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Who supports merkel?

  • 12-11-2010 12:09PM
    #1
    wobbles-grogan
    Registered Users, Registered Users 2 Posts: 558 ✭✭✭


    Support Merkel and make the bondholders pay?
    Or support.....eh..everyone else and make the taxpayers pay?

    So, who supports merkel?

    Edit: Due to popular demand:
    http://www.irishtimes.com/newspaper/frontpage/2010/1112/1224283151994.html
    Angela Merkel wrote:
    “We cannot keep constantly explaining to our voters and our citizens why the taxpayer should bear the cost of certain risks and not those people who have earned a lot of money from taking those risks.”

    Who sipports merkel? 71 votes

    Me.
    0% 0 votes
    Not Me.
    100% 71 votes


«13

Comments

  • #2
    Cookie_Monster
    Registered Users, Registered Users 2, Paid Member Posts: 24,755 ✭✭✭✭Cookie_Monster


    Heil Hitl Merkel


  • #3
    bonerm
    Closed Accounts Posts: 8,594 ✭✭✭bonerm


    She needs all the support she can get.


  • #4
    senordingdong
    Registered Users, Registered Users 2 Posts: 10,673 ✭✭✭✭senordingdong


    Other EU leaders backing Lenihan is a real kick in the teeth.


  • #5
    Barna77
    Registered Users, Registered Users 2 Posts: 3,272 ✭✭✭Barna77


    The Germans?


  • #6
    themadchef
    Closed Accounts Posts: 5,813 ✭✭✭themadchef


    wobbles-grogan wrote: »
    Support Merkel and make the bondholders pay?
    Or support.....eh..everyone else and make the taxpayers pay?

    So, who supports merkel?

    Support no one and go on the beer option please.


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  • #7
    thebigbiffo
    Registered Users, Registered Users 2 Posts: 2,941 ✭✭✭thebigbiffo


    i, for one, welcome our new german overlords.


  • #8
    PeterIanStaker
    Closed Accounts Posts: 4,072 ✭✭✭PeterIanStaker


    bonerm wrote: »
    She needs all the support she can get.


    Timm . . . berrrr!!!
    :mad::eek:


  • #9
    PanchoVilla
    Closed Accounts Posts: 1,053 ✭✭✭PanchoVilla


    What's this in relation to? Support for what? It's Merkel who wants to push through the legislation that will allow suspension voting rights in the EU. It's Merkel that wants to push through mandatory bailouts in future financial crisis. So what the hell is the OP on about exactly?


  • #10
    wobbles-grogan
    Registered Users, Registered Users 2 Posts: 558 ✭✭✭wobbles-grogan


    Her recent quote about making bondholders pay for some the bailout of countries in the future, rather than making taxpayers pay for it all. I think you should read the the first post again. It was stated pretty clearly I thought...


  • #11
    PanchoVilla
    Closed Accounts Posts: 1,053 ✭✭✭PanchoVilla


    wobbles-grogan wrote: »
    Her recent quote about making bondholders pay for some the bailout of countries in the future, rather than making taxpayers pay for it all. I think you should read the the first post again. It was stated pretty clearly I thought...

    Ah yes, ok. It's usually a good idea to add links to whatever story you're talking about, maybe even add a quote or two.
    Germany's Chancellor Angela Merkel has refused to withdraw comments which the Government believes to have caused a massive spike in Ireland's borrowing costs.

    Earlier this week, she warned investors that they should pay part of the cost for any future bail-out of struggling EU countries.

    The comments caused jitters in the market, as investors decided that Irish Government bonds are now riskier than ever. They believe they may be hit with some of the cost if the country needs a bailout in the future.

    http://www.examiner.ie/breakingnews/ireland/merkel-refuses-to-withdraw-bond-holder-comments-481465.html

    So you still support her? Anyone with a bit of sense would have kept their mouth shut until the crisis was over. Thanks to Merkel we're in even deeper trouble than before. She must be intentionally trying to sink this country.


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  • #12
    sbsquarepants
    Registered Users, Registered Users 2 Posts: 11,810 ✭✭✭✭sbsquarepants


    Surely, if history teaches us anything, it's that the germans are not to be trusted!
    Merkel mouths off, pushing us further into the $hit, we need to be bailed out and they get to dictate our corporation tax (among other things) in return for said bailout. Her mate Ollie has already said Irelands' future will not be as a low tax economy. (and he seemed so nice on the x factor)
    I think ze germans, zey have ze agenda.:eek:


  • #13
    bonerm
    Closed Accounts Posts: 8,594 ✭✭✭bonerm


    sbsquarepants wrote: »
    Surely, if history teaches us anything, it's that the germans are not to be trusted!
    Merkel mouths off, pushing us further into the $hit, we need to be bailed out and they get to dictate our corporation tax (among other things) in return for said bailout. Her mate Ollie has already said Irelands' future will not be as a low tax economy. (and he seemed so nice on the x factor)
    I think ze germans, zey have ze agenda.:eek:

    Better start digging a Maginot Line now I guess.


  • #14
    FreudianSlippers
    Registered Users, Registered Users 2 Posts: 20,396 ✭✭✭✭FreudianSlippers


    I've been looking into this and I think she's right.

    Plus I think we should just default now. I'm working on a post in Politics why I think we should do it.


  • #15
    Dionysus
    Registered Users, Registered Users 2 Posts: 3,420 ✭✭✭Dionysus


    wobbles-grogan wrote: »
    Support Merkel and make the bondholders pay?
    Or support.....eh..everyone else and make the taxpayers pay?

    So, who supports merkel?

    Could you please post a link to this story? This is the first I've heard. Just by what you said, I'd support Merkel.


  • #16
    wobbles-grogan
    Registered Users, Registered Users 2 Posts: 558 ✭✭✭wobbles-grogan


    O don't support her no, i support her idea. I support the idea that if an entity(person or otherwise) takes out a bond in a country, which is just like buying shares really, that the entity pays for the bond no matter what.

    If the bonds go up, the bondholder takes the money, if the bond goes down, the bondholder pays the money.

    Right now, its a win-win situation for bondholders. They're essentially printing money for themselves.


  • #17
    Dionysus
    Registered Users, Registered Users 2 Posts: 3,420 ✭✭✭Dionysus


    Cookie_Monster wrote: »
    Heil Hitl Merkel

    Why does somebody always make such obnoxiously predictable comments in any thread relating to Germany?

    Aside from being racist, it's crass, and straight from the gutter of British tabloid journalism. And all in the first post.:rolleyes:


  • #18
    Dionysus
    Registered Users, Registered Users 2 Posts: 3,420 ✭✭✭Dionysus


    sbsquarepants wrote: »
    Surely, if history teaches us anything, it's that the germans are not to be trusted!

    What an idiotic thing to say.


  • #19
    wobbles-grogan
    Registered Users, Registered Users 2 Posts: 558 ✭✭✭wobbles-grogan


    Dionysus wrote: »
    What an idiotic thing to say.

    Indeed.

    However, this is in after hours. Its to be expected :-)


  • #20
    FatherLen
    Registered Users, Registered Users 2 Posts: 3,808 ✭✭✭FatherLen


    Nice rack. I'm in.


  • #21
    bonerm
    Closed Accounts Posts: 8,594 ✭✭✭bonerm


    Dionysus wrote: »
    Why does somebody always make such obnoxiously predictable comments in any thread relating to Germany?

    Aside from being racist, it's crass, and straight from the gutter of British tabloid journalism. And all in the first post.:rolleyes:

    Germans are notorious for their great sense of humour. They don't mind a few jokes about WWII or the sight of a tourist goose-stepping down Unter Den Linden towards the Brandenburg Gate with a right-arm salute. Mention the holocaust and they're the first to crack a joke.

    The Germans: a great bunch of lads


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  • #22
    humanji
    Registered Users, Registered Users 2 Posts: 19,976 ✭✭✭✭humanji


    PanchoVilla wrote: »
    ? Anyone with a bit of sense would have kept their mouth shut until the crisis was over.

    Keep their mouths shut for the next 20-30 years?


  • #23
    Dionysus
    Registered Users, Registered Users 2 Posts: 3,420 ✭✭✭Dionysus


    bonerm wrote: »
    Germans are notorious for their great sense of humour. They don't mind a few jokes about WWII or the sight of a tourist goose-stepping down Unter Den Linden towards the Brandenburg Gate with a right-arm salute. Mention the holocaust and they're the first to crack a joke.

    The Germans: a great bunch of lads

    Pathetic. Pathetic.


  • #24
    My name is URL
    Registered Users, Registered Users 2 Posts: 25,626 ✭✭✭✭My name is URL


    I agree with Pancho on this. These comments aren't going to help anyone.. they'll just cause the interest on bonds to rise even more. I reckon it'll reach 10% by Monday..

    It's all well and good making utterances on who should be held responsible, but it doesn't change the fact that we still rely on selling government bonds. If she had some actual direct power to force the bondholders to share the burden then itd be great


  • #25
    wobbles-grogan
    Registered Users, Registered Users 2 Posts: 558 ✭✭✭wobbles-grogan


    My name is URL wrote: »
    I agree with Pancho on this. These comments aren't going to help anyone.. they'll just cause the interest on bonds to rise even more. I reckon it'll reach 10% by Monday..

    It's all well and good making utterances on who should be held responsible, but it doesn't change the fact that we still rely on selling government bonds. If she had some actual direct power to force the bondholders to share the burden then itd be great

    Proof that some serious change is needed? And i'd change that "she" into a "we" too. Not just the Irish, the whole EU. We seem to be afraid of the bondholders. I say **** that.


  • #26
    scientific1982
    Closed Accounts Posts: 1,562 ✭✭✭scientific1982


    Why are we bailing out private institutions. Iceland didnt and they're doing a lot better than us right now.


  • #27
    sbsquarepants
    Registered Users, Registered Users 2 Posts: 11,810 ✭✭✭✭sbsquarepants


    Dionysus wrote: »
    What an idiotic thing to say.

    Well, in my defence there was the small matter of not 1, but 2, ahem shall we say incidents! Political correctness is all well and good, but let's not be idiots about it!


  • #28
    bonerm
    Closed Accounts Posts: 8,594 ✭✭✭bonerm


    Dionysus wrote: »
    Pathetic. Pathetic.

    You haven't even seen my goose-step.


  • #29
    listermint
    Registered Users, Registered Users 2, Paid Member Posts: 35,678 ✭✭✭✭listermint


    She chose a great time to mouth off.. But im sure its all calculated. everything is. :(


  • #30
    Celly Smunt
    Banned (with Prison Access) Posts: 9,463 ✭✭✭Celly Smunt


    close your legs,that should stop to smell of mackerel


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  • #31
    K-9
    Registered Users, Registered Users 2 Posts: 43,305 ✭✭✭✭K-9


    So she suggests what most people have been moaning about for months, bondholders taking a hit and she gets knocked for it.

    It'll have to be done eventually and we'll be glad we have the backing of the EU and Germany in the fight against the markets when it comes to the time.

    Mad Men's Don Draper : What you call love was invented by guys like me, to sell nylons.



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