IN ONLINE FORUMS BY NOEL O'GARA TO EXPLAIN THE MESS THE COUNTRY HAS BLUNDERED
INTO AND TO SHOW A WAY OUT OF THAT MESS.
IRELAND IS A FINANCIAL
THE PLANNERS WERE
BEHIND THAT FAILURE
PLANNING LAWS CONCENTRATED
ON BUILDING REGULATIONS BUT FAILED TO TAKE ACCOUNT OF MARKET FORCES OF
SUPPLY AND DEMAND.
BANKS FOOLISHLY FINANCED
THOSE CRAZY PLANS
GOVERNMENT AND REGULATORS
FAILED TO GOVERN
COMMENTATORS ON NAMA
HAVE FAILED TO RECOGNISE THE PLANNING LAWS AS THE CAUSE OF THE DISASTER.
THEY BLAME THE BANKS, THE WORLD ECONOMY ETC ETC.
IN A MARKET DRIVEN
ECONOMY THIS FAILURE COULD NEVER HAPPEN.
CAPITALISM WAS HIJACKED
BY SOCIALIST PLANNING LAWS WHICH BROUGHT IT TO ITS KNEES.
THE FUTURE IS UNCERTAIN
AND MISTAKES NOW COULD HAVE THE GRAVEST RESULTS
Posted by Noel O'Gara on
the www.propertypin forum on 1st August 2009. under the name themainman.
FIRST THREAD 1st August
A HERD OF WHITE ELEPHANTS
PRODUCED BY THE CELTIC TIGER
The massive herd of white elephants approved
by our faceless bureaucratic planners for their developer friends and
financed by foolish bankers who were lulled into a false sense of security
by the government are now an increasingly visible sight on the landscape
of every city, town and even some villages throughout the twenty six
counties as they become more evident day by day.
Many fully developed ones are still part vacant and produce little
income but cost money to secure and maintain.
The adolescent ones will probably never mature because the music has
There are hundreds perhaps thousands still on the drawing boards waiting
for the start but will never rear their heads from the development land
which cost billions.
Now they are to be all herded into NAMA to relieve the banks of terminal
indigestion, not to save the banks but to save the economy of the country
which would close down if the banks closed their doors.
One has only to trawl through daft.ie and pick any county or town to
view these creatures.
The really sad thing is that this massive stock of unsustainable development
which now overhangs the market has totally undermined the existing older
stock of commercial and residential buildings in the state and will
cause them to be devalued both in income terms and consequently in capital
value as the elephants are offered at give away prices just to get them
occupied at any price rather than let them deteriorate or succumb to
vandalism or worse.
Brian Lenihan's fake optimism in the light of this scenario is laughable.
Who is he fooling?
It is indeed an apalling vista and is all due to the greed of the developers
who were happy to give dig-outs to Bertie and others and visit the Galway
tent to pay homage to their political fixers.
Seven years of profligate greed by a few has undermined more than a
hundred years of hard work of the Irish business community and it will
result in more ghost towns, ghost streets and ghost housing estates
up and down the country as it unfolds.
Building to the beat of planners permissions rather than building specific
buildings to meet market demand has perverted the market place and turned
it on its head.
When Mr Mc paid 90 million per acre to buy the Burlington hotel, one
of the best amenities in Dublin intending to replace it with flats and
offices, how was it that nobody in our government noticed there was
something amiss with the tiger? Who could blame the Doyles for taking
a price that would buy five hotels of equal potential for that one?
Nobody saw the delusional behaviour only them???
When the banks sold off most of their buildings did nobody in government
ask why? The big solid buildings they occupied were used to instill
confidence in the public putting their hard earned cash into them.
When the shopping centres outside towns started to drain the life out
of the towns and cities, did nobody ever recognise that a lake will
run dry if you drain it?
The tax breaks and schemes the government devised to encourage phantom
communities all along the coast must have raised eyebrows when nobody
lived in them??
