Go Back   Peoples Republic Of Cork Discussion Forums > Current & Local Affairs Forum
User Name
Password
Reply
 
Thread Tools Display Modes
  #11  
Old 28-02-2012, 07:36 PM
hemlock666 hemlock666 is offline
Member
 
Join Date: Sep 2004
Location: Cork Bohy...
Posts: 1,638
Default

Quote:
Originally Posted by rebelicecreamman View Post
1. The funds bolstering failed banks aren't ours to divert.

2. How will you close the 15 billion euro structural deficit overnight?

3. What is wrong with an imperative on government to balance budgets?
1. They are ours to repay however. Nice how that works out isnt it.

2. You cant do this overnight either way regardless of what ever magic wand treaty the EU pulls out of its arse.

3. Nothing wrong with this. It should be a mimimum expectation of those in charge. Its the nature of the imperative thats the doozie.
__________________
I pickle they
Reply With Quote
  #12  
Old 28-02-2012, 08:13 PM
rebelicecreamman rebelicecreamman is offline
Senior Member
 
Join Date: Jan 2009
Posts: 6,665
Default

Quote:
Originally Posted by hemlock666 View Post
1. They are ours to repay however. Nice how that works out isnt it.

2. You cant do this overnight either way regardless of what ever magic wand treaty the EU pulls out of its arse.

3. Nothing wrong with this. It should be a mimimum expectation of those in charge. Its the nature of the imperative thats the doozie.
If you advocate default, as you seem to, then you have to eliminate the deficit instantly. Now that would be austerity.
Reply With Quote
  #13  
Old 29-02-2012, 09:43 AM
Langeroo Langeroo is offline
Member
 
Join Date: Feb 2012
Posts: 60
Default

Quote:
Originally Posted by rebelicecreamman View Post
Vote NO to prudent management of the economy.
Watch out Basher, your sarcasm might be too subtle for some of the contributors here based on the quality of discussion thus far.

Personally I want to hear the debate, but compelling government to a reponsible financial policy is basically a good thing. If they don't mess it up!
Reply With Quote
  #14  
Old 29-02-2012, 10:52 AM
leesider leesider is offline
Member
 
Join Date: Jun 2002
Location: Down under with a view to above!
Posts: 1,168
Default

most economists think this treaty is a load of bollox but that it is in Ireland's best interests to sign up, not because of what the actual treaty entails but from what leeway we might get by being good boys and girls!
Reply With Quote
  #15  
Old 29-02-2012, 11:04 AM
Langeroo Langeroo is offline
Member
 
Join Date: Feb 2012
Posts: 60
Default

Quote:
Originally Posted by leesider View Post
most economists think this treaty is a load of bollox but that it is in Ireland's best interests to sign up, not because of what the actual treaty entails but from what leeway we might get by being good boys and girls!
They have a point.
Reply With Quote
  #16  
Old 29-02-2012, 11:19 AM
KD Langer KD Langer is offline
Senior Member
 
Join Date: Jun 2008
Posts: 19,092
Thumbs up

Quote:
Originally Posted by hemlock666 View Post
Drop the household charge.
Cancel the Croke Park Agreement.
Jail Quinn & the "businessmen" who fucked the place.
Tell unsecured bondholders to fuck themselves.
Get Bertie, Cowen and all the others trough feeders before an independent investigation into their missmanagement of the nations assets.
Divert the funds bolstering failed banks into infrastructure and employment.


Then I might think about it.
Well said.
__________________
Quote:
Originally Posted by Sir Alex Ferguson View Post
yous are all fucking idiots
Reply With Quote
  #17  
Old 29-02-2012, 12:01 PM
Patty Flowers Patty Flowers is offline
Banned
 
Join Date: Oct 2011
Posts: 4,807
Default

Quote:
Originally Posted by leesider View Post
most economists think this treaty is a load of bollox but that it is in Ireland's best interests to sign up, not because of what the actual treaty entails but from what leeway we might get by being good boys and girls!
most economists ARE bollox.
Reply With Quote
  #18  
Old 29-02-2012, 12:12 PM
How bad boy How bad boy is offline
Senior Member
 
Join Date: Nov 2003
Location: MassiveJockNerdLandia
Posts: 13,443
Default

Quote:
Originally Posted by rebelicecreamman View Post
3. What is wrong with an imperative on government to balance budgets?
This is my problem with it.


In good years, you run a government spending surplus.

In bad years, you run a government spending deficit.

It's pretty simple stuff, and by far the best way of managing an economy.

Preventing this by law is simply moronic, which is what "Balanced budget" laws are. Balanced budget laws assume spending and income are always perfectly match.

They don't.
__________________
Looking for work?
FAS Jobbank
jobseeker.fas.ie
Gradlink Interns
www.ibec.ie/Sectors/GIP/GradLink.nsf/SearchInternships?Op enForm
Free training for the unemployed
www.bluebrick.ie/Springboard/
Reply With Quote
  #19  
Old 29-02-2012, 12:19 PM
INFERNO INFERNO is offline
Senior Member
 
Join Date: Apr 2006
Posts: 11,390
Default

well said

Balanced budget is a goal, not an imperative.
__________________
Inferno Radio
أنا لاسلطوي
Reply With Quote
  #20  
Old 29-02-2012, 01:11 PM
How bad boy How bad boy is offline
Senior Member
 
Join Date: Nov 2003
Location: MassiveJockNerdLandia
Posts: 13,443
Default

Quote:
Originally Posted by INFERNO View Post
well said

Balanced budget is a goal, not an imperative.
I wouldn't even say it's a goal, to be honest.

For example, Ireland is now getting a handle on the crisis, the next step needs to be thinking about paying back the debt, so by, say, 2015, Ireland should be running a few percent surplus, to gradually pay it back.

It should run that for as long as possible, until the inevitable next crisis/recession.
__________________
Looking for work?
FAS Jobbank
jobseeker.fas.ie
Gradlink Interns
www.ibec.ie/Sectors/GIP/GradLink.nsf/SearchInternships?Op enForm
Free training for the unemployed
www.bluebrick.ie/Springboard/
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump








PROC Gig Guide
The Monday Showcase
The Oliver Plunkett, Oliver Plunkett St.

Monday 9th June @ 9:30 pm


PROC Gig Guide
We Were There
Cork Arts Theatre, Carroll's Quay, 8pm

My Education, My Future
James Barry Exhibition Centre, CIT Bishopstown Cam, 10am

Views: An Exhibition By Elisenda Caamano
The Beggarman, Gillabbey Street, 6pm

Cork City FC V Drogheda United FC
Turners Cross Stadium, 7:45 pm


All times are GMT +1. The time now is 04:35 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
All forum comments are the sole responsibility and property of forum users. PeoplesRepublicOfCork.com and its sponsors disclaim all liability for content posted by users of the forum. PeoplesRepublicOfCork.com and its sponsors do not necessarily share the views expressed in this forum. Use the report post system to have comments considered for edit or deletion. All users are IP logged. Website hosted by Hostrocket USA.