Laughin' my head off

PaulHardwick

OK so everyone is mouthing off about people on welfare.

As if they caused the problem. It was those boys in the suits and ties that fleeced you lot. They ripped billions out of your pensions, slashed your wages and further drive up the cost of living.

And you bow down before your betters, as they rip you off, before turning to those on welfare and having a go at them.

Same old scams, same old people falling for the scams. Your children are now born with €20,000 worth of debt on their backs, did the welfare people do that.

Maybe we should all go on the welfare and teach these modern day scam artists a lesson????

You lot are a laughing stock, why not go back to your Friends repeats and quit your whining.

Villain

Why is that debt there? Would it be because we are obsessed with owning property in this country?

Would it be because Middle Class people thought 1 house wasn't enough?

Would it be because we thought driving 70 grand Jeeps was normal?

Greed is why we have the debt.

PaulHardwick

Villain wrote: »

Why is that debt there? Would it be because we are obsessed with owning property in this country?

Would it be because Middle Class people thought 1 house wasn't enough?

Would it be because we thought driving 70 grand Jeeps was normal?

Greed is why we have the debt.

Greed?? Greed is as old as humanity.

The pesants blaming themselves.

The economic crash in brief;

The bankers lend out money like F'uck, they then cut the money supply so people cannot pay back loans. They then clean up on reposessions. Oldest trick in the book. Planned.

DamagedTrax

PaulHardwick wrote: »

The bankers lend out money like F'uck, they then cut the money supply so people cannot pay back loans. They then clean up on reposessions. Oldest trick in the book. Planned.

totally 100% - when you control the flow of money you control the entire country.

Villain

Who did the bankers lend money to, people who went into banks blindfolded with no idea what they were buying?
Sorry but anyone who has a mortgage they can't afford took the decision to take that mortgage on.

Yes tighter banking regulation would have prevented people from getting mortgages because they were too high risk, but did you ever stop to think that people should be responisble for their own actions?

mike65

Lets laugh at this instead (or cry)

https://www.youtube.com/watch?v=mLA-4zZM0cI

whippet

PaulHardwick wrote: »

The bankers lend out money like F'uck, they then cut the money supply so people cannot pay back loans. They then clean up on reposessions. Oldest trick in the book. Planned.

That makes zero sense !!!!

Cleaning up on reposessions !!! yeah lend out €750k on a house, recieved €30k in repayments, reposses the house and sell it on at new market rate of €500k .... that really is cleaning up alright!!!!!

Straight from the Joe Higgins school of propaganda!!

I went in to a bank a few years back looking for a mortage of €270k, all my workmates and friends said I should have gotten a mortgage for €400k and bought the house with the extra bedroom, walk-in wardrobes and the rest. I decided that I didn't want to spend that much a month on my home, I was prudent, some were not ... guess who is struggling?

DamagedTrax

Villain wrote: »

Yes tighter banking regulation would have prevented people from getting mortgages because they were too high risk, but did you ever stop to think that people should be responisble for their own actions?

their own actions were perfectly acceptable. plenty of people now losing homes could have easily met payements 2 years ago before the loss of job (or whatever reson they face hardship now).

..and why are people now in this position? the GREED of the banking sector.

PaulHardwick

DamagedTrax wrote: »

totally 100% - when you control the flow of money you control the entire country.

Give me control of a nations money supply, and I care not who makes it’s laws.

Mayer Amschel Rothschild, founder of the Rothschild banking dynasty.

PaulHardwick

Villain wrote: »

Yes tighter banking regulation would have prevented people from getting mortgages because they were too high risk, but did you ever stop to think that people should be responisble for their own actions?

People were so mind f'ucked by the media propaganda they did not know what day of the week it was.

Any banker knew exactly what was going on. They knew a secretary on €25,000 a year could not afford a €25,000 apartment. They put it over 30 years and lent away.

Villain

DamagedTrax wrote: »

their own actions were perfectly acceptable. plenty of people now losing homes could have easily met payements 2 years ago before the loss of job (or whatever reson they face hardship now).

..and why are people now in this position? the GREED of the banking sector.

So people thought they were always going to be earning the same wages as 2 years ago and based their decision on that? Well that was the decision they took no-one forced them to buy houses are crazy prices based on crazy salaries, I mean did people actually expect us to be able to keep building 70 odd thousand homes a year did they really think this was going to continue forever?

If so they were very very naïve

PaulHardwick

whippet wrote: »

That makes zero sense !!!!

Cleaning up on reposessions !!! yeah lend out €750k on a house, recieved €30k in repayments, reposses the house and sell it on at new market rate of €500k .... that really is cleaning up alright!!!!!

You have no knowledge of the banking system. market rates mean nothing, money is an abstract belief system. A house is reality.

Climber

We must service long-term (+35 years) debt (mortgage) by earning a steady income. But the modern jobs market has no guarentees, no security, no reason to beleive that we'll be able to actually pay off our +30 year mortgage!

I think my parents generation were better off than we are now

Rockshamrover

Villain wrote: »

Who did the bankers lend money to, people who went into banks blindfolded with no idea what they were buying?
Sorry but anyone who has a mortgage they can't afford took the decision to take that mortgage on.

Yes tighter banking regulation would have prevented people from getting mortgages because they were too high risk, but did you ever stop to think that people should be responisble for their own actions?

I think everybody gets a share of the blame not just one segment of society. The only ones getting any help though seem to be the bankers and the developers.

DamagedTrax

Villain wrote: »

So people thought they were always going to be earning the same wages as 2 years ago and based their decision on that? Well that was the decision they took no-one forced them to buy houses are crazy prices based on crazy salaries, I mean did people actually expect us to be able to keep building 70 odd thousand homes a year did they really think this was going to continue forever?

If so they were very very naïve

so what you're saying basically is that anyone who bought a property and is now in danger of losing it because of the current economic climate, only have themselves to blame?

seriously dude, are the lights on upstairs?

Villain

PaulHardwick wrote: »

People were so mind f'ucked by the media propaganda they did not know what day of the week it was.

Any banker knew exactly what was going on. They knew a secretary on €25,000 a year could not afford a €25,000 apartment. They put it over 30 years and lent away.

People need to be responsible for their actions, that secretary could have rented an apartment and now she wouldn't have a huge debt, the banker didn't kidnap her on the street and force her to sign a mortgage.

People should stop looking for people to blame and accept responsibility for their actions, btw the majority of people also voted for the Government that allowed all this to happen too so no point blaming them

mickos

Villain wrote: »

So people thought they were always going to be earning the same wages as 2 years ago and based their decision on that? Well that was the decision they took no-one forced them to buy houses are crazy prices based on crazy salaries, I mean did people actually expect us to be able to keep building 70 odd thousand homes a year did they really think this was going to continue forever?

If so they were very very naïve

Of course people thought they were going to be earning the same wages or more than 2 years ago. Everything was rising with no obvious sign of any different to those not in the know. I know I would have never expected a pay cut in a secure job 2 years ago and most people would of been the same. Thankfully I didn't buy a house and my job is relatively secure. For those that got sucked into the mess I feel sorry for them and I don't think they deserve your scorn.

Villain

DamagedTrax wrote: »

so what you're saying basically is that anyone who bought a property and is now in danger of losing it because of the current economic climate, only have themselves to blame?

seriously dude, are the lights on upstairs?

Exactly they took the decision to take out the Mortgage and they knew the risk of what happens if they can’t make the payments, I mean people did read the contracts they sign or hear every add advertising mortgages that said “failure to repay will result in you losing your home”

You can’t blame anyone else

PaulHardwick

Villain wrote: »

You can’t blame anyone else

The people were sold up the river by the politicians and their business mates. End of story.

oppiuy

People should stop looking for people to blame and accept responsibility for their actions, btw the majority of people also voted for the Government that allowed all this to happen too so no point blaming them[/quote]

Couldn't agree more with that..

Villain

mickos wrote: »

Of course people thought they were going to be earning the same wages or more than 2 years ago. Everything was rising with no obvious sign of any different to those not in the know. I know I would have never expected a pay cut in a secure job 2 years ago and most people would of been the same. Thankfully I didn't buy a house and my job is relatively secure. For those that got sucked into the mess I feel sorry for them and I don't think they deserve your scorn.

So those of us who didn’t take a gamble and buy a house at an inflated house, or have big car loans and are earning an average wage should be taxed to a height to pay for their mistakes?

People should be responsible for their actions, they knew what they were doing, it’s tough but it’s the reality

Gu3rr1lla

The whole system is to blame. If the banks didnt lend money to anyone there would be no money in circulation. Money wouldnt exist without loans. Money = debt. All economic growth is the confidence to lend out more and more money to anyone making them go into more and more debt and an economic recession is when the ECB calls in the debt. What's worse is that these loans are attached with interest making it mathematically impossible to pay back loans as there will always be more debt than money in circulation. Worse still is during the process of creating money there is no transfer of materials or anything worthy its typed into a computer screen and POOF up it comes on the screen as if its worse something. If you cant afford to pay this fake money back they something of real value off you like your house or car. This is the reason why governments are in hoc to the central bank because they print the money. Our government could easily print our own money without this interest attached.

This is the best video i've seen to date which explains this. It's called Zeitgeist Addendum you can watch the full version on google video.

https://www.youtube.com/watch?v=TY8NuNxb-Q0

https://www.youtube.com/watch?v=uXM974ivKkc

DamagedTrax

Villain wrote: »

Exactly they took the decision to take out the Mortgage and they knew the risk of what happens if they can’t make the payments, I mean people did read the contracts they sign or hear every add advertising mortgages that said “failure to repay will result in you losing your home”

You can’t blame anyone else

wow, im sure christmas round your place is fun :eek:

*Tripper*

PaulHardwick wrote: »

You have no knowledge of the banking system. market rates mean nothing, money is an abstract belief system. A house is reality.

Hahahaha, mate you have absolutely no idea what you're talking about, it's you who has no knowledge of the banking system. Everything your saying is absolute rubbish and ordinary people who also have no knowledge of the banking system are agreeing with you.

Money is an abstract belief system. A house is reality.

Your knowledge is an abstract belief system. Your stupidity us reality.

Villain

PaulHardwick wrote: »

The people were sold up the river by the politicians and their business mates. End of story.

They voted for the Politicians and they accepted the risk.

PaulHardwick

Villain wrote: »

They voted for the Politicians and they accepted the risk.

That is true. I would recommend a zero turn out at the next election.

I never voted in my life, does that mean that they cannot tax me????????????????

DamagedTrax

*Tripper* wrote: »

Your stupidity us reality.

:rolleyes:



couldnt resist.. sorry

Villain

DamagedTrax wrote: »

wow, im sure christmas round your place is fun :eek:

Sure is, I didn't buy a house in the boom, I don't have any fancy car loans and I didn't buy any shares, so yea christmas round my place will probably be a lot more fun than in many homes this year sadly

Villain

PaulHardwick wrote: »

That is true. I would recommend a zero turn out at the next election.

I never voted in my life, does that mean that they cannot tax me????????????????

You never voted in your life and you are complaining about the Governance and regulation of the past??????????:eek:

Rockshamrover

Villain wrote: »

They voted for the Politicians and they accepted the risk.

Villain, any chance of you running the country in your spare time?

DamagedTrax

Villain wrote: »

Sure is, I didn't buy a house in the boom, I don't have any fancy car loans and I didn't buy any shares, so yea christmas round my place will probably be a lot more fun than in many homes this year sadly

so with all that money in your life all you're really lacking is compasion and humanity.

Villain

Rockshamrover wrote: »

Villain, any chance of you running the country in your spare time?

I wish, because I would be getting paid crazy money :P

Villain

DamagedTrax wrote: »

so with all that money in your life all you're really lacking is compasion and humanity.

I have plenty of both and I have been shouting about this Government for the past 7 years to anyone who would listen, I said this would happen years ago, I said the Government was throwing money away etc etc but yet the majority just kept voting them back in.

People now realise what happens when you leave one party in Goverment too long. I feel sorry for those who are having real problems but they took the decisions they wouldn't listen

gcgirl

Anglo in my eyes was Irelands answer to Enron ! What happened to the Anglo Bosses ? Nothing ! I find that Wrong !
Ireland has an unheathy obesson With Ownership We should look at mainland Europe France Spain And so on Its far cheaper to live in, You could Rent a 2 bed flat in Lyon for 300 a month!

mickoneill30

Villain wrote: »

You never voted in your life and you are complaining about the Governance and regulation of the past??????????:eek:

Well that way he can always sit on his high horse saying how everyone else is wrong.

PaulHardwick

gcgirl wrote: »

Ireland has an unheathy obesson With Ownership

Listen love, someone owns the home.

Are you saying we should all be a nations of serfs??

gcgirl

PaulHardwick wrote: »

Listen love, someone owns the home.

Are you saying we should all be a nations of serfs??

Go live in Europe for a while then come back and tell what you think?

Rockshamrover

gcgirl wrote: »

Anglo in my eyes was Irelands answer to Enron ! What happened to the Anglo Bosses ? Nothing ! I find that Wrong !
Ireland has an unheathy obesson With Ownership We should look at mainland Europe France Spain And so on Its far cheaper to live in, You could Rent a 2 bed flat in Lyon for 300 a month!

You are making the same mistake we all make. That's thinking that the powers that be run things for the common good. They run things for their own benefit and when things go wrong they get bailed out and walk away.

PaulHardwick

Rockshamrover wrote: »

You are making the same mistake we all make. That's thinking that the powers that be run things for the common good. They run things for their own benefit and when things go wrong they get bailed out and walk away.

Bang on.

Except that they set up the system to fail so that they can screw the people even harder.

This "the government are out to help us attitude" is insane. But then again the people never waken up to the reality.

Gu3rr1lla

https://www.youtube.com/watch?v=xrQgBpcrJqo

https://www.youtube.com/watch?v=m6NRvOpZP9o

https://www.youtube.com/watch?v=_lXkg0J4PuE

Villain

PaulHardwick wrote: »

Bang on.

Except that they set up the system to fail so that they can screw the people even harder.

This "the government are out to help us attitude" is insane. But then again the people never waken up to the reality.

You don't even vote??

Rockshamrover

PaulHardwick wrote: »

Bang on.

Except that they set up the system to fail so that they can screw the people even harder.

This "the government are out to help us attitude" is insane. But then again the people never waken up to the reality.

I doubt they actually set out to screw us on purpose. It's just a by product of their self serving greed for money and power.

Unfortunately I can't see a way out of that as these guys are all hand in glove.

PaulHardwick

Villain wrote: »

You don't even vote??

Well what are the choices.

Rich man no 1 who is going to screw you

Rich man no 2 who is going to screw you

Rockshamrover wrote: »

I doubt they actually set out to screw us on purpose.
.

Very naive. These boys are ruthless. Read some history.

The Robber Barons, by Josephson.

Sesshoumaru

Villain wrote: »

They voted for the Politicians and they accepted the risk.

Thank you! People need to be told this repeatedly! You voted for Fianna Fail, then you're as much to blame as the politicians!

I also feel sorry for people struggling to pay mortgages on what were grossly over valued houses. But hey we didn't all go crazy and buy houses during the boom years. I'm married and have a child, but I still rent and that's despite having a fairly secure and well paying job. I could have bought a Celtic Tiger house, but I decided I would wait till prices dropped to international norms. Seems I have to be punished now for other peoples mistakes.

Sesshoumaru

PaulHardwick wrote: »

Well what are the choices.

Rich man no 1 who is going to screw you

Rich man no 2 who is going to screw you



Very naive. These boys are ruthless. Read some history.

The Robber Barons, by Josephson.

Excuses excuses. How do you know they would all screw us? Do you have a magic crystal ball?? People who don't vote and then do all the moaning make me sick :mad:

strecker

whippet wrote: »

That makes zero sense !!!!

Cleaning up on reposessions !!! yeah lend out €750k on a house, recieved €30k in repayments, reposses the house and sell it on at new market rate of €500k .... that really is cleaning up alright!!!!!

Straight from the Joe Higgins school of propaganda!!

I went in to a bank a few years back looking for a mortage of €270k, all my workmates and friends said I should have gotten a mortgage for €400k and bought the house with the extra bedroom, walk-in wardrobes and the rest. I decided that I didn't want to spend that much a month on my home, I was prudent, some were not ... guess who is struggling?

Fool! You never heard of 'land grab' (remember, land isn't made anymore!)!!!
As long as you cling to the economic teachings you'll never grasp what's going on!!!

holly1

Villain wrote: »

People need to be responsible for their actions, that secretary could have rented an apartment and now she wouldn't have a huge debt, the banker didn't kidnap her on the street and force her to sign a mortgage.

People should stop looking for people to blame and accept responsibility for their actions, btw the majority of people also voted for the Government that allowed all this to happen too so no point blaming them

First of all I dident vote FF and never did,the corruption started with C.H.that should have rang alarm bells for most people as he cant have been the only baddie in the crop.Have we all forgotten the little problem with FAS only a couple of months ago,the money wasted there was enormous.
The worst thing is the Gov knew this was coming and did nothing to safeguard the country against the crash.NOTHING!!!!!.

*Tripper*

DamagedTrax wrote: »

:rolleyes:



couldnt resist.. sorry

Congratulations, you found a typo. Maybe you should learn to use capital letters and full stops. Moron.

2fivers

PaulHardwick wrote: »

Are you saying we should all be a nations of serfs??

To be honest, painting myself blue, wearing a big white floppy hat & pants and living in a toadstool singing songs all the time doesn't actually sound all that bad right now.

*Tripper*

PaulHardwick wrote: »

That is true. I would recommend a zero turn out at the next election.

I never voted in my life, does that mean that they cannot tax me????????????????

You have never voted? Your political opinion does not matter.

holly1

*Tripper* wrote: »

You have never voted? Your political opinion does not matter.

I agree 100%,If you dont vote you dont have any right to have an opinion.