You are not a f*cking DJ. You’re an overpaid, untalented, cake-throwing c*nt.

Android 666

Is mise le key wrote: »

On what?? Rave music or protesting:D

Same thing aren't they?

Is mise le key

jtsuited wrote: »

The fact is, they can't let us go broke as long as we're in the Euro.

I think it's time to stop thinking of the ethics of this all, but of the end result.
.

Well just maybe the answer was in your post, why not Default completely & go broke??

The fact that the its all based on a promissory system which isnt backed up by anything of actual value means that the promisee really stands to lose nothing, this is why if we are logical we should be pressurising the debt to the banks bond holders down to feck all, if anything at all & we should start again with tight reigns over this unbridled use of credit that is unsustainable & should now be written off.

Android 666

jtsuited

joker77 wrote: »

I understand your points, I'm just very reluctant about anything to do with the IMF. The people of Greece still haven't seen what their Government signed up to, we won't be any different.

Completely understand the paranoia about the IMF. 9 years ago, the IMF and World Bank were two organisations I used as my main premise in proving how fcuked up globalist capitalism is. And tbh, my opinion has not changed one iota.

However, the one thing you do realise over time about these massive organisations is they only care about profit. Nothing else. They'll install military dicatatorships (look at the history of central and south America for some shining examples) just to get their money back.

They might talk about how their goal is global financial stability, but essentially they're loan sharks who profiteer on governments going broke.

But here's the thing, with their deal with the EU, they'd stand to lose everything if the euro collapsed. As would the EU obviously. So in this way, we've managed to make our state's profitablility one of the main goals of both the EU and the IMF. Not too bad a situation considering both of them couldn't give a sh1t what has to be done in order to do that.

It's a better situation than a hundred and something parish pumpers trying to run a country, but primarily focusing on getting their parishioners medical cards, getting a ring road built, and having a garda escort for the winners of the under 12 county final.
Because that's what politics is in this country.

jtsuited

Is mise le key wrote: »

Well just maybe the answer was in your post, why not Default completely & go broke??

The fact that the its all based on a promissory system which isnt backed up by anything of actual value means that the promisee really stands to lose nothing, this is why if we are logical we should be pressurising the debt to the banks bond holders down to feck all, if anything at all & we should start again with tight reigns over this unbridled use of credit that is unsustainable & should now be written off.

I've read some very good articles in support of defaulting, however the one thing that is clearly lost on them is that Ireland is an export driven economy. And if we default that's fcuked, because we won't be able to borrow whatsoever and the capital's not there for us to do it without credit.

BaZmO*

That's the thing I don't understand, why can't we just say "Fvck you investors, we're broke, you're not getting the money now!" ??

As Mise has already pointed out, they speculated and they lost on their gamble, why are they being Bailed Out by the Irish public? Home owners aren't being Bailed Out on their speculation.

The other scary thing is that they are saying that the Speculators are now going after Portugal. FFS! How is this being allowed to happen?! It's like a big bad fvcking wolf at the door at any weak countries. As soon as one country battons down the hatches, Knock Fvking Knock on the door of the next!

jtsuited

Is mise le key wrote: »

Well just maybe the answer was in your post, why not Default completely & go broke??

The fact that the its all based on a promissory system which isnt backed up by anything of actual value means that the promisee really stands to lose nothing, this is why if we are logical we should be pressurising the debt to the banks bond holders down to feck all, if anything at all & we should start again with tight reigns over this unbridled use of credit that is unsustainable & should now be written off.

also i'm fairly sure we could get the boot from the EU if that happens. Not good. Not good at all.

jtsuited

BaZmO* wrote: »

That's the thing I don't understand, why can't we just say "Fvck you investors, we're broke, you're not getting the money now!" ??

tbh, the banks should have been allowed to go bankrupt, and all the developers with them. Then we start again. Unfortunately we can't run as a country without borrowing from other countries so it could have been a major problem if all credit was crunched on us.

Is mise le key

jtsuited wrote: »

I've read some very good articles in support of defaulting, however the one thing that is clearly lost on them is that Ireland is an export driven economy. And if we default that's fcuked, because we won't be able to borrow whatsoever and the capital's not there for us to do it without credit.

jtsuited wrote: »

tbh, the banks should have been allowed to go bankrupt, and all the developers with them. Then we start again. Unfortunately we can't run as a country without borrowing from other countries so it could have been a major problem if all credit was crunched on us.

