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Posts Tagged ‘ Ajai Chopra ’

The Top Ten Most Hated Men In Ireland

We have in recent years grown accustomed to hating those who have inflicted pain upon us. Sadly given the current state the country is in most of these hate figures stem from past and current governments who have sold us down the river. But among this batch of hate figures lies more than political greed and ignorance as infamous sports stars and circus clowns who pose as singers also feature in our list of the top ten most hated men in Ireland.

1)Phil Hogan-Ireland’s very own Mr. Fix It has become a forlorn figure in recent weeks after his disastrous attempts to persuade 2 million people to pay the household charge failed miserably. As of the March 31st deadline less than half of those eligible had yet to pay the €100 charge. Cracks are also beginning to emerge in the coalition such is the ferocity of the argument against paying the tax.

2)Bertie Ahern-A man of many friends who has become the face of the recession. The former Irish Taoiseach used his many bank accounts to swindle money from left, right and centre. Rumour has it the Oxford dictionary are redefining the meaning of corruption. Expect a picture of Bertie to feature beside it. The disgraced former Fianna Fàil leader is also available for promotional work, if you would like to contact him simply hashtag #willdoanythingformoney or open a cupboard near you. He may be lurking nearby.

3)Sean Fitzpatrick-The wanker banker is a cult hate figure amongst the Irish people having been at the forefront of the banking crash. The ex Anglo Irish chief hammered out loan after loan and will never be accountable for his actions. Prosecution should befall him sometime soon if there is any justice in this world.

4)Brian Cowen-hardly surprising that the iconic alcoholic and legendary Irish ballad singer features on this list. Far be it from me to mention in the first sentence that he succeeded his comrade Bertie, such was his lack of leadership and constant failings. Biffo will forever be remembered as nothing more than an incompetent and senseless moron whose main claim to fame is a drunken television appearance.

5)Enda Kenny-One year into his tenure as Irish Taoiseach the man viewed by many as our very own problem solver is drawing the ire of those who elected him. Pre election promises have failed to materialise but then again what’s new. Has “tried” his best to be seen to be repressing the urgencies of the European Union on many issues, imparticular our low corporation tax. Expect the act to fall sometime soon and Angela Merkel and Nicolas Sarkozy will get their way. Big changes are required if Kenny is to return to popularity amongst the Irish public.

6)Gerry Adams-Vile, deceiving, inept just few of the words that could critique the life and times of the Sinn Fèin leader. The republican has more secrets than Pandora’s box. His chequered history is common knowledge amongst the people of Ireland. Adams tested the waters last year when he put forward his comrade Martin McGuinness in the presidential election. He will no doubt have been surprised by the reception McGuinness got and expect Adams to run for the Àras in the future.

7)Jedward-Love them or loathe them you can’t ignore them. Despite not having a musical note between them the Lucan duo have gone on to achieve great success following their stint on X-factor. After a solid turnout at last year’s Eurovision, one would expect Jedwardmania to propel Ireland further up the ranks this year.

8) Ajai Chopra-The deputy director of the IMF’s European department has been a regular visitor to these shores in recent months following the decision by the Irish government to sell our economic sovereignty to the powers that be in Brussels and Berlin. “Chopper” is a 20 year veteran with the IMF and shoulders some of the blame for the burden of debt placed on the Irish people. Had it not been for the economic ineptitude of repetitive Irish government’s he would not have become the notorious celebrity he is today.

9)Brian Kennedy-The Voice of Ireland himself. Self proclaimed media whore, once wrote a song or two and continues to publicise his less than popular book by making ridiculous insinuations. Irish rugby captain Brian O’Driscoll has yet to clarify whether or not he is in fact Kennedy’s sweetheart.

10)Thierry Henry-Irish people certainly know how to hold a grudge and no one will ever forget the France striker’s handball that effectively ended Irish hopes of making it to the 2010 World Cup.

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Senior Economist Warns Ireland “Should Be Praying” for Second Bailout

The head of Economics at Dublin City University today claimed that a second bailout in inevitable for Ireland and insisted we “should be praying” that the European Union, International Monetary Fund and European Central Bank would be willing to facilitate it.

Professor Tony Foley made the comments when speaking on RTÉ’s Morning Ireland radio programme. He said such an offer would be preferable to the Government’s current proposal of borrowing approximately €12 billion on international financial markets next year as this would invariably lead to crippling interest rates as the country attempts to repay its massive debt – estimated to reach €206 billion by 2015.

Professor Foley’s comments come less than 24 hours after Citigroup economist Willem Buiter stated that Ireland should negotiate a ‘standby’ second bailout in the event we are unable to return to the markets.

European Commissioner Olli Rehn’s spokesman, Amadeu Altafaj, has labelled such speculation as unhelpful given that the first programme was delivering and that Ireland had enjoyed positive growth and banking sector reform in 2011.

In another blow to the Irish economy, a new Goodbody Stockbrokers report has predicted further protracted growth in 2012 and claimed Ireland will not achieve the 3% of gross domestic product deficit target by 2015.

Goodbody chief economist Dermot O’Leary said he expects the country’s GDP ratio to rise to 124% in 2014 and has revised down GDP growth estimates to 0.7% for this year from 1.2%.  GNP, excluding multinationals, and domestic demand will fall by 0.8% and 2.6% respectively.

Officials from the EU, IMF and ECB are in Dublin today, undertaking their fifth review of the €67.5bn loan programme. The talks are being headed by the IMF’s Ajai Chopra. The troika will review figures for 2011 and establish targets for the Government and the economy over the coming months.

Mr Chopra said, “A restructuring of the circa €30 billion in promissory notes (in relation to Anglo) provides an opportunity to reduce debt to a more sustainable level without the difficulties that Greece is currently experiencing with private sector involvement.” He added, “Another important issue is the speed at which the banking system is deleveraging.”

An Taoiseach Enda Kenny will meet British Prime Minister David Cameron in Downing Street on Thursday to discuss the ongoing debt crisis.

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