Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Paypal to announce about new 1000 jobs?

  • 19-02-2012 12:05pm
    #1
    Closed Accounts Posts: 88,972 ✭✭✭✭


    A bit of good news (for Dublin one assumes) Paypal are being strongly rumoured for a big jobs announcement in the next week. Anyone at pp got any inside information?


«13

Comments

  • Registered Users, Registered Users 2 Posts: 4,728 ✭✭✭Villa05


    It would appear that Limerick lost out to Dundalk on these jobs from the Limerick thread http://www.boards.ie/vbulletin/showthread.php?p=75630691


  • Closed Accounts Posts: 5,219 ✭✭✭woodoo


    Hopefully its is true. Thats a lot of jobs.


  • Registered Users, Registered Users 2 Posts: 34,042 ✭✭✭✭NIMAN


    Thats great news.

    But Sky announced 800 recently and it was nothing but doom and gloom on here.

    I wonder why holes they will pick in these jobs?


  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭touts


    While great news if true the next local and general elections will be a bloodbath for Fine Gael and Labour in Limerick Clare and Tipp if that region is bypassed in favour of greater dublin for these jobs. The likes of Kieran O'Donnell and Tom Hayes are already facing an uphill struggle to be re-elected and this would finish their none too stellar political careers.


  • Registered Users, Registered Users 2 Posts: 8,284 ✭✭✭ongarite


    touts wrote: »
    While great news if true the next local and general elections will be a bloodbath for Fine Gael and Labour in Limerick Clare and Tipp if that region is bypassed in favour of greater dublin for these jobs. The likes of Kieran O'Donnell and Tom Hayes are already facing an uphill struggle to be re-elected and this would finish their none too stellar political careers.

    You cant force a company to setup where you want. Paypal looked at both locations and determined that Dundalk meet their buildings, infrastructure and future workforce needs.


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 1,588 ✭✭✭femur61


    touts wrote: »
    While great news if true the next local and general elections will be a bloodbath for Fine Gael and Labour in Limerick Clare and Tipp if that region is bypassed in favour of greater dublin for these jobs. The likes of Kieran O'Donnell and Tom Hayes are already facing an uphill struggle to be re-elected and this would finish their none too stellar political careers.

    Paypal are not going to be influenced by parish pump politics.


  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭touts


    ongarite wrote: »
    You cant force a company to setup where you want. Paypal looked at both locations and determined that Dundalk meet their buildings, infrastructure and future workforce needs.

    You can't force them but you can put the infrastructure (physical and financial) in place to encourage investment in a town/city. This is great news for Dundalk but it is yet another sign that the government are doing nothing to encourage investment in the Limerick region. This will play extremely badly in the Limerick Commuter belt (Limerick city and county, Clare, Tipperary, North Kerry, North Cork) and government TDs in these areas already look like losers come the next election.

    But fair play to Dundalk and the Greater Dublin Region. These jobs will do a lot of good up there.


  • Registered Users, Registered Users 2 Posts: 3,905 ✭✭✭yosser hughes


    Doesn't Willie O'Dea top the poll with two quotas down there every election?
    He was in government for how many years? What did he do for jobs in Limerick?


  • Closed Accounts Posts: 304 ✭✭Jaffusmaximus


    These will be be jobs for the North East Not for Dublin, I am from Dundalk and lost my job when BOSI pulled out, Vodafone are pulling out so are Diageo we are devasted for a town for our size. People come to Dundalk from Monaghan, Cavan and Meath and have been affected too.


  • Registered Users Posts: 2,909 ✭✭✭sarumite


    touts wrote: »
    You can't force them but you can put the infrastructure (physical and financial) in place to encourage investment in a town/city. This is great news for Dundalk but it is yet another sign that the government are doing nothing to encourage investment in the Limerick region. This will play extremely badly in the Limerick Commuter belt (Limerick city and county, Clare, Tipperary, North Kerry, North Cork) and government TDs in these areas already look like losers come the next election.

    But fair play to Dundalk and the Greater Dublin Region. These jobs will do a lot of good up there.

    According to todays indo, the state is subsidising the N18 tunnel in Limerick, with €4.45m spent in 2011. I am not saying that they couldn't do more, merely that it's not fair to say that they aren't doing anything


    http://www.independent.ie/national-news/state-pays-120000-a-week-to-subsidise-road-toll-operators-3024587.html


  • Advertisement
  • Registered Users Posts: 2,129 ✭✭✭Sesshoumaru


    This is great news! What's good for one part of the country is good for the whole of the country overall.


