"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte
i' m sure your employer no longer banks with any of the irish banks anymore,they are not the only banks in town ,why can't people get it through their heads, no one has been putting their money in to these banks for over a year now, the state has been subsidising them, the government stuck its nose into a private business and now everyone is paying for it. if they had left well enough alone the markets would have let them sink or swim,once the government got involved noone was going to touch these banks,let fianna fail and the greens put up their own assets as security for nama
Do you actually understand what you are posting. Where should these loans have been?
Why did the Banks say that they NAMA would not cause them to lend to the wider economy?
We own these loans now and cannot afford them. Do you think that this is where they should be? Why should we be responsible for debts we never accrued yet not benefit from profits that were only paid to Bank executives?
You are joking?
Halifax and Ulster are both on life support from the UK Government via their parents Lloyds and RBS.
Rabo can't get out of Ireland fast enough.
Don't get me wrong, as I said back in 2008, I'd be more than happy to see the Irish Banks gone, but the difficulty is that we need to have a new Banking system in place before that happens.
There is an opportunity to do something creative when the guarantee expires, but the Department of Finance are not known for their creativity (no matter who is in Government).
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"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte
"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte
This article gives a good overview of the reality of the situation
| The Post
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"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte