€300M Investment into Waterford City

fricatus

Wanderer78 wrote: »

i hope hes considering the possible negatives of increasing financial services activities in the region!

You really mustn’t have a clue what you’re talking about. While I am happy to admit that there are huge downsides to the finance “industry” at the macro level, there are huge upsides to having companies with such operations in Waterford, and we have nothing like it since Citi pulled out. Contrast that with BNY Mellon in Wexford or State Street in Kilkenny and the number of high paying jobs that those companies provide. Each job there probably supports one other job in retail, hospitality, etc.

So please, tell us exactly what these negatives are. Specifically for Waterford now, not some general notions like inequality and wealth extraction. How exactly will Waterford suffer from having those jobs versus the status quo ante?

91wx763

In fairness @wanderer78 you are seriously misguided when established people call you out.

Wanderer78

Deiseen wrote:

Very very close to muting you Wanderer.

Work away, boards has provided us all with this option for our convenience, these kind of actions don't bother me at all, as my ego is well intact.

It's incredibly disturbing to see how many folks have forgotten events from only a few years ago, particularly the the damage the fire sectors (finance, insurance and real estate), and particularly in relation to their 'rent-seeking' activities. My knowledge of such issues comes from very respected commentators, acedemics, non acedemics, and even some central bank research, baring in mind, some of these commentators were in fact the very folk that were advised to 'commit suicide' during the previous boom, for their comments on the imminent crash, also baring in mind, some of these individuals are still highly respected and are in fact government advisor's, on a global scale. Even our own president follows some of these individuals work, only mentioning some in his recent OECD address, so yea, I'd say I'm probably onto something!

Be very careful what you wish for, we have a tendency to become starry eyed when the folks with the money turn up, particularly during dreadful times such as now, but always be on guard, because these folks are not charities! We need them, but we also need a fairer share of the wealth created from their activities, this tide is turning quickly. We re all watching, mostly in horror, of what's currently unfolding in the countries of our nearest neighbours, and I do believe those I follow, are in fact correct of why it's happening, and we re currently on a similar track!

So by all means mute me, you certainly have the right to, these acts don't bother me at all, but be aware, this is a public forum, we should all be able to voice our opinions, respectfully

Deiseen

Wanderer78 wrote: »

Work away, boards has provided us all with this option for our convenience, these kind of actions don't bother me at all, as my ego is well intact.

It's incredibly disturbing to see how many folks have forgotten events from only a few years ago, particularly the the damage the fire sectors (finance, insurance and real estate), and particularly in relation to their 'rent-seeking' activities. My knowledge of such issues comes from very respected commentators, acedemics, non acedemics, and even some central bank research, baring in mind, some of these commentators were in fact the very folk that were advised to 'commit suicide' during the previous boom, for their comments on the imminent crash, also baring in mind, some of these individuals are still highly respected and are in fact government advisor's, on a global scale. Even our own president follows some of these individuals work, only mentioning some in his recent OECD address, so yea, I'd say I'm probably onto something!

Be very careful what you wish for, we have a tendency to become starry eyed when the folks with the money turn up, particularly during dreadful times such as now, but always be on guard, because these folks are not charities! We need them, but we also need a fairer share of the wealth created from their activities, this tide is turning quickly. We re all watching, mostly in horror, of what's currently unfolding in the countries of our nearest neighbours, and I do believe those I follow, are in fact correct of why it's happening, and we re currently on a similar track!

So by all means mute me, you certainly have the right to, these acts don't bother me at all, but be aware, this is a public forum, we should all be able to voice our opinions, respectfully

You still don't get it.

This thread is about a development in Waterford, yet you relenlessly talk about changing the financial structure of the entire world.

Most peoplle agree with you on this, I agee! We are being absolutely screwed by the banks in Ireland and good luck findinf someone who doesnt agree on that.

But this is not the thread for it. The fact that you still don't get this is worrying.

Oscar Madison

All this is about as believable as Sancho signing for United this year!

Wanderer78

Deiseen wrote: »

You still don't get it.

This thread is about a development in Waterford, yet you relenlessly talk about changing the financial structure of the entire world.

Most peoplle agree with you on this, I agee! We are being absolutely screwed by the banks in Ireland and good luck findinf someone who doesnt agree on that.

But this is not the thread for it. The fact that you still don't get this is worrying.

people truly need to look into the world of financialisation, its written all over this project!

914

Wanderer78 wrote: »

people truly need to look into the world of financialisation, its written all over this project!

So we in Waterford should reject any of this. Then little old waterford will have shown the world that the financial institutions need to change.

They will all take note as Waterford stood up to them and will change their ways globally???

Wanderer78

914 wrote: »

So we in Waterford should reject any of this. Then little old waterford will have shown the world that the financial institutions need to change.

They will all take note as Waterford stood up to them and will change their ways globally???

of course not, thats a silly idea, this project is truly amazing, an amazing vision, i have to hand it to people such as rob cass, this could truly transform our region, but we need to dot our i's and cross our t's, in order to make it a true success for all, and potentially increase its longevity

BBM77

Wanderer78 wrote: »

of course not, thats a silly idea, this project is truly amazing, an amazing vision, i have to hand it to people such as rob cass, this could truly transform our region, but we need to dot our i's and cross our t's, in order to make it a true success for all, and potentially increase its longevity

Nothing is a success for all.

Wanderer78

BBM77 wrote: »

Nothing is a success for all.

...and why not, and should we just accept this, and try do nothing to try change it?

BBM77

Wanderer78 wrote: »

...and why not, and should we just accept this, and try do nothing to try change it?

