Tag Archives: Loan rates

News Ireland daily BLOG by Donie

Fianna Fáil member takes legal action over gender quotas

Brian Mohan was excluded from selection convention due to rules on female candidates

  Getting women on the ticket is great, but having them win seats is what matters most   

Political parties will lose half their funding unless 30% of their general election candidates are female.

A Fianna Fáil activist has initiated legal action challenging the State’s new electoral laws on gender quotas after being excluded from a selection convention that allowed only a female candidate to be chosen.

Brian Mohan, an area representative in Dublin Central, was unable to contest the party’s selection convention in October after its national constituency commission (NCC) issued an instruction that only one female candidate could be chosen.

He was one of several male contenders who found themselves unable to put themselves before their constituency selection conventions because of diktats issued by the NCC, chaired by

Other declared candidates who were unable to contest conventions were Daithí de Róiste in Dublin South Central and Pat O’Rourke and Séamus Butler in Longford-Westmeath.

In both these cases, the NCC instruction resulted in the only female candidate being selected without a contest.

The decisions prompted heated scenes at the conventions.

It is understood that Mr Mohan’s legal action is not against Fianna Fáil but against the gender-quota legislation introduced by former minister for the environment Phil Hogan.

Mr Mohan was not contactable for comment last night.

Loss of funding.

The Electoral (Political Funding) Act, passed in 2012, provides that political parties will lose half of their central exchequer funding unless 30 per cent of their candidates in the general election are female.

All of the parties have said they will meet the gender quota.

Fine Gael is understood to have approached Independent TD Peter Mathews’s parliamentary assistant, Avril Cronin, to contest the general election in Wicklow as it attempts to meet the quota.

She is among a number of potential candidates the party has sounded out as it strives to hit the 30 per cent target.

Fine Gael, with conventions completed in all 40 constituencies, is at the 28 per cent mark and insists the quota will be reached.

The party has selected 82 candidates, 23 of whom are women.

Thomasina Connell to run in Laois.

This week the party added Thomasina Connell, a solicitor for Ballybrittas, to run alongside Minister for Foreign Affairs Charlie Flanagan in Laois.

Former mayor of Tralee Grace O’Donnell was added to the contest in Kerry with Minister of State for the Diaspora Jimmy Deenihan and Brendan Griffin.

Wicklow TD Andrew Doyle indicated that his preference would be for him and Minister of State Simon Harris to run without a third candidate.

Separately, Fianna Fáil has yet to decide on dates for selection conventions in two constituencies, Roscommon-East Galway and Cavan-Monaghan.

The party in Roscommon is seen by its members locally as in turmoil. Amid continued infighting, which has included a High Court action by one councillor against another, many of the leading contenders have withdrawn from the race.

Those who have said they will not contest the convention include councillors Rachel Doherty and Orla Leyden and 2014 byelection candidate Ivan Connaughton.

While Fianna Fáil performed well in the local elections in Roscommon last year, the party has been in disarray since Mr Connaughton was beaten in the byelection by the Independent Michael Fitzmaurice.

Irish banks may be mis-pricing credit risk, says Honohan

Outgoing Central Bank governor highlights persistent relatively high loan rejection rates

    

Outgoing Central Bank governor Patrick Honohan: ‘Irish banks mispriced credit risk before . . . are we sure they’re not mispricing in the other direction now?’

Irish banks may be too risk averse, outgoing Central Bank governor Patrick Honohanhas said, while also highlighting the relatively high interest rates being charged by Irish lenders.

Noting rates had come down everywhere in the euro area except in Ireland, he said: “This raises a question as to whether these rates are a consequence of insufficient competition.”

In an address to the Small Firms’ Association, Prof Honohan said loan rejection rates here had not fallen to the same extent as they had in other formerly distressed EU states.

Irish banks may be “mispricing credit risk” resulting in relatively high loan rejection rates, he said. While banks were reckless in assessing risk prior to the crash, the pendulum may now have swung the other way, according to Prof Honohan.

Since the tsunami of credit receded seven years ago, lending conditions have been restricted by the shortfalls of capital on bank balance sheets.

Outstripping Ireland.

Lending to small businesses in Portugal, Spain and Greece – countries which experienced similar financial crises – is now outstripping Ireland, he said.

“Irish banks mispriced credit risk before . . . are we sure they’re not mispricing in the other direction now?”

Earlier this year, Minister for Finance Michael Noonan met with representatives from the State’s six main lenders over concerns about the comparatively high rates charged for standard variable mortgages.

The issue of high variable mortgages has been a source of controversy with some borrowers on tracker loans paying less than 1 per cent while those on variable rates are paying 4.5 per cent.

Prof Honohan said, however, it was unfair to blame banks for not passing on European Central Bank rate cuts as they did not benefit from them because of the large number of tracker mortgages on their books.

“It’s not that banks are laughing or gouging . . . but it still doesn’t mean everything is right in the system,” he said.

Academia.

Prof Honohan, who hinted he would be returning to academia upon stepping down as governor, appeared to rule out intervening in the marketplace to address the issue of interest rates, suggesting this could make the problem worse.

“We could all do with more competition in the banking system. I’m hoarse encouraging new investors to come into the Irish banking system in whatever way – acquisition, new start-up,” he said.

In his address, Prof Honohan said Ireland’s forecast growth rate of 6 per cent for 2015 had to be treated with great caution because of the complexities of accounting of the multinationals.

Since the middle of 2012, about 130,000 jobs have been created, mainly by the private sector, which pointed to a “solid, not dramatic, recovery”.

Small Firms’ Association chairman AJ Noonan called on the Government to commit once and for all to end the tax discrimination of small business owners and self-employed, who do not enjoy the same employee tax credits or PRSI benefits.

“To me it is shocking that we have members of government jumping up and down about taking swathes of people out of the Universal Social Charge trap while at the same time discriminating against the very people who create those jobs,” he said.

Ireland’d outpatient waiting lists rise for fourth month in a row

Department imposes €8.7m fines on hospitals for breaching 18-month targets

    

The number of outpatients waiting over 18 months for an appointment has increased for the fourth month in a row, despite Minister for Health Leo Varadkar’s promise to abolish long waits.

Mr Varadkar said the trend on waiting lists was “broadly positive” with improvements in the overall numbers on the outpatient waiting list and the number of long waiter for inpatient procedures.

There were 13,353 people on the outpatient waiting list for over 18 months at the end of October, up 177 on the previous month, according to the latest monthly figures from the National Treatment Purchase Fund (NTPF).

Mr Varadkar had said no-one would wait longer than 18 months from the end of June this year.

In a statement issued two hours before the official figures were published, the Department expressed disappointment at the further increase in the number waiting over 18 months as well as the slow rate of decrease of long waiting inpatient and daycase patients.

Fines totalling € 8.47 million have been levied on hospitals who have failed to meet the waiting list targets, it said.

“The application of fines is also aimed at incentivising improved performance in relation to the longest waiters.”

The department said reductions in inpatient and daycase numbers waiting over 18 months, and over 15 months, were “very positive” as this was the first time reductions were seen in these categories.

There were 2,161 people waiting over 18 months for daycase or inpatient treatment in October, down 83, according to the NTPF.

The total number of people on the outpatient waiting list has fallen below 400,000 for the first time this year, the statement also noted.

There were 396,571 people on the list last month, down almost 5,000 in a month.

The department says this has been achieved by hospitals facilitated additional clinics outside conventional working hours and by outsourcing where capacity is limited.

Responding to a rise in the number of patients waiting for gastrointestinal endoscopies, it saidthe HSE believe standardised referral criteria must be strictly applied as well as capacity reviewed.

“In respect of urgent colonoscopies, there is a four-week access target and a policy of zero tolerance applies to any breaches.”

Fianna Fáil health minister Billy Kelleher accused the Minister of “risble spin” on waiting lists. Targets had been missed and, in the case of outpatients, were even further off target since Mr Varadkar set last June’s deadline.

“Minister Varadkar may think that figures ‘continue to show improvements’ but no-one will be fooled.”

Benbulben Sligo a Mountain & Irish site that inspires the imagination

      

The name Ben Bulben, also spelt as Benbulbin or Benbulben, is said to be an anglicized version of the Irish Binn-Gulbain, meaning ‘Gulban’s Peak.’ This jaw-shaped rock formation (the word ‘gulban’ may be translated as ‘jaw’) is part of the Dartry Mountains, and is located in County Sligo in northwestern Ireland.

The Ben Bulben’s Famous Literary Connection.

In Ireland, Ben Bulben is also popularly known as ‘County Sligo’s Table Mountain.’ One of Ben Bulben’s claims to fame is its association with the Irish poet, William Butler Yeats. One of the last poems that Yeats wrote was entitled Under Ben Bulben. As a result of the area’s connection with Yeats, this part of Ireland is sometimes known as ‘Yeats Country.’ In addition to its association with this famous literary figure, Ben Bulben is also well-known for being the setting of several Irish legends.

The Formation of Ben Bulben.

According to geologists, Ben Bulben was formed during the Ice Age, when moving glaciers cut into the earth creating the present shape of the rock formation. Ben Bulben is reported to be composed of layers of limestone on mudstone. Its lower parts, which contain deposits of shale, is referred to as the ‘Ben Bulben Shale formation.’ From the top of Ben Bulben, one is able to obtain a panoramic view of the surrounding area. Apart from the natural scenery, one may also be able to spot a number of megalithic structures strewn on the foot of the Dartry Mountains.

Remains of one of the megalithic sites on the north side of Ben Bulben, County Sligo, Ireland.

The Fairy Door at Ben Bulben.

One of the legends surrounding Ben Bulben is the claim that this is this is the only place in Ireland where fairies, also known as ‘gentry’, are visible to mortals. In the east side of Ben Bulben’s north face is a “black patch on a bare hollow” referred to by the people of the area as the ‘Fairy Door,’ It is believed by the locals that whenever the door opens, the weather is bound to be good for the next few days.

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The Fianna and Ben Bulben.

Ben Bulben is also said to be one of the favorite hunting grounds of the Fianna, a mythical band of Irish warriors. One legend involving Ben Bulben is about Fionn MacCumhail, the leader of the Fianna. In this tale, Fionn fell in love with Siadbh, a woman who was changed into a deer by a malevolent druid.

Illustration of Fionn MacCumhail. (1932) Stephen Reid. (Public Domain) It seems that Fionn’s land was the one place where Siadbh could regain her human form. The pair got married, lived together, and soon Siadbh became pregnant. The druid, however, came back for Siadbh whilst she was pregnant, and transformed her into a deer again when her husband was away.

Fionn spent years searching for his wife, but his efforts were futile. Nonetheless, whilst hunting on Ben Bulben one day, he came upon a fawn, who turned out to be his son Oisin. This child would eventually become one of the most renowned figures of the Fianna.

Oisin (Ossian) on the Bank of the Lora, Invoking the Gods to the Strains of a Harp. (1801) François Gérard

The Pursuit of Diarmuid and Gráinne.

Fionn appears in another legend called The Pursuit of Diarmuid and Gráinne. In this story, however, Fionn is not its protagonist, but its antagonist. In this tale, Gráinne, the most beautiful woman in Ireland, and the daughter of Cormac MacAirt, the High King of Ireland, was betrothed to the aging Fionn.

However, the princess fell in love with Diarmuid, one of the Fianna, when she first saw him. During the wedding feast, Gráinne drugged the entire party, with the exception of Diarmuid, and confessed her love for him. Diarmuid, however, was loyal to his leader, and did not reciprocate her love. Gráinne then put a spell on Diarmuid to make him fall in love with her and the pair ran away. When Fionn realized what had happened, he pursued the pair all over Ireland.

In one version of the legend, Diarmuid and Gráinne came across the heath of Ben Bulben, where the pair was confronted by a giant boar, the only creature that could harm Diarmuid. The warrior fought with the beast to protect Gráinne, and though he managed to kill it, was mortally wounded by it as well.

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In another version of the legend, Fionn gave up the chase eventually, and allowed the pair to settle down. Years later, Fionn invited Diarmuid to a boar hunt at Ben Bulben, where the warrior was fatally wounded by a boar. The only way that Diarmuid could be saved was for him to drink water from Fionn’s cupped hands. Although the Fianna begged Fionn to save Diarmuid, he refused to do so, and only changed his mind when his son, Oisin, threatened to fight him. By then, however, Diarmuid had died.

Diarmuid and Grainne’s cave, on the back of the Gleniff Horseshoe, is one of the highest caves in Ireland.

St. Columba and the Battle of the Books

One last story with Ben Bulben as its setting is that of St. Columba and the Battle of the Books. According to this story, St. Columba had secretly copied a Psalter belonging to Abbot Finian of Moville and a dispute arose as to who owned this copy, i.e. the copier or the owner of the original.

The case was judged by the High King, who is said to have declared that “to every cow her calf, to every book its copy”. Dissatisfied with this ruling, St. Columba raised a rebellion, and a battle was fought on the slopes of Ben Bulben in or around 560 AD.

It is recorded that 3000 men were slain, and St. Columba, remorseful for his actions, sought to convert more souls than were lost in that battle. As a result, he founded a number of monasteries, the most famous of which being located on the Scottish island of Iona.

These legends depict how Ben Bulben is a site that has inspired many creative individuals over the ages. Today it continues to enthuse the modern visitors who are willing to make the trek to see the mountain’s marvelous views.

Scientists say they have decoded the language of ‘panda’s’

      

The researchers now plan to develop a ‘panda translator’ using voice recognition technology.

Baby pandas playing at the China Conservation and Research Center for the Giant Panda.

Scientists in China say they have deciphered the meaning of 13 different giant panda vocalisations.

During a five-year study of panda “language” at a conservation centre in the southwestern Sichuan province scientists found giant pandas communicate using specific sounds to indicate when they are hungry or unhappy, according to the state Xinhua news agency.

Researchers found that when attracting a mate, males “baa” like sheep and females respond with chirping sound if they are interested.

They also make a “wow-wow” sound when they are unhappy and baby pandas say “gee-gee” to tell their mothers they are hungry.

Pandas, like Tian Tian above, are endangered partly because of their poor fertility

Zhang Hemin, head of the China Conservation and Research Centre for the Giant Panda, which ran the study, said:  “Trust me – our researchers were so confused when we began the project, they wondered if they were studying a panda, a bird, a dog, or a sheep.”

He said they recorded the animals when they were eating, fighting and nursing young to use study how they communicated.

The scientists now plan to the information to better understand how to protect the critically endangered species in the wild.

The scientists now say they want to develop a “panda translator” using voice-recognition technology, according to Xinhua.

Giant pandas are critically endangered with only 1,864 believed to still be living in the wild.

Despite a slight recovery in their population reported earlier this year, pandas are still under threat from their well documented fertility problems and the destruction of their habitat.

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News Ireland daily BLOG by Donie

Sunday 31st May 2015

Plans for new Dublin Airport runway ready for take-off

   

Plans for a €300m second runway at Dublin Airport have gained dramatic new impetus following the IAG takeover of Aer Lingus which includes plans to use Dublin airport to feed traffic from Europe to North America.

