"None of our children on the list are getting these houses"

GreeBo

Niner leprauchan wrote: »

Do you see a single person here defending the banks and the bail out?

That's like a murder pointing at Hitler and screaming "but sure look what he did".

It's pure deflection. Just because the 2billion isnt the largest waste of tax money doesn't excuse it or mean it should be just accepted.

You can try and deny it but most of us probable know someone that claiming while doing nixers on the side. Trying to pretend it's a huge minority isn't fooling anyone. Any more than your attempt to convince us that the vast majority in social housing are working but poor.

I can go to work tomorrow, walk into an estate and show you brand new cars, some older but expensive cars and **** all people getting the bus to work for 9am. I know it, you know and the other users here now it.

What I don't understand is why genuine people that do actually work and live in social housing, tolerates and defends these people when they are laughing at you just as much as me.

I don't defend the banks, but I do defend the bailout. The alternative didn't hear thinking about.

GreeBo

DelaneyIn wrote: »

Her and her family are living off the state. They’ve been handed a brand new free gaff.

If foreigners cannot afford to live here, then they must not be allowed to live here. They must be repatriated.

Not hooked up with a free gaff when we have a major housing crisis. That’s insanity.

What about the Irish who can't afford to live here?

Geuze

BanditLuke wrote: »

We spend 3 times that alone on interest on the bank gambling debt. INSANITY

We do not.

Interest on the 200bn public debt is 5.235 bn.

https://www.cso.ie/en/releasesandpublications/er/gfsa/governmentfinancestatisticsoctober2019/

The re-capitalisation of the banks cost about 64bn gross, BUT, we acquired the six banks in return.

The main net cost will be Anglo/ IN / IBRC, a sickening total loss of maybe 30-40bn.

So of our 200bn public debt, approx 40bn in due to the net cost of the banking crisis.

So that costs maybe 1.2bn in interest.

BanditLuke

DelaneyIn wrote: »

Her and her family are living off the state. They’ve been handed a brand new free gaff.

If foreigners cannot afford to live here, then they must not be allowed to live here. They must be repatriated.

Not hooked up with a free gaff when we have a major housing crisis. That’s insanity.

What "free gaff"?

BanditLuke

Geuze wrote: »

We do not.

Interest on the 200bn public debt is 5.235 bn.

https://www.cso.ie/en/releasesandpublications/er/gfsa/governmentfinancestatisticsoctober2019/

The re-capitalisation of the banks cost about 64bn gross, BUT, we acquired the six banks in return.

The main net cost will be Anglo/ IN / IBRC, a sickening total loss of maybe 30-40bn.

So of our 200bn public debt, approx 40bn in due to the net cost of the banking crisis.

So that costs maybe 1.2bn in interest.

Disgraceful really.

BanditLuke

Bank welfare scrongers

https://www.irishtimes.com/business/economy/ireland-paid-over-60bn-interest-on-national-debt-in-10-years-1.3942814

6 billion a year over 10 years. Shocking

Wanderer78

BanditLuke wrote: »

Bank welfare scrongers

https://www.irishtimes.com/business/economy/ireland-paid-over-60bn-interest-on-national-debt-in-10-years-1.3942814

6 billion a year over 10 years. Shocking

ah shur tis good for us, or something

Damien360

BanditLuke wrote: »

Bank welfare scrongers

https://www.irishtimes.com/business/economy/ireland-paid-over-60bn-interest-on-national-debt-in-10-years-1.3942814

6 billion a year over 10 years. Shocking

Yes it is a disgrace on its sheer cost. But, if we didn’t get bailed out, there would be no dole, no pensions, no money for healthcare. The country like every country has to get finance on open markets to run the place. We couldn’t get it as we are a small economy. Without the bailout, we would be a damn site poorer and the current interest rates would be unthinkable as ludicrously low. They are not low enough and we signed off at too high a rate but that’s another story.

