In tears listening to the radio

Wheres Me Jumper?

homeless people must be part of the soft landing i suppose ...

Drifter50

VinLieger wrote: »

Its still their fault for choosing to take out a mortgage that late in life, the circumstances leading up to that decision do not negate the responsibility involved with making that decision


What on earth do you mean. How can it be someone`s FAULT that they took out a mortgage. Are you saying that no one over 40 should take out a mortgage should consider taking out a mortgage. I`m sure the lending institutions would be delighted to exclude all O40`s, would probably crucify the business.


If they are entirely unable to pay it, clearly they are responsible and have to work out a solution with some compassion from their lender. Being older or having issues does not negate anyone`s responsibilities.

myshirt

Allinall wrote: »

If we had more repossessions back in the day, we wouldn’t be in this mess now.

+ 1 Million

It is amazing the impact piss poor media analysis and economic analysis drive the misinformation of people. The problem is this stuff is boring, laborious, mostly complex, and as a result not well grasped in Ireland.

The same principle applies to the rent caps at the moment. All they do is protect the incumbents and transfer the cost to the rest of the market. Tere are a lot of mortgages that the Irish are paying on behalf of someone else. The same people who will shout banks banks banks are the people who also ask why can't we just print more money, give it to everyone, and we will all be rich, housed, and fed. It's a serious lack of understanding of how a financial system works.

facehugger99

myshirt wrote: »

+ 1 Million

It is amazing the impact piss poor media analysis and economic analysis drive the misinformation of people. The problem is this stuff is boring, laborious, mostly complex, and as a result not well grasped in Ireland.

Ignorance is part of the issue but there's also a worryingly large section of the Irish public that have been infantilised by the media and various political parties. Unwilling to accept any personal responsibility for their previous problems and buck-passing their current problems onto society to solve for them.

Hotblack Desiato

Drifter50 wrote: »

What on earth do you mean. How can it be someone`s FAULT that they took out a mortgage. Are you saying that no one over 40 should take out a mortgage should consider taking out a mortgage.

They need to take out a mortgage with a term that ends before retirement, because most people suffer a very large drop in income at 65. Yes, that means paying more per month.

Hotblack Desiato

facehugger99 wrote: »

Ignorance is part of the issue but there's also a worryingly large section of the Irish public that have been infantilised by the media and various political parties. Unwilling to accept any personal responsibility for their previous problems and buck-passing their current problems onto society to solve for them.

This is a favourite tactic of SF, PBP etc. but it's far from new, FF made great use of it for decades but even they didn't invent it, the Irish Party did - or maybe even Daniel O'Connell!


(1) - Get everyone interested in a desirable but lofty, almost unachievable goal (Repeal the Act of Union, revive the Irish language, Home Rule, 32 county republic, drain the Shannon, eradicate bovine TB, free gaffs for all!)

(2) - Make sure your goal will take decades to achieve, if it's possible at all

(3) - From outside government, shout loudly about how important your goal is, how easy it is to achieve, the government are useless, etc. etc.

(4) - You can make a nice career as an independent or small party just doing (3) forever.

(5) - If your party becomes big enough, you may have no choice but to enter government. Make sure you only make small steps towards your goal, while talking a good game, blame previous governments and opposition for the difficult circumstances you find yourself in, etc. While spending as much public money as possible (buying votes with public jobs doing little or nothing e.g. the Irish language industry) and enriching your cronies as much as you can get away with

(6) - Go to (3).


Where the Irish Party fecked up was getting Home Rule onto the law books (although suspended) as this immediately made them less relevant and the likes of SF could argue that it wasn't real independence etc. but when the goal was still off in the distance, pretty much everyone was on board with the Irish Party.

Deusexmachina

myshirt wrote: »

+ 1 Million

It is amazing the impact piss poor media analysis and economic analysis drive the misinformation of people. The problem is this stuff is boring, laborious, mostly complex, and as a result not well grasped in Ireland.

The same principle applies to the rent caps at the moment. All they do is protect the incumbents and transfer the cost to the rest of the market. Tere are a lot of mortgages that the Irish are paying on behalf of someone else. The same people who will shout banks banks banks are the people who also ask why can't we just print more money, give it to everyone, and we will all be rich, housed, and fed. It's a serious lack of understanding of how a financial system works.

- 2 million

Do you honestly think you are so much more intelligent than the average Irish person who is led astray by 'misinformation' and are suffering from a 'serious lack of understanding of how the financial system works'?

You may be overestimating your superior grasp of the situation?

The average Irish person does not believe we should 'just print more money'.

Think again.

Drifter50

facehugger99 wrote: »

Ignorance is part of the issue but there's also a worryingly large section of the Irish public that have been infantilised by the media and various political parties. Unwilling to accept any personal responsibility for their previous problems and buck-passing their current problems onto society to solve for them.

Perhaps you over estimate the intelligence of ordinary standard citizens. The older the population gets the ability of those people to understand the precarious nature of their lives becomes increasingly fraught and subject to fear. Some people react to such events in their lives as to bury their head in the sand, thats human nature

AlekSmart

Deusexmachina wrote: »

- 2 million

Do you honestly think you are so much more intelligent than the average Irish person who is led astray by 'misinformation' and are suffering from a 'serious lack of understanding of how the financial system works'?

You may be overestimating your superior grasp of the situation?

The average Irish person does not believe we should 'just print more money'.

Think again.

What ??? :eek:...more intelligent than Who ?

The "average" Irish person would rip your arm out of it's socket,to get at your freshly printed Airgead,as they rush to board their long overdue "Holiday Flight".... https://www.bbc.com/news/world-europe-45663321

facehugger99

Drifter50 wrote: »

Perhaps you over estimate the intelligence of ordinary standard citizens.

Believe me, I never do that.

Deusexmachina

Drifter50 wrote: »

Perhaps you over estimate the intelligence of ordinary standard citizens. The older the population gets the ability of those people to understand the precarious nature of their lives becomes increasingly fraught and subject to fear. Some people react to such events in their lives as to bury their head in the sand, thats human nature

Older people are ‘increasingly fraught and subject to fear’?
For your sake, I hope you never say that to my Dad, aged 78.
He’d kick your arrogant arse for you.