Did Enda Kenny blame the Irish people for the crisis?

Anyone · 26-01-2012 08:22PM #1

http://www.breakingnews.ie/ireland/kenny-mad-borrowing-sparked-crisis-537452.html

So, according to Enda, we are resoponsible for the current economic crisis. He can go and fúck himself if he is laying the blame on us, the Irish people. Between this and that other gog****e in Cork proposing that SOPA'esque bill, I cant help think that this shower are as bad as the last shower we got rid of.

26/01/2012 - 18:46:40
Ireland’s economic crisis was caused by people’s "mad" borrowing, Taoiseach Enda Kenny has told the Davos global gathering.
In a discussion on ways out of the country’s worst recession on record, Mr Kenny told the summit in the Swiss Alps that easy credit spawned greed.
“What happened in our country was that people simply went mad borrowing,” Mr Kenny said.
“The extent of personal credit, personal wealth created on credit was done between people and banks – a system that spawned greed to a point where it just went out of control completely with a spectacular crash.
“The country borrowed over €60bn at excessive rates and the IMF eventually came in with the Troika.”

Temptamperu · 26-01-2012 08:23PM

It was the welfare cheats and pensioners. Oh and fordeners

Poor Uncle Tom · 26-01-2012 08:24PM

Anyone wrote: »

http://www.breakingnews.ie/ireland/kenny-mad-borrowing-sparked-crisis-537452.html

So, according to Enda, we are resoponsible for the current economic crisis. He can go and fúck himself if he is laying the blame on us, the Irish people. Between this and that other gog****e in Cork proposing that SOPA'esque bill, I cant help think that this shower are as bad as the last shower we got rid of.

Shur didn't we loose the run of ourselfs and try to ate the world at wan sittin'

biko · 26-01-2012 08:24PM

Ireland’s economic crisis was caused by people’s "mad" borrowing, Taoiseach Enda Kenny has told the Davos global gathering.

You know, I would rephrase that "mad lending".

Max_Charger · 26-01-2012 08:25PM

http://www.broadsheet.ie/2011/12/04/enda-you-are-not-responsible/

Tell to make his f*cking mind up....

Mr Benevolent · 26-01-2012 08:26PM

Telling us we weren't to blame when we clearly were is stunning hypocrisy. Now he tells Davos the truth when he knows we'll hear about it. What an idiot.

telekon · 26-01-2012 08:27PM

I heard he blamed every single Irish person not living in the Mayo electoral area...

nice_very · 26-01-2012 08:27PM

he didnt blame us BEFORE the election, barely a year later now we all borrowed like mad.... I'm seriously thinking of emailing him asking how I am being punished, as I returned to the country in late 2008, after many years abroad, and never borrowed a cent.

sanbrafyffe · 26-01-2012 08:28PM

well the truth has to be said and it is.irish people went over board borrowing so it shows ya the want in us as people.so ya hes blaming the irish people(not all) and the banks too.he cant be more right.well said enda

biko · 26-01-2012 08:28PM

He's right in that no-one held a gun to people's heads to get them to borrow for a brand new car every year.
People are to blame sure, but without a proper background check getting massive amounts of money lent to them?
Rings of sub-prime mortages.

Fighting Irish · 26-01-2012 08:30PM

The banks, developers, government etc gave the people exactly what they wanted, without the greed that most people have, we wouldn't have a crisis..

Simple!

Benny_Cake · 26-01-2012 08:30PM

He says this in front of the World Economic Forum? I thought we agreed we'd keep this amongst ourselves.

Where To · 26-01-2012 08:34PM

He's right to blame the Irish people.

Not one person was given a loan against their will.

Anyone who doesn't realise that booms and recessions are part of a natural (economically at least) cycle shouldn't be trusted to go to the toilet on their own.

Fighting Irish · 26-01-2012 08:34PM

biko wrote: »

He's right in that no-one held a gun to people's heads to get them to borrow for a brand new car every year.
People are to blame sure, but without a proper background check getting massive amounts of money lent to them?
Rings of sub-prime mortages.

Banks didn't give a fook, they were making a killling and probably knew that if sh1t hit the fan, the government would cover them, and as for the government helping us decide whether we should take a loan or not? We go on about "nanny stat" on a daily basis!

The people fooked up and now it's everyones fault but their own

patwicklow · 26-01-2012 08:34PM

What about seanie,bertie,buffo,mccreevy the last gubberment? i never borrowed a cent and saved for all i have, kenny some cheeky fook wit how dare he insult us

Park Royal · 26-01-2012 08:35PM

I think he is suffering microphone hyper , he has done a few interviews and has

become over stimulated ......by the attention he has been given.....

either that or he is about to have a heart attack.....

for a politician of his years he forgot to put in the little word "some" people

got greedy.....not my people got greedy........

it maybe tiredness also......but his advisers should have stepped in and not

put him out there until he was fit .......

of course he may have forgot to take the tablets also....?

Wicklowrider · 26-01-2012 08:39PM

Just wondering did MOST people really go mad borrowing?
Was this a certain section of society?

