That's only the half of it. There is a proposal on the table apparantly for NAMA to start paying the self-same guys very large amounts to get them to finish off the half-built developments.Apparently the guys in charge of NAMA have sort of admitted that a lot of the top folk who owe NAMA the most aren't paying back their money, while they continue to live their lavish lifestyles.
I prefer a jog on the beach, preferably at sunset. It's far more satisfying.We as a nation should be marching in our millions about all this
"Bailing out" - Categorisation used by opposition/media for any spending that they do not agree with.
"Soft Landing" - Self deluding phrase used in an attempt to ignore the reality that property bubbles burst. Phrase now defunct.
"Smart Economy" - Self deluding phrase used in an attempt to ignore the fact that we pay ourselves too much and only by reducing costs (wages) will we fix our economy.
"Race to the bottom" - disingenuous phrase used by the haves to keep the have-not's at bay. It’s ok to race to the bottom when you are at the bottom; that’s called social justice. Just think of all the investment in Ireland through the late 80’s and into the 90’s. When we start to pay ourselves too much and the jobs start to move to the next country, one very much like we were in the 80’s, that’s called a race to the bottom.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?