Pensioners evicted from their home today!!

ejmaztec · 19-04-2012 09:11PM

Monty Burnz wrote: »

For the people who were wondering earlier what 'Freeman Bullsh!t' is, this is it:

It was hard trying to get through it, whatever it's an example of.:eek:

Pdfile · 19-04-2012 09:12PM

hmmm he has plenty of pots to piss in, yet still moans and crys...

it must be hard being wealthy...

Justice for the individual · 19-04-2012 09:22PM

People on here are not seeing the bigger picture:

When you borrow from a lender, he will borrow from the European Central Bank (ECB). The lender will borrow at a lower rate than he charges you. This is how he makes his profit. During the so-called boom, the mortgage providers and the regulators were recklessly ignoring basic rules and back-up documentation, and loaning money way over the ability to pay, if conditions changed.

2008 arrives and the economies in Europe started to collapse like a deck of cards. This resulted in businesses collapsing and unemployment in Ireland rising to 400,000 plus. Because of these job losses, people are finding it hard to repay these mortgages. The bigger developers and borrowers could not sell on or develop their sites, and hit a wall. It was these big developers who borrowed in particular from the main banks, including Anglo Irish Bank.

As the main banks were then in a serious position of having borrowed all this money from the ECB, the then Fianna Fail & their partners, the Green Party took the decision to pay back the ECB by methods of: cost-cutting, staff and wage reductions in the Public Sector (difficult) and Fine Gael and Labour are taking over where they left off, and also now working on bringing in property and water charges. In all the austerity, the politicians have forgotten to look at their own wages and expenses (among the highest paid in the Europe and in some cases the World). They should cut their wages by about 30%, reduce their numbers by half, and close down the Senate. When they undertake these measures we can then take them seriously.

We, the taxpayers, are been forced to pay back the borrowings of the mortgage providers: banks and building providers, which THEY borrowed from the ECB. The people who took out the mortgages are being pursued and squeezed to pay back THEIR borrowings, and are also being asked to pay the money owed to the ECB by these same banks and building societies. This means that we are paying TWICE.

This man and his wife made mistakes in over-borrowing, but they were assisted and possibly encouraged by their mortgage providers to take the risk. Because of the circumstances discussed previously, they should not have been treated in such a disgusting manner. The Gardai present did not interfere when the man and his wife were man-handled, but immediately jumped in when a lady tried to stand up for the couple. We know that the Gardai's only function is to ensure that court orders and the law is carried out, but a bit of fairness and common sense should also have been shown. Morality is a scare commodity in this country at the moment. Over the past few years, I have become convinced that if you are genuine and decent, you have no chance. Nobody from the banks, building societies, or the government have been made to pay like this respectable couple, and not one of these culprits who connived in the collapse of Ireland's economy has been jailed or pushed around by the Gardai in this manner. Also, it was not Mr. Kelly who was in danger of a heart attack, but the grossly overweight man supervising the eviction. The Gardai appeared to comply with his instructions!

As it looks like the irish populace are accepting and lying down under all of the fiscal measures being levied on them, motivating them to protest may be difficult. As a protest, we should refuse to pay the property tax, the water charges and the main weapon, our power to reject the austerity Referendum due to be voted on at the end of May. Lets get real with this.:mad: Show a bit of backbone.

galwayrush · 19-04-2012 09:26PM

Guess it takes a certain type of person to become a bailiff...

skregs · 19-04-2012 09:29PM

Justice for the individual wrote: »

This man and his wife made mistakes in over-borrowing, but they were assisted and possibly encouraged by their mortgage providers to take the risk.

The man is a qualified accountant with a sizeable property portfolio. I'm fairly sure he would be very aware of the risks he was taking and his friendly bank manager would be a lot less capable of manipulating him than the average person.

Chucky the tree · 19-04-2012 09:29PM

Justice for the individual wrote: »

People on here are not seeing the bigger picture:

When you borrow from a lender, he will borrow from the European Central Bank (ECB). The lender will borrow at a lower rate than he charges you. This is how he makes his profit. During the so-called boom, the mortgage providers and the regulators were recklessly ignoring basic rules and back-up documentation, and loaning money way over the ability to pay, if conditions changed.

2008 arrives and the economies in Europe started to collapse like a deck of cards. This resulted in businesses collapsing and unemployment in Ireland rising to 400,000 plus. Because of these job losses, people are finding it hard to repay these mortgages. The bigger developers and borrowers could not sell on or develop their sites, and hit a wall. It was these big developers who borrowed in particular from the main banks, including Anglo Irish Bank.

As the main banks were then in a serious position of having borrowed all this money from the ECB, the then Fianna Fail & their partners, the Green Party took the decision to pay back the ECB by methods of: cost-cutting, staff and wage reductions in the Public Sector (difficult) and Fine Gael and Labour are taking over where they left off, and also now working on bringing in property and water charges. In all the austerity, the politicians have forgotten to look at their own wages and expenses (among the highest paid in the Europe and in some cases the World. They should cut their wages by about 30%, reduce their numbers by half and close down the Senate. When they undertake these measures we can then take them seriously.

We, the taxpayers, are been forced to pay back the borrowings of the mortgage providers: banks and building providers, which THEY borrowed from the ECB. The people who took out the mortgages are being pursued and squeezed to pay back THEIR borrowings, and are also being asked to pay the money owed to the ECB by these same banks and building societies. This means that we are paying TWICE.

This man and his wife made mistakes in over-borrowing, but they were assisted and possibly encouraged by their mortgage providers to take the risk. Because of the circumstances discussed previously, they should not have been treated in such a disgusting manner. The Gardai present did not interfere when the man and his wife were man-handled, but immediately jumped in when a lady tried to stand up for the couple. We know that the Gardai's only function is to ensure that court orders and the law is carried out, but a bit of fairness and common sense should also have been shown. Morality is a scare commodity in this country at the moment. Over the past few years, I have become convinced that if you are genuine and decent, you have no chance. Nobody from the banks, building societies, or the government have been made to pay like this respectable couple, and not one of these culprits who connived in the collapse of Ireland's economy has been jailed or pushed around by the Gardai in this manner.

As it looks like the irish populace are accepting and lying down under all of the fiscal measures being levied on them, motivating them to protest may be difficult. As a protest, we should refuse to pay the property tax, the water charges and the main weapon, our power to reject the austerity Referendum due to be voted on at the end of May. Lets get real with this.:mad: Show a bit of backbone.

If you're so concerned why don't you and everyone else on this thread who feels the same chip all your own money together to pay his monthly mortgage so they can remain there?

lividduck · 19-04-2012 09:30PM

Justice for the individual wrote: »

People on here are not seeing the bigger picture:

When you borrow from a lender, he will borrow from the European Central Bank (ECB). The lender will borrow at a lower rate than he charges you. This is how he makes his profit. During the so-called boom, the mortgage providers and the regulators were recklessly ignoring basic rules and back-up documentation, and loaning money way over the ability to pay, if conditions changed.

2008 arrives and the economies in Europe started to collapse like a deck of cards. This resulted in businesses collapsing and unemployment in Ireland rising to 400,000 plus. Because of these job losses, people are finding it hard to repay these mortgages. The bigger developers and borrowers could not sell on or develop their sites, and hit a wall. It was these big developers who borrowed in particular from the main banks, including Anglo Irish Bank.

As the main banks were then in a serious position of having borrowed all this money from the ECB, the then Fianna Fail & their partners, the Green Party took the decision to pay back the ECB by methods of: cost-cutting, staff and wage reductions in the Public Sector (difficult) and Fine Gael and Labour are taking over where they left off, and also now working on bringing in property and water charges. In all the austerity, the politicians have forgotten to look at their own wages and expenses (among the highest paid in the Europe and in some cases the World. They should cut their wages by about 30%, reduce their numbers by half and close down the Senate. When they undertake these measures we can then take them seriously.

