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pre Madonna
Robbie Keane
I am MALDING
Joined: 30 Nov 2014
Location: Trumpton
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Posted: 17 Dec 2018 at 2:34pm |
I don't know the ins and outs of this situation, and I agree economics should be taught in schools.
I do think though, and I am very much on the left, I don't even agree with private property at all, but that's an aside, that people have to take some responsibility for their actions. People taking mortgages out that they can't afford are hurting those at the bottom too. I understand that is more difficult to live within your means when you are trying to look after your family and the whole 'property market' is run by a bunch of robbing ****s and badly regulated, but a lot of the time in Ireland, and we all know this is true,people overextended themselves for reasons that weren't altruistic. People became as greedy as the bankers are and it ended in a right mess. By taking out mortgages that they struggle to pay back, they are pushing up the prices for lads trying to buy an affordable home for their family. I
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nvidic
Moderator Group
Joined: 03 Aug 2010
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Posted: 17 Dec 2018 at 2:48pm |
OohAah... wrote:
nvidic wrote:
reddladd wrote:
Banks spin. Bottom line is if they lent money in the correct manner we wouldn't have gotten into the mess. It's great the ways people are blaming a few people who don't pay their mortgages as the reason we have high interest rates.
Dodgy loans from banks are the reason we pay high interest rates now and sure we won't mention banks profits in the last couple of years either!
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What's your solution so? |
Short Term: Governments to protect people from eviction.
Long Term: Education. Economics should be a mandatory subject in schools. It would lead to the next generation been aware of the basics and be able to see economics from every particular situation. From the Banks perspective to the Mortgage holders perspective. |
How does that help banks with their bad loans now?
I'm one year into a 25 year mortgage, if I stop paying for a few years, won't engage in payment plans etc then I think I would deserve to be turfed out. There's obviously some genuine cases but always reading about people who've not made a payment in years contesting convictions.
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nvidic
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Posted: 17 Dec 2018 at 2:50pm |
OohAah... wrote:
Most people will only argue from their own relative economic situation and relate to that.
In a country everyone is complicit.
If I lent someone 20 pounds, and they didnt pay me back. Who gets burnt? Me. Does the Government bail me out? No. Can I go to the courts and get a court order to forcibly get the money back by use of force? No
Why is it different for banks?
Because they have the foot on the throat of the economy in a country and government will bail them out. They have too much power and our the 21st century landlords in Ireland. |
Bit different lending a mate a score as a favour than a six figure loan, taken out against an asset, with a contract signed clearly stating what happens if you default.
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sid waddell
Roy Keane
On a dark desert highway
Joined: 20 Nov 2009
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Points: 12173
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Posted: 17 Dec 2018 at 2:59pm |
OohAah... wrote:
Most people will only argue from their own relative economic situation and relate to that.
In a country everyone is complicit.
If I lent someone 20 pounds, and they didnt pay me back. Who gets burnt? Me. Does the Government bail me out? No. Can I go to the courts and get a court order to forcibly get the money back by use of force? No
Why is it different for banks?
Because they have the foot on the throat of the economy in a country and government will bail them out. They have too much power and our the 21st century landlords in Ireland. |
Again, what's the difference between these people and the O'Donnells of Vico Road?
The O'Donnells were chancers.
So are this crowd.
You are basically arguing for the disintegration of the banking system and for everybody to lose their life savings.
There's so much bullsh*t written about evictions in Ireland. Utterly ridicuolus comparisons between the 1880s and freeloading chancers today.
The irony is that the same gobsh*tes who support these chancers are the same people who vilify the genuine poor and homeless.
The Land League was an actual social justice movement.
The likes of these "Freemen On The Land" crackpots, the so called "New Land League" of ultra-gobsh*te Jerry Beades, and these Yellow Vest gobsh*tes are far right defenders of the idea of a privileged, oligarchic, propertied class. And to hell with everybody else.
In another life, these are the sort of scum who would have been off fighting for Franco in Spain.
Edited by sid waddell - 17 Dec 2018 at 3:01pm
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OohAah...
Ray Houghton
Joined: 09 Apr 2011
Location: Ireland
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Points: 3395
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Posted: 17 Dec 2018 at 3:08pm |
Saint Tom wrote:
OohAah... wrote:
nvidic wrote:
reddladd wrote:
Banks spin. Bottom line is if they lent money in the correct manner we wouldn't have gotten into the mess. It's great the ways people are blaming a few people who don't pay their mortgages as the reason we have high interest rates.
Dodgy loans from banks are the reason we pay high interest rates now and sure we won't mention banks profits in the last couple of years either!
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What's your solution so? |
Short Term: Governments to protect people from eviction.
Long Term: Education. Economics should be a mandatory subject in schools. It would lead to the next generation been aware of the basics and be able to see economics from every particular situation. From the Banks perspective to the Mortgage holders perspective. | why would anyone pay their mortgage if there was no consequences for defaulting? |
Correct. But in light that evictions like these came under the shambles of the bust, where banks had to be bailed out, then so should the people. I.e. An Exception
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OohAah...
Ray Houghton
Joined: 09 Apr 2011
Location: Ireland
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Points: 3395
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Posted: 17 Dec 2018 at 3:11pm |
nvidic wrote:
OohAah... wrote:
nvidic wrote:
reddladd wrote:
Banks spin. Bottom line is if they lent money in the correct manner we wouldn't have gotten into the mess. It's great the ways people are blaming a few people who don't pay their mortgages as the reason we have high interest rates.
Dodgy loans from banks are the reason we pay high interest rates now and sure we won't mention banks profits in the last couple of years either!
|
What's your solution so? |
Short Term: Governments to protect people from eviction.
Long Term: Education. Economics should be a mandatory subject in schools. It would lead to the next generation been aware of the basics and be able to see economics from every particular situation. From the Banks perspective to the Mortgage holders perspective. |
How does that help banks with their bad loans now?
I'm one year into a 25 year mortgage, if I stop paying for a few years, won't engage in payment plans etc then I think I would deserve to be turfed out. There's obviously some genuine cases but always reading about people who've not made a payment in years contesting convictions. |
I dont know if they are chancers or genuine. tbh. And I agree chancers dont help and are a factor but they arent the main reason why interest rates are so high. Interest rates are high because banks are trying to cream as much profits as they can
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OohAah...
Ray Houghton
Joined: 09 Apr 2011
Location: Ireland
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Points: 3395
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Posted: 17 Dec 2018 at 3:13pm |
sid waddell wrote:
OohAah... wrote:
Most people will only argue from their own relative economic situation and relate to that.
In a country everyone is complicit.
If I lent someone 20 pounds, and they didnt pay me back. Who gets burnt? Me. Does the Government bail me out? No. Can I go to the courts and get a court order to forcibly get the money back by use of force? No
Why is it different for banks?
Because they have the foot on the throat of the economy in a country and government will bail them out. They have too much power and our the 21st century landlords in Ireland. |
Again, what's the difference between these people and the O'Donnells of Vico Road?
The O'Donnells were chancers.
So are this crowd.
You are basically arguing for the disintegration of the banking system and for everybody to lose their life savings.
There's so much bullsh*t written about evictions in Ireland. Utterly ridicuolus comparisons between the 1880s and freeloading chancers today.
The irony is that the same gobsh*tes who support these chancers are the same people who vilify the genuine poor and homeless.
The Land League was an actual social justice movement.
The likes of these "Freemen On The Land" crackpots, the so called "New Land League" of ultra-gobsh*te Jerry Beades, and these Yellow Vest gobsh*tes are far right defenders of the idea of a privileged, oligarchic, propertied class. And to hell with everybody else.
In another life, these are the sort of scum who would have been off fighting for Franco in Spain.
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I dont know if they are chancers or genuine. I agree there are chancers but they arent the reaon interest rates are high.
You can have a go at the yellow vests, but they are only the morror image of a banks forceful bailliffs. Why should force be acceptable just because a bank can afford the legal route and hire them.
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OohAah...
Ray Houghton
Joined: 09 Apr 2011
Location: Ireland
Status: Offline
Points: 3395
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Posted: 17 Dec 2018 at 3:16pm |
nvidic wrote:
OohAah... wrote:
Most people will only argue from their own relative economic situation and relate to that.
In a country everyone is complicit.
If I lent someone 20 pounds, and they didnt pay me back. Who gets burnt? Me. Does the Government bail me out? No. Can I go to the courts and get a court order to forcibly get the money back by use of force? No
Why is it different for banks?
