What you don't see is that at the end of the interview, he stormed off the set knocking over his water saying he could not believe Margaret worked for the Irish Times.
He should be working for the newspaper & she should be in government.Well done young lady I congratulate you on winning the debate hands down.He said he has been working for the government in Ireland for past thirty years,twenty nine too many.What arrogance.
She gets to talk unverified, generalised populist waffle and he has to respond? His biggest crime is that he called the Dáil the parliament, it's like he's trying to get backs up :/
And he's not the Junior finance minister, not at all. He's the Junior Minister at the Department of Finance with responsibility for the Office of Public Works.
Its like watching dumb and dumber, although I'm not sure which is which. She was talking nonsense, but just doing it with an air of confidence that suggests she actually thinks she was making points of substance.
Like, she bangs on about 12 jobs being lost for the want of €3000 in liquidity, apparently incapable of subjecting this claim to a sanity check. Why put store in the opinion of someone so guillible?
Governments around the world have given trillions to banks in order to increase liquidity in the credit markets. (With little or no accountability, mind you)
If a small business can't get a loan for 3,000 to save 12 jobs, can we expect their financial strategy to work on a macro scale?
The same bank has probably paid out millions in bonus money to the knuckleheads who have run the banking system into the abyss.
I do agree with you on one important point: the dress was INDEED lovely.
The point is that this isnt a credible story as an example of small company liquidity problems. At less than €300 per job, in a country where the average industrial wage is about €600, there clearly must be more to the case for credit to be refused.
Particularly as the source of the story is a politician lobbying for a supporter, its just not a valid example to be using in this debate.
Id expect anyone with a modicum of business nous to figure that out from the raw facts. She didnt.
I fail to see how her point wasn't extremely credible. The minute size of the loan highlights how unwilling banks are to give money to small and medium size businesses.
The credit crunch is crippling and I can assure you it doesn't matter if you default 3k or 30k when you're a small business if you can't find the money the banks will be merciless when it comes to getting their money,
Even if it's like trying to squeeze blood out of a stone.
People at the moment have credit card limits far higher than €3000. The source of the story is a politician called Willie Penrose who says the person was trying to move his sole trader overdraft limit into a limited company. If thats not causing you to wonder if there isnt a little more to this case, I really cannot help you.
Incidently, Im not saying there isnt an issue in the impact of banks being overextended. Just that the example she made so much of shows her to be gullible.
I find it amusing that you're sharpshooting her comments. You should be much more concerned that the Irish Junior Finance Minister was unable to formulate any sort of intelligent rebuttal in this debate. If her points were without merit , he should have shut her down.
He didn't, which means either her points are salient, or this will be Mansergh's (or is it schuhart01??) last televised debate.
You should tell your buddy not to bring a knife to a gunfight. Maggie don't play.
Well, what we can agree on is that Mansergh's failure is amplified by the weakness of his opponent. I think he fell into that old trap of arguing with an idiot. She dragged him down to her level and then beat him with experience.
How rude and arrogant michael mansergh is!
What you don't see is that at the end of the interview, he stormed off the set knocking over his water saying he could not believe Margaret worked for the Irish Times.
rh7onda7 8 months ago
if you turn off the sound at 3:10 it looks like he's rapping
savagecabage 11 months ago
join my facebook page,,vote no to mansergh...
PATRICKEIRE 1 year ago
Dreadful little man. That was almost two years ago and now the country is a basket case, an IMF basket case.
stpd1957 1 year ago
Comment removed
stpd1957 1 year ago
imagine mansergh looking at this now.....what a shower of..(i will not insult you as you have been insulted enough already)
hiline2009 1 year ago
Look at his condesending hand gestures , put her down little bully, this guy should be put down he is vermin
MarksMarketing 1 year ago
Martin Mansergh is just a moron everybody knows that. All that is bad in Irish life is represented by his disgusting and corrupt to the core presence
MarksMarketing 1 year ago
@MarksMarketing She was proved right as the IMF are in Ireland now...
yam500 1 year ago
omg how is this DITHERING FOOL part of our government , god help us ,
maplebanks 1 year ago
Mansergh comes across as a complete fool and an arrogant ditherer. Time to vote out Fianna Failure!
bacabu30 1 year ago
Margaret Ward is living in the real world.
I really don't know what world Mansergh inhabits but it's not Ireland 2009.
rh7onda7 2 years ago
He should be working for the newspaper & she should be in government.Well done young lady I congratulate you on winning the debate hands down.He said he has been working for the government in Ireland for past thirty years,twenty nine too many.What arrogance.
cervantes600 2 years ago 4
@cervantes600 he is what i would classify a retard fool
graham640 9 months ago
She gets to talk unverified, generalised populist waffle and he has to respond? His biggest crime is that he called the Dáil the parliament, it's like he's trying to get backs up :/
And he's not the Junior finance minister, not at all. He's the Junior Minister at the Department of Finance with responsibility for the Office of Public Works.
EddiePops 3 years ago
Its like watching dumb and dumber, although I'm not sure which is which. She was talking nonsense, but just doing it with an air of confidence that suggests she actually thinks she was making points of substance.
Like, she bangs on about 12 jobs being lost for the want of €3000 in liquidity, apparently incapable of subjecting this claim to a sanity check. Why put store in the opinion of someone so guillible?
But her dress was lovely.
schuhart01 3 years ago
Governments around the world have given trillions to banks in order to increase liquidity in the credit markets. (With little or no accountability, mind you)
If a small business can't get a loan for 3,000 to save 12 jobs, can we expect their financial strategy to work on a macro scale?
The same bank has probably paid out millions in bonus money to the knuckleheads who have run the banking system into the abyss.
I do agree with you on one important point: the dress was INDEED lovely.
gbharkin 3 years ago
The point is that this isnt a credible story as an example of small company liquidity problems. At less than €300 per job, in a country where the average industrial wage is about €600, there clearly must be more to the case for credit to be refused.
Particularly as the source of the story is a politician lobbying for a supporter, its just not a valid example to be using in this debate.
Id expect anyone with a modicum of business nous to figure that out from the raw facts. She didnt.
schuhart01 3 years ago
I fail to see how her point wasn't extremely credible. The minute size of the loan highlights how unwilling banks are to give money to small and medium size businesses.
The credit crunch is crippling and I can assure you it doesn't matter if you default 3k or 30k when you're a small business if you can't find the money the banks will be merciless when it comes to getting their money,
Even if it's like trying to squeeze blood out of a stone.
wildeside1 3 years ago
People at the moment have credit card limits far higher than €3000. The source of the story is a politician called Willie Penrose who says the person was trying to move his sole trader overdraft limit into a limited company. If thats not causing you to wonder if there isnt a little more to this case, I really cannot help you.
Incidently, Im not saying there isnt an issue in the impact of banks being overextended. Just that the example she made so much of shows her to be gullible.
schuhart01 3 years ago
I find it amusing that you're sharpshooting her comments. You should be much more concerned that the Irish Junior Finance Minister was unable to formulate any sort of intelligent rebuttal in this debate. If her points were without merit , he should have shut her down.
He didn't, which means either her points are salient, or this will be Mansergh's (or is it schuhart01??) last televised debate.
You should tell your buddy not to bring a knife to a gunfight. Maggie don't play.
gbharkin 3 years ago 2
Well, what we can agree on is that Mansergh's failure is amplified by the weakness of his opponent. I think he fell into that old trap of arguing with an idiot. She dragged him down to her level and then beat him with experience.
schuhart01 3 years ago
Why are people complaining about lending standards being reimposed?
Invirtuo 2 years ago
Margaret Ward was outstanding, you were half right we just watched dumb. Brian Cowen is the dumber partner and then we have Calamity Coughlan.
TheOwl365 3 years ago
Go, Margaret!!!
quentinfotts 3 years ago 2
Mansergh you imbecile.. you're the very personification of fiddling and dithering
ciaranmgwd 3 years ago 6
@ciaranmgwd
isnt he just!!
strasheep 1 year ago