2nd post. 5th August 2009
Picture the scene last September when
the heads of the main banks requested an emergency meeting with the
fledgling finance minister who has little or no experience of business
and confessed to him that all the Irish banks and building societies
were flat broke and they were unable to pay their creditors. They grudgingly
conceded that they had overlent to booming developers who were now unable
to repay their loans and as a consequence the banks were unable to meet
their own commitments to creditors and were afraid of a run on the banks
like the Northern Rock run which had sent jitters through them.
Brian Lehihan must have pinched himself and thought he was dreaming.
Lenihan told the press
"Were liquidity to dry up in the Irish banking system in the weeks ahead,
the inevitable result would be economic catastrophe for this country.
We are a small exposed economy, one that is more globally exposed than
any economy in any other member state in the EU. For us not to have
a viable banking system would paralyse the trade of this country and
reduce us to a powerless position in all the markets in which we buy
and sell our goods and services,"
He gave that 500 billion guarantee that is meaningless anyway. Then
the blame game started. The banks became the whipping boys.
Money is the oil that lubricates and runs the whole country. The banks
are the arteries of that oil.
It matters not how deep the 'haircut' Mr Lenihan gives to the banks
because the whole purpose of the exercise is to keep the banks in existance
simply because without the banks our country is banjaxed. NAMA is just
a device or a smokescreen to save the banks in order to save the country.
If they closed their doors nobody could access their money or do any
business, so it is vital to save them and the government knows that.
Commentators debate the level of values but it matters not. The
name of the exercise is to take the bad loans off the banks so that
they are just not weighed down by the debt and can function as banks
and the public can retain confidence in them and leave their money on
deposit and hope they return to normal business.
Their bad loan losses or doubtful debts far outweigh their abilty to
remain solvent which is why the government need to take that burden
off their backs to allow them to remain in business.
Their net worth or capital or equity has been wiped out and they are
actually bankrupt but the government cant let them go or the country
is gone with them.
Therefore we need NAMA to enable them to continue. If values drop because
of Carroll then NAMA will reflect that but regardless the banks will
be left just about floating.
you are all going off topic
lads. Never mind what should happen theoretically and recoginse that the
country is actually in the sh...e.
In one year we might be looking at mass emigration and coupons for food
financed by massive taxation while FF still point the way out of the mess
for you all.
I am showing how it got there and offering a solution.
The elephant in the kitchen is what you should be talking about because
that produced the massive herd of white elephants and you still havent
asked where the elephant is standing because you are so familiar with
I'm talking about the planning laws where the whole planning and development
of all building was taken over by state bureaucrats called planners, and
the land owners and visionary developers were put in harness under their
Architects, engineers and lawyers all joined the gravy train and feasted
out of that bucket until now we see the herds of white elephants that
I think we can kill the
Idea of letting the banks fail. It just won't work. Check the amounts
on deposit in the Banks annual reports, they are too big to invoke a guarantee.
My Reply and 4th post.
agreed and that is why Brian
Lenihan has resorted to NAMA. He really had no choice or the country would
be a basket case if the banks closed their doors.
Whatever happens we are in dire straits and the huge stock of unlet and
unwanted property both residential and commercial that overhangs the market
is going to have a debilitating effect on the rest of the real estate
value and rentals. As a consequence the tax take will diminish as Ireland
inc implodes and we are all the worse off. The losses have been made and
we are all going to pay for them and the cause of it all was taking the
market forces away from the land owner/developer and putting the planners
in control of the market.
Nobody wants to admit to that grave sin yet because so many profited out
Thread commenced 7th August
The Kilternan white elephant.
The Kilternan white elephant,
one of that rare species that cannot work but will now cost a lot to fodder
and care for, was bestowed on Mr O'Regan by the planners who slowed down
the development and gave it their blessing after extracting a lot of money
from him as a contribution to keeping them in office.
The season of white elephants is upon us and NAMA ensures we all end up
paying for them.
but if O'Regan was not so
confined by the planning laws, such a bright spark of a businessman with
a successful track record would have had his options open to acquire a
strategic and much better site somewhere else in this little republic
from a landowner, so that he could pursue his dreams without the heavy
hand of bureaucracy pressing down on every innovation he comes up with.
Planning problems and restrictions amount to a virtual total bloc on all
innovation so he chose to revive a white elephant because
it existed and planning would not present a problem or such insurmountable
problems as many a developer found out.
