70 thoughts on “De Thursday Papers

  1. some old quare

    And now for the daily waves of propaganda from the professional Brexit commentators- none of which will lose a single cent let alone a home if things do actually go belly up. But you know- Independent GB and United Ireland – no pain no gain- your pain of course as we wouldn’t be doing with that sort of thing.

  2. Charger Salmons

    The Tonight Show on Virgin.
    Five guests,two presenters.
    All singing from the same hymn sheet.
    Four legs good,two legs better.
    The Irish media is an Animal Farm of pig ignorant yahoos without an independent thought in their tiny minds.
    No wonder the government gets away with fooling the people so often.

    1. V

      You know
      I might have tiny mind I’m pretty capable of Independent thought Charage
      And I’m not too bad at it either

        1. Brother Barnabas

          he’s right though about the complete absence of opposing views in any debate on brexit, no?

          1. dav

            that’s like looking for opposing views on climate change scientific fact versus fantasy

          2. dav

            though I suppose they could have rolled out Dan O’Brien for his latest version of “damn the peace process – we must capitulate to Britain’s demands”..

    2. Lilly

      Which begs the question, why are you watching it? Don’t you have a remote that transports you to directly to the BBC.

  3. eoin

    This is the most dangerous thing I heard yesterday from Boris Johnson.

    “Let’s start now to liberate the UK’s extraordinary bioscience sector from anti genetic modification rules and let’s develop the blight-resistant crops that will feed the world.”

    We need to have a physical border to stop Frankenstein foods coming into Ireland. A barrier where customs officers can check vehicles for the importation of these foods.

  4. eoin

    New edition of the Phoenix in the shops and online today.

    https://www.thephoenix.ie/current-issue/

    They report on research at the Irish Times which shows it has a working environment hostile to women.

    “It [research undertaken by three Irish Times female journalists] claims the newsroom is a “male-dominated environment which can be intimidating and disrespectful to women. This environment is led not only by the news desk, but also the foreign and business desks.” The women argue this environment leads to men being preferred to cover the main stories, “enjoying greater career progression and ultimately better pay”.”

    1. Johnny Green

      Morning Eoin,reading up on Digi’s scrap in Antigua and came across this,it’s like one the great pieces you can only read in the always excellent ‘Phoenix’,appears the UK cops were deeply involved here.
      ‘On February 21, 2014, the ONDCP arrested the men and charged them with possession of cocaine, possession of cocaine with intent to sell, possession of crack cocaine, possession of crack cocaine with intent to sell, possession of 28 oxycodone hydrochloride pills, and possession of oxycodone hydrochloride pills with intent to sell and possession of cannabis.
      It is alleged that the house in Falmouth which the accused occupied was rented by undercover UK cops.’
      https://antiguaobserver.com/duo-walks-free-from-cocaine-bust-charges/

      1. eoin

        Hi Johnny, no surprise to see Digicel in countries where fact is stranger than fiction, especially when it comes to corruption and skulduggery. It’s still unclear which is the bigger concern with Digicel in Antigua, benefits allegedly conferred on politicians or the leaking of damaging documentation to the media, both have echoes of malarkey in Ireland.

  5. Charger Salmons

    FACT-FREE MUELLER LIGHT

    Just catching up on this after the excitement of Downing Street and Lords yesterday.
    My goodness what a car crash.
    Even the New York Times, which the Irish Times wishes it was, has to bring itself to tell the truth.

    https://www.nytimes.com/2019/07/24/us/politics/mueller-hearings-performance.html?action=click&module=Spotlight&pgtype=Homepage

    It’s clear Mueller’s involvement in the investigation and report which bore his name was limited.
    The Democrats have wasted their time on this ludicrous pursuit of Trump instead of finding a credible candidate to go up against him next year.
    Joe Biden ? Lordy lordy.

  6. eoin

    The London Times reports

    “hordes of [British] solicitors have been registering with the Law Society of Ireland without even being qualified to play for the country’s football team in a bid to retain EU practice rights after Brexit. But they are now realising that there could be a hitch and that they might not be able to practise Irish law — and by implication EU law — without bothering to set up a base on the Emerald Isle. This week Shepherd & Hedderburn, a Scottish firm, became the latest UK organisation to plant a flag in Dublin to ensure all boxes are ticked. It comes after similar moves over the past 18 months from Clyde & Co, Burges Salmon, Fieldfisher, Pinsent Masons, Dechert and DLA Piper. More may follow.”

    You see, it’s not just Jacob Rees Mogg moving his businesses to Dublin.

    1. Charger Salmons

      Yeah,all those hundreds of thousands of jobs leeching away from the City to Dublin.

      * sniggers *

  7. Charger Salmons

    Looks like a good day to have some fun on the markets.
    Might horse into some semi-conductors this am.
    Marvellous.

    1. bisted

      …careful now Charger…you know your judgement isn’t that sound…especially on financial matters…

    2. Rosette of Sirius

      Funny business going on between Japan and Korea right now. Id be mindful. Also AMD are mopping up all over Intel as they won’t have their 7nm tech ready for another couple of years but are reported to be selling their mobile proc business to Apple. One for the longtail. Xilinx is a good stock as is NXP…

  8. GiggidyGoo

    I believe that BJ said that th UK will exit in 99 days, and that after that he will negotiate deals with the EU. (after that).
    So BJ seems to be strong-willed enough to exit without a deal. That leaves the EU in a quandary then. No deal exit happens. Hard border happens.
    Proposed WA dumped.
    Proposed backstop dumped.
    UK leaves,
    EU realizes the economic implications are ultra negative for the EU, and proceeds (after the 99 days) to negotiate deals with the UK.
    At that stage the UK is no longer a member of the EU, so it has nothing to lose at that stage (it has lost already). The discussions on deals then take a different direction, and, guaranteed, Ireland will be sold out (pretty words will be used of course) so that the EU big boys still can sell into the UK without duties.
    I think BJ may well have the EU by the short and curlies.

    1. Hansel

      UK leaves,
      EU realizes the economic implications are ultra negative for the EU, and proceeds (after the 99 days) to negotiate deals with the UK.

      OR

      UK leaves.
      EU has full plan on how to deal with the fallout.
      Irish Civil Service has full plan in place on how to deal with the fallout.
      UK’s innocent population begins to slowly starve and die due to lack of medicines (winter starting and UK growing season ending).
      UK and EU begin to negotiate with UK in worse negotiating position, having lost all opt-outs.
      Now, as you were, finish the rest.

      The weird thing about all this “no deal” talk is that people don’t realise that it means NO deal. That’s no planes, ships, food, medicine, nothing. And while I fully agree that UK can go to the WTO schedule (though USA are actively trying to kill the WTO!) it will kill large parts of their economy overnight. So talking about “no deal” as though it might be comparable to EU membership or status quo is wrong.

      No deal will mean massive upheaval in the UK. Not so much in the EU overall.

      1. bisted

        …OR

        the UK parliamenty majority for remain will assert itself through the speaker and prevent the democratically expressed wish of the electorate from happening…Art50 will be revoked…

        1. Listrade

          ….OR

          it’s impossible to know. We’ve never been here before and have no idea how bad anything will be…or how good. Probability says though that the rich will stay rich, with a little bit of being less rich for a while, and the rest will probably end up struggling even more and may never recover.

          Hard luck to those living on the border, Dublin will be getting some new financial offices employing people from colleges and backgrounds you’d never get into. But we might let you clean the offices if you want a couple of hours after work.

          And we’ll forget that there will be genuine suffering and hardship for people here and in the UK. Because you know what’s more fun? Schadenfreude. Or acting like twats, picking the side of one elite privileged prick over a different elite privileged prick, spewing their words out verbatim as proof our toffs are more right than your toffs. Ha ha ha. Boris and his Eton pals. Look at them. Oh how they’ll fall. Like every other politician who falls, they’ll be back in a couple of years. Some old Eton pal will give them a newspaper column or even a book deal.

