This pension thing is getting better by the minute.
1.6 billion being raised by the PS levy
3 billion donated by the govt to AVC´s on private pensions.
1.6 billion more being borrowed to put into a pension reserve fund.
Whats next?
While not wishing to cast any aspersions on Mansergh's Irishness, he was born in England in 1946, the son of the County Tipperary-born historian Nicholas Mansergh and was raised and educated in England at The King's School, Canterbury and Christ Church, Oxford, this would account for the mindset of many that he is more British than Irish in his accent and mannerisms.
Average expenses per TD in 2011:- FG €36,412, Lab €28,756, FF €45,219, SF €44,413, SP €23,654, PBP €31,866, WUAG €49,911, IND €37,805, CC €13,112.
Presumably he comes out of the same mould as Childers.
I don't object to his Anglo shriek - it is the natural counterpart to John Bruton's laugh.
It is his insufferable addiction to FF sleeeveen politics that annoys me.
Eoin Ryan is just as posh and well educated byt you get the impression that he would not have worshipped so enthusiatically at the altar of Bertie.
There are times when you are simply required to be impolite. There are times when condescension is called for!
- Aaron Sorkin writing as President Bartlet to Obama, NYT 21/09/2008
You can't build a smart economy based on dumb decisions.
- Richard Bruton 18/12/2008
The pension fund is offset against our borrowings when calculating the deficit.
so long as the investment in the banks is worthwhile, it is ok to do it.
However keeping Anglo-Irish bank going is an act of treason.
It effectively guarantees 6,000,000,000.00 of high interest subordinated bonds that were NOT guaranteed in September 29th.
FF refused an amendment from FG to have Anglo wound up gradually as part of the nationalisation. If it were wound up over 5-7 years, the bond holders would lose all their money before we had to pony up a penny.
Which friends of FF hold these bonds?
There is no other rational explanation.
There are times when you are simply required to be impolite. There are times when condescension is called for!
- Aaron Sorkin writing as President Bartlet to Obama, NYT 21/09/2008
You can't build a smart economy based on dumb decisions.
- Richard Bruton 18/12/2008
[ame=http://www.youtube.com/watch?v=_WSGwnz7XpY]YouTube - The speech that got John F. Kennedy Killed[/ame]