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Everything posted by Rock-n-Roll

  1. must be a record breaker! http://www.independent.ie/business/irish/h...rd-1799117.html CASH-strapped consumers are putting an unprecedented squeeze on spending that has helped wipe €5.5bn off the national income. Worried householders, hit by unemployment, salary cuts and income levies, have dramatically cut back on spending across a huge range of items. Across the board, personal purchasing, which makes up two-thirds of the economy, fell more than 9pc in the first three months of the year. The figures show that the building of new houses was down by almost a half on 2008, and even non-residential building fell by a fifth. All of this combined to make our recession the worst economic slump for any period in the history of the State. and shock horror!!!! the dole is fecked!!! Welfare cuts The latest figures come as the Government prepares to consider the report by An Bord Snip Nua. Taoiseach Brian Cowen has hinted at cuts in social welfare across the board in a bid to balance the national books. Ominously for those dependent on social welfare, the Taoiseach said public pay, pensions and social welfare were gobbling up two-thirds of day-to-day expenditure. rock on!
  2. no but what a can of worms! you defintitely could not have made that one up! at the mo neither his patients or his wee church followers are saying anything but no doubt much will come out in the mouth rinse !!!!!!!!!!!!!!!! back on topic i see there is 7 millon odd set aside fur an ulster scots sate o larning now where better for it than BallyNAEmoney! rock on!
  3. i have watched the main street of a local town over the years it always seem to do pretty good business in the good old days there was numerous factories surrounding it now none that i am aware of ! but that was more than made up by the construction boom it laid claim to be the fastest growing town in the north for a few years the council now said it had become a great dormitory town to live in and to satisfy the new consumers the council bent over backwards to accomodate a brash new tesco last couple of years i have watched numerous shops on the high st shut some to be replaced by charity shops now i have seen something that i would never have dreamt of a brand new pawn shop!!!!!!!!!! progress???? yes i know name that town! BallyNOmoney!!!!!!!!!!!! rockon!
  4. some have yet to learn half a loaf better than no bread at all but they will ! rock on!
  5. interesting article ! http://www.independent.ie/business/irish/8...ed-1789165.html By Pat Boyle Thursday June 25 2009 THE Government needs to freeze a proposed €30bn investment in the Irish energy sector in light of the collapse in demand or the costs will fall on the consumer, a report from the Academy of Engineers concludes. The Academy's 'Review of Ireland's Energy Policy' also states that we need to closely study the nuclear power option and says wind power targets set by the Government have not been costed properly. The Irish energy industry is making investments to meet demand that is no longer there and spending on new investments such as wind power and smart metering needs to be frozen to prevent a further escalation in electricity costs, the authors of the report stated yesterday. Launching the report, Irish Academy of Engineers president Michael Hayden warned that energy prices here are among the highest in the world and impose a heavy cost on industry, contributing significantly to a general lack of competitiveness. Policies adopted to meet our commitments on carbon emissions, prices and energy security were developed at a time of high growth and must now be changed radically to meet the new economic reality. Needless If we continue to spend on needless increases in capacity, the result will be higher electricity prices, he said. The authors point out that most major energy projects have been undertaken with no proper techno-economic study and called for an introduction of the US system where every new project is subjected to rigorous assessment to judge its impact on the price of electricity to the end user. And they question the rationale behind the proposed east-west interconnector running between Ireland and Wales. This €500m project was given the green light in 2006 with no visible cost analysis being performed and is based on an electricity market which has shrunk by 30pc in the past year, meaning the demand assumptions used to justify its construction are no longer valid. If the project proceeds and remains underutilised, then the cost will inevitably fall back on the consumer, the authors warn. Mr Hayden also pointed out that the British energy regulator is making no financial contribution to the east-west link, indicating that they see no benefit flowing from the project. The report states it is unlikely we will get back to the level of demand seen in 2007 by either 2013 or 2014. This decline in demand for power is reflected in the usage of the existing cross-border Moyle interconnector, where capacity usage last year was just 14pc, leaving it idle 86pc of the time. The cost of investing in wind power also needs to be examined more closely, the authors stated. But even if this happens, the plans may be unworkable, as no other country has adopted a target involving almost 40pc of power coming from wind. The International Energy Agency (IEA) says no more than 25pc of the electricity on any network should come from wind generation. Instead we need to focus on reducing carbon output through energy efficiency -- IEA data suggests this can deliver 54pc of the required reduction. Capital should be diverted from energy projects to conservation programmes as part of a major new energy efficiency programme. This would also produce a significant jobs stimulus to the economy, the report advises. The report says we need to re-open the debate on nuclear power, the most effective carbon free power source, and this requires the removal of a legislative ban on nuclear energy dating from 1999. - Pat Boyle no doubt some will dissagree but then it just aint easy being green! rock on!
  6. and just looook at the architecture you philistines! http://news.bbc.co.uk/1/hi/northern_ireland/8114977.stm rock on!
  7. this one a must read for those who cannot understand why we have not yet been swamped by repoed land and houses! http://www.irishtimes.com/newspaper/financ...4249338785.html how long can they keep the house of cards from falling into the sh1t? rock on!
  8. times were good when galway was the fastest growing city in europe but not anymore! "THE company that spawned one of the West's biggest construction firms is facing a wind-up petition from one its suppliers. Michael Fitzgerald & Sons, the original company behind Galway building giant The Fitzgerald Group, has been asked to the High Court to defend against the petition next Monday." http://www.independent.ie/business/irish/f...er-1784823.html rock on!
  9. would seem he had seen the writing on the wall re luxury apartments earlier than most! "When the housing market began running out of steam in 2005, he wound down his residential development activity and tried to convert some of the apartment developments into commercial properties. " http://www.independent.ie/business/irish/m...it-1784853.html with somewhat limited success! rock on!
  10. The DUP leader, Peter Robinson, and SDLP leader Mark Durkan are among 182 MPs from all parties who have repaid parliamentary expenses money. Mr Durkan has returned £1,124. Mr Robinson has paid back £755 while his DUP colleague David Simpson has returned £1,482. The Northern Ireland Office minister, Paul Goggins, paid back almost £13,000. http://news.bbc.co.uk/1/hi/northern_ireland/8108663.stm some have described them as "pigs at the trough" no no no! imho you are doing a grave disservice to pigs!! rock on!!!
  11. feck doccy you got me rantin again! visited a local gov dept yesterday to try and sort out some mind numbing red tape walked through security where 2 officers were so engrossed in their crosswords if i had been bin laden with an AK+RPG i doubted they would have batted an eyelid there were 3 receptionists 2 were so busy discusing their mammies problems i didnt even register with them! the third just managed to lift her finger to point me at a book to sign in without distracting her from her book! the dpt had been open 3 hours i was the 3rd name in the book! overworked or what? finally found who i was looking for who was actually very helpfull though i was distracting her from her facebook she could not answer my question but was able to phone someone who could so a better result than usual! why does this annoy the hell out of me? well my family and i for our sins are heavily involved with a very well known charity who provide palliative care for terminally ill patients in their own home the nurses pay comes 50% from the charity and 50% from the health board which is very fair i think as it frees up a lot of hospital beds for the board the board has just cut its budget for this service in half for this year! need i say more? rock on!
  12. hi sneeze dreams are great where would we be without a dream or 2? buttttttttttttt you need to have a handle on costs! 2 morgages unless two very secure jobs = mental semi if it is going to be let will have to be changed from residential to BTL morgage sugest your hubby starts digging to see how much more that will cost and even do you have enough eqity in it to qualify for a BTL morgage at the moment? cottage requiring lots of work how bad is it ? is it morgagable in its present conditition? do you know how much the work will cost ? if you have just a figure in your head forget it will probably cost an aweful lot more been ther got the tshirt old houses =moneypit! rock on!
  13. FTBS who wont be buying anytime soon! http://www.independent.ie/education/latest...ne-1773771.html UP to 30,000 graduates face a jobs famine when they hit the labour market this month. The private sector is recruiting fewer graduates than last year and on lower starting salaries, according to a major new survey. In the public sector, recruitment has slowed dramatically in the big areas of health and education. A record number of 56,000 students will graduate from universities and colleges this year -- two in every five will stay in further education to get better qualifications and avoid the failing jobs market. Unemployed But that still leaves around 30,000 chasing fewer graduate level jobs -- lawyers, teachers, architects, civil engineers and nurses will be the worst hit. Many will have to "trade down" and accept lower level jobs, take a year out or join the dole queue. The latest figures show 402,100 people are now unemployed, or 11.8pc of the workforce. And the newly published Graduate Salary and Graduate Recruitment Trends Survey 2009 makes for bleak reading for those leaving third level this month. The survey shows that almost a third of employers who normally take on graduates will not be recruiting any this year -- most say this is due to the economic climate. Those who are recruiting are taking on fewer graduates than last year. Graduate confidence is at an all-time low -- only 6pc of graduates in April 2009 were confident of getting a decent "graduate job" compared with 70pc in April 2008. Graduates normally have a much lower unemployment rate than those without third-level qualifications. But the report discloses that many of them still have "unrealistic expectations" of the level of work and the speed of career progression that they will achieve, despite the changed circumstances. Companies say that some recruits have a "sense of entitlement". A massive 52.7pc of employers observe a lack of communication skills in new graduate recruits and nearly 43pc of employers say graduates need improvement in their writing skills, particularly in spelling and grammar. The research was carried out by Graduate Careers Ireland, the professional association for career services in universities and other higher education institutions on the island, with careers publisher, GTI Ireland. The average number of vacancies per company is down from six to five and the average starting salary is down from €24,000 to €23,000. The number of companies offering graduate bonuses in their benefits package has dropped sharply from 60pc last year to only 11.5pc this year. At the same time, employers are looking for better degrees -- the numbers accepting a 2.2 degree has decreased by a quarter this year. The all-Ireland survey also shows that: * The majority of jobs are found in the Dublin area (64pc). * The lowest-paid salaries are found in Northern Ireland (outside Belfast), where starting salaries are as low as £15,109 per year. * Management consulting was the highest-paid sector at €33,000 per year, but this represented only 2.6pc of available jobs. * The greatest number of available jobs were in accountancy and financial management (40.6pc). Growth Although most firms will be recruiting fewer or no graduates, 14.5pc will be taking on more this year than last because of expected growth in business. But over 40pc of employers say they feel there are not enough applicants with the right skills. They report that basic writing skills are often found lacking in graduate applicants. Leadership skills follow with 40pc of recruiters believing there are not enough graduates with these skills while 38.9pc of employers highlight an inability to work independently. When it comes to specific knowledge areas, organisations feel there is the greatest lack of knowledge in business and management. The report says that even in a downturn, top talent is still key to ensuring a company's success. Predictions state that the Irish economy will show a mild recovery in 2010 and Irish companies need to be ready. well if they could write and had a little common sense it might help! rock on!
  14. It'll be 'Erin Go Broke' for next five years IRELAND will have to "suffer" a period of "long, slow, grinding deflation" and wait five years before our economic growth matches that of the euro region, a Nobel Prize-winning economist said yesterday. Paul Krugman, who created huge controversy last month when he wrote a column in the 'New York Times' headlined 'Erin go Broke', said: "You made the decisions that put you in this box a while back." http://www.independent.ie/national-news/el...rs-1763829.html rock on!
  15. maybe its the sun maybe its the liquid refreshment just thinking that while this weeks election here is entirely predictable across the water + across the border the governing parties are in for one which will no doubt result for their leaders in a summer of http://www.youtube.com/watch?v=fY8EeetuZ_A sooo economic crisis + political crisis = http://www.youtube.com/watch?v=aQIxn7s3ym8 rock on!
