Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Irelandís cash-strapped borrowers face ban on vacations, limits on food spending
Financial Post ^ | 13 April 2013

Posted on 04/23/2013 7:30:21 PM PDT by Lorianne

Irish borrowers struggling to meet their loan repayments may be banned from taking vacations and face limits on how much they can spend on food under guidelines published by the country’s personal insolvency service.

Monthly individual living expenses for people seeking debt relief may be capped at 35.73 euros ($46.7) for clothing, 247.04 euros for food and 33.40 euros for personal-hygiene items, the Insolvency Service of Ireland said in Dublin today. Households in towns with “adequate public transport links” may not need a car, while private health insurance may also be banned, the ISI said.

The guidelines set a “standard of living that is based on needs, not wants, but it is more than survival and allows for meaningful participation in society,” the ISI said. “It should not be regarded as a standard of living for people in poverty.”

(Excerpt) Read more at business.financialpost.com ...


TOPICS: Business/Economy; Foreign Affairs; Government
KEYWORDS: europeanunion; ireland; tyranny

1 posted on 04/23/2013 7:30:21 PM PDT by Lorianne
[ Post Reply | Private Reply | View Replies]

To: Lorianne

who goes on vacation when you are behind on loan payments in the first place?


2 posted on 04/23/2013 7:32:21 PM PDT by Mr. K (There are lies, damned lies, statistics, and democrat talking points.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

Wow - actual CONSEQUENCES to borrowing money that you fail to repay.

Now if only we could apply the same standards to the bankers...


3 posted on 04/23/2013 7:33:05 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne
living expenses for people seeking debt relief may be capped at 35.73 euros ($46.7) for clothing, 247.04 euros for food

They are also capped at 1,750 euros a month for Guinness and Jamesons.

4 posted on 04/23/2013 7:34:22 PM PDT by Michael.SF. (Obama lied, Stevens died.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

Do the Irish lack the concept of bankruptcy?


5 posted on 04/23/2013 7:36:07 PM PDT by RugerMini14
[ Post Reply | Private Reply | To 1 | View Replies]

To: Michael.SF.

They are also capped at 1,750 euros a month for Guinness and Jamesons.
+++++++++++++++++++++++++++++++++++++++
Let’s not get panicky-R.Kramden


6 posted on 04/23/2013 7:38:17 PM PDT by o-n-money
[ Post Reply | Private Reply | To 4 | View Replies]

To: 2banana
Wow - actual CONSEQUENCES to borrowing money that you fail to repay. Now if only we could apply the same standards to the bankers...

If you lend money to someone who can't/won't/doesn't have to pay it back, you're the idiot.

7 posted on 04/23/2013 7:38:36 PM PDT by RugerMini14
[ Post Reply | Private Reply | To 3 | View Replies]

To: Mr. K
This may be of interest to you.

Similar mentality

8 posted on 04/23/2013 7:40:07 PM PDT by Michael.SF. (Obama lied, Stevens died.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: RugerMini14
True. I've got family I will give a meal to, but would never consider loaning them money.

/johnny

9 posted on 04/23/2013 7:41:54 PM PDT by JRandomFreeper (Gone Galt)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Mr. K

Michelle and Barry


10 posted on 04/23/2013 7:42:48 PM PDT by DLfromthedesert
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. K
Yeah, but I wouldn't stand for some govt. paper pusher dictating this to me though.

I'd take one just to say"UP YOURS"!

11 posted on 04/23/2013 7:43:37 PM PDT by Cheapskate (Play loud and carry BIG sticks!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. K
who goes on vacation when you are behind on loan payments in the first place?

I know!

12 posted on 04/23/2013 7:47:51 PM PDT by CommieCutter
[ Post Reply | Private Reply | To 2 | View Replies]

To: appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; goosie; kalee; ...

Preppers’ PING!


13 posted on 04/23/2013 7:54:26 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. K

[who goes on vacation when you are behind on loan payments in the first place?]

SOP for Generation X-Box.

Then that pesky sub-prime bubble went poof and derailed the refied gravy train.


14 posted on 04/23/2013 8:11:18 PM PDT by TArcher ("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2banana; Lorianne; Cheapskate

Back to the "good old days" it seems. Ping me when indentured servitude and slavery are re-instituted.

15 posted on 04/23/2013 8:14:03 PM PDT by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Kartographer
If you own a house and have house payments and lose your job, (look at their unemployment rate), you can't make the payments and feed the family - in fact, it's hard to feed the family without a job. So, they are forced into their form of bankruptcy.

