Getting grimmer.

Fresh from the Central Bank:

At end-June 2012, there were 761,533 private residential mortgage accounts for principal dwellings held in the Republic of Ireland, to a value of €112 billion.

Of this total stock of accounts, 83,251, or 10.9 per cent, were in arrears of more than 90 days. This compares with 77,630 accounts (10.2 per cent of total) that were in arrears of more than 90 days at end-March 2012.

* The number of accounts that were in arrears of more than 180 days was 65,698 at end-June 2012, equivalent to 8.6 per cent of the total stock. At end-March, the number of accounts in arrears of more than 180 days was 59,437, or 7.8 per cent of the total stock.

* There were 45,165 accounts in arrears of less than 90 days at end-June 2012. This figure reflects a fall of 2.4 per cent since end-March, when there were 46,284 accounts in short-term arrears.

*While the number of accounts in arrears of more than 90 days increased by 7.2 per cent during Q2, the total value of arrears outstanding on these accounts increased by 11 per cent.

Residential Mortgage Arrears and Repossessions Statistics: Q2 2012 (CentralBank.ie) 

(Eamonn Farrell/Photocall Ireland)

Mmm.

Trippy.

By Grace McEvoy who sez:

This week and next week’s cover are animated gifs. For a while I’ve been collecting and reblogging images I like or find relate to one another on my tumblr as an archive of material to use for future projects. For this cover I’ve re-appropriated and re-mixed a selection of these images to form a kind of ‘techno-mental dreamscape’. I’m interested in this idea of altered states of mind mediated by technology, imagined landscapes and our desire to conjure up ideas of ‘the future’.

 

Le Cool Dublin

If you’re lying to plain speaking folk,
And you’re caught out while pulling a stroke,
You’ll be taught by some cynic,
In a spin doctor’s clinic,
To smile, and announce you “misspoke.”

John Moynes

Unless you think you can do better?

Oh yes, it’s a  Thursday ‘Rick OFF.

Free Darklight Film Festival pass to the best Limerick on the theme above.

Lines close at 12.30pm

UPDATE: the winner:

Enda Kenny has egg on his face,
From a visit that never took place,
Now historians moan,
About the National Loan,
And his speechwriter’s going to be replaced.

Clifford Killeen

Barry J Murphy writes:

Moany French and English rugby unions complaining cause they don’t get enough silverware. Belittling the huge achievements of Irish clubs who have not been finishing in the lower tiers of the Rabo12 that the article suggests.

 

Premiership And Top 14 Clubs Threaten Breakaway From Heineken Cup (Guardian)

Germy Coll writes:

A clique of taxi drivers is behind this wildcat industrial action. 

Five hundred or so taxis have a permit for the airport, which out of 12,000 taxis operating in Dublin, is a very small minority.

The majority of permit holders in the airport are drivers who are old school. These are drivers whom deregulation did not adversely affect (no mortgage, kids left the nest, bungalow in Wexford paid for, etc.).

These guys drive the E and S class Mercs,the 5 series Beemers, Cadilac Chrysler C300s. These are the blokes who start all the ‘revolutions’ in the ‘Kesh’. [he name placed of the taxi holding area at Dublin airport].

Taxis at Dublin airport are the exception to the rule….go to any other major international airport and you will see that taxi holding areas are anything up too 5 miles away from the terminal and are called by the airport authority when require.

In other words, the taxis work for the airport….not the airport authority working for the taxis, which seems to be the case at Dublin airport.The majority of drivers at the airport today would’ve much rather worked the rank today but the guaranteed intimidation by ‘semi-retired’ drivers would be just unbearable.

It really is a wonder the DAA left these people operate so close to the terminals for so long when you see the condition they leave the the place in.

If you have time go and look at the holding area….it’s at the back of the Radisson hotel. It’s well worth a look: 30% of taxi drivers are breaching both dress and vehicle codes at the airport. Enforcement must be increased.

Anyone?

Earlier

 

(Sasko Lazarov/Photocall Ireland)

Broadsheet.ie