Morgan Kelly - a legend

[montycardigan]

Morgan Kelly is writing a compelling, credible, prescient narrative with integrity and passion. I have no doubt in time but his work will be required reading of those who seek to understand what went so badly wrong. He is not alone – others McWilliams, Gurdiev, Whelan, Hourihan and Lee have all been proved right when so many said they were wrong.

[oceanclub]

Morgan Kelly is writing a compelling, credible, prescient narrative with integrity and passion. I have no doubt in time but his work will be required reading of those who seek to understand what went so badly wrong. He is not alone – others McWilliams, Gurdiev, Whelan, Hourihan and Lee have all been proved right when so many said they were wrong.

"If you do a Morgan Kelly on it, you will not be taken seriously." - Brendan Burgess, 16 April 2010:

Morgan Kelly on Bank Robbers - Page 5 - Askaboutmoney.com

I hearby award BB the Hiroo Onoda Memorial Medal for stubborness.



"Second Lieutenant Hiroo Onoda (小野田 寛郎 Onoda Hiroo; born March 19, 1922) is a former Japanese army intelligence officer who fought in World War II, and did not surrender until 1974, having spent almost thirty years holding out in the Philippines."

http://en.wikipedia.org/wiki/Hiroo_Onoda

P.

[roc_]

Are you seriously suggesting that more people would not have bought at that time? Thepropertypin was set up and could surely have been used as a sounding board.

It is not Brendan Burgess's duty to tell people not to buy property. People have to behave in a responsible manner and make their own decisions.

AAM was then and still is the primary source of Irish financial information on the internet. The 'pin was tiny in comparison.

People make decisions based on the information they are fed - but they were fed spurious information conforming to a narrative promoted by vested interests from government, property and the banks. Burgess had deep connections and investments in all three of these vested interests. His actions as owner of the site speak for themselves.

[captainwillard]

People who bought can only blame themselves. People cannot abdicate personal responsibility for their poor financial decisions.

[Libero]

Here's an apparently authentic apology to Morgan Kelly from a one-time high-profile opponent...

The Irish Economy Blog Archive Profile of Morgan Kelly

[yoganmahew]

People who bought can only blame themselves. People cannot abdicate personal responsibility for their poor financial decisions.

Who do people who were silenced blame?

[Kalan]

Irish political economy continues to be enlivened by Professor Kelly; we are surely lucky that he did not take Bertie Ahern's advice to the so-called 'nay-sayers'. Maybe Ahern should apologize? fat hope.

[Vote_No_on_Everything]

(a) if the discussion of house prices had not been banned on AAM do you think more people might have avoided severe hardship and negative equity? I would say very many more could have avoided this fate if open discussion had been allowed.

(b) how can you defend a guy who abused his position of responsibility to take every opportunity he could to shill and protect the banking shares he was very deep into. He is a man severely lacking in integrity - a small, self-important, self-interested man.

(c) You are talking about the tone of the thread, I suspect. You probably have similar objections to the tone McWilliams uses (as Burgess has). But what you are hankering after is the tone of the status quo. However, we are talking about discussion that is at odds with the status quo.

What is or was AAM mentioned above?

[Analyzer]

Since about 2006, Morgan Kelly has been on the money.

However, bear in mind that McWilliams seen this coming since 1998 - which is an even more remarkable acheivement.

[Lonewolfe]

Morgan Kelly is a great person. A pity his warnings were not heeded in 2006. He predicted no soft landing only a real crash. But Bertie and Biffo would not listen

Kenny and Gilmore ain't listening now either!