Cowen to make statement to the dail at 5pm today

oppenheimer1

The topic is on the economy. Perhaps its a big announcement?

http://www.irishtimes.com/newspaper/breaking/2010/1116/breaking1.html

Mr Benevolent

Perhaps? No, it's definitely a big announcement imo.

BeeDI

Confab wrote: »

Perhaps? No, it's definitely a big announcement imo.

He will begin with the imortal words, of his once great master CJ Haughey, "Ireland as a country, has been living way beyond it's means":D

Liam Byrne

"We have turned (another) corner" ?

I hope he doesn't say that "it's 5pm", because then I'll be really confused, given that I don't believe a word the guy says.

feicim

I'd say its to announce we are getting a "bail-out". (Hope I'm wrong.)

ebbsy

Im sure he will say that everything is ok.

Which means we can put our heads between our legs and kiss our asses goodbye.

Idbatterim

how many corners have we turned at this stage?

Tipp Man

Possibly moving forward of the budget date??

Probably just another turned corner, don't worry statements. The best thing he could do is shut up and then the markets might actually calm down a bit

BeeDI

Jays, Vincent Browne, will be in some form tonight :D

LookingFor

Idbatterim wrote: »

how many corners have we turned at this stage?

Enough so that we're right back where we started.

InigoMontoya

Idbatterim wrote: »

how many corners have we turned at this stage?

I think by now we are "twirling, twirling, twirling towards freedom".[/Kodos]

Mr.Micro

Maybe he will announce his resignation as " I and my party aided and abetted by the Greens have done enough damage to the nation, I will now be handing over they keys of the country to the EU?

steamengine

Bloomberg mentioning it every few minutes now !

sollar

Liam Byrne wrote: »

"We have turned (another) corner" ?.

Yeah we have turned a corner..... a vertical corner... better known as a cliff!!

steve9859

Just got back from work and switched on TV. Was a little shocked!

BBC, CNBC and bloomberg now reporting stuff like "monetary union threatened", "is this the end of the euro", "ireland's resistance putting union at risk" and other such soundbites. It seems like things are escalating. Even though these headlines are sensationalist, as long as people think that, I would think that it is game over today. So I wouldnt be surprised if this is the bailout announcement

oppenheimer1

CNBC are covering Dáil proceedings live.

beagle001

Those damn Lehman brothers poor brian

Mr.Micro

oppenheimer1 wrote: »

CNBC are covering Dáil proceedings live.

I hope that he is sober and does not sound slurred.

oppenheimer1

Mr.Micro wrote: »

I hope that he is sober and does not sound slurred.

I imagine he might be feeling the effects of sleep deprivation

damoz

oppenheimer1 wrote: »

I imagine he might be feeling the effects of sleep deprivation

Can someone relay on the bad news. No sound card so wont be able to hear his wise words - luckily.

oppenheimer1

Its the whole cabinet is there, its looking like real bad news.

Sticky_Fingers

oppenheimer1 wrote: »

Its the whole cabinet is there, its looking like real bad news.

I wonder has Bertie decided to show up or is he off cowering under a rock like the maggot that he is.

Mr.Micro

Sticky_Fingers wrote: »

I wonder has Bertie decided to show up or is he off cowering under a rock like the maggot that he is.

probably in a cupboard somewhere.

Nody

Idbatterim wrote: »

how many corners have we turned at this stage?

The economy has gone fractal, we have endless corners to turn

Zynks

Where is the opposition? It makes no sense...

oppenheimer1

Ireland has made no application for support!

Einstein

oppenheimer1 wrote: »

Ireland has made no application for support!

I think they're pretty much forcing it on us tbh

zzzzz

He is so good at talking ****e.

jimmycrackcorm

Move along - nothing to see here....

Kristopherus

Said absolutely nothing that was'nt already known. Only real point he made was that we had not applied for a bailout.

Drumpot

Sticky_Fingers wrote: »

I wonder has Bertie decided to show up or is he off cowering under a rock like the maggot that he is.

Sure if bertie was still in charge we wouldnt be in this mess . .:rolleyes:

LookingFor

Bored now.

Only hint was the talk of having to reassure the markets alongside EU partners and so on.

edit - I guess this was really timed to help Lenihan in his meeting tonight. To make it look like we're still strongly resisting so that other eurozone members might be even more desperate during the ecofin meeting.

paulocon

Fair play to the rest of them... the just about managed to stay till the end before feckin' off to the bar.

Zynks

Is that still being shown live by CNN and others? Kenny's speech is on the strong side...

jimmycrackcorm

Listen to Enda now - he sounds so much like a priest - I'm just waiting for the Amen bit.

DeadParrot

Enda pontificating

Drumpot

jimmycrackcorm wrote: »

Listen to Enda now - he sounds so much like a priest - I'm just waiting for the Amen bit.

The problem is not his speech, its that he just doesnt have the passion or ability to convince. .

I dont think Gilemore has any substance, but he can certainly give a better speech then that ! !

mrgaa1

I'm still looking for the ventriliquosts arm up Kennys a*se....... or is there string hanging from the ceiling.
A bunch of muppets

oppenheimer1

damp squib... not that i'm complaining

steamengine

Nody wrote: »

The economy has gone fractal, we have endless corners to turn

AKA going round in circles

Mr.Micro

Well that's that then, if we are forced to take the bailout then BIFFO can tell us all it was not his fault that he never applied for it.

Inquitus

Enda demonstrating why he should never be allowed to be Taoiseach.

LookingFor

I think the opposition leaders were expecting more from the Taioseach's speech. Really bad news or something.

"I believe this country's best days are ahead of it' was clearly from Gilmore's prepared remarkes in case of news...he's now diverging from them...

Zynks

Gilmore is the first one to talk without a script... not needing an advisor to write his stuff says a lot to me.

Drumpot

IN all fairness, Gilemore can certainly speak alot better then Kenny . . if his policies would be more clear and concise, I would certainly feel more comfortable voting for labour. .

Inquitus

And now Gilmore completes the 3 stooges set, why oh why are all 3 party leader soo utterly devoid of leadership ability.

LookingFor

Drumpot wrote: »

IN all fairness, Gilemore can certainly speak alot better then Kenny . . if his policies would be more clear and concise, I would certainly feel more comfortable voting for labour. .

Oh between the three, Gilmore is my preferred personally. I wasn't getting a dig in, just pointing out it seemed they were all expecting 'the big announcement'.

jimmycrackcorm

Zynks wrote: »

Gilmore is the first one to talk without a script... not needing an advisor to write his stuff says a lot to me.

Saying a lot and but telling us nothing - he'd make a great preacher though.

Enda can only manage to string a maximum of four words together before pausing for a second and mostly pauses within two seconds.

Paul Gogarty has the laptop out - no doubt either twittering or reading this thread - Big "Hi" to Paul.

Drumpot

Looks like FF did another "masterstroke" . . It appears the opposition parties were prepared for "bailout" announcement . .

Political pointscoring is alive and well . .

Cowen didnt need to make that speech in the Dail, as Gilemore was right that it didnt really tell us anything we didnt already know, it was practically a sales pitch that has little credibility. .

DiscoStu

To me this is either biffo not willing to stand up and announce the bailout to the people and is going to wait for the eu finance ministers at 19.00 to deliver the news, or, he's given the two fingers to the eu.

both stink of saving face for ff above all other considerations.

southsiderosie

Wow, Gilmore calling for elections to boost market confidence; can't wait for the media reaction here.