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Thread: Morons at Dept Of Finance: Ireland is €3.6bn richer after government 'error'

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    Default Morons at Dept Of Finance: Ireland is €3.6bn richer after government 'error'


    In light of below- question is - do we need more or less Morons looking after Ireland's books??

    Minister to examine €3.6bn error

    Minister for Retards (Finance) Michael Noonan: said he first learned of the issue yesterday and had decided it was something that should be made public.Minister for Finance Michael Noonan: said he first learned of the issue yesterday and had decided it was something that should be made public.

    A €3.6 billion accounting error, which reduces the State's outstanding debt by some 2.3 per cent of gross domestic product, will have no impact on the Budget, Minister for Finance Michael Noonan confirmed today.

    The Department of Finance and the National Treasury Management Agency yesterday clashed over responsibility for the mistake.

    The error arose due to the inaccurate accounting of the NTMA’s borrowings to the Housing Finance Agency, which provides loan finance to local authorities and voluntary housing bodies.

    More at - http://www.irishtimes.com/newspaper/...reaking11.html
    Last edited by Franken996; 02-11-11 at 16:08.

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    If this crap happened in the private sector heads would roll , wait it did in the banking sector and noting .
    Shows what those at the top think of the rest of us .: doc
    Never mistake kindness for weakness .: doc

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    Franken996 (02-11-11)

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    the kicker is it wont effect the budget to recover 3,6 billion
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    and the decision to repay those hedge.fund guys several hundred million of unsecured looses at the expense of the tax payer. even though a.lot of small self employed are going to the wall and wont even get the dole when they do
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    Franken996 (02-11-11)

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    Quote Originally Posted by Doozer View Post
    the kicker is it wont effect the budget to recover 3,6 billion
    So it seems doozer ,some kicker .: doc
    Never mistake kindness for weakness .: doc

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    Quote Originally Posted by dr love View Post
    So it seems doozer ,some kicker .: doc
    kick in the stones doc
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    dr love (02-11-11)

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    Quote Originally Posted by Doozer View Post
    kick in the stones doc
    Can't argue that doozer and I agree with ya .: doc
    Never mistake kindness for weakness .: doc

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    Quote Originally Posted by dr love View Post
    Can't argue that doozer and I agree with ya .: doc
    its worse than kicking a man when he is down. they are kicking the country when its down
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    Quote Originally Posted by Doozer View Post
    its worse than kicking a man when he is down. they are kicking the country when its down
    But we will be given a load of financial spin that only a few will understand ,as to the why what ifs and so forth .Enough to make your blood boil .: doc
    Never mistake kindness for weakness .: doc

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    Quote Originally Posted by dr love View Post
    But we will be given a load of financial spin that only a few will understand ,as to the why what ifs and so forth .Enough to make your blood boil .: doc
    government should follow the greeks and hold a referendum to see if we should pay them back
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