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  1. #51
    Phil Maker Phil Maker is offline

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    Quote Originally Posted by darkhorse View Post
    Even if they were all on the minimum wage, then all wages would have been spend in the Irish economy
    Has to be worth more to the economy than being on the dole
    How can you state that when we don't know the level of services, grants, loans etc that were provided by EI et al ?

    You Sir, are talking through your arsť.
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  2. #52
    Spanner Island Spanner Island is offline
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    Quote Originally Posted by darkhorse View Post
    Even if they were all on the minimum wage, then all wages would have been spend in the Irish economy
    Has to be worth more to the economy than being on the dole
    Do you know something no-one else knows?

    Was Cully & Sully in trouble or something and needed saving?

    Because if they weren't then your points are kind of irrelevant.
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  3. #53
    brughahaha brughahaha is offline

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    Quote Originally Posted by Spanner Island View Post
    I'm not begrudging them at all. Good luck to them and I'd prefer they were able to do this than have the 'state' interfering and running things.

    I simply think if the 'state' is going to invest in companies like this via grants, aid or whatever, that the 'state' needs to adopt a new approach which secures some equity in the companies in which they invest - (as a silent non interfering partner).

    At least then the sell offs happen the state gets a share.

    If venture capitalists etc. won't invest in companies without equity etc., then why should the 'state'?.
    Fair enough , no problem with any of that ( as long as it was non voting stock)
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  4. #54
    darkhorse darkhorse is offline
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    Quote Originally Posted by Spanner Island View Post
    Do you know something no-one else knows?

    Was Cully & Sully in trouble or something and needed saving?

    Because if they weren't then your points are kind of irrelevant.
    Did you actually read my point?
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  5. #55
    Spanner Island Spanner Island is offline
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    Quote Originally Posted by darkhorse View Post
    Did you actually read my point?
    I hadn't read #50 when I posted...

    I take your point regarding possible expansion etc., but I didn't get the point you were making which seemed to imply it was a choice of either sell up or everyone's on the dole.
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  6. #56
    elliebee elliebee is offline

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    Quote Originally Posted by Phil Maker View Post
    bad

    another sell out

    typical Irish stunt, same as Cooley

    I will buy their stuff no more
    What a shame. The meat is being scraped off our bones by vultures.
    Well that leaves an opening now for a new indigenous company - How about Mrs Murphy's Real Irish Soup!!
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  7. #57
    Phil Maker Phil Maker is offline

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    Quote Originally Posted by darkhorse View Post
    Even if they were all on the minimum wage, then all wages would have been spend in the Irish economy
    Has to be worth more to the economy than being on the dole
    I ask again...

    How can you state that when we don't know the level of services, grants, loans etc that were provided by EI et al ?
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  8. #58
    darkhorse darkhorse is offline
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    Quote Originally Posted by Phil Maker View Post
    I ask again...

    How can you state that when we don't know the level of services, grants, loans etc that were provided by EI et al ?
    They usually dont impose salary levels on employees but do offer employment grants
    Which normally have to be repaid if the company closes - as happened recently
    (They are not fools in EI you know)
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  9. #59
    Phil Maker Phil Maker is offline

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    Quote Originally Posted by darkhorse View Post
    They usually dont impose salary levels on employees but do offer employment grants
    Which normally have to be repaid if the company closes - as happened recently
    (They are not fools in EI you know)
    You still have not addressed the costs borne by EI et al championing and coaching these guys.

    once again the Irish taxpayer bends over....
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  10. #60
    Tim Johnston Tim Johnston is offline
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    Quote Originally Posted by Spanner Island View Post
    Cully & Sully has been sold to a US buyer...

    Cully & Sully sold to US buyer - The Irish Times - Fri, May 04, 2012

    Well done and good luck to them - but do you think this is a good or a bad thing?



    There are plenty of benefits stated in the link but all I see is another successful indigenous company hoovered up by another foreign/multinational which may well see employment maintained and possibly even grow here, but will also mean profits being repatriated elsewhere.

    Does this country have a future if successful indigenous companies are constantly taken over by major multinationals?

    I don't think it does and I'd like to see any state investment in any company given in return for equity so that at least when these sell offs happen the state benefits.
    from a business point of view?

    We've sold the foreigners another bag of magic beans. Can't they make their own soup in America?
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