  • Registered Users, Registered Users 2 Posts: 3,699 ✭✭✭bamboozle


    femur61 wrote: »
    Paypal are not going to be influenced by parish pump politics.

    nor should they be, great news whereever these jobs land.


  • Registered Users, Registered Users 2 Posts: 800 ✭✭✭niallers1


    So where are those Jobs Going?

    Does anybody know for sure or is it all rumour abot Dundalk getting them

    Limerick/Mid west could do with the jobs after losing approx. 10,000 jobs when Dell ceased manufacturing there. (Direct Jobs and Indirect Jobs)


  • Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    NIMAN wrote: »
    I wonder why holes they will pick in these jobs?

    You'll need languages.

    http://www.independent.ie/business/irish/paypal-to-announce-creation-of-1000-call-centre-jobs-3024630.html
    PayPal will be looking for call centre workers with English and other languages to help customers with accounts, to check documentation from retailers from around the world who want to open accounts and to review transactions for suspicious activity.


  • Closed Accounts Posts: 10,272 ✭✭✭✭Max Power1


    mike65 wrote: »
    A bit of good news (for Dublin one assumes) Paypal are being strongly rumoured for a big jobs announcement in the next week. Anyone at pp got any inside information?
    Nothing confirmed to PP Staff either yet.

    However it is strongly rumoured that the new site will be in Dundalk.


  • Closed Accounts Posts: 12,395 ✭✭✭✭mikemac1


    The existing PP staff should be informed soon enough

    A lot of them might be able to apply for team leader and management jobs and deal with the new hires. Could be some good opportunities for those who are willing to move to Dundalk

    touts wrote: »
    While great news if true the next local and general elections will be a bloodbath for Fine Gael and Labour in Limerick Clare and Tipp if that region is bypassed in favour of greater dublin for these jobs.

    The North East have suffered too.
    There were hundred of redundancies from Xerox and the brewery and there were other companies too

    As for the Mid West have a read of the Nenagh Guardian
    New green energy firm with hopes for 80 jobs and that's not just a story, it's a joint venture with a German company.
    And a new medical technology firm which has started operations and hopes for two hundred staff over the next few years
    Both Irish startups, not multinationals

    A lot of that is lobbying too, Alan Kelly in Tipp and Jan O'Sullivan in Limerick trying to get the jobs in their area and arguing between themselves
    Alan Kelly has claimed credit for securing up to 200 hi-tech jobs for his hometown of Nenagh, Co Tipperary -- at the expense of the employment blackspot of Limerick.

    "It is great that they came to Nenagh because other agencies wanted them to go to Limerick," he told the 'Nenagh Guardian'.

    Masterful ;)


  • Closed Accounts Posts: 521 ✭✭✭Atilathehun


    We have turned the corner:cool:


  • Registered Users, Registered Users 2 Posts: 800 ✭✭✭niallers1


    mikemac1 wrote: »


    The North East have suffered too.
    There were hundred of redundancies from Xerox and the brewery and there were other companies too



    Has the N.East suffered the loss of Circa 10,000 jobs (Direct and indirect jobs) over the last 3 years. Limerick/Midwest didi when Dell up and went to Poland.

    http://www.rte.ie/news/2009/0108/dell.html


  • Banned (with Prison Access) Posts: 32,865 ✭✭✭✭MagicMarker


    Well it's PayPal so most of these jobs probably won't go to Irish people due to the likelihood of needing to be bilingual. Not that that's a bad thing or anything, but still.


  • Closed Accounts Posts: 3,461 ✭✭✭liammur


    Doesn't Willie O'Dea top the poll with two quotas down there every election?
    He was in government for how many years? What did he do for jobs in Limerick?


    This is true. Limerick has lost thousands of jobs, and got practically none in over the last 15 years. The city is in terminal decline.

    Munster rugby have done more for the region than the government over the last 15 years, and I would challenge anyone politician to prove this incorrect.


  • Advertisement
  • Posts: 0 [Deleted User]


    liammur wrote: »
    This is true. Limerick has lost thousands of jobs, and got practically none in over the last 15 years. The city is in terminal decline.

    Munster rugby have done more for the region than the government over the last 15 years, and I would challenge anyone politician to prove this incorrect.

    Why did people keep voting in Willie O Dea with massive quotas down there, Unions strife appears to be more embedded in that region shannon etc which is bound to put off large multinationals.


  • Closed Accounts Posts: 3,461 ✭✭✭liammur


    Why did people keep voting in Willie O Dea with massive quotas down there, Unions strife appears to be more embedded in that region shannon etc which is bound to put off large multinationals.


    Huge working class vote. They are moving people out of run down areas into middle class areas all over munster. That was always going to get you a few votes. FF style of running a region/country.


  • Registered Users, Registered Users 2 Posts: 800 ✭✭✭niallers1




  • Registered Users, Registered Users 2 Posts: 19,031 ✭✭✭✭murphaph




  • Closed Accounts Posts: 3,461 ✭✭✭liammur


    murphaph wrote: »
    It's Ireland ;)

    True, but if you are a small business owner on the verge of going bust, it's dundalk first and foremost.


  • Registered Users, Registered Users 2 Posts: 800 ✭✭✭niallers1


    murphaph wrote: »
    It's Ireland ;)

    Just about:)


  • Registered Users, Registered Users 2 Posts: 1,562 ✭✭✭Dymo


    According to the one of clock news

    Its 1000 jobs over 4 years
    At least 50% will need languages
    300 over by the end of this year.

    Although great for Dundalk it's not as if 1000 people more will be employed from the local area or even off the live register and who knows what's going to happen in the next 4 years.


  • Registered Users, Registered Users 2 Posts: 24,269 ✭✭✭✭Sleepy


    A lot of them will be graduate positions, great news for those doing sensible courses at the moment who'll be entering the workforce in the coming years.


  • Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    Sleepy wrote: »
    A lot of them will be graduate positions, great news for those doing sensible courses at the moment who'll be entering the workforce in the coming years.

    Whats sensible? Having a technical fluency in a foreign language?


  • Advertisement
  • Closed Accounts Posts: 21,727 ✭✭✭✭Godge


    Isn't this great news?


  • Registered Users, Registered Users 2 Posts: 24,269 ✭✭✭✭Sleepy


    gurramok wrote: »
    Whats sensible? Having a technical fluency in a foreign language?
    Foreign language / IT / Business as opposed to Womens Studies/ Irish / Basket Weaving / Media Studies etc.


  • Registered Users Posts: 5 susie99


    This is great news! Great to hear some large scale employment being created somewhere other than Dublin! I know Dublin has the highest population so makes sense that majority of jobs get created there, but still great to get this announcement for the NE region. Good for Louth, Meath, Cavan & Monaghan people. :D


  • Registered Users, Registered Users 2 Posts: 1,485 ✭✭✭omerin


    Great news for the area, wonder how many jobs will be created/retained in providing services and products when they are fully operational?


  • Registered Users, Registered Users 2 Posts: 8,284 ✭✭✭ongarite


    gurramok wrote: »
    Whats sensible? Having a technical fluency in a foreign language?
    Or maybe we could drop compulsory Irish down to an optional subject in school and suggest that a foreign language of students choice be taken up instead.

    But hey that would be too sensible a thing to do..


  • Registered Users, Registered Users 2 Posts: 7,476 ✭✭✭ardmacha


    Isn't this great news?

    No.
    1. This will confuse people who may think the country is not banjaxed as a result.
    2. More tax may mean that the PS don't get their deserved comeuppance.
    3. Half the jobs will be for foreigners, who speaks Turkish in Dundalk?
    4. Half the Irish jobs will go to Nordies, an inferior class of Irish person who are often despicable SF loving troglodytes.
    5. Half of the locals will vote for SF too.
    6. Half of the remaining jobs will go to Nerds. These are wierdos who studied maths and programming and things that real people shouldn't be expected to understand.


  • Advertisement
  • Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    ongarite wrote: »
    Or maybe we could drop compulsory Irish down to an optional subject in school and suggest that a foreign language of students choice be taken up instead.

    But hey that would be too sensible a thing to do..

    Just suggested by Matt Cooper on radio.


  • Closed Accounts Posts: 1,990 ✭✭✭JustAddWater


    ardmacha wrote: »
    No.
    1. This will confuse people who may think the country is banjaxed as a result.
    2. More tax may mean that the PS don't get their deserved comeuppance.
    3. Half the jobs will be for foreigners, who speaks Turkish in Dundalk?
    4. Half the Irish jobs will go to Nordies, an inferior class of Irish person who are often despicable SF loving troglodytes.
    5. Half of the locals will vote for SF too.
    6. Half of the remaining jobs will go to Nerds. These are wierdos who studied maths and programming and things that real people shouldn't be expected to understand.


