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Thread: Interest Rates Rising, Inflation Rising, Hearts Sinking

  1. #51
    nuj
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    Quote Originally Posted by sackville
    Quote Originally Posted by nuj
    Simple Simon springs to mind, actually. Or Hilaire Belloc's "Matilda".
    Belloc? how reactionary-who'd have thought it, nuj! (mind so is the entire rest of your post in essence, so we shouldn't be too surprised)
    "MATILDA told such Dreadful Lies,
    It made one Gasp and Stretch one's Eyes;
    Her Aunt, who, from her Earliest Youth,
    Had kept a Strict Regard for Truth,
    Attempted to Believe Matilda:
    The effort very nearly killed her"
    "All employment is outright robbery" says Cael, the voice of reason

  2. #52
    Politics.ie Regular Catalpa's Avatar
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    Quote Originally Posted by nuj
    Quote Originally Posted by Catalpa
    Also we still owe billions as a State which has been masked from public scrutinty in recent years due to the Boom.

    The willpower to change from our current economic model is just not there amongst the Oligrachy who run this State.

    Humpty Dumpty springs to mind once again....
    The national debt has not been "masked from public scrutiny". It has assumed less and less importance, as it has fallen to the second-lowest rate in the eurozone (behind Luxembourg). Information on it is freely available, and it is reported on regularly in the media.

    As bad as this government may be, Ireland is hardly an oligarchy, unless you have some evidence to back up your claim. Not liking immigration policies doesn't count as evidence, by the way.

    Simple Simon springs to mind, actually. Or Hilaire Belloc's "Matilda".
    http://www.poetry-archive.com/b/matilda.html
    The national debt has not been "masked from public scrutiny". It has assumed less and less importance, as it has fallen to the second-lowest rate in the eurozone

    It has assumed less and less importance because we are doing well economically and can therefore pay the debt+ interest off with relative ease.

    The fear factor here is if and when a slump occurs and the government has difficulty colleting taxes as economic decline sets in.

    I'm not saying the issue has been deliberatly masked from public scrutiny just that it not at this moment given much coverage in the media for obvious reasons.

    As bad as this government may be, Ireland is hardly an oligarchy

    I take it your being sarcastic here NUJ?
    Europa Conventus Delenda Est

  3. #53
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    Quote Originally Posted by Libero
    Well I'm sure there's lots of men out there who'll vote SF if it means they can get maternity leave.
    Although not as many as might like paternity leave. The sex-change might be OK, but the pregnancy I think a lot of men would balk at.
    Never let the best be the enemy of the good.

  4. #54
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    Quote Originally Posted by nuj
    Quote Originally Posted by sackville
    Quote Originally Posted by nuj
    Simple Simon springs to mind, actually. Or Hilaire Belloc's "Matilda".
    Belloc? how reactionary-who'd have thought it, nuj! (mind so is the entire rest of your post in essence, so we shouldn't be too surprised)
    "MATILDA told such Dreadful Lies,
    It made one Gasp and Stretch one's Eyes;
    Her Aunt, who, from her Earliest Youth,
    Had kept a Strict Regard for Truth,
    Attempted to Believe Matilda:
    The effort very nearly killed her"
    "Mathida" translates as Bartholomew (or IBEC etc) and her aunt, well......
    Quote Originally Posted by Jonathan Swift
    Satire is a sort of glass, wherein beholders do generally discover everybody's face but their own.
    .
    .........recognise anyone? nope ,didn't think so ! 8)
    "Public opinion will be led to adopt, without knowing it, the proposals that we dare not present to them directly ...."
    - V.Giscard D'Estaing, 14 June 2007

  5. #55
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    Quote Originally Posted by Catalpa
    Quote Originally Posted by nuj

    As bad as this government may be, Ireland is hardly an oligarchy
    I take it your being sarcastic here NUJ?
    no, he's a 'rebel' and he means it! (see the establisment quaking)
    "Public opinion will be led to adopt, without knowing it, the proposals that we dare not present to them directly ...."
    - V.Giscard D'Estaing, 14 June 2007

  6. #56
    nuj
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    Sackvalpillon, you are a trio of mendacious little turds. You post idiocies and untruths; you blame your ignorance on media cover-ups.

    Have any of you any point to make about immigration, backed by facts, other than you don't like it?
    "All employment is outright robbery" says Cael, the voice of reason

  7. #57
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    Quote Originally Posted by sackville
    Quote Originally Posted by Catalpa
    Quote Originally Posted by nuj

    As bad as this government may be, Ireland is hardly an oligarchy
    I take it your being sarcastic here NUJ?
    no, he's a 'rebel' and he means it! (see the establisment quaking)
    .........with laughter that is!
    "Public opinion will be led to adopt, without knowing it, the proposals that we dare not present to them directly ...."
    - V.Giscard D'Estaing, 14 June 2007

  8. #58
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    yet another thread attempted to be subverted into an anti-immigration thread (take a bow catalpa) and a SF thread (likewise factual).

    my 10c is that inflation will increase substantially in the next 12 months due to SSIA's maturing.
    my solution to rein in inflation? more savings incentives or more tax relief to put the Eur20k against mortgages rather than the cosmetic surgery/home entertainment system.

    (i'd also reduce the public sector wage bill by any method possible)

    we have no control over interest rates. question is whether we had any control over them in the past. answer: not really, when we were linked to UK system until the 70's we followed the old lady of threadneedle street and after that we linked ourselves to the bundesbank. far more sensible than allowing political interference.

    fundamental question: did we do the right thing in entering the eurozone and giving up monetary policies?
    i think deffo yes for many reasons not least being that our option to excercise monetary policies were very limited in the first place (little opportunity cost).
    Not being able to govern events, I govern myself. -Michel de Montaigne, essayist (1533-1592)

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