Cowan admits government has failed in their econmic planning
There are also fears that The Corpate Tax rate could suffer as part of the bailout
Cowen confirms that Ireland needs financial support | BreakingNews.ie
Cowan admits government has failed in their econmic planning
There are also fears that The Corpate Tax rate could suffer as part of the bailout
Cowen confirms that Ireland needs financial support | BreakingNews.ie
Last edited by Doozer; 19-11-10 at 13:22.
Its he needs help.
IMHO there are four factors that have us where we are today.
(1) Corrupt Banking - Solve this issue by cutting out the middle man and nationalising the banks.
(2) The Pubic Service - In this country they are shockingly under productive and over paid. Privatise the areas that need to be ,contract out ALL council works and have they treated like private sector employees. This includes huge salaries for bosses. Cut them way back.
(3) Uncontrolled immigration. Speaks for itself.
(4) Incompetent ministers. - A minister should have the relevant qualifications.
These are the main areas. Of course controlling inflation etc helps as well.
Sincerely,
Westside.
PS i dont think the IMF will dictate fully in our situation as the EU want to ensure stability of the Eurozone and the Euro. They will have input though. Pubic service cuts ehehhehehhehehehe god i love it. Be drinking that day.
69patrick69 (19-11-10)
Cowan and his mob of wasters are a bunch of incompetent wankers and should be fired without severance packages and pensions.
69patrick69 (19-11-10)
The ppl who caused this whole mess should be brought before the European Court of Justice.
Westside.
Bowing to the inevitable, I fear.
I think Cowen has got something of a raw deal since the crisis started. I think most of the blame lies with Aherne. He left Cowen with no powers, over-spent, and fanned the flames of a economy already out of control.
The Gods are just, and of our pleasant vices
Make instruments to plague us
Actually it is'nt all that difficult to know what is going to happen. Remember all these political statements:
The property market will experience a soft landing.
In the coming years the Irish economy will return to more realistic long term growth rates of 3.5%.
The Irish banks have been stress tested and are sufficiently capitailsed to weather any economic shocks.
The underlying economic fundamentals are sound.
The public sector finances are under control. (Mary "The Darling Girl from Donegal"- Spring 2009
We have turned the corner now. (Brian Lenihan - Dec 2009)
We have enough money until the middle of 2011 and do not need to go back to the bond markets until then.
Ireland does not neet an EU bailout and we are not engaged in talks about a bailout.
You see a pattern emerging here......don't you. What the government says will happen does'nt happen, and what they say wont happen does happen. So this is the way you have to interpret Fianna Fail government speak.
Last edited by carlos marvado; 19-11-10 at 15:37.