I take your point and agree with most but I for one, would be happy to allow people who are willing to accept the situation and get on with life stay.Would it not be better if the people who are happy with the status quo emigrated, leaving those who want to change the country here to make the place better? Not whingers, but actors of course. No point in whinging and doing nothing about it.
And if people take money out of the banks for their own selfish purposes then the Govt has to borrow to make up for that removal. The taxpayer is then paying the interest on those borrowings.
Its' their money. They can do what the like with it and noone has a right to lecture them about it.
The EU do not want to let countries fail, but the question is how many they can actually save. And as citizens from other countries get hit with the bills of fiscally inept countries they will at some stage not be so happy to be doing so.Im amazed at how people over-reacting in the last few weeks, the media have hyped this all up to the point everyone is convinced the country is about to go bust....Im glad the IMF are in as they will sort out the country since the gov cant
RTE are the worst offenders, programme afer programme of talking us into a deeper recession then we are in. Why cant Irish people cop the hell on and see that the EU will not let us fail, they have said it enough times.
It's a bit more than the first sign of trouble. this has been going on for two years and the mess is getting increasingly worse. And I would prefer my euros to be converted into DM than new punts.First sign of trouble and everyone floods to pull money from irish banks to put it with the very countries that loaned us the money that has us in the problems we are in - Germany, UK and France!!!!
There is talk people are moving money for fear the EURO will fail..... so what are people doing putting it in german banks, which will revert to DM!
And some people (including me) believe the good of the country is having the banks fail, which is why they are moving money out of Irish banks and into foreign banks or abroad. The guarantee is not worth the paper it is written on when you consider how much money Irish banks owe to foreign countries. Not even the EU/IMF would be willing to cough up that much money for a small country.This is the time Irish people need to stand firm for the good of the country, like the OP stated, we have gone through much worse and come out the other end, sadly we have become a nation of Joe Duffy followers... Joe says jump and we say how high. Keep your funds with irish banks the guarantee schemes in place will protect deposits, and we have EU, IMF, UK Norway all pledging money to us to help us out.
The problem is that banks have not been allowed to fail and replaced by new or more solvent ones. If there was one action in this country that was unpatriotic then it was putting the public on the hook for all the private debts. Seeing through this and protecting your family is in my opinion not unpatriotic.Im with the OP, very unpatriotic pulling funds from Irish banks..... all your doing is adding to the problems we have and for god sake we have enough!
I for one am "moaning" about the additional taxes that have to be incurred because the banks were bailed out in the first place (I know I'm repeating myself). The reason they are unable to borrow is because their businesses are completely bust, why would anyone give a bankrupt business money and call it patriotic. Would it have been patriotic for people to buy Anglo shares in its dying days?You're just a rat deserting a sinking ship. Except you're not actually leaving the ship. You're staying to moan about the additional taxes to prop up the banks and whinge because they have no money to lend when actually you are the problem as to why they have no money to lend. If the country is no good for your money then why not just leave with it. You're no better than the people who left in the famine instead of the ones who stuck it out through the hard times. You should be ashamed to call yourself Irish.
No, the crux of the problem is that the taxpayer was put on the line to save banks that should have been let fail and now has to pay for it. People didn't get a chance to vote for the bail out, but I voted subsequently by pulling all my savings out of Irish banks and most of it out of Ireland.But the crux of the current problem is that our banks need money, rightly or wrongly. And if people take money out of the banks for their own selfish purposes then the Govt has to borrow to make up for that removal. The taxpayer is then paying the interest on those borrowings.
Of course they do, they pay taxes just like everyone else does.I don't feel that people who remove their money from Irish banks have the right to moan about the budget
Yes indeed, it's their money and they have already paid exorbitant taxes on it.Its' their money. They can do what the like with it and noone has a right to lecture them about it.
Would it not be better if the people who are happy with the status quo emigrated, leaving those who want to change the country here to make the place better? Not whingers, but actors of course. No point in whinging and doing nothing about it.
When people feel their money is threatened they'll move it elsewhere. It's the most logical course of action.... But the crux of the current problem is that our banks need money, rightly or wrongly. And if people take money out of the banks for their own selfish purposes then the Govt has to borrow to make up for that removal...
Then you'd be wrong.I don't feel that people who remove their money from Irish banks have the right to moan about the budget
completely agree, and I'm not even Irish, but I live and pay my taxes here. I find the general attitude of deserting the country when things go bad ridiculous. Stand your ground, vote for the party you think it's going to introduce changes. Packing your bags and stashing the money away is not going to change anything.
Would it not be better if the people who are happy with the status quo emigrated, leaving those who want to change the country here to make the place better? Not whingers, but actors of course. No point in whinging and doing nothing about it.
Infacta, d d d d dose are not my p p p policies. Looks like I've been outed.hear hear , sounds like elcato ( like the goverment ) wants non fianna fail voters to emmigrate , that has always been a fianna fail policy in the past , coerce the brightest and best to leave and throw a few bones to the gombeens
Now its unpatriotic to protect your savings. Its o.k. for Bono, J.P. McManus, Denis O'Brien,the Smurfits, Tony and Gavin O'Reilly and the rest of the lads to stash their cash abroad. But they aren't doing it for protection from a failed state - merely to be more "tax-effective".
As a republican and an internationalist, I think that the patriotism of the huckster/crony capitalists is just a mask to hide vested interests. In my opinion you have a duty to protect yourself and your families from this scum!
As a republican and an internationalist, I think that the patriotism of the huckster/crony capitalists is just a mask to hide vested interests. In my opinion you have a duty to protect yourself and your families from this scum!
Now its unpatriotic to protect your savings. Its o.k. for Bono, J.P. McManus, Denis O'Brien,the Smurfits, Tony and Gavin O'Reilly and the rest of the lads to stash their cash abroad. But they aren't doing it for protection from a failed state - merely to be more "tax-effective"
I have moved a little money but left most of it in the Irish institutions for the above reasons - I'd feel guilty and selfish to do otherwise. Likwise I didn't participate in the property boom either.
For all the talk of be patriotic, "keep your money in Irish banks", what have said banks done in return? Lending is at an all time low, customers being pressured to dump tracker mortgages, overdraft facilities cut, interest rate rises on loans, deposit interest rates cut...Now its unpatriotic to protect your savings...
My grandfather fought in the war of independance and in the civil war.
He put his life at risk for this country, sacrificed his legal career and had to go "on the run" lived in the mountains being fed by locals.
What would he think if I move the bulk of my savings abroad.
Would I be spitting on his grave?
Should we stand and fight this economic battle or run for the hills?
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