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The views and opinions expressed are personal and those of the authors and contributers to this blog. They will be provocative and challenging to the common held views of many credit union leaders and activists. They are meant to be.
ILCU LAUNCHES A JIHAD FOR LIGHT TOUCH REGULATION

Friday, 22 August 2008

Millstreet Credit Union and the Tsar of Russia

“Let the Tzar of Russia beware, this Skibbereen Eagle has its eye on him”

It seems the spirit of the Skibbereen Eagle is alive and kicking in Millstreet Co Cork. Its response to the voluntary Consumer Protection Code for Credit Unions brought some light relief during a wet August.


Sir,

As regards the above proposed code, we think it is unnecessary
and unwarranted. There are, already, more than enough rules and regulations
governing credit unions. We are aware that this new code is being pushed by the
EU.

EU thinking is driven by the Liberal-Left, who want to control everything. These people are the heirs to the so-called "Enlightenment" of the 18th Century.

This led on to the French Revolution with its massacres of innocent people and the "Reign of Terror".

Later, this thinking led to the rise of socialism, Marxism, communism and Naziism (National Socialism), all springing from the same root.

We do not need that kind of thinking in Ireland

The people who started credit unions, 40 to 50 years ago, set out to give a service to their communities. If they could have foreseen attempts, over the past few years, to impose totalitarian control on credit unions, they would never have started them, in the first place.


This new code, added to the impositions of recent years, is a recipe for driving all the volunteers out of credit unions; as they will not stand this type of tyranny.

Irish politicians and Irish civil servants seem very anxious to stand on
their heads to prove what good Europeans they are. The voters of Ireland,
recently, sent a message that they are not impressed with this craven mentality.

Irish civil servants, who are paid by Irish taxpayers, should serve the Irish people, and not some foreign masters.

Yours faithfully,

Dermot Kiely
Treasurer


http://www.financialregulator.ie/data/CF_Files/Millstreet%20Parish%20Credit%20Union%20Limited.pdf

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