So who’ll pay for it ? You and I ?
I’ve enough to be doing by rearing my own family not to be paying for some hippy above in west Clare to sit there laughing at me and my wife going out to work to pay his mortgage for him while he sits at home arguing with court appointed officials and the gardai.
If he won’t pay for his house tell him get the fuck out of it and leave in some fella that will.
It’s the same with social welfare and entitlements buddy but the lefties here want to give them more for sitting on their arse.
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Food vouchers would be my choice @Tim_Riggins.
Make it shameful once again to be part of a welfare class.
Social welfare should never be rewarded, stuff like the Christmas Bonus is farcical.
I am in favour of proper pay insurance for employees for a small period of time like elsewhere in the continent, sliding down over a period of months. Then to zero after 15 months.
If you can’t find a job within that period you should emigrate. We are part of an open market.
Charities can handle the ones who stay.
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Social welfare is good for the economy.low taxes for the rich is bad
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Disastrous jobs report this AM in the US. Actual 38K versus 160K consensus, worst number for 6 years. Earlier months revised down, so trend over past 3 months is 180K, 123K and now 38K. The cheerleading clowns will try and paint this as positive as it will put pressure on the Fed to delay raising interest rates, but reality will eventually sink in. Great news for Trump though, the cunt must be laughing his head off.
No rate hikes ever. The new normal
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As my information at the start of may indicated, US multinationals have shut up shop in terms of hiring .
There’s a cunt from the White House on now saying things are still wonderful, and they don’t take a bad month’s data seriously, no more than a good month’s data.
- It’s 3 months, so a trend.
- Every time we had an above average jobs number, Obama held a press conference to rejoice.
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Nobody likes a know it all.
You know nothing
Stryker are flat out hiring lads
John Oliver discusses debt buyers. Astonishing, but the bit around the 13 minute mark is, while not surprising, fucking scary.
Getting a bit of traction, given how he claims to have given awaymore money than Oprah in one show
Would some of the clever lads on here pick a few holes in this.
I’d say all the banks offer fixed rates for mortgages mate. I have one in fact.
One of the only valid reasons rates are so high for mortgages in this country is that it’s virtually impossible to repossess one. If you don’t pay your mortgage in Germany id say your out on ear fairly lively. Not the case here
I hadn’t seen your post when I added mine above but this is essentially it.
There is an economist seamus coffey has been tracking the repossession courts it’s a joke. Fellas not paying for years and then don’t show up to court and the case is just kicked on for 6 months in their absence to give them a chance
The US funds did not take this into account when buying those shitty portfolios
On the other hand, the mortgage debt follows the borrower not the security on the debt. So when banks fuck up their sums they don’t have to accept the security back and take any resultant loss, they get to saddle the borrower with the debt for life/til bankruptcy.
In virtually all of these cases the house is worth far more than anything you could collect from a bankrupt. Sure bankruptcy over in 12 months now
Not in the case of a house in negative equity. And often in that situ the banks will prefer to keep a a bad debt on the books showing as an asset rather than pursuing the repossession and taking a loss.
In the John Oliver thing?
Forgiveness will lead to an immediate tax bill for those whose debt is forgiven as they will be deemed to have earned the amount forgiven as income. Instead of having some debt holder chasing them they will have the IRS chasing them. The IRS takes no shit ask JP McManus.
In fairness to Oliver they seem to be aware the potential tax issues and are trying to manage them.