Ireland
 

so, WE have to borrow more at punishing rates to support Ireland...

err, they signed up for the euro so why?

Should we not include any interest in the amount they borrow?

we export 7% of stuff to them, is that really a reason anymore?

Re: Ireland
 

Why can't they borrow it themselves like we had to?

Re: Ireland
 

'cause they are broke:confused: ... and probably drunk;)

Re: Ireland
 

They are doing - Off us.:mad:

Re: Ireland
 

iv already sent help i dont see why they still need more :confused:

http://www.sogoodblog.com/wp-content...8/potatoes.jpg

Re: Ireland
 

Not enough eyes in them to see them through the winter.:D

Re: Ireland
 

They've already forgot where they put um:D

Re: Ireland
 

I read somewhere by coincidence it would seem that Britain's contribution to the bail out will be 7 billion. Which is the same as the amount of cuts the Tories have made this year.

Re: Ireland
 

Couldn't the Irish just borrow it off the mob we're borrowing from...cut out the middle man, so to speak?

Re: Ireland
 

Can't see the problem myself. We give our money away to every other country on the planet, don't see why the Irish should be any different

Re: Ireland
 

Overseas aid budget up by 37%, our contribution to the EU is up by 2.9%, £7 billion poured into the failing Irish economy in order to prop the Euro up. Still, we can afford it!

Re: Ireland
 

Of course not, The Euro isn't 18 yet so to get a loan it needs a Guarantor.
:rolleyes:

Re: Ireland
 

Well having read the ins and outs of this deal, can't see any rhyme or reason why the hell we're doing it myself, just another of the thinks I don't see eye to eye with Westminster

Re: Ireland
 

Interesing that the Chancellor George Osborne is an heir to a Baronetcy in Ballentaylor in the County of Tipperary in Ireland and also a Baronetcy in Ballylemon in the County of Wexford in Ireland.


I am sure in sending this money he is acting in the best intersts of the UK economy and that neither of these influenced his decision to send billions of pounds over the Irish Sea to rescue Ireland. :rolleyes::rolleyes:

Re: Ireland
 

I thought that the Irish Peerage ended with the birth of the republic?

Re: Ireland
 

Apparently, new Irish Peerages are no longer created, and have not been since 1898. Although they still exist and even those in the republic still come under the jurisdiction of the British crown. Apparently they were created as a way of enobling people without giving them the right to sit in the House of Lords, so they could instead take up seat in the Commons, eg the Duke of Wellington and Clive of India.

Re: Ireland
 

We should heighten Hadrian's Wall, dig Offa's Dyke deeper and fortify our West coast. About time we got rid of these leeches of the English economy.
Let them survive on their own - and export all the natives of those countries back to where they originate from

Re: Ireland
 

P.S. I remember the IRA atrocities.

Re: Ireland
 

It appears that Georgie Boy ain't as reckless as I first thought, it appears that the Royal Bank of Scotland of which 80% is owned by the British tax payer, plus other companies have literally billions of pound invest in the Irish Banks, if they went tits up it would create havoc with the UK economy

Re: Ireland
 

thanks ....

Re: Ireland
 

Think mi granddad Bill Slatery will be turning in his grave;)

Re: Ireland
 

It's interesting that the Tories who in opposition wouldn't support bailing out British banks,are now more than happy to support bailing out Irish banks.

It's also interesting to note that for a country that's supposed to be skint, and yet can suddenly find 7 Billion to support foreign banks.

Re: Ireland
 

If the costs for min wage n unemployment benefits are owt to go on then no wonder they are skint. That is without an influx of 2 legged odds n sods as well.

Re: Ireland
 

When a bank owned by the Taxpayer has all its asset sunk in Irish banks makes perfectly good sense to me, if the Irish go tits up so does RBS and all the money used by Brown to shore it up, but common sense was never your strong suit was Bernard;)

Re: Ireland
 

The Royal Bank of Scotland has interests in most countries in the European Union To suggest that it has all it's assets in Ireland is ridiculous.Why would it have?

