Today’s Irish Times
Reggiecide writes:
‘Up to seven billion’…
Let’s take that with the pinch of salt we need for every utterance that comes out of that failed utlitity but why is the Irish Times continuing to allow such obvious spin to dominate its front page. After peddling fear (which few bought) throughout the General Election campaign you have to hand it to them for their stamina if nothing else..
In fairness.
Irish Water abolition ‘would cost State up to €7bn’ (Irish Times)
Sunk costs are irrelevant. They’ve already occurred.
The benefits forgone are the domestic water charges valued at €1.6 billion that would be collected in the period to 2021, yeah, if people were all paying.
and a further €1.6 billion in savings that are part of the utility’s business plan to 2021.
Who would put any credibility in those figures, considering how much spin IW generate?
Accountants.
It’s how finance works.
“Who would put any credibility in those figures, considering how much spin IW generate?”
RTE are.. non fupping stop spouting the spin.
Anyone recall Sinead O’Connor interviewing Ryan Turbridy asking him was RTE state run TV?
https://youtu.be/_O-BnastCMw?t=125
You have Turbridy answering there, “no not at all, it’s run by independent people who wouldn’t ever interfere with programming.. ” Yeah right.
She was spot on.. Obviously not so much with the camera man who she hung out to dry IMO, but still spot on.
Claim that abolishing water charges would cost €7 billion is totally misleading and pure scaremongering
http://www.peoplebeforeprofit.ie/2016/03/claim-that-abolishing-water-charges-would-cost-e7-billion-is-totally-misleading-and-pure-scaremongering/
Probable huge buy out clauses on the high up folk contracts and redundancy payments for permenant staff. The euros aren’t long racking up with that cost alone.
And here come the excuses. It’ll cost billions to wrap up, Brussels won’t let us…etc. etc. Take the money from the pensions of the incompetent ministers who set this odious entity up in the first place.
But also, we shouldn’t wrap it up.
It’s too big to fail *cough*
So has everyone who has already paid water charges on Direct debit cancelling it now? Should we all cancel? What a mess!
yes, those who have paid won’t be refunded, http://www.independent.ie/irish-news/water/irish-water-crisis/no-refund-for-families-who-have-paid-water-charges-34503703.html
and irish water will try & force the DD’s through ASAP to try and maximise the amount they can scam of people
Wait wait, so they are getting rid of Irish Water now?
It would seem that people have no issue with water charges, just IW so FF are going to introduce their own version of IW and everyone who is refusing to pay will then pay and it’ll all be grand.
that’s bound to work. How naming it Irish Water 2, everyone and not just the drones will pay next time for sure
Sure they will!
It’s already over for domestic charges.
I’d say Coveney’s prevarication last night was the last nail in the coffin – no one is going to pay if even the originators of the scheme are dithering, since there’ll be no refunds and they’re not going to pursue non-payers.
Hurrah for antiquated water systems! Boil notices for all!
Lets just wait for it all to go tits up big style before attempting to do anything about it!
Right…
If only the state had other sources of taxation to tap into that could possibly pay for the provision of water. Oh for the days when it was entirely free and run by fairies.
Next they’ll be talking about making abolishing fees for primary and secondary education, and then we’d have no money to build schools.
Great – so PAYE workers will just pick up the tab for everything again, wonderful. Why would anyone bother their holes to conserve water when they know it won’t make any difference to how much they have to pay?
*psssssst*
It already doesn’t make a difference if you conserve or not – it’s a flat charge.
A flat charge that costs more to collect than it would make were 100% of people to pay it.
I support paying for what you consume and the cost of producing it *over* a generous free amount.
I oppose a flat tax regardless of income in order to pay for a network to be rebuilt from scratch. By tradition we fund capital projects through taxation, not poll taxes.
in a way I kind of agree with you – wasn’t it meant to be a flat charge initially, and then metred charges rolled out over a couple of years? I think that flat charge was yet another fudge by FG and Labour on the issue; it should have been metred charges from the get-go.
“By tradition we fund capital projects through taxation, not poll taxes.”
– by tradition, utilities are paid for according to the amount the person has used.
awwwh, de blushirts are all upset… yummy
In decades to come PhDs will be written about this example of how not to administer a public service.