    Did you know:
    1. This is not after hours. This will confuse people who may think the thread is not banjaxed as a result.
    2. More after hours comedy may mean that the Irish Economy forum don't get the jokes
    3. Half the thread will be foreigners bashing, who wants to listen to it?
    4. Half the Irish Economy forum will go to ape****, thread will be overrun by an inferior class of person who are often despicable troll loving troglodytes.
    5. Half of the locals will vote for trolls too.
    6. Half of the remaining people will go to know your Nerds. These are wierdos who studied maths and programming and people will generally be even more confused than they are already

    TL;DR

    After hours ->


  • Registered Users, Registered Users 2 Posts: 1,485 ✭✭✭omerin


    ardmacha wrote: »
    No.
    1. This will confuse people who may think the country is not banjaxed as a result.
    2. More tax may mean that the PS don't get their deserved comeuppance.
    3. Half the jobs will be for foreigners, who speaks Turkish in Dundalk?
    4. Half the Irish jobs will go to Nordies, an inferior class of Irish person who are often despicable SF loving troglodytes.
    5. Half of the locals will vote for SF too.
    6. Half of the remaining jobs will go to Nerds. These are wierdos who studied maths and programming and things that real people shouldn't be expected to understand.

    Just :rolleyes:

    These are 1000 new jobs that will not take from competitors in the area. What I mean to say is that 1000 new jobs have not been announced for the opening of a new shopping center or hotel, which in essence would result in localised competitors shedding jobs.


  • Closed Accounts Posts: 10,272 ✭✭✭✭Max Power1


    Max Power1 wrote: »
    Nothing confirmed to PP Staff either yet.

    However it is strongly rumoured that the new site will be in Dundalk.
    I read it on the RTE website before it was finally confirmed to staff today that the site was chosen as Dundalk.

    Good news for Ireland for a change. Cant help but think that the continued location of PayPal/eBay (including this new site) in Ireland is down to our low Corporation Tax rates.

    (Ill say it quietly, but its not our (ireland's) infrastructure etc that keeps MNCs here, thats for damn sure)


  • Registered Users, Registered Users 2 Posts: 7,476 ✭✭✭ardmacha


    Or maybe we could drop compulsory Irish down to an optional subject in school and suggest that a foreign language of students choice be taken up instead.

    So what percentage of French and German speaking jobs in the new facility, languages widely enough taught at present, will go to native Irish people with no connection to those places?


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 7,373 ✭✭✭Dr Galen


    Let me make this quite clear

    This is a Politics Sub-Forum, and as such, we expect a certain quality level when posting. A level that rules out silly name calling, and general messing.

    If you feel unable to post in this manner, then this isn't the forum for you

    Cheers

    DrG


  • Registered Users Posts: 2,774 ✭✭✭raymon


    According to Michael Martin on newstalk today , his FF government were responsible for the groundwork for these jobs.

    In my opinion this is more FF history rewriting.

    A representative from paypal today on the 9 o clock news confirmed that other locations in Europe were being looked at in the last few months.

    It takes FF to spoil a bit of great news for the country they bankrupted.


  • Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    ongarite wrote: »
    Or maybe we could drop compulsory Irish down to an optional subject in school and suggest that a foreign language of students choice be taken up instead.

    But hey that would be too sensible a thing to do..

    Irish is not the problem, its the way its taught. Plenty of students do know foreign languages(French, German, Spanish) on leaving school so the allocation of teaching time is not an issue. Problem is that they forget the language after a number of years not practicing them once they leave school\college.(myself being one)

    Anyway, half of the jobs require a foreign language though the spokesperson indicated training will be given. I don't know how you can teach fluency within a short space of time, thought that was the job of the education system over a number of years.
    Also, one can sincerely say the vast majority of the other language jobs will go to foreigners as those languages are not taught in Irish schools(Nordic, Dutch, Italian, Portuguese Flemish etc). Dutch is mentioned in the article, is this language taught at colleges anywhere here?

    http://www.independent.ie/business/irish/vote-of-confidence-to-clear-way-for-thousands-more-jobs-3026979.html
    Louise Phelan, vice president of PayPal's global operations in Europe, the Middle East and Africa, last night outlined how Ireland clinched the jobs.

    The educated and cosmopolitan workforce was a major factor for the company which praised the language skills of many Irish workers.

    "In the last two weeks and months I've been looking at a number of potential locations in Europe and Ireland," she said.

    "However, due to the rich talent and language skills of the workforce in Ireland, we decided that it was the best place where we wanted to do business.

    "It's a great day for Paypal and it's a great day for Ireland Inc."

    Ms Phelan carried out a thorough analysis of the linguistic abilities of potential candidates for the jobs based in the north-east region from Dublin to the North.

    "I did a very in-depth analysis on the language opportunities that are in Dundalk. That was the most important thing in terms of clinching the investment," she added.

    While some recruitment may be needed abroad, she found that speakers of the majority of languages the company needed -- including French, German, Spanish and Dutch -- could be found in this region.

    There are large buildings of 100,000sq ft lying empty in Dundalk, which can be used straight away, meaning the operation will be up and running from July.

    And the fact the new centre will be located just an hour's drive from the US company's base in Blanchardstown in Dublin helped seal the deal.

    The company can also avail of Ireland's low corporation tax rate as well as the IDA's financial support, which the investment agency would not disclose.

    It was confirmed that around half the jobs will be offered to candidates with a second language, but the posts are not just open to graduates.

    PayPal also encouraged those without languages and people on the dole to apply, as training will be given for some of the roles.

    Successful recruits will start work in a range of roles, including customer support, finance and sales.


  • Closed Accounts Posts: 9,193 ✭✭✭[Jackass]


    In response to Michael Martin looking for credit for this much needed job creation in Ireland, his previous Government (for over 10 years) took office when an influx of multi-national tech firms, along with others, were locating in Ireland. This was the major driving force behind the boom, as we reached full employment and had massive investment in Ireland from foreign companies.

    Now, what were the 3 major factors in this occuring?

    E.U. Membership, low corporation tax and the specialist task force, the IDA, which solicites foreign investment.

    Every single one of these initiatives were brough in under FG Government, and FF inherited a golden goose as a result of FG actions, and all they did was mismanage this for 10 years, whilst the massive wealth was pre-created for them, and now they try and take credit.....how, on earth, can they have any claim to this?

    The long lasting, major policy of FF was developing the IFSC (under Haughey) and making massive Irish Banking institutions, and failing to regulate them, bankrupt the country.

    Everything they touch, for years, is tainted in failure, and they got far too much credit for things that were not of their own making, and hopefully, now people will remember and never forget.

    As you may guess, I've never really liked FF, but they were slime balls during their last term, I never voted for them, and I think it's mad that Martin will try and take any credit for anything. Nothing positive came out of that Government, and yes some infrastructure etc. was put in place, but the amount of money they squanderd on Government projects and repeated faliures (Luas and Port Tunnell in Dublin some examples of how "good things" were such a mess to get done), an alternative Government would have, in my opinion, not only capatalised on our wealth a lot better, but I think if they were behind the wheel, and not facing a Government of unprecendented popularity, they could have regulated and controlled the Economy much better than what resulted in the crash.

    It's all well and good saying they didn't do enough in opisition, but Bertie and Co. could do no wrong in the opinion of the electorate, and they were decimated in the elections following any objections they did make...people didn't want to hear it...


  • Closed Accounts Posts: 3,461 ✭✭✭liammur


    [Jackass] wrote: »
    In response to Michael Martin looking for credit for this much needed job creation in Ireland, his previous Government (for over 10 years) took office when an influx of multi-national tech firms, along with others, were locating in Ireland. This was the major driving force behind the boom, as we reached full employment and had massive investment in Ireland from foreign companies.

    Now, what were the 3 major factors in this occuring?

    E.U. Membership, low corporation tax and the specialist task force, the IDA, which solicites foreign investment.

    Every single one of these initiatives were brough in under FG Government, and FF inherited a golden goose as a result of FG actions, and all they did was mismanage this for 10 years, whilst the massive wealth was pre-created for them, and now they try and take credit.....how, on earth, can they have any claim to this?

    The long lasting, major policy of FF was developing the IFSC (under Haughey) and making massive Irish Banking institutions, and failing to regulate them, bankrupt the country.

    Everything they touch, for years, is tainted in failure, and they got far too much credit for things that were not of their own making, and hopefully, now people will remember and never forget.

