Your penchant for answering questions that were never put and posing questions to comments never made has a familiar ring to it.
We hear that sort of nonsense everyday from our lickspittle politicians and pampered upper echelons of the Civil and Public Service.
Thankfully, if this crisis has done nothing else, it has exposed those who have spent their lives sucking from the tit of Irish citizens and their days of doing so, are numbered.
I have no problem with people earning an honest, well paid living in either the Public or Private Sectors.
There is no doubt that the Politicians are trying to encourage a PS, Private sector divide, but the fact is that any problems the PS are having is their own doing.
Along with their Unions, they have gone into self preservation mode and the older more established PS workers are shafting the newer younger workers.
The teaching profession and their Unions in particular should be ashamed of themselves.
Unions are all about advancing the interests of the members. The rot started when they forgot that basic point and got caught up in Social Partnership.
As for the second. The PS Unions are not defending their members. They are defending some of their members at the expense of others.
Teachers ought to be defending the position of all teachers. New and old. But that is not what teachers are doing. They are abandoning the new teachers in order to protect the pampered positions of the older more established teachers.
They should be abandoning the protected classes in the Dept of Education.
The Dept of Education in cahoots with the Teachers Unions has for years being ignoring the hiring of retired teachers, over new teachers. It is also responsible for the ridiculous perks built into a teachers contract, while dumbing down the contract of new entrants.
That is the current lot. The behaviour of the Dept historically in relation to the kidnap and abuse of vulnerable children, is in my opinion criminal beyond the defintion.
Reuters have leaked a reduced EC annual growth forecast for Ireland.
Results from building societies and banks in the last week strongly suggest that they will want further recapitalisation, NAMA is on course to make losses. There are bank losses stacking up on both paid tracker mortgages and the growing percentage that are not being paid.
A very high percentage of SMEs in Ireland are only staggering on until the next rates increase, fuel increase, or machine breakdown.
The Government hasn't a clue how to raise revenue without slitting is own throat.
A big crunch coming by the end of this year.
The NTMA going to sell more bonds, at astronomic interest rates it seems. Three month bonds.
Is this a very costly piece of theatre to enable us to claim that "Ireland is back in the bond markets" ?
If Ireland's debt was all to be paid off at these rates, the economy would sink without a trace.
The next 12 bonds (secured or unsecured) payout in coming months:
TABLE 1: NEXT 12 bond payouts
Maturing on Value (Euro) BANK Collateral Type Curr Amount issued Issue Date Uniq. Bl'mb'rg I/D
19/09/2012 € 5,322,735 BoI Sr Unsec'd HKD 60,000,000
Issue date: 19/03/2007 COEI0332656
28/09/2012 € 7,006,236 AIB Govt. Liq. Gtd. USD 10,000,000 Issue Date: 29/09/2010 COZC2337810
1/10/2012 € 1,000,000,000 AIB Sr Unsec'd EUR 1,000,000,000 Issue Date: 1/10/2009 COEG3212008
22/10/2012 € 168,751,688 Anglo Govt. Liq. Gtd. SEK 1,500,000,000
Issue Date: 22/10/2010 COEF1474081
22/10/2012 € 576,368,876 BoI COVERED GBP 500,000,000
Issue date: 22/09/2008 COEF6178588
1/11/2012 € 112,501,125 Anglo Govt. Liq. Gtd. SEK 1,000,000,000
Issue Date: 1/11/2010 COEI4497380
2/11/2012 € 14,012,471 BoI Cert. of Dep. USD 20,000,000
Issue Date: 2/11/2009 COEI4514655
8/11/2012 € 24,504,499 Anglo Sr Unsec'd CZK 600,000,000
Issue Date: 8/11/2007 COEG3377082
22/11/2012 € 2,593,660 Anglo Sr Unsec'd GBP 2,250,000
Issue Date 28/11/2006 COEH1560901
23/11/2012 € 1,000,000,000 EBS COVERED EUR 1,000,000,000 : Issue date 23/11/2009 COEG2455194
4/12/2012 € 10,000,000 IL&P Sub'd EUR 10,000,000
Issue date: 4/12/2000 COEF0391369
17/12/2012 € 2,305,476 BoI Sr Unsec'd GBP 2,000,000
Issue Date: 15/06/2007