Confiscations and the Rule of Law

The process of confiscation even for the  Common Good is not easily reconciled with our constitution .However compulsory purchase orders , the manipulation of loans and now the introductionof NAMA  has made commonplace asset seizure  the economy has been weakened to the point that assets can be accumulated by ‘vultures’ associated with illegal elements and indeed political and former political elements which is totally corrosive of our society .It is a matter of public record that onthe day or days of nationalisation  of Anglo Irish one developer received sums of 700,000 million and transferred those to the Isle of  Man whereupon the assets were then placed with NAMA where they became the responsibility of the State .