Re: Ireland
 

Was listening to one of Britain's top economist at lunchtime and it was he who said where RBS had all their dosh, plus many many more companies and organisations

Re: Ireland
 

I would appear that we have been listening to different economist. But as they say put two economists in a room and you will get two different opinions.

Re: Ireland
 

But as stated elsewhere, the Country is getting hammered from all sides in an effort to save spending, Defence, Health & Welfare are having the screws turned ever tighter & yet they can find the cash to support foreign aid & Ireland in a bail out ! Incredulous, if the money's there it should be used to sort our own out first & foremost.

No, it seems that the present coalition isn't doing itself any favours here & carrying on as they are, it won't be long before they are regarded by those who supported them initially with the same derision & contempt as Labour was towards its last few years in power.

Something is drastically wrong with this system.

Re: Ireland
 

I listen to Radio 4 (cos I hate TV) and after 10 pm the politicians and other learned scholars had a debate on the Irish predicament.

They must have been listening to jaysay because that is more or less what was said.
They have got us by the short and curlies to put it bluntly. I am off to the barbers (lady preferred).

Re: Ireland
 

so this means gordon brown was right to pump money into the british economy and the tories who are saying labour bankrupt britain are wrong because it was a global recession hey ye i was right all along;):hothothot

Re: Ireland
 

There are major British investments in Ireland. Corporation Tax is low in Ireland. But is that is a justifiable reason for handing over 7 billion pounds of taxpayers money.

What happens also if other Eurozone countries go the same way as Ireland. Do we bail them out as well.

Re: Ireland
 

Of course Brown was right and the tories knew it..no government can stand back and let the life savings of British people go by the wayside..but now it seems this government are more interested in funding Irish banks.

Re: Ireland
 

Well that just about sums it up.. how stupid could we be to even ask questions on cuts in this country while giving loans to Ireland?.. the tory tea bloke tells us George Osbourne is some sort of shrewd player.. and this goverment are doing the right thing...:rolleyes:

Re: Ireland
 

George Osborne - Wikipedia, the free encyclopedia
extract-
Each year between 2006 and 2009, Osborne attended the annual Bilderberg Conference, a meeting of influential people in business, finance and politics

At these secret annual gatherings our future is planned - undemocratically
BBC NEWS | UK | Magazine | Bilderberg: The ultimate conspiracy theory
extract-
"Shouldn't we expect that the rich and powerful organise things in their own interests. It's called capitalism."

Re: Ireland
 

According to BBC News, we are lending Ireland 7 billion at 5% and borrowing it at 1 1/2%. So we make 25 million per year as long as it remains unpaid.

It doesn't mention any payment protection insurance, though. So if it goes unpaid, we will have no comeback, other than taking Ireland to court and getting a county court judgement.

And they will probably be told to pay it back at a pound a week. :(

Re: Ireland
 

By loaning £7 Billion you in fact saves British investment of £100s of billions seems to make sense to people who haven't an axe to grind with the Government or more likely the Tories

Re: Ireland
 

OK.. and that makes sense to us numbskulls who don't know whats going on.. some bloke on telly told you it's all good business and you feel the need to proclaim his views on here.. well bless us all.

Re: Ireland
 

Well its a sight better than your drunken prattling:p

Re: Ireland
 

put the kettle on..:D

Re: Ireland
 

Sir William Harcourt , the Liberal Chancellor of the Exchequer , said in 1894 : " We are all socialists now " .

Today it seems that we are all capitalists now , global capitalists at that .

Even China is included, even though it is still labelled as a Communist state . Why I don't know . Granted it is still totalitarian , but the gap between the rich and poor is growing , and its economy is going at break-neck speed down the capitalist road .

As someone has said : " We are all in it together ."

Re: Ireland
 

And we are "all equal in the eyes of god".. problem is some of us are more "in this" than the tory billionares ..and it don't look to equal when it comes to cutting social housing when the people ruling have got many homes to choose from.

