FG mugged the middle class and never touched the banks.

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Well all I can say to that I am well aware of many many families who are on social welfare and have their children in 3rd level education. They are availing of the grants and are not living in areas where 3rd level institutions are close by.

Equally I am aware of people who are in relatively good jobs who are struggling massively to put their children through 3rd level.

As we are essentially talking on this thread about the last 5 years what are the real figures during this period that led to the massive sea change in education in the last 5 years.

Where is the utopian state that has all the perfect scenarios that are being complained about in this country and in this thread. Is it Greece?.

Yes Dermot, I know of these types of situations as well, but these are exceptions to the general convention as to how our two tiered educational system operates.

Look up the CSO figures for the last five years, regarding socio economic barriers to entering third level.

In relation to your last question, maybe we should cast our eyes to Finland or Germany, and not Ireland or Greece.
 
Yes Dermot, I know of these types of situations as well, but these are exceptions to the general convention as to how our two tiered educational system operates.
Look up the CSO figures for the last five years, regarding socio economic barriers to entering third level.
In relation to your last question, maybe we should cast our eyes to Finland or Germany, and not Ireland or Greece.

We have an entire grant system designed to get people into third level instutitions.
In the last year there were 60,000 successful applicants. I think that constitutes more than an exception. Are FG mugging the middle class by giving the grants to the wrong people???

I don't see how a two-tiered education system even begins to describe the complexity of the system across three levels, urban and rural, community schools versus religious schools, across household income levels, fee paying versus free schools, the grinds brigade etc - in all the things it does well and does badly.
 
In relation to your last question, maybe we should cast our eyes to Finland or Germany, and not Ireland or Greece.

Yes Finland is at the top so every other country is below them. Their economy is not in such great shakes currently and their education system is being targeted for cuts as well as wages and salaries throughout the economy. So the Government have to prioritise and some areas will receive bigger cuts than others and maybe Finland will be close to the bottom in some areas when these are implemented. All not rosy in Finland.

I do not know enough about Germany but as the richest economy in Europe and currently running a budget surplus with a history of an ability to borrow at very low interest rates I would feel it a bit unfair to compare Ireland's economic situation with Germany's in the last 5 years.

You have to have the mental ability to be able to get into 3rd level education in Germany as well. That could be classed as discriminatory by some people as well.

I would hardly class Angela Merkel as a socialist or SF leaning
 
We have an entire grant system designed to get people into third level instutitions.
In the last year there were 60,000 successful applicants. I think that constitutes more than an exception. Are FG mugging the middle class by giving the grants to the wrong people???

I don't see how a two-tiered education system even begins to describe the complexity of the system across three levels, urban and rural, community schools versus religious schools, across household income levels, fee paying versus free schools, the grinds brigade etc - in all the things it does well and does badly.


By two tiered, I mean how persons can access good schools, universities, teachers ( grinds ) depending on how much money they, or their parents have, that is all. Read the previous posts.

Do the third level grants you refer to cover the expense of student accommodation and living expenses that are incurred by students residing in the cities in which the colleges are located (for example, if you are travelling from a council estate located outside the cities to study in a college, I think not. )
 
Do the third level grants you refer to cover the expense of student accommodation and living expenses that are incurred by students residing in the cities in which the colleges are located (for example, if you are travelling from a council estate located outside the cities to study in a college, I think not. )

There are accommodation grants.

On the other hand what country provides Free fees, accommodation grants, pocket money clothing free food and maybe a few drinks as well as free text books etc because this is where this argument is going.
I think if all this was included even though I am in pretty advanced years I might do all those 3rd level courses that I wished for many years ago for the next 10 years or so.
 
By two tiered, I mean how persons can access good schools, universities, teachers ( grinds ) depending on how much money they, or their parents have, that is all. Read the previous posts.

I don't see anything wrong with fee paying schools or grinds. But I do see something wrong if that is the only way to get a good education.

I just don't think two-tiers is an accurate or useful term to describe the situation.
Our education system, which is a reflection of our society, has a lot more than two tiers. So when I see someone use a phrase like two tiers which is objectively inaccurate, it immediately predisposes me against their argument.

Our universities contain students from a wide range of income backgrounds.
We have free tuition and a grant system in place supposedly to prevent income from blocking qualified candidates from third level. I think it's more useful to focus on its specific shortcomings (as you noted, not covering X) than throw out terms like two tiers. What specifically did the last government do to reduce access to third level education, or what promise did they not fulfil in that area?
 
Yes Finland is at the top so every other country is below them. Their economy is not in such great shakes currently and their education system is being targeted for cuts as well as wages and salaries throughout the economy. So the Government have to prioritise and some areas will receive bigger cuts than others and maybe Finland will be close to the bottom in some areas when these are implemented. All not rosy in Finland.

I do not know enough about Germany but as the richest economy in Europe and currently running a budget surplus with a history of an ability to borrow at very low interest rates I would feel it a bit unfair to compare Ireland's economic situation with Germany's in the last 5 years.

You have to have the mental ability to be able to get into 3rd level education in Germany as well. That could be classed as discriminatory by some people as well.

I would hardly class Angela Merkel as a socialist or SF leaning

What are you trying to say ? What point are you making ?

Surely Angela Merkel, by allowing over a million Syrian immigrants to enter the German State displayed socialist tendencies rather than right wing tendencies, but what has that got to do with the thread. Tell me Dermot, with regard to the subject matter of the thread, how did Fine Gael and Labour take on the banks ? Why did they not insist that the bank's lower their variable mortgage rates to borrowers in line with their European counterparts ?
 
I don't see anything wrong with fee paying schools or grinds. But I do see something wrong if that is the only way to get a good education.

I just don't think two-tiers is an accurate or useful term to describe the situation.
Our education system, which is a reflection of our society, has a lot more than two tiers. So when I see someone use a phrase like two tiers which is objectively inaccurate, it immediately predisposes me against their argument.

Our universities contain students from a wide range of income backgrounds.
We have free tuition and a grant system in place supposedly to prevent income from blocking qualified candidates from third level. I think it's more useful to focus on its specific shortcomings (as you noted, not covering X) than throw out terms like two tiers. What specifically did the last government do to reduce access to third level education, or what promise did they not fulfil in that area?

You should read the previous posts and it would be plainly intelligible to the average Joe, what I was referring to when I said two tier. If a technical inaccuracy predisposes you against someone's argument as a whole, that is your problem, not mine. With regard to Fine Gael/ Labour they increased student fees, reduced spending within the Department of Education,etc.
 
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There are several threads on why bank interest rates are higher here and why no other banks want to come into this country so will leave it at that on that subject.

As for access to education what major impediments were introduced in the last 5 years as you appear to be inferring happened.
 
There are several threads on why bank interest rates are higher here and why no other banks want to come into this country so will leave it at that on that subject.

As for access to education what major impediments were introduced in the last 5 years as you appear to be inferring happened.
You are going well off thread, I suggest you start a new thread maybe "Fine Gaels glorious Educational triumphs in the last 5 years." Sure FG are planning to introduce a new graduate tax on top of registration fee of 3,000 euro, decreased spending on Education, etc., what next, hedge schools to do away with overhead costs.
P.S. By the way there are new banks coming into this Country to operate, just open your eyes and look at other threads on the site
 
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You are, the thread is Fine Gael mugged the middle class ( which they did ) and never touched the banks ( which they didn't )
 
You are, the thread is Fine Gael mugged the middle class ( which they did ) and never touched the banks ( which they didn't )
What is it you wanted the Government to do to the Banks? Banks are just organisations. Do you want them nationalised ( which most of them were)? Do you want the Directors jailed? Do you want the staff jailed? Do you want Depositors "bailed in"?
What specifically do you think should have happened to Banks?
 
Equality of opportunity is a mirage and is subject to a myriad of outside factors such as political connections, old school ties, religion, etc., to think otherwise is to bury one's head in the sand. Take off the rose coloured spectacles.

You don't need old school ties or political connections to get a good education and a well paying job in one of the large multi nationals in Ireland. To think otherwise is nonsense. Yes, being rich is an advantage. It is everywhere and always will be. Being poor in Ireland though is better than being poor in most other countries in the world.
 
how did Fine Gael and Labour take on the banks ? Why did they not insist that the bank's lower their variable mortgage rates to borrowers in line with their European counterparts ?

For two connected reasons.

1. So that the banks could return to profitability and rebuild their reserves. With a view to re-privatising them.

2. So that the cost of this wouldn't fall entirely on general taxation.
 
What is it you wanted the Government to do to the Banks? Banks are just organisations. Do you want them nationalised ( which most of them were)? Do you want the Directors jailed? Do you want the staff jailed? Do you want Depositors "bailed in"?
What specifically do you think should have happened to Banks?

Banks should be forced to reduce their variable rate mortgages in line with their European counterparts, while offsetting the above average cost of repossession in this Country. Instead the Government has knowingly allowed them to avail of a cartel system were each bank charges roughly the same exorbitant interest rates to these trapped borrowers ( 300,000 variable rate mortgage approx, that is approx 500,00 voters ). The banks will defend their actions with the mantra, well the borrower can always move to another bank if they believe that they are being overcharged by us. However the banks know full well that a lot of these properties are in negative equity and will not be touched by any competition ( if that exists ) within the market. Heaven knows, car companies can provide their customers with 0% finance options with no deposits to purchase their cars ( assets that will almost always depreciate to a negligible amount, as oppose to an asset ( bricks and mortar ) that over the test of time will usually always increase in value ); that how cheap money has become.

