Caught the end of Tom Parlon on Matt Cooper this evening. Basic argument was for government to provide ‘stimulus package’ (read bailout) for the construction industry to ‘free up 2 billion euros in unpaid VAT for the government’ (read get some cash into builders pockets so that they can ‘build more houses and employ more people’. He claimed to be talking about small builders who build 8 to 10 houses!
It was basically gthe same lies but he has obviously picked up on the fact that people aren’t interested in bailing out the big developers he represents so he’s trying to spin his desired bailout as helping small family building firms through a difficult period so they can keep young Jimmy the labourer in a job!
I think Cooper enjoys having a go at Tom - never fails to tackle him about the bailout and Tom just keeps coming back for more like the spinmeister that he is, though he did get quite rattled at one stage this evening accusing Matt of repeating some line he’d heard him say earlier this week and basically accusing him of being sarcastic.
Didn’t get a clear answer from Tom when asked if he’d be taking a 10% cut like the CIF members are asking their employees to do - that’ll be a “No” then !
As for the old “VAT-release windfall” chestnut, God only knows what market he is basing his €2b figure on ! Would that be based on 2006 height-of-the-boom sales prices Tom??
A word in your ear Tom…the world has moved on - there aren’t enough buyers out there for all of the poorly-built crap your members are sitting on, and many of them are in locations even the most desperate FTB’er doesn’t want to live even if your developer buddies were giving them away.
Methinks that €2b balloon is losing air at a rapid rate
Should he really be given this platform on the State broadcaster to make a case for his accumulation of a business which will make him a lot of money? The whole thing has been allowing him make a case as to why he should be allowed buy Aer Lingus nothing else
nothing new there, remember last year he opened the season with women injecting eachother with Botox. that type of public funded programming made me go TVless but keep the updates coming.
TV license is a tax we don’t need.
Did anyone else hear the interview with Mike Soden on Marian Finucane, I thought it very interesting, but the children meant I was only half listening to it. He had a lot of harsh things to say, in a polite way, about the current management:
they are paid to see it coming
they can’t recapitalise until they are realistic about loan losses - he thinks they are in denial
they should apologise to their shareholders (of which he is one with 150k shares) and admit that they got it wrong and that they should have been more prudent