What will FF do with the €80bn.

Mondo

Well-known member
Joined
Oct 1, 2010
Messages
1,054
OK Suggestions Please.

IF FF get their mits on the €80bn before the incoming Gov. What will they spend it on??????


• An Ice Rink in Jackie Healy Ray's Bedroom?
• Dig out for McNamara (jobs initiative of course)
• Breast reduction for Biffo
• Lunch For Harney

Seriously though. Its no joke.

They know they are screwed and this will be their last hoora, they'll trouser as much as they can and blame the ensuing economic apocalypse on incoming government.

....Please be listening EU, IMF, UK, USA, whoever, don't give these clowns another chance, they'll burn through it in a blink and spread the crisis to whoever was foolish enough to entertain them.
 
Last edited:


hammer

Well-known member
Joined
Jul 6, 2009
Messages
58,180
We dont need €80 billion.

We need a new Government. The people will row in behind a new Government and get Ireland going again.
 

TradCat

Well-known member
Joined
Jun 5, 2005
Messages
1,989
When Greece got the money this was the deal.

Greece’s progress in achieving targets will monitored on a quarterly basis. “Normal” continuation of the financing will depend on its success in reaching the goals.
They should keep a closer eye on FF.
 

sport02

Well-known member
Joined
Sep 25, 2010
Messages
19,548
I think there should be a major pre-condition set down by europe, and that is they must call a general election.
They have shown themselves to be useless at managing the country's finances, if we get this 80 billion next week, the chances are in a few months after a general election, we will have to go back for more.
Remember when the Conservatives got into power in Britian, and there was a letter left in a drawer, for the incoming goverment to say there is NO MONEY LEFT/ALL THE MONEY IS GONE.
 

GridLock

Member
Joined
Nov 13, 2010
Messages
52
They will spend it on a failing political structure of semi state agencies like FAS and JOBFIT.
 

Fed Up

Well-known member
Joined
Feb 22, 2010
Messages
499
Errr, is it not obvious? The Croke Park Deal of course!

BTW, I take it I'm not mad to assume this €80bn will cost us our corp tax rate?
 

commonman

Well-known member
Joined
May 29, 2010
Messages
5,296
bye a new tent . lets see what rte say on the news at six. sorry what there told to say
 

Fed Up

Well-known member
Joined
Feb 22, 2010
Messages
499
They will spend it on a failing political structure of semi state agencies like FAS and JOBFIT.
JOB FOR IDIOT (from) TULLAMORE?
 

Just Jack

Well-known member
Joined
Sep 10, 2010
Messages
3,739
OK Suggestions Please.

IF FF get their mits on the €80bn before the incoming Gov. What will they spend it on??????


• An Ice Rink in Jackie Healy Ray's Bedroom?
• Dig out for McNamara (jobs initiative of course)
• Breast reduction for Biffo
• Lunch For Harney
Cowen will probably squander it on drink.
 

SideysGhost

Well-known member
Joined
Nov 30, 2009
Messages
17,364
It'll disappear in a few months. About half of it will disappear in further bank "recapitalisations", and the rest will be frittered away on buying off the unions and plugging the holes in NAMA. And then there's the interest on it...even at 5% that's another €4bn a year on to government spending in interest costs.

This bailout isn't going to work.
 

DCon

Well-known member
Joined
May 5, 2009
Messages
5,889
All former Taoisigh pensions will be raised by 4000%.

Cowen will step down, and let Lenny be Taoiseach until the Election
 

hiding behind a poster

Well-known member
Joined
Mar 8, 2005
Messages
48,197
They wont actually get 80bn, what they will get is liquidity worth 80bn to keep the economy churning whilst simultanueosly slashing all around. Expect wages to crumble and inflation to soar.
How can inflation soar with wages crumbling, a consumer sector dominated by imports, and no devaluation option?
 

sport02

Well-known member
Joined
Sep 25, 2010
Messages
19,548
Errr, is it not obvious? The Croke Park Deal of course!

BTW, I take it I'm not mad to assume this €80bn will cost us our corp tax rate?
A junkee gambler that has maxed out the country's limit on our credit card, after foolishly betting on all the wrong horses, will surely do anything for a brand new spanky, shinning platinum credit card from Sarkosy and Merkel.
 
Last edited:

Skin

Well-known member
Joined
Aug 25, 2005
Messages
1,079
How can inflation soar with wages crumbling, a consumer sector dominated by imports, and no devaluation option?
Imports is the key.

The price of foreign goods will not fall, but the purchasing power of the Irish people will. From an offical perspective, it may not look like high inflation, but ultimately everything will be more expensive.
 
D

Deleted member 17573

It'll disappear in a few months. About half of it will disappear in further bank "recapitalisations", and the rest will be frittered away on buying off the unions and plugging the holes in NAMA. And then there's the interest on it...even at 5% that's another €4bn a year on to government spending in interest costs.

This bailout isn't going to work.
You don´t know how much of a bailout is being considered, you don´t know what conditions might be imposed, in fact you don´t even know if there will be a bailout - but you have managed to conclude that it won´t work. Is this for your "I told you so" file?:roll:
 

Fed Up

Well-known member
Joined
Feb 22, 2010
Messages
499
A junkee gambler that has maxed out the country's limit on our credit card, after foolishly betting on the wrong horses, will surely do anything for a brand new spanky, shinning platinum credit card from Sarkosy and Merkel.
How unfortunately accurate.
 

Mondo

Well-known member
Joined
Oct 1, 2010
Messages
1,054
You don´t know how much of a bailout is being considered, you don´t know what conditions might be imposed, in fact you don´t even know if there will be a bailout - but you have managed to conclude that it won´t work. Is this for your "I told you so" file?:roll:
We know enough FFoot soldier. They can be judged on their record to date.
 
Last edited:
D

Deleted member 17573

Imports is the key.

The price of foreign goods will not fall, but the purchasing power of the Irish people will. From an offical perspective, it may not look like high inflation, but ultimately everything will be more expensive.
The price of imported goods will fall - the importers will price the goods at whatever price the market will bear.
 


New Threads

Most Replies

Top