>You will never be in a VHS exercising tape with Bertie Ahern

Bertie “No Blackpills” Ahern in 2007

Doing some homework on property investing considering the boom is back.

This lecture by Eddie Hobbs in 2006 seems sound as a pound. Hopefully people take it up and get that 💰💰💰

https://www.youtube.com/watch?v=riFSbr-TgTg

Eddie Hobbs giving sound advice on “gearing” in 2006 (This applies today as the Boom is back)

Instead of buying 1 property with a million, borrow as much as you can from the bank and buy as many properties as you can

lol

Táimid ar ais arís

“This side of the house anticipates that we’ll be drinking loads of Champagne after the summer of next year”

Bertie Ahern was advised in 2000 by the ERSI to slow down the economy

Instead Bertie wanted to attract 200,000 “skilled migrants”, tax cuts and measures to support home owners

The ESRI said the strategy “could end in tears”. It stated budget changes to slow down the economy now would be better than importing immigrants.

Instead, Ahern and Fianna Fáil opened the gates to the first mass wave of immigration and well the rest is history.

Interesting clip of David McWilliams 7th April 2008

He talks about the downfall of the Irish economy and Bertie Aherns failure but note this comment at 1:10

“the economy was going out of control and that very very effervescence was carrying us all along on this perception, you know, everything is hunky dory, that we can absorb in as many migrants as possible, we can drive house prices up and what we were left with is a very serious problem now”

So it seems mass immigration was a driving factor towards the 2008 crash from this comment by McWilliams?

David McWilliams also had this clip from his 2008 documentary “The Generational Game” which was actually quite good - I have it in channel here.

“On top of this we’re receiving more immigrants per head than almost any other country in Europe. Hundreds of thousands of Eastern Europeans are on the move. Our politicians seem to think that we can absorb a limitless amount quantity of foreigners without any social problems. If we achieve this, we’d be the first country ever to do it.”

David McWilliams also has 2 articles about immigration from the 2000s on his blog, read the image for example

https://davidmcwilliams.ie/lets-come-to-our-census-on-immigration/

https://davidmcwilliams.ie/why-immigration-is-a-class-issue/

https://davidmcwilliams.ie/why-immigrants-live-in-navan-not-stillorgan/

However in recent years, like a few days ago, it seems McWilliams isn’t willing to discuss impacts of immigration anymore

And instead shills for it

What changed?🤔

https://twitter.com/davidmcw/status/1621912279020077058

The clip isn't actually in that documentary, though it is in that 2008 documentary series by David McWilliams. The one I linked is the last half of the final episode.

He's uploaded all 3 episodes though of The Generation Game on his youtube.

The clip in question is in episode 2, which is about immigration.

Link below is playlist if you want to watch. I'll prob do so weekend and see if there's any other interesting clips.


https://www.youtube.com/watch?v=rppUXmHFwZw&list=PLBewOUzAmatI4cHAJVSlD9KCRWHjiOy0-

This 1997 Irish Labour Party campaign video is proper nonce behaviour wtf

Bertie's back with Fianna Fáil not even 24 hours and the Santa helicopter rides are already popping up

The Boom is back

David McWilliams in 2003 calling out the Housing Bubble

"The Irish housing market is a scam. It is an enormous financial swindle that could potentially confine an entire generation of young Irish workers to years of bad debt.

Far from being a reflection of economic vitality and fundamental demand the housing bubble is, in the main, a vacuous financial confidence trick that has been foisted upon us by an alliance of banks and landowners.

Today in Ireland the price of the average house is close to 10 times the average wage. This represents an economic failure on a monumental scale. Behind this nonsense is excessive and irresponsible lending from our financial institutions.

The situation would be laughable if it weren't so serious. For example, where else in the world is mortgage lending rising eight times faster than people's incomes..."

Goes hard tbh

David McWilliams in 2015 replaying that above 2003 audio of himself at the banking inquiry

"However, the pressure of returning emigrants and new immigrants has added significantly to the demand for housing. In the Medium-Term Review it was estimated that housing the inflow of workers required around 6,000 dwellings a year and, by adding to the already high level of demand, this has had a very significant impact on house prices....

...Until the current infrastructural constraints (especially in housing) are dealt with, it seems unlikely that returning emigration and immigration will continue at previous levels. If it were to do so it would further aggravate the crisis in housing. Public policy must take this into account and a slow-down in economic growth would be preferable to mounting a major campaign to attract even more labour from outside of Ireland, be they returning emigrants or new arrivals."

- Quarterly Economic Commentary, March 2000

The one mentioned in the video posted earlier.

So ESRI, State Think-Tan, can say in the year 2000 when immigration is way lower than the levels of today that immigration causes pressures on housing - but today this is now racist and not allowed to say.