Over the next five years IAG plan to boost Aer Lingus feeder traffic through Dublin by an extra 2.4m passengers a year.

But even before the IAG bid for Aer Lingus emerged earlier this year the Dublin Airport Authority (DAA) had reignited plans for a new runway on the 2,500 acre site at Collinstown.

New research released last week by the respected aviation website anna aero shows that Dublin is the fastest growing airport in Europe for long-haul traffic this year

Now plans for the construction of a second runway, which first emerged more than 30 years ago, look set to be fast tracked.

Planning permission for a new east-west runway, 1.6 kilometres to the north and parallel to the existing main runway was granted back in 2007 and remains valid for the next two years.

But air industry sources suggest a new planning application may have to be lodged because the original permission contained 31 restrictive conditions including a requirement that no flights operate from the second runway between 11pm and 7am.

The hour between 6am and 7am remains the airport’s busiest time and a ban on flights leaving a new second runway before 7am is considered impractical. Passenger numbers travelling through Dublin leapt by 8% to 21.7 million last year and are already 15% up on that figure in the first four months of 2015.

A DAA spokesperson said “We are currently examining the various options regarding the delivery of a second parallel runway at Dublin Airport, but have not yet made a final decision in relation to this issue.”

“A second parallel runway has been part of the overall development plan for Dublin Airport for several decades and we’re fortunate that land was earmarked for this project many years ago within the overall Dublin Airport campus.”

“The various options relating to its development will be carefully considered before the company makes a final decision on the best way forward and a second runway remains a central element of Dublin Airport’s long-term plans,” the DAA spokesman confirmed

Dublin Airport now has two flights per day to Dubai and Abu Dhabi with Emirates and Etihad both flying twice a day since last year.

Passenger numbers to the Middle East and North Africa doubled between 2011 and 2013.

The Commission for Aviation Regulation (CAR) has ruled that Dublin Airport will not be allowed to pass on any of the costs associated with the development of a second runway until passenger numbers pass 25 million in a 12 month period.

Between 2010 and 2014, Dublin Airport increased its transatlantic passenger numbers by 42% with seven new transatlantic services during the same period.

This summer, Dublin Airport will be the sixth largest airport in Europe for services to North America with 318 flights per week (159 weekly departures) between Dublin and 15 separate destinations in the United States and Canada.

Fianna Fáil want new law to allow Irish Central Bank to lower mortgage rates

  

Fianna Fáil has said legislation is needed to force banks to lower their variable mortgage rates.

It comes as Bank of Ireland yesterday announced that it is reducing its fixed-rate mortgages by 0.3%.

It has made no announcement on its variable rate however, which stands at 4.5%.

Finance Minister Michael Noonan recently met with financial institutions to ask that they reduce variable rates in line with falling ECB rates.

Fianna Fáil Finance Spokesperson Michael McGrath said that legislation might be the only way to deal with this problem.

“I firmly believe that legislation is going to be required in the Oireachtas to give the Central Bank power to intervene where a market failure has occurred – and one has occurred in the Irish mortgage market – and to put a cap on the level of rates that the banks are charging variable rate customers,” he said.

“This issue is simply not going to go away.

“The Minister met with the banks a couple of weeks ago and, judging by this reaction from Bank of Ireland, those meetings have simply failed.”

Meanwhile back at the bank of money:

Irish Central Bank spends €55,000 on biscuits last year 2014?

The Irish Central Bank spent €55,000 on biscuits last year?

   

It looks like bankers have a very sweet tooth judging by figures released of the Central Bank’s food bill for 2014.

The bill was published in The Sunday Business Post today and shows that €55,000 was spent on biscuits alone last year.

The total is part of a sweet deal for staff which sees their food, tea, coffee and refreshments subsidised to the tune of over €1 million.

Banks bosses said the treats are also snapped up at seminars and meetings as well as press conferences and briefings.

Kidney Health could be a better way to predict heart disease risk

 

Kidney function could be a better gauge of heart attack risk than cholesterol levels and blood pressure, according to a recently conducted study by researchers at Johns Hopkins Bloomberg School of Public Health.

According to a JHSPH news release, the researchers reviewed data collected from 637,000 patients in 24 studies who had no history of heart disease and found that results from common kidney function tests, which are used to assess levels creatine in the blood and the amount of albumin leaking out of the kidney into urine, improved the successful prediction rate of heart problems.

The amount of creatinine in the blood reflects how well the kidneys are filtering out waste.  Higher amounts of albumin indicate the presence of kidney damage.  In the study’s participants, the levels of creatinine and albuminuria predicted cardiovascular disease in general, particularly heart failure, heart attack and stroke.

Albuminuria was found to be the strongest predictor, outperforming cholesterol levels and blood pressure as a risk assessor for heart failure and death from heart attack or stroke. The study’s lead author Kunihiro Matsushita, MD, PhD, an assistant scientist at Bloomberg School’s Department of Epidemiology, believes that the study’s findings show that health care providers can use data on kidney damage and kidney function to better understand a patient’s risk of cardiovascular disease.

Cholesterol levels and blood pressure tests are good indicators of cardiovascular risk, but they are not perfect.  This study tells us we could do even better with information that often times we are already collecting. People with chronic kidney disease are twice as likely to develop cardiovascular disease as those with healthy kidneys and roughly half of them die from it before they reach kidney failure

While the biological mechanisms linking kidney disease to cardiovascular disease aren’t well understood, Matsushita says that poorly functioning kidneys can lead to a fluid overload that may result in heart failure.

The results of the study were published in The Lancet’s journal Diabetes and Endocrinology on May 29. In other news about heart disease here at Immortal News, treating depression with antidepressants has been shown to lowers rates of death, coronary artery disease and stroke.

ICSA calls for standalone hen harrier compensation scheme

   

The ICSA has called for a standalone scheme to provide proper compensation for farmers with hen harrier designation

ICSA Rural Development Chairman Billy Gray said that while there is some provision for hen harrier designation in GLAS, this covers a maximum of 19ha and is unsuitable for many farmers with larger designated areas.

“ICSA is adamant that there should be no designation without compensation – farmers must be compensated fully and equally for every designated hectare of their land,” Gray said.

The ICSA Rural Development Chairman was speaking after a meeting in Templeglantine, Co. Limerick recently.

Gray also suggested that it was time to revisit the blanket ban on new afforestation on designated ground.

“The scientific basis for this ban is far from categorical. For example, it is now accepted that the first 12 years of a forestry plantation provide ideal cover for the hen harrier.

“As modern sitka spruce plantations can be brought to clearfell in as little as 25 years, and Christmas trees in a far shorter time.

It is clear that there is at the very minimum scope for staggered plantation mixed in with some open ground.

He said that this is especially pertinent to farmers with large designations in excess of 20ha.

The Rural Development Chairman said that while a more flexible approach to forestry would certainly be helpful, there is no getting away from the fact that there must be a stand-alone scheme covering every hectare of ground affected by hen harrier designation.

“Now that the Government is loosening the purse strings to provide substantial amounts of money for public sector pay rises, there is no good reason why a relatively small amount of money could not be set aside for such a scheme,”

Top gynaecologist warns women to have babies by age thirty.

To avoid the ‘devastation and regret’ of infertility

   

A new mother holding a sleeping newborn infant in hospital

A top UK fertility specialist has said that women who have children after thirty are placing a huge pressure on the British health system and warned them to start having children in their twenties.

Consultant gynaecologist Professor Geeta Nargund believes the UK faces a ‘fertility time-bomb’ as the average age a woman has her first child continues to rise.

The lead consultant for reproductive medicine at St George’s Hospital in London claims that fertility issues encountered by women who begin trying for a baby in their thirties place “costly and largely unnecessary burden on the NHS” as they opt for IVF and other means of conceiving.

