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Thread: The NAMA email - have you received it yet?

  1. #1
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    The NAMA email - have you received it yet?

    [FONT=r_ansi][SIZE=2][FONT=r_ansi][SIZE=2][FONT=Verdana]Anyone else get this - it's already gone to my "forward message outbox!"[/FONT][/SIZE][/FONT][/SIZE][/FONT]
    [FONT=r_ansi][SIZE=2][FONT=r_ansi][SIZE=2][FONT=Verdana][/FONT][/SIZE][/FONT][/SIZE][/FONT]
    [FONT=r_ansi][SIZE=2][FONT=r_ansi][SIZE=2][FONT=Verdana]
    [FONT=r_ansi][SIZE=2][FONT=r_ansi][SIZE=2][FONT=Verdana]-----Original Message-----[/FONT][/SIZE]
    [SIZE=2][FONT=r_ansi]From: -----[/FONT][/SIZE]
    [SIZE=2][FONT=r_ansi]Sent: 07 August 2009 10:09[/FONT][/SIZE]
    [SIZE=2][FONT=r_ansi]To: -----[/FONT][/SIZE]
    [SIZE=2][FONT=r_ansi]CC: -----[/FONT][/SIZE]

    [SIZE=2][FONT=r_ansi]Subject: Some NAMA figures to ponder -please share with other Taxpayers[/FONT][/SIZE]
    [/FONT][/SIZE][/FONT]


    [FONT=r_ansi][SIZE=2][FONT=r_ansi][SIZE=2][FONT=Verdana]Analysts reckon the cost of NAMA will be 90 billion Euro[/FONT][/SIZE][/FONT][/SIZE][/FONT]

    [FONT=r_ansi][SIZE=2][FONT=r_ansi][SIZE=2][FONT=Verdana]That's a big figure - but how big?[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana]Well - think of €11.57 - that's a more managable figure to [/FONT][/SIZE][SIZE=2][FONT=Verdana]grasp: Eleven Euro and Fifty Seven cents.[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana]Now imagine paying €11.57 EVERY SECOND.... that comes to over [/FONT][/SIZE][SIZE=2][FONT=Verdana]Forty One and a Half thousand in an hour. Higher than a lot of [/FONT][/SIZE][SIZE=2][FONT=Verdana]people's annual salaries. But keep going...[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana]....and at the end of 1 day you'll have paid €1,000,000. [/FONT][/SIZE]

    [SIZE=2][FONT=Verdana]That's One million Euro, in one day. But keep going... [/FONT][/SIZE]

    [SIZE=2][FONT=Verdana]If the government were to pay for NAMA at this rate (1 million [/FONT][/SIZE][FONT=Verdana][SIZE=2]per day), how long will it be till Ireland is free of it's NAMA [/SIZE][/FONT][FONT=Verdana][SIZE=2]debt? Scroll down to find out[/SIZE][/FONT]

    [FONT=r_ansi][SIZE=2][FONT=r_ansi][SIZE=2][FONT=Verdana].[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana].[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana].[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana].[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana].[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana].[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana].[/FONT][/SIZE]

    [SIZE=2][FONT=Verdana].[/FONT][/SIZE]


    [SIZE=2][FONT=Verdana]At that rate it will take 248 Years and 7 months to pay for [/FONT][/SIZE][SIZE=2][FONT=Verdana]NAMA- roll on April 2258[/FONT][/SIZE]


    [SIZE=2][FONT=r_ansi][SIZE=2][FONT=r_ansi][SIZE=2][FONT=Verdana]Have a nice weekend[/FONT][/SIZE][/FONT][/SIZE][/FONT][/SIZE]
    [/FONT][/SIZE][/FONT][/FONT][/SIZE][/FONT]
    [/FONT][/SIZE]
    [/FONT][/SIZE][/FONT]
    “A healthy social life is found only, when in the mirror of each soul the whole community finds its reflection, and when in the whole community the virtue of each one is living”
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  2. #2
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    What was it that P. T. Barnum said?

    "You'll never go broke underestimating people's intelligence."
    A demagogue is someone who will preach doctrines he knows to be untrue to men he knows to be idiots.

  3. #3
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    Heh, heres a better one:



    Feel free to attach and forward that on to whoever wants to use it, don't alter the image though.

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  4. #4
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    Quote Originally Posted by goosebump View Post
    What was it that P. T. Barnum said?

    "You'll never go broke underestimating people's intelligence."

    So Fianna Fail have proved him wrong.
    “A healthy social life is found only, when in the mirror of each soul the whole community finds its reflection, and when in the whole community the virtue of each one is living”
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  5. #5
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    The figure of 90,000,000,000 comes from the NAMA website as opposed to merely analysists (or course they don't think that it will cost that much, it will be ok, the green shoots will look after us, won't they?)

    4.3 How much will this cost the tax payers?
    To ensure best value for money for the taxpayer the loans will be transferred to NAMA at an appropriate written down value. The potential book value of loans that will be transferred to NAMA is estimated to be in the region of €80 to €90 billion.

    http://www.nama.ie/Publications/2009...dQuestions.pdf
    Last edited by Question R24U; 7th August 2009 at 12:39 PM. Reason: to fix url
    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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  7. #7
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    Quote Originally Posted by Digout View Post
    Ahahah! I keep expecting the million dollar man jumping sound effect in that.

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  8. #8
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    Yes though by that time 1 euro today will equate to maybe 500 euro then

    Drag it out I say!

  9. #9
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    Quote Originally Posted by Digout View Post
    I've added that to our page about NAMA. Thats what I call a new tune.

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  10. #10
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    The original email is doing the rounds at worked - was talked about at lunch - at last people seem to be realising what is happening!

    Anyone else getting feedback from colleagues/"regular" (ie non politico) folk?
    “A healthy social life is found only, when in the mirror of each soul the whole community finds its reflection, and when in the whole community the virtue of each one is living”
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