Imagine the Irish Army running Ireland. Answers on a post (card) please.

Imagine the Irish Army running Ireland. Answers on a post (card) please.

Even more of a sense of entitlement from the officer corps than we have from the current crowd who make the decisions. They all have valets. Its positively victorian

Even more of a sense of entitlement from the officer corps than we have from the current crowd who make the decisions. They all have valets. Its positively victorian

Imagine the Irish Army running Ireland. Answers on a post (card) please.

Better than the shower of brainless shites that pass for cops or senior civil servants.

Are you claiming that all the officer corps in the current Irish PDF have valets?

Rubbish.

This applies particularly to the idea of a common bank resolution fund. It is a great idea, but political resistance to it will be so big that it will not be implemented in full and in time. It will not solve the crisis.
The solution can come only from a combination of two instruments – debt monetisation through the European Central Bank and default into the European Stability Mechanism, the €500bn rescue fund that becomes operational in July.

there is more

The DF work very hard and do exactly what they are told to do.

There has not been batmen in the DF for many years ( well before I joined anyway ). If you went in and asked the mess staff to press a shirt he'd laugh in your face and piss in your tea.

Are there waiting staff in some messes ? Yes, there are. They are part of the dining facility and not assigned to any officer in particular. Not all officers messes have them, especially the smaller posts

80%+ of the cadets that commissioned a few weeks ago were degree holders before they went in.

Perhaps I am living in the past as my only knowledge of this stuff comes from conversations with soldiers 15 or 20 years ago./ Do officers press their own clothes and polish their own boots then?

Denmark’s banks face larger writedowns this year than those endured in 2011 as rules enforced since April take a bigger toll on lenders than the industry predicted.

“We anticipate that loan losses won’t decline in 2012,” Per Tornqvist, an analyst at Standard & Poor’s based in Stockholm, said in an interview. “There’s no doubt that the provisions need to be done, and the sooner the better, in terms of working it out of the economy.”

<snip>

‘Elevated Risks’

“Elevated risks in agricultural lending are contributing to downward pressure on the credit profiles of Danish lenders and covered bonds,” Moody’s said, as part of its review of 114 European lenders, including eight Danish banks.

Denmark is still struggling to emerge from the fallout of its property market collapse. House prices fell an annual 9 percent in February, the country’s statistics agency said last month, and by next year real estate values will have dropped 25 percent from their peak in 2007, the government-backed Economic Council said in November.
Given the frailty of bank balance sheets amid continued house price declines, lenders face an uphill battle convincing investors that Denmark won’t be the scene of further creditor losses, according to Mads Thinggaard, senior equity analyst at Copenhagen-based Nykredit Markets. He says tightening writedown rules before the crisis is over is likely to hurt the industry.

“A lot is about convincing funding markets there’s not going to be another bail-in and this won’t help,” Thinggaard said in an interview.