What should we do with the iconic Central Bank building on Dame Street? Imagine if we did something creative. Rather than sell it off to be turned into a hotel (which is the plan), why not turn this fantastic site into a start-up hub, offering extremely low rents to start-up companies, right in the centre of the city?
If we are serious about being seen as a start-up nation, the State has to make some big statements.
And what better statement than offering the symbol of a failed old Irish institution (a central bank that missed a massive property/credit bubble) to new Irish companies about to make their mark on the world?
It is a brilliant building to work in. I know because I myself worked in it. The views from the upper floors out across the city, past Trinity and on to Howth, are breath-taking.
It is right in the centre of the city, close to buses and trains. It could be a symbol of what Dublin could be. Symbols matter. Branding matters.
The state that prioritises helping new companies which will drive the Irish economy in the future over yet another typical property deal is a state that is serious about business.
Buildings can be more than bricks and mortar, they can stand for something and they have potential to generate a life of their own by being the centre of a living, breathing, 24/7 commercial ecosystem rather than yet another expensive city hotel.
The Central Bank owns the building, but as the Central Bank is an arm of the State, transferring the building over to start-ups would be as simple as one part of the State, the Central Bank, debiting another part of the State, let’s say Enterprise Ireland.
As we, the people, own both of these public institutions, there doesn’t have to be any actual transaction. There is just a debiting and crediting of State accounts and the deal is done.
The Central Bank doesn’t need the €60m quoted for the building because the Central Bank has loads of money.
It makes its money through charging interest on money that it prints for free. Imagine, printing money for free (which is what it does) but charging real interest to banks on that money? It’s like creating income out of thin air, a sort of monetary magic, if you will.
By converting the Central Bank into a start-up hub, it would lower rental costs for new businesses and create a vibrant place for young companies to work together.
Already Ireland has a huge multinational presence, and world-class multinationals engage with start-ups. In fact, almost all multinationals have programmes for start-ups. Wouldn’t it be a great signal to send to these multinationals that the State is supporting start-ups in a real and meaningful way?
Irish start-ups are blessed with lots of talent here on our doorstep. For example, nine out of the top 10 global software companies are in Ireland, as are all 10 of the top 10 ‘born on the internet’ companies, 15 of the top 20 medical technology companies, and nine out of the 10 biggest global pharmaceutical companies.
The start-up scene is vibrant. From medicine to music and semi-conductors to security, Irish entrepreneurs have built a broad spectrum of businesses that explore new ideas and disrupt stagnant industries.
In the last six months alone, €344m has been invested in Irish companies, with a total of €1.5bn in investment over the last three years.
In 2015, the total amount of money raised by Irish start-ups increased by 30pc to €522m. This was split almost evenly between Irish and foreign investors. In the first nine months of this year, over €540m has been raised by Irish start-ups.
Right now, there are 2,250 start-ups in Dublin. There are the same number in Amsterdam — but Amsterdam has three times the population of Dublin.
So all this is positive — however, there is no space for start-ups. Rents are high and a staggering 40pc of start-ups are operating from home. This means that there are no economies of scale. Each company has to do almost everything in terms of management and infrastructure costs.
If there was a dedicated ‘hub’ based in the centre of the city, lots of small companies could share these costs, bringing down overheads dramatically.
This is where the Central Bank building on Dame Street comes in. Can you imagine what making this available to new companies could achieve?
In addition, think of what doing something like this does to the brand of Ireland as an enterprise-friendly place to do business?
Ireland’s brand is crucial to investment. Brand Ireland is what I call Ireland’s ‘soft power’. Soft power is the power of persuasion, not force. Soft power is all about getting people to do what you want, without forcing them.
So hard power is the heavy traditional powers of, for example, the military. Soft power, however, is the light, novel power of the imagination.
It is the hidden economic power of the arts, of bold statements from a government, like handing over an iconic building to start-ups, rather than flogging it to the highest bidder.
We should never underestimate soft power.
For example, it is now well known that the bosses of Google and Facebook sought out Bono’s opinion before investing a huge amount of money here. Why was this?
It was because of the soft power that U2 created for this country over the years. This is incalculable. Bono’s connections and U2’s soft power was crucial.
Soft power is the power of the imagination and, for small countries trying to compete with the big boys, it is an essential part of our image.
You build a brand in small steps, over time. But you need to begin somewhere. Wouldn’t using the Central Bank building, the scene of past policy failure, to launch a new Ireland, a start-up nation, seem like an excellent place to start?
