Happy Donie Cassidy Day everyone!

oceanclub

http://www.facebook.com/home.php#/group.php?gid=49539858931&ref=ts

Senator Donie Cassidy publicly declared on April 10 last year that house prices would rise between 25pc and 30pc within the space of 12 months.

"I will remind the house, perhaps in 12 or 18 months, when prices have again increased by 25pc or 30pc, that they were told this by the leader of the house on this historic day, the 10th anniversary of the Good Friday Agreement," he said.

I'm sure everyone in this group is delighted to acknowledge the huge boost in house prices, and how well Donie's party is going. Good man.

P.

gurramok

A govt minister pimping the construction industry, surprise surprise.

Wonder if he has any property interests?

oceanclub

gurramok wrote: »

A govt minister pimping the construction industry, surprise surprise.

Wonder if he has any property interests?

Why, that's extremely cynical of you. Donie only has the interest of young erstwhile property buyers at heart, who are fed up with paying Rent (It's Dead Money You Know) and would rather pay interest (Interest Is Never Dead Money Even When It's More Than the Equivalent Rent You Know).

But, as it happens, he does seem to own rather a lot of property that he makes rental income from, but that is entirely coincidental (sure how is he expected to make ends meet on a Senator's salary?):

http://www.oireachtas.ie/documents/publications/RegofInterestsSeanad2007.pdf

Register of Members Interests of Seanad Éireann 1 January 2007 - 31 December 2007

CASSIDY, Donie
1. Occupational Income …….. Rental Income:
(1) Granby Row, Dublin 1;
(2) 59 The Green, Beaumont Woods, Dublin 9;
(3) 28 Molesworth Street, Dublin 2;
(4) Belvedere Hotel, Great Denmark Street, Dublin 1;
(5) Cassidys Hotel, 6, 7, 8 Cavendish Row and 9 Rutland
Place, Dublin 1;
(6) Lir Building, 52 Oliver Plunkett Street, Mullingar,
Co. Westmeath;
(7) 171 Belvedere Hills, Mullingar, Co. Westmeath;
(8) 7 Gardiner Row, Dublin 1;
(9) Dorset Hotel, Granby Row, Dublin 1;

P.

ZYX

oceanclub wrote: »

But, as it happens, he does seem to own rather a lot of property that he makes rental income from, but that is entirely coincidental (sure how is he expected to make ends meet on a Senator's salary?):
P.

Although he has a few expenses to help him out as well
http://www.independent.ie/national-news/senates-gravy-train-rolls-on-to-83643m-1586779.html

Senate's 'gravy train' rolls on to €3m

" 'house leader' Donie Cassidy tops the list with a total expenses package of €72,188.
Senator Cassidy, from Castlepollard, Co Westmeath, claimed €50,663 in expenses and received €21,525 as the FF leader in the house, giving him his large total. "

Supercell

Donie, is FF encapsulated in one person, this is exactly what we voted into power, he is FF personified.
In Safe Hands.

oceanclub

ZYX wrote: »

Although he has a few expenses to help him out as well
http://www.independent.ie/national-news/senates-gravy-train-rolls-on-to-83643m-1586779.html

Senate's 'gravy train' rolls on to €3m

Well, it takes a lot of money to keep your hair looking this good:

http://www.independent.ie/multimedia/archive/00171/donnie_171791t.jpg

P.

Supercell

Stolen from the pin ...just to good not to share for all to bask in the greatness that is Donie, hero and loyal servant of the Republic and all its citizens.

Thanks "What Goes Up" on the pin, great pic

gurramok

Is that a wig he's wearing?

ronbyrne2005

Cassidy represents all that is wrong in politics and business in this country. When i find Fianna Failures like him at my door i just repeat to them, "cronyism, nepotism, cutehoorism, gangsterism,ineptitude and corruption"

oceanclub

Happy 4th Donie Cassidy day, everyone. I'm amazing to think how property prices have shot through the roof since Donie's prediction.

P.

Enduro

Nice one Oceanclub

Was that you being featured as a non-buyer in the Sunday Times property section recently?

oceanclub

Enduro wrote: »

Nice one Oceanclub

Was that you being featured as a non-buyer in the Sunday Times property section recently?

Yup, twas me indeed - I'm sure Donie was weeping over my skepticism....

P.

Zamboni

oceanclub wrote: »

Yup, twas me indeed - I'm sure Donie was weeping over my skepticism....

P.

Link?

oceanclub

Zamboni wrote: »

Link?

Behind a paywall unfortunately - I haven't seen it online myself...

P.

Duckjob

But there's unbeeelleeeeeeeeeeeeevable value out there for first time buyers

GetWithIt

Thread is too cynical for me. Much like a stopped clock, Donnie will eventually be proved right.

oceanclub

GetWithIt wrote: »

Thread is too cynical for me. Much like a stopped clock, Donnie will eventually be proved right.

Um, given that his prediction was that prices would go up by 2009, that's a temporal impossibility.

P.

GetWithIt

Senator Donie Cassidy: We have a duty to tell first-time house buyers, young couples with no previous experience, that there is unbelievable value in the marketplace today. It will not last forever. It is never the wrong time to do the right thing. I offer the House the benefit of my experience and my opinion which is all any Member can do. I will remind the House, perhaps in 12 or 18 months, when prices have again increased by 25% or 30%, that they were told this by the Leader of the House on this historic day, the tenth anniversary of the Good Friday Agreement.

Nope. He suggests that they will definitely rise by that amount but is tentative on the time frame. Perhaps 12 or 18 months. Perhaps 12 or 18 years.

oceanclub

GetWithIt wrote: »

Nope. He suggests that they will definitely rise by that amount but is tentative on the time frame. Perhaps 12 or 18 months. Perhaps 12 or 18 years.

You're right; he's a financial genius.

P.

Snakeblood

GetWithIt wrote: »

Nope. He suggests that they will definitely rise by that amount but is tentative on the time frame. Perhaps 12 or 18 months. Perhaps 12 or 18 years.

That'd be a tenable position if he didn't make the timeframe he was thinking clear. As it is, he was totally wrong.

Duckjob

Snakeblood wrote: »

That'd be a tenable position if he didn't make the timeframe he was thinking clear. As it is, he was totally wrong.

When he made that speech, I'm sure Donie knew full well that the chances of a 25-30% rise in the following 12-18 months were non-existant.

The whole purpose of saying that was to panic FTBs into loading themselves up with huge debts to further his own self serving, grubby little agenda. Worse still, he was let do so on taxpayers time.

The man's a disgrace.