I don't think all these people just charged credit cards until they couldn't make payments on their houses and the cards. Those on here dumping on all these people should consider what would happen if their job disappeared.

Also, when someone says, “I don't mean “x”.” They usually mean “x”.

So, when the man said, “It should not be regarded as a standard of living for people in poverty” - he meant it is regarded as a standard of living for people in poverty.

16 posted on 04/23/2013 8:23:11 PM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: JRandomFreeper
I am old enough to remember when my mom talked about the “poor farm” which actually was a farm where poor people would go and live and it was at “Big Sandy” which was (and I supposed still is) a small town or community not far away from where we lived in east Texas.

Jokes were made about the poor farm - not about the people being there but jokes about not wanting to have to go to the poor farm.

17 posted on 04/23/2013 8:31:42 PM PDT by Marcella (Prepping can save your life today. Going Galt is freedom.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: 2banana
Now if only we could apply the same standards to the bankers...

Congress and hussein should be at the top of the list.

18 posted on 04/23/2013 8:44:09 PM PDT by bgill
[ Post Reply | Private Reply | To 3 | View Replies]

To: Marcella
...”Those on here dumping on all these people should consider what would happen if their job disappeared”....

I know what you have to do when you lose your job and you sure as heck don't plan a vacation! You hunker down bigtime...you pay your mortgage or rent first...upkeep on your car second...and then you eat.

Further you take whatever job you find first to keep the cash flow going, however meager...I slung Hoagies at a Sub-Way...waitressed at a Sports Bar...and hosted at two Golf Clubs....and worked one day a week slinging hotdogs...all of these at once to meet my obligations. My head spun wondering which job I was suppose to be at!

Yes it was hard...I was a Regional Sales and Marketing Rep. Prior...so adjusting was difficult...but I liked having a pay check.

I took the criticism as well from former clients and people who knew me as a Professional in my community. As well as family members.....But my bills were paid every month on time.

I know what it is to eat crackers and peanut butter for a week...and run coffee thru the filter twice....to go nowhere except work and back to conserve gas...You learn to love rice and gravy.

I say this because you can do it...I'm just stubborn enough to not let my circumstances beat me up.

One other thing...you Pray alot!

19 posted on 04/23/2013 8:47:04 PM PDT by caww
[ Post Reply | Private Reply | To 16 | View Replies]

To: Lorianne

That’s $411 US dollars which is about what I budget to spend on food and incidentals each month. Sure, it’s not the high life but it’s not poverty.


20 posted on 04/23/2013 9:02:22 PM PDT by bgill
[ Post Reply | Private Reply | To 1 | View Replies]

To: bgill

I spend more than $411 on food and incidentals for one person each month so I think this figure is terribly low and punitive.


21 posted on 04/23/2013 9:42:01 PM PDT by Ciexyz
[ Post Reply | Private Reply | To 20 | View Replies]

To: Mr. K
who goes on vacation when you are behind on loan payments in the first place?

Ha. You're kidding, right?

22 posted on 04/23/2013 9:50:16 PM PDT by Veggie Todd (Hey, Idiot Kid - pull up your pants!!!!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. K
who goes on vacation when you are behind on loan payments in the first place?

All those that refinanced their homes, then walked away when they were upside down on them.
23 posted on 04/23/2013 10:16:02 PM PDT by yorkiemom
[ Post Reply | Private Reply | To 2 | View Replies]

To: Marcella
Those on here dumping on all these people should consider what would happen if their job disappeared.

We're talking about those that have money for a vacation, but not to make their house payment. Most of us are anyway, from what I've read.
24 posted on 04/23/2013 10:18:50 PM PDT by yorkiemom
[ Post Reply | Private Reply | To 16 | View Replies]

To: caww

You are in inspiration, caww.

A lot like what people were like in the old days and what the younger generation just doesn’t get.


25 posted on 04/23/2013 10:20:50 PM PDT by yorkiemom
[ Post Reply | Private Reply | To 19 | View Replies]

To: Ciexyz

I spend that on the family, not just one person. I don’t see how that’s so terribly low or punitive. Yes, the pantry and freezer are full and no, I don’t use coupons or have a Costco here. Haven’t bought clothes in ages and don’t eat out much. Why eat out when we can relax at home and for much less.


26 posted on 04/23/2013 10:27:45 PM PDT by bgill
[ Post Reply | Private Reply | To 21 | View Replies]

To: Lorianne

We all wonder why King Obama never gets the blame for the Economy. It’s very easy, unlike the Jimmy Carter days, most people aren’t suffering.

Let me amend that, responsible people are suffering, but the Obama crowd is anything but responsible. In the past, people took Public Assistance (the dole) as a last resort, and like it or not there was a sense of shame in accepting it.

Today we have a large portion of our Population that thinks they are owed a Living, and they don’t care who pays the Freight. The hate the Evil Rich, but they would not survive without a Government that commits financial rape against those same Evil Rich to buy the Votes of the supposedly abused masses.

As for me, I live by the Golden Rule as told to me by my Father when I was a whining 13 year old who was “forced’ to work at his Gas Station to earn an allowance, “Nobody owes you a living, so shut up and get back to work”.


27 posted on 04/23/2013 10:46:27 PM PDT by Kickass Conservative (Compliance with Tyranny is Treason...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet
Ping me when indentured servitude and slavery are re-instituted.

Pull your property tax bill, then look in the mirror.     Ping!

28 posted on 04/24/2013 12:30:53 AM PDT by brityank (The more I learn about the Constitution, the more I realise this Government is UNconstitutional !!)
[ Post Reply | Private Reply | To 15 | View Replies]

To: brityank
As if I could afford a mortgage during the Obama ascendancy.
29 posted on 04/24/2013 12:39:16 AM PDT by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
[ Post Reply | Private Reply | To 28 | View Replies]

To: Lorianne
They had this policy in East Germany too.


30 posted on 04/24/2013 12:50:40 AM PDT by Bon mots
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

What happens when the global bankers manipulate markets? They create chaos, people lose jobs, lose their savings, lose their homes, and so forth.

Meanwhile the bankers get a big bonus and funnel some more money to govt drones to hide their crimes.


31 posted on 04/24/2013 3:40:46 AM PDT by driftdiver (I could eat it raw, but why do ithat when I have a fire.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caww

Cutting back even severely only works so far. There is no replacement for having a job and income.


32 posted on 04/24/2013 3:42:41 AM PDT by driftdiver (I could eat it raw, but why do ithat when I have a fire.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Kartographer

Face it, there are two classes. Those of us subject to the whims and crimes of the upper class. And those who can ignore laws, steal, lie, cheat and then close their bank for the day go home and party with $10,000 champagne.


33 posted on 04/24/2013 3:46:01 AM PDT by driftdiver (I could eat it raw, but why do ithat when I have a fire.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Mr. K

“who goes on vacation when you are behind on loan payments in the first place?”

Immature and selfish people that do not have the ability to prioritize like adults. You know, people like our President and RINO’s in congress....


34 posted on 04/24/2013 4:54:26 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. K

Everybody. “Fiscal irresponsibility” is spelled with one word: “Disney”.


35 posted on 04/24/2013 5:10:12 AM PDT by AppyPappy (You never see a massacre at a gun show.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. K

Those who excuse that they need the relief from the stress, or want to take a vacation before they have NO money, or justify it as a way to reward themselves for staying in a job they do not like.


36 posted on 04/24/2013 5:21:46 AM PDT by tbw2
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. K

I constantly hear about people going on vacation whom I know are receiving Medicaid, have debt,have several pets, including horses and are supposedly debilitated from a chronic infection. One brought a stray dog back from Mexico that has been in a University vet ICU for months. They will likely end up not paying for the dog’s treatment, either.

I was flat out told that I could get assistance if I didn’t have assets in a CU account that could be tracked. The implication was that we should hide cash assets in order to receive benefits.

Basically, I hear people encouraging each other to work the system while telling themselves “I deserve this.”


37 posted on 04/24/2013 6:55:13 AM PDT by reformedliberal
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. K
"who goes on vacation when you are behind on loan payments in the first place?"

EASY: - Americans!

38 posted on 04/24/2013 7:30:47 AM PDT by I am Richard Brandon
[ Post Reply | Private Reply | To 2 | View Replies]

To: reformedliberal

Reformed liberal,

You surely don’t expect people who don’t have any religious opinions, people who don’t believe in God, to not take advantage of free stuff do you? In order to get the free stuff they have to hide any assets they have. I understand that mentality. I have seen people whoop and holler, jump up and down with joy when they get to their car after purchasing something from a store and find the store made a mistake in their favor. It is the same.

Only a moral people can handle freedom.

The Republic, The United States of America used to be a moral, religious people, we now sadly are not.

I personally believe that The Evil One has gone after the family because the destruction of the family, family values, will take with it morality. He has been right on and is winning.

Anytime you see any ordinance, law, statute or any regulation you should think about what affect it will have on family. If it is bad for family then it is bad.

Many churches are pro gay marriage. Gay marriage is evil, is destroys family values. If any pastor comes out in favor of gay marriage, or in favor of single motherhood I know they are influenced by The Evil One. I am not saying they are evil but they are listening to the wrong voices. Abandon those pastors like you would poison.

I will restate what I said, morality will only be found with religious people. Religious people will only be found in families. Yes there are exceptions but by and large the above is true.


39 posted on 04/24/2013 7:43:30 AM PDT by JAKraig (Surely my religion is at least as good as yours)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Kickass Conservative
As for me, I live by the Golden Rule as told to me by my Father when I was a whining 13 year old who was “forced’ to work at his Gas Station to earn an allowance, “Nobody owes you a living, so shut up and get back to work”.

Same here.

I wish my dad had a gas station that I could have worked at 13. I had to push a lawn mower if I wanted any money.

I had my own "lawn care" business 46yrs ago.

40 posted on 04/24/2013 9:10:19 AM PDT by painter (Obamahood,"Steal from the working people and give to the worthless.")
[ Post Reply | Private Reply | To 27 | View Replies]

To: JAKraig

YUP!


41 posted on 04/24/2013 9:15:28 AM PDT by painter (Obamahood,"Steal from the working people and give to the worthless.")
[ Post Reply | Private Reply | To 39 | View Replies]

To: painter

Did that too, along with a Paper Route.

Whatever it took. My Dad also told me there is always a Job out there, you make not like the Job, but it’s there.

Of course, that was before anyone would imagine this Country would Elect a Marxist wannabe like Obama.


42 posted on 04/24/2013 9:21:54 AM PDT by Kickass Conservative (Compliance with Tyranny is Treason...)
[ Post Reply | Private Reply | To 40 | View Replies]

To: Ciexyz
I spend more than $411 on food and incidentals for one person each month so I think this figure is terribly low and punitive.

All I need is enough money to buy a roll of duct tape and a can of WD-40.

43 posted on 04/24/2013 9:32:46 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: driftdiver

The fact is cutting back and taking any job avaiable does work.....you take ‘whatever job you can get’...and you work it until you can change the equation to something more favorable.

I even sold my furniture in the front yard to meet my obligations....you do what you have to do...that’s just the bottom line.

My adult son lost his job, third tier in a national organization....never saw it coming....within a short time he decided ‘time to go to work’....’pumped gas at a local gas station’...and hated it! But he did it until he found suitable employment for his skills.

I never said you only cut back, you do that AND take whatever job you can find.


44 posted on 04/24/2013 10:55:16 AM PDT by caww
[ Post Reply | Private Reply | To 32 | View Replies]

To: tbw2

When I was working no brainer jobs to make ends meet...and believe me I know how to enjoy rice and gravey!...On pay day I bought a dollar package of miniture candy bars as reminder I still had it good ...and to encourage me that better days are coming...and they did!

You play all kinds of head games to mentally stay the course until on the other side.

If someone thinks they have it really bad....go visit a cancer hosptial, or visit the veterans hospital. Puts things in perspective.


45 posted on 04/24/2013 11:02:57 AM PDT by caww
[ Post Reply | Private Reply | To 36 | View Replies]

To: yorkiemom

My granddaughter lost her job and her car in one swoop....she moaned and groaned about not finding work in her field and not having any money to do anything with. She asked me what I would do...I told her to apply at everyplace within walking distance from her home....which were few at best. Explaining that the goal was to get cash flowing first.....

I was so proud of her...she went to the Golf Club that very week and was hired that day....banquet waitressing. So she’s now saving for a car.

The problem is that people are unwilling to lower their standard of living...and do the hard work to get themself back on their feet.


46 posted on 04/24/2013 11:10:44 AM PDT by caww
[ Post Reply | Private Reply | To 25 | View Replies]

Comment #47 Removed by Moderator

To: Lorianne

Wow. Sounds like one giant poorhouse over there!


48 posted on 04/24/2013 4:50:53 PM PDT by Tolerance Sucks Rocks (Drag Me From Hell!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2banana
Wow - actual CONSEQUENCES to borrowing money that you fail to repay.

Now if only we could apply the same standards to the bankers...

Which bankers failed to repay?

49 posted on 04/24/2013 4:56:38 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 3 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson