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FF Senator Thomas Byrne wants you to subsidise AIB Buy to Let Investors!


IbrahaimMohamad

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Fianna Fáil Senator and Former Bertie Ahern worshiper Thomas Byrne wants you to subsidise AIB mortgage Customers by either paying increased taxes, or taking cuts to pay or social welfare benefits, in order to prevent AIB increasing interest rates for AIB mortgage borrowers, many of whom took out multiple loans to buy other people's homes.

Thomas's Family run the well knows firm of Drogheda Auctioneers Thomas Byrne :: Auctioneer and Valuer :: Drogheda, Co. Louth, Ireland.

Thomas does not want AIB to increase rates to make ends meet, and wants Enda and his crew to hit the taxpayer and Public service consumer instead. Either the property speculators pay more, or taxes are increased, public sector pay is reduced, or benefits and farm subsidies are reduced.

The Government have increased tax relief on Mortgages for home owners to 30% of interest.

Thomas a keen a supporter of Bertie the Bubble blower who is no longer a member of Fianna Fáil.

Fine Gael and Labour must use position to stop major hike in AIB mortgage rates – FF | Fianna Fáil


Thomas forgets that Fianna Fáil the Auctioneers, The Legal Advisers and the Banks were responsible for many people being induced to borrow far too much money to buy their home or some one elses home.


When anyone objected to Bertie's property boom policy, they were told to go and hang themselves.

Thomas should explain who he wants to fund AIB's deficit, instead of the Buy to let investors, as he wants respite from interest increases for all, at your expense.

Fianna Fáil and Thomas must still think the Irish People are Stupid, and that they do not understand that they will pay for any interest rate respite for AIB mortgage customers!

http://www.thejournal.ie/kenny-defends-aib-mortgage-hike-628469-Oct2012/

AIB has already got over €20,000,000,000 of the taxpayers money causing cuts to vulnerable people, increased taxes, cuts to public sector workers, cuts to farmers, cuts to students.

Bertie Ahern's and and Brian Cowen's pensions of €150,000 plus are cut-proof however.

Thomas's press release is as follows in bold!

"Fine Gael and Labour must use position to stop major hike in AIB mortgage rates – FF
Posted on 20/02/13 by Thomas Byrne
Fianna Fáil is calling on the government to use its position as owner of AIB to prevent hundreds of thousands of AIB customers being hit with a hike in variable interest rates.

Senator Thomas Byrne commented, “With thousands of mortgage holders in arrears and under financial strain every day the government must act now to prevent the increase in AIB mortgage repayments that we are told is being planned by the bank. Without the support of these same citizens when the banking sector was going through a self-made crisis, AIB would not exist.

“This increase would see mortgage repayments increase by up to €1,000 a year only serving to push more and more families into arrears. At a time when over 180,000 people are in difficulty with their repayments as it is it makes no sense for AIB to continue to target variable rate customers for higher interest rates.

“We have seen before when Fine Gael and Labour are under pressure they’ve summoned the banks to Government Buildings for a PR-driven ‘showdown’ but what we need now is real action from government that will help families and ease the financial pressure they’re feeling.

“The Taoiseach said in the Dáil again this morning that he has asked the regulator if more power was needed to deal with the banks but they haven’t sought any extra authority from government. The Taoiseach is totally missing the point. As head of Government and leader of the country he needs to take charge and show the thousands of families across the country who are struggling every day to make ends meet that the government will protect them from a banking sector that has already caused immense damage.

“The banks should be focussing their energy on addressing their costs, engaging with customers in difficult circumstances and taking proactive steps with borrowers to help them through this crisis, instead of taking what they seem to think is the easy route of hiking up variable rates
.”


Some one should tell Senator Thomas that AIB made an operating loss of €5,108,000,000 in 2011

http://www.google.co.uk/search?sourceid=navclient&ie=UTF-8&rlz=1T4ADFA_enIE492IE492&q=aib+annual+report+2011
 
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drummed

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Count me in. How much do we need?
 

IbrahaimMohamad

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Count me in. How much do we need?
Thomas and his Idol Bertie who preferred a safe to the bank account blew a great big property bubble. The Developers the Landowners, the Auctioneers, and the Solicitors did a roaring trade.

Now almost 20% of AIB mortgages are in arrears and AIB are losing money. Thomas wants taxpayers to pay more, public servants to be paid less, welfare dependants to be paid less and service consumers to have more cuts in order to take the burden off AIB borrowers, as some one must pay if it is not to be the speculators.

Either you pay one way or another or the AIB property speculators pay more.

Ring Senator Thomas and ask him to explain! 01-835 2123
 
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Dissenter 1

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All Countries eventually repudiate debt

Thomas and his Idol Bertie who preferred a safe to the bank account blew a great big property bubble. The Developers the Landowners, the Auctioneers, and the Solicitors did a roaring trade.

Now almost 20% of AIB mortgages are in arrears and AIB are losing money. Thomas want taxpayers to pay more, public servants to be paid less, welfare dependants to be paid less and service consumers to have more cuts in order to take the burden off AIB borrowers.

Either you pay one way or another or the AIB property speculators pay more.

Ring Senator Thomas and ask him to explain! 01-835 2123
All countries eventually repudiate debt. People just say F..k it game over we're not doing it anymore. So who's responsible for this pearl of wisdom? Stalin? Lenin? Pol Pot? Hitler? None other than the Sage of Omaha Warren Buffet one of the world's most savvy investors. It's coming people. Make no mistake and Warren Buffet rarely does.
 

IbrahaimMohamad

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4,226
All countries eventually repudiate debt. People just say F..k it game over we're not doing it anymore. So who's responsible for this pearl of wisdom? Stalin? Lenin? Pol Pot? Hitler? None other than the Sage of Omaha Warren Buffet one of the world's most savvy investors. It's coming people. Make no mistake and Warren Buffet rarely does.

The Current Government are securing interest rate reductions and effective write-downs through deferred repayment as inflation will eat into the debt deferred.

But Thomas and his incompetent colleagues reckoned that this was not possible.
 

IbrahaimMohamad

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Zzzzzzzzzzoooooooooooooooooooooooooooooo


Why Zoo?

Have Fianna Fáil no shame?

More than €21,000,000,000 has been poured into AIB. It is time it stood on it's own feet. Why should property speculators be subsidised further as Thonas Byrne and Fianna Fáil want.

We have had enough of their incompetence!

More money for AIB means less for the our people with more public sector pay cuts, more tax increases, more welfare cuts, more cuts to farm subsidies, more cuts for Students, less money for the health sector!

Let the FiaNNA FÁIL FAT CAT PROPERTY SPECULATORS pay more interest rate on their buy to regret loans!
 

ShoutingIsLeadership

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Jan 17, 2011
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50,459
Thomas and his Idol Bertie who preferred a safe to the bank account blew a great big property bubble. The Developers the Landowners, the Auctioneers, and the Solicitors did a roaring trade.

Now almost 20% of AIB mortgages are in arrears and AIB are losing money. Thomas wants taxpayers to pay more, public servants to be paid less, welfare dependants to be paid less and service consumers to have more cuts in order to take the burden off AIB borrowers, as some one must pay if it is not to be the speculators.

Either you pay one way or another or the AIB property speculators pay more.

Ring Senator Thomas and ask him to explain! 01-835 2123
20% of AIB mortgages are in arrears and losing money, you say.

Can you explain the bit to me where raising interest rates improves that problem?
 

IbrahaimMohamad

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20% of AIB mortgages are in arrears and losing money, you say.

Can you explain the bit to me where raising interest rates improves that problem?
Either the borrowers pay of the Citizens pay to subsidise the borrowers!

Many borrowers can afford to pay more. Some cannot so let them share equity in the property with the citizens.