We, the taxpayers, are been forced to pay back the borrowings of the mortgage providers: banks and building providers, which THEY borrowed from the ECB. The people who took out the mortgages are being pursued and squeezed to pay back THEIR borrowings, and are also being asked to pay the money owed to the ECB by these same banks and building societies. This means that we are paying TWICE.

This man and his wife made mistakes in over-borrowing, but they were assisted and possibly encouraged by their mortgage providers to take the risk. Because of the circumstances discussed previously, they should not have been treated in such a disgusting manner. The Gardai present did not interfere when the man and his wife were man-handled, but immediately jumped in when a lady tried to stand up for the couple. We know that the Gardai's only function is to ensure that court orders and the law is carried out, but a bit of fairness and common sense should also have been shown. Morality is a scare commodity in this country at the moment. Over the past few years, I have become convinced that if you are genuine and decent, you have no chance. Nobody from the banks, building societies, or the government have been made to pay like this respectable couple, and not one of these culprits who connived in the collapse of Ireland's economy has been jailed or pushed around by the Gardai in this manner.

As it looks like the irish populace are accepting and lying down under all of the fiscal measures being levied on them, motivating them to protest may be difficult. As a protest, we should refuse to pay the property tax, the water charges and the main weapon, our power to reject the austerity Referendum due to be voted on at the end of May. Lets get real with this.:mad: Show a bit of backbone.

A greedy and self serving landlord doesn't pay his mortgage, refuses to move into one of his numerous other properties because he likes living in his luxury pad in a gated community and its all the ECB;s fault..hilarious.
BTW if you anything about what your posting you would know that his Bank Anglo Irish didn't borrow the money they lent him from the ECB, like most Irish banks at the time they borrowed feck all from the ECB.

Chiggers · 19-04-2012 09:30PM

anthonyos wrote: »

i hope is cold in the tent tonight

Always nice to wake up to a bed in your tent.

steve9859 · 19-04-2012 09:32PM

Justice for the individual wrote: »

This man and his wife made mistakes in over-borrowing, but they were assisted and possibly encouraged by their mortgage providers to take the risk. Because of the circumstances discussed previously, they should not have been treated in such a disgusting manner.

I find it ironic that Boyd Barrett and the Occupy movement have suddenly decided that this guy isn't actually one of the 1% at all, but a poor unfortunate pensioner, who was encouraged into becoming a multi million euro property owner by his banks, and is therefore destitute through no fault of his own. What a turnaround, eh???? Maybe all the developers were encouraged by their banks as well.....!

Justice for the individual · 19-04-2012 09:50PM

lividduck wrote: »

A greedy and self serving landlord doesn't pay his mortgage, refuses to move into one of his numerous other properties because he likes living in his luxury pad in a gated community and its all the ECB;s fault..hilarious.
BTW if you anything about what your posting you would know that his Bank Anglo Irish didn't borrow the money they lent him from the ECB, like most Irish banks at the time they borrowed feck all from the ECB.

They got the money from thin air! If you can educate me as to where the Anglo Irish, etc., got the money from, fine. In any case they are now being bailed out by the irish taxpayer, and the country is borrowing from the ECB to make ends meet. It is hilarious that we are all paying back for the misdeeds of others, right? It is peculiar that Anglo Irish Bank, who were completely insolvent due to reckless lending are, under another guise, involved in seizing property I'ts a silly old world, is it not?

Dyr · 19-04-2012 09:57PM

Chucky the tree wrote: »

If you're so concerned why don't you and everyone else on this thread who feels the same chip all your own money together to pay his monthly mortgage so they can remain there?

"Just 10.50 a month can buy John a weeks worth of mocha's from donnybrook fair"

Milk & Honey · 19-04-2012 10:01PM

billybudd wrote: »

As a landlord he can break the lease anytime if its to move back to his own property.

No he cant. A valid termination notice cannot be served during the term of a lease. I would imagine that at least one of his leases expired in the last 22 months and he could have moved at that stage.

GarIT · 19-04-2012 10:02PM

Justice for the individual wrote: »

They got the money from thin air! If you can educate me as to where the Anglo Irish, etc., got the money from, fine. In any case they are now being bailed out by the irish taxpayer, and the country is borrowing from the ECB to make ends meet. It is hilarious that we are all paying back for the misdeeds of others, right? It is peculiar that Anglo Irish Bank, who were completely insolvent due to reckless lending are, under another guise, involved in seizing property I'ts a silly old world, is it not?

You do know without reckless borrowing there cant be reckless lending. A lot of people borrowed much more than they could afford, it is as much their fault as anyone else's.

GarIT · 19-04-2012 10:05PM

Milk & Honey wrote: »

No he cant. A valid termination notice cannot be served during the term of a lease. I would imagine that at least one of his leases expired in the last 22 months and he could have moved at that stage.

It is supposedly in the constitution that if a landlord or a member of his immediate family becomes homeless the landlord can evict his tenants at any time without notice once he can prove that himself of said family member became homeless.

dasdog · 19-04-2012 10:07PM

Justice for the individual wrote: »

They got the money from thin air! If you can educate me as to where the Anglo Irish, etc., got the money from, fine.

Leaked in Oct 2010, €4,034,756,880

GarIT · 19-04-2012 10:08PM

Dubit10 wrote: »

Funny that because i know several people who live in local authority housing and their rent is in and around 100 euro a week. Maybe the ones with no work have to pay 26 euro a week.

A family member that lives in council housing told me that their rent is based on a percentage of their earnings.

qc3 · 19-04-2012 10:09PM

http://bocktherobber.com/2012/04/killiney-eviction/

Quite a good read, Gives a bit of info on the person evicted.

The_Joker · 19-04-2012 10:11PM

That's it I'm building a moat and getting a dozen alligators ! Come on ye bastards the gators are peckish!!

44leto · 19-04-2012 10:11PM

I wonder will this landlord now evict one of his tenants, I wonder has he done so before. Maybe he is an absentee landlord and he employs agents.

I am just putting another angle to his analogy.

lividduck · 19-04-2012 10:15PM

Justice for the individual wrote: »

They got the money from thin air! If you can educate me as to where the Anglo Irish, etc., got the money from, fine. In any case they are now being bailed out by the irish taxpayer, and the country is borrowing from the ECB to make ends meet. It is hilarious that we are all paying back for the misdeeds of others, right? It is peculiar that Anglo Irish Bank, who were completely insolvent due to reckless lending are, under another guise, involved in seizing property I'ts a silly old world, is it not?

Most of the money raised by Anglo and the other Irish Banks was raised by issuing bonds on the bondmarkets.....Hence the cries "burn the bondholders". At the time of the boom the ECB did not typically lend to individual banks but rather to the Cental Banks of Eurozone countries.

Blackjack · 19-04-2012 10:17PM

Justice for the individual wrote: »

They got the money from thin air! If you can educate me as to where the Anglo Irish, etc., got the money from, fine. In any case they are now being bailed out by the irish taxpayer, and the country is borrowing from the ECB to make ends meet. It is hilarious that we are all paying back for the misdeeds of others, right? It is peculiar that Anglo Irish Bank, who were completely insolvent due to reckless lending are, under another guise, involved in seizing property I'ts a silly old world, is it not?

Bond issuances, deposit taking from retail customers and institutional investors, the list goes on, but as previously mentioned shag all of it was borrowed from the ECB until the s**t hit the fan. The ECB is a lender of last resort.

As for this couple, who were rightfully evicted from a property they no longer owned, if one expects the banks to know what a person can pay back then one could equally expect an accountant to understand their own ability to pay back.

Personally the Kelly's are equally as responsible as the banks for their borrowings however their failure to pay is what caused them to be evicted.

I don't see why the taxpayer should be expected to continue to allow them to retain a 3600 square foot 5 bedroom house, while many others have to pay the bill so they can have this privilege - do you?.

I'd be interested to know how the rent collected on their property portfolio is being spent, but I somehow doubt we're going to get that info.

Fulton Crown · 19-04-2012 10:18PM

The_Joker wrote: »

That's it I'm building a moat and getting a dozen alligators ! Come on ye bastards the gators are peckish!!

No need for all that pilgrim...just pay your freekin bills an live within your means.......M'Kay ?

HeidiHeidi · 19-04-2012 10:18PM

qc3 wrote: »

http://bocktherobber.com/2012/04/killiney-eviction/

Quite a good read, Gives a bit of info on the person evicted.

Interesting perspective - if true (I've no idea who Bock The Robber is, or what his/her credentials are)

Milk & Honey · 19-04-2012 10:24PM

GarIT wrote: »

It is supposedly in the constitution that if a landlord or a member of his immediate family becomes homeless the landlord can evict his tenants at any time without notice once he can prove that himself of said family member became homeless.

No it is not! Can you tell me the article of the constitution which contains that provision?

thebaz · 19-04-2012 10:24PM

qc3 wrote: »

http://bocktherobber.com/2012/04/killiney-eviction/

Quite a good read, Gives a bit of info on the person evicted.

great read - now lets all feal sorry for these hard done by couple - 2 years to sell up and move to Ballsbridge or Balinteer - God forbid - the word miserly comes to mind.

I wonder if I rented one of their properties , and didnt pay the rent for 2 years what would happen ? One law for the rich is what they want

steve9859 · 19-04-2012 10:26PM

Milk & Honey wrote: »

billybudd wrote: »

As a landlord he can break the lease anytime if its to move back to his own property.

No he cant. A valid termination notice cannot be served during the term of a lease. I would imagine that at least one of his leases expired in the last 22 months and he could have moved at that stage.

You can break an assured shorthold tenancy agreement , with appropriate notice, if you want to move into the place as your primary residence. But in any case, the guy had two years...with all the property he had that's more than enough time to arrange alternatives....unless of course, he just fancied staying in his expensive pad

GarIT · 19-04-2012 10:28PM

People in general amuse me. I've actually heard someone that lied to get a bigger loan than they could afford blame the banks for it.

I hate when people always say the bank made me do it. People need to realise that signing a contract means that they have read all of it, understand it and agree to it, its never something you should do without thinking. It is also illegal for someone to make you sign something (extortion I think) if the banks made them do it they should take legal cases against the bank.

Howjoe1 · 19-04-2012 10:33PM

thebaz wrote: »

great read - now lets all feal sorry for these hard done by couple - 2 years to sell up and move to Ballsbridge or Balinteer - God forbid - the word miserly comes to mind.

Superb read. Settles all arguments for me.

I wonder if I rented one of their properties , and didnt pay the rent for 2 years what would happen ? One law for the rich is what they want

Very true.

K-9 · 19-04-2012 10:36PM

steve9859 wrote: »

I find it ironic that Boyd Barrett and the Occupy movement have suddenly decided that this guy isn't actually one of the 1% at all, but a poor unfortunate pensioner, who was encouraged into becoming a multi million euro property owner by his banks, and is therefore destitute through no fault of his own. What a turnaround, eh???? Maybe all the developers were encouraged by their banks as well.....!

No harm to them but sometimes these protesters can be very, very stupid. The next step up is "awh, the poor developer, the banks employed the heavies to tie his other hand behind is back".

Seriously, landlords like him are as much to blame for the mess as developers.

thingamajig · 19-04-2012 10:47PM

It'll be interesting when a journo gets a hold of this story and runs with it, doing some background into the evicted couple. Maybe he was the kindest, most sympathetic, understanding landlord in Dublin, God knows how many of his tenants were allowed overrun their rent by over two years. As someone said earlier it was the sheriff that evicted them and that only occurs after many Court hearings and an order signed by a Judge.
I'm sympathetic to their plight on age grounds only though. But I didn't see him being assaulted by the Bailiff's just jostled and manoeuvred out of the house reasonably enough. That's why the Gardai were there to make sure that no one got too rough.

Pensioners evicted from their home today!!

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