Face it grumpy, we live in a socialist bureaucracy run by idiots, not
a republic of free people as our founders intended.
Thread commenced 8th August
legacy 'undamaged by downturn'
At least Matt Cooper on
Today FM managed to get a dig in by asking him if he would be giving tips
on the horse racing, given his success as a punter in Manchester. [/quote]
you can see how he screwed
up this state now but when the gravy train was rolling you lads all voted
him in and wouldnt say a bad word about him.
Bertie was planning all the developments of the country with his council
officials and quangos when he should have been above planning matters
and looking at the overall picture of a nation's financial and social
stability and its place in international affairs. He had his nose stuck
in the airport which has a state monopoly, in Aer Lingus, in Croke Park,
the Bertiebowl and many others and his daily work was meeting with developers
rather than doing his job of overseeing the economy.
The planning laws gave all that to the politicians and took property development
away from the visionary businessmen and builders who would have supplied
a sustainable supply to the market based on demand.
Bertie resigned when he saw the gigantic financial tsunami coming across
the Atlantic and annointed Cowan his most vehement and loud mouthed side
kick to his job in order to shield him from all blame. Cowan was an unelected
leader and Bertie's best pal. He has echoed Bertie's cry that the banks
were to blame but you all know now that it was the politicians who screwed
us and who will ride us until we drop.
Wrong! Wrong! Wrong! Let me just say again,
Bertie Ahern did not resign at a time of
his choice. He was forced out. Try reading some of the articles from
the time if your own memories of the events are a little hazy. He did
not see a "gigantic financial tsunami coming across the atlantic". He
was incapable of seeing any issues with the Irish economy, let alone
having any grasp of other economies and how they might change.
Bertie resigned when he saw
what was coming down the tracks. Try reading this
Why would Cowan be invited to a dinner by the Anglo Irish Bank directors,
his friend must surely have briefed him about Sean Quinn's massive losses.
He had only been nominated Taoiseach in waiting a few weeks before.
Bertie must have been briefed about the Anglo debacle which threatened
the financial stability of the nation just a few weeks prior and he saw
that train thundering down the tracks long before the media got hold of
it. He had a taste of the American crisis since Paddy's day in washington.
Events at the Tribunals wouldnt knock a stir out of him and never revealed
anything extra that would have forced him to throw the towel in.
Because of the seriousness of the situation I would say that Anglo would
have had to meet up with the Taoiseach and the Regulator before the golden
circle was contrived. The regulator seems to have been a totally incompetant
bureaucrat who never performed a meaningful job.
Bertie moved Cowan into the hot seat and got out fast.
Anglo precipitated the banking crisis in Ireland and Quinn precipitated
the collapse of Anglo shares when he stopped buying and as a result they
started to fall off the radar.
There are a lot of skeletons still in that Anglo cupboard and NAMA is
a device that will keep them locked away.
The edge wrote, 'ever considered
Its no fiction that Bertie
resigned without warning or any political heave. Its not fiction that
he appointed Cowan much to the annoyance of some other politicians. Its
not fiction that Anglo was recognised to be a walking dead bank just at
the time of Bertie's departure with massive losses that swamped the Irish
economy and were unprecedented in scale.
Its not fiction that Sean Quinn was in a sweat when he told Fitzpatrick
that he was broke and couldnt pay for the shares he bought on his casino
run of bad luck.
Its not fiction that Fitz called in An Taoiseach and his Regulator to
tell them that Ireland Inc was on the brink of economic disaster unless
he came up with a plan to save the bank from going down the tubes.
Since that time everything has been downhill and its gathering momentum
as we write.
Not alone did he suddenly decide to resign but he had the cheek to elect
his successor, the most vocal and belligerent man in the party who would
cover his ass. and all the dummies in the party were too weak to insist
on their right to elect a new party leader.
Thread posted 10th August.
Karl Whelan on the
valuation of assets for the banks.
Mr Karl Whelan economist is
spouting top class hogwash. If you believe that you would believe anything.