Now, how and why we ended up in that mess is the issue I have and as far as I can see, we learned nothing and are racing to the same problem again. Spending willy nilly without regard for where the money comes from will wipe the state finances clean.

GreeBo

Damien360 wrote: »

Yes it is a disgrace on its sheer cost. But, if we didn’t get bailed out, there would be no dole, no pensions, no money for healthcare. The country like every country has to get finance on open markets to run the place. We couldn’t get it as we are a small economy. Without the bailout, we would be a damn site poorer and the current interest rates would be unthinkable as ludicrously low. They are not low enough and we signed off at too high a rate but that’s another story.

Now, how and why we ended up in that mess is the issue I have and as far as I can see, we learned nothing and are racing to the same problem again. Spending willy nilly without regard for where the money comes from will wipe the state finances clean.

That's all well and good, but those are just cold hard facts.
What about my gut feeling that it's someone else's problem and they owe me a house?

Damien360

GreeBo wrote: »

That's all well and good, but those are just cold hard facts.
What about my gut feeling that it's someone else's problem and they owe me a house?

I don’t search back through posts so I hope that’s sarcasm. The debt is everybody’s problem. The benefit of the big spend before the bust, went to public services which benefit all and public pay which benefits the few. The country spent stupid. Developers and banks fuelled it but we all benefited. Nobody is owed a free house. Nothing comes for free. Even a free house is paid for by taxes which we all pay.

Antares35

Damien360 wrote: »

I don’t search back through posts so I hope that’s sarcasm. The debt is everybody’s problem. The benefit of the big spend before the bust, went to public services which benefit all and public pay which benefits the few. The country spent stupid. Developers and banks fuelled it but we all benefited. Nobody is owed a free house. Nothing comes for free. Even a free house is paid for by taxes which we all pay.

We didnt all benefit. Some of us were students while the crash happened, looking on at the crazy spending that the generation above us were carrying on. It's our problem now though. I've never known a situation where I dont pay USC and probably never will.

GreeBo

Damien360 wrote: »

I don’t search back through posts so I hope that’s sarcasm. The debt is everybody’s problem. The benefit of the big spend before the bust, went to public services which benefit all and public pay which benefits the few. The country spent stupid. Developers and banks fuelled it but we all benefited. Nobody is owed a free house. Nothing comes for free. Even a free house is paid for by taxes which we all pay.

I thought it was obvious, but yes, that was sarcasm alright!

GreeBo

Antares35 wrote: »

We didnt all benefit. Some of us were students while the crash happened, looking on at the crazy spending that the generation above us were carrying on. It's our problem now though. I've never known a situation where I dont pay USC and probably never will.

Students availing of effectively free 3rd level education?

You are now a worker "looking on" while SF plan to rob Antares to pay Yurt.

bigroad

The Galway tent was a contribution factor to our debt problems not SF.

VinLieger

GreeBo wrote: »

Students availing of effectively free 3rd level education?

You are now a worker "looking on" while SF plan to rob Antares to pay Yurt.

While I agree with the SF comment, student registration fees which are tuition fees simply by another name, in the last 15 years have effectively tripled for most major universities, we objectively havent had free 3rd level education for at least a decade

Yurt2

GreeBo wrote: »

Students availing of effectively free 3rd level education?

You are now a worker "looking on" while SF plan to rob Antares to pay Yurt.

You're as predictable as you are basic GreeBo. Like all oh so clever hard working boys, you try to paint everyone who disagrees with you as some sort of welfare recipient. Obnoxiousness doesn't translate into constructing a decent arguement, and you'd do well to remember that.


I'd love for you to see my P60 for last few years, it would soften your cough.

Antares35

GreeBo wrote: »

Students availing of effectively free 3rd level education?

You are now a worker "looking on" while SF plan to rob Antares to pay Yurt.

It is far from free.

Damien360

Antares35 wrote: »

It is far from free.

In comparison to many European countries and particularly the US, ours is effectively free or at the very least extremely cheap.

jimmycrackcorm

BanditLuke wrote: »

Bank welfare scrongers

https://www.irishtimes.com/business/economy/ireland-paid-over-60bn-interest-on-national-debt-in-10-years-1.3942814

6 billion a year over 10 years. Shocking

We've spent 200 billion in social welfare over the last ten years, 20b a year.

Just for perspective

Eric Cartman

jimmycrackcorm wrote: »

We've spent 200 billion in social welfare over the last ten years, 20b a year.

Just for perspective

If everyone took one for the team and just went without welfare we could have the national debt paid off in no time, the workers and businesses are already doing more than their fair share, about time some of those who benefit the most from the state give something back.

satguy

Eric Cartman wrote: »

If everyone took one for the team and just went without welfare we could have the national debt paid off in no time, the workers and businesses are already doing more than their fair share, about time some of those who benefit the most from the state give something back.

Or maybe Dinny and the other FG golden circle might close their offshore bank accounts, and pay a litttle bit of tax.

Maybe FG stop giving vulture funds, free stuff from the NAMA holdings.

BanditLuke

jimmycrackcorm wrote: »

We've spent 200 billion in social welfare over the last ten years, 20b a year.

Just for perspective

Money well spent IMO.

Deebles McBeebles

BanditLuke wrote: »

What "free gaff"?

Must be the 1,000th time this question has been asked on Boards. There should be some sort of prize.

Mic 1972

Deebles McBeebles wrote: »

Must be the 1,000th time this question has been asked on Boards. There should be some sort of prize.

It's a good sing that people don't know what a free gaff is, maybe it's because they pay for their own

Geuze

Damien360 wrote: »

In comparison to many European countries and particularly the US, ours is effectively free or at the very least extremely cheap.

At 3,000 pa, I would not call college fees "extremely cheap".

Yes, they are lower than US and UK, ok.

But they are way higher than most EU countries.

vriesmays

Of course they're lower than the UK/USA - they have the best universities, we have yellow pack ones.

GreeBo

Antares35 wrote: »

It is far from free.

I'm not talking about what it is *now*, because neither were you!

You said (in case you have forgotten)
"Some of us were students while the crash happened"

Now as far as I'm aware the crash was quite a number of years ago...what were the 3rd level fees at the time?

Idbatterim

Damien360 wrote: »

Yes it is a disgrace on its sheer cost. But, if we didn’t get bailed out, there would be no dole, no pensions, no money for healthcare. The country like every country has to get finance on open markets to run the place. We couldn’t get it as we are a small economy. Without the bailout, we would be a damn site poorer and the current interest rates would be unthinkable as ludicrously low. They are not low enough and we signed off at too high a rate but that’s another story.

Now, how and why we ended up in that mess is the issue I have and as far as I can see, we learned nothing and are racing to the same problem again. Spending willy nilly without regard for where the money comes from will wipe the state finances clean.

the bailout was a moral disgrace, but necessary. the anglo and irish nationwide debt, shouldnt have been paid. Selling off prime nama stuff for a pittance was another farce. The lesson to learn is, dont (ireland) put yourself in that situation again. We were the ones with the begging bowl out, this country wouldnt know what a tough choice was! But I will tell you, a tough choice would have been burning the banks and cutting expenditure to match national income. We will always been held over a barrel here, if they **** hits the fan again,because the big boys, see ireland for the push over it is... Like Burton and "our way or frankfurts way" its like the local boy scout v the local drug lords!

mikemac2

That was Eamonn Gilmore with that quote. He was the party leader after all

Idbatterim

mikemac2 wrote: »

That was Eamonn Gilmore with that quote. He was the party leader after all

particularly with the champagne socialist, what did he think the alternative was? cut spending by what? 20-30 billion a year? LOL! Even the mickey mouse welfare cuts and public service cuts were a drop in the ocean, imagine they had to balance spending! :rolleyes: