Denis Ryan has become an internet hit with his two-minute rant against “banks developers, and politicians”, which had received over 1.3 million hits on Youtube. (And if you haven’t seen his legendary outburst yet, it’s below.) Last week, Newswhip editor Paul Quigley talked exclusively with Denis, thanks to our top-secret network of Limerick-Canada connections.
Denis Ryan – from Newport, Co Tippereary – diagnosed Ireland’s problems in a heartfelt and hilarious two-minute video.
Youtube commenters consider him the best economist ever. Take that, McWilliams and Gurgdiev!
Here are his thoughts, uncensored for your reading pleasure.
Denis has lived in Canada for many years. He explains how on trips home he could see uncontrolled development, as builders put up “shitbox” housing.
“The developers were making a piss pot full of money and there was no control by the planners or the county and city fathers,” he explains. “You can’t stop progress and I’m anything but anti-entrepreneur, but it was the way it was done. The developers and bankers and politicians seem to have been in cahoots. It was driven by greed, greed, greed and more greed.”
“There was no control, they just went nuts. We just went out of control, driven by a few people.”
How the famous Youtube video came about
“I’m associated with the financial business here, and I had many people asking me what I thought of the crisis. I got so pissed off with what was happening that I decided to make a video and put it up on Youtube and tell people that they can go and look at that.”
“I called a friend of mine who used to be a television producer. I said have you still got that camera and he said he had. I told him that I just wanted to put something on Youtube – unscripted, just something I feel right now – and that’s basically how it happened. The rest is history.”
“As I said there are four causes. Human nature at its best – greed, greed, greed and more greed. The second is the financial regulator – whoever that person is or was – they hadn’t a clue what was going on. Perhaps in a small society, everyone knows each other and no-one wants to rock the boat.
“The politicians must have been off in another country, altogether. I don’t know what they were doing.”
Ryan also had harsh words for former Anglo Irish Bank CEO David Drumm, now living in New England. “All the fucking wankers from Wall Street are up there,” he said. “And he’s supposed to be bankrupt? Go away!”
“You know what pisses me off? I know working people, they work hard every week, they can’t avoid it, they pay their taxes every week, and these are the people who will bail out our country. It’s going to be a generation or two, we may never get back to where we were.”
“Yet the bankers? These guys are on massive, massive bonuses, and they created nothing.”
The audacity of the banks the other day, AIB saying they’re going to give €40 million in bonuses. That’s the last thing they should be saying right now.”
“I really feel for the poor people on the front line, working as tellers on the banks. Customers take it out on them because they can’t get any access to the assholes at the top.”
“For a little country we have produced more than our share of greatness, in culture, sport and business, and well come again, but we are going to suffer a lot on the way through.”
“The thing in Ireland and I found it when I was home, there’s an anger there that I’ve never felt before. It just hopes we can turn it to positive ends. The people have been deceived. You just hope this anger and despair can be turned around.”
“If I was young and smart, I’d be leading a movement. Maybe a political movement will come out of this. Forget about Fianna Fáil, Fine Gael, all that shit, Those are just names. We’ve got to come together as a people. I think we will.”
“It’s a great opportunity for the Labour party. I met Gilmore a few years ago and I was very impressed by him on a one-to-one basis, and I was very impressed with him.”
“But Jesus, I wouldn’t want to be leading the opposition right now. Whoever gets in is going to inherit an enormous mess.”
Maybe we should get the Munster rugby team to take over the county. Put Paul O’Connell in as taoiseach, he’s the captain.”
And Michael Flatley?
Ryan is a fan. “I met Flatley’s father years ago in Chicago,” he confesses. “It’s a bit of fun, but he’s a genius.”