I can honestly only think of one couple I know who borrowed a lot more than they could afford. One or two single lads I knew were driving cars they probably shouldn't have borrowed for. If I look around my neighbours I can't say any of them done anything mildly extravagant (or even exciting

)

hawkelady · 26-01-2012 08:41PM

where do i go from here wrote: »

He's right to blame the Irish people.

Not one person was given a loan against their will.

Anyone who doesn't realise that booms and recessions are part of a natural (economically at least) cycle shouldn't be trusted to go to the toilet on their own.

Well inda is an idiot because he told us on the nation address drivel that we were not to blame and now because he is in the Swiss alps he tells the truth probably thinking that we won't hear what he said!
What a fool

msg11 · 26-01-2012 08:42PM

I'm devastated, I work 20 hours and this week I got 35, I was like great a bit of extra cash. I got paid 504, only to look to the side after all the government charges that I get paid 430, 70 in taxes, USC and PRSI. PRSI which I though was meant to be included in the USC.

I gave Labour my second vote because I though they would stick up for the low paid worker, how wrong I was.

I'm now 100% convinced they are all the same in the dail.

SafeSurfer · 26-01-2012 08:42PM

Kenny is an incompetent who cannot field questions without a script, Its no wonder he was hidden away behind handlers during the election and he doesn't allow "doorstep" interviews.

He would not debate on TV3 and blamed Vincent Brown. Responding to a question about emigration in his own constituency, in the Dail last week he replied by saying that Knock airport was a great facility for people coming and going.

Then this week he declares that we are not going to have "defaulter" on our forehead. And now he describes the fiscal implosion of his country as being caused by mad borrowing.

I am sure he is a nice man but I don't believe that he is capable of leading this country, especially at a time like this. A large minority of his own party believed so until very recently.

Datsit · 26-01-2012 08:42PM

I think I was the only person in the country who couldn't get a mortgage in the boom........or was it that i just didn't lie to get it.

Later, got a smaller one, built a small house and now have small repayments.

The truth hurts, of course it's SOME and not ALL the gobsh*tes got greedy.

Tommy Tiernan said we were like a shower of teenagers, mammy and daddy left us to it and now that all the Tayto and Fanta is gone we want more pocket money:D

ilovesleep · 26-01-2012 08:44PM

We did not all party

Datsit · 26-01-2012 08:45PM

Wicklowrider wrote: »

Just wondering did MOST people really go mad borrowing?
Was this a certain section of society?

I can honestly only think of one couple I know who borrowed a lot more than they could afford. One or two single lads I knew were driving cars they probably shouldn't have borrowed for. If I look around my neighbours I can't say any of them done anything mildly extravagant (or even exciting )

For sure, my brother in law was one of them. He borrowed all around him and maxed out credit cards to keep a failing company afloat. His company was never going to work. While he was wining and dining in Milan I was minding his kids.

Now he's whining and dying.......and of course it's the banks fault.

telekon · 26-01-2012 08:50PM

hawkelady wrote: »

Well inda is an idiot because he told us on the nation address drivel that we were not to blame and now because he is in the Swiss alps he tells the truth probably thinking that we won't hear what he said!
What a fool

You're right. By the time the mail coach leaves Geneva with the news, people will not care anymore.

Clever stuff Enda...

:rolleyes:

kfallon · 26-01-2012 08:53PM

Wicklowrider wrote: »

Just wondering did MOST people really go mad borrowing?

I borrowed £1,200 in 2000 when I was moving to Dublin, had it paid off in 3 months, that's the only money I ever borrowed from any Financial Institution so if Enda thinks he can blame me he can take his opinion and shove it up his hoop!

My name is URL · 26-01-2012 08:54PM

Look, we all played a part in it. Just like we all played a part in blowing innocent people up and raping kids for all those years.

Now get back to hatin' yourselves and do as The Man says.

ilovesleep · 26-01-2012 09:06PM

Wicklowrider wrote: »

Just wondering did MOST people really go mad borrowing?

I'm in my late 20s and never borrowed. I earned a wage and spent it or saved it if I wanted something costly. I know many more people my own age who were the same. Worked and saved. Some had credit cards.
We don't have mortgages. We don't have cars. The very few who do worked and saved. Basically we were all very careful financially.

On my own road however there are some new houses but I don't know the people or their financial situation and lifestyles.

There's one alright who went completely mad but that's his own business.

Mal-Adjusted · 26-01-2012 09:07PM

um...in his state of the nation address last November, he specifically said that this wasn't our fault. bit of a mixed message there.

Son Of A Vidic · 26-01-2012 09:09PM

What else would you expect from a grade A bollocks. I wouldn't be surprised if he asked Führer Merkel for her autograph during their first meeting.

patwicklow · 26-01-2012 09:15PM

Well his day will come and Gilmore to traitors..

Bad Panda · 26-01-2012 09:15PM

Datsit wrote: »

For sure, my brother in law was one of them. He borrowed all around him and maxed out credit cards to keep a failing company afloat. His company was never going to work. While he was wining and dining in Milan I was minding his kids.

Now he's whining and dying.......and of course it's the banks fault.

Muppet. It's people like this that only have themselves to blame.

Trying to keep up a facade of prosperity...pathetic.

Did Enda Kenny blame the Irish people for the crisis?

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