facetowardsfront: Has anyone suggested cutting the payments to the bondholders yet? It's a bit of an obvious soloution I suppose. Too obvious for our gutless government to see.
It is an obvious one....being as they are unsecured. But I think its something to do with, if we burn these bond holders then no-one will buy our bonds in the future.
Mariannette: It is an obvious one....being as they are unsecured. But I think its something to do with, if we burn these bond holders then no-one will buy our bonds in the future.
Thats what the EU/ECB and Gov would have you believe but its not true. History is littered with countries no paying back bonds and getting back in the markets. Iceland refused to pay back their banks debts and they are getting money off the markets again.
The bond holders are intelligent people. They know they debts wasn't a gov or peoples debt and are laughing all the way to the bank about getting their money back!
I actually think Ireland should default and start afresh by all means burn the unsecured bondholders. To get out of recession we need policies that work not policies based on angry, emotional sentiment, Everyone is rightly pissed off with the banks and the property developers.
People say the crime rate will explode if welfare is cut again In Ireland, okay 60 or 70 years ago in Ireland had a very miniscule welfare state and the crime rate was far lower, if anything the welfare state has contibuted to a dependency culturs in a lot of council estates amongst some working class people. All the tax increases implemented since 2008 need to be rversed regardless of income, the joke park deal needs to be thrown out, its completely unrealistic. In 2000 the dole was just under €100 if welfare had only increased in line with inflation during the last 17 years would armagedon have resulted.
Irish people love to engage in hyperbole and over the top emotional sentiment instead of analysing things in an adult, mature, calm manner. I really think a lot of Irish people are incapable of thinking rationally.
kennyfromdublin: The days of celtic tiger largese are well and truly over across ALL areas of public spending and need to be trimmed back to levels that are affordable.
neesoncol01: lets cut the wages of those in govt then
Agreed since 2008 cabinet ministers pay has been cut by 25% from €225k to €169k puls a 10% pension levy, the taoiseachs salary is now €200k down from €285k, a junior ministers salary is down to €130k from €150k, a TD salary with more than 7 years experience is down from €108k to nearly €93k.
kennyfromdublin: Agreed since 2008 cabinet ministers pay has been cut by 25% from €225k to €169k puls a 10% pension levy, the taoiseachs salary is now €200k down from €285k, a junior ministers salary is down to €130k from €150k, a TD salary with more than 7 years experience is down from €108k to nearly €93k.
neesoncol01: make em all live on welfare payments and see how they get on
If only life were so simplistic, if you want them to lose their jobs vote them out at the next election. In last years budget the dole wasn't cut, thats something to be grateful for.
kennyfromdublin: If only life were so simplistic, if you want them to lose their jobs vote them out at the next election. In last years budget the dole wasn't cut, thats something to be grateful for.
kennyfromdublin: If only life were so simplistic, if you want them to lose their jobs vote them out at the next election. In last years budget the dole wasn't cut, thats something to be grateful for.
all ye who voted fine gael in must feel fairly thick
kennyfromdublin: If only life were so simplistic, if you want them to lose their jobs vote them out at the next election. In last years budget the dole wasn't cut, thats something to be grateful for.
yes but rent allowance was cut as were many other things....not saying that the amount of money paid to landlords shouldnt be reduced.
There were cuts to the CE schemes, the length of time someone can claim one parent family for (but without adequate childcare provisions being put in place)
The cut wasnt in the basic rate.....just in the extra other allowances etc.
neesoncol01: not at all. ur just used to the crap from past govts. give sinn fein a chance// a party who actually care about ireland
Unless your a member of Sinn Fein you are incredibly gullible believing what SF come out with, Sinn Fein only care less about themselves and will say anything to win votes. You regard them as principled, look at all the principles they have sold out on since the 1980's just to win votes.
Sinn Fein's economic policies are completely unworkable as Marxism has never worked. The only way SF will ever get into government is through a coalition as the middle classes in Ireland are by and large very anti SF.
Mariannette: yes but rent allowance was cut as were many other things....not saying that the amount of money paid to landlords shouldnt be reduced.
There were cuts to the CE schemes, the length of time someone can claim one parent family for (but without adequate childcare provisions being put in place)
The cut wasnt in the basic rate.....just in the extra other allowances etc.
In America if your a single parent you have to go out and work and get very little assistance off the government, its called self reliance, most of the CE schemes like the FAS/Solas schemes are woefully inadequate.
kennyfromdublin: Unless your a member of Sinn Fein you are incredibly gullible believing what SF come out with, Sinn Fein only care less about themselves and will say anything to win votes. You regard them as principled, look at all the principles they have sold out on since the 1980's just to win votes.
Sinn Fein's economic policies are completely unworkable as Marxism has never worked. The only way SF will ever get into government is through a coalition as the middle classes in Ireland are by and large very anti SF.
a lot of people are changing their mentality toward sinn fein lad.. i bet u 1 thing. sf wouldnt get bossed around like edna does
kennyfromdublin: Unless your a member of Sinn Fein you are incredibly gullible believing what SF come out with, Sinn Fein only care less about themselves and will say anything to win votes. You regard them as principled, look at all the principles they have sold out on since the 1980's just to win votes.
Sinn Fein's economic policies are completely unworkable as Marxism has never worked. The only way SF will ever get into government is through a coalition as the middle classes in Ireland are by and large very anti SF.
ur just anti sinn fein is all. so theres no talking to u wheter im a member or not is of no relevance. just making a point. sf care about eire. a party who wouldnt have sold us out thats for sure
neesoncol01: a lot of people are changing their mentality toward sinn fein lad.. i bet u 1 thing. sf wouldnt get bossed around like edna does
I don't deny SF's support is increasing but its mainly amongst the welfare classes and the working poor, the middle classes still by and large don't like SF.
As for Sinn Fein not been bossed around didn't Adams and McGuinness cave into Paisleys demand on IRA decommissioning and accepting policing in the North.
Lets also see up no Irish Language Act has been implemented as SF are been bossed around by the DUP.
Lets not forget McGuinness caving into media pressure to meet the Queen a few weeks back. Yeah SF won't get bossed around...lol
neesoncol01: ur just anti sinn fein is all. so theres no talking to u wheter im a member or not is of no relevance. just making a point. sf care about eire. a party who wouldnt have sold us out thats for sure
I know quite a few people who would vote SF if they got some sane economic policies and also ditched Adams as their leader. Even you must acknowledge Adams is completely cluless on politics in the South.
kennyfromdublin: I don't deny SF's support is increasing but its mainly amongst the welfare classes and the working poor, the middle classes still by and large don't like SF.
As for Sinn Fein not been bossed around didn't Adams and McGuinness cave into Paisleys demand on IRA decommissioning and accepting policing in the North.
Lets also see up no Irish Language Act has been implemented as SF are been bossed around by the DUP.
Lets not forget McGuinness caving into media pressure to meet the Queen a few weeks back. Yeah SF won't get bossed around...lol
where r u gettin ur info eh ? people of all classes support sf and are changing their mentality
kennyfromdublin: I know quite a few people who would vote SF if they got some sane economic policies and also ditched Adams as their leader. Even you must acknowledge Adams is completely cluless on politics in the South.
gerry is smarter than a lot of people give him credit for
neesoncol01: where r u gettin ur info eh ? people of all classes support sf and are changing their mentality
dont be believing everything u read or hear
Up North I admit SF do get sizeable middle class support but in the South they have major problems appealing to middle class voters, I'll accept they get tiny pockets of middle class support in the south but its still very small, look at the 2011 general election in the dublin constituencies, SF did far better in poorer constituencies then they did in more affluent constituencies. In Galway west their support was concentrated in urban working class council estates, ditto with cork and limerick, Ferris's support in North Kerry is concentrated around the tralee area and tralee has huge unemployment and a lot of council estates.
neesoncol01: gerry is smarter than a lot of people give him credit for
On the peace process I'll admit he is very intelligent and getting the IRA to support the peace process. However, on bread and butter issues like the economy he is clueless, do you remember his performance in the 2007 leaders debate when he was shown up as completely out of touch with the main issues in the south, there is also an interview that he gave last year where he didn't even know the vat rate in the south.
kennyfromdublin: Up North I admit SF do get sizeable middle class support but in the South they have major problems appealing to middle class voters, I'll accept they get tiny pockets of middle class support in the south but its still very small, look at the 2011 general election in the dublin constituencies, SF did far better in poorer constituencies then they did in more affluent constituencies. In Galway west their support was concentrated in urban working class council estates, ditto with cork and limerick, Ferris's support in North Kerry is concentrated around the tralee area and tralee has huge unemployment and a lot of council estates.
every man and womans vote counts... watever class they are. people are changing their mentality thats the thing to notice
kennyfromdublin: On the peace process I'll admit he is very intelligent and getting the IRA to support the peace process. However, on bread and butter issues like the economy he is clueless, do you remember his performance in the 2007 leaders debate when he was shown up as completely out of touch with the main issues in the south, there is also an interview that he gave last year where he didn't even know the vat rate in the south.
its easy pinpoint things when u want to look for things wrong... mite take a long time but one day i think sf will rise to power
kennyfromdublin: On the peace process I'll admit he is very intelligent and getting the IRA to support the peace process. However, on bread and butter issues like the economy he is clueless, do you remember his performance in the 2007 leaders debate when he was shown up as completely out of touch with the main issues in the south, there is also an interview that he gave last year where he didn't even know the vat rate in the south.
he wudnt be the first politician to make a mistake with numbers or get somethin wrong.... he mite have thought about it later and realized his mistake. hasnt every1 done that
Throw the Croke Park Agreement in the bin and take on the Unions, especially the teacher unions and wake them up to the fact that we are in a recession.
GalwayGuy35: Throw the Croke Park Agreement in the bin and take on the Unions, especially the teacher unions and wake them up to the fact that we are in a recession.
Yes, won't happen though as Labour are the party of the public sector.
neesoncol01: he wudnt be the first politician to make a mistake with numbers or get somethin wrong.... he mite have thought about it later and realized his mistake. hasnt every1 done that
or r u perfect ?
Everyone makes mistakes but when you are trying to appeal to floating voters in a TV election debate the very least you should do is come across as competent when debating the main issues of an election that affect peoples lives, in the 2007 general election SF were nearly wiped out in Dublin and nearly lost their seat in Louth in no small part thanks to Adams disastrous performance in the leaders debate.
Do you think Adams should be replaced as leader just out of interest?
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It is an obvious one....being as they are unsecured.
But I think its something to do with, if we burn these bond holders then no-one will buy our bonds in the future.