Sinn Fein and ULA walked out of Dail today. Adams, Ross and Boyd Barrett were all very impressive. Kenny meanwhile says he is not one for hysterics. Perhaps he should be.
You left out what the greeks really contributed to the world, bumming.
Great speech by Stephen Donnelly in the Dail today. Calm and well reasoned.
Similarly calm and well reasoned speech:
https://www.youtube.com/watch?v=aVlNZ3SIPbo
eature=player_embedded
"These fuckshites had gone to the hills with billions of dollars in bonuses :lol: "
Fuckshite is a great word.
That’s very disappointing. He was obviously messing in the first video when he tells him to fuck off at the end.
Who the hell is this lad?
http://www.youtube.com/watch?v=Pu3IT1kGavE
Excellent summary of the position and the FG hypocrisy.
Thanks rocko. Thanks wtb. Appreciate the kind words said about Simon.
Wtb where did you get that video of Stephen from? Can you throw up Ross, Adams and Boyd Barrett if you have them please.
Think we are closing in on disaster in Eurozone. I think they might pull all funding from Greece to let them know prior to referendum exactly what it will feel like out in cold. Think they are fucked and could be fucked for decades. Scary shit. Italian bond yields moving north anyways.
I put bulk of my available cash into a stg account few weeks ago. Just in case.
Simon?
Slip of the keyboard. Stephen Donnelly as opposed to the giant of a politician that is Simon Harris
I cleared mine out as well. It’s not good.
Investec had a decent Danish Krone account offering last month. Could put a deposit in at a fairly shit interest rate but at maturity you got to withdraw at the current FX rate or the rate on the day you made the deposit. Good option for maintaining some value.
Anyway here’s a question: why can’t the Irish government buy up all the Anglo bonds on the secondary bond market. If we’re not going to default because the ECB won’t let us, but the bonds are trading below maturity value because of the perceived risk of default then could we not just close out the future losses by hoovering up everything that became available and we’d get the “benefit” of the low prices now which would represent a default of sorts.
Shane Ross put this question to Kenny this morning in leaders’ questions. Kenny mumbled a one line response to the effect that he didn’t ask for it to be done. RTE had some FG TD called Regina on from the Dail as part of their coverage this morning. I was alarmed at how little she knew about the issue. She actually knew fuck and was a monumental embarrassment to FG.
I’ve left my €453 in my current account. It’s not
worth the hassle of converting it to sterling.
Apart from the financial consequences of this crisis, it’s becoming dreadfully boring. Another Euro crisis. Yawn.
Greek Government going to collapse.
3 MPs have now said they will be abstaining from tomorrows vote of confidence or any vote on a referendum. This means Papandreau no longer has a majority in the parliment. His Finance Minister has also come out against him. He’ll be lucky to see the end of the day.
[quote=“The Runt, post: 519867”]Greek Government going to collapse.
3 MPs have now said they will be abstaining from tomorrows vote of confidence or any vote on a referendum. This means Papandreau no longer has a majority in the parliment. His Finance Minister has also come out against him. He’ll be lucky to see the end of the day.[/quote]
Runt, your daily updates on the financial crisis are very much appreciated.
The Runt- what are the implications for the bailout package of a Greek government collapse ?[quote=“The Runt, post: 519867”]
Greek Government going to collapse.
3 MPs have now said they will be abstaining from tomorrows vote of confidence or any vote on a referendum. This means Papandreau no longer has a majority in the parliment. His Finance Minister has also come out against him. He’ll be lucky to see the end of the day.
[/quote]
Runt should I look at moving around the €35.87 I currently have in savings acounts spread out between BOI, AIB & Irish Perm?
Potentially positive as they may not call a referendum now.
Talks a coalition government will be cobbled together to pass the bill. No saying they can get a group to agree to that either though or how long it will take.
Ze Germans & Le French have said no more money for the Greeks until they pass it. They’ll be bust by the end of November at the latest according to most estimates.