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Blessed. Thank God for Billy and his mates. What would we do without them.He also sid that if FF had not bailed out the banks, there would have been job losses and economic downturn.
Good thing we avoided that bullet
Govt. Must Come Clean on Exact Details of ?Mortgage-like? Promissory Notes - Joan Burton, TD for Dublin West in Dail EireannTo date, the Minister for Finance has issued €18.88bn in promissory notes to Anglo Irish Bank, with the issue of a further €6.4bn imminent. A promissory note has been issued to Irish Nationwide for €2.6bn, but the Minister has indicated that this will very soon increase by a further €2.7bn. A smaller promissory note, amounting to €0.25bn, has been issued to EBS.
These IOUs will total nearly €31bn by end 2010, but that’s not the end of the story.
If the interest rate on the promissory notes averaged 5%, and repayments totalled €3bn per annum, then the total interest charge could add more than €10bn to the final bill for bailing out the banks.
The Minister for Finance must come clean on the interest rate, the term, the annual cost and the total overall cost of paying off these IOUs.
We need to see the small print in the ‘mortgage agreement’ he has signed the country up to.
Ah come on now lads; Billy's lunches ARE free ... to him; while we snigger at his jockey's bollix of a neck, we pay.Blessed. Thank God for Billy and his mates. What would we do without them.
These Marie Antionettes are beyond belief. They should learn to keep their big mouths shut.
They do not even see it coming.
I have heard it said that after the French Revolution, when the Royals were being led to the guillotine, that it was not the look of fear on their faces that people noticed, but the look of surprise.Ah come on now lads; Billy's lunches ARE free ... to him; while we snigger at his jockey's bollix of a neck, we pay.