The Fine Gael thread

Started by Maguire01, October 16, 2012, 08:14:56 PM

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muppet

Quote from: Maguire01 on May 06, 2015, 06:44:30 PM
Quote from: foxcommander on May 06, 2015, 02:27:45 PM
What a bargain.
All those teachers in government but maths ain't their strong suit

http://www.thejournal.ie/irish-water-abolish-cost-2074008-Apr2015/
Can you explain what's wrong with the maths, and what the correct figure should be?

As always with SF, the correct figure is 'someone else can pay for it'.
MWWSI 2017

foxcommander

Quote from: Maguire01 on May 06, 2015, 06:44:30 PM
Quote from: foxcommander on May 06, 2015, 02:27:45 PM
What a bargain.
All those teachers in government but maths ain't their strong suit

http://www.thejournal.ie/irish-water-abolish-cost-2074008-Apr2015/
Can you explain what's wrong with the maths, and what the correct figure should be?

300 + 600 = 900. That part is right. Well done Brendan.

I'd like to see real world figures, not some lazy estimate. So everything the capital entails (600 million) is written off or can't be re-purposed? It seems like scaremongering to me.

Maybe they can store the stuff to mothball along with E-Voting machines.

I'm guessing he's using these figures for his capital. From Wikipedia

In 2013, €326 million was allocated by the Department of the Environment, Community and Local Government for infrastructural spending on water. An increase in infrastructural investment is needed, however, with a 2011 assessment by PwC on transferring responsibility for water services from a local authority to a national utility assuming in its analysis that €600 million of capital investment is needed annually (excluding the cost of the current metering programme and increased efficiencies in infrastructural spending).
Every second of the day there's a Democrat telling a lie

Maguire01

Quote from: foxcommander on May 06, 2015, 07:42:25 PM
Quote from: Maguire01 on May 06, 2015, 06:44:30 PM
Quote from: foxcommander on May 06, 2015, 02:27:45 PM
What a bargain.
All those teachers in government but maths ain't their strong suit

http://www.thejournal.ie/irish-water-abolish-cost-2074008-Apr2015/
Can you explain what's wrong with the maths, and what the correct figure should be?

300 + 600 = 900. That part is right. Well done Brendan.

I'd like to see real world figures, not some lazy estimate. So everything the capital entails (600 million) is written off or can't be re-purposed? It seems like scaremongering to me.
The point is that a semi-state like Irish Water can borrow the money for investing in infrastructure from other sources. If Irish Water is abolished and it becomes the responsibility of central or local government, that borrowing stays on the government's books as a liability. It's an accounting issue, but an important one. So it's not about "writing off" or "re-purposing" 600m, because the money still needs to be spent. But if you keep it on the balance sheet, then you have to take that money away from other areas of government spending, or you impact on the deficit.

muppet

Quote from: Maguire01 on May 06, 2015, 09:16:40 PM
Quote from: foxcommander on May 06, 2015, 07:42:25 PM
Quote from: Maguire01 on May 06, 2015, 06:44:30 PM
Quote from: foxcommander on May 06, 2015, 02:27:45 PM
What a bargain.
All those teachers in government but maths ain't their strong suit

http://www.thejournal.ie/irish-water-abolish-cost-2074008-Apr2015/
Can you explain what's wrong with the maths, and what the correct figure should be?

300 + 600 = 900. That part is right. Well done Brendan.

I'd like to see real world figures, not some lazy estimate. So everything the capital entails (600 million) is written off or can't be re-purposed? It seems like scaremongering to me.
The point is that a semi-state like Irish Water can borrow the money for investing in infrastructure from other sources. If Irish Water is abolished and it becomes the responsibility of central or local government, that borrowing stays on the government's books as a liability. It's an accounting issue, but an important one. So it's not about "writing off" or "re-purposing" 600m, because the money still needs to be spent. But if you keep it on the balance sheet, then you have to take that money away from other areas of government spending, or you impact on the deficit.

It is a populist issue now.

Even Micheál Martin is calling for it to be scrapped ffs. This despite him being a minister in the Government that led us into, and signed off on, the IMF/EU bailout that forced us to introduce water charges in the first place.

But some of the electorate has the attention span of Homer Simpson.
MWWSI 2017

armaghniac

People can be led by demagogues with simplifications of reality, as Irish water and the marriage referendum indicate.
If at first you don't succeed, then goto Plan B

muppet

Quote from: armaghniac on May 06, 2015, 11:36:22 PM
People can be led by demagogues with simplifications of reality, as Irish water and the marriage referendum indicate.

Or religions and terrorists.
MWWSI 2017

foxcommander

Fine Gael and Labour certainly are doing their best to sell off Aer Lingus as quickly as possible. Anyone know if Denis bought any shares in them recently?

This heathrow slot fiasco is pretty transparent, once the deal is done there will be a few years of it continuing then it will be pulled.
Nothing can be done to get them back and Ireland no longer has access to one of the world's biggest hubs.

Anyone fancy a train ride from Gatwick to Heathrow to get your trip to most far flung places? Me neither.

Every second of the day there's a Democrat telling a lie

mikehunt

The Dinny Gael 5 point plan for Irish Water

Get Dinny a tasty debt write down at a favourable interest rate (at tax payers expense) = CHECK,
Sell Dinny a State owned Asset at knock down price (at taxpayers expense) = Check (times 3),
Get state to award u sweet contract = Check.
Silence incompliant media from reporting on these issues and use compliant media (owned by Dinny) to brainwash the goons into paying for water they already pay for  = Check.
Tell them it's for "infrastructure" and hope they swallow it = Check

Nothing to see here, look over there FIFA corruption!!!!

foxcommander

Quote from: mikehunt on May 29, 2015, 05:10:22 PM
The Dinny Gael 5 point plan for Irish Water

Get Dinny a tasty debt write down at a favourable interest rate (at tax payers expense) = CHECK,
Sell Dinny a State owned Asset at knock down price (at taxpayers expense) = Check (times 3),
Get state to award u sweet contract = Check.
Silence incompliant media from reporting on these issues and use compliant media (owned by Dinny) to brainwash the goons into paying for water they already pay for  = Check.
Tell them it's for "infrastructure" and hope they swallow it = Check

Nothing to see here, look over there FIFA corruption!!!!

Why doesn't Sepp get an injunction against RTE? Seems a fairly easy thing to do.

Enda is wondering why he didn't think of it first. Ban all reporting from the Dail.
Every second of the day there's a Democrat telling a lie

Rossfan

FG and Lab up again in latest RedC poll. FF and SF and the uncle tom Cobley and all slipping.
Mind you in the only real vote lately FF got 28%, FG 21, SF 16, Lab 6 or 7, Lucylùlàs 9 and the rest.
Davy's given us a dream to cling to
We're going to bring home the SAM

mikehunt

The worms are slithering out of the can and the Blueshirts are squirming with them as the goings on with Siteserve, Dinny Gael and IBRC just won't go away. Fair play to that "lefty loon" Catherine Murphy for refusing to be bullied both within the Dail and outside it.

Not a word about it from the likes of Rossfan and being the sadist he is just loves getting rode by the powers that be.

Look over there, FIFA corruption!!!!

mikehunt

Constitutional crisis going on over the last week and our "great leader" nowhere to be seen. Up he pops to plug an American Football match yesterday. Jesus wept. Surprised his handlers let him out even for that.

http://www.irishexaminer.com/breakingnews/sport/american-football-back-in-dublin-in-2016-680172.html

foxcommander

Quote from: mikehunt on June 05, 2015, 01:15:56 PM
Constitutional crisis going on over the last week and our "great leader" nowhere to be seen. Up he pops to plug an American Football match yesterday. Jesus wept. Surprised his handlers let him out even for that.

http://www.irishexaminer.com/breakingnews/sport/american-football-back-in-dublin-in-2016-680172.html

If it's Boston College playing maybe Anthony MacIntyre can do the half-time draw. Top prize will be some tapes.
Bet the RUC will win it.

Enda staying quiet these days alright...there's leadership for you.
Every second of the day there's a Democrat telling a lie


foxcommander

Every second of the day there's a Democrat telling a lie