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Thread: How do you feel about paying for your neighbours debt write-down?

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    Default How do you feel about paying for your neighbours debt write-down?

    How do you feel about paying for your neighbours debt write-down?

    The Corporate Borrowers have had their debt relief. Now the personal debt mountain is being tackled which will see debt write-downs for hundreds of thousands of borrowers.

    This "recapitalisation " of the banks is being funded by the taxpayer.

    Does anyone resent some one getting debt relief and getting to stay in their 3 million home?

    The banks are letting borrowers get away with not paying mortgages. Debt relief is some thing you take from the Banks as they have no appetite to repossess property!

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    I think it's the best idea ever. Better even than trifle.

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    Quote Originally Posted by ShoutingIsLeadership View Post
    I think it's the best idea ever. Better even than trifle.
    Would you like to see more debt written off?

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    After watching the billions being barrowed out of the country to pay off the unsecured loans (AKA gambling losses) there is little enough disgust left to express an opinion one way or another on this totally loaded question, but I d rather see people housed than homeless, wouldn't you?
    Once your ability to function within society depends on a government controlled ID card then you are no longer a free citizen.

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    Quote Originally Posted by IbrahaimMohamad View Post
    Would you like to see more debt written off?
    Half my mortgage, for starters

    I think whatever is going to happen, needs to hurry up and happen. This p1ssing about is helping nobody.

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    Politics.ie Member drummed's Avatar
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    I'd pay you to stop opening threads bob.
    Сохранить Украины

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    Politics.ie Member RobertW's Avatar
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    Quote Originally Posted by ShoutingIsLeadership View Post
    Half my mortgage, for starters

    I think whatever is going to happen, needs to hurry up and happen. This p1ssing about is helping nobody.
    It's a great idea until you realise . . . ."where's the money going to come from?"

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    Politics.ie Member drummed's Avatar
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    Analyzers response: Anglo/Seanie/Bondholders/Pravda/Media Manipulation/Gombeens, etc, etc.

    Thanks Analyzer.
    Сохранить Украины

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    Quote Originally Posted by ShoutingIsLeadership View Post
    Half my mortgage, for starters

    I think whatever is going to happen, needs to hurry up and happen. This p1ssing about is helping nobody.
    The big unanswered question is why are the banks doing nothing?

    And why is the regulator allowing this 'p1ssing about' to happen?

    It's at least possible that the banks are still fundamentally insolvent.

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    Quote Originally Posted by IbrahaimMohamad View Post
    How do you feel about paying for your neighbours debt write-down?

    The banks are letting borrowers get away with not paying mortgages. Debt relief is some thing you take from the Banks as they have no appetite to repossess property!
    The borrowers are letting banks and their government sponsors away with murder. The money lender on the back streets of Oliver Bond and Ballyfermot have more respect than the sharks pawning their wares in Leinster House or that concrete monstrosity on Dame Street.

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