are the banking faternity the new nazi’s of the 21 th century.
Its really shaping up to a financial world war

At least the Spanish government have finally realised they have a problem regarding suicides. Ours dosen’t give a shit about it…less people to pay dole to attitude..bloody disgrace. They should be ashamed of themselves.

A very important move. Eviction should only be the very last resort in these situations. Decisions like these are so heartless, especially when it involves taking away from a person or family the one thing which is truly precious. We’re in the 21st century after all! A bit of humanity wouldn’t go amiss.

The homeowners of Ireland and the entire citizenry of Ireland were betrayed by our own domestic troika. This troika consists of the builders (developers), the bankers and the previous goverment, including the regulators and administrators. The main product of this unholy trinity was the perpetration of a massive mortgage fraud. The victims of this massive fraud , “the Great Mortgage Fraud”, were those people who wanted to buy a home and establish a houshold. The victims were advised to rush in, borrow to the maximum and pay extortionate prices for their homes. There is now a duty to compensate these victims. The method of compensation is to allow the victims retain their homes but on the basis of sustainable mortgage levels. The present government has the challenge and the opportunity to do the right thing. The eviction of my neighbour diminishes me and diminishes society. There is a moral, economic, public and social duty as well as practical imperative to redress the harm done to our neighbours who, due to buying at the wrong time, over borrowed from rampant and rapacious lenders. The pillar banks have self servingly failed to take adequate mortgage impairments and continue to deny reality. If we don’t slough off the unbearable, unsustainable and unendurable level of mortgage debt, many of our home owners and their families will remain under the yoke of impossible debt. It’s time to confront this nightmare, this massive crisis and redeem our dignity. Forcible or threatened evictions (mortgage repossessions) are a form of state sponsored violence against our fellow citizens. There is strength in unity and, if we can find common cause with the tragic victims, we may start a process of true citizen power. Repesentative democracy needs to be directed by a fully participative and engaged citizenry. Our politicians need to be reminded that they are accountable to us. The mortgage arrears crisis is our collective opportunity to pressure our government into doing the right thing. We no longer have the luxury of apathy. “If we tolerate this, our children will be next”.

Sadly, it’s government fixing a problem it created.

Sad sad day on a number of levels

When will we have the foresight to do the same, in this Republic of ours .

Our government and banks have their heads buried in the sand on this issue…the mortgage timebomb is ticking and needs to be adressed

Mick. Just because someone has a tracker, doesn’t necessarily mean they’re not up the creek already. Your thinking doesn’t add up, because I would suggest that those on variable rate mortgages are even more exposed to an ECB rate rise. By this I mean, a tracker mortgage goes up by the same rate as an ECB rise, but a variable rate mortgage rise is in the hands if individual banks.

If only Ireland had the balls to stand up to these evictions, but no “it’ll be grand to be sure!”

Need to take a leaf from their book for Ireland , banks here were ‘saved’ using taxpayers money to ensure we have a ‘functioning economy’ but in reality used the funds to prop up their balance sheets to try flog them off instead of handling arrears crisis. Disgraceful to put people out of homes after the behaviour of the financial system – need decent ap,earning full way to handle the crisis ,not paying themselves 500.000 euro ,pensions and perks and still pursuing aggressively for people in very difficult circumstances, disgraceful.

banana republic

Now that Ireland is on the UN Commission for human rights….the Government might remind the banks here that one basic human right is the right to a home?!?!

If you can meet with triumph and disaster and treat those two imposters just the same, easy come easy go but don’t index your life to bricks and mortar or economics, God bless Irish people who have to deal with our banks.

When will the penny drop? How long can the Can be kicked down the road, unless there’s growth of 4% and 15% pay rise were shafted. The banks have all the information the need on borrowers, who can pay and what amount. The Nike logo comes to mind!!