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Thread: Could any TD be in serious risk of insolvency?

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    Could any TD be in serious risk of insolvency?

    It is probably best not to speculate on individuals but as a general thought.

    Here's why the thought crossed my mind.
    1. According to the register of interests a lot of TDs invested in property and what were considered blue chips.
    2. Former ministers must have launched a revolt of delaying their pension and not paying increments, which was acceded to.
    3. Other payments in whatever form have been cut already or will be and an income cut has been sustained.
    4. Banks have a history of going easy on politicians (the opposite may also apply but no direct link is implied) so we would not know until the bitter end.

    If we had a culture of investigative journalism would it be something worth looking into?
    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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    Quote Originally Posted by Question R24U View Post
    If we had a culture of investigative journalism would it be something worth looking into?
    We have a culture where cartoonists are questioned by the Garda. And as for Investigative Journalism, look what happened to the Centre for Public Inquiry.

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    R24U Good question

    I could not understand why there was so much public reluctance of our TDs to accept the changes announced in the Budget given the pain inflicted on we ordinary mortals.

    If they have over extended themselves with what they thought was certain dosh.....it explains a lot. Heard Ned O'keeffe on the radio yesterday going on about his 'legitimate expectation' of getting the increment when he was elected last time...very upset he was..!

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    Politics.ie Member FutureTaoiseach's Avatar
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    The law requiring bankrupt TDs to resign their seats is undemocratic and as throwback to 19th century ideas of "men of property" running the show. It is unrepublican and ought to be repealed. I don't know whether any of our TDs are on the verge of bankruptcy or not.

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    Quote Originally Posted by FutureTaoiseach View Post
    The law requiring bankrupt TDs to resign their seats is undemocratic and as throwback to 19th century ideas of "men of property" running the show. It is unrepublican and ought to be repealed. I don't know whether any of our TDs are on the verge of bankruptcy or not.
    The argument is that if you are bankrupt, then you are less free to act, as your creditors have a hold on you. Thus, they could use that influence to make you vote a certain way.

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    Politics.ie Member Digout's Avatar
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    Quote Originally Posted by FutureTaoiseach View Post
    The law requiring bankrupt TDs to resign their seats is undemocratic and as throwback to 19th century ideas of "men of property" running the show. It is unrepublican and ought to be repealed. I don't know whether any of our TDs are on the verge of bankruptcy or not.
    Bev Copper Flynn came very close to it, ahern will be in the brown stuff if he does not get awarded his costs by Mahon.

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    Quote Originally Posted by FutureTaoiseach View Post
    The law requiring bankrupt TDs to resign their seats is undemocratic and as throwback to 19th century ideas of "men of property" running the show. It is unrepublican and ought to be repealed. I don't know whether any of our TDs are on the verge of bankruptcy or not.
    Yesterday, he says that rich people should be given unfettered use of their own money to run election campaigns, thereby giving them an advantage over the less well off. (see the Libertas Poland thread)

    Today, he's standing up for the democratic rights of penniless bankrupts!

    FutureTaoiseach, is there no end to your pathetic, moronic flip-flopping? Could you please - just for once - hold the same stance on any issue for more than 24 hours?

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    Politics.ie Member FutureTaoiseach's Avatar
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    Quote Originally Posted by mccafferty cat View Post
    Yesterday, he says that rich people should be given unfettered use of their own money to run election campaigns, thereby giving them an advantage over the less well off. (see the Libertas Poland thread)

    Today, he's standing up for the democratic rights of penniless bankrupts!

    FutureTaoiseach, is there no end to your pathetic, moronic flip-flopping? Could you please - just for once - hold the same stance on any issue for more than 24 hours?
    It isn't an either-or in terms of the rights of the rich and poor. Class-warfare rhetoric is not what this country needs at these perilous times. Your argument on Libertas is bogus as the main parties are loaded.

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    Quote Originally Posted by FutureTaoiseach View Post
    It isn't an either-or in terms of the rights of the rich and poor. Class-warfare rhetoric is not what this country needs at these perilous times. .
    You're some piece of work.

    If 5 millionaires, and 5 bankrupts ran in a 5 seat constituency - with no spending limits of any kind - which 5 do you think would get elected?

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    Politics.ie Member FutureTaoiseach's Avatar
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    Quote Originally Posted by mccafferty cat View Post
    You're some piece of work.

    If 5 millionaires, and 5 bankrupts ran in a 5 seat constituency - with no spending limits of any kind - which 5 do you think would get elected?
    I seem to recall a working-class man who won a seat in the constituency of a millionaire Taoiseach in 2007.

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