The cheek of this Ollie Rehn man?

woodoo · 13-03-2012 11:08PM #1

What do you make of the arrogant Ollie Rehn. Basically telling us that we must pay our dues. I found his use of Latin to tell aul paddy he must pay up and shut up a little patronising.

http://www.breakingnews.ie/ireland/rehn-ireland-must-respect-commitment-on-promissory-notes-543413.html

http://www.independent.ie/business/irish/olli-rehn-rules-out-delay-in-31bn-anglo-repayment-3048904.html

They really are a - "not an inch" brigade. We are going to get nothing out of them. No favours, no mercy.

How should we deal with such arrogance?

biko · 13-03-2012 11:11PM

He just wanna get paid?

flanzer · 13-03-2012 11:12PM

Comical Ollie

Superbus · 13-03-2012 11:12PM

The-eh cheek-eh indeed-eh.

Mr Benevolent · 13-03-2012 11:13PM

He said 'Pay your loans'.

The cheek of him.

AngryBollix · 13-03-2012 11:14PM

woodoo wrote: »

What do you make of the arrogant Ollie Rehn. Basically telling us that we must pay our dues. I found his use of Latin to tell aul paddy he must pay up and shut up a little patronising.

http://www.breakingnews.ie/ireland/rehn-ireland-must-respect-commitment-on-promissory-notes-543413.html

http://www.independent.ie/business/irish/olli-rehn-rules-out-delay-in-31bn-anglo-repayment-3048904.html

They really are a - "not an inch" brigade. We are going to get nothing out of them. No favours, no mercy.

How should we deal with such arrogance?

And the problem with that is?

Dubit10 · 13-03-2012 11:15PM

AngryBollix wrote: »

And the problem with that is?

It's not our dues it's the bankers dues.

namloc1980 · 13-03-2012 11:17PM

AngryBollix wrote: »

And the problem with that is?

The dues in question are those of private bondholders who invested in a private bank and Mr Rehn and his buds reckon the Irish people should pay those debts back? Clearly you are ok with that?

AngryBollix · 13-03-2012 11:19PM

namloc1980 wrote: »

The dues in question are those of private bondholders who invested in a private bank and Mr Rehn and his buds reckon the Irish people should pay those debts back? Clearly you are ok with that?

How did you draw that conclusion?

hairyprincess · 13-03-2012 11:19PM

woodoo wrote: »

How should we deal with such arrogance?

Blast him with piss?

AngryBollix · 13-03-2012 11:20PM

Dubit10 wrote: »

It's not It is our dues it's not the bankers dues anymore.

FYP.

Thank Fianna Fail for this.

Triangla · 13-03-2012 11:20PM

Someone owes you money and hands you back an agreed amount in instalments always on time. They mumble about how they can't afford it but still always they pay.

Another person owes you money, they never pay you back anything as they say they can't afford to pay you back.

Which of these two would you make a deal on about the debt amount?

Ireland would be the first case above, of course they won't cut a deal, we're still paying then back aren't we?.

Is this over simplifying it?

namloc1980 · 13-03-2012 11:21PM

AngryBollix wrote: »

How did you draw that conclusion?

From your reaction to previous poster. So what is your stance?

rednik · 13-03-2012 11:22PM

He's just a Rehnt boy.

AngryBollix · 13-03-2012 11:23PM

namloc1980 wrote: »

The dues in question are those of private bondholders who invested in a private bank and Mr Rehn and his buds reckon the Irish people should pay those debts back? Clearly you are ok with that?

From my limited understanding of how the financial system works, bondholders expect the majority of their investments to fail and make their money on the minority of the investments to pay off.

Under normal circumstances we'd have been well within our rights to pay the bondholders little or nothing.

TreesAreCrowd · 13-03-2012 11:25PM

Triangla wrote: »

Someone owes you money and hands you back an agreed amount in instalments always on time. They mumble about how they can't afford it but still always they pay.

Another person owes you money, they never pay you back anything as they say they can't afford to pay you back.

Which of these two would you make a deal on about the debt amount?

Ireland would be the first case above, of course they won't cut a deal, we're still paying then back aren't we?.

Is this over simplifying it?

Which one is likely to be lent to again?

EarlERizer · 13-03-2012 11:25PM

Triangla wrote: »

Someone owes you money and hands you back an agreed amount in instalments always on time. They mumble about how they can't afford it but still always they pay.

Another person owes you money, they never pay you back anything as they say they can't afford to pay you back.

Which of these two would you make a deal on about the debt amount?

Ireland would be the first case above, of course they won't cut a deal, we're still paying then back aren't we?.

Is this over simplifying it?

Yes!

AngryBollix · 13-03-2012 11:27PM

namloc1980 wrote: »

From your reaction to previous poster. So what is your stance?

We've relinquished our right to deal with the bondholders in our own way. We now have no choice in the matter and have little say in our own financial affairs.

This is the unfortunate side effect of our IMF deal.

I dont like it but this is what happened when the FF party sold our countrys arse to the IMF

HalloweenJack · 13-03-2012 11:27PM

namloc1980 wrote: »

The dues in question are those of private bondholders who invested in a private bank and Mr Rehn and his buds reckon the Irish people should pay those debts back? Clearly you are ok with that?