Because they have the foot on the throat of the economy in a country and government will bail them out. They have too much power and our the 21st century landlords in Ireland. |
Bit different lending a mate a score as a favour than a six figure loan, taken out against an asset, with a contract signed clearly stating what happens if you default. |
I didnt say he was a mate
only messing
Its like the old saying if you owe the bank 1000 euro, your in trouble and if you owe them 1000000 euro they are in trouble. However if you owe them the proce of the mortgage its all your fault, regardless that the bank didnt do their homework and equally were betting on the viability of the property market
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nvidic
Moderator Group
Joined: 03 Aug 2010
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Points: 18994
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Posted: 17 Dec 2018 at 3:16pm |
OohAah... wrote:
nvidic wrote:
OohAah... wrote:
nvidic wrote:
reddladd wrote:
Banks spin. Bottom line is if they lent money in the correct manner we wouldn't have gotten into the mess. It's great the ways people are blaming a few people who don't pay their mortgages as the reason we have high interest rates.
Dodgy loans from banks are the reason we pay high interest rates now and sure we won't mention banks profits in the last couple of years either!
|
What's your solution so? |
Short Term: Governments to protect people from eviction.
Long Term: Education. Economics should be a mandatory subject in schools. It would lead to the next generation been aware of the basics and be able to see economics from every particular situation. From the Banks perspective to the Mortgage holders perspective. |
How does that help banks with their bad loans now?
I'm one year into a 25 year mortgage, if I stop paying for a few years, won't engage in payment plans etc then I think I would deserve to be turfed out. There's obviously some genuine cases but always reading about people who've not made a payment in years contesting convictions. |
I dont know if they are chancers or genuine. tbh. And I agree chancers dont help and are a factor but they arent the main reason why interest rates are so high. Interest rates are high because banks are trying to cream as much profits as they can |
Most analysis would say it's to do with people taking an age to be evicted as opposed to the profits.
Do you not think banks should be allowed to make profits? They're commercial companies.
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sid waddell
Roy Keane
On a dark desert highway
Joined: 20 Nov 2009
Status: Offline
Points: 12173
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Posted: 17 Dec 2018 at 3:22pm |
OohAah... wrote:
sid waddell wrote:
OohAah... wrote:
Most people will only argue from their own relative economic situation and relate to that.
In a country everyone is complicit.
If I lent someone 20 pounds, and they didnt pay me back. Who gets burnt? Me. Does the Government bail me out? No. Can I go to the courts and get a court order to forcibly get the money back by use of force? No
Why is it different for banks?
Because they have the foot on the throat of the economy in a country and government will bail them out. They have too much power and our the 21st century landlords in Ireland. |
Again, what's the difference between these people and the O'Donnells of Vico Road?
The O'Donnells were chancers.
So are this crowd.
You are basically arguing for the disintegration of the banking system and for everybody to lose their life savings.
There's so much bullsh*t written about evictions in Ireland. Utterly ridicuolus comparisons between the 1880s and freeloading chancers today.
The irony is that the same gobsh*tes who support these chancers are the same people who vilify the genuine poor and homeless.
The Land League was an actual social justice movement.
The likes of these "Freemen On The Land" crackpots, the so called "New Land League" of ultra-gobsh*te Jerry Beades, and these Yellow Vest gobsh*tes are far right defenders of the idea of a privileged, oligarchic, propertied class. And to hell with everybody else.
In another life, these are the sort of scum who would have been off fighting for Franco in Spain.
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I dont know if they are chancers or genuine. I agree there are chancers but they arent the reaon interest rates are high.
You can have a go at the yellow vests, but they are only the morror image of a banks forceful bailliffs. Why should force be acceptable just because a bank can afford the legal route and hire them. |
Who was using force again?
These so called "anti-eviction protestors" ****s set fire to cars and killed dogs.
Far right thugs, that's what they are.
Lock 'em up.
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randyrandolph
500 Club la la la
Joined: 09 May 2016
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Points: 685
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Posted: 17 Dec 2018 at 3:45pm |
regardless of the background, i find it remarkable that people are relaxed about former udr members being hired by banks down here to drag old people out of their homes. i hope these "security" fellas enjoy their Christmas dinner through a straw.
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sid waddell
Roy Keane
On a dark desert highway
Joined: 20 Nov 2009
Status: Offline
Points: 12173
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Posted: 17 Dec 2018 at 3:55pm |
randyrandolph wrote:
regardless of the background, i find it remarkable that people are relaxed about former udr members being hired by banks down here to drag old people out of their homes. i hope these "security" fellas enjoy their Christmas dinner through a straw. |
I hope they're ex-Shankill Butchers, and I hope they dish out a few kneecappings on the Roscommon freeloaders for the craic.
