Byrner
09-17-2009, 12:10 AM
I watched the news tonight or should I say last night, and they were going on about NAMA ( National Assets Management Agency) They must think the tax payer are idiots :( They are buying up all the bad loans that the developers took out and cant pay back, using tax payers money. Which leaves the developers off scot free, can you imagine oweing the bank lets say 3 months mortage, they would be after you in a flash lookin for their few quid.
But yet all the big fat cats get away with it, I think that a lot of goverment big wigs had invested millions in property and now that the bubble has burst they are helping set up NAMA so they don't loose there ill gotten gains.
Please make sure NAMA does not go through and also vote NO to Lisbon :)
But yet all the big fat cats get away with it, I think that a lot of goverment big wigs had invested millions in property and now that the bubble has burst they are helping set up NAMA so they don't loose there ill gotten gains.
Please make sure NAMA does not go through and also vote NO to Lisbon :)