Comments on: IRISH INDUSTRIAL WAGES, INFLATION, UNEMPLOYMENT AND HOUSE PRICES, 1978-2006

By: Public sector workers among world?s highest earners - Page 18

Public sector workers among world?s highest earners - Page 18 — Tue, 20 Jul 2010 12:40:32 +0000

[…] madness is a damned lie. The second line-graph in the short blog below bears that out. Dublin Opinion Blog Archive IRISH INDUSTRIAL WAGES, INFLATION, UNEMPLOYMENT AND HOUSE PRICES, 1978-2… […]

By: Patrick

Patrick — Tue, 15 Jun 2010 21:21:19 +0000

I’m not sure why your economy tanked, but here in the US it’s I think mostly due to companies offering balloon plans on everything, not just mortgages. The scitzo part of it is that they’re still doing it, there are still offers everywhere saying “Low introductery payments,” and then in fine print,”For six months, afterwhich payment increases by 300%.”
Hope the weather’s nice down there, soon in los angeles we’ll be dealing with 80F to 100F degrees:

By: Patrick

Patrick — Tue, 15 Jun 2010 21:08:45 +0000

Nash!

By: Donagh

Donagh — Fri, 11 Jun 2010 10:13:28 +0000

Prime Time people seemed to relish the opportunity of playing back the quotes from Hurley, Neary, Cowen and Lenihan talking about how well capitalised the banks were, how it was all down to Lehman Bros and how no one saw this coming, just before the Cowen interview.

But Cowen stuck fast and said that they’d made their decisions based on the best advice about how the economy was going to perform etc. It’s clear that they were only listening to stockbroking economists and that the Karl Whelan’s of this world were bristling at being ignored.

And when it comes to NAMA, they still are.

By: LeftAtTheCross

LeftAtTheCross — Fri, 11 Jun 2010 09:01:59 +0000

Great video clip. There’s something wonderfully undermining about the technology of the internet to provide such forceful reminders of the pure shite that was broadcast at us, dressed up as informed objective analysis, during those years of boom.