Whelan doesnt understand that the banks have the state stuffed. We are
not just broke. We are swamped beyond any possible bank recovery and recovery
is not possible because we have cocked it up totally and we are bust as
a nation. Not only is their capital base wiped out but there is a deficit
of many times that, all of which will go into NAMA.
The ship is holed and taking water
Guys like Whelan seem to believe that there is a magic solution where
you can loose much more than your entire fortune one minute and then win
it back by good management the next minute with a few strokes.
First stroke, the guarantees by the government are hot air and not worth
the paper they are written on. They havent enough to pay their own wages
in the public service let alone the interest on those massive losses going
to be shelved at NAMA.
If the banks closed their doors big businesses would not have the means
of getting paid by their debtors and couldnt pay wages so there would
be instant mass unemployment, no social welfare payments and civil unrest
would start immediately. Gardai with no pay. Army on martial law with
To avoid that nightmare our government have embarked on the only option
open to them, a flim flam of lies about NAMA being a temporary repository
of those wonderful assets that were overvalued but just wait for them
to mature to profit. Lenihan is on a tight wire trying to bluster his
way through it and if he falls off it we are all stuffed because you voted
for them and enjoyed the ride on that phantom tiger. Its back to the land
and the horse and car and allotments in the towns and cities.
People might finally recognise what central planning by bureaucrats has
done to the country. If you were Cowan or Lenihan or Bertie would you
tell the punters the truth about how you destroyed a great nation or continue
bullshitting them until the ship goes down?
Bear in mind that while people
were dropping dead with the hunger during the famine times there were
others with good land selling their corn and oats to merchants who were
exporting it wholesale. Porridge could have saved the people but the powers
didnt want that.
While they travelled the roads in rags there were others looking on who
could have helped but didnt.
There was a building boom in Dublin in the 1860's when there was mass
poverty in the rural areas and labourers were given jaw wages. So forget
about the voters because the political parties are all equally dim and
only hungry for power, for power's sake.
If the captain told the passengers that the ship was taking on water and
will sink in 6 hours there would be panic. Cowan and Lenihan are just
too dim to absorb that but this ship is sinking under the weight of those
white elephants that FF planned for all you lads and you let them carry
on planning your future.
Check out your security and food supply because the shops might soon be
like the shelves in Russia after the wall came down. Meanwhile our politicians
are rearranging the deck chairs and like Bertie are planning get out strategies
for themselves. When the shit hits the fan they will jump and not even
I proposed a solution in late
2008 that would have worked had it been implemented but unfortunately
we are ruled by barristers and lawyers who dont know anything about real
business and the vagaries of negotiating in the real world.
Its no use raking over the coals trying to see what we should have done
ten years ago.
The rest of your post is pure academy and ok in the school room.
Our state had a level playing field prior to 1964 when the planning laws
put all development into the hands of bureaucrats who had no knowledge
of the land or what it was to make money.
They and the politicians of all parties have all failed the people miserably.
If we are ever to recover as a nation we must radically reform the planning
laws so that the business people make the decisions on what to build and
where to build it. Basic laws of supply and demand will dictate the development
needed and there can then be no manipulation of the market place if we
keep the politicians out of it with their schemes and scams that have
driven this small state into bankruptcy from which we might never recover
as an independant nation.
All our stock of housing and commercial buildings were built to meet the
demands of the day by businessmen who saw the oppertunity and invested
Planners who live in ivory towers have planned the celtic tiger and the
result is a massive stock of unusable buildings that will drag the rest
of the market down and hold it down for years to come.
I have yet to hear any criticism of the planners or the planning system,
the elephant in the room who conceived the massive herd of white elephants
that now dot the landscape.
Knowledge of land is something
nearly every land owner understands. All land is different and has many
uses depending on its location and the owner's ideas. Thats what freedom
When planners start to tell you what you can or cannot do on your land
then you are in airy fairy land where we are all right now.
ps I dont watch movies.
Thread commenced 16th August
HOW VALUATIONS WILL BE DECIDED
FOR THE NAMA SANATORIUM
Brian Lehihan cannot
for the life of him and his political party tell the Irish public that
the nation is bankrupt and sinking into a financial morass.
That would be political hara kiri and unthinkable for our noble warriors.
