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Thread: NAMA building "Occupied" in Cork for Community Resource Centre

  1. 17th January 2012, 10:14 AM #81
    Dan_Murphy
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    Quote Originally Posted by Bonsai Experiment View Post
    My house is private property, until i default , then the bank takes ownership, then the bank gets bought out by the tax payer , hence the taxpayer owns my house ??? No ?
    But they have not defaulted.
    “Inflation is taxation without legislation”

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  3. 18th January 2012, 05:28 PM #82
    He3
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    Bloomberg has noticed.

    Irish Move Into Empty Offices Escalates Bust Legacy Battle - Bloomberg
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  4. 18th January 2012, 05:48 PM #83
    meriwether
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    Quote Originally Posted by Bonsai Experiment View Post
    My house is private property, until i default , then the bank takes ownership, then the bank gets bought out by the tax payer , hence the taxpayer owns my house ??? No ?
    The bank does not take ownership. It takes possession.

    The house is sold on your behalf, and the money used to discharge the bank debt, for your benefit.

    Thats the theory anyway.

    In relation to this property, does anyone know if the borrower has defaulted on repayment on the loan?
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  5. 18th January 2012, 08:45 PM #84
    He3
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    Quote Originally Posted by meriwether View Post

    In relation to this property, does anyone know if the borrower has defaulted on repayment on the loan?
    No public information so far afaics.
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  6. 19th January 2012, 02:19 AM #85
    The Element
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    Ye are splitting hairs......a building owned by the wealthy...taken by a agency of a corrupt and broken system......A prime target for occupation!
    And if it wasn't occupied....it would be sold off cheaply to some other rich person to use to make him/herself even more rich....and put a few scraps into the "taxpayers" coffers...to then be promptly wasted by the government.

    What is happening is the best of all options....Occupy it, make it for the people of this country....make it a beacon to show new ways forward. Bring the common man together to take control back from the hands of a few elite. For the Irish People, that is the most profitable use of NAMA property!!
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  7. 19th January 2012, 08:41 AM #86
    Dan_Murphy
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    Quote Originally Posted by The Element View Post
    Ye are splitting hairs......a building owned by the wealthy...taken by a agency of a corrupt and broken system......A prime target for occupation!
    And if it wasn't occupied....it would be sold off cheaply to some other rich person to use to make him/herself even more rich....and put a few scraps into the "taxpayers" coffers...to then be promptly wasted by the government.

    What is happening is the best of all options....Occupy it, make it for the people of this country....make it a beacon to show new ways forward. Bring the common man together to take control back from the hands of a few elite. For the Irish People, that is the most profitable use of NAMA property!!
    With that in mind, please furnish me with your address, I wish to set up a heroin clinic in your house.
    “Inflation is taxation without legislation”

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  8. 27th January 2012, 12:43 PM #87
    Finbarr From The Fort
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  9. 12th March 2012, 01:21 PM #88
    Dohville
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    Occupy protesters to dismantle Cork camp | Irish Examiner

    Seems the final 4 have seen the way the wind is blowing.
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  10. 12th March 2012, 01:37 PM #89
    Diawlbach
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    Quote Originally Posted by Dohville View Post
    Occupy protesters to dismantle Cork camp | Irish Examiner

    Seems the final 4 have seen the way the wind is blowing.
    Looked like 2 this morning. Plus a load of pallets and a shack.
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