Follow @PoliticsIE
 
 
 
Page 1 of 4 1234 LastLast
Results 1 to 10 of 33

Thread: Scrooge Budget leads to Happy Xmas For Loan Sharks

  1. #1
    Ex-Member
    Join Date
    Sep 2009
    Location
    In a house. For now at least.
    Posts
    1,756
    Mentioned
    0 Post(s)

    Default Scrooge Budget leads to Happy Xmas For Loan Sharks

    With Christmas only a couple of weeks away, and the only comment from Brian (Lips) Cowen being "Bah Humbug", how are those with children going to cope with demands from their youngsters for more and more expensive gifts. I suspect what will happen is that an awful lot of people who are already in a state of virtual fiscal collapse, will head out to the money-lenders and money lending companies, in order to give their kids what they asked for. This in turn will of course lead to more and more depression hitting those who are already finding things difficult, those thousands of families who are in danger of losing their homes, those who have lost jobs in the last year, seeing no hope for the future and then the "feck them all anyway"mentality sets in and loans are secured, at appalling interest rates, not from banks but from loan sharks.

    The fear that these families feel must be terrible. The worry unbearable, but for the sake of the children, Christmas has to go on as if nothing has happened and Santa is still expected. I think that especially because we had the "boom" years that we will feel the loss of income even more, and how do you explain to a child that the toy you promised them is now not coming? You can't and so you borrow.

    The one thing this Godforsaken Government can do is plaster post offices and community buildings, libraries and suchlike with information about M.A.B.S. so that at least people who get in well over their heads have information to hand which shows where help can be found and advice given. M.A.B.S. give an excellent service, free, counselling you on your debts, your budget and giving you legal advice.

    This matter is really worrying and I am so afraid for those who will not be able to manage the stress of no job, loss of home, and no hope on offer for the future. I hope all those out there who made a "killing" in the boom years on the backs of p.a.y.e. workers are prepared to see the further consequences of their ambition and hope that more killings will not be the end result.

  2. #2
    Politics.ie Member mryoungdan's Avatar
    Join Date
    Aug 2009
    Location
    dedham
    Posts
    245
    Mentioned
    0 Post(s)

    Default

    I spoke of this before and believe me I am not a fan of the Welfare State.

    However that extra few bob was always intended for this purpose even if left unsaid.

    As usual they kick the poor where they are most vunerable.

    700 million for overseas aid and 50 million to the polacks for a cloud of carbons--no problemo. 5 million for desperate people---- no money but suck on a few carbon taxes.

    There is no doubt in my mind that there will be people swinging themselves as a result of this

  3. #3
    Politics.ie Member sakhee's Avatar
    Join Date
    Aug 2006
    Posts
    453
    Mentioned
    0 Post(s)

    Default

    I'm not sure if you think the taxpayers should be asked to fund other people's Christmas present buying but I don't see how we could have come up with money out of thin air to give to people in time for their Christmas shopping.If I buy any presents at all this year it will be something extremely low cost and I don't expect a handout to help me.

    I'm afraid we are now at the stage where parents need to be cruel to be kind.People spending money they don't have on unnecessary luxuries are only causing themselves and their families more damage.Time to face reality and keep the wallets closed, harsh as that sounds.Most of us bemoan the fact the Government squandered money we did have while we were all doing the same ensuring we had the latest car model, bigger houses and top of the range games consoles, laptops etc.We certainly cannot afford to squander money we don't have.Time for the young ones to get a good and useful dose of the reality of boom and bust economics at work I'd say.While tough on Christmas Day there should be long term benefits such as a welcome return to input=output.