Decades to come??! In Saudi they are trying to set up PPPs at the moment. IW is surprisingly well known.
Bet they ran those figures through a colander.
Wow. What clowns. Glad I never paid or signed up.
Me too
Whatever about water charges being charged to households , would people be happy to let the water services go back to the local authorities?? Who left it in a heap and managed it like their personal fiefdoms??
I want a national authority, not a commercial semi-state.
Abolishing Irish Water doesn’t preclude centralised control.
Fair enough. No problem there
+1
New management and protection from privatisation in IW2.0
use the 7BN to buy San Pellegrino, job done
Next up, ripping out all the water meters and handing them back to DOB for a refund…well we can dream can’t we.
€7bn? It’ll be nowhere near that figure. But after what we’ve been forced to pay to prop up the banks and the golden circle…sure I’ll take two.
I want the water system in Ireland to be fixed, no leaks, no poisoning etc.. I don’t mind paying a water charge as long as its reasonably priced and not the most expensive in Europe, like everything else in this country.
But I don’t want to be paying a bill which is going to be scrapped soon anyway, they’ve already got some money from me.
+1… I feel like I’m in some sort of limbo now
Too right Junky. I’d like to see a separate number of companies set up nationally to compete with IW. Competition forces service to increase.
Where’s Zuppy?
IW have kidnapped him
Surely they realised Zuppy paid for the water through his motor tax and that VAT increase? The fools
Divert the money being used to repay unsecured bond holders odious debts into the water infrastructure. There. Fixed.
the IT are reporting ‘Irish Water have claimed it could cost €7bn to wind up’; they are not reporting ‘It will cost €7bn to wind up irish water’
The only part of their figure that are gospel is the €100 million they are saying is needed to pay off the directors and top earners in the company. As if they haven’t got enough.
Cancel your direct debits immediately!
I actually agree with the water charges (though they should have been metered (reasonably) immediately) but feck that, if they’re going to scrap it and not make refunds, I’m going to cancel my direct debit. Can you, actually? I thought that once you grant DD permission, only the biller can change it?
I just cancelled my direct debit, and I know another 2 who also did the same today.
Also, didn’t a director of Irish Water resign recently after 2 or 3 years in the job and get a big fat pension? I’m not paying for anymore Quango pensions. Fupp the lot!
all the money they spent setting it up and putting in meters wouldve eaaaaasily paid for updating the whole system. And FG and LAB would probably be looking at another 5 years in office together right now. Even tho they dropped the ball on a multitude of other things, they wouldve been able to say “we fixed a dated water system at no extra cost to the tax payer”,
Sorry you’re wrong there. Metering expenditure to date + costs to set it up are about the same as one year’s network investment needs….600 million.
To get the whole network up to scratch and to ensure that the EU commission don’t fine the irish state for letting untreated p@&s and sh@t into our rivers and coastal areas will costs billions. To put it in DNS parlance…the network is in a jocker.
And John Tierney retires in April. That’s some charmed life he’s had.
Incidentally where’s Elizabeth Arnett these days? Haven’t heard from her in awhile.
Will “Busy Lizzy” be rewarded like Tierney too….where did they come up with the
7 Billion wind up figure and then the inspired piece in the “Old Lady’s” front page
The reality is Irish Water is history and a monument to the politican’s and so
called public service that dreamed it, hoping that it would be a cash cow for selling
off once the revenue stream got going… .As well as the Tierney retirment package
we need to tackle the golden packages that the recently sacked politicans are
collecting.
i wonder where tierney will go next ?
http://www.sfgate.com/blogs/images/sfgate/tgoodman/2006/10/01/Worstboss250x156.jpg
RTE possibly Lyric FM to replace Gay Byrne
I’ve just noticed having walked all over Old Bawn and MIllbrook in Tallaght yesterday there’s no meters outside all the houses. Thousands of houses. I haven’t looked further afield like Jobstown, Killinarden etc. but I wouldn’t be surprised if they are not there also. Did people power push the installers back in Tallaght, and how could they roll out charges when the biggest suburb in the country isn’t in?