How we Blew the BOOM

kerry4sam

anyone else watching this now on RTE1

Mr E

Yeah, seems to be pretty well done so far.
Alot of it is stating the bloody obvious, though.

amacachi

Not arsed watching this because it can be summed up by the following: "All we did was sell houses to each other and import expensive goods."

beertons

It's good. Tells it as it happened.

I feel sorry for people who listened to these con men.

Foolish as they were actually believing what these snakes were saying I still feel sorry for them.

It's a good watch, them bank boys should go to prision

amacachi

"Every non-essential item has been cut."... She says with a straight face with a merc sitting in the driveway:rolleyes:

2qk4u

amacachi wrote: »

"Every non-essential item has been cut."... She says with a straight face with a merc sitting in the driveway:rolleyes:

I laughed at that too but see probably cant sell it...

kerry4sam

yeah I saw that, maybe she will downsize that in time.

Newaglish

Really interesting to get a sum up of what we all kind of know anyway.

One thing though - I know we're supposed to feel sympathetic towards the guy who built all those houses but I don't see it. He wanted to cash in on the boom but by building something incredibly unnecessary. It's one thing to build an apartment block in dublin city and another to build an entire housing state in Mullingar!

I also didn't feel bad initially for the guy who bought a 500k house while working in Harvey Norman. When you think about it though, the bank really should never have given him a mortgage. I guess if you apply and the bank says Yes, you kind of assume you can afford it.

amacachi

amacachi wrote: »

"Every non-essential item has been cut."... She says with a straight face with a merc sitting in the driveway:rolleyes:

Yeah I noticed that too. The editor must have thrown it in for the laugh :P
Plus I'm assuming it was a weekday because her husband doesn't seem to be there so we can assume that's their second car.

amacachi

Rojomcdojo wrote: »

Yeah I noticed that too. The editor must have thrown it in for the laugh :P
Plus I'm assuming it was a weekday because her husband doesn't seem to be there so we can assume that's their second car.

Either it's their second car or they just have it and he's using public transport to get to work. Not really sensible either way :P

kerry4sam

hellboy99 wrote: »

...them bank boys should go to prision

I'd fire them first though

Newaglish

Newaglish wrote: »

One thing though - I know we're supposed to feel sympathetic towards the guy who built all those houses but I don't see it. He wanted to cash in on the boom but by building something incredibly unnecessary. It's one thing to build an apartment block in dublin city and another to build an entire housing state in Mullingar!

The vast majority of people who had anything to do with property (buying/selling/loaning) during the boom thought they were cashing in on it. So ye can't really blame him any more than anyone else.

gaeilgegrinds

I find this really interesting...

kerry4sam

How can Ireland win its wealth from the rest of the world?

lovinit

Just finished watching it their, had my back to the tv, since Im on the computer so I did not see the merc:p. Seriously though, could he be any more pessimistic, where I live there are loads of empty buildings that were built when times were good and nobody set up business there, but they kept building more. Anyway we had a recession before and we survived it so I believe we will again, Im thinking positive here:D

lovinit

PS Did they have to show it the day after stunning victories for Ireland Rugby team and Bernard Dunne:rolleyes:

AnonoBoy

While the program might have been informative it was very poorly directed.

"The economy is on the ropes" - George Lee is in a boxing ring.
"We've lost our course" - He's on a boat.
"It's like a Premiership side being relegated to the 3rd division" - footage of the Irish soccer team losing.

Jaysus - could we get a bit of imagination please instead of jumping from one tired and obvious metaphor to another?

I had to turn it off.

kerry4sam

Nah, I actually couldn't turn away from it myself. When I first heard George Lee would be presenting it, I thought oh gawd! he will be in a studio somewhere now talking... but I have to admit I found he done well. yeah the editing could have been better at times but it really showed as clear as a clear blue sky, how much trouble Ireland is in right now.

Elmo

The girl with the merc at the end looking in the camera "It will have to get better, not much point in ...."


She finish that sentence "IT CANN'T GET ANY WORSE CAN IT GEORGE TELL ME IT CAN'T, I CAN'T EVEN FILL THE MERC UP ITS JUST SITTING THEIR SOMEONE MUST NEED A MERC, FECK IT I AM GETTING A TAXI PLATE ......... "


To me it was a big fat "WE TOLD YOU SO" from every economist in the country.

is_that_so

George Lee however positive he tries to be sounds like he's come to announce a death. Some very clichéd images and a few oddballs. I also thought the woman with the Merc, had not quite got to the point where she realised that it had to go too. I have to say that while I feel sorry for where some of the people in the programme now find themselves they did go after the quick buck with no regard for what would happen if things went pear-shaped.

MisterAnarchy

I thought it was very poor .
I like George Lee but the show was weak.
It was too dumbed down had too much silly music and was short on facts.
It could have been condensed into 20 mins.
Was like something you'd see on MTV.
As for the examples of people shown I have no pity for them,it was their greed and ignorance that ruined them.
You reap what you sow.

x in the city

yeah, that buffoon building a whole housing estate, wtf...

and Erica quitting her job to go into property.

meh

greedy bastids the lot of em

2fivers

lovinit wrote: »

PS Did they have to show it the day after stunning victories for Ireland Rugby team and Bernard Dunne

I've done a quick check - Despite the results, people who were on the dole on Friday will still be on the dole tomorrow, despite the weekend's sporting achievements.

Damn the department of Enterprise, Trade & Employment to hell.
Do distant, irrelevant sporting victories mean nothing to them?

Our man in Havana

kerry4sam wrote: »

How can Ireland win its wealth from the rest of the world?

Probably in some high stakes poker game.

speedboatchase

That salesman guy was a right tool, sipping champagne, 5 star hotels?! If you sell furniture you DON'T go to five stars hotel, living completely beyond your means! And anyone that drives a Merc to the dole queue needs their head checked. Interesting show, although the clips of the Ireland/England rugby match at the end didn't connect with any part of his closing monologue, they were just... bizarre

BaZmO*

speedboatchase wrote: »

That salesman guy was a right tool, sipping champagne, 5 star hotels?! If you sell furniture you DON'T go to five stars hotel, living completely beyond your means!

That was the only bit of the show that I saw and I just thought it was bizarre and quite ridiculous the way he was going on about his spending, it was like listening to one of those shows where ex drug dealers are talking about the high life they used to live.

I think he said he was earning €1000 a week?
And he was stating in 5 star hotels, going on 2 month long holidays, buying a brand new car every year for 5 years? :rolleyes:
Fools like that deserve everything they get.

uRbaN

speedboatchase wrote: »

That salesman guy was a right tool, sipping champagne, 5 star hotels?! If you sell furniture you DON'T go to five stars hotel, living completely beyond your means! And anyone that drives a Merc to the dole queue needs their head checked. Interesting show, although the clips of the Ireland/England rugby match at the end didn't connect with any part of his closing monologue, they were just... bizarre

Yea this guy was loving the camera. "They were offering me champgane George because I am a great salesman"

Rofl, so like when the stuff was walking out of Land of Leather he was a great salesman, but when business declined (i.e. people stopped walking in and buying all around them) this great salesman bought a taxi plate.

Good salesmen would get a job where they can actually go out and bring business in imo

speedboatchase

Ya I thought that too, there's tons of sales job being offered (my own place had 5 guys starting today) so what's he doing driving a taxi?

ben bedlam

More RTE tripe builidng up and hyping the 'recession' into more than it is.

Cork

It seemed to be an old rehash of RTE news footage.

Watching RTE news once is bad enough.

I surpose with the recession RTE must do cheapo stuff like this.

Not a patch on the David McWilliams stuff.

Firetrap

It's pretty much rehashing what David McWilliams has been saying for years. I seem to remember him going over roughly the same material a couple of years ago. There's also a touch of Richard Curran's Future Shock program in it as well. George is scarier though :eek:

ben bedlam

ben bedlam wrote: »

More RTE tripe builidng up and hyping the 'recession' into more than it is.

What recession? Sure we're doing grand aren't we?

No. This country hasn't even seen half as bad as it could get.

lovinit

2fivers wrote: »

I've done a quick check - Despite the results, people who were on the dole on Friday will still be on the dole tomorrow, despite the weekend's sporting achievements.

Damn the department of Enterprise, Trade & Employment to hell.
Do distant, irrelevant sporting victories mean nothing to them?

I think you have misread what I was trying to say, all i meant was that it was great to have brilliant victories in all this doom and gloom, the news never has anything nice to say nowadays because of the recession but they actually had something cheery to report for a change, sorry if i caused offense to anyone, thats all I am saying:o