  4. #4
    Politics.ie Newbie piano's Avatar
    Join Date
    Nov 2009
    Posts
    3
    Mentioned
    0 Post(s)

    Default

    I don't mean to be a scrooge myself but I really have very little sympathy for people who go to loan sharks. We should all have learned a lesson about debt from this crisis and everyone will have to just say no to their kids this christmas. It's an awful thing to have to do but it's worse than owing to some fella money on a huge interest rate

  5. #5
    Ex-Member
    Join Date
    Sep 2009
    Location
    In a house. For now at least.
    Posts
    1,756
    Mentioned
    0 Post(s)

    Default

    Apart from mryoungdan the other two contributors are typical of the unfeeling, uncaring attitude of people who have never known a day's want in their lives. It is typical that they not only have no understanding of what its like to be constantly stuck in the poverty trap, but these selfish unfeeling creatures do not even try to learn how and why so many people are in such a bad situation.

    I am not talking of a few hundred people here. I am talking of hundreds of thousands of people. In the small town where I live 17 business in the town and on the industrial estate have gone bust. Mothers and Fathers are out of work now. There are no jobs available, none. But sod them! Right? Make it even rougher for them. Take more money off them just in case they may have a worry free day.

    There's a thread on here that is called Are the Irish Pragmatic or just apathetic? Well, that really depends on how much money you have, or how well paid you are and more importantly still, how safe your job is, now doesn't it?
    Do you know why we will never have a revolution or any sort of revolt against the thieving, lying pack of vultures who have taken our money, yes, our money, because there are too many sellf-satisfied, smug bastards around who make the social welfare recipients feel that they are worthless, that their children are worthless, so the fight is knocked out of the poor bloody quick by their fellow brothers and sisters. Hah! And those who have managed to drag themselves out of the poverty trap do not want it ever known that they were ever in that placeI, and so unlike the rich, the poor do not stand together.

    Its interesting to see a Fine Gaeler leaping to the support of a Fiann Fáil budget, isn't it? Makes one wonder about who to vote for in the next G.E.


    God, I hate smug, snobby gits. I really do.

  6. #6
    Politics.ie Newbie
    Join Date
    Feb 2006
    Posts
    41
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Lazarus View Post
    Apart from mryoungdan the other two contributors are typical of the unfeeling, uncaring attitude of people who have never known a day's want in their lives. It is typical that they not only have no understanding of what its like to be constantly stuck in the poverty trap, but these selfish unfeeling creatures do not even try to learn how and why so many people are in such a bad situation.

    I am not talking of a few hundred people here. I am talking of hundreds of thousands of people. In the small town where I live 17 business in the town and on the industrial estate have gone bust. Mothers and Fathers are out of work now. There are no jobs available, none. But sod them! Right? Make it even rougher for them. Take more money off them just in case they may have a worry free day.

    There's a thread on here that is called Are the Irish Pragmatic or just apathetic? Well, that really depends on how much money you have, or how well paid you are and more importantly still, how safe your job is, now doesn't it?
    Do you know why we will never have a revolution or any sort of revolt against the thieving, lying pack of vultures who have taken our money, yes, our money, because there are too many sellf-satisfied, smug bastards around who make the social welfare recipients feel that they are worthless, that their children are worthless, so the fight is knocked out of the poor bloody quick by their fellow brothers and sisters. Hah! And those who have managed to drag themselves out of the poverty trap do not want it ever known that they were ever in that placeI, and so unlike the rich, the poor do not stand together.

    Its interesting to see a Fine Gaeler leaping to the support of a Fiann Fáil budget, isn't it? Makes one wonder about who to vote for in the next G.E.


    God, I hate smug, snobby gits. I really do.
    You may as well vote for the Shinners Lazarus, right or wrong, they do at least try to promote policies looking after the less well off.

    FG would be a disaster in Government in my opinion. Nice people, terrible politics.

  7. #7
    Politics.ie Member Panopticon's Avatar
    Join Date
    May 2009
    Posts
    5,575
    Mentioned
    0 Post(s)

    Default

    I don't want to pay for some kid getting a ridiculously over-priced lump of Chinese plastic just because his parents have bought him ridiculously over-priced Chinese plastic every other year when they were receiving imaginary money.

  8. #8
    Boggle
    Guest

    Default

    Quote Originally Posted by Lazarus View Post
    Apart from mryoungdan the other two contributors are typical of the unfeeling, uncaring attitude of people who have never known a day's want in their lives. It is typical that they not only have no understanding of what its like to be constantly stuck in the poverty trap, but these selfish unfeeling creatures do not even try to learn how and why so many people are in such a bad situation.

