tag:blogger.com,1999:blog-8817171247555815363.post1160625929901978827..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 29/3/2012: Promissory Note 'deal' 2012TrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8817171247555815363.post-2222324891244072122012-03-31T02:30:39.342+01:002012-03-31T02:30:39.342+01:00Because of the general discontent around the house...Because of the general discontent around the household tax, and their impending ard fheis, Fine Gael had to be seen to produce a result for the people. The ECB refused to play ball so Noonan's very expensive fudge was cooked up. <br /><br />It is astounding that the government are willing to accrue further debt, many multiples of the revenue they hope to get from the household tax, just to save face.Charles Trenchnoreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-64591510025559443632012-03-30T02:28:38.672+01:002012-03-30T02:28:38.672+01:00the spin today... yowza yowza... is all that comes...the spin today... yowza yowza... is all that comes to mind.Georg R. Baumannnoreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-6883755937789917392012-03-29T22:59:41.725+01:002012-03-29T22:59:41.725+01:00"So on the net, we have just paid 400mln incr..."So on the net, we have just paid 400mln increase in debt, plus 90mln in deficit to buy ourselves an 'insurance' policy that should we need 3bn in 2013, we will be able to ask for it from the kindness of the EU and have it for no longer than a year. That's pretty damn expensive insurance policy."<br /><br />Wow!<br />Rhetorically; was there a psychotropic vehicle involved too?<br />What was the point of this "deal" - "storing" "money" for another "jobs initiative"?<br />Or could it be possible that the Gov. have been covertly receiving advice from Bertie (texting from the Jacks in Nigeria); his vision for economic recovery.<br />Perhaps in tandem, with Sir Brian ex America; relaying data through one ear piece each, filling the lugs of Mr Noonan.jameshttp://www.seo-galway.comnoreply@blogger.com