There is quiet these days about the Corrib and Shell. I wonder why? Maybe Shell are approaching closure for this endeavour.
What are the future plans for oil and gas in Ireland? Who has the real vested interest? I note Tullow Oil (origin Ireland) but now heavily involved in prospecting in the African continent appear to be doing well. Tullow have embraced the resources industry in Africa inspite of the risk factor. They are successful Operators in the business and mirror the likes of Exxon, Shell, and other corporate leaders. Well done to an Irish company who made it good in oil prospecting. I note their share prices are moving upwards.
The Lisbon Treaty made it through the second time. Do people realise how significant Ireland is to the EU (and this was recognised by the EEC back in 1973) when we joined? Well, we are the Island of Ireland and we are rich in our ‘seas’ but we forfeited our fishing rights up to our shores as an ‘price’ for membership. It is time for the Government to review ‘the deal’ we give to prospectors of our natural resources. We need to value of natural assets and more importantly to be aware of them and their value. What has happened to the Gold prospecting in Ireland? If you watch the global markets, gold is the recommendation for ‘Buy’.
Equities are out of fashion at the moment. Obama, one year as President is peddling ahead with his social conscience intact but alas causing democrats to weaken their allegiance and support to this man of vision and change.
Times of Recession are an interesting time to start looking at stocks and shares. It is good if you have a social and ethical perspective because you see companies who have been riding high on the ‘greed motive’ being brought to their knees and ultimately humbled, if not imprisoning negligent risk taking executives for illegal pratices. Watch this space re. bankers, developers, politicians etc.
European Mega companies have been humbled also. Unions became too strong in countries like Germany (e.g. Volkswagon, Siemens and others) and union leaders lost sight of their vision in favour of high salaries, perks, luxuries at the expense of the workers they are supposed to represent.
Ireland must ask questions here. How much are the Union Leaders receiving as salaries, perks etc? Strikes are being called willy nilly these days and I wonder ‘who is doing the thinking?’
With Independence came depression for almost three decades. There was survival as an independent state which has to account for something. Why?
We believed our wealth was in our soil and that includes the sea and of course, our people and the contributions of our diaspora.
If the Corrib is concluded in the not too distant future, we need to be aware of the other oil companies we have presently prospecting for oil and take control of the concession taxation we have given them and seek a greater proportion of Royalties. Providence is one of these companies and it is interesting to follow its history i.e. back to the 1980’s Atlantic Resources headed up by Sir Tony O’Reilly then just Tony O’Reilly.
Add to this our wealth in literature; our acquaculture; the potential in our universities; in our research potential, our heritage and of late the Peace Process and the Unity of Ireland.
Michelle Clarke (Forster)
Original article: September 30th, 2008
5th February, 2010
Well done Kevin F. Good photography also.
Hope you are feeling well after that dedicated week with no food outside the GPO before Christmas.
Absolute power corrupts and power corrupts absolutely or something to this affect.
People must stand accountable and it is now the time to ask members of the Church to come forward and make the necessary legal statements about crimes committed under their auspices.
The Boston Globe (well worth reading their book on Betrayal and the Catholic Church) kicked to touch on this topic over a decade ago. It is time for the Irish to do some piggy backing on US research and findings and look to the Church for financial reparations.
It is said that in 1997 the Catholic Church land values were worth IR£1 billion. We know a lot of this land was sold. Where did the money go? I would suggest it is gone to the Vatican bank yes it left Ireland…..if so, who has the money now? What is the value of the holdings now?
Kevin I am coming back to the word you used that has really made me think – you spoke about the sanitisation process. You are right, religious orders have become cameleons and have reappeared in places like All Hallows focus on say a different type of education and also places like Maynooth.
Then there is the powerful Opus Dei at Lismullin – a benefiary of the FAS Betac education grants etc. They are also supposed to be providers of student accommodation on University campuses. I ask and my reason is well founded ‘at what cost to the beneficiary’? I suggest it is in return for secrecy and life time commitment.
One more question. By comparison to child sexual abuse, it may be secondary but does anyone share with me the power of the church to grant an annulment to a 15 year marriage; after the state has granted one a divorce in court and in favour of a husband who left the marriage for an affair with another woman (children as proof of relationship) inspite of the critical ill health of his wife of 15 years.
The Church usurped the woman’s status and the question is was Opus Dei the driver in preference to the new adulterous relationship rather than the commitment the marriage vows are supposed to represent?
Kevin. I have written to Archbishop Martin etc. etc. They choose not to hear. I applaud your persistance.
The words of Jonathan Swift come to mind only the meaning is in reverse. The Church okay have the knowledge but they are blind. Swift said ‘Give Vision to the visionless’
Where did the proceeds of the sale of Irish Catholic Church property end up (Follow the Money)? Is it in Switzeland or Lichtenstein or even the Virgin Islands? Or maybe just maybe, you get a good financial interest rate return for hidden funds at the Vatican bank…….
I wholly endorse this.