You seem to be getting at what i am advocating but are hesitant only because of the lack of funding, do you really beleive that if we defaulted on the credit we owe that we would never be funded again?

There is more lenders that would fund us in the future if we got back to square one you can be assured of that, where does all the real wealth lie in the world ??? (i am posing a rhetorical question here)

stomprockin

Some scary figures been mentioned on prime time last night.

If we accept the bailout or if it happens it will cost every house hold 5 thousand euro's every year for 20 years:eek:

jtsuited

Is mise le key wrote: »

You seem to be getting at what i am advocating but are hesitant only because of the lack of funding, do you really beleive that if we defaulted on the credit we owe that we would never be funded again?

There is more lenders that would fund us in the future if we got back to square one you can be assured of that, where does all the real wealth lie in the world ??? (i am posing a rhetorical question here)

the jews (rhetorical answer):D

jtsuited

stomprockin wrote: »

Some scary figures been mentioned on prime time last night.

If we accept the bailout or if it happens it will cost every house hold 5 thousand euro's every year for 20 years:eek:

yeah but sure those types of figures are pure tabloid type bungling of statistics to make every one go oooooohhhhh noooooooo!

When Mc Greevy got 8 billion punts in EU grants in the 90s they tried to spin it in a similar way saying every household in the country was getting a few thousand over 10 years or something.

stomprockin

jtsuited wrote: »

yeah but sure those types of figures are pure tabloid type bungling of statistics to make every one go oooooohhhhh noooooooo!

When Mc Greevy got 8 billion punts in EU grants in the 90s they tried to spin it in a similar way saying every household in the country was getting a few thousand over 10 years or something.

But we are still going to have to pay it back to Europe + interest.

jtsuited

stomprockin wrote: »

But we are still going to have to pay it back to Europe + interest.

no but my point is that breaking down the national debt in terms of how much every household has to pay back is a bit irrelevant. Your taxes pay for loads of stuff that would make your head spin.

Is mise le key

jtsuited wrote: »

Your taxes pay for loads of stuff that would make your head spin.

€85,000,000,000 is making my head spin, & as paddy pointed out + Interest!!!!

I mean how can you say its irrelevant that we are to borrow more prommisory credit to cover the losses of the capitalists.

Its a fuc.king con job, capitalism has a cycle and when its bust the private companies most embroiled in it lose, but not in the present day, the nation state & its people are recognised by the ellite as the greatest source of continued revenue once bonded & tied into the debts of its failed capitalist banks for generations.

Henry ford said,

If the people understood how the banking system worked i am sure there would be a revoltuion in the morning,

Mayer Amschel Rothschild said,

The few who understand the system (Banking),
will either be so interested in its profits or be so dependant on its favors,
That there will be no opposition from the calss.

These observations are beginning to become obsolete with time as the greatest con is slowly becoming common knowledge to the people it exploits.

ianuss

jtsuited wrote: »

I've read some very good articles in support of defaulting, however the one thing that is clearly lost on them is that Ireland is an export driven economy. And if we default that's fcuked, because we won't be able to borrow whatsoever and the capital's not there for us to do it without credit.

? It's a services economy. 2/3 of GDP comes from services sector.

BaZmO*

ianuss wrote: »

? It's a services economy. 2/3 of GDP comes from services sector.

Are those figures taken from 2007? If so, would the figures not be skewed by the Building sector?


Anyhoo, on a positive note, Aquarius have fixed my 1210 and I pick it up today. Only cost €45 too, which is brilliant cos I expected it to be much more. Although, it does make me think that it was probably only a blown fuse now. But either way, at least it's fixed.

Is mise le key

BaZmO* wrote: »

Are those figures taken from 2007? If so, would the figures not be skewed by the Building sector?


Anyhoo, on a positive note, Aquarius have fixed my 1210 and I pick it up today. Only cost €45 too, which is brilliant cos I expected it to be much more. Although, it does make me think that it was probably only a blown fuse now. But either way, at least it's fixed.