Re: Ireland
 

Ya have a word with Jack Straw and Michael Meacher:p

Re: Ireland
 

Maybe.. next time you doff your hat at your lord and master.. put a word in for me.:rolleyes:

Re: Ireland
 

Have only just started wearing a hat (over the last three weeks) and unlike you I've never had a lord and master, we only had equals in Hyndburn Tory Ass. even when I was an Executive Office.;)

Re: Ireland
 

What you lot got up to in the "Executive Office" is of no concern to me.. but I reckon you could have let the electorate know about it.

Re: Ireland
 

Not one to pry but did you get paid for the work you did not do? .. if so were did the money come from to pay you?.. from tory head office?.. and please God don't tell me some idiots elected you...lots of questions to get your head round but I'm sure you can get back with the answers.. remember a week is a long time in politics :rolleyes:

Re: Ireland
 

What happens when there is no one left to do the bailing:confused:

Re: Ireland
 

There will always be someone left to bail out the banks and governemnts... they are commonly known as hard working skilled low paid workers.. when the axe falls they take it for the boys from Eton/Harvard or whatever silver spoon bum boys yard there happens to be in any country :)

Re: Ireland
 

I get your point; but, I was thinking more in terms of countries. If it comes to the point that the only country in the EU rich enough to bail out another lame duck is Germany; what happens then? Do we have a Fourth Reich? Or does the EU implode, and everything gets back to whatever passes for normal?

Re: Ireland
 

And there are bailouts and bailouts ... if Ireland gets the cash ... and then repays the loan at a higher interest than the money was borrowed at, it may be a good deal finnancially. But then the question pops up: if this government does make money with the deal, what are they going to do with it?

When the US economy took a dump, and the government bailed out GM, Canada came up with a few billion for the bailout. But, the payoff here was in jobs for Canadian auto workers (20% of GM vehicles made in Oshawa, Windsor and other Canadian manufacturing in Ontario .... the Ontario govt. also tossed in a few billion). This, in my opinion, wasn't a bad deal. Sure it was taxpayers' dollars; but it was the autoworkers who benefited.

Re: Ireland
 

Unfortunately I have never made one penny out of politics in fact its cost me a fortune over the years, I have never really wanted to stand for election was never really my scene, my involvement was on organisation and fund raising at which I was very good, or so I'm told. I was also very much involved in local and national charity work again on a totally voluntary basis, now pray tell us what ave you ever done for anybody besides being a pain in the bloody ass:p

Re: Ireland
 

C'mon Jay - he can't be totally bad - he is a Man Utd supporter after all :D:D:D

Re: Ireland
 

Thank you for your answer Jaysay.. so you spent your own money and time for the tory cause..just wondering if you made jam to raise the coffers of the local tories..anyone who has the guts to proclaim they actually worked hard for nothing, in order to further the havoc and destruction the tories create has me spellbound..but little respect.

Re: Ireland
 

Well Mancie I'm not like a lot of people who are in politics for what they get out of it, I was in it because I believed in what I was doing (I was always more concerned with local issues than national and was really only involved national when Ken Hargreaves was MP) As I said to cashy only last week I have totally severed all contacts with the Tory party per say, I think its a case of, hum well, I'll leave it at that, but I still dislike labour with a vengeance:D

Re: Ireland
 

Thats another reason:mad::mad::mad::mad::mad::D

Re: Ireland
 

Hands off my catchphrase!

Re: Ireland
 

I was using that phrase before you even knew where Rishon was mate:p

Re: Ireland
 

Looks like Portugal's going to be the next one in line for a bail out. Better start getting your hand in our pockets, Dave. :rolleyes:

Re: Ireland
 

Spoke to s chap who has recently left Spain - after 6 years. He reckons they are the next to crumble, tourism, their only real industry has been declining quite rapidly over the last couple of years apparently and the financial situation is far worse than is being publicised.
Even here, prices are rising quite noticeably.:(:(

Re: Ireland
 

Ya Barrie growth for the last quarter was 0.8% much better than the doom and gloom merchants had predicted ;)