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Thread: NAMA - First Draft of the Bill published

  1. #21
    jpc
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    Quote Originally Posted by spidermom View Post
    McDonagh just on Prime Time to say that some of these land banks could be yet developed...does he mean the fields in Sallins or outside the village of Ballyfe*ck....thought the greens were fundamentally opposed to unsustainable developements!!....and bad planning....If Nama are to recoup OUR money....bad planning to continue!!!...with the greens blessing now?????
    Do the Greens know anything about irony?
    Oh insist that allotments are included in the divilipments
    Its only a chat, we ain't the world council.
    In 2000 the Women's Institute in Britain gave Tony Blair the slow hand clap to demonstrate their contempt.
    [COLOR="Red"]It was dignified, restrained and effective.[/COLOR]Doesn't Bertie deserve the same scorn. No shouting, no abuse, no agression just a relentless slow clap whenever he speaks in public would be enough to end that man's presidential fantasy.
    -3.75,-3.23

  2. #22
    He3
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    Quote Originally Posted by jpc View Post
    Do the Greens know anything about irony?
    It is somewhere between goldy and bronzy.
    'Personally, I find the notion of changing our constitution in exchange for a loan absolutely disgusting'. - Tin Foil Hat

  3. #23
    Politics.ie Member Digout's Avatar
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    Quote Originally Posted by spidermom View Post
    McDonagh just on Prime Time to say that some of these land banks could be yet developed...does he mean the fields in Sallins or outside the village of Ballyfe*ck..
    It could also be fields in Croatia, or the side of a mountain in Bulgaria. There is also loads of property in London and the States.

    NAMA is a fraud to bail out the friends of FF, we must stop this fraud.

  4. #24
    Politics.ie Member spidermom's Avatar
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    Gormless hoping the planning decisions are in place....or he will turn green......due to nausea this time!!!!
    Behind every great man is a woman rolling her eyes.
    Jim Carrey.

  5. #25
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    The same heads that caused the whole scenario are now going to fix it.This thing is a laugh, the boyos that over valued everything are going to do valuing,the boyos that handed out the loans are going to look after it ,the government are going to look on and do shag all,no change back to the drawing board.
    A champion of the people emerges with the age-old and appealing promise of "something for nothing" - to be financed through every-increasing taxes. Supply and demand are thrown out of gear - the overhead goes up; the effective use of human energy goes down; the standard of living is lowered because money cannot buy wealth that is not produced.

    WEAVER, HENRY GRADY,

  6. #26
    Politics.ie Member Digout's Avatar
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    Who are the panel of experts lenny is going to use to value these "assets" ? I bet it will be a load of ex estate agents or some other vested interests. It time to get out on the streets and remove this lot.

  7. #27
    Hal
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    Quote Originally Posted by toughbutfair View Post
    I haven't posted anything on NAMA as I am not 100% clear about it. However the following baffles me:


    Who buys something at the value it might be in the future? If a company's shares are trading at 1 euro, it might go up, or it might go down but it is worth 1 Euro now but who will buy it for 3 euro because it could be worth this in the future?
    I would think they will pay the minimum they have to pay to keep the banks solvent and sort out any losses by way of a bank levy when the banks are in profit again.

  8. #28
    Politics.ie Member Digout's Avatar
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    Quote Originally Posted by Hal View Post
    I would think they will pay the minimum they have to pay to keep the banks solvent and sort out any losses by way of a bank levy when the banks are in profit again.
    Either way, Joe Public will pay and the developer friends of FF will still be living the life of kings.

  9. #29
    Hal
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    Quote Originally Posted by Digout View Post
    the developer friends of FF will still be living the life of kings.
    How so?

  10. #30
    He3
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    Quote Originally Posted by Hal View Post
    How so?
    The mansions are probably secure anyway.

    http://www.politics.ie/culture-commu...t-decides.html
    'Personally, I find the notion of changing our constitution in exchange for a loan absolutely disgusting'. - Tin Foil Hat

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