Ahh that would kill me, if you opened her up & located the burned out fuse you can fix it with a few strands of copper wire from inside a standard elctrical flex & a drop of solder going between each terminal of the fuse holder.......i have done it a few times on different things & it costs you nothing (once you have invested in a soldering iron that is)

ianuss

BaZmO* wrote: »

Are those figures taken from 2007? If so, would the figures not be skewed by the Building sector?

2009 figures http://www.cso.ie/releasespublications/documents/economy/current/nie.pdf

AFAIK, Germany is one of the few export driven EU countries.

ianuss

Irish bank shares are taking an absolute hammering this morning, especially BOI. I wouldn't be surprised if one of AIB and BOI falls.

BaZmO*

Is mise le key wrote: »

Ahh that would kill me, if you opened her up & located the burned out fuse you can fix it with a few strands of copper wire from inside a standard elctrical flex & a drop of solder going between each terminal of the fuse holder.......i have done it a few times on different things & it costs you nothing (once you have invested in a soldering iron that is)

Ah I opened it up and put a continuity tester on the two internal fuses and they seemed to be fine and the wire. It's just that I had thought it would have cost more to fix.

I'd never do the copper wire trick to bridge a connection though. It's extremely dangerous, and there's a reason why fuses are there in the first place. Plus, they only cost a couple of quid to replace.

ianuss wrote: »

2009 figures http://www.cso.ie/releasespublications/documents/economy/current/nie.pdf

AFAIK, Germany is one of the few export driven EU countries.

Oh ok, fair enough.

On the Germany thing, apparently in spite of all it's moaning, due to Germany's export driven economy, it actually gains the most from the common currency due to the fact that it artificially keeps the value of the Euro down.

es-cee

stomprockin wrote: »

So who is going in on Saturday ?

most likely gonna head in meself anyway, hope we get a good turnout.

ianuss

BaZmO* wrote: »

On the Germany thing, apparently in spite of all it's moaning, due to Germany's export driven economy, it actually gains the most from the common currency due to the fact that it artificially keeps the value of the Euro down.

Of course. Although countries aren't allowed to artificially manipulate the value of their currency, most of the major economies do it, particularly, the US & China.

This is an excellent blog if you've an interest in global economics. If you sign-up you get a daily newsletter which covers lots of aspects from trading tips, write-ups on emerging markets, market sentiment etc http://www.moneyandmarkets.com/

Is mise le key

BaZmO* wrote: »

I'd never do the copper wire trick to bridge a connection though. It's extremely dangerous, and there's a reason why fuses are there in the first place. Plus, they only cost a couple of quid to replace.
.

Nope, its not danngerous really, the internals of the fuse has a certain width copper wire that will pop if it receives a surge, all you are looking for is a few strands that are no bigger than the wire in the fuse & it performs the same function. Not being miserable, just it saves time having to go out & buy a fuse in the hardware.

joker77

Is mise le key wrote: »

Nope, its not danngerous really, the internals of the fuse has a certain width copper wire that will pop if it receives a surge, all you are looking for is a few strands that are no bigger than the wire in the fuse & it performs the same function. Not being miserable, just it saves time having to go out & buy a fuse in the hardware.

ha ha - what did you say you worked at again Is Mise?

BaZmO*

Is mise le key wrote: »

Nope, its not danngerous really, the internals of the fuse has a certain width copper wire that will pop if it receives a surge, all you are looking for is a few strands that are no bigger than the wire in the fuse & it performs the same function. Not being miserable, just it saves time having to go out & buy a fuse in the hardware.

Ah I know how to do it, but you would have to make sure you use the right gauge of wire for it to work properly. It's just something I wouldn't do.

Is mise le key

joker77 wrote: »

ha ha - what did you say you worked at again Is Mise?

Offficialy, Health & Safety Mgr.

But outside of work i build & repair all my own electrical stuff & audio visual systems.

joker77

Is mise le key wrote: »

Offficialy, Health & Safety Mgr.

But outside of work i build & repair all my own electrical stuff & audio visual systems.

Yea I knew - just pulling your leg seeing you said it's not dangerous really

Is mise le key

joker77 wrote: »

Yea I knew - just pulling your leg seeing you said it's not dangerous really

Nice one, outside of work i can be as reckless as i want:D

es-cee

Is mise le key wrote: »

Offficialy, Health & Safety Mgr.

But outside of work i build & repair all my own electrical stuff & audio visual systems.

will keep you in mind for some stuff i want done after crimbo so:)