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President signs NAMA Bill into law

This is a discussion on President signs NAMA Bill into law within the Economy forums, part of the Topical Discussion category on Politics.ie. Originally Posted by TommyO'Brien Yes he did. liar - he and george lee were in Waterford in the company of ...

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Old 22nd November 2009
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Quote:
Originally Posted by TommyO'Brien View Post
Yes he did.
liar - he and george lee were in Waterford in the company of businessmen when the FINAL nama vote was taken. Does he practice bi-location or are you rewriting history by counting votes after committee stage but before final vote?
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Old 22nd November 2009
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Quote:
Originally Posted by Congalltee View Post
liar - he and george lee were in Waterford in the company of businessmen when the FINAL nama vote was taken. Does he practice bi-location or are you rewriting history by counting votes after committee stage but before final vote?
As usual your ignorance knows no bounds. Kenny, Varadkar, Bruton and Lee were meeting business leaders in Waterford. They left early to get back to vote, which was scheduled for 3.30pm. Kenny, Varadkar and Bruton managed to get back to vote. Lee got stuck in traffic as there was an accident on the route that delayed traffic. He got to Leinster House five minutes too late.
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Old 22nd November 2009
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Originally Posted by TommyO'Brien View Post
As usual your ignorance knows no bounds. Kenny, Varadkar, Bruton and Lee were meeting business leaders in Waterford. They left early to get back to vote, which was scheduled for 3.30pm. Kenny, Varadkar and Bruton managed to get back to vote. Lee got stuck in traffic as there was an accident on the route that delayed traffic. He got to Leinster House five minutes too late.
Do you ever wonder why Fine Gael get tarnished with the same brush as FF?
The list of those who voted in the final (ie after it came back from the Seanad) NAMA vote are here. Enda Kenny's name is not there.

Why try and contradict me with a lie which can be checked and proven?

Parliamentary Debates (Official Report - Unrevised) Dáil Éireann Thursday, 12 November 2009 - Page 5
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Old 22nd November 2009
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Originally Posted by mmrebel View Post
The President Mary McAleese has signed the bill to establish NAMA.

Ms McAleese has put pen to paper on the National Asset Management Agency Bill 2009 at Áras an Uachtaráin

Read more: President signs NAMA Bill into law | BreakingNews.ie

No going back now lets hope it works.

But I understood that it had to go before the EU for approval, first!!!!

NAMA to be delayed by at least 2 mths - pending EU review.
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Old 22nd November 2009
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Very soon NAMA will be the least of our worries. In January there is going to be a bloodbath of liquidations, insolvencies, bantruptcies and job losses from whatever is left of construction, retail, hospitality, solicitors in particular.
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Old 22nd November 2009
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Originally Posted by Cassandra Syndrome View Post
Very soon NAMA will be the least of our worries. In January there is going to be a bloodbath of liquidations, insolvencies, bantruptcies and job losses from whatever is left of construction, retail, hospitality, solicitors in particular.
Which will put further pressure on the scandalous valuations put on property assets by NAMA.

FF dont give a toss whether businesses close down. They believe that this improves our COMPETIVENESS.
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Old 22nd November 2009
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NAMA looks like more of a disaster with every month that goes by.
Quote:
Banks are facing a fresh Tier 1 capital ratio crisis because the valuations being put on the property loans they gave to developers are coming in below expectations. Several industry sources said that the banks are extremely unhappy with some of the valuations as they believed the properties were worth more than they are now being told.
Last week AIB said that
Quote:
the level of impaired loans transferring to Nama will have increased to €10.5bn from €6.7bn previously guided.
So the figures for AIB impaired loans going to NAMA were misunderestimated by the guts of 4 billion euro?
Another bad joke.
Banks In Cash Crisis As Nama Loans Falter
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Old 22nd November 2009
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Quote:
Originally Posted by Congalltee View Post
Yeah, it is all her fault.
Not the fault of the 81 TDs who voted for it.
Or the nearly twenty TDs - including enda kenny - who did not turn up to vote against it.
Not the dept of finance doing the banks' bidding.
Not the ecb and commission who are allowing it happen.
Not the collusion of the media - reliant on credit and bank advertising - for their half-hearted criticism.
Not the indifference of an ignorant public.

But you blame the one person who had to sign it or send it to the Supreme Court to be insulated from any further challenge.
I never said it was all her fault...but yes the least she could have done was send it for judicial review. She didnt, so she is as culpable as the rest of the people you have listed.

Last edited by Skin; 22nd November 2009 at 09:39 PM. Reason: mis spelt word
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Old 22nd November 2009
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Well thats that then, The president has just signed the expulsion order for a hundred`s of thousand`s of well educated young people. Why would anyone stay here if given a choice stay here and pay a 120 Billion national debt through their taxes.

president Isabel mc Aleese has just put in train the pogram of the young.
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Old 22nd November 2009
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Quote:
Originally Posted by Skin View Post
I never said it was all her fault...but yes the least she could have done was send it for judicial review. She didnt, so she is as culpable as the rest of the people you have listed.
I suggest you have a look at the Constitution before commenting on the exercise of Presidential powers. article 26 would be a good start (barristers arguing in a vacuum without a client, no real facts and if the Supremes approved it would not be possible to challenge the bill thereafter).
So no, she is not as culpable as the rest.
(i wouldn't be as harsh on you as Tommy O'Brien lying about enda kenny voting against nama in the final vote).
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