Why not sell Leinster House, with all the politicians in it! Whether that counts as a state asset, I don’t really know. Lol

Look at Howlin looking for credit that we are allowed to keep 33% of our own money citing the negotiating skills of the government. I’d be more inclined to give you credit if you stuck to 33% of your pre election promises and hard line attitude in relation to bond holders. You and your government are letting us down big time Howlin. But as long as you end up with the fat salary, expenses, pension and clear conscience – then everything will be just fine!!!

One third is going back into the Irish economy? Oh woopdeedoo. Selling the house to pay the mortgage. The most retarded decision yet.

Can I not call the Irish government idiots? Anyway this is the beginning of the end of state owned assets. Everything will be privatised and we will gain what? 3 billion quid in the short term what about the long term value of These assets. This government is ridiculous in thinking of considering a sale in a crisis. They will only get liquidation prices for any of these assets. What a bunch of idiots.

The way I see it is that these sales are forced upon us and the muppets in our govt are just rolling over and playing the good austerity boys they are by selling off all our assets. The fact is after they sell everything we are still left with a mountain of debt which can never be paid. Which will ultimately result in us defaulting and left with nothing. So why not keep our assets and default NOW! At least then we have something to use to start over.

Take a look at this link (http://www.bbc.co.uk/news/business-15748696), it shows how much debt we owe and to whom we it to! Our debt for every man, woman and child living in this country is €390,000 per person. So my household (2adult + 3 kids) literaly owe the bones of €2m, never mind my own mortgage and cc debt. Jaysus I’m just about clearing the cc debt and paying all the other bills, how the hell do they expect the tax payer to service never mind clear the other €390k per person?? They say Greece is a basket case, FFS their indebtedness is only €38k per person!!!

Save our assets and tell everyone else to fck off!!!

when you’re in debt you get rid of liabilities before assets. 3 liabilities i’d gladly wave goodbye to in the morning, whose absence from the irish economy would be a good thing and whose absence would stop the continued haemorrhaging of money for no return:
Anglo (thousands of millions a year), FAS (ditto, 17% less likely to get a job with FAS on your cv), HSE (ditto, couldn’t organise a piss-up in a brewery). that’s just three.
But no, instead of going ahead and cutting necrosis and infection out of the economy, our beloved masters are taking us down the route of hacking off perfectly healthy limbs instead.
the government is nuts, and they will be seen to be even more demented in the years to come

This is our boys wearing ‘the green jersey’. It should be noted that the jersey they talk so much of has a bank logo printed on it.

Surely this should be decided by referendum. A government, or certain ministers at least, that may possibly only be in power for one term should not be making such an important decision.

As much as it surprises me to say it, but it seems that Fianna Fáil are telling the truth about what the Memo of Understanding says. In fact, there was no agreement to sell State Assets and consequently no reference to proceeds of sale. Herewith the relevant extract:

Building on the forthcoming report of the Review Group on State Assets & Liabilities the government will undertake an independent assessment of the electricity and gas sectors with a view to enhancing their efficiency. State authorities will consult with the Commission Services on the results of this assessment with a view to setting appropriate targets for the possible privatisation of state-owned assets.

We wont see a penny of it…

How can the government decide what assets to sell without consulting the people that own them.

And so the fire sale begins

Another Eircom!

Irish government = idiots

Glad to hear they will be investing some of the proceeds on job creation :-)

The government wont go near the E S B as the unions there would not play ball and could deter any potential buyer by making strike noises.The forests of ireland just grow away quietly and wont say a word about being sold off.
The Aer Lingus share sell off is not a major problem.So its the usual M O tackle those of least resistance.

No doubt trade union agitators will be out and about encouraging disruption and strikes. Can’t upset the gravy boat.

Great. Eircom was a great success. Look at the mess its in now. Others to go same way.

Can’t wait to see that bloated behemoth, the ESB, being carved up by shareholders, and the €100k p/a semi-skilled union workers having to settle for a real world wage. Been a long time coming.

Short term gain for long term pain!

They say that 1 third of the money raised will go to job creation, but the question’s I have is where in the name of
god are they going to create these jobs from.

And what parts of Bord Gais and ESB will be sold and to who exactly.

But the bigger question is will it lead to higher bills for everyone ???

Look, I don’t care what anyone thinks, I am with FG on this. As I said before it’s not states job to employ people.

Coillte, sell hundreds of acres of irish land, potentially to foreign investors. This for me is the most worrying part.

None of these so called assets are of strategic value to the State and thus their sale at reasonable value which must exceed a multiple of any dividends or profits is attractive. However such attractiveness would be qualified by the use of funds received. Why any one believes that a State owned Company must remain in such ownership for ever is beyond me unless the view is expressed by its employees who may fear open market Management and a change in work practices.
Unfortunately in Ireland employment in these Bodies is considered nearly as sacred as the Public Service and work practices do not usually conform to the norms of a standard commercial entity.
The Government has expressly stated that they will not be rushed into any sale and that would appear to remove any other negatives from this decision.
Let the Sale commence!