Comments | mollydot: I do not salute cement mixer guy

mollydot

I do not salute cement mixer guy

Oct 02, 2010 15:36

This grew out of a rant on someone's wall on facebook ( Read more... )

politics

Comments 12

followthebird October 2 2010, 14:59:57 UTC

Very Good ( ... )

mollydot October 2 2010, 15:39:12 UTC

That's ridiculous. I thought we wanted to encourage entrepreneurs. What are you supposed to do if your business fails?

followthebird October 2 2010, 16:24:24 UTC

Drive a cement truck into the Dail...(sorry that was in poor taste). I know someone who's husband is in this situation and they are really struggling. They have two small children.

mollydot October 2 2010, 16:54:15 UTC

:-) at the truck

:-( at the friend

Thread 5

The Black hole followthebird October 2 2010, 16:20:08 UTC

I would argue that the only way for Mr McNamara and others like him to pay off their loans would be to obtain employment. And part of the reason that there are very few jobs out there is that there is very little left over to spend on job creation after bailing out banks ( ... )

Re: The Black hole mollydot October 10 2010, 14:38:46 UTC

Sorry for the slow reply ( ... )

sirroy October 2 2010, 18:50:56 UTC

A very well thought out and well researched post. I can't say I disagree with most of it, but I do take my hat off to the mad fella from Achill. I think he expressed his frustration in a (ahem) very concrete way. People, ordinary people, need to do something to show those in poser that they are not happy ( ... )

holmesfan October 3 2010, 02:55:59 UTC

I'm sure we could find room for people like you and your lovely family in clean green New Zealand. Oh! perhaps we have a few too many lawyers already. Pity.

mollydot October 10 2010, 14:40:11 UTC

That's a great idea about banning billion. I keep getting confused myself when I try to remember the numbers that are being bandied about. I think they all get translated in my head into "big".

cigogne October 4 2010, 06:41:14 UTC

YES. That's the thing about debt, rather than equity: he was quite happy that if the price of his houses had gone up as expected, the bank would not have shared in that good fortune, only getting the interest they'd agreed on in advance. the reward would have been his, so so was the risk. And he paid a nice low interest rate because he promised to pay it all back, even if the price of the houses he was building fell ( ... )

mollydot October 10 2010, 14:44:01 UTC

That drives me mad about people with fixed rate mortgages when interest rates drop massively who go on to complain that it's not fair and the bank should let them switch. Would you be complaining if they'd gone the other way? It may be unlucky, but it's what you signed up for.

(Obviously, by you, I don't mean YOU)