Page 2 of 2 FirstFirst 12
Results 11 to 19 of 19

Thread: The Government Will Borrow 1.6bn to Put Into the PENSION RESERVE FUND! this year.

  1. #11
    Politics.ie Regular seabhcan's Avatar
    Join Date
    Sep 2007
    Posts
    12,560

    Quote Originally Posted by JohnCallaghanWill View Post
    Why do you think the Banks will be able to pay it back?
    As I said, while it lasts it makes sense.
    "Who will bailout the IMF after FF is finished with them?"

  2. #12
    Politics.ie Regular
    Join Date
    Jan 2009
    Location
    Mostly in Europe
    Posts
    2,011

    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?

  3. #13
    Politics.ie Regular
    Join Date
    Feb 2009
    Posts
    2,642

    Quote Originally Posted by White Horse View Post
    Did we not have a War Of Independence to get rid of upper class English toffs who were ruining our country!
    Mansergh is as Irish as you. Probably more so.
    Disgraceful comment by the amadan known as an capall ban.

  4. #14
    Politics.ie Regular
    Join Date
    Nov 2006
    Location
    Limerick East
    Posts
    5,594

    Quote Originally Posted by Horace Horse View Post
    Mansergh is as Irish as you. Probably more so.
    Disgraceful comment by the amadan known as an capall ban.
    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.

  5. #15
    Politics.ie Regular White Horse's Avatar
    Join Date
    Jun 2006
    Location
    Dundalk
    Posts
    12,206

    Quote Originally Posted by Horace Horse View Post
    Mansergh is as Irish as you. Probably more so.
    Disgraceful comment by the amadan known as an capall ban.
    He was born, raised, and educated in England. He is the son of an Irish father and an English mother.

    He is the kind of Irish man that Jack Charlton sought to play for Ireland in the 80's.

    The Tony Cascarino of Irish politics.

  6. #16
    Politics.ie Regular droghedasouth's Avatar
    Join Date
    May 2007
    Location
    Drogheda (obviously)
    Posts
    5,598

    Quote Originally Posted by Limerick Lad View Post
    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.
    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

  7. #17
    Politics.ie Regular droghedasouth's Avatar
    Join Date
    May 2007
    Location
    Drogheda (obviously)
    Posts
    5,598

    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

  8. #18
    Politics.ie Regular
    Join Date
    Jan 2009
    Location
    Mostly in Europe
    Posts
    2,011

    Quote Originally Posted by droghedasouth View Post

    However keeping Anglo-Irish bank going is an act of treason.


    Which friends of FF hold these bonds?
    There is no other rational explanation.
    We´d love to know.
    Will we ever find out?

  9. #19
    Politics.ie Member
    Join Date
    Sep 2008
    Posts
    475

    [ame=http://www.youtube.com/watch?v=_WSGwnz7XpY]YouTube - The speech that got John F. Kennedy Killed[/ame]

Page 2 of 2 FirstFirst 12

Similar Threads

  1. Pension Reserve Fund - Could it crash ?
    By rockofcashel in forum Economy
    Replies: 26
    Last Post: 8th October 2008, 01:30 PM
  2. Replies: 33
    Last Post: 28th July 2008, 11:25 AM
  3. Replies: 38
    Last Post: 11th July 2008, 11:17 PM
  4. National Pension Reserve Fund
    By de knowledge economy in forum Economy
    Replies: 0
    Last Post: 27th June 2008, 01:38 AM
  5. Norway's $200 bn oil/pension fund bans Wal-Mart
    By MichaelHennigan in forum Foreign Affairs
    Replies: 9
    Last Post: 8th June 2006, 05:17 PM