Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
18 November 2010
21:0580736i see that the nasty eu are bailing out the irish banks who borrowed to much and got them selfs in debt at no fault of the eu.
18 November 2010
22:1480742The incestuous EU relationships mean that there is little choice.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
19 November 2010
07:4980758bern,cant live with them,cant live without them either.
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
19 November 2010
08:1480761Yes once again its the Banks at fault...although just to be Devils Advocate here for a moment...when you think about it, werent they just loaning out large sums to all those poor sods who wanted homes of their own. Much as what happened in the US, though once the whiff of recession hit, people lost their jobs and obviously couldnt pay the loans back.
The banks stopped lending then immediately and all the builders stopped building as there was no money washing around the economy from the banks and as a consequence the modern era of the Irish ghost town was born. Buildings lie abandoned all over the place. Housing schemes, office blocks.
The Irish Government were first in Europe to guarantee all the loans outstanding to the banks. This has been a tall order and they were/are unable to deliver on this promise.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
19 November 2010
12:2080767yes paul your are right on that acount.but i have been saying that for over a week know.
Unregistered User
19 November 2010
20:4380821If you listen to the debate the Irish claim they don't presently need a bailout they can meet their debt repayments for early summer.
They are being forced into the package because of the run on the Euro and knock on affects on Greece[again], Portugal and Spain.
The Irish like us don't want the EU telling us how to control our interest rates and taxation decisions.
THEY REALISE THEY HAVE TO BE COMPETITIVE.
THAT'S THEIR DILEMMA.
Watty
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
19 November 2010
21:1280823there is a good reason why the irish do not want a bail out.
they offer a very low corporation tax to overseas companies that would invest there.
once the e.u. got control the germans in particular would put a stop to that.
19 November 2010
21:1680824So, it begs the question, what are the risks vs benefits of membership?
Unregistered User
19 November 2010
21:2180825Well rehearsed Bern.
That's why we are out.
The Irish were halfway there and are left in a "b---ers muddle".
Watty
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
19 November 2010
22:2780833actually we are not out, we are very much embroiled and all the indicators show that we will get ever deeper in.
Jan Higgins
- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,895
19 November 2010
23:0580835My possibly naive view is that unless employed by a company that trades with the EU we get very little out of being a member of the EU.
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I try to be neutral and polite but it is hard and getting even more difficult at times.
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Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
20 November 2010
02:0580843Membership of what, Bern, the e.u.? Or the euro? I've got a half notion that in Ireland there were dreams of attracting tourism, hence the many commenced houses that remained unfinished. A 2 week holiday for the family in the country-side. I guess many people who used to go on holiday can't afford it anymore anyhow. Once one immagined the e.u. being a place where people travelled far and wide and said: 'I live in many countries!'
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
20 November 2010
07:4280845the uk is in limbo zombie land,ireland are almost there but again the banks let them down again.lik wise the british banks along with a blind and deaf goverment.
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
20 November 2010
08:4880849I thought you were a supporter of Labour Brian ?
Sounds like a good description of their 13 years in Government - blind and deaf; there's a lot more words you could have used too.
Roger
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
20 November 2010
09:1280850Alexander the housing situation in Ireland wasnt anything to do with a tourism initiative. Tourism always been very healthy in Ireland. It was simply to meet the demand for new homes to match the fantastic increase in wealth of the individual citizen, all due to the EU. Make no mistake, Ireland was booming with monies aplenty. Everyone wanted houses. In Ireland they have a habit of building estates, relatively well to do estates, with relatively big houses and in green land areas as they have much more space there.
But then...
suddenly, the bubble burst a year or so back and kaputt ! Many of these estates partly built, are now relics of a suddenly bygone era. I use the word suddenly, and it really was sudden and thats what is causing real concern right across the EU. How you can go from boom to bust so damn quickly. Frightening.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
20 November 2010
11:0280858i saw a documentary a while back on these developments, very eerie to see these half finished estates.
the good times will eventually return, hopefully they will be completed and life breathed back into these estates.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
20 November 2010
16:1080871roger,wasnt just talking about labour the torys are just as bad if not the worst offenders going.
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
20 November 2010
16:1280872Not on money management Brian.
Roger
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
20 November 2010
16:1880873thats one of the problems roger,whatever party is in they shove money around then blame the other party for it.ita about time this goverment [con/lib] and labour got together and get them selfs into europe [that includes ditching the pound for the euro].i and many more people are fed up with goverment/s fannying around by sitting on the fence promiceing this that or the other.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
20 November 2010
16:2780882wouldn't be a clever idea brian, all the signs are that countries will go back to their own currency.
besides the euro is on the slide, our money would be worthless if we joined it.