Alternative to "burning the bondholders"?

N64

I am sick and tired of readings posts on after hours stating that we should "burn the bondholders". I am by no means a fully fledged economist but I have a bit of a background on the subject and and feel burning the bondholders is the wrong way of going about things.

What do the well informed readers of this board think we should do? :rolleyes:

working fool

Hang them ?

ChunkyLover_53

I was always of the opinion that we should stab them with the pitchfork a few times before we get to the burnin'

msg11

Burn the tax payer ...

Wait they are doing that..

Em ? No idea...

donvito99

Freeze them

Lawrence1895

ChunkyLover_53 wrote: »

I was always of the opinion that we should stab them with the pitchfork a few times before we get to the burnin'

You have to pour some petrol over them as well, I suppose

*hides in the fireplace*

Johro

Just lightly scald them then.

Zebra3

N64 wrote: »

I am sick and tired of readings posts on after hours stating that we should "burn the bondholders". I am by no means a fully fledged economist but I have a bit of a background on the subject and and feel burning the bondholders is the wrong way of going about things.

What do the well informed readers of this board think we should do? :rolleyes:

Bondholders are pivate gamblers who bet and lost, but who we, the Irish taxpayer, are giving them back their losses because our retarded politicans.

"Burning" them is only a phrase.

If we stop paying back these losers, we can cut taxes/invest in the economy/avoid cutting services, i.e. it's win-win.

N64

http://goo.gl/Y1m2z

Johro

Lars1916 wrote: »

You have to pour some petrol over them as well, I suppose

*hides in the fireplace*

Wrong place to hide.

Super-Rush

N64 wrote: »

I am sick and tired of readings posts on after hours stating that we should "burn the bondholders". I am by no means a fully fledged economist but I have a bit of a background on the subject and and feel burning the bondholders is the wrong way of going about things.

What do the well informed readers of this board think we should do? :rolleyes:

Well seeing as our idea of burning them was wrong, why don't you tell us what we should do.

N64

Zebra3 wrote: »

Bondholders are pivate gamblers who bet and lost, but who we, the Irish taxpayer, are giving them back their losses because our retarded politicans.

"Burning" them is only a phrase.

If we stop paying back these losers, we can cut taxes/invest in the economy/avoid cutting services, i.e. it's win-win.

But we risk locking ourselves out of the international bond market and that would be a bad situation to put ourselves in. I know burning the bondholders is just a term, hence why I put it in quotation marks.

wolfeye

I would burn the bonds instead,sure should'nd they be worthless.

Lawrence1895

Johro wrote: »

Wrong place to hide.

I can't hide under the carpet, they found me there the last time

ejmaztec

Tickle them to death.

senorwipesalot

What?
Was 007 kidnapped?

My name is URL

Dazzle them with interpretive dance?

N64

Can a moderator please lock this thread please?

This forum does not seem intelligent enough to answer my question.

Cee-Jay-Cee

Shoot them in the lower limbs...twice.

eth0

Take the bonds off them?

Give them more money we don't even owe them (Enda's solution)

Chucken

N64 wrote: »

Can a moderator please lock this thread please?

This forum does not seem intelligent enough to answer my question.

N64

Chucken wrote: »

Do you constitute "Just lightly scald them then" as a solution to solving Irelands economic crisis? I do not.

Chucken

N64 wrote: »

Do you constitute "Just lightly scald them then" as a solution to solving Irelands economic crisis? I do not.

No! I do not :mad:











I'd be more for pulling out their toenails.

BBDBB

phasers set to "extra starch in underwear"

Johro

Lars1916 wrote: »

I can't hide under the carpet, they found me there the last time

Wow.. Hard to imagine how they managed that. Try in the fridge next time. Nobody looks in the fridge.

WoollyRedHat

Get to know them better. We need love, not fire, down with violence man, peace and love.

Super-Rush

N64 wrote: »

Can a moderator please lock this thread please?

This forum does not seem intelligent enough to answer my question.

Don't come on here and insult people.

Johro

N64 wrote: »

Do you constitute "Just lightly scald them then" as a solution to solving Irelands economic crisis? I do not.

It's a start.

Johro

Super-Rush wrote: »

Don't come on here and insult people.

:D

N64

Super-Rush wrote: »

Don't come on here and insult people.

How exactly am I insulting people? Do you find that the replies to my thread are intelligent/serious?

Perhaps you could lock this thread and I could start a new one over on the Irish economy forum ? Cheers.

BBDBB

bye now

Johro

CJC999 wrote: »

Shoot them in the lower limbs...twice.

One in each? Or two in each?? Seems a little OTT.

K3lso

N64 wrote: »

How exactly am I insulting people? Do you find that the replies to my thread are intelligent?

this is AH. if you want a real debate on the issue, post elsewhere. you'll get the answers you need.

Biggins

For the record seeing as our incompetent government can't identify who some bondholders are...

YOOO HOOO Government - here is a few: http://www.diarmaidcondon.com/who-are-the-bondholders-ireland-wont-burn/
(P.S. Government, Noonan is one too! Don't say I told you!)

But they are not by far the lot of them and to quote the Irish examiner (LINK):

It is too late for Ireland to benefit from any change as only about €160m in outstanding payments is owed to senior, unsecured, debt-holders in Anglo and Irish Nationwide — now IRBC.

So lets (or not) move away from the Anglo/IRBC if that part debate comes up.

To quote another good poster from here:

Seaneh wrote: »

Senior bond holders are actually a very small part of the banks debt.
The vast majority is owed to other European banks.

The only debt we, as a nation, should be paying back, at all, is the national debt, the money the government borrowed for the running of the country.

Tell the banks to get stuffed and sort their own mess out.

We are paying out to gamblers - the UNSECURED bondholders - when we do NOT have to.

LETHAL LADY

N64 wrote: »

How exactly am I insulting people? Do you find that the replies to my thread are intelligent/serious?

Perhaps you could lock this thread and I could start a new one over on the Irish economy forum ? Cheers.

So far all you have said is not to burn them as this would lock us out of the markets. Can you expand further on this, for us simple folks like.

washman3

Ah sure feckit just pay them. its less hassle. just let the taxpayer,the old,the disabled,the children,the students take the pain.
in return, get you head patted by the European Elites, be feted for being the best kid in the class and get your picture on the cover of Time magazine.;)

Johro

N64 wrote: »

How exactly am I insulting people? Do you find that the replies to my thread are intelligent/serious?

Perhaps you could lock this thread and I could start a new one over on the Irish economy forum ? Cheers.

Go on go on go on go on go on...

Chucken

I quite liked the lightly scalding option

BBDBB

depends on where you scald em

Snowie

batter them to death and deep fry them in duck fat

Johro

Chucken wrote: »

I quite liked the lightly scalding option

I thank you.

Chucken

BBDBB wrote: »

depends on where you scald em

Well I'd probably do it outside, there'd be less mess :cool:

Johro

Snowie wrote: »

batter them to death and deep fry them in duck fat

ooooooooooooooohhhhh.....
That's gotta be illegal...

BBDBB

Chucken wrote: »

Well I'd probably do it outside, there'd be less mess :cool:

wear rubber gloves


it wont help, I just like the look:D

Chucken

Johro wrote: »

ooooooooooooooohhhhh.....
That's gotta be illegal...

Depends on if you're caught or not

Johro

BBDBB wrote: »

wear rubber gloves


it wont help, I just like the look:D

*puts on rubber gloves, says 'this won't hurt a bit' through lying teeth*

Super-Rush

N64 wrote: »

How exactly am I insulting people? Do you find that the replies to my thread are intelligent/serious?

Perhaps you could lock this thread and I could start a new one over on the Irish economy forum ? Cheers.

You think that saying this forum isn't intelligent is not an insult toward the fine people of After Hours?

BBDBB

:eek:

Its like the market fell out of my bottom

WoollyRedHat

N64 wrote: »

Can a moderator please lock this thread please?

This forum does not seem intelligent enough to answer my question.

You don't seem intelligent enough to post in the right forum. Also N64? Get with the times man.

BBDBB

Im not intelligent


they directed me to After Hours:o:(

washman3

To put it into context on a smaller scale, go into your local bookies tomorrow and place €50 on a horse in any race. your horse is at odds of 20/1
your horse finishes last. tomorrow evening return to the bookie and demand your money back.
The bookie not only gives you back your €50 but also gives you the cash you would have won if your horse finished first, €1000.
he borrows this €1000 from a bigger bookie with a promise to pay him back €1100.
The bookie is terrified if he does'nt do this you will not return to him again.
this is the exact concept that unsecured bondholders are now being paid, just its on a mind-boggling scale.

P.S. how long do you think your bookie would remain in business...;)