    I am not talking of a few hundred people here. I am talking of hundreds of thousands of people. In the small town where I live 17 business in the town and on the industrial estate have gone bust. Mothers and Fathers are out of work now. There are no jobs available, none. But sod them! Right? Make it even rougher for them. Take more money off them just in case they may have a worry free day.

    There's a thread on here that is called Are the Irish Pragmatic or just apathetic? Well, that really depends on how much money you have, or how well paid you are and more importantly still, how safe your job is, now doesn't it?
    Do you know why we will never have a revolution or any sort of revolt against the thieving, lying pack of vultures who have taken our money, yes, our money, because there are too many sellf-satisfied, smug bastards around who make the social welfare recipients feel that they are worthless, that their children are worthless, so the fight is knocked out of the poor bloody quick by their fellow brothers and sisters. Hah! And those who have managed to drag themselves out of the poverty trap do not want it ever known that they were ever in that placeI, and so unlike the rich, the poor do not stand together.

    Its interesting to see a Fine Gaeler leaping to the support of a Fiann Fáil budget, isn't it? Makes one wonder about who to vote for in the next G.E.


    God, I hate smug, snobby gits. I really do.
    All he said was that people should have learned by now that they shouldn't go to loan sharks. Thats sense not snobbery.

    I've f all money for Christmas this year but, I'll manage with what I have. Its NOT nice - no-one said it was but when the sh1t hits the fan, you just have to be practical. That goes double when you have children.

  9. #9
    Politics.ie Member Flimflam's Avatar
    Join Date
    Apr 2009
    Posts
    315
    Mentioned
    0 Post(s)

    Default

    Getting involved with loan sharks is a mad thing to do, even more so if you are using the money to buy luxuries. Parents just have to learn to say no to their kids. You hear this same thing every year at holy communion time, parents HAVING to go to moneylenders to pay for the dress, tiara etc. Being a parent is about being responsible and sometimes that involves making tough decisions. Going to a moneylender jeopardizes the safety of your entire family. What happens if you miss a couple of payments? What happens next Christmas when you're even poorer and still paying of this year's loan? Borrow more?

  10. #10
    Politics.ie Member sakhee's Avatar
    Join Date
    Aug 2006
    Posts
    453
    Mentioned
    0 Post(s)

    Default

    Genuis Lazarus.Right now I barely have two brass farthings to rub together and as I said it is highly unlikely I will be buying any presents at Christmas time.I suppose the fact that I don't want a handout that will further increase our national debt, that actually must be paid back, makes me uncaring.I have had plenty of times in my life that were extremely difficult financially but you know what: I did what I had to do to survive.That meant making sacrifices, denying myself purchases of anything over the basics.This is, I'm afraid, what people have to do.

    I don't like the fact that people are suffering because of the recession and suffering more because of elitist greed, corruption and now the third budget to hurt us.I don't like that I am struggling myself.I also am one of a few who despised earlier FF giveaway budgets which fuelled the spiralling cost of living which has us in the mess we are today.Sure enough the social welfare and other allowances were shockingly poor back in the 80's/90's but from the late nineties the increases were reckless and we now have a situation where the social welfare is too high and cannot be reduced significantly.*

    * By too high I am purely talking in face value terms rather than real value when factoring in the cost of living.If we were sensible mature people with a sensible mature Government our costs of living would not have spiralled, extra tax revenue could have been funnelled into making our services better as well as banking some of the excess.Instead we spend like crazy the second we get our greedy paws on the dollars and our Government are the same as they p-ssed away money on ensuring the property market spiralled out of control.Unfortunately this has all left us in a situation where all the money is gone, along with the means of creating more and people have to suffer for it.

    Now please give us your plan to keep public expenditure under control while at the same time giving everybody some seasonal assistance so they can purchase some more unnecessary Christmas presents.

Page 1 of 4 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •