anyone here going to vote sinn féin?

No there isn't you are weeks out of date there is only €4.8 billion left.

There is over 14bn. 10bn has been ring fenced for ANGLO but Lenihan did not write the cheque due to the election but expects the incoming Government to do it. Don't write the cheque and leave the 10bn in the fund.

We where frozen out of the bond market because there was no plan in place to curb our spending, we can only attract loans if we can display the ability to generate the funds to repay which would not happen if we continue to spend 13 billion more then we take in tax.

That is a drop in the ocean. Add to the 13bn the 100bn for the bank debt and it's clear why we can't go to the bond market. We were frozen out when the market began to realise the size of the banking debt.

Sinn Feins plans to cut spending are talking about reducing salaries of those above €100,000 in public sector, fine as a point of principle I agree with that but to Cap salaries at €100,000 will result in us losing some good people for a pretty minimal saving. Thereafter they plan a wealth tax to Generate €500,000,000 the basis of this is that France generated this amount (anyone miss the fact that France has a population of 50 or 60 million and we have about 4).

We are losing all the good people as it is. We can't afford to put them through college or keep them in jobs. The Country is full of good people. We can run the Country with replacing the top tier of public sector workers if they want to go no problem. Where are they going to go to, the private sector? Would that not be welcomed?

Simple fact is we are losing 13billion a year and our bank system is on the verge of colapse which would hurt the real economy and lose us more jobs if it happens. Fine let the banks collapse but be prepared for Intel or HP or or a big Pharma co to walk when it happens.

We are not looking for the banks to collapse. We simply want a fair deal and for the banks to take responsibilty for their mistakes. No more tax payers money into the banks. Let Anglo go. 13bn is nothing when we will need to repay 10bn a year just to service the interest on bailing out the banks. We are hurting the real economy by putting billions into someone elses debt (billions we borrow at a high rate of interest). We can't free up capital for SME and we can't create jobs.

Regarding FG/Lab and burning bondholders, at the moment the are saying burn none, but get this Timulus I am not niave enough to think FG/Lab are not lying either. They will use the bondholders and default as a stick to beat IMF/ECB with, they are just not saying it.

Now this is some climb down. Why do they not say this? SF have been saying this for months.

Listen they are all lying, and SF have entered the stage with a bang in this election, they have learned that to get votes you must lie because the Irish Electorate do not want to hear the news that the real cuts that are needed are 30% of everything

.

The real cuts that are needed are cutting the banking debt away from the state debt.

And you know what Gerry Adams and SF are not fools, they know all of this and are in the great position that they know they don't have to impliment their unworkable policies because they wont get into power. All they are doing is positioning themselves for the next election. Great tactics.

That doesn't allow for the fact that what they are saying is true. There will always be disagreement on how to reduce a deficit but it's clear there is only one way to deal with the debt.

God we could go on for days like this mate but, but on the point of climbdown I am not climbing down from anything, I am not FG. As I said I know FG are lying, so are Labour, so are FF so are SF. But at this election only I think FGs lies are the closest to the truth, next election it could be SF telling the lies closest to the truth, who knows. I hope you will also note that I have not got involved in the IRA mudslinging here, as it is not relevent to the election and the mess the country is in.

We have been going on like this for weeks already i suppose. Kenny said last night there will be burden sharing with the bondholders. He didn't say how much though. That's a climb down for him. I'll take note of the lack of mud slinging but i wouldn't have noticed anyway as I didn't read those posts.

However on the point of the banks they would collapse on the day that IMF/ECB money is refused. It would happen in a matter of hours, and if it happened you would be left with one functioning bank in the State namely Ulster bank. In the event of that kind of collapse you would be looking at about six months with inadequate bank services in the state. No DD, queques to pay ESB, Gas ect. Profitable businesses would close because of cashflow problems

.

Or, the ECB could fund the banks themselves on a EU (including Ireland) basis rather than through ths State alone. I say they should put up or shut up.

If you want to know what I suspect will happen here goes. The IMF debt will be hanging over us in about 12 years we won't be able to repay it and a negotiation will start, that negotiation may involve a small debt forgiveness, a portion of capital repayment over 3 or 4 years, and a handing over of Government shares in a newly combined AIB/BOI/NAMA bank. Who knows SF may be the ones negotiating that, but they will still be telling lies just like every other political party.

We have untill 2013. The money runs out then. Convientley it'll be just after Merkel goes for re-election.

mccoist wrote: »

interesting listening to leaders debate last night all of them talking about negotiating new deal with imf/eu
please refer back to prvious blogs on tread
this deal will be renegotiated
a strong sf vote by the people will send a message to our eoropean friends
1/ we have are are about to wake up
2/in doing so we are not going to be pushed about as we know our leadership will not take it like the lazy ff lenihamn cowan sellouts did

nb /just so you sf non thinkers know i can give a balanced view,
enda kenny was exceptional in leaders debate
he came across as being thoughtful and definately honest,
and took none of that rubbish martin puts out
standing beside G ADAMS must be wearing off on enda

how about a fine gael led goverment backed by sinn fein
end the civil war politics for ever
that would really be a plus for this country

this would give people something to consider

I'd LOVE to see Pearse McLaughlin team up with Michael Noonan to lead the renegocation team! I'm not anti-Sinn Fein so much as anti-Sinn Fein/IRA; if the party could rid themselves of their assocation with the latter, I'd vote and canvass for candidates like Pearse McLoughlin.

Voting Sinn Fein is the irish equivalent of voting for the monster raving looney party in the UK. People will just vote for them in order to lodge their protest for FF and nothing else. The majority of people voting Sinn Fein would detest the idea of them getting into power.

I won't be waisting my vote on the irish monster raving looney party!

celtictiger32 wrote: »

dont think so.... id say the majority of SF voters are SF supporters i would also say the ones voting out of protest are not as numerous as is speculated.

i think the SF vote is increasing all the time as will be evident after this election. the support is ever increasing and will be only a matter of time (not this time though) before they are in power..

I agree with you, if things keep going down hill like they are. Sinn Fein will become a major power in Ireland. I would compare it to the rise of the Nazi party after the first world war.