Federation, another group friendly to the Rothschilds’ financial interests.

Farrell, responding to Honohan’s comments that banks need to be more aggressive in repossessing properties, is dismayed by the fact that:

“A ‘legal vacuum’ is preventing banks from promptly repossessing homes owned by individuals who have fallen into mortgage arrears…and was an impediment to repossessing homes from people who took mortgages before December 1st, 2009.”  (Spoken like a truly rapacious predator.) More at Irish Times.

All this only goes to show how prescient Professor Carroll Quigley proved to be when he wrote in  Tragedy And Hope (1966) that the purpose of central banks was:

“to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.

“Each central bank….sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the levels of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

The Irish Central Bank is ostensibly owned by the Irish Government but, in reality, the real power behind it and all central banks is a small handful of international bankster families.

When the euro fails, and we go back to printing our Punt Nua, the first thing we must do is abolish the central bank and arrest and interrogate its mouthpieces, past and present. And if they are found to have been guilty of fraud and treason they must be punished accordingly.  This also applies to commercial bank executives, politicians, academics, journalists, and others of the same ilk.

Our only hope for the future rests in a debt-free, interest-free currency issued and supervised by the People and based upon the productivity and natural resources of the Irish Nation as a whole.


thanks to bea for the link..

“Honohan also slams debt forgiveness as “unaffordable”

this guy is a true pathological elitist money man..no mercy..no love and definitely no forgiveness..there is a special spot in hell just for you..asshole..


~ by seeker401 on March 19, 2012.

4 Responses to ““Banks will have to be more aggressive in repossessing properties””

  1. Funny we didn’t hear a peep out of him resisting bailout forgiveness… I wonder if they are oblivious to the type of hell they are fast forwarding the Earth towards…

  2. […] “Banks will have to be more aggressive in repossessing properties” (seeker401.wordpress.com) Rate this: Share this:TwitterEmailPrintMoreFacebookLike this:LikeBe the first to like this post. […]

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