We Irish lack a sense of responsibility as a nation.
It is vitally necessary to maintain the banks existance because they
are the arteries through which the money that gives life to the economy,
Therefore he took Bacon's solution and invented NAMA. The banks will
be allowed to exist with just enough capital to float and lots of hope
but without that weight of debt that makes them hopelessly bankrupt
as they now are.
This creature will become a repository for all those losses or toxic
debts or whatever you want to call them just to preserve the banks which
would otherwise close their doors. Everybody's savings would be lost
forever and it would be back to the land and allotments for urban dwellers.
That is the nightmare scenario he cannot tell us about because he and
his mates Cowan, Bertie and co caused it.
Commentators dont seem to understand the purpose of NAMA and continue
to debate the valuations of assets etc without recognising that the
purpose of NAMA is simply to transfer all the bank's losses into one
big pot to be set aside and financed by massive government borrowing
that will swamp the taxpayers with a massive annual interest bill.
Its about FF trying to cling on to power by throwing a flimsy lifebelt
to a drowning man after walking him into the deep.
Fianny Gael and Labour cannot solve the mess either but like all politicians
they bullshit that they can do better.
They all distorted the market for all property and undermined it with
planning laws that restricted land owners and developers from supplying
what the market demanded. Government schemes, planning and zoning and
consequent corruption has cocked the country up completely and now we
are looking into the abyss with a supply of houses and commercial white
elephants that is undermining and devaluing all the existing older stock
of buildings and placing a burden on the state that will be felt by
Hopefully that will explain the valuations to be placed on the white
elephants necessary to keep the banks doors open because if they close
we are all stuffed.
2nd Post on this
Most public service
workers get paid through the banks monthly. Most commercial companies
and businesses pay their workers through their bank accounts, weekly
or monthly. Most businesses and individuals pay their bills by cheque
and accept cheques from each other.
Traditionally thrifty people saved their money in the banks rather than
under the matress. So all those people who have money, have it invested
in the banks earning interest.
If the banks closed, those depositors would lose all their money and
people with mortgages would have nobody to pay. It would be the end
Traditionally banks lent the depositors savings out to entrepreneurs
at higher interest rates and that was how they made a profit.
Loans were leveraged so that they could safely lend out several times
what they held on deposit without running the risk of a run on the bank
if savers panicked and suddenly wanted their money back.
Most savers left their money there indefinetly and that bred complacency
by the banks which led to them taking risks to make more money with
other types of lending.
They developed derivitive trading, Nick Leeson style, which effectively
means they were playing roulette with depositors money.
What had traditionally been the most conservative of institutions became
casinos because of US style bonuses that were geared to profit and risk
Government and regulators failed to see these developments and prevent
Credit unions and building societies have most of their money in the
banks also so they are as I said the arteries through which flows the
life blood of economic activity or the oil that lubricates all commercial
We would be back to barter and peasant farming without them.
3rd post on this thread.
on. The only thing saving Ireland Inc thus far
is the fact that we are tied into the Euro club. Our Euro partners must
be looking for ways to ditch us and Lisbon may provide that.
We have become a danger to the greater European project
because of our recklesness in building so much unsustainable houses
and commercial buildings which Europe will now have to support by loans
to nurse us along. That will of course mean that our sovereignity as
a nation is shot because we are in hock.
The underlying cause of the debacle is unsustainable development built
to the drumbeat of planners permissions distorted by schemes, bribes
and tax breaks rather than built to meet demand in a level playing field.
Builders raced to build if they got planning permission as if that was
a guarantee that the houses would sell.
Planners only considered roads, bribes, sewers and water etc etc. These
bureaucrats knew nothing about sustainability or demand and spiralling
cost meant nothing to them.
Now NAMA will be the repository for all those bad loans
to builders so that the banks can survive. Valuations or haircuts as
they refer to the discounts, are not so much important as to save the
banks. Its panic stations and in that situation one resorts to extreme
measures as a drowning man will grasp any straw.
If our politicians ever waken up, you will know it when they cut their
own salaries by half. Until that day, dream on into the abyss.
Some lone voices did cry in the wilderness but got no votes and no oppertunity
to put their case to the people.
dated 19th August.
