Not one red cent

…Left in the pockets of the Irish people!

true but it was the IMF that told the irish government NOT to pay the non secure bond holders. It was the EU that forced our weak ass government to pay the non secure bond holders. Ask yourself who were these “non secure bond holders”, my guess UK, Germand and French banks and governments.

our government know well how to spend it :p

http://www.thejournal.ie/government-eu-presidency-website-720802-Dec2012/?utm_source=shortlink

And pay soicial welfare and housing ad health care. If ur goin to post lets not just post the info that will et u green thumbs

Put simply, the idea is not to pay all debt at once but rather to roll it over for longer periods to make it more manageable. So when the Government agreed to pay a huge amount of debt owing to individuals it became unmanageable. Borrowing from the IMF etc. allows us to pay that off and spread the payments out longer and at lower interest rates that we could otherwise get. Which of course means paying more interest but at least it all doesn’t fall due at once.

Jay if all I was worried about was getting green thumbs I’d never post anything on this site. I post my opinion as I see it and let people make what they think of it. In this case case I see things as borrowing from Peter to pay Paul while all the time wallowing in the same mire. Some people such as yourself choose to criticize me which is fair enough. Other people such as Enda choose to write constructive comments explaining the situation so that now I have a better understanding of it. If you stick around you will no doubt see me posting a comment that will get me a load of red thumbs. Everything balances itself out in the end. Hmmm, that’s a little bit too philosophical for this hour of the morning, I’d better cut back on my coffee.

jay if i may add as well we are told as of last night that we have to ease of on the austerity crack because our economy is going down the toilet , our polititions are not qualified to see this and all this from a notorious corrupt bank as history will show, effectively we are being saved from our own polititions , dunphy who i do not agree with most of the time said this country is not a democracy reason being five years in to a bail out from the banks which broke us as a nation we have no investigation in to what happened and we are not talking about it , we have african levels of corruption at the top in this country and the media is muzzled and refuses to talk about it, this is an indicator as to how corrupt we are ,we need to get this toxic goverment OUT.

yes we are all suffering for numbers on computer screens, nothing more nothing less!! absolute madness it is!! If I went into my neighbours and put my hands in their pockets and told them it’s completely necessary cos I gambled and now I have no numbers on my computer screen do you think i’d get away with it??

My comment wasnt only directed at you its people on this in general that think the country is borrowing just for bondholders … We are running a deficit we borrow to keep the country running but people seem to think the country is self sustaining and the only problem is paying bond holders thats not the case

So who do you replace this lot with surly not FF ??

Join my page if you want to be part of protests demanding a general election, straight after new year.

https://www.facebook.com/pages/Fine-Gael-Labour-Out/308067872628333?ref=hl

Have as good a Christmas as ye can people ;)

Well thats your opinion. I gave my son a loan for a Ferrari when he was six. He’s forty now and has paid me all the money back.

All well and good oh boy but I’ll bet the Ferrari is fcuked!

True true Creamy…sure its like pumping up a tyre that has a slow puncture so as to keep ya going abit longer…whats the point…just fix the tyre…

Yeay.
A Christmas bonus for dopey enda and his crew.
Wonder what thy will spoil themselves with.

And how many times have the poor been attacked? The middle and upper class should be focused on again when needed. We do not have a “welfare” anymore, Social Protection should be just that, a protection for the people most vunerable to poverty and the cruel reality it brings. As is mentioned here by Dmc, this is bondholder money to keep and make the rich even wealthier which is something that has both sides to the sword. If the rich maintain their wealth the more opportunity they have to create jobs for people in this country and that has to be protected too.

More social warfare than social welfare..the incomes of the wealthy actually increased(8%) while they squeeze out the lower end and middle, the producers of the wealth, as opposed to the parasitic speculating gamblers at the top of the food chain(appropriately as the speculation has moved on to food futures since their property gaming collapsed).

IMF=Organised usurious crime syndication. They are keeping us just healthy enough so they can continue to milk the agribusness and IFSC sacred cows.

Which would make Enda and Eamo the cattle jobbers on our Animal Farm.

I love the lie at the bottom right of their website ; Ocean finance is regulated by the irish central bank ahahahahahaha

if the irish central bank had teeth we wouldn’t be where we are today!

Numerological econometricians…except its a false and unsustainable economic model of neoliberal monetarism they are following with Chicago Boys(Milton Friedmanesque)ideological blinkers.
Same model they test ran with a pilot project from Pinochet’s Chile to create the Operation Condor fascistic rendition and disappeared program all across Latin America.

Its their globalisation. It was called the Manchester School when they brought us our 1840s hunger as food was exported to the empire upon which no sun may set, now updated to PNAC full spectrum dominance under the aegis of Nato/UNSC.

The idiots who red thumbed my comment clearly didnt even read the article

Isn’t it disgraceful, the IMF are telling our government to stop thinking about mini budgets… It’s almost like FFG/labour like budgets. Send in the IMF now, and consign FFG-FF,Labour to history.

The imf know that harsh budget after harsh budget every 6 months is counter productive and its getting more clear to the outside world that a deal needs to be done on the bank debt even a re structure or a small write off anything to reduce the risk of default

More like the IMF know a second bailout will be needed to pay it all back in 2015 sniff sniff

Hence why a deal would need to be done

Of course but its not going to happen! We pay back all our debts according to Enda even the ones we don’t actually owe. A deal will ease a bit of the burden but its a write down that’s what’s actually needed and this government don’t have the skills or the will to get it for us.

The greeks didnt negotiate a bank deal either their books were assesed and the ammout of debt was unsustainable and a portion was written off but unfortunatly we are still paying back to its getting harder and harder to squeeze us for it and eventually itll be a write off or a re structure

Jay the IMF know that. Unfortunately the ECB, EU and our glorious leaders don’t. Considering that the IMF were invited to the bail out party because of their expertise in this area it’s ironic that their advice is ignored.

Won’t happen by the current adminestration it’s been said as fact in the dail by herr kenny. No way hose….paddy pays his way, unsustainable or not. Now put on yer green jersey and bend over :)

The exb and eu do know this hence the greek write off and re structure its only a matter of time before it happens

If you think the IMF are our friends, then you need to do some serious reading. They cleaned out many a South American country by plunging them into a debt traps and renegotiating this debt by liquidating the states assets – sound familiar ESB, Bord Gais, Coillte, Household Charge, Water charges, USC etc???.

This is not a conspiracy theory. Please just read up on the IMF’s history. They are owned and do the bidding of the ultimate bond holders, who are the owners of all central banks of the world.