What is wrong with us thicks?

[john m]

Socialism is starved of resources, Capitalism is devoid of common sense.

 Taxidriving combines both .No money no sense most of us  operate in a Utopian configuration of blissful indifference .

[mercenary for hire]

You'll live longer that way Erm.

[The Liffey Lip]

I don't really see why a distraction would be considered desirable, Hippo. The levy dictates that banks are getting a worse deal than anyone else as far as carrying forward losses goes. Maybe the PAYE sector wouldn't fully appreciate that but, even so, as you note the state holds considerable equity in the banking sector so, to that extent, levies/corpoation tax only serve to move money from one hand to the other.

Another kick in the bollox for those foolish enough to maintain payments to said bank regarding mortgage debt...people can't deal with bad news on top of being shafted...Sir Humphrey etc.

[mercenary for hire]

Have ya ever had a mortgage Ll?it's actually really difficult to get a free gaff or debt written off from the banks.Ya have to go unemployed for a few years and qualify for social housing under the new scheme.Better to pay the mortgage.Strategic defaulting is tougher than it sounds.Otherwise all of us would try it.

[The Liffey Lip]

Plenty have it seems and successfully so, Mercenary and I have a mortgage...David Hall has well over a thousand customers since it first crossed his mind. It would appear the fools are the ones who continue to shake their heads in disbelief at what is before them.

[mercenary for hire]

I had him in the car one day he genuinely believes in what he's doing.There's always a few chancers gonna try to get something for free.I'd prefer to sleep at night though.

[The Liffey Lip]

On topic...AIB bosses 3-0 Honest folks.

[Shallowhal]

There are people living in their gaffs for years now...free of charge,have made no effort to pay....and now will get the choice to stay in their preferred location,pay rent at social housing level and have the option to buy the gaff from iCare at the price they bought it from the bank.....meanwhile me and me missus will contine to pay...for the privilege!!

[The Liffey Lip]

Socialism is starved of resources, Capitalism is devoid of common sense.

 Taxidriving combines both .No money no sense most of us  operate in a Utopian configuration of blissful indifference .

Leo's getting to you...

[The Liffey Lip]

There are people living in their gaffs for years now...free of charge,have made no effort to pay....and now will get the choice to stay in their preferred location,pay rent at social housing level and have the option to buy the gaff from iCare at the price they bought it from the bank.....meanwhile me and me missus will contine to pay...for the privilege!!

Correct and true for you. You see I brought up the tax deal the AIB have with revenue to highlight how they drop clangers hidden behind A-Bombs. Anyway, shallow, as Mercenary said...you'll sleep better than the chancers at night.

[john m]

FFS simple supply and demand .Restrict the supply .How ?make sure that you dont throw out the residents in situ or those thousands of houses will become available for sale and satisfy demand forcing down the price of houses and encouraging more people not to pay if they are in negative equity . The state will then have to pick up the tab Remember the lad who use to be purchasing the house is now the tenant  and his rent can be increased with inflation unlike his mortgage which will decrease as he pays it off  .David Hall represents big money investors who are buying your gaff out from under you for what you owe the banks .They are getting your equity for nothing with a promise of allowing you buy out the remainder of the loan at a future date ..Its just Dollar juggeling where the banks can get rid of bad home loans and make off like bandits while looking like they care .

  If you have the money to buy a house but the banks are fiddiling the market to drive up house prices which increase their book of assets increase their share price  Now they can borrow more money on the markets against their assetts and then they can afford to lend you more to buy your more expensive home .

 The end game return to the Past but it wont be Local authorities who build huge rental estates it will be Arab or Chino Sovreign Wealth Funds .Workers wont be able to afford to buy a home and that is what the banks and government want .They want disposable income to be spent on perishable consumer goods not 40% of your lifetime earnings invested in a home .CONSUMERISM is the future FRIVOLOUS SQUANDERING not asset accumulation by the proletariat  .

[The Liffey Lip]

Well said John...Shopping Malls are the new Cathedrals...

[Rat Catcher]

On topic...AIB bosses 3-0 Honest folks.

Oh come now, 3-2 at least. Many small businessmen have carried forward losses sustained during the recession without paying any levy.

[The Liffey Lip]

On topic...AIB bosses 3-0 Honest folks.

Oh come now, 3-2 at least. Many small businessmen have carried forward losses sustained during the recession without paying any levy.

"Can this be set off on an aggregate basis",,,asked the big farmer of Tom Parlon.

[Shallowhal]

Anyway, shallow, as Mercenary said...you'll sleep better than the chancers at night.

Don't know Lip....tbh i don't think too much about it...at the moment i'm concerned about the big words ermy is using!!