1. To post you need to register an account and await approval. Click Here to sign up!

Leo Varadkar's Junk Economics Debunked

Discussion in 'Fine Gael' started by Tadhg Gaelach, Jun 12, 2017.

  1. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313

    Yes, Leo would probably have been considered a genius - if he had been in politics in the 1980s.
     
  2. Liberal D4'er

    Liberal D4'er Member Political Irish

    Likes Received:
    67
    Trophy Points:
    28
    Well haughey was a economic genius by lowering our corporate tax rate in the late eighties a right wing policy. What does that tell you about our countries inclination toward political schizophrenia?
     
    Tadhg Gaelach likes this.
  3. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    In case anyone is wonder why I haven't been further debunking the junk economics of the Varadkar Régime, the sad fact is that the régime hasn't made any economic decisions since Varadkar was appointed chief. The 26 country free state is still borrowing over 600 million euro a month from the European Central Bank (ECB), and passing that out to hotel owners and private landlords to house migrants seems to be height of Varadkar Régime activity at the moment.
     
    Ire-land likes this.
  4. Liberal D4'er

    Liberal D4'er Member Political Irish

    Likes Received:
    67
    Trophy Points:
    28
    He's certainly steered clear of the topic because he knows his time is up and there's a bunch of professionals in the accounting and financial services industries waiting to call him out for the West British bluffer he is.
     
    Tadhg Gaelach likes this.
  5. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313

    It seems the Varadkar Régime is openly admitting that it doesn't have the ability to plan the Irish economy - and has invited the IMF back in to do the job.

    The IMF is back: Experts return to advise Government on spending plan - Independent.ie
     
  6. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
  7. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    [​IMG]

    Irish Consumer Price Index (June) Year on Year minus 0.4% (previous plus 0.2%). The Irish economy is in deflation, i.e. shrinking. Some recovery :rolleyes:

    [​IMG]
     
  8. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    [​IMG]


    Irish Growth Rate for Quarter One was Minus 2.6%. The 26 counties is now in full deflation mode. What a Recovery!

    [​IMG]
     
  9. Liberal D4'er

    Liberal D4'er Member Political Irish

    Likes Received:
    67
    Trophy Points:
    28
    You'd wonder why Leo has to turn like an organisation like the IMF for economic advice. Either he doesn't have an understanding himself and his advisers can't calculate whats going on or else he wants Ireland to go back into default which is why he is courting them. Surely he should be saying everything is fine and under control here and pushing them away rather than courting them. Strange and inexperienced.
     
    Tadhg Gaelach likes this.
  10. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313

    It certainly is strange. Varadkar may not have any economic experience, but Noonan has been around long enough to learn something. I think you're right that something untoward is afoot. Ireland has over 50 billion euro in bonds coming to maturity over the next four years and no way to pay them - you may be right that some kind of default is being planned.
     
  11. Art

    Art Member Donator Battle Royale Political Irish

    Likes Received:
    773
    Trophy Points:
    113
    The price decreases are directly related to the fall in the value of the UK pound. We trade a lot with the UK and we are now buying their products for less. The deflationary figures shows at least some of these reductions are being passed on to consumers. A good thing most would think.

    Should be simple enough to understand really, I am surprised some people seem to be struggling.

     
  12. Art

    Art Member Donator Battle Royale Political Irish

    Likes Received:
    773
    Trophy Points:
    113
    Or the government is anticipating that by having a seal of approval from the IMF they will be able to

    a) use this to bludgeon the Irish public to agree to more PPP road projects.
    b) obtain better terms for the financing of the new toll roads they will build.

    The government has long ago discovered how handy it is to have a scapegoat for their more unpopular policies. That I think you will find will be the IMF's main role.
     
  13. Liberal D4'er

    Liberal D4'er Member Political Irish

    Likes Received:
    67
    Trophy Points:
    28
    Yes I think FG like having someone else to blame when it comes to the economy. And then impose either cuts or spending in the wrong places for example to help rich people.
     
  14. Art

    Art Member Donator Battle Royale Political Irish

    Likes Received:
    773
    Trophy Points:
    113
    Precisely. It is like the water charges where they are trying to claim it is the evil EU making them do it. Likewise with the refuse collection where again charges are likely to go up through the roof. The end result of all these policies is money is shifted from the poor to the rich.

    It seems none of these bodies ever makes our government adopt policies which might aid the poor.
     
  15. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    I see that "Taoiseach for the Middle Class" Varadkar is putting together a plan to save the small time landlord from extinction. But, is the euthanasia of the rentier classes not to be desired - as John Maynard Keynes put it. What we need is housing for the population, not support for landlords at the taxpayers expense. As we know, mass immigration is itself a form of state support for the landlord classes.

    Speaking at a grassroots event in Wicklow tonight, Mr Varadkar said in modern Ireland it is "almost a bad thing" to be someone who owns and rents out a number of properties.


    Yes, you mulatto faggot, being a parasite is a bad thing.

    Varadkar says landlords 'should be treated like any other business'
     
  16. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    [​IMG]

    The Punishment for Traitors


    Dirty Varadkar has awarded 10% of Dublin Bus routes to a private English company. This is national treason. Varadkar is pure filth - not Irish at all. He is asset stripping our country for the profit of his Globalist string-pullers.
     
    The Potato Mystic likes this.
  17. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    The Government’s homeless family hub solution is not only a short-term fix for a long-term crisis, it’s a shocking deal for taxpayers that benefits private operators. It began with Simon Coveney’s hopeless effort to move hundreds families from hotels and B&Bs by July 1st, a failure rewarded with Cabinet promotion.

    When Coveney announced the plan, a joke did the rounds that he would simply call hotels something more cuddly. It wasn’t far wrong, and sure doesn’t “hub” have a cosy ring to it? There will be a total of 18 family accommodation hubs in Dublin, nine of which include hotels and B&Bs already in use being “adapted”.


    The hubs will cater for about 634 families, although latest figures put the number of homeless families in the city at 1,115 and rising. The council admits they are not a long-term solution, and that families will move into houses and apartments “as supply becomes available”, which basically means whenever the market provides. Sadly it’s not providing, not even close.

    Oliver Callan: Hubs for homeless families a bonanza for owners
     
    Una likes this.
  18. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    Una likes this.
  19. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    Dirty Varadkar continues to line the pockets of his landlord backers - while he kicks the Native Irish low paid, unemployed and homeless working class.

    Nine in ten properties currently available to rent are beyond the reach of people dependent on State housing benefits, according to a snapshot undertaken by the Simon Communities in Ireland.
    That only 9pc of all properties which were included in the snapshot were available to people in receipt of State housing payments indicates an increasing gap between Rent Supplement/HAP limits and market rents, the Simon Community said.


    Nine in ten rental properties beyond those dependent on housing benefits - Independent.ie
     
  20. OP
    Tadhg Gaelach

    Tadhg Gaelach Legend Donator Battle Royale Political Irish

    Likes Received:
    16,026
    Trophy Points:
    313
    Varadkar the Globalist Mulatto continues his attack on the Native Irish family, as his criminal policies drive homes further and further out of the reach of Native Irish couples, thus decimating our national fertility rate and speeding up our demographic extermination and replacement by immigrants.

    Almost one in two people in rented accommodation or living with their parents who want to buy their own home are unable to afford to, according to a survey carried out by insurance group 123.ie.
    And the outlook for this cohort is not particularly positive, with 80pc expecting house prices to rise over the next 12 months.


    Renters unable to afford to buy, with property prices expected to continue rising - Independent.ie
     
    Una likes this.