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Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first

 
Anonymous Coward
User ID: 1424331
United States
06/12/2011 10:18 PM
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Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Get ready....here it comes!!

[link to www.businessinsider.com]
Anonymous Coward
User ID: 1397026
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06/12/2011 10:19 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Losers for still keeping ur money in pension plans LOL
Anonymous Coward
User ID: 1345290
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06/12/2011 10:21 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Losers for still keeping ur money in pension plans LOL
 Quoting: Anonymous Coward 1397026


lmao
Anonymous Coward
User ID: 1152154
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06/12/2011 10:22 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Oh yeh don't buy Silver and Gold to preserve what little wealth people have left !
Anonymous Coward
User ID: 1357285
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06/12/2011 10:23 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Losers for still keeping ur money in pension plans LOL
 Quoting: Anonymous Coward 1397026


A lot of them are set up so there's no way you can touch the money until your retirement age. I, for one, am at the mercy of what the mutual fund "committee" decides to do with my money. And no, I'm not countin on it for retirement.

Is this public or private pension funds?
Anonymous Coward
User ID: 1285930
United States
06/12/2011 10:24 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
The "kids" piggy bank is the last resort. I'm sure it will be coming to a town near you soon. Oh good times...Good times.
Anonymous Coward (OP)
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06/12/2011 10:25 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
One source says that the view of the troika of IMF, the European Union and the European Central Bank is that if you have money it should be spent rather than drawing on outside funding or money from selling off assets at the wrong-time.
Anonymous Coward (OP)
User ID: 1424331
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06/12/2011 10:27 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Losers for still keeping ur money in pension plans LOL
 Quoting: Anonymous Coward 1397026


A lot of them are set up so there's no way you can touch the money until your retirement age. I, for one, am at the mercy of what the mutual fund "committee" decides to do with my money. And no, I'm not countin on it for retirement.

Is this public or private pension funds?
 Quoting: Anonymous Coward 1357285

Public
Anonymous Coward
User ID: 1357285
United States
06/12/2011 10:34 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Losers for still keeping ur money in pension plans LOL
 Quoting: Anonymous Coward 1397026


A lot of them are set up so there's no way you can touch the money until your retirement age. I, for one, am at the mercy of what the mutual fund "committee" decides to do with my money. And no, I'm not countin on it for retirement.

Is this public or private pension funds?
 Quoting: Anonymous Coward 1357285

Public
 Quoting: Anonymous Coward 1424331


Thanks. From the article:

THE GOVERNMENT WILL use the last €5 billion in the National Pensions Reserve Fund (NPRF) to help create employment

Read more: [link to www.businessinsider.com]


So in other words, they will give it to banks, thinking they will make small business loans so employment will rise.

When what will really happen, is they will give it to banks, then the banks will pay the big bucks to themselves.

So right now, the bank execs, and the IMF, are havin stogies and whiskey in the back room boys!

Carbon copy of what's happening everywhere in the WORLD right now.
Anonymous Coward
User ID: 1403641
United States
06/12/2011 10:42 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Get ready....here it comes!!

[link to www.businessinsider.com]
 Quoting: Anonymous Coward 1424331


Permission granted. Seize the pensions immediately. The stinking irish pigs squandered all their money and when the hard working people of Europe bailed them out, they squandered that money too. Time to hold Ireland accountable for their criminal actions against the global economy. SOMEBODY needs to take control of that lousy government before it's too late. The only thing that will save Ireland now is strict financial control and massive immigration.
Instance

User ID: 1417466
Australia
06/12/2011 10:57 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Losers for still keeping ur money in pension plans LOL
 Quoting: Anonymous Coward 1397026


A lot of them are set up so there's no way you can touch the money until your retirement age. I, for one, am at the mercy of what the mutual fund "committee" decides to do with my money. And no, I'm not countin on it for retirement.

Is this public or private pension funds?
 Quoting: Anonymous Coward 1357285

Public
 Quoting: Anonymous Coward 1424331


Tied up with private I think
"Innovation Fund Ireland funding comprises three elements. The first is Exchequer funding of €125 million, which will be managed by Enterprise Ireland. The second allows the NPRF to invest a similar amount as part of its private equity programme providing its commercial investment criteria are met. The balance will be raised privately by participating venture capital managers."
I think that involves what you guys call 401k funds.
n·stance/ˈinstəns/Noun 1. An example or single occurrence of something: "an instance of corruption"
Instance

User ID: 1417466
Australia
06/12/2011 11:00 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
^^^oops...link [link to www.nprf.ie]
n·stance/ˈinstəns/Noun 1. An example or single occurrence of something: "an instance of corruption"
Anonymous Coward
User ID: 1417728
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06/12/2011 11:01 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
This story actually came out a month ago
Anonymous Coward
User ID: 1285930
United States
06/12/2011 11:08 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Get ready....here it comes!!

[link to www.businessinsider.com]
 Quoting: Anonymous Coward 1424331


Permission granted. Seize the pensions immediately. The stinking irish pigs squandered all their money and when the hard working people of Europe bailed them out, they squandered that money too. Time to hold Ireland accountable for their criminal actions against the global economy. SOMEBODY needs to take control of that lousy government before it's too late. The only thing that will save Ireland now is strict financial control and massive immigration.
 Quoting: Anonymous Coward 1403641


What does that say about the current U.S. debt? It's not the people's fault. What will massive immigration do? Buy time?
Anonymous Coward
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United States
06/13/2011 12:34 AM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
What does that say about the current U.S. debt? It's not the people's fault. What will massive immigration do? Buy time?
 Quoting: Anonymous Coward 1285930


It will do the same thing that it does in the US. Increase the labor pool, lower labor costs, increase business, increase the exchange of ideas, increase production, reduce the need for wars and military. Put this all together and you get an increase in tax revenue so Ireland can pay off its debts.
Anonymous Coward
User ID: 1422029
United States
06/13/2011 12:40 AM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
Pin this fucking thread NOW!
SEVEN THUNDERS
User ID: 1265508
United States
06/15/2011 01:57 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
GETTING CAUGHT UP ON SOME BACK THREADS HERE

QUESTION FOR THE OP

I HAVE READ THAT THE IRISH GOVT. ESSENTIALLY CAN GO BACK TO EARNINGS FROM THE 70'S

ON WHICH TAXES WERE ALREADY PAID

AND THEN 'RE TAX' YE AGAIN

IS THIS TRUE?

THE 14 PERCENT UNEMPLOYMENT THERE IS THE OFFICIAL FIGURE I HAVE HEARD

IF THAT'S WHAT THEY WILL ADMIT TO, THEN YOU KNOW ITS AT LEAST 17 PERCENT ( LIKE SPAIN'S "OFFICIAL" NUMBER )

BUT LIKELY CLOSER TO 20 OR 21 PERCENT

WHICH IS 1 IN 5

THIS WON'T END WELL IN GREECE, ONCE PM STEPS DOWN OR IS FORCED OUT, WATCH THE WHEELS COME OFF

GET YOURSELVES SORTED OUT FOR THE BLEAK WINTER AHEAD

GOD BLESS!
SEVEN THUNDERS
User ID: 1265508
United States
06/15/2011 04:05 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
BUMP FOR REPLIES AND ON HEELS OF ALLIED IRISH DEFAULT
Anonymous Coward
User ID: 1431486
United States
06/16/2011 09:31 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
bump
Anonymous Coward
User ID: 1430916
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06/16/2011 10:26 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
CELTIC TIGERS.........BBBWWWWAAAAHHHHAAAA!!!! Micks gonna get it right up their Mick asses!
Anonymous Coward
User ID: 1246800
Australia
06/16/2011 10:46 PM
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Re: Ireland to seize 7 Billion from pensions...must get permission from EU and IMF first
the turd burger will be staple diet for the irish plus a couple of potatoes.

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