David McWilliams hosts the Kilkenomics festival from November 10-13th
Location Location Location – A great message to the entrepreneurial world.
A pretty good idea, its got my vote!
Love it, great idea, with maybe a showcasing of Irish Irish goods did at retailers at ground floor level. Directly across from Trinity, you call the building something like the institute for Irish Enterprise, have visiting lectures there on entrepreneurship, finance, operations and sales and marketing in relation to Irish Enterprise e.g. managing brexit, currency risk, etc, etc.
With the right approach the relevant authorities could hit a home run here.
I read it yesterday in the Indo and couldn’t wait to congratulate him on his brilliant suggestion this morning here on his blog. It will be a shame if the Irish Government does not take it up. I had tended to dismiss David as just another Dublin rugby-playing west-Brit, but now I’m not so sure. Perhaps Irish blood flows in those veins after all.
Sub
Feckin’ great. A highrise for hipsters. Aren’t there enough of them hairy feckers around? Why can’t they be banished out to some dilapidated ghost housing estate? Oh no, it has to be ‘cool’ and ‘edgy’. Prime real estate in the middle of town. Forget the tourists (folks who drop serious cash into the struggling economy) and the great location for a statement hotel. No – hand it over to the spotty faced young men who will invent apps tellin’ you where’s the nearest place for a good slash.
“The Central Bank doesn’t need the €60m quoted for the building because the Central Bank has loads of money. It makes its money through charging interest on money that it prints for free. Imagine, printing money for free (which is what it does) but charging real interest to banks on that money? It’s like creating income out of thin air, a sort of monetary magic, if you will.” Well, well, finally a mention of the nefarious activities of the Central Banking system. The central banks creating money from nothing and charging interest on it is the crime of the century,… Read more »
How about calling David’s great idea “The Central Brain Bank”?
Jeffrey D. Sachs has just received the UCD Ulysses Medal. Does he deserve it? Let’s look at his achievements. Yes, he did end the hyperinflation in Bolivia, but he didn’t solve the Bolivian poverty problem. Prof. Sachs remembers telling Bolivians in power: “If you’re bold, you could turn a poor, land-locked, hyper-inflated country into a poor, land-locked country with stable prices”. What about his record in Poland? In an interview for the prestigious “Dziennik Gazeta Prawna”, Witold Kiezun, a former economy professor at the University of Quebec, who served as a Chief Technical Advisor of the United Nations Development Programme,… Read more »
I have found this picture on someone’s Tweeter (called: “Syrian women and children leave Calais”). I thought it was gas: https://twitter.com/delestoile/status/790623609341575169/photo/1?ref_src=twsrc%5Etfw Translation of the tweets below (which would be a typical Polish sense of humour – much more sophisticated than Hillary’s famous radio “I roll with hot sauce” about the Blacks): “Matt Kertz: there are growing so fast, last year they had been so little Michal Kuran: I knew that you could suntan on the French Riviera, but on the North? Magdalena Bak: you are picking up on these women. They are all training 800m runs :-) Daniel Muszynski: I… Read more »
I am baffled at how Bono recommended Ireland as a location, considering he is located in the Netherlands, for tax purposes himself.
There is a certain hypocrisy between what Bono does, and what Bono tells us about himself.
Turn the CBoI location into a bus depot.
The biggest problem in the Dublin bus transport system, is the fact that the buses do not join up in one location.
Knock that ugly monstrosity.
And turn the streets nearby all into bus traffic only. And then have the location as bus depot.
It would solve the traffic problem in the city centre.
One central bus transport hub for Dublin bus, and Bus Eireann.
BusAras. Much better than the existing one which is out of centre, and only works for regional buses.
I know that this may interest only few people, but as someone who witnesses on a daily basis people being harshly punished for dubious offences such as TV license or the possession of cannabis (and having many friends who use cannabis I am NOT a friend of them – I think that in the long run, it does worsen your memory, IQ, and life motivations; besides, did you ever see any chess player on the Candidates Tournament who smokes pot????!!!!), while many people responsible for serious, repeated offences, are not in jail (with suspended sentences at worst or on caring… Read more »
Putting a hotel in Dublin “H” will prove to be loss-maker because Dublin, & Ireland, & the Irish, have not been lazy in losing whatever good name they had. . Reasons for the increasing notoriety include : . 1. Most Irish have become a coarse & vulgar people. Ref. German Ambassador speech to German Industrialists . 2. Most Irish are becoming : 2.1 immoral 2.2 ammoral . 3. Most Irish officialdom is horrible in their manner when dealing with the public. . 4. The streets of our cities & towns are festered with dangerous people dealing & pushing & using… Read more »
Who owns the Central Bank of Ireland. http://news-beacon-ireland.info/?p=17990 “During the convenient distraction of World War 2, the House of Rothschild (via Ireland’s 8 joint stock banks) gained control of our new Central Bank with the enactment of the Central Bank Bill of 1942. (Came into force on Feb 1, 1943.) In a stroke of both greed & genius, the joint stock banks would own the credit (profits) of the Central Bank while the people would own the liabilities. (Ring a bell? Bank of England, Federal Reserve, ECB, etc.) (Additonal reading recommended regarding the Federal Reserve Bank of the USA –… Read more »
http://republicirelandbank.com/?p=801 “”Does it matter? The passing of The Central Bank Act1942 has meant that all credit/money since has been issued by the CBoI as debt with interest due on it through the Private Banks in Ireland; the only exception to this is the 4% notes and coins in the economy, 96% of money in the economy is now electronic; digits on a computer. The interest paid to private banks is taken out of the community and often out of the country. Interest averages out between 35 to 45%, ranging from 12% on refuse collection to 75% on rented accommodation. (Prof… Read more »
“The state that prioritizes helping new companies which will drive the Irish economy in the future over yet another typical property deal is a state that is serious about business.” The state should not be in the business of business. There are only two legitimate reasons for the formulation of the state. People agree to band together to assist each other. Usually based upon a commonly agreed philosophy. There are always deviants and predators. The first function of the state is to enforce the agreed rules of behavior within the society. That is to protect the individual from the predations… Read more »
Mr McWilliams is right to say that: Already Ireland has a huge multinational presence, and world-class multinationals engage with and have ‘programmes’ for start-ups. So we might want to consider these questions; in what way is it that multinationals and their Government bedfellows engage with ‘start-ups’ and what is their ‘programme’ for them? We would be led to believe that this partnership of Government and multinationals welcome start up business, possibly by virtue of their abundantly charitable nature, how they must relish competition, no doubt. Who really believs that the Corporate State alliance is or is there to support start-ups… Read more »
Send a message to the world — give the Central Bank to start-ups. Send a stronger message to the world. close the Central Bank currency fraud of debt based money. Ban Fractional reserve commercial banking’s debt based issuance of currency. Put the nations currency production, issued free of debt and interest, in the hands of treasury. Repeal the legal tender laws. Allow the circulation of gold, silver and copper coin as money. There is just enough time left in 2016 for this to be an anniversary event. Throw off the final shackles of imperialism as practiced by the money lenders… Read more »
https://www.youtube.com/watch?v=GOnwpOXB_MI
BREAKING: Michael Moore Admits Trump Is Right
Expert: Trump has Already Won Election
https://www.youtube.com/watch?v=3Yx7y1-p0oE
Subject to the fact that a George Soros controlled company is employed in the electronic counting for 16 states. Can you smell potential fraud. 60% of Americans can!!
Here is another very good message to be sent.
http://www.thedailybell.com/news-analysis/uk-may-prosecute-top-banking-officials-in-public-sham/
https://www.youtube.com/watch?v=J-3CapaDwD8
Voter Turnout For Trump Smashes Records
Democrats Attack Poll Watchers: Roger Stone
https://www.youtube.com/watch?v=c2UzPwNRSH8
“why not turn this fantastic site into a start-up hub, offering extremely low rents to start-up companies, right in the centre of the city?” Who are you codding? Do you think that the guberenment will forgo the moola available from selling to the highest bidder? No chance. “a failed old Irish institution (a central bank that missed a massive property/credit bubble) to new Irish companies about to make their mark on the world?” Failed from whose perspective? First of all the building itself is an inanimate object. It is the fuckers in there who “failed” from your perspective. How many… Read more »
I am unsure if this is authentic leaked email per the Goldman Sachs’s Butcher of the Balkans ; Ms. Hillary Clinton ; . Ref. http://countdowntozerotime.com/2016/10/06/leaked-huma-hillary-lesbian-emails/ . “From ; Hillary Clinton Sent ; 12 April 2010 1:19 AM To ; Huma Abdien Subject ; Hope Your “Drone” is Charged Attachmentss ; Naughty132.jpg HUMA, I CANNOT WAIT TO RUN MY HANDS UP AND DOWN YOUR SPINE. BOSNIA IS SO BORING I WISH SOMEONE WOULD SHOOT AT ME AND THE AMBASSADOR FROM GERMANY KEEPS MAKING EYES AT ME. OH HOW I LONG TO FEEL YOUR HAIR – TO GAZE INTO YOUR EYES –… Read more »
Guest writer on Henry Makow’s website ;
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http://henrymakow.com/2016/10/Resident-Satanist-Weights%20.html
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Satanist Weighs in on US Election (Updated)
October 26, 2016
“The next President of the United States of America has been selected and will be Hillary Clinton.
She’s always been ours and will more quickly advance to WW3 with Russia.
Solve et coagula.
As I sent to you, the electronic voting systems can and will use ‘fractional voting’.
I’m told that even Donald Trump hasn’t mentioned this.”
NOTE FROM HENRY MAKOW ;
Fozdyke is usually wrong so Trump fans may rejoice at this prediction.
And, here from Henry Makow personally ;
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Trump will Win — But is he the “Real Deal?”
27 October 2016
EXCERPT ;
Where have I seen this before?
Hitler was false opposition and I am afraid Trump is too.
But false opposition is better than none at all.
I believe Donald Trump will win the Presidential election November 8.
However, as I will explain later, I am hesitant to think that his victory will be a setback for the New World Order.
.
http://henrymakow.com/2016/10/my-trump-victory-scenario.html
p.s.
Ref. info in Henry Makow’s own article ;
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If u are not for Donald Trump to be next President of U.S.A. ;
==> U are anti-semitic.
.
https://www.youtube.com/watch?v=Er3xPXb7aQw
Eustace Mullins re the Federal reserve bank.
Actually, the last thing we need is a national centre for anything in D2. The politicians, with their love of nepotism, and the poisoned ivy netowrks that dominate in Dublin will get involved. And it will be castrate it. Locating it in Belmullet, or Carnsore Point would be a greater predictor of it being a success. On a more serious note, try a location in County Monaghan. People there are entrepreneurial, despite the almost complete lack of natural resources there. Even to the point of being able to make a living in low margin sectors, right beside parts of NI… Read more »
Bono does not have soft power. He no longer has any credibility. It is a case that we in Ireland are soft on lying stains like Bono. He is another green jersey wearing, superficial, patronizing, greed driven, hypocrite. Bono, we don’t want you. Bono is not part of my country. He moved his tax residency when he was asked to pay up. Just a greedy little gombeen, who takes with slurred speech, wears red glasses all of the time, and who lives like a popstar. Bono has got more out of Ireland, than Ireland will ever hope to get out… Read more »
The largely negative reaction on this blog to David’s idea of turning the Central Bank building on Dame Street into “a start-up hub, offering extremely low rents to start-up companies, right in the center of the city” is very disappointing to say the least. We need more positive thinking like that on here and less of these soul-destroying negative posts that are so predictable (and quite frankly boring) every day. The personal attacks seem to have stopped, which proves that this blog could be an attractive place to visit every day. But nobody wants to come here and read the… Read more »
I want to ask this House why Oireachtas Eireann, in the Central Bank Bill, adopts as its own the doctrine that there is some holy right in the joint stock banks of this country to demand from the people and the Government payment for the use of credit money which exists only in their imagination?
http://oireachtasdebates.oireachtas.ie/debates%20authoring/DebatesWebPack.nsf/takes/dail1942071700014
Let’s start the ball rolling on some startups.
Quite a few people require orthopedic or custom made shoes.
The market in Ireland might be huge but worldwide…
Quite a few elderly people are mentally fit but physically wheel chair ridden.
Exoskeleton technolohy anyone.
Headline ;
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This Video Will Get Donald Trump Elected
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https://www.youtube.com/watch?v=OCabT_O0YSM
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Yee may as well, phone ur USA electorate friends tonight & tomorrow for to get their opinion having looked at this video.
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Hoping that Trump will use the military solely for :
.
beingn construction
&
benign reconstruction
+
medical treatment of all citizens on willful basis.
https://www.youtube.com/watch?v=J7eVlOqawW8&feature=youtu.be
IT’S ALL RIGGED [And EVERYONE Knows It] — Andy Hoffman
Where do you stand on these eight pillars of society
Pillars Collectivist Individualist
Source of rights The state The people
Supremacy The group The individual
Desirable action Coerced Voluntary
Property owned By state Privately
Choice of money No Yes
Laws Favor some Equal for all
Leadership By coercion By persuasion
State power Aggressive Defensive
https://www.freedomforceinternational.org/collectivism/
http://www.itv.com/news/2016-10-28/fbi-reopens-investigation-into-hillary-clintons-e-mails/
http://www.goldcore.com/us/gold-blog/trump-will-probably-win-gold-may-rise-100-overnight-rickards/
http://usawatchdog.com/trump-wins-by-landslide-polls-100-manufactured-clif-high/
10 Sep 2013 . Man stabbed in stomach and face outside The Rothschild’s Central Bank, Dublin “H”, in daylight attack The victim in critical condition in hospital. . http://www.thejournal.ie/dame-street-stabbing-1078003-Sep2013/ . . Comments in above link are very revealing. . . And, more about Dublin “H” here ; . Man injects himself in the groin on the Luas A woman who witnessed the drug use said it ‘made her feel sick’. . http://www.thejournal.ie/drugs-luas-red-line-1217890-Dec2013/ . . Surely we should be asking ; On a larger scale of happenings, are we the Irish Nation all along being personally targeted with Heroin importation in… Read more »
Interesting-Interesing-Interesting on Henry Makow tonight ; Makow’s preface Boyle’s article Comments . Preface from Henry Makow ; . I predicted Trump will win and asked my readers what the Illuminati’s game plan is. While most readers favor Trump, Kevin Boyle and others suspect his real role is to lead Americans into WW3. Americans would never follow Hillary into battle. . http://henrymakow.com/2016/10/Trump-Victory-Necessary.html . . I, Truthist, have suspicions about Trump ; I say this even though : 1. it is vital that he be President rather than Hillary Clinton, & 2. much of his policies economic [ e.g.’s tackling the main… Read more »
https://dollarvigilante.com/blog/2016/10/28/washington-prepares-emp-internet-attack-since-transfer-un.html
Washington Prepares For EMP While Internet Under Attack Since Transfer to the UN
OCTOBER 28, 2016 / JEFF BERWICK / 1 COMMENT
Remember how we pondered whether the internet would be shut off (or highly censored) upon being transferred to the UN on October 1st? Just a few weeks later, large swathes of the internet went down. Coincidence or trial run?
The Rothschild’s endorsed Hillary Clinton street gang VERSUS The AIPAC’s / Adelson’s endorsed Donald Trump street gang.
At least in USA u can choose between 2 different street gang.
Apparently, in Canada u can only choose between Gerry Schwartz gang or the Gerry Schwartz gang.
Impeachment specials:
http://www.paddypower.com/bet/politics/other-politics/us-politics?ev_oc_grp_ids=2637256
A Presidency From Hell ? “This election is not over. But if Hillary Clinton wins, a truly hellish presidency could await her, & us.”– Buchanan.org By Patrick J. Buchanan Should Donald Trump surge from behind to win, he would likely bring in with him both houses of Congress. Much of his agenda — tax cuts, deregulation, border security, deportation of criminals here illegally, repeal of Obamacare, appointing justices like Scalia, unleashing the energy industry — could be readily enacted. On new trade treaties with China & Mexico, Trump might need economic nationalists in Bernie Sanders’ party to stand with him,… Read more »
Friday, 28 October 2016 WIKILEAKS & WAR HAWKS ; DEEP STATE DUMPS CLINTON ? . http://aanirfan.blogspot.com/2016/10/wikileaks-and-war-hawks-deep-state.html Trumps pick for Vice-President — Pence — is someone I deeply distrust. . Even though I note that Aanirfan is endorsing Hillary Clinton & certainly going full out to denigrate Trump, I think that they are correct in being very negative about Pence. . If Trump is going to be a real hero, for he to get the opportunity he most likely had no alternative but to stack up with the Neo-Zio Hawks ; And, that is what he has done. . But, as… Read more »
http://needtoknow.news/wp-content/uploads/2016/10/TrumpThreatDemocracy-cartoon480-2.jpg
https://www.youtube.com/watch?v=1PkiitqqAFA
“”Gowdy, Jordan, Chaffetz! They are As Guilty As The FBI! It’s All A show! Trump Will Respond!””