Any chance we could un-dead Lenny Murphy for a couple of days?
Lenny Puts a hole in your head for Christmas Gonna boot out your family
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OohAah...
Ray Houghton
Joined: 09 Apr 2011
Location: Ireland
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Points: 3395
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Posted: 17 Dec 2018 at 3:59pm |
nvidic wrote:
OohAah... wrote:
nvidic wrote:
OohAah... wrote:
nvidic wrote:
reddladd wrote:
Banks spin. Bottom line is if they lent money in the correct manner we wouldn't have gotten into the mess. It's great the ways people are blaming a few people who don't pay their mortgages as the reason we have high interest rates.
Dodgy loans from banks are the reason we pay high interest rates now and sure we won't mention banks profits in the last couple of years either!
|
What's your solution so? |
Short Term: Governments to protect people from eviction.
Long Term: Education. Economics should be a mandatory subject in schools. It would lead to the next generation been aware of the basics and be able to see economics from every particular situation. From the Banks perspective to the Mortgage holders perspective. |
How does that help banks with their bad loans now?
I'm one year into a 25 year mortgage, if I stop paying for a few years, won't engage in payment plans etc then I think I would deserve to be turfed out. There's obviously some genuine cases but always reading about people who've not made a payment in years contesting convictions. |
I dont know if they are chancers or genuine. tbh. And I agree chancers dont help and are a factor but they arent the main reason why interest rates are so high. Interest rates are high because banks are trying to cream as much profits as they can |
Most analysis would say it's to do with people taking an age to be evicted as opposed to the profits.
Do you not think banks should be allowed to make profits? They're commercial companies. |
Its only right that its taking an age to evict people.
Ofcourse they should but the problem is banks are geared toward profits only and without proper control on them profit hunting leads to the detrement of society.
Edited by OohAah... - 17 Dec 2018 at 4:00pm
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Het-field
Roy Keane
By Appointment to His Majesty The King
Joined: 08 Mar 2016
Status: Online
Points: 10641
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Posted: 17 Dec 2018 at 4:05pm |
randyrandolph wrote:
regardless of the background, i find it remarkable... |
After repossession happens it’s not “their home” anymore.
And the concept of roaming vigilantes impeding lawful evictions though violence and destruction is something far more sinister.
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sid waddell
Roy Keane
On a dark desert highway
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Posted: 17 Dec 2018 at 4:18pm |
Yer man owed 429k to Revenue.
A fooking chancer and a crook.
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randyrandolph
500 Club la la la
Joined: 09 May 2016
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Posted: 17 Dec 2018 at 4:24pm |
Het-field wrote:
randyrandolph wrote:
regardless of the background, i find it remarkable... |
After repossession happens it’s not “their home” anymore.
And the concept of roaming vigilantes impeding lawful evictions though violence and destruction is something far more sinister. |
again i dont know the facts of this case but id suggest if your grandparents were dragged from where they live by a bunch of hired mercenaries you might hold a different view.
some heartless f**ks on here.
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Het-field
Roy Keane
By Appointment to His Majesty The King
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Posted: 17 Dec 2018 at 4:27pm |
randyrandolph wrote:
again i dont know the facts of this case but id suggest if your grandparents were dragged from where they live by a bunch of hired mercenaries you might hold a different view.
some heartless f**ks on here. |
And if it was one of my relatives hospitalised by a roaming gang of thugs I wouldn’t like it either. But that’s all appealing to emotion, which is pointless. A repossession happens on the back of a long and arduous process. Repossessions don’t happen overnight.
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sid waddell
Roy Keane
On a dark desert highway
Joined: 20 Nov 2009
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Posted: 17 Dec 2018 at 4:31pm |
randyrandolph wrote:
Het-field wrote:
randyrandolph wrote:
regardless of the background, i find it remarkable... |
After repossession happens it’s not “their home” anymore.
And the concept of roaming vigilantes impeding lawful evictions though violence and destruction is something far more sinister. |
again i dont know the facts of this case but id suggest if your grandparents were dragged from where they live by a bunch of hired mercenaries you might hold a different view.
some heartless f**ks on here. |
If they'd paid any tax, made any repayments, or walked out, they wouldn't have been dragged out.
This case is a trojan horse for the racist far right in this country who offer only misery and the deliberate break down of society, make no mistake.
As are the so called "Yellow Vests".
Gilroy and his likes are unashamedly fascist thugs.
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