In relation to the tracker mortgages issue, maybe Padraic Kissane can give you some insights into the skullduggery that the banks engage in. In relation to consumer protection law, the Government should immediately bolster same. Serious breaches of the CCMA and the Consumer Protection Act etc by the banks should be a bar to repossession and indeed summary judgment. This would be a start. I am not a banker, but I regularly see the end results in our courts system, which is not a pretty sight.
 
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For two connected reasons.

1. So that the banks could return to profitability and rebuild their reserves. With a view to re-privatising them.

2. So that the cost of this wouldn't fall entirely on general taxation.

Why not keep AIB as a national bank in the medium term, this would enable the bank to purchase monies at the same low rate that the Irish Government can purchase it at. This in turn would create competition within the marketplace, something that has been sorely missing to date. Leaving mortgage interest rates artificially high so that the banks can rebuild profitability is not a valid reason for high interest rates that variable rate borrowers are being forced to pay ( contractually, I cannot believe that this has not been challenged ). Depositors are currently receiving no interest at all for their deposits. Think of all the monies in deposit and current accounts that the banks utilise to help their capital and liquidity ratios and pay almost nothing for.

Allowing this cost to fall on general taxation within the economy as a whole is fairer than lumping the load onto the shoulders of some.
 
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For two connected reasons.

1. So that the banks could return to profitability and rebuild their reserves. With a view to re-privatising them.

2. So that the cost of this wouldn't fall entirely on general taxation.

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So the Banks once they return to profitability are re-privatized ?
No -way should that be done unless we do very very well from said sale. . Surely what you are saying is that Mr Middle Class bailed out the Banks , paid dearly for their mortgages ,sorted failed mortgages and after that some privite people take the now tidy profits of the Bank.
I consider that an insult upon an insult upon an insult.
It is even worse than that ,because in time Mr Bank will revert to form and Mr Middle Class will re-re bail them out again and again. We have bailed AIB out twice already and the same management style is in place.

Cost has already fallen on general taxation .

Comment,
I just do not get this wish to tidy up something and when it is running well we flog it and forego future profits.
 
Why not keep AIB as a national bank in the medium term, this would enable the bank to purchase monies at the same low rate that the Irish Government can purchase it at.
National banks do not work in any country. This has been tried before unsuccessfully in Ireland with ACC and ICC. Both were high cost institutions which were subject to political interference by successive governments. Having worked in government owned banks abroad I have yet to see one that has been profitable and run without Government interference. The concept just does not work. Cost of borrowed funds is not an issue for the main banks.
Direct interference in the banking system by FG or any future Government will not resolve any of the primary concerns relating to the banking system. I.e. The concept of a new party in Government ordering AIB to cut its mortgage rates to certain classes of borrower will immediately devalue AIB and result in a consequent loss to the taxpayer. It could similarly be posited that the cost of Insurance in Ireland is well above the European average. Why not set up a Government insurance company to offer low cost insurance to undercut the market.
There is a utopian group think out there by many of the Social parties that a Government can freely meddle in the marketplace to provide a level playing field with all benefits and no cost. Theoretically communism as a concept should work. However in practice in never has. Life will always be unfair and unequal until we are all cloned to act and think the same (Stepford wives concept). Some people will win the Lotto, some people will inherit family fortunes. Some people will get high office and use that power to benefit themselves and their cronies. We live in an imperfect society but in my own experience ( having lived and worked in more than a dozen countries) I am still happy that Ireland is well up in the top 5% of countries where equality and fairness is generally evident. Virtually all of our citizens has the means (if not the motivation) to get a good education and by dint of hard work and application a good standard of life.
 
44 Brendan,

You mentioned ACC .
1. Whilst it operated it DID turn a profit for us and only when it was sold to the MARKET did it fail.
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2. It is very obvious that our State owned Bank AIB , is returning to a sense of profitability and I see minimal State interference.
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3. Should (in the unlikely event) of AIB being ordered to reduce mortgage rates, the beneficiaries are its owners who bailed them out.
We have as taxpayers already lost , so now we lose on the double while some Market buys it ?
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4. Devalue AIB , hmn ! its already devalued , if what you mean is Taxpayers reprop it to benefit Mr Market, that is insult upon injury.
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5. This ingrained concept needs to be challenged that Market = good .
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6. We are in the midst of a huge upheavel ,so lets think a bit sideways, and challenge Mr Market & Mr Utopia !.

I have NIL issue selling AIB provided WE GET WELL PAID.
IN USA the bastion of Capitalism I believe Government GOT more back than they bailed Banks for,
So do not let us be the suckers.
ps . I agree life can be (unfair)
., ,
 
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