Because that is life. Financial systems are human constructs. They are constructed by people who are by nature flawed. We are all short-sighted and selfish creatures. We are all beautifully flawed creatures but flawed none that less. You are showing a typical human flaw here. In spite of people saying they have nothing against you as such but are sick of seeing comments about economic theory unrelated to what the thread is about. But you still blindly persist in making them. That is a human flaw if there was ever one.

Wanderer78

BBM77 wrote: »

Because that is life. Financial systems are human constructs. They are constructed by people who are by nature flawed. We are all short-sighted and selfish creatures. We are all beautifully flawed creatures but flawed none that less. You are showing a typical human flaw here. In spite of people saying they have nothing against you as such but are sick of seeing comments about economic theory unrelated to what the thread is about. But you still blindly persist in making them. That is a human flaw if there was ever one.

not only are humans self interested, we also have a strong need and want for collective action, thatcher was in fact wrong, the mere existence of the idea of this project is a perfect example of this. my economic understandings are in fact real, and well researched by others. once again, this is a public forum, whereby all opinions should be respected, and carry equal right of expression, theres no superiority in understandings and beliefs, it is okay for us to agree to disagree

killbillvol2

Wanderer78 wrote: »

not only are humans self interested, we also have a strong need and want for collective action, thatcher was in fact wrong, the mere existence of the idea of this project is a perfect example of this. my economic understandings are in fact real, and well researched by others. once again, this is a public forum, whereby all opinions should be respected, and carry equal right of expression, theres no superiority in understandings and beliefs, it is okay for us to agree to disagree

It's all very well to follow respected commentators. It's another to have the intelligence to comprehend what they're saying and apply it to real life.

Wanderer78

killbillvol2 wrote: »

It's all very well to follow respected commentators. It's another to have the intelligence to comprehend what they're saying and apply it to real life.

these people are trying to do just that as we speak

BBM77

Wanderer78 wrote: »

not only are humans self interested, we also have a strong need and want for collective action, thatcher was in fact wrong, the mere existence of the idea of this project is a perfect example of this. my economic understandings are in fact real, and well researched by others. once again, this is a public forum, whereby all opinions should be respected, and carry equal right of expression, theres no superiority in understandings and beliefs, it is okay for us to agree to disagree

As others have said I know you are a decent person and not a troll. But...

The mere existence of the idea of this project is an example of why Thatcher was in fact wrong. What are you even talking about now?

Wanderer78

BBM77 wrote: »

Because that is life. Financial systems are human constructs. They are constructed by people who are by nature flawed. We are all short-sighted and selfish creatures. We are all beautifully flawed creatures but flawed none that less. You are showing a typical human flaw here. In spite of people saying they have nothing against you as such but are sick of seeing comments about economic theory unrelated to what the thread is about. But you still blindly persist in making them. That is a human flaw if there was ever one.

BBM77 wrote: »

As others have said I know you are a decent person and not a troll. But...

The mere existence of the idea of this project is an example of why Thatcher was in fact wrong. What are you even talking about now?

.....

Harry Palmr

Most of us would just like to "take the money". Christ an announcement would be very welcome to get us back on track. Heaven can wait.

vriesmays

Time to occupy the North Quays till it gets a mention in the capital budget.
Laughing stock.

curmudgeonly

vriesmays wrote: »

Time to occupy the North Quays till it gets a mention in the capital budget.
Laughing stock.

I sincerely hope you are being sarcastic?

smellyoldboot

Harry Palmr wrote: »

Christ an announcement would be very welcome to get us back on track.

I hereby announce I will provide €500M of funding towards this project to make sure it gets all the fancy doodahs it needs.

Will that do the job? I was at least AS sincere as a government minister to be fair.

Stopitwillya

Just watched dungarvan and west Waterford chamber of commerce webinar with Rob Cass. Was excellent. The way he answered the questions thrown at him about the project certainly would give me confidence. Some things I took from it are that govt have been very supportive and an announcement on funding due in the next two weeks, announcement on visitor center in the next week, the majority of the project is already financed and presold and that the rent of the retail units will be based on a percentage of turnover ad opposed to fixed figures on long term leases.

Wanderer78

Stopitwillya wrote:

Just watched dungarvan and west Waterford chamber of commerce webinar with Rob Cass. Was excellent. The way he answered the questions thrown at him about the project certainly would give me confidence. Some things I took from it are that govt have been very supportive and an announcement on funding due in the next two weeks, announcement on visitor center in the next week, the majority of the project is already financed and presold and that the rent of the retail units will be based on a percentage of turnover ad opposed to fixed figures on long term leases.

That available on the Internets?

Stopitwillya

Wanderer78 wrote: »

That available on the Internets?

On dungarvan and west Waterford chamber of commerce YouTube page.

Christy Browne

Stopitwillya wrote: »

On dungarvan and west Waterford chamber of commerce YouTube page.

https://m.youtube.com/watch?v=jcbBgXXoou4

vriesmays

What retail units are going in there, Brown Thomas or Oxfam?

Wanderer78

vriesmays wrote: »

What retail units are going in there, Brown Thomas or Oxfam?

fairly sure it all comes as a part of the package, they own retail brands

vriesmays

Cineworld closes yet the North Quays will have a cinema.

Wanderer78

astonishing vision, fair play to him, but same problems....

when you hear, 'rising tide.....'

JohnC.

vriesmays wrote: »

Cineworld closes yet the North Quays will have a cinema.

Cineworld closed temporarily and a new one on NQ won't be opening next week. People will be going back to cinemas.

mayordenis

Wanderer78 wrote: »

astonishing vision, fair play to him, but same problems....

when you hear, 'rising tide.....'

Yea its an over-used adage that's kind of lost all meaning. And it's relationship to trickle-down economics is fairly clear. But we should be looking to rise the tide and hopefully at the same time try to fix systemic but ultimately unrelated failures.