AIB has had more than €21,000,000,000 from the Citizens. They have made huge sacrifices. Now Thomas wants his buy to let friends to be subsidised even more at your expense!
 

bonkers

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Either the borrowers pay of the Citizens pay to subsidise the borrowers!

Many borrowers can afford to pay more. Some cannot so let them share equity in the property with the citizens.

AIB has had more than €21,000,000,000 from the Citizens. They have made huge sacrifices. Now Thomas wants his buy to let friends to be subsidised even more at your expense!
The more I read the FG rubbish from you the more chance that I might actually think about voting for Byrne. Well done.
 

GDPR

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Now almost 20% of AIB mortgages are in arrears and AIB are losing money. Thomas wants taxpayers to pay more, public servants to be paid less, welfare dependants to be paid less and service consumers to have more cuts in order to take the burden off AIB borrowers, as some one must pay if it is not to be the speculators.

Either you pay one way or another or the AIB property speculators pay more.

Ring Senator Thomas and ask him to explain! 01-835 2123
Talking through your crack son.

AIB made a small operating profit before write offs and the losses on those write offs are down to their own stupidity, no reason in the world why their mortgage holders should pay for that.
The bank should just suck it up and get on with doing business and making profit in the ordinary way without a surcharge of extra interest on their customers. An extra charge btw that will do harm to the rest of the economy by taking yet more money out of peoples pockets.
Do AIB give a f**k about that? No, they most certainly do not.
 

grizzley

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.

Thomas's Family run the well knows firm of Drogheda Auctioneers Thomas Byrne :: Auctioneer and Valuer :: Drogheda, Co. Louth, Ireland.

Thomas forgets that Fianna Fáil the Auctioneers, The Legal Advisers and the Banks were responsible for many people being induced to borrow far too much money to buy their home or someone elses home.



Thomas doesn't forget, he still just a senator but is so over confident that he'll win the by-election he's already giving us a taste of the type of issues that will be his priority as a TD.
You have to remember his dad is an east meath auctioneer, and louth FFailure councillor, responsible for selling the numerous empty properties in that vast 'grange rat' wasteland that he still actually believes is an upmarket housing development.
For Thomas Jnr.& Co. making mortgages more manageable in order to sell these properties and rescue their developer pal from NAMA will always be their priority

:cool:petunia
 
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IbrahaimMohamad

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Feb 5, 2013
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4,226
Talking through your crack son.

AIB made a small operating profit before write offs and the losses on those write offs are down to their own stupidity, no reason in the world why their mortgage holders should pay for that.
The bank should just suck it up and get on with doing business and making profit in the ordinary way without a surcharge of extra interest on their customers. An extra charge btw that will do harm to the rest of the economy by taking yet more money out of peoples pockets.
Do AIB give a f**k about that? No, they most certainly do not.
It will be at least 2014 before AIB become profitable again!

AIB plans return to profitability in 2014 - FT.com

AIB plans return to profitability in 2014 - FT.com

Thomas wants you to keep subsidising AIB borrowers!
 

Eoin Coir

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Jun 16, 2012
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http://farm1.staticflickr.com/92/272226768_bb5be60ccd.jpg[/IMG


Byrne actually has notorious cheek talking about those with mortgages being in trouble considering his party's role in the building ponzi scam.
 

IbrahaimMohamad

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He is probably trying to keep house prices someway stable. Are you happy with the big new mosque in Clongriffin? You must be happy Ireland is being colonised and another Irish based jihadist incubation centre is off the ground.
I have to admire Dermot Ahern Our Greatest ever Minister for Justice.

He did a lot for Irish Muslims when he enacted the following law on Blasphemy. Dermot has done so much to make Ireland fit for Muslims.
Defamation Act 2009, Section 36

Fianna Fáil was always a great party to set up a Muslim with a passport if you had enough money.

Thomas should tell people that the cost of subsidising AIB borrowers would very quickly gobble up the entire Children's allowance budget, or reduce the State pension by 20% or devour the entire Agriculture Subsidy budget, or raise income tax levels by 20% or even 10% of the public sector pay bill!
 
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