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August 13, 2009

How do we penalise the guilty, and who are they?

Filed under: Murphy´s Ramblings — Tags: , , , , , , , — Murphy @ 13:11
I look at the High Court case against Liam Carroll and think to myself this NAMA is unreal, and very unfair.  They want to shove all of the bad debts of these kinds of people on top of the tax payer for a generation ahead.

Here are two very simple facts.  The first is that Brian Lenihan said recently that he wouldn’t interfere in commercial decisions of a bank who wanted to put up interest rates. Think about it – the government let the banks do what they like for 10 years but the minute it went wrong they had to bail them out with tax payers´ money.  If I had to give an insurance to a company, you can be sure that I would want to know exactly what was going on in that company, and if I didn’t like it I would pull the insurance rapido.

It seems to me that the government should never have bailed out the banks and, just like it said, should not have got involved in commercial decisions and let any bank that couldn’t stand up simply go bust.  Sure, it would have created hardship, but at least we would get to the bottom fast and therefore could start to rebuild on solid ground.  Now we are prolonging the agony for nearly a generation.

The second fact is that the property developers, bankers (is bankers spelled with a B?!) and politicians who stood to gain the world, with only others´ money to lose, should be stripped of their cars, homes and all assets for putting a generation of Irish citizens at such risk.  There are good balanced property developers out there too, and they are the ones who kept a sense of reality over the last 10 years, and despite the fact that they are also hurting now, they are simply not hurting others for their own gain.

We have no choice now, only to continue with NAMA and bail out the greedy and stupid over time – but maybe along with the government having shares in these mismanaged institutions, there should also be a higher rate of tax applied to them when they return to profit to compensate the tax payer.  Of course, there is another catch in this because they will make the profit by rising interest rates and charges on the very same tax payer who bailed them out in the first place.  So therefore, as far as I can see, we have to pay the debts of these greedy, immoral, irresponsable a**holes for years – or else simply let them sink and pull all state guarantees.

Fine Geal and Labour are knocking anything the government are doing, and whether they are right or not is irrelevant, but what is relevant is that they are only knocking and not coming up with any positive alternatives of substance, which means a change of government ain’t going to help either.

One alternative that I can think of would be to tax the profit of exporting companies only, which means we would get other nations to compensate the Irish tax payer.  However, this is also immoral and it would further turn manufacturing exporting companies to relocate elsewhere.

The bottom line is that we are simply f*cked for a while, and we might as well accept it with a smile, a song and a pint in Charlies, and do the best we can to make the whores that put us in this position pay for it personally.  I would love to hear others´ opinions or solutions here on this blog that my simple brain can’t see. Ah, just a few thoughts, sure, ya know yourself.

Drink sex feck arse & fags!!! ;)

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October 2, 2008

Chaos

Filed under: Murphy´s Ramblings — Tags: , , , , , , — Murphy @ 10:29

Following on from my blog post yesterday, now it seems that the Irish government has only guaranteed 6 banks and left out the other banks operating in Ireland, which is unfair competition – but nice try.

The truth is if the EU or the UK did the same to any Irish bank abroad, the Irish would have gone mad in Brussels, and rightly so. The opposition in Ireland are trying to dance all over the government, with easy hitting, claiming they (the government) are not sure of what they are doing. They are probably correct to some extent, but we are in uncharted waters here and the government should be supported in every way possible, and for sure they are doing the best they can. Even Cameron said in the UK yesterday that they have to row the boat together with Labour, because this is an unreal situation and there is no room for politics. He will be the next Prime Minister of the UK, and the sooner the better!

As regards the EU, now you can see how important it was to vote “NO” to the Lisbon Treaty. The EU are right to take the government to task about the foreign banks operating in Ireland, and I would hope that whether they had control over us or not, we would support all the banks operating in Ireland equally, just to be right. We should be happy to do what is right regardless, but the thought of having to get permission from the EU to wipe our a*se, well, f*ck that!

This is a classic situation where we are happy to co-operate with our EU neighbours, even at our own cost from time to time, for the benefit of the common good, but if it comes to your a*se or ours, good luck son, and definitely when there are important decisions to be made in a hurry and stupid EU bureaucracy is standing on the fence thinking “too slow Brussels and Adios”, if it comes to it. Brian Cowen, as I said before, should stand up and say:

“We (the Irish nation) are happy to work with Brussels to a point, but if that´s not possible, we will, and are not afraid to, work on our own. We have enough wealth and talent to survive and a great belief in our own best asset (our people, and their strength).”

David Cameron also said today that if the Irish haven’t ratified the Lisbon Treaty before he gets into government, he will also put the Treaty to the English population – and I will bet any man that if that happens the English will vote “NO” as well. The sooner we get Obama and Cameron into office, the better for the world as a whole. Not HOLE!!!

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