Who the Feck is Olli Rehn!

He's our new taoiseach, Himself and his buddy's will be taking turns for a few years to come

Why shouldnt he? He is part of one of the institutions who is loaning us money when no-one else will. He has more of a right to determine the budget date than our current government.

He should mind his own business as far as im corncerned,why are we in such a hurry to crucify ourselves?,surely a general election is what is needed at this time!

BraveInca2006 spot on.


why are we in such a hurry to crucify ourselves?

We're not........we'd struggle to afford the nails let alone the cross these days

former finnish international footballer

bet u didnt know that

Its the banks that are broke,the State dosent need to go to the markets for 6 months,The Germans cant afford to let the banks go under so there is time,we dont have to be rushed into making desions which will affect this Country for generations!

exactly tell the EU/IMF to go feck themselves.

On this occasion scooby really does know. The latest reports have it that the ecb/imf will insert a clause putting up whatever remaining state assets there are as collateral on the loans after selling off whatever assets they can now. Given the interest rates that we are being 'bailed out' at we would need double digit growth for a significant number of years to avoid default. Given that we are going to be lucky to achieve single digit growth we are being set up to fail and an asset grab will ensue. Once the banking guarantee was issued
default became inevitable, the terms of that default and what we leave to future generations of Irish people will be dependent on the terms of the bailout

anyone who thinks the IMF are in ireland to help ireland and its people are living in cloud cuckoo land.

the sam maguire cup is being renamed the olli renn cup...it might help us a bit!!

We are fast approaching a time when there will be no going back.

Had I the heavens' embroidered cloths,
Enwrought with golden and silver light,
The blue and the dim and the dark cloths
Of night and light and the half-light,
I would spread the cloths under your feet:
But I, being poor, have only my dreams;
I have spread my dreams under your feet,
Tread softly because you tread on my dreams

I fear they will not tread very softly at all

anyone who thinks the IMF are in ireland to help ireland and its people are living in cloud cuckoo land.

Whats your definition of "Help"?

Swap Help for Save.

'Diamond' Joe Quimby Joined: 14 Oct 05
Replies: 4262 23 Nov 10 22:39 
anyone who thinks the IMF are in ireland to help ireland and its people are living in cloud cuckoo land.

Whats your definition of "Help"?
--------------

not completely shaft.

and what squigs said is what i should have wrote.

Save, is that what you call this State getting sold down the river for the sake of the "banks" Mug Paddys is right,this Country is full of Traitors jumping to Europes tune,not for me thanks!

What is peoples issue with the forthcoming budget? I would have thought it quite mild given the circumstances imho

We are going to end up with a 200 Billion debt at least,borrowed at 6% how are we going to pay for that?if  this budget and "bailout" are allowed to be pushed through this country is finished.I would like a new Government with a mandate,to look at alternative options,this is crazy stuff,who are we doing this for?

Default, Default, Default. Go to the IMF take what ever conditions they attach, feck the EU they lent to our banks, and gota take some of the pain. At least our kids will be free and not debt slaves.

err the EU are in bed with the IMF.

No, imo (i could be wrong) we can go to the IMF with out taking EU Bail out. Conditions attached might be a lot worse short term, but without the level of debt they are piling on us. Our kids just may have a chance. Ireland can not pay the level of debt they are taking about full stop, the markets know this, thus will not lend to us.

Barney Rock - I agree but we need a general election now!

Not going to argue with that, i would say we needed one in 2008, but better late that never.

i actually have faith in kenny. He might just surprise the lot of us.

Last night the two main opposition parties were saying they favoured an election,today Olli Rehn says no,so the spineless Traitors are now willing to play along for the "National interest" this is a Disaster,we need to grow balls fast as a Nation and put it up to the Germans we have nothing to loose,there are other options!

We need a government that should be like a scared vicious cornered wild dog in the negotiations, what we have is a timid small puppy rolling over to have its tummy rubbed. We are being sold down the river, default inevitable, those acting 'in our interests' are either complicit or dumb - neither is appealing

Ok I have a plan.
1- we default, the Germans will take a 100b hit
2- they throw us out of the eurozone but we stay in the EU
3- Britain loan us the money we need for day to day running of the country, in exchange for having our new currency (the reissued punt) linked to sterling (sterling in all but name)
obvious really...

This four year plan is a joke,no mention of the banks,or the money that the Germans are about to start pumping into them!

First impressions are it is a disaster ... but at least they are consistent in that

Market not impressed with the four year plan,Bonds trading at 9% this evening!

vinnie_roe 24 Nov 10 00:57
i actually have faith in kenny. He might just surprise the lot of us.

I thought I was alone on this one

We default the Germans and the French take a hit of 780 billion which is what the Irish banks owe them

No seriously, I'm not making that figure up. Now divide that by 4,442,215 Irish people to get a real feel of how insane Irish banking policy is.

lets get up of our knees

Hatama I make that 175,588.07 per head

we should never have left the commomwealth imo,

Hatama it also goes to show how insane French, German and also British banking policy is. Should all take a massive loss. The more that emerges the more it looks like those in the government are serving the interests of another group. The question is if this is through incompetence or is someone else paying them

Deal Done,Tax payer taking the full hit!!

Olli Rehn has us by the balls

NPRF gone into banks, this spells long term disaster for the country. Was there anyone actually negotiating for the country?

They are clowns Vasco, Europe told them what Europe wanted and they bent over and said yes

They are telling lies as well. 5.8% average interest rate but that includes 20% of the funding already held by us in PRF so the real interest rate is massive. SELL OUT MOTHERFCUKERS

They have consigned the country to the rubbish dump with the current and the next generation along with it. This is more or less the end of the road for Ireland as a viable state as a default of national debt is now inevitable in a few years. How they think 4.5 million people can shoulder the billion euro gambling debts of banks and institutions is beyond belief

Mr Rehn is at it again today,Saying we MUST pass the Finance Bill now before Election to have any credibility,Cheeky Fecker!

Olli has finaly realised its all starting to unravel..!