Upcoming Events

National | Housing

no events match your query!

New Events

National

no events posted in last week

Blog Feeds

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Sun Dec 15, 2024 01:02 | Will Jones
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link Trial of Migrant Murder Suspect Will Take Twice as Long Because of Language Barrier Sat Dec 14, 2024 15:00 | Will Jones
The murder trial of an asylum seeker believed to have arrived in the U.K. on a small boat could take twice as long because he does not speak English, a court heard.
The post Trial of Migrant Murder Suspect Will Take Twice as Long Because of Language Barrier appeared first on The Daily Sceptic.

offsite link BBC Accused of ?Gross Historical Ignorance? in Syria Reporting Sat Dec 14, 2024 13:00 | Will Jones
The BBC has been accused of "gross historical ignorance" after it said that Syria's Jews "want to believe they have a space now" following the collapse of Assad's Government at the hands of an Islamist insurgency.
The post BBC Accused of “Gross Historical Ignorance” in Syria Reporting appeared first on The Daily Sceptic.

offsite link Nutcracker Gets Woke Makeover With Suffragettes and Girl Boss Lead Sat Dec 14, 2024 11:00 | Will Jones
The Nutcracker has been given a woke makeover by the English National Ballet with the addition of Suffragettes and a girl boss lead character.
The post Nutcracker Gets Woke Makeover With Suffragettes and Girl Boss Lead appeared first on The Daily Sceptic.

offsite link IPCC U-Turn as it Prepares to Start Blaming Humans for Bad Weather Sat Dec 14, 2024 09:00 | Chris Morrison
Up to now the UN's Intergovernmental Panel on Climate Change has largely held the line on not blaming 'extreme' weather on humans. But its latest press release suggests that is about to change, says Chris Morrison.
The post IPCC U-Turn as it Prepares to Start Blaming Humans for Bad Weather appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link Voltaire, International Newsletter N?112 Fri Dec 13, 2024 15:34 | en

offsite link Israel Passes Law Allowing Four-Year Detention Without Trial or Evidence Fri Dec 13, 2024 15:27 | en

offsite link Jihadist Mohammed al-Bashir, new Syrian Prime Minister Fri Dec 13, 2024 15:24 | en

offsite link Voltaire, International Newsletter N?111 Fri Dec 06, 2024 12:25 | en

offsite link Attempted coup d'?tat in South Korea Fri Dec 06, 2024 12:17 | en

Voltaire Network >>

National - Event Notice
Thursday January 01 1970

Say No To Mortgage Hikes Protest

category national | housing | event notice author Thursday July 30, 2009 15:24author by Fergal Scully - Enough Is Enoughauthor email enough999 at care2 dot com Report this post to the editors

Enough Is Enough

We've bailed them out this is how they thank us.

Protest 4.30pm to 6pm

Permanent TSB HQ Stephens Green East
greedy.jpeg

After all the money that the ordinary tax payers have been asked to come up with to bail out the banks Permanent TSB has decided to raise its interest rates. On top of the levy?s and tax hikes already forced on the taxpayer this will add untold hardship to over fifty thousand of Irelands ordinary people and their families.

We believe that if Permanent TSB is allowed to get away with this that all the other Mortgage lenders will follow suit and already AIB and Bank of Ireland are predicting similar rate rises for the future.

The billions that are required for the bail out of the banks are already causing huge reductions in public services in this country, the McCarthy report has called for cuts in almost every area. Yet the banks are not satisfied that they owe their existence to the taxpayer, they want to use their positon to coerce even more profits from ordinary people.

We are calling on Permenent TSB to show some gratititude to the people whom they owe their existence to and recind these hikes and we are calling on the Minister for Fianance Brian Lenihan to exclude Permanent TSB from the bank gaurantee scheme if they refuse.

If the other Banks chose to follow the lead of Permanent TSB we will continue this campaign with a call for a national mortgage payment strike.

"Enough is Enough" are a group of like minded individuals who have come together to take action on the issue of interest rate rises by banks in this country.

author by Fergal Scully - Enough is Enoughpublication date Tue Aug 04, 2009 20:09author address author phone Report this post to the editors

Hi All yahoo has disabled our e-mail account so please contact us on [email protected]

author by Fergal - enough is enoughpublication date Wed Aug 05, 2009 20:58author address author phone Report this post to the editors

To the eds this should be featurised , hopefully will be a big story by tomorrow evening. We've had interest from TV3 , examiner, 98fm and BBC nothern ireland.

author by blahpublication date Thu Aug 06, 2009 07:59author address author phone Report this post to the editors

PTSB have been given no money by the Government. In fact, they pay the Government money to be part of the guarantee scheme.

author by Topperpublication date Thu Aug 06, 2009 09:57author address author phone Report this post to the editors

Tell us now - where would Permanent TSB be without the bank guarantee scheme? And who's paying for that? The Irish people are already paying the price for the bank guarantee as it damages Ireland's credit rating and increases the cost of borrowing. Not so "blah" now is it?

author by real worldpublication date Thu Aug 06, 2009 12:19author address author phone Report this post to the editors

Where will you protest when the ECB raise rates? Time to get real - yes the banks are on taxpayer life support but that doesn't mean they have to operate at a loss! Unless of course you want the guarantee to be exercised? Irelands reputation is not being damaged by the guarantee (total lack of insight with that comment) - our reputation is damanged by the governments increasingly incapacity to manage our fiscal policy and budget accordingly. The protest should be aimed at the government because they are the only people who can put a viable solution in place - yesterdays exchequer figures are telling - cutting costs is essential and a transparent plan for NAMA is required

Fact is that interest rates are at a historic low and will only go one way - up - ECB will eventually raise their rate so people need to recognise and accept this simple fact.

author by ptsb employeepublication date Sat Aug 08, 2009 05:28author address author phone Report this post to the editors

while permanent tsb may be paying the government for being included in the bank guarantee scheme, it essentially means the irish government (and hence the taxpayer) must underwrite all the deposits and certain debt in the bank, regardless of how unwisely these were issued.

all "experienced investor loans" given out in the most recent boom years cannot possibly be paid back by a large portion of lenders. these loans were given out by permanent tsb on the basis that these investors knew what they were doing, would be turning a profit, and would easily be able to pay the loan back. now we learn that these same investors--bulk landlords and developers--have loans with ptsb and numerous other banks which they have no hope of repaying. unfinished properties which are uninhabitable, and holiday homes in leitrim... the profiteers will be written off, but the average home owner will be viciously pursued whenever the recession eases. if you have negative equity in your home and can't pay, you will be pursued through the courts for every penny the banks "lost".

it was this bank's (and essentially all the other banks' as well) stupidity that caused the over-exposure of lending and necessitated the government's offering a bank guarantee scheme. the government did this to retain a top rating and preserve the reputation of the foolish banking industry. but it also must safeguard all deposits (retail, commercial, institutional and interbank), covered bonds, senior debt and dated subordinated debt to the tune of nearly €500 billion across all institutions.

meanwhile, an borad snip wants to cut funds from everywhere, including the most vulnerable of irish society. where is the guarantee for the downtrodden? where is the punishment for a failed finance industry? if the average man had an ecb, i can assure you the rates for the banks would skyrocket. as it stands now, ptsb and the banking industry would just as soon bury us all in the grave which is rightfully theirs. enough is enough!

Number of comments per page
  
 
© 2001-2024 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy