while it is very difficult to take any thread seriously when digout is the main contributor, it would appear that the economic sovereignty of this Republic is under pressure. Some questions:
1. Why did the EU sanction savings of 4bn two weeks ago when ten were needed?
2. Can the ECB do anything?
3. What did the IMF say in their last survey?
4. Is this lack of demand linked to noble prize winners and rating agencies downgrading us and other sentiments?
5. WTF can we do?
If the banks are out for a bail,
and Lenny's efforts end up as a fail,
when the Somer does come,
to the Country they'll run,
And leave a Fine mess for the Gael.
Endinf the one Party (FF) state:
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The Political balls are not in place
30% min cuts on PS CS wages salaries across the board
EVERYONE
Soc Wel cut 20%
Cancel all RENT subsidies (the greatest unspoken scam)
renegotiate all deals
I guarantee I could give you a balanced budget
I would be about as popular as Adolf Hitler
and you know what I could not care less
a true patriot would deliver a balanced budget and save this Nation
This government has zero chance of getting through spending cuts IMO.
They claim they can't cut TD's increments or ministerial pensions due to employment contract laws. If that really is the case how will they be able to cut public sector wages.
We are running out of time to turn this around.
Speaking of the IMF, the IMF expects that the cost of stabalising the Irish banks will be about 13.9% of GDP or about 25 billion - the highest % cost in the (developed) world.
Furthermore, our debt is increasing at more than 3 times the rate of Greece and we should catch up with them on current trands in 2012.
The link is http://www.imf.org/external/pubs/ft/...1/pdf/text.pdf
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 fecking about over Ministers pensions and long service increments to TDs, though minor in the greater scheme of things, show that this regime is unable to govern.
After all, if they can't sort out 166 TDs and 60 Senators, how the fkcu will they sort out a public service with about 300,0000 employees.
Its no wonder everyone from teachers to nurses, guards and consultants walks all over them.
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
I guarantee I could give you a balanced budget
I would be about as popular as Adolf Hitler
and you know what I could not care less
a true patriot would deliver a balanced budget and save this Nation
Would you back my Militia? No, you're Irish, put the kettle on and whine
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