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Thread: The "Bailout" That Is In Actual Fact A High-Interest Loan, Not Free Money.

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    The "Bailout" That Is In Actual Fact A High-Interest Loan, Not Free Money.

    Grape-vine stuff, but i have heard rumours about the content of G20 meeting between the germans french, italians and brits relating to a bail-out, other forums are starting to discuss this..If true looks like the guys in the white coats are on the way, the Dept of Finance are paving the way for the IMF /EU structural fund to starting running the show...if true a damning indictment of the failure of our government and institutions in general.

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    BBC saying not until 2013 at any rate.

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    Quote Originally Posted by culloty82 View Post
    BBC saying not until 2013 at any rate.
    No it doesn't - 2013 relates to Bondholders not the Irish debt crisis..

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    Seasoned Pro OneRedArmy's Avatar
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    Bailout to me conveys the image of getting something for nothing.

    I'd say we'll pay a heavy price for any support.

    Unfortunately beggars can't be choosers, and as you say, its a damning indictment that we let ourselves get into this position.

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    Quote Originally Posted by Reality Bites View Post
    Grape-vine stuff, but i have heard rumours about the content of G20 meeting between the germans french, italians and brits relating to a bail-out, other forums are starting to discuss this..If true looks like the guys in the white coats are on the way, the Dept of Finance are paving the way for the IMF /EU structural fund to starting running the show...if true a damning indictment of the failure of our government and institutions in general.
    There was an ecofin meeting last night so there definitely wasn't a g20 meeting at the sme time
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    Quote Originally Posted by OneRedArmy View Post
    Bailout to me conveys the image of getting something for nothing.

    I'd say we'll pay a heavy price for any support.

    Unfortunately beggars can't be choosers, and as you say, its a damning indictment that we let ourselves get into this position.
    Depends on who the "we" are in that statement. Every single thing this shambles of a government has done hasn't worked.

    Listening to Lenihan on the News at One and he was his usually happy-go-lucky self. Apparently we can't keep looking to the past and we must show confidence to the world by passing the budget.
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    I really don't understand how the Government can continue trying to force through this 4 or 5 year plan budget when they clearly no longer have a mandate and even they must realise there is no chance they will be in power to implement it.

    It's so irrespossible it must be breaking some sort of wreckless endangerment law. They should have stepped aside, held a general election and allowed the newly elected Government put together a budget that can be implemented.

    Tallaght Stadium Regular

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    Quote Originally Posted by BonnieShels View Post
    Depends on who the "we" are in that statement. Every single thing this shambles of a government has done hasn't worked.

    Listening to Lenihan on the News at One and he was his usually happy-go-lucky self. Apparently we can't keep looking to the past and we must show confidence to the world by passing the budget.
    I don't accept that.

    Quote Originally Posted by passinginterest
    It's so irrespossible it must be breaking some sort of wreckless endangerment law. They should have stepped aside, held a general election and allowed the newly elected Government put together a budget that can be implemented
    The should be charged with treason. Constituency Interest - Party Interest - National Interest, in that order.
    If you attack me with stupidity, I'll be forced to defend myself with sarcasm.

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    But that's what happens in a regular democracy where the government is answerable to parliament. We can do jack-sh1t in this country unless cabinet say so. I've advocated a complete Dáil resignation of all opposition TDs at this stage. It's getting scary now. When you start to believe your own lies is one thing but when you start to change what others say and repeat it ad nauseam it becomes an almost unbelievable thing to listen to. I sat agog in the car at lunchtime and I will do the same thing listening to the last word later. A lot of us can't take it anymore and it must stop.

    Quote Originally Posted by Macy View Post
    I don't accept that.


    The should be charged with treason. Constituency Interest - Party Interest - National Interest, in that order.
    What don't you accept?

    You're completely right on your latter statement.

    This is a letter from the Irish Times that has always haunted me when I talk to Fianna Fáil supporters and it's stands to reason that this is what goes on in their heads:

    The Irish Times - Wednesday, January 23, 2008
    The view from Fianna Fáil

    Madam, - I don't often agree with Fintan O'Toole but he is dead right about Fianna Fail's twisted view of itself (Opinion, January 22nd).

    I was once asked by a Fianna Fáil friend, an intelligent and thoughtful person, to join the party. I refused, on the grounds that Fianna Fáil cannot distinguish between the national interest and the Fianna Fáil interest.
    "But surely," he said, genuinely and seriously, "they're the same thing." -
    Yours, etc,
    JOM, Stillorgan, Co Dublin.
    Last edited by dahamsta; 12/11/2010 at 5:23 PM.
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    Forget Six One, looks like the bailout is on after all.

    http://www.bbc.co.uk/news/business-11750676

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    Sh*t, might be an understatement.

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    Quote Originally Posted by passinginterest
    I really don't understand how the Government can continue trying to force through this 4 or 5 year plan budget when they clearly no longer have a mandate and even they must realise there is no chance they will be in power to implement it.

    It's so irrespossible it must be breaking some sort of wreckless endangerment law. They should have stepped aside, held a general election.
    Turkeys don't vote for Christmas when it comes to the Dail, and power is very difficult to give up, politics or not.

    The 4-year plan is optics for Brussels. It doesn't matter that FF won't implement it, and they don't care who does, as long as it is.
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    Better the EU than the IMF. Not a lot better though.

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    First things first... revolution then an eu bailout
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    So after Dermo and Batt categorically denying that there were talks the Dept of Finance has announced that there are indeed talks.

    http://www.rte.ie/news/2010/1115/economy.html

    FFS!
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    Quote Originally Posted by BonnieShels View Post
    So after Dermo and Batt categorically denying that there were talks the Dept of Finance has announced that there are indeed talks.

    http://www.rte.ie/news/2010/1115/economy.html

    FFS!
    The only quotes I read were categorical in stating explicitly that we weren't requesting assistance at this stage. Not hard to read between the lines that the EU called the meeting.

    Stupid, but not surprising, if some FFers denied the meetings were taking place. A lot of ostrich behaviour going on.

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    Biased against YOUR club pineapple stu's Avatar
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    It's like the country's being run by a crowd of League of Ireland fans.

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    Quote Originally Posted by pineapple stu View Post
    It's like the country's being run by a crowd of League of Ireland fans.
    Nope. It's like the country is being run by a crowd of League of Ireland clubs.
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    No, worse still, it's being run by the FAI! Now how scary is that....

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    Quote Originally Posted by Spudulika View Post
    No, worse still, it's being run by the FAI! Now how scary is that....
    The FAI are just the sporting wing of FF. Plus ca change....

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