  16. if ever there was a dead bank walking! http://www.independent.ie/national-news/ta...lo-1756342.html The scale of the implosion of Anglo’s business, where almost a quarter of its €72bn loan book rests with property developers, was laid out yesterday by new chairman Donal O’Connor. He showed that loans in arrears or in trouble had soared from €2.5bn last September to €23.6bn in March. rock on!
  17. tooooo much!!! but then is there is ever bad publicity? they did get their story on the cover of the Irish news (must be a song in there somwhers?) what about thanking our philantrophic 1st minister no doubt he sold his backgarden for a pitance to help ease the acute housing shortage! http://news.bbc.co.uk/1/hi/northern_ireland/8071948.stm rock on!
  18. waffling again noccy! i asked the question in your expensive green tainted land of 40% windpower what keeps the lights on? simple answer with ball park figures will suffice! rock on!
  19. easy being green NOT! http://www.independent.ie/opinion/letters/...nd-1747655.html Friday May 22 2009 I wish to respond to Prof Igor Shvets' letter and article in your paper last Saturday concerning my response to the "Spirit of Ireland" wind energy initiative (Letters, May 16). My calculation of the length of time pumped storage would sustain our electricity, in the absence of wind, as proposed, was based on reservoir dimensions given by Prof Shvets himself in the 'Sunday Times' (December 7, 2008). Such a reservoir would only supply our average national demand in December, about 3700MW, for a mere 15 hours; totally inadequate for a calm period which could last for weeks. The exact reservoir proposal is still unclear from Prof Shvets' letter ("Two or three storage reservoirs will be built"), so one cannot judge their cost or adequacy. As I said in my original letter, there is certainly a place for a significant contribution from wind, especially when backed up by pumped storage, but to suggest that 100pc of our energy needs could be satisfied by wind within five years is quite unbelievable to me. It is interesting to look at the situation in Denmark, world leaders in wind generation for over 30 years. They have similar winds to us but can only achieve less than 20pc. Their terrain would not allow pumped storage but they are surrounded by countries who supply them when wind fails. Many reliable international studies show that nuclear power, as well as being clean, steady and reliable, is one of the cheapest forms of electricity generation. A study by the Royal Academy of Engineering found nuclear electricity to be half the price of onshore wind and one third of offshore wind. Going down the wind-only route will give Ireland some of the most expensive electricity in Europe and will hurt our industrial competitiveness. Prof Shvets mentions his origins in Ukraine, which is where the Chernobyl accident occurred. It is interesting to note that Ukraine has 15 operational nuclear power plants, has two under construction, and is proposing a further 20. We must correct this simplistic and misleading idea that renewables will satisfy all our needs and must also consider nuclear power as a means of combating global warming and replacing dwindling fossil fuels. Philip W Walton, Emeritus Professor of Applied Physics, NUI, Galway rock on!
  20. finally the D word ! but its only technical! http://www.irishtimes.com/newspaper/breaki...0/breaking8.htm rock on!
  21. would seem that on the southern side 1 in every 5 homes are in - equity! cant drop the price cant move welcome to the land of the debt slave! http://www.independent.ie/business/persona...00-1743497.html how many here? rock on!
  22. ahhhhhhhhhhhhhhhhh i maybe mistaken but what i think VI was really saying i have a land bank costing me a lot of interest everyday when i was selling houses they may not have been making any profit but they were no doubt contributing to paying that interest now they are gone will the bank roll over the payments till the green shoots blossom? no he could try and sell said landbank but what would it realise even if he could cyrstalising the losses may not be very appealing to him or his bank or he could try building more and selling them hopefully at what the land cost plus building cost thus slowly digging himself out of the large hole of debt in the same situation would any of us do any differant? but do we really need the bullsh1t VI? the major flaw with this strategy someone buying land today at a fraction of the cost of VIs can build undercut VIs price and still make a few bob! will indeed be interesting to see if new builds have hit the bottom? rock on!
  23. so in noccys new ireland waffle will keep his lights on! facts and figures is all we ask? rock on!
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