Posted in Economy, Fianna Fáil, Irish journalism, fuckwits, Banks, Irish Economy, Fine Gael, PDs, Greens, Politics on Nov 18th, 2008 1 Comment »
That was then…
Ireland’s decision to guarantee Irish banks’ deposits and debts for two years to calm investor concern could be followed by other countries. This may be a template for rescues elsewhere if Irish banks can replenish their capital base,” Harvinder Sian, a fixed-income strategist at Royal Bank of Scotland Group Plc in London said […]
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Short-sighted economic policy?
Property bubble burst?
Severe credit-crunch?
Erectile dysfunction?
If you are ticking all of the above boxes, (except maybe, ahem, the last one), then you’re probably in Ireland in 2008, or Sweden in 1992.
Sixteen years ago, Sweden was looking down the barrel of an insolvent gun. Its housing bubble had burst, resulting in a credit crunch […]
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Posted in Fianna Fáil, PDs on Sep 12th, 2008 1 Comment »
Full story here.
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€15.685 billion.
That’s how much Irish people have spent in the past two and a half years in buying houses and apartments so they can rent them out to others. It adds up to 60,277 units, with an average mortgage of €260,215 for each one. First-time-buyers spent €19.168 billion on mortgages over the same period, on […]
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Posted in Irish Economy, PDs, Media on Jul 13th, 2007 3 Comments »
I had an entirely different topic in mind to write about today, but WorldbyStorm’s comment on my Parlon Leaves, Collin’s Rewrites PD History post instigated a bit of research into the possible causes of Ireland’s ‘Celtic Tiger’ economy, and well, I hate to see good information gathering go to waste.
To recap, writing an […]
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In political Ireland we currently have the story that Tom Parlon is leaving the PDs, abandoning the presidency of the party, dashing all hopes that he would assume leadership – once the little matter of the leader being a sitting TD was changed in the PD constitution – and avoiding the responsibility of rebuilding the […]
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Yesterday’s debate between the leaders of the smaller parties on Primetime was hard to call. Clearly, there was no over all winner. The format itself seemed to act against it.
We, the electorate are supposed to consider a party worthy of our vote based on an undergraduate style tuss up, where each speaker was determined […]
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“My name is George. I’m unemployed and I live with my parents.â€
This quote is from The Opposite an episode of Seinfeld where George Costanza, the middle aged short man with a pudgy demeanor and frumpy dress sense, not a million miles from our beloved Taoiseach, realizes that every major decision he has ever made […]
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The issues which arose last Autumn and which have re-emerged now and the disparities in the accounts given then and now are primarily matters for the Taoiseach and his party to resolve.
It is for them to address this issues. And it is for us in the Progressive Democrats to insist that they do.”
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“I know your works: you are neither cold nor hot.
Would that you were cold or hot!
So, because you are lukewarm, and neither cold nor hot,
I will spew you out of my mouth.”
(Revelations, 3:15-16)
In Dante’s Inferno, at the threshold of Hell, lie abandoned the apathetic:- “That craven crew / Of angels who […]
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