Ireland. Don't Pay. Walk Away.

Illustro

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Jun 27, 2009
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"Don't pay. Walk away" should be the meme that goes viral in the Irish consciousness.

Explained through visual format.

Ireland. Don't Pay. Walk Away
 


Illustro

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You mean the cheesy 80's "street" lingo? :)

I didn't pay much attention to it, it's not the important informative meme from that vid
 

Illustro

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Don't pay, Walk away, Right on :p
I believe the originator of that catchy phrase came from Max Keiser in one of his shows. It was a message to the Irish, Greeks and all other recepients of fraudulantly induced debt.
 

Illustro

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I think people should post that video link to their Facebook profiles to spread the word of what is actually happening in our country as many people are still confused.
 

CookieMonster

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The calls for default are growing. Much talk of Ireland being a "small open economy" as some sort of weak point for us now and making it necessary for us to shoulder the burden of hundreds of billions of Euro debt when in previous times the "small open economy" line was a badge of pride.

Surely we, as a small open economy, are in a really good position to bounce back quickly post default where as larger countries who have done the same would be more difficult to manage after the act?

Government talking from both sides of their arse again?
 

Illustro

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The calls for default are growing. Much talk of Ireland being a "small open economy" as some sort of weak point for us now and making it necessary for us to shoulder the burden of hundreds of billions of Euro debt when in previous times the "small open economy" line was a badge of pride.

Surely we, as a small open economy, are in a really good position to bounce back quickly post default where as larger countries who have done the same would be more difficult to manage after the act?

Government talking from both sides of their arse again?
The current path we are on of trying to borrow our way out of debt is in reality a slow motion default. It's much messier and will bring great hardship on our people.
 

Freedom front

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The calls for default are growing. Much talk of Ireland being a "small open economy" as some sort of weak point for us now and making it necessary for us to shoulder the burden of hundreds of billions of Euro debt when in previous times the "small open economy" line was a badge of pride.

Surely we, as a small open economy, are in a really good position to bounce back quickly post default where as larger countries who have done the same would be more difficult to manage after the act?

Government talking from both sides of their arse again?
Agreed , FF are talking utter Rubbish
 

Social Conscience

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"Don't pay. Walk away" should be the meme that goes viral in the Irish consciousness.

Explained through visual format.

Ireland. Don't Pay. Walk Away
Excellent thread title - we are at the cliff edge. We all remember how the decision in Sept '08 was gonna save all out before it. We need this budget to lose, have a GE and start listening to people who speak the TRUTH. :shock2:
 

CookieMonster

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The current path we are on of trying to borrow our way out of debt is in reality a slow motion default. It's much messier and will bring great hardship on our people.
Indeed, it's based on the hugely successful drink yourself sober method.
 

vanla sighs

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I thought the guy at the end said: don't pay, w@nk away?

Anyway, you're 100% correct of course: don't pay, walk away. Tell the bondholders, sorry but the Irish people aren't going to pay for the risk that you took. We need to default on the bad bank debt, if we don't do it now we will have to do it later. There's no reason why we should pay - we are not the banks (well, FF have tried to make us and the banks one and the same, however we're not!) Default and save Ireland, we won't be debt slaves.

By the way, here's a little story to cheer people up:

It has now been 10 years since the assasination of former Irish Prime Minister Brian Cowen. In that time Ireland has undergone a transformation leading in 2015 to the disestablishment of the Irish State and establishment of the EU Protectorate of Ireland. In the general election of January 2011 Mr.Cowens political party Fianna Fail (the ironically titled "Soldiers of Destiny") went the way of the Christian Democrats in 1990's Italy. With the Great Irish Depression of 2011-2014 it was estimated that almost 1.2 million people emigrated from the country. The situation was made worse when in 2013 the UK left the EU and closed its borders to Irish refugees. Soon after other EU member States renegotiated existing EU treaties with the discredited and complient Dublin adminstration and Irish nationals were required to apply for visas and work permits for travel to other EU member States. In 2014 Ireland was placed under special EU administration which in 2015 codified into the EU Protectorate of Ireland we have today.