          Meanwhile we’ll have our neighbours queuing up even more in food banks, more homeless, medical care sold off among the old Etonians. And how we’ll laugh. How we’ll all keep trotting out our learned responses from our chosen toffs.

          This is fun. It’s fun now that we’re all suddenly economic experts. It’s fun that we can ignore the very likely suffering we’ll see on our doorstep as long as our toffs got in the last word and I was able to cut and paste that onto the internet.

          1. some old quare

            +1.

            Clowns on sites like this who think it is funny to reduce it all to a juvenile game of nationalistic goading when already there are people in serious financial distress. It really doesn’t matter if those people are Irish or English.

            Insensitive does even begin to describe it.

          2. Hansel

            I don’t know if that’s directed at me, but I can assure you that Schadenfreude isn’t my tone or motivation.

            A “no deal” brexit will destroy my livelihood. And people I care about will endure great hardship. The suffering would be ours.

            I’m not sure who in this country, is taking any delight in such matters.

      2. GiggidyGoo

        No deal between this and 99 days. Deal shortly afterwards, with better terms for UK. That’s how I read it.

        1. ReproBertie

          Do you honestly believe that the EU27 and the UK will hammer out an all encompassing deal on the movement of goods, services and people “shortly” after the UK reject the deal it took two years to negotiate? And that this new deal will offer better terms to the UK?

          Despite his bravado and bluster Britain’s unelected teaboy Taoiseach knows the WA is the best option, especially with the British Dáil firmly against a No Deal Sasamach. I would guess an extension followed by an election but it’s really too early to say. Until the dust settles we should just strap ourselves in for loads of big meaningless statements like “the remote possibility that Brussels refuses any further to negotiate and we are forced to come out with no deal”. The man’s a proven liar after all and his only principle is his own interest.

    2. some old quare

      There is no doubt but a no deal will hurt the EU but it will hurt Britain a lot more. The UK has plenty still to lose even after it crashes out. At that point they will be in a very weak position to negotiate anything and probably be at the mercy of the EU to supply life saving medicines.

      Blow Job is a bluffer.

      1. B9Com From No

        Sadly he’s a bluffer surrounded now by ideological soundalikes and other bluffers

        The normal run of things is that after throwing the mother and father of a tantrum any community of Tory fappers close ranks around one of their own
        It’s still early days but “no deal” Brexit is inevitable
        We need to look at the detail of what’s in the side deals now in order to understand what will actually happen in the short term.

        Overall Soq is right ( and so is Giggidy), In a no deal scenario Britain and Ireland will suffer

      2. martco

        oh he’s definitely a bluffer. I think the list of people that tool has assembled is very deliberate & designed to jump-scare, whether it’s enough to unbalance the EU is anyone’s guess but we won’t represent much leverage

        what’s more you’re dealing with a group of people there who have been actively hostile & dismissive of their own citizenry north of Watford never-mind norniron…and definitely of us!

        all I know with any degree of certainty is that we get to be the collateral damage

        because when it all boils down in the end it will always be about the mon€y – morals, humanity, fairness won’t come into play, GFA won’t be worth the paper it’s written on

    3. Cian

      There won’t be a “no deal”. A “no deal” would mean that UK planes can’t land in EU.. and hundreds of other ‘small’ issues. These will need to be resolved or the effects would be catastrophic. The UK can’t afford a “no deal”.

      There may be a mini-deal… where these basic issues are resolved – but even that won’t be simple. For each of there issues there will be a question: “who gets more benefit from this? and by how much?” And all the separate “how much”s need to balance.

      1. Listrade

        “There won’t be a “no deal”. A “no deal” would mean that UK planes can’t land in EU.. and hundreds of other ‘small’ issues”

        That one is sorted, as are several other issues. Deals have been done on aviation and nuclear safeguarding that will come into effect on the date of exit. There just hasn’t been much shouting about them.

        There’s also some bits that really are the EU acting the maggots (hey there France and Spain). For example the UK has said it will honour EU licences and arrangements for movement of goods. EU Says No. France has been particularly obstructive, especially as it is a primary port for goods to UK.

        Behind the scenes of the abject uselessness of the politicians discussing Brexit has been civil servants putting preparations and trying to close as many issues that would cause a sudden collapse as possible. Of course the EU doesn’t have to do anything, it has the right to go for the whole “third country” rules and Britain has to start from scratch. But there’s nothing to stop it being more flexible, agreeing to some of the compromises, allowing a softer Brexit.

        By far the biggest issue is the stuff the government can’t control like Businesses. Brexit preparation has been very weak and slow. Mostly because no one believes there will be a hard brexit, so they haven’t prepared for one. Except that lack of preparation means a hard brexit is more likely, because they have no contingency.

        1. some old quare

          Re: your last paragraph there Listrade. How do you prepare for the unknown?

          I know business people around the border counties in both agri and engineering who’s trade is primarily with Britain and they are at the mercy of their client’s financial health. This is particularly acute where the product lifespan is short and logistics are crucial.

          But even now, orders from some of the supermarket chains are up and down like a fiddler’s elbow. And then there is the whole area of regulations which no one knows how it is going to work because so far, the British politicians cannot decide what they want.

          1. Hansel

            exactly some old quare, I’m working with some of these border companies. It’s a complete nightmare for them. It’s not that they’re dragging their heels, rather that they’re operating in an information vacuum because of reckless political posturing.

        2. Hansel

          OK Listrade, I’ll bite:

          “That one is sorted, as are several other issues. Deals have been done on aviation and nuclear safeguarding that will come into effect on the date of exit. There just hasn’t been much shouting about them.”

          So no deal means deals on aviation and nuclear safeguarding and lots of other deals.

          Please explain this to us: in our house “no food” or “no money” means we go hungry.

          1. some old quare

            I don’t know about your people Hansel but the ones I know are definitely in the SME sector, usually husband and wife teams who have built their businesses from scratch.

            The only advice I can offer is to move their business into a limited company so that at least their home is secure. They generally see it as a pain in the backside because of the extra paperwork but it really is a case of batten down the hatches for a lot of them.

            And the thing is- I really admire these types of people because rather than migrate to the cities, they carved out a living for themselves in some very remote locations- which was never easy in the first place.

          2. Hansel

            some old quare, I’m dealing with large multinationals more than SME’s. Neither are having an easy time of it. And you’d also be proud of the attitude of the multinationals: they’re not throwing in the towel but rather trying to diversify, which is a bit like turning an oil tanker. At the end of the day it’s local people fighting for their livelihood.

            It’s not a case of “head in the sand” from any company I work with.

          3. Listrade

            Hansel, nothing to bite on, I wasn’t bating anyone. Some deals have been struck…some. The UK has made offers to EU to prevent some of the stuff you have suggested. This isn’t politicians, this is civil servants to civil servants. Problem is because the negotiation is with the EU individual countries can’t make a deal.

            So forget the talk about backstops and what politicians are saying, UK civil servants have reached out for deals. That ball is in the EU’s court at the moment. However some countries are looking forward to creating chaos, France being one of them. That kind of game doesn’t help Ireland.

            Trust me, I’m on your side. There can’t be any such thing as no deal. I mean, there already are deals…so it’s already past that.

            As to businesses. I’m dealing with it too. We started the day after the vote, but we didn’t see any real traction in even assessing the impact up until February just before the first deadline was supposed to hit. In fact we ended up helping some very well known multinationals look at risk because they hadn’t begun and didn’t know how to start.