'one off housing to be banned'
Rural people don't "own" the country
side, no more than urban dwellers "own" the city. I'm not sure where
you're getting this us/them mentality from.
The struggle for
national self determination of the Irish people was mainly a struggle
for the ownership and control of the land. Irish people are
mainly a rural folk who were sustained over the centuries by what they
extracted from the land in crops and lifestock products. Post the famine
trauma, land ownership became more and more a pressing issue of life
When we finally got the land after murder and mayhem and got most of
the British landlords to give up their grip on it we divided it out
amongst the farmers who were landless and the ones who rented their
farms from British landlords became the owners on their own small holdings
subject to the rents then payable to the Irish Land Commission.
A Dublin house owner was free to do as he wishes with his home or land/garden
or that was the thinking behind their support for the struggle for liberation
and they achieved that. Then after all that struggle against the British
administration our very own FF leadership brought the planning laws
on to the statute books in 1964 that took all our ownership rights to
develop away from us at a stroke and we accepted it because at that
time nobody had money to develop anyway so there was little resistance.
If you look at our constitution of 1937, property rights are fully respected
and that was incorporated into the Planning laws section 4, where you
will see that there was an exemption for agriculture and any buildings
used for that purpose but that is little known today.
In fact any Irishman can build a house for himself on his land without
permission, if it is used for that purpose.
Actually I have done just that and informed the local council but they
never came near me.
You must all be well aware that it was the planners and the developers
who have screwed up this great nation with seven years of unsustainable
building that took no cognisance of the market demand and now we have
so much surplus housing stock that it is undermining the rental and
capital value of all the traditional old buildings, not to mention making
us a bankrupt nation.
So urban dwellers do own their city or their corner of it but they have
allowed the councils and in particular the socialist or landless to
dominate the landscape and demand free housing into the bargain. The
republic has become a socialist republic with everybody owning everything
or pretending they do and screwing up the lot of it.
Remember it was the planners who designed Ballymun and Moyross, just
two of their older white elephants while landowners in every age built
houses to meet the budgets of all buyers rich or poor.
Post dated 21st August
to the Constitution.
The planning laws enacted
in 1964 were repugnant to our constitution and they were never challenged
in the supreme court.
They undermined the right to own property by the individual and put
all use of property and land in the hands of bureaucrats and planners
and they together with their political masters have produced this herd
of white elephants that we now see crystallising all over the landscape
and which have bankrupted this nation.
Looking for solutions now is futile.
As a nation we are screwed and waiting to be squeezed more and more.
Our FF leaders have screwed up big time and no legal changes or strategems
can get us out of the mess we are in.
To re establish a stable market we must dump the planning laws as a
priority but nobody has addressed that elephant in the room yet.
Correct. Because people [ including
businesses in the legal 'person' sense ] had a tendency to build shite,
either poorly architected, badly/inappropriately sited or with no
thought at all beyond an immediate profit . Those laws were intended
to stop that.
That was the mantra of
the law makers who brought the planning laws into being.
Just look at the record of white elephants
that they produced. Start with Ballymun, Fatima Mansions, Tallagh before
the roads were finished and shops and schools built.
How about the shite that was built before the planning laws came in?
They have that shite all as protected structures and listed buildings.
The last thing any developer wanted was a white elephant that he couldnt rent out or sell but the
planners forced builders to mass produce those creatures.
The architects never criticised the planning laws because they grew
fat on the work that was heaped upon them and kept silent about the
madness of the planners.
Builders in the celtic tiger era went mad with greed as they knocked
up' shite , poorly architected and badly/inapporpriately sited with
no thought at all beyond an immediate profit' to paraphrase you.
Sure, the planning laws stopped the builders from competing to sell
good quality houses where a badly designed or finished house would be
unsold if there were better houses down the road.
The cowboy builder thought that if he got planning he was guaranteed
to sell and they were until the bubble burst.
metalmike wrote. Noel
O'Gara should be appointed patron saint of the Celtic Tiger - he is
the epitome of all it stood for.
you are quite delusional
in that statement because the celtic tiger was a period of massive house
and property inflation that went hand in glove with developers getting
planning permissions for apartment blocks and housing schemes that they
built as quickly as possible and used mortgage brokers who were often
the same retained auctioneers who sold them in order to arrange finance
to help young couples to buy them in a hyped scramble of euphoria.
