Results 1 to 2 of 2

Thread: McWilliam's Six Point Plan

  1. 19th November 2008, 05:36 PM #1
    Bobert
    Bobert is offline
    Politics.ie Regular Bobert's Avatar
    Join Date
    Mar 2008
    Location
    Sesame Street
    Posts
    12,324

    McWilliam's Six Point Plan

    David McWilliams in his Indo column today made some very excellent points calling the economic state a "national emergency" and encouraging the minister act swiftly. He outlines 6 plans which I must say I agree with, particularly concerning bank recapitalisation.

    Quote Originally Posted by David McWilliams]There is plenty of money on deposit in Ireland -- more than enough to finance the hole in the banks' balance sheets. Therefore, the State could issue a convertible bond, which converts into equity in, let's say, five years.[/QUOTE]

    [QUOTE="David McWilliams
    We have to make sure that we never again become beguiled by the idiocy that we can get rich by buying and selling overpriced houses to each other using other peoples' money. The recapitalised banks will finance proper businesses.
    Which is something I've been encouraging for three years now, I just haven't had a national platform.

    Act now, minister, or we will all live to regret it - Analysis - Independent.ie
    Every one sees what you appear to be, few really know what you are, and those few dare not oppose themselves to the opinion of the many, who have the majesty of the state to defend them.

    - [SIZE=2]Niccolò Machiavelli[/SIZE]
    Reply With Quote Reply With Quote
  3. 19th November 2008, 06:06 PM #2
    sandar
    sandar is offline
    Politics.ie Regular sandar's Avatar
    Join Date
    May 2007
    Location
    London UK
    Posts
    7,103

    THose are six world class ideas, monetrist, but bot thatcherite, prudent, opracticak and also offering solutions for the short term and long tern
    Reply With Quote Reply With Quote

Similar Threads

  1. Tom Parlon's 10-point plan
    By peadarmc in forum Economy
    Replies: 37
    Last Post: 19th January 2010, 10:48 PM
  2. George Lee's new 5 point plan
    By Benz in forum Fine Gael
    Replies: 34
    Last Post: 21st May 2009, 11:40 AM
  3. Labours 10 point plan
    By Digout in forum Labour
    Replies: 32
    Last Post: 19th May 2009, 08:26 PM
  4. Unions 10 point plan
    By smitchy2 in forum Economy
    Replies: 47
    Last Post: 17th February 2009, 06:39 PM
  5. Mc Williams's 6 point plan
    By Digout in forum Economy
    Replies: 51
    Last Post: 20th November 2008, 01:56 PM