Are Judgements followed abroad

Status
Not open for further replies.
Agree with you ontour on the way in which to manage this from the OP's perspective.However, the nuances of difference between personal debt and company debt are in the main not seen as relevant by most citizens. There is a poisonous sentiment ( as clearly evidenced here) fuelled by a perception of deep and endemic unfairness in how debt & responsibility affects (and has affected) different groups in society, and also generally how the country is/has been run (arguably for the benefit of particular groups with unwarranted influence on the polictical system). Long-term this bodes ill for everyone. Any social contract between people in a state is based on a perception of equality underpinned by openness. This perception has been damaged (beyond repair? Hopefully not) by how the state and society have been managed. In a sense this is THE most prescient issue facing us all. Their is a deep malaise and wrong at the heart of our country that has resulted in the rejection of responsibility because it's not percieved as being an equal playing field for all. The entire basis of this society and political system needs a fundemental overall to reflect in ACTUALITY a fair, equal and just community.
 
mf1 said:
I've never thought that the "well, everyone else is/was doing it" stacks up as an acceptable reason or justification for bad behaviour!
mf
Click to expand...

Nothing stacks up at present unfortunately.

dereko1969 said:
All those who took out 100% mortgages share in the blame, as do those who bought houses to get on the ladder living somewhere they didn't want to. No-one forced them to buy, people need to start taking responsibility for their actions.
Click to expand...

Banks share the blame here too. 100% mortgages should not have been handed out. Stress testing was definately below par.



Oh, but you are to blame and you are paying for it through extra taxes etc. Remember "We all partied", Brian Lenihan. What about the brickie who was in a permanent job, on €1,000 plus a week, stress tested to make sure he could afford his mortgage with any interest rate hikes, all well within his means, but is now unemployed?



I feel the same way as you Bronte, well said



Great post Horusd



Not comparing personal debt to corporate structure debt here. The personal debt of the ordinary citizen has risen to account for the wreckless corporate debt taken on by developers.


Point 1
Unfortunately there is only one poisonous chalice which was in the hands of the developers, government & banks, but its now being passed on to the ordinary citizens of this country, and to all unborn citizens of this country.

Point 2
Agree with your 2nd point.
 
Pope John Paul 11 I had overlooked the impact on the unborn which you pointed out. That for me is perhaps the most sickening aspect of this. It's bad enough for us but what a terrible legacy to leave to our descendants. It makes the whole need to re-invent this society all the more urgent. We surely have left them (and us) in serious hock, the least we can do is try and fix the system. That's why I feel we cannot walk away from this issue, despite being heart-sick at the sight of it. We owe ourselves the job of repairing it. If I hear one more politician/pundit sighing that " we are where we are...." as if there is NOTHING we can do I'll go nuts.
 

Correct and apologies, my ire was directed at those who really stretched themselves with a 100% mortgages and were immediately in trouble with repaying and who are now moaning about it.
 

I took out a mortgage of 96k. It wasn't with an Irish owned bank either, so I'd prefer not to be lumped in with others who over borrowed
 
Status
Not open for further replies.
Menu
Log in
Register