THE Ireland Thread (merged)

uNkNowN ElEmEnt · **Posted:** Thu Nov 06, 2008 12:16 am

topcat wrote:

You may have him.

Please pick him up as soon as possible.

Of come on, where's your sense of adventure?

RedStateGreen · **Posted:** Thu Nov 06, 2008 9:40 am

That's a cute video. :lol:

TheDude · **Posted:** Thu Nov 06, 2008 5:07 pm

Offaly good chune!

Some comics have suggested that Barack's spinal-cord-injury style of dance indicates his white ancestry dominates, the feet anyway.

AlexdeLarge · **Posted:** Thu Nov 06, 2008 8:42 pm

"This is one race of people for whom psychoanalysis is of no use whatsoever."
- Sigmund Freud (speaking about the Irish)

lys3rg0 · **Posted:** Thu Nov 06, 2008 8:54 pm

cbxer55 wrote:

When are you coming to pick him up?
I'll gladly pay the one-way ticket for both him
and his loser America hating wife.

There is no deadline on this offer.
But the sooner the better!

oh, the fun we'll have in the next 4 years trolling freepers :-D

Denny · **Posted:** Thu Nov 06, 2008 8:54 pm

He's one of the black Irish. He must some Irish in him to speak so eloquently.

eXpat · **Joined:** Thu Jun 08, 2006 12:00 am **Posts:** 1677

Ireland offers hand to crunch-hit banks

Quote:

Ireland's government has become the latest to offer support to its banks as the country's lenders seek to shore up capital depleted by the global financial crisis.

Irish Finance Minister Brian Lenihan said at the weekend that the government, through the national Pensions Reserve Fund or otherwise, may invest in its banks alongside other backers.

Lenihan, speaking after meeting executives from the country's six biggest lenders including Bank of ireland and Allied irish Banks, said he had not made any proposals on mergers between the lenders.

The irish Association of investment Managers, whose 12 members manage about £215 billion, said last week that it had approached Lenihan on behalf of a 'number of investment institutions' considering injecting money into four publicly traded lenders.

The dublin-based association has not identified the institutions.

While the government has guaranteed the deposits and borrowings of its six biggest lenders, it has so far stopped short of following other European states and investing in the banks.

link
When the next wave of bad news in the market comes, Ireland may be the next Iceland...

lateStarter · **Posted:** Wed Dec 03, 2008 11:29 am

Good catch eXpat! I always causes me to chuckle when I read posters bragging about their 'guaranteed' pensions and retirement funds. This charade of 'robbing Peter to pay Paul' will not end well...

I can just picture their exasperated faces... "But, we were told it was guaranteed!" Explanation: it is still guaranteed, but at the moment we are a bit short of funds. Please try again in 6 months.

On the other hand, the more I think about it, who better to shaft than a bunch of senior citizens (from the point of view of TPTB). What are they gonna do about it?

americandream · **Posted:** Wed Dec 03, 2008 1:00 pm

lateStarter wrote:

Good catch eXpat! I always causes me to chuckle when I read posters bragging about their 'guaranteed' pensions and retirement funds. This charade of 'robbing Peter to pay Paul' will not end well...

I can just picture their exasperated faces... "But, we were told it was guaranteed!" Explanation: it is still guaranteed, but at the moment we are a bit short of funds. Please try again in 6 months.

On the other hand, the more I think about it, who better to shaft than a bunch of senior citizens (from the point of view of TPTB). What are they gonna do about it?

How could they do that to those poor old people!

But dear, the gentlemans white and he's wearing an expensive suit and he's chauffeaur driven! He must be honest!

lol

Sixstrings · **Joined:** Tue Jul 08, 2008 12:00 am **Posts:** 1699

Quote:

Ireland's government has become the latest to offer support to its banks as the country's lenders seek to shore up capital depleted by the global financial crisis.

Irish Finance Minister Brian Lenihan said at the weekend that the government, through the national Pensions Reserve Fund or otherwise, may invest in its banks alongside other backers.

http://www.thisismoney.co.uk/news/artic ... topstories

This strikes me as "ok, I've given all I have, here's everything I ever will have."

eXpat · **Joined:** Thu Jun 08, 2006 12:00 am **Posts:** 1677

Argentina did it already, Ireland is thinking seriously about it, who will be the next? all that juicy funds can be used way better that giving it back to the people that fund it :twisted:

. As it has been said a lot of times here, get your own pension, where you can see it, and/or sit on top of it.

Denny · **Posted:** Wed Dec 03, 2008 8:01 pm

It is all so apparent that we are just talking about economic bits and bytes moving from one pocket to another that one has to ask what is the real significance of all this?

The world of fiat money is a maze, and in the end I can't fathom what store of value really exists. Can anybody? Even the likes of a Ben Bernanke or Henry Paulson or any of their fellow economic leaders. It all seems like a giant shell game, with the magician moving the balls from one cup to another.

PenultimateManStanding · **Posted:** Fri Jan 16, 2009 9:25 pm

What's the difference between Ireland and Iceland?

One letter and about six months.

Hiderow · **Posted:** Sat Jan 17, 2009 5:45 am

The sad thing is your probably right, this place is going downhill fast, at the rate were going, we'll be crying for an IMF bailout within weeks :cry:

This is about the best site around for issues on the irish economy, what's left of it anyway...http://www.thepropertypin.com

bratticus · **Posted:** Sun Jan 18, 2009 5:26 am

Quote:

Why the party's over in Ireland
With the nationalisation of Anglo Irish Bank, the republic is once again facing sober times. Richard Wachman and Henry McDonald look at how the Celtic Tiger earned its name - and ask if it can regain its roar

Richard Wachman and Henry McDonald
The Observer, Sunday 18 January 2009

... skip ...

So bad have things become that the Republic's third largest lender, Anglo Irish Bank, was nationalised last Thursday amid a crisis of confidence that saw large-scale depositor withdrawals. A day earlier, in an atmosphere described as febrile by analysts, the Irish government was forced to deny that it was seeking emergency help from the International Monetary Fund.

The deepening crisis in Ireland is underlined by the jobless numbers: unemployment is forecast to hit 400,000, or 11% of Ireland's four-million population, by the end of 2009.

... skip ...

The rot has set in remarkably quickly: it is hard to believe that unemployment was just 4% at the end of 2007, or that GDP growth could plunge to minus 4% in 2009 against growth of 6% two years ago. "We are facing extreme short-term difficulties," says Rossa White, chief economist of Davy, the Irish stockbroker.

... snip ...

Quote:

Ireland starts to see economic luck run out
THE LECKEY FILE

By Andrew Leckey
Tribune Media Services columnist
January 18, 2009

... snip ...

Dell Inc. recently announced it is moving its Irish manufacturing operations to Poland by early 2010, resulting in the loss of 1,900 jobs. The Irish government has taken a 75 percent stake in Anglo Irish Bank to safeguard deposits.

... snip ...

THE Ireland Thread (merged)

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