Comments on: No cash for trash, please!

By: paddythepig

paddythepig — Fri, 10 Apr 2009 07:14:09 +0000

Lads,

Explain where the 1600 billion figure is coming from please? The Budget NAMA proposal referred to taking on property loans of a book value of 80 to 90 billion.

Paddy.

By: wills

wills — Thu, 09 Apr 2009 21:47:36 +0000

tim,
thks tim,. much appreciated.

By: Furrylugs

Furrylugs — Thu, 09 Apr 2009 11:29:04 +0000

Worth a look chaps,

http://www.coolpower.ie/products/solar_pv_tiles_slates_ireland.html

By: Furrylugs

Furrylugs — Thu, 09 Apr 2009 10:53:17 +0000

Every time I think of something significant to say, along you come with something as good as this and leave me profoundly speechless.
Ex uno disce omnes

By: Furrylugs

Furrylugs — Thu, 09 Apr 2009 10:26:20 +0000

Attaboy Deco.
I’m going to (discreetly) let a few people see this post. I might know shag all about economics (sorry DMcW..was bluffing all along) but this is my bread and butter. We’re in the middle of a battle to save Bantry General at the moment so a positive project will reinvigorate the old veins.
Much appreciated commentary.Gur a maith agat.
Will keep you in the loop.
BTW. Anyone surfing here that thinks this is just another kooky idea going nowhere, watch this space.

By: Tim

Tim — Thu, 09 Apr 2009 09:35:40 +0000

gquinn, *gulp!*

By: Philip

Philip — Thu, 09 Apr 2009 09:28:55 +0000

Just do not confuse the plate ratings with what you actually get. I am aiming to cancel out a background power drain of 2-400w most of the time. Much better option for low power applications than turbines IMO. Latter gets much better at the high end 10-20Kw plus – but fearsome money. If I could get a community of 5-6 houses relatively close together to chip in, you’d have a real system. Needs a lot of time and effort.

By: gquinn

gquinn — Thu, 09 Apr 2009 09:06:06 +0000

Your maths is correct and no you havn’t misunderstood either.

I just think the 40% figure is not high enough because as I detailed in my earlier posts the unemployment rate has now passed through a limit point that is going to cause massive property price collapse similar to what happened in 1982 (Irish propery prices took a big hit then).

I think the proper figure for the writedowns is somewhere between 60 – 80% to be more realistic. People need to look at the whole economy and look at the trends currently happening especialy our exports falling off a cliff etc.

That means the tax payer would be looking at giving the Banks 1,280 billion (1,600 billion * 80%).

By: The Eye

The Eye — Thu, 09 Apr 2009 09:03:42 +0000

Might be a good area for the country to invest in research bringing the tech up to date, if in a cloudy cold country like Ireland we could make it work it would certainly impress.

By: The Eye

The Eye — Thu, 09 Apr 2009 08:51:33 +0000

We are the end of the food chain and we know we are when it comes to oil etc. We should try planning ahead for a change, I think every motorway and dual carriageway in the country should be lined with wind turbines, noise or planning would not be an issue.
comment please anyone?