    As you may guess, I've never really liked FF, but they were slime balls during their last term, I never voted for them, and I think it's mad that Martin will try and take any credit for anything. Nothing positive came out of that Government, and yes some infrastructure etc. was put in place, but the amount of money they squanderd on Government projects and repeated faliures (Luas and Port Tunnell in Dublin some examples of how "good things" were such a mess to get done), an alternative Government would have, in my opinion, not only capatalised on our wealth a lot better, but I think if they were behind the wheel, and not facing a Government of unprecendented popularity, they could have regulated and controlled the Economy much better than what resulted in the crash.

    It's all well and good saying they didn't do enough in opisition, but Bertie and Co. could do no wrong in the opinion of the electorate, and they were decimated in the elections following any objections they did make...people didn't want to hear it...

    M Martin made willie o dea his shadow minister for trade and enterprise. O Dea hardly got a job into Limerick since 1997 - what an own goal.


  • Registered Users Posts: 2,774 ✭✭✭raymon


    If you really want to be disgusted ... here is the actual Michael Martin clip, (fast forward to 55 minutes)

    http://media.newstalk.ie/listenback/202/tuesday/1/popup

    It is really nauseating stuff from Fianna Fail


  • Closed Accounts Posts: 12,395 ✭✭✭✭mikemac1


    [Jackass] wrote: »


    Now, what were the 3 major factors in this occuring?

    E.U. Membership, low corporation tax and the specialist task force, the IDA, which solicites foreign investment.

    Every single one of these initiatives were brough in under FG Government,

    I don't know about the second two but Jack Lynch generally get the credit for leading Ireland into the EEC
    And that process was started the decade before by Lemass.
    [Jackass] wrote: »

    The long lasting, major policy of FF was developing the IFSC (under Haughey) and making massive Irish Banking institutions, and failing to regulate them, bankrupt the country.

    No arguments on the second part but how is the IFSC a failure? Maybe I'm misreading it here and you're not calling it a failure

    Taking a run down area and creating a college and battling places like Luxembourg for tens of thousands of new jobs is what I call a success.
    None of the major Irish banks had their HQ in the IFSC, it's pretty much all foreign companies in there. And many are just Irish branches, they are not regulated here. I know a few are regulated by the Dutch Central Bank


  • Closed Accounts Posts: 9,193 ✭✭✭[Jackass]


    mikemac1 wrote: »
    I don't know about the second two but Jack Lynch generally get the credit for leading Ireland into the EEC
    And that process was started the decade before by Lemass.



    No arguments on the second part but how is the IFSC a failure? Maybe I'm misreading it here and you're not calling it a failure

    Taking a run down area and creating a college and battling places like Luxembourg for tens of thousands of new jobs is what I call a success.
    None of the major Irish banks had their HQ in the IFSC, it's pretty much all foreign companies in there. And many are just Irish branches, they are not regulated here. I know a few are regulated by the Dutch Central Bank

    RE your first point, I think EU membership can't be taken solely credited to one Government, I accept that, but the main part of my point was that the previous FF Government had virtually nothing to do with the boom that arrived in Ireland, it was a pre-packaged decade of massive growth and wealth that landed on their lap and they completely wasted and mismanaged it, whilst taking credit for it, similar to how Martin is still trying to take some credit for something positive happening now, as though they deserved any credit in the first place...

    RE your second point, the IFSC is just representative of the massive growth of the Irish financial sector, started under Haughy, who of course in return received corrupt payments and loans from these banks he was doing favours for (is there anything else that motivates or is behind a FF party members decision making process?) and the FF relationship with banks continued into the previous Government, when they became the biggest corporations in Ireland, they were completed unregulated, even by a financial regulator who was a PR person rather than an industry watch dog (and having worked in financial institutions and having dealt with the regulator many many times during boom years, I can assure you that it was seen as an absolute joke, almost apologetic for involving it's self in banking affairs), and of course, this oversight, the one area where FF were the main driving force behind the development of an industry, was the giant partner in bankrupting the country, whilst in partnership with FFs other bunch of buddies, the construction sector, where as far back as you want to track, FF have several planning scandals with these developers.

    I guess I was just drawing reference to FF being a corrupt business mans club rather than a political party, and how cheeky it is for Martin to try and involve himself and his party in anything positive happening in this country right now.


  • Closed Accounts Posts: 10,910 ✭✭✭✭RoundyMooney


    For those who don't want to scroll through the Newstalk link.



  • Closed Accounts Posts: 3,461 ✭✭✭liammur


    Willie O Dea has stated that those paypal jobs should have gone to Limerick. This is the guy that failed to bring in 1 major employer into city or county during the entire celtic tiger.

    Hypocites.


  • Advertisement
Advertisement