Cheap Irish labour has helped Germanys industrial giant, the Irish have at times complained of harsh living and working conditions but as unions in their home country are banned and they are on mandatory 6 year contracts little notice has been taken of their claims of supposed exploitation. Hermann Stressling head of the EU Workers Council dismissed such claims stating "In the Protectorate of Ireland these people would starve, at least here they are fed, housed and get a good wage by Irish standards". When contacted in the south of France many former Irish government ministers reflected that the upcoming anniversary of the Cowen assasination brought back sad memories, none it was reported would be returning to Ireland to partake in any possible ceremonies.

As we know the Irish Situation came to a head when unemployment reached 1 million and the State dormitories which had been established to provide shelter and basic foodstuffs to the citizenry collapsed under mismanagement and a lack of funding from the interim central government. Even with the decriminalistion of prostitution and soft drugs and Ireland being a popular destination for British, French and German stag parties the coffers of the State remained low.

It has been said by historians that it was the lack of leadership of Cowen and his Fianna Fail political party and the subsequent corruption that was unearthed which paved the way for the EU Protectorate. While many will let the day pass unmarked, the head of the Protectorate, Ludwig Strauss Schmidt, said that citizens in the small Irish town of Clara had applied for a permit to hold a public commemoration for the late Brian Cowen, numbers are expected to be small and Protectorate Police will be on hand should any disturbances ensue. Mr.Schmidt added that fruit and cheese rations were to be increased over the coming months to help reduce the instances of scurvy and calcium deficency amongst the remaining Irish populace and that the EU had not forgotten their loyal service to the Union.

DEFAULT!
 

suckeensam

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Nov 25, 2010
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True Figures and facts

Every time we turn on the telly we get different figures for our total debt .
What do we owe in total.330 Billion the guys on Vincent Browne say .
Surely we cannot service that debt .
What can we get away with defaulting on without serious damage to our country .
Bullet payment in 10 years maybe with interest we feel is manageable .
RTE and TV3 seem to have conflicting figures on everything .
I will not be reducing the wages I pay my staff even though seemingly now I can .
The people need to be told exactly whats owed and a team of properly qualified people appointed to form a strategic plan on how to deal with this .
Then if we need the IMF we invite them in and tell them how we plan to slowly and sensibly work our way out of this terrible mess, not of the ordinary hardworking Irish peoples making .We have to pay for it but we must know the facts and I mean all the facts .IBECs (Ireland by the Numbers)on Utube needs to be aired on the national media at least every hour .
All we need is the confidence to spend a bit more .Like turf in a bog money is useless unless its turned.
So any one of you bright people even know how much we owe ?
 

EvotingMachine0197

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Feb 17, 2006
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The current path we are on of trying to borrow our way out of debt is in reality a slow motion default. It's much messier and will bring great hardship on our people.
The guys on VinB last night tried to differentiate between orderly default and disorderly default - the latter being much worse for A Country as you say.

We are heading for disorderly default due to a Government refusal to arrange an orderly one.
 

Illustro

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Jun 27, 2009
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Bloombergs Matthew Lynn sais the default is a better solution foe Ireland.

Bust Is Better Than a Bailout for Irish Patient: Matthew Lynn - Bloomberg
The man talks sense:

Ireland would be better off going bust than taking a loan. The conditions attached to a rescue aren’t worth it: Once it takes EU money, it will never get off the hook. And the Irish banks aren’t worth saving anyway. Defaulting on your debts is a far less scary prospect than usually portrayed.
I'd love to be a fly on the wall at FF meetings to discuss strategies. I can't envisage a single person offering suitable solutions.
 

Bevan

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Nov 25, 2010
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Excellent thread title - we are at the cliff edge. We all remember how the decision in Sept '08 was gonna save all out before it. We need this budget to lose, have a GE and start listening to people who speak the TRUTH. :shock2:
And pray tell Who speaks the TRUTH
 


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