O'Gara never looked for planning permission, neither bought nor built
any houses or flats in those years. He recognised that the planning
laws had distorted the market place and Ireland was rushing headlong
into an unsustainable housing free for all because planners were handing
out permissions for a pyramid of houses that could never be occupied
and would cost the earth because of the high price of zoned land and
planning and related fees.
He tried to shout stop but nobody listened to him or voted for him because
they were much too interested in getting in on the act to get rich with
When he put his name down for the election the media ignored his assertions
about planning and never gave him airspace to put the case.
They repeated that in the recent byelection when they hyped George Lee
as the chosen one with blanket coverage and George was and is a perfect
academic with no experience of business.
O'Gara used Dartmouth Square to show how the planning laws had taken
all rights from the landowner and how the judiciary blindly back the
bureaucracy. The media portrayed him as taking the park from the children
when the council actually stole two houses from him and for several
years havent compensated him but try to put his title down and render
So O'G was not in it for the money. He showed up how ridiculous the
land values were when he asked for 175 million for the square because
McNamara paid 90 million an acre for the Burlington just at that time.
He knew those prices were totally off the wall and unsustainable and
he told all who would listen but you got the media spin because you
couldnt see the real game.
He didnt want to sell it for any price because he doesnt want the money.
He has enough to get by.
The patron saints should be Dunne, McNamara and his band as well as
Some of my posts have been removed from the
propertypin website because they were not politically correct and have
moderators who try to control the agenda to suit their own purposes or
just because they dont want to hear or allow to be heard, views that conflict
with their own.
O'Gara on the Late Late Show with Pat Kenny.
MANIFESTO IN THE 2007 ELECTION
TO MINISTER LENIHAN IN JANUARY 2009
VISION FOR IRELAND
HAVE THE PRESENT GENERATIONS OF IRISHMEN AND WOMEN FORGOTTEN
THAT THE DRIVING FORCE IN THE STRUGGLE FOR NATIONAL SELF DETERMINATION
WAS THE NEED TO OWN THE LAND? HAVING ACHIEVED THIS GOAL AFTER SO MUCH
HARDSHIP AND STRUGGLE BY OUR PARENTS AND GRANDPARENTS, HOW DID THE PRESENT
GENERATION ALLOW THE BUREAUCRACY TO ASSUME ALL RIGHTS TO THE USE OF THE
LAND FOR EVERYTHING FROM PARKING YOUR CAR ON IT TO PITCHING A TENT ON
THE IRISH PEOPLE EMERGED FROM CENTURIES OF APARTHEID, FAMINE
AND REPRESSION AS INDEPENDENT PEOPLE AND OWNERS OF THE LAND AND EAMON
DEVALARA AND HIS MINISTERS TOOK THE LAND BACK TO THEMSELVES WITHOUT A
WHIMPER FROM THE PEOPLE. THIS WAS A BREACH OF TRUST BY FIANNA FAIL THAT
WILL BE SEEN IN TIME TO COME AS TREASON.
THE ECONOMIC FAILURE NOW LOOMING ON THE HORIZON WILL LEAVE
US ALL POORER FOR GENERATIONS TO COME NOT TO MENTION THE NATIONAL HUMILIATION
AND LOSS OF SOVEREIGNTY THAT FINANCIAL RUIN BRINGS ON US ALL. WE COULD
BECOME THE SICK MAN OF EUROPE ALL OVER AGAIN.
THE ONLY WAY FORWARD MUST BE A RETURN TO THE PEOPLE OF THEIR
RIGHT TO BE OWNERS OF THEIR LAND AND THAT WILL ENSURE MARKET FORCES WILL
PREVAIL RATHER THAN PLANNERS' DREAMS AND GOVERNMENT SCHEMES FOR EVERYTHING
THEY UNDERTAKE, DREAMS AND SCHEMES THAT HAVE UNDERMINED AND REDUCED US