- Sep 3, 2007
RTE news just reported that the bailout interest rate will be in the range 4.8% to 5.2% with repayment between 2014-2017
Good news if true.
Good news if true.
Ha-ha. That's just the repayments we'll make in cash. We physically can't pay anymore without other borrowing. Get ready to buy your lecky at crippling rates from ESB GMBH. Brrrrrrrr.
LOLYeah, but what collateral will we have to stump up?
- Oil/gas reserves
- Rare earth metal reserves
- Fishing rights
- Semi-state companies
- first dibs on taxation
If these idiots borrow one penny for those delinquent Banks I will only vote for a party that promises to default.
Have been thinking this myself for the last few weeksWith this rate lower than expected, and the corporation tax saved, which Mary Coughlan said was non-negogiable, does anybody think events were staged to put FF in a better light.
It is like our saviours, have managed to maybe get a slightly lower rate to Greece and maintain the corporation tax, I smell a rat or am I being cycnical?
Good news? Good News?
If they had really wanted to sort out this crisis once and for all it would have been 2 or 2.5%. But that probably wouldn't have been practical for political reasons at the moment. If the story is true, it's not a punitive 6 or 7% at least, so they're not trying to make an example of us. At those rates the bailout sounds more like a holding operation. Kick the can further down the road. Leave the problem of figuring out what to do with our unsustainable pile of debt to a hopefully more favorable time in the future.
I seem to recall you predicted 7% - and threw a hissy fit when questioned.:roll:Good news? Good News?
No wonder why you only got 10% of the vote today.
Good news is default and the 2 fingers and to kick that Chopeire International Mother Futha rep. in the arse before we send him packing on the plane back to Castle Greyskull.
Questioned? Is that the new term for abuse?I seem to recall you predicted 7% - and threw a hissy fit when questioned.:roll:
Whwn I heard Cowen saying yesterday that the interest would be in the region of 6% (first time he was prepared to speculate on it!) I immediately smelled a rat and said to my husband "bet it will come in around5% and he will claim saving the country through good negotiations" Lying lying scumbags the lot of them.Have been thinking this myself for the last few weeks
Good news? WTF?
Ya - but you certainly presented his forecast with great enthusiasm and conviction!Questioned? Is that the new term for abuse?
Karl Whelan said 7% and he is not a radical economist.
As I hope and keep preaching, we can dictate terms, threaten default. We need a combination of a poker player, a Ballina sloe Horse Show trader and Gordan Gekko from Wall Street to go in there arnd rip their f*cking repitilian throats out!
If Paddy wants to wallow in this sh.te, then he is surely living a surreal game show existence in a mystical land beyond, beyond and past hope and fear with the expectation of a future Genii to come to the rescue. How I pray that he will wake up, take in the outstretched arm looking forThe world is in a very dicey place. Monetary assets will be frozen at the drop of a hat. Get real. There is a near $500Tn (Hot money) on bank books worldwide according to the BIS. The International Financial Buccaneers are looking with great eagerness for a home for this; the modern Irish herd mentality is working out to be a soft touch. What is our proposed National Debt now in reality, counting commitments made etc? - $333Bn. The IFB have now only to find a home to launder another $499,999,667,000,000. The Irish need to waken up.