Prime Time tonite 9.30

[experienced punter]

what about the part Bertie says that economists warning of the economy ''its a wonder they dont all go away & commit suicide'' talk about being insensitive and 6 months later the economy collapses! financial regulator was described as a 'shy man' bankers 'dined' developers at 16,000 a go likes of Charlie McCreevey & close buddies of banks granted loans straight away no documents/income checks the Golden Circle/mafia is alive & well in this fucked up country

[Westsidex]

the ppl that knew and had an idea about it and did nothing are just as guilty.Same with the bankers.the ppl that knew and did nothing are just as guilty if not moreso.

Westside.

[ber]

the ppl that knew and had an idea about it and did nothing are just as guilty.Same with the bankers.the ppl that knew and did nothing are just as guilty if not moreso.

Westside.

I would 100% blame the regulators because the simple fact is that if there are no sanctions and
penalties people wont stay within the rules,what do people expect,every single one of us would do the same thing push things to the limit. It is only fear of consequence makes people sit up take notice
Ill give u an example we have a speed lmit lets just say all sanction was lifted for speeding, no fines
no penalty points but the limit remained in place, how many people would then obey it? Dont fool
urself people.What happened here was we let it be known from the top on the qt that in order to
get the buisness funnelling through here we would have lax regulation, a nod and a wink job
nothing said but everything understood.What did they expect only that full advantage be taken
of the situation. Just remember that the guy who hires the assasian is as culpable if not more so
than the assasian himself.The thing is we would have a much different country if this never happened because growth would have remained slow so i think in reality as many people wouldnt
have lost there jobs but neither would more than a fraction have been created so u probably
have more people with jobs today despite all the job loses still ,
than if we hadnt the boom
For me the greatest crime is that we raised peoples expectations to unrealistic and unsustainable
levels. The money people were earning couldnt last and we now have the problem that people
have had a taste of this lifestyle and will find it hard to readjust. We came too far too fast it had
to be false how else could u explain the explosion of luxury in just one generation holidays
fancy cars,fancy clothes,houses with every convenience ,why were we suddenly entitled to
this more so than our parents before us,what did we do differently to earn all this.The answer
nothing.Now alot of people just splurged and lived beyond their means and have to take responsibility for that.I know its tempting when the cash is avaliable easily but noone put
a gun to anyones head.I know many parernts that pleaded with their kids to save up a good
deposit and not go down the 100% route,but they only laughed at them and ignored them.
We devoloped a culture where we dont want to work towards and wait for anything, if we cant
have it today its no use,it must be instant gratification.But now we are paying a heavy price
We had devoloped into people that could decide thusday that we would go abroad for the
weekend and fri we were gone,10 years previously if we wanted that holiday we saved and
planned for it for a year.The difference though before we apppreciated it talked about it until
we had saved for another one and really valued our break cause it was a treat. Now its so
run of the mill we go cause we feel a sense of entitlement , probably have forgotten about it
by following tuesday so we dont really get the same value from the experience
I persoally think there is a period of sharp readjustment ahead

[luther]

I agree with every word...........

[experienced punter]

I would 100% blame the regulators because the simple fact is that if there are no sanctions and
penalties people wont stay within the rules,what do people expect,every single one of us would do the same thing push things to the limit. It is only fear of consequence makes people sit up take notice
Ill give u an example we have a speed lmit lets just say all sanction was lifted for speeding, no fines
no penalty points but the limit remained in place, how many people would then obey it? Dont fool
urself people.What happened here was we let it be known from the top on the qt that in order to
get the buisness funnelling through here we would have lax regulation, a nod and a wink job
nothing said but everything understood.What did they expect only that full advantage be taken
of the situation. Just remember that the guy who hires the assasian is as culpable if not more so
than the assasian himself.The thing is we would have a much different country if this never happened because growth would have remained slow so i think in reality as many people wouldnt
have lost there jobs but neither would more than a fraction have been created so u probably
have more people with jobs today despite all the job loses still ,
than if we hadnt the boom
For me the greatest crime is that we raised peoples expectations to unrealistic and unsustainable
levels. The money people were earning couldnt last and we now have the problem that people
have had a taste of this lifestyle and will find it hard to readjust. We came too far too fast it had
to be false how else could u explain the explosion of luxury in just one generation holidays
fancy cars,fancy clothes,houses with every convenience ,why were we suddenly entitled to
this more so than our parents before us,what did we do differently to earn all this.The answer
nothing.Now alot of people just splurged and lived beyond their means and have to take responsibility for that.I know its tempting when the cash is avaliable easily but noone put
a gun to anyones head.I know many parernts that pleaded with their kids to save up a good
deposit and not go down the 100% route,but they only laughed at them and ignored them.
We devoloped a culture where we dont want to work towards and wait for anything, if we cant
have it today its no use,it must be instant gratification.But now we are paying a heavy price
We had devoloped into people that could decide thusday that we would go abroad for the
weekend and fri we were gone,10 years previously if we wanted that holiday we saved and
planned for it for a year.The difference though before we apppreciated it talked about it until
we had saved for another one and really valued our break cause it was a treat. Now its so
run of the mill we go cause we feel a sense of entitlement , probably have forgotten about it
by following tuesday so we dont really get the same value from the experience
I persoally think there is a period of sharp readjustment ahead

But you see I am one of the hundreds of thousands people who didn't have these 3 holidays a year who didn't splurge & lived beyond my means in a job with moderate pay who gain nothing from the Celtic Tiger paying tax, now I have less wages to get by on coz we are simply bailing out the banks it is totally unacceptable noone has been jailed 15 months later imagine what investors abroad think of us there can be no excuse we need an inquiry those responsible must be brought to jail.....

[ber]

But you see I am one of the hundreds of thousands people who didn't have these 3 holidays a year who didn't splurge & lived beyond my means in a job with moderate pay who gain nothing from the Celtic Tiger paying tax, now I have less wages to get by on coz we are simply bailing out the banks it is totally unacceptable noone has been jailed 15 months later imagine what investors abroad think of us there can be no excuse we need an inquiry those responsible must be brought to jail.....

Well i wont get into a debate how much u did or didnt gain but i will say over the past 10 yrs
ure wages definitely increased more than inflation which makes u better off.If u happened to
be a person who purchased a house at an inflated price that was a personal decision,if u didnt
purchase a house ure better off. u may not think ure better off relative to the splurging of other
people ,just look at ure personal situation can u afford the lifestyle that u had 10 years ago
more easily or with more difficulty now. The problem is people even unknow to themselves
are living a much more affluent lifestyle than before,its a gradual process kinda creeps up on
u. Im not talking here about massive extravagances just say few extra pints an odd extra
punt going to the chippers an extra time or two a week spending a bit more on clothes
maybe buying better quality stuff .Add all the little things together and they add up stuff we
take for granted our mobile phone our internet connection our satellite channels which
most people now have are improvements in standard of living. Could u have affored those
luxuries 10 yrs ago. In fairness outside of work if we had to we could all survive without them
things,phone ,internet extra channels ,think could u afford them before how many times
is €20 phone credit used without a second thought. I dare anyone to do a budget and i
guarntee u will be shocked at what u fritter away
As for Jail thats where i would put the regulator instead of giving him a pension. If he was
in the Army he would be court marshalled and shot for derilection of duty