            But I do know that while there are unknowns, there are still things you can do to limit potential impact in the medium term of a hard brexit and most of them haven’t started on the mitigation. They’ve ticked a box that says they’ve assessed it and hope there’ll be a deal.

        3. Cian

          @Listrade, Thanks for the clarification about the no-fly deal. I hadn’t realised that had been passed. Looking at it, it is a 7-month sticky-plaster. This will allow planes fly to/from the UK for seven months after Brexit. At which stage they need to have agreed to a long-term solution (or another temporary plaster).

          If there is a “no-deal” brexit, the first thing that the UK need to do is to formalise all these mini-deals into long-term deals.

          https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CONSIL:PE_68_2019_REV_1&from=EN

          1. Hansel

            Which is what I was getting at.

            No deal means basically hardship death and destruction.

            Boris says he wants no deal.

            Many people have inferred that Boris wants some deals.

            So which deals are included in “no deal”?

  9. eoin

    Last day for the MPs in the House of Commons today before the summer break, they return on 3 September.

    In Ireland, the TDs have already been on holidays for a fortnight and they’re not coming back until 17 September.

  10. eoin

    How much is Ireland paying the Ryder Cup people for the 2026 event?

    Is it more than the Qataris paid FIFA?

      1. Otis Blue

        …Or not, it seems

        “The Cabinet is today expected to sign off on a proposal that will pave the way for the Ryder Cup golf to be held in Ireland in 2026. The Minister for Transport, Tourism and Sport, Shane Ross will bring a memo to Government that will seek to licence the event – set to be held in the JP McManus-owned Adare Manor, County Limerick – in seven years’ time. The Government needs to licence the event by essentially guaranteeing a fund for things like security, traffic management, marketing and improvements to the infrastructure close to the venue.”

        https://www.rte.ie/sport/golf/2019/0724/1065077-adare-manor-to-host-ryder-cup-in-2026/

        1. eoin

          Shane Ross again. You need to watch him like a hawk, especially where licences, grants or expensive transport projects are concerned.

  11. Listrade

    *Compo Culture.

    Nice term because it puts the emphasis on those who claim and not those who leach and profit from the current system.

    Like, say, claim handling firms who are paid to manage an organisations claim process. Supposedly useful if you have a large volume of claims. But that have a nice earner by overestimating the reserve in each case (funnily enough their estimates are always over the excess amount ¯\_(ツ)_/¯ ). But what’s great for them is they are paid based how much below the reserve the claim finishes.

    I could put an reserve on falling off a swing at a night club at €60K, because it could go to court. Even though you have a defendant showing conclusive proof that there is no claim. Even though medical reports may indicate even if you got one of those weird judges who seem to favour the plaintiff, it’ll probably be €15K max. But it doesn’t matter, the €60K is logged on your file and added to your reserve. And so on. All the little claims, ones that are false, ones that are legitimate and over estimated, all there adding up and reflecting on your reserve.

    There’s no incentive to fight cases here. If they can settle for under 60K, then they get their commission. If they settle for….umm the €15K that you had said would be a reasonable reserve, then they get to flag up how great they are, how much they saved. Even though you could have defended.

    Then there’s defending. What’s the point? Current example that will be in the high court. Solid defence (even can even through in some false and exaggerated aspects too…in a signed affidavit no less). We’ll win. Nailed on win (unless one of those judges). But what will we win? Unlikely that even the harshest judge will impose costs on the plaintiff, the perception is that access to justice doesn’t include corporate entities. So we have 5 years of legal fees and time and engineers and medical reports and PIs in order to demonstrate that the accusation of negligence was wrong. But we will have to pay for all that ourselves. On a good day, we could be looking at €30K to win the case.

    We could have probably settled out of court for €25K and saved on 5 years of effort.

    It is cheaper to settle. That’s why (based on a combination of Insurance, PIAB and Courts data 97% of cases are settled). 97. In effect, if you put in a claim you will get some form of money. You are practically guaranteed money. That’s why there’s a compo culture. That’s just personal injuries, not even looking at motor claims.

    The system has grown via third party actors to be an absolute gold mine of easy money. That claim above, the one that’s taken 5 years. It’s down for a reserve of over €90K. Not. A. Hope. But it’s also been on the books for 5 years. There are 15 other cases on the books adding to the reserve too. 5 of those were false accusations that were proven to be false. The plaintiff hasn’t responded…but because we haven’t officially heard from their solicitor that the claim has been dropped, it’s still on our reserve…at the elevated estimate. Cases where we have been wrongly identified as the defendant. But other businesses are slow to release you, some are notorious for it. Eventually we get released…after 3-4 years of legal letters and contract reviews and experts and in some cases high court motions. And you have to cover those legal costs. And you have to have the reserve on your books up until you are released.

    It all adds up. And the premiums go up because your reserve is high. The reserve they made up.

    Compo culture exists in the legal profession and insurance industry as well as TDs and those who make claims.

    But when you hear compo culture, hear it in the tones of Wormtongue, lobbyist for the insurance industry, wanting to take away the focus from them and seeing an opportunity because of MB, whispering into the ears of Théoden, the willing press and government, happy to hear that all is well and that it’s really the peasants who are to blame for everything.

    Not so interesting story. I had a solution (many years ago). This was just before we started getting the rises in insurance. Saw what was coming and a few of the “third party actors” thrashed out some changes that would fix a lot of this. Pretty decent support, but would have been a long process to get through as was radical change to compo system. We all expected the legal profession to be the main ones who objected, after all it would have been a significant reduction in their fees. And they did. But the ones who nixed the whole thing? The ones who put fairly nefarious pressure to get the whole thing dropped? Insurers.

    You have to wonder why they would be the ones who would nix something that would fix most of the PI claims.

    1. Batty Brennan

      Thank you, Listrade, for such a detailed and informative submission.

      Anecdotes of this abuse of the system are not hard to find. I experienced a bogus injury claim myself a few years ago (motor) and it led to 5 years of stress, temporarily increased premia, and seemingly endless dealings with PIs, solicitors, and a barrister. The insurance company settled out of court at the last minute, despite having me primed for a visit to the High Court to give evidence. When I received the closing statement from them, they gave a breakdown of the settlement. The scumbag liar thief who initiated the claim ended up with just over 25% of the payout. The balance went to legals, medics, and PIs. It’s a self-perpetuating scam as far as I’m concerned.

    2. Pip

      Wonderful insight, Listrade. A learning experience.
      “You are practically guaranteed money”.

    3. some old quare

      Thank you Listrade

      It all reminds me of after a farmer dies and the family squabble.

      Someone asks ” who got the farm?”

      Answer= the solicitors.

  12. millie st murderlark

    I really enjoyed the break from Brexit.

    It was like that brief half hour when a toddler stops screaming and falls asleep.

  13. dav

    Blow Job is a confirmed liar..
    https://www.theguardian.com/politics/2019/jul/25/frequent-false-statements-johnsons-new-role-attracts-mixed-global-reaction

    “The Washington Post said Johnson was “known for improvisation, inattention to detail and frequent false statements”. While it noted the similarities between Trump and Johnson, it said the new British PM had “mostly avoided Mr Trump’s hateful appeals to racism and ugly disparagement of opponents” offering an “upbeat vision”.
    The New York Times editorial said “Johnson is about to collide with reality”, who has thrived on theatrics…..
    It’s editorial said while Johnson was a “master of political theatre … his record as journalist, legislator, London mayor and foreign secretary displays far more bluster than achievement, and a disdain for hard work, probity or the truth”.”

  14. Charger Salmons

    Boris currently knocking the living daylights out of Magic Grandpa in the Commons.
    A complete and utter sea change from the Maybot’s dour performances at the Despatch Box.
    The Boris Juggernaut is underway.

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