But the Government we elected decided to pass that debt onto the taxpayer. We voted them out and now the new Government, which we also elected, is doing the same thing.

Why is the EU getting the blame for the Government's decisions? They just want the money they lent to the Government back. It's the Government's decision on how to make those payments. We elected the Government so we gave them the permission to decide what to do with the country in all areas, repaying outstanding loans being one of them.

Also, in no part of that article do I see Olli Rehn saying it's down to the Irish taxpayer to pay for the mistakes made by banks, et al. When referring to Ireland, he meant the administration, i.e. the people we elected to run the country.

I hate that we are paying for the mistakes of the banks et al but I believe there's a lot of misdirected anger towards the EU and IMF. They didn't cause the problems, they actually helped us out. It's only natural that they want to get back the money they lent us (it was never a gift). People should be angry at the Government who messed us about and the new one who are still messing us about.

EarlERizer · 13-03-2012 11:28PM

I lost a fortune today on the horses,will Paddy Power give me my money back? I mean it was just a speculative gamble I thought the horses would win and I'd get loads of money from them

Princess Consuela Bananahammock · 13-03-2012 11:28PM

woodoo wrote: »

What do you make of the arrogant Ollie Rehn. Basically telling us that we must pay our dues. I found his use of Latin to tell aul paddy he must pay up and shut up a little patronising.

http://www.breakingnews.ie/ireland/rehn-ireland-must-respect-commitment-on-promissory-notes-543413.html

http://www.independent.ie/business/irish/olli-rehn-rules-out-delay-in-31bn-anglo-repayment-3048904.html

They really are a - "not an inch" brigade. We are going to get nothing out of them. No favours, no mercy.

How should we deal with such arrogance?

Finally, someoen with the balsl to dall it as it is. Not Jeremy, not Joe Duffy, but Ollie Rehn. Go you, ya good thing. Go on.

Son Of A Vidic · 13-03-2012 11:32PM

AngryBollix wrote: »

FYP.

Thank Fianna Fail for this.

True, but could Enda bend over any further to stick his hole in the air? Secretly though, I think he's enjoying the shafting.

TreesAreCrowd · 13-03-2012 11:35PM

Corvus Maximus wrote: »

True, but could Enda bend over any further to stick his hole in the air? Secretly though, I think he's enjoying the shafting.

He's securing the country's future in doing so, whether you have the intellectual capacity to realise it or not.

Princess Consuela Bananahammock · 13-03-2012 11:35PM

AngryBollix wrote: »

FYP.

Thank the electorate for this.

FYP in turn.

AngryBollix · 13-03-2012 11:39PM

Ikky Poo2 wrote: »

FYP in turn.

Blame the people who voted for them.

We all didnt do it

AngryBollix · 13-03-2012 11:40PM

Corvus Maximus wrote: »

True, but could Enda bend over any further to stick his hole in the air? Secretly though, I think he's enjoying the shafting.

What were his options when he took office?

What, if anything, could he have done differently?

Princess Consuela Bananahammock · 13-03-2012 11:44PM

AngryBollix wrote: »

Blame the people who voted for them.

We all didnt do it

I voted Green, I am not innocent, but then I ****ed off, so....

But seriously ,the reason I could **** off is because I didn't mortgage my futre on a 30k a year salary having being todl by Fianna Fail that the good times would last for ever...

AngryBollix · 13-03-2012 11:45PM

EarlERizer wrote: »

I lost a fortune today on the horses,will Paddy Power give me my money back? I mean it was just a speculative gamble I thought the horses would win and I'd get loads of money from them

Usually bondholders make these investments with their eyes wide open and are fully aware of the risks involved.

squod · 13-03-2012 11:46PM

AngryBollix wrote: »

What were his options when he took office?

What, if anything, could he have done differently?

The promissory notes were pledged to Anglo Irish Bank Corp., and Irish Nationwide Building Society--now jointly renamed Irish Bank Resolution Corp.--over three years ago. Based on those pledges, both banks qualified for emergency loans from Ireland's central bank.

Read more: http://www.foxbusiness.com/news/2012/03/13/eu-rehn-tells-ireland-to-respect-commitments-on-bank-resolution/#ixzz1p2VtOY1v

Reckon he could have started locking people up for this. It's a very serious matter. There will be investigations into this at some point in the future. Playing dumb won't help him in five or ten years time.

Ghandee · 13-03-2012 11:59PM

TreesAreCrowd wrote: »

He's securing the country's future in doing so, whether you have the intellectual capacity to realise it or not.

Ooh hi Fionnuala darling......:pac:

EarlERizer · 14-03-2012 12:08AM

AngryBollix wrote: »

Usually bondholders make these investments with their eyes wide open and are fully aware of the risks involved.

Risk? to who? to what? seems to me they placed their bets fully aware that they'd get their money back either way! I'd have thought for there to be a risk element it would mean there was something to be lost,like thier stake!

The cheek of this Ollie Rehn man?

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