In a letter to Education Secretary Nicky Morgan obtained by The Sunday Mail, Professor Nargund wrote: “I have witnessed all too often the shock and agony on the faces of women who realise they have left it too late to start a family.

“For so many, this news comes as a genuine surprise and the sense of devastation and regret can be overwhelming.

“And so often the cry will be “Why did no one warn me about this?”’

Professor Nargund believes that children should be given ‘age appropriate’ information from primary school to university to highlight the importance of having children when they are at an optimum age.

“Information is power and the best way to empower people to take control of their fertility is through education.”

“Ideally, if a woman is ready for a child, she should start trying by the time she is 30. She should consider having a child early because as a woman gets older, her fertility declines sharply.”

“As women get older, they experience more complex fertility problems, so treatment tends to be less successful and more expensive.

“On average, more [IVF] treatment cycles are required for a successful pregnancy. So educating people about fertility is very important for the public purse, because it will help us to get more babies within the same NHS budget.”

In the UK IVF is funded by the NHS. IVFs success rate remains at just one birth per four cycles of IVF which costs the health system £20,000 (€28,000). In 2013, the NHS funded over 25,500 cycles in England and Wales.

Professor Nargund had her first child at 29 and said: “My biological clock was absolutely on my mind.”

The doctor revealed that many women are badly misinformed about their fertility.

“Educated women are not necessarily educated about their fertility,” she said.

The average age Irish women have their first baby is 30.3.

We are drinking dinosaur pee every day we drink water:

    

Here’s Why

Do you drink water? If so, how would you react if we told you that all the water you’ve ever drunk and all the water you are ever going to drink in the future comes from the urine of a dinosaur?

The average American drinks four cups of water every day, according to the U.S. Department of Agriculture. That is far short of the recommended eight glasses of water every day and is equivalent to around four cups of dinosaur pee.

Whether it is tap, filtered, bottled, sparkling or sourced from the Himalayan glaciers and sparkled with gold dust, you are just actually drinking the liquid wastes of an ancient beast, says science-centric YouTube channel Curious Minds.

A video explaining this theory says a very small percentage of all the water in the world is available for drinking purposes, but it is still a huge amount of water to provide for the needs of every human being that has ever walked on the surface of the Earth for the last 200,000 years.

Every year, around 121,000 cubic miles of water, or about the equivalent of 42 Superior Lakes, falls down on Earth and constantly flows through the rivers, lakes, ground reservoirs and everywhere else it passes through, including inside the guts of people and animals that drink it.

So what do dinosaurs have to do with all this? Unlike humans, who have been on Earth for a tiny fraction of the 186 million years that dinosaurs ruled this planet, the beasts were here far longer than we have ever been. In that long span of time, it is very likely that the dinosaurs have drunk all the water available back then, and all the water available now is simply water that has passed through a dinosaur’s kidneys making its way through the never-ending water cycle.

“Humans consume a lot of water, but our species hasn’t had the numbers or time to process a large portion of the Earth’s water. Dinosaurs on the other hand had a long time to drink water,” the video explains. “The Mesozoic era – the reign of the dinosaurs – lasted for 186 million years.

That gave them time to drink a lot of water. So while most molecules in your eight-ounce glass have never been drunk by another human, almost every single molecule has been drunk by a dinosaur.”

Charles Fisherman, author of “The Big Thirst: The Secret Life and Turbulent Future of Water,” says water molecules are extremely resilient, and it’s likely that all water molecules present now were the same water molecules available for billions of years.

“All the water on Earth has been through a dinosaur kidney,” Fishermantells Marketplace.org. “Every bottle of Evian you drink from is Tyrannosaurus Rex pee. All the water on Earth has been here for 4.5 billion years. It’s all toilet-to-tap at some level.”

Believe it or believe it not?