Stacy Summary: h/t @Eileen. Debt to take 10% of all taxes in Ireland by 2011, according to Moody’s, which apparently is slightly better than the amount of Greek and Italian taxes that will go to servicing their debts.
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Stacy Summary: h/t @Eileen. Debt to take 10% of all taxes in Ireland by 2011, according to Moody’s, which apparently is slightly better than the amount of Greek and Italian taxes that will go to servicing their debts.
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The question is want is the “right” way to panic?
“I recommend you panic.”
@Bonn
You have prroblems with taxes on your Audi. I have a simple solution. Don’t buy it.
The hunting season is open on Ireland. Like shooting ducks in a barrel.
I smell burnt greek souvlakis and shish kebabs.
http://www.zerohedge.com/article/europe-prepares-bloodbath-open-after-ireland-lowered-sp-aa-aa-outlook-negative
@ Marc Authier
I did a lotta tinkin
I dont get hysterical over anythang
Not all Germans Are Nazi’s
And I know where ya commin from Even I hear AJ
Take what he says wit a pinch of Salt
Regards
Bonn
Ireland’s National Debt at €84.0bn in June – - 80% held by foreign investors?
http://www.finfacts.ie/irishfinancenews/article_1020168.shtml
@Marc & @Joey
Our time will come!
Fight the Power!
http://www.youtube.com/watch?v=BjlkRH2wl7Q&feature=related
Hey. Joey. You are the canaris in the mine after Iceland, Greece and Spain.
Enjoy Coca Cola.
living in Dublin…we are f*cked!
Man I’m sick to f*ck of this sh*t..I want some chaos! After losing 2 poxy jobs I just cant stand this anymore
@leobrady
No way of exploding. Un défoulement sain. Better than going in Irak.
http://www.youtube.com/watch?v=fcbud6LZ1FA&feature=related
@leobrady
It’s called .’J'ai fait une banqueroute.’
Here’s one for Ireland. We are next.
Means ‘I went bankrupt.’
http://www.youtube.com/watch?v=7KXGSCZM8Zw&feature=related
@leobrady
I like the Irish. They are nice guys and are quite sanguine and share a common history with us even if was forgotten. Celtic you know is not just Irish. We have a lot of Bretons in Québec. There is an real big historical and musical relation between Québec and Ireland. The traditional music here is almost 100% irish. Celtic music in french.
http://www.youtube.com/watch?v=NE6m0hcb46s
Jacques Cartier discoverer of Canada was from Sain-Malo Bretagne. The small Bretagne in France kept its celtic roots.
United Suckers of America
The 5 trillion dollars vampires are back.
http://news.goldseek.com/MerkInvestments/1282661709.php
Who ? Fannie and Freddie are back in the picture.
@Marc Authier
We have to go with the flow and when the opportunity arises we’ll act.
The Irish know the score. And life and living isn’t always about money and lack thereof. They are a people that help each other.
You’re going to blow up one of these days man if you keep your blood pressure up like that.
“Why didn’t the mother potato want her daughter to marry the famous newscaster? … Because he was a commontater.”
So here I are, a “commontater,” commontat’in on the Max & Stacy Show
Once upon a time the Irish believed that carrying a peeled potato in a pocket on the same side as a bad tooth would abate the pain … Now old Hammurabi knew this and thought, “ U know with that kind of logic, u could really f..ck people over with a usury, monetary system” and so he degreed it, 4,000 years ago and to this very day, the Irish[and much of world] still believe.
Hey Bonn. We do not care. A yuppie car. Ride a bicycle or a 2,000$ Tata wonder car. Who cares ! Buy yourself a Hyundait Accant. 10 times less costly and it gets you from point A to poinr B in about the same time. Who cares !
Hey Bonn. Tough love with your fuckin Audi.. We don’t care. Ride a bicycle a 2,000$ Tata car. Who care a fuck anyways about your Audi ? I don’t like Gernan Nazi cars.
Fully pissed Off was tinkin of buyin an AUDI A 4 it cost 100 K here in India But Tee tax I gotta pay is anotter 50 K WTF ?????
a Car ya guys pay fer is 50 K I pay 150 K WTF ????
Indian Govt. Bastar!s
But Will be goin ahead a ear later Anyways NOBODY STOPS BONN
HIC
@leobrady
Yeah yeah yeah. Get by by saying bye bye to Ireland and immigrating massively like in the past. I will be quite amusing seing all these Irish, these Greek immigrating to Germany or the USA. I have a prediction for you. You will soon have a lor of regions in Ireland with 70% unemployment. Yeah. They will get by but not necessarily in Ireland.
The Irish will get by.
They’ve been through much worse.
@Geek
Never said that Canadians weren’t assholes. They are. Specially the English Canadians. The Queen is their only identity. Canadian culture is inexistant. The only thing they have to hang to is that royal fart. I know Geek. Canada was never a country. The place one big fat joke. Irish that immigrated to Canada fighted with the Patriotes in Québec and Ontario to get rid of Queen Vicroria. Unfortunately it failed because English Canadians are even more sheepish.
http://www.youtube.com/watch?v=Y3oFDUBuRoQ
A lot of Irish revolted in Québec agains that scum Queen Victoria. All forgotten. Most Irish are amnesic specially those living here. I hate the British royalty. The problem is that people to much Big Macs.
The strange thing about Ireland is that everyone seems to hate Bono the tax-dodging twat, but then we go and fork out €100+ for a concert ticket.
@F. Beard
No the Vietnamese lost the war, been living in a impoverished prison ever sins, only recently it has begun to look a little better for them. The Vietcong won the war sadly, because the US didn’t make a real war out of it.
They should have used more carpet bombings!
@Marc
If you wanna talk about illusion/delusion mate… on you go.
Harper visited Governor General Michaelle Jean and asked her to dissolve Parliament. The governor general is the representative of Queen Elizabeth II of Britain, who is Canada’s head of state, but the position is purely ceremonial and obeys the wishes of the prime minister.
http://www.nytimes.com/2008/09/07/world/americas/07iht-08canadaFW.15951020.html
In sum the Irish are Subbritish. We get the picture. A sheepish country runned for and by the anglo-irish banksters.Ireland never got rid of its colonial status. It was all an illusion. And then I think about Bono and that other fart Geldoff. and I understand, Potatoe heads running the place. .
FED’s are idiots and bla bla bla, the truth is they are smart people that have a gun to their heads and QE is the only solution to postpone the collapse.
This actually correct the FED has likely done pretty much all it can do aside from some ineffectual QE2.
The only real solutions (fiscal) now must come out of Congress.
Congress is much to schooled in the ways of the Chicago school to do what is needed. So they will attempt the old Stalinist let them eat cake trick.
Lets not get too fixated on the more convential ways to tax a serf population.
Remember now the Irish State is no longer a sovergin state – it is more of a hybridised bank / state model.
Our external bank debt is a least 3 times our sovergin debt which is also mostly external.
However this bank debt requires far more interest payments then our sov paper.
in fact I find it impossible to quantify the external payments to these holders of paper but they must be many times the sov interest payments.
The Irish Economy blog which is chiefly populated by economists linked to the domestic banking establishment state that they cannot obtain such a figure and that some of these instruments may infact be domestically owned which is indeed possible but given the hybrised nature of our sad state it is unable or unwilling to divulge such information !
Remember irish mortgage holders now pay many times above the base rate and domestic deposit holders have taken a interest rate cut to service these bondholders.
So when is the next potatoe-bankster famine in amnesic Ireland ?
Only 10 % ? I am skeptical. That’s only un appéritif, a hors d’oeuvre. Bet you there is much much much much mucho caca pou at Anglo Irish. 10% is the first dish. That’s only for the first serving of bankster shit. There is much more coming.
And yes I love carpet bombings, this really gets me going. Bronky
And yet the primitive Vietnamese won that war. And BTW:
The LORD tests the righteous and the wicked, and the one who loves violence His soul hates. Psalm 11:5
Just friendly advice since I used to be consumed with weapons design myself.
@stacyherbert
They had to bail out the banks. I can live with a economic collapse and I know you and Max want one to happen, but the population can’t, and if and when it happens anyway there will be a revolution, and not a good one.
The ones that don’t want the banks to be bailed out is the same people that think FED’s are idiots and bla bla bla, the truth is they are smart people that have a gun to their heads and QE is the only solution to postpone the collapse.
And yes I love carpet bombings, this really gets me going.
http://www.youtube.com/watch?v=uuS2Tz74y4I
@Dedo
Thank God for Russian tech., slow upload but download great, for free. Keep those sats flying.
Why the Euro is doomed
I like the Pragmatic Capitalist. Also, I think Warren Mosler would be a good guest for the Stacy and Max show.
@David,..You’re going to be issued an ID card/chip,..to enable you to log on to the net,,..and any fees owed will be automatically withdrawn from your account,…for the sake of efficiency of course, and to make your life easier, you understand,….: )
Resistance is futile,…you will be assimilated,.
… the Irish ‘debt’ is almost entirely a result of the heist orchestrated by the banks that were bailed out despite the massive protests of the Irish population Stacy
Good point. So in addition to the public “debt” used for the bailout, the private “debt” remains too. The crooks were bailed out but not their victims. But since the Irish are on the Euro then they can’t simply print up some Euros and distribute them to the population for debt relief.
Ireland, ditch the Euro!
@Stacy,
Philadelphia wants bloggers to start paying taxes,
http://www.reuters.com/article/idUS309462000920100824
Next we will owe a tax for leaving comments on here!!!
Ah @Bronxy drops by with his carpet bombs for banksters; the Irish ‘debt’ is almost entirely a result of the heist orchestrated by the banks that were bailed out despite the massive protests of the Irish population
OMG you have to pay back when you borrow!? Bronxy
Even when the banks pyramid on top of real money 30-1? So your question should really be:
Why do the Irish think debt to a counterfeiting cartel is valid?
Jump down turn around…..
OMG you have to pay back when you borrow!? I had no clue