Current Account »

  • Shakespeare’s thoughts on Budget 2012

    December 5, 2011 @ 2:29 pm | by John Collins

    For a little light relief before the brutal cuts, a reader emailed us with an amusing re-write of one of the most famous speeches in Hamlet. “Shakespeare can be a fruitful source for reflection, even on budgetry issues, as my above adaptation offers,” she wrote. Here it is in full:

    Hamlet’s Pre-budget reflection:

    To spend or not to spend, that is the question

    Whether its prudent in hindsight to accept the

    Guarantees from Bankers for outrageous fortune;

    Or to take cash, avoiding dodgy credit troubles,

    And by debiting, end them. To spend to save

    No more, and by that saving, say we end

    The headache and the thousand fiscal shocks

    That cash is heir to. Is it a consumerism

    Devoutly to be wished? To spend, to save

    To save, nay, e’er give alms – Ay there’s the rub!

    For in that act of faith what value may accrue

    When we have shuffled off this mortal coil

    Must give us pause. There’s one aspect

    That makes calamity of an inner life.

    For who would hear insider tips- a source of crime:

    The investors wronged, the profit margin’s increase;

    The pain of repossession, the Creditor’s repay,

    The insolence of office of one who earns

    More than is merit yet unworthily takes,

    While another might his fortunes make?

    With a mere mouse click!

    Who would such bad faith bear,

    To grind an sweat under a weary life;

    But that dread of something beyond debt;

    The pre-determined debt-ratio, from whose burden

    No Government dares retrieve, sweetens the pill,

    And makes us rather pay those debts we have

    Than buy in others that we know not of.

    Thus indebtedness makes vassals of us all.

    And thus the natural mode of self-determination

    Is ensnared o’er with the dark clouds of debt.

    And enterprises of great pith and moment

    With interest their currency turn awry,

    And lose the name of action.

  • Were the banks trying to tell us something?

    November 15, 2011 @ 4:45 pm | by John Collins

    Three years on from the Irish banking crisis coming to a head with the Government’s blanker guarantee much has been written about how the authorities failed to see what was coming down the tracks.

    But maybe the signs were there all along for all of us to see? This picture which was sent in by a reader suggests they were.

    A betting office sign in the window of a Bank of Ireland branch

    As our correspondent explains:

    “Took the attached photo  way back in the early seventies, in a town in the Midlands. Thought you might be interested in this photo and find it amusing.
    Was the bank trying to tell their Customers and Share holders something?”

  • Twitter puts the figs in the fig rolls

    October 9, 2009 @ 9:40 am | by John Collins

     

    If you are a bit bemused at all the hype around Twitter, which is understandable given that despite its $1 billion valuation it still doesn’t have a revenue model, be very afraid. One company that probably is quite pleased with the web darling of 2009 is our own Jacob Fruitfield Group. Announcing on its blog this morning that it will soon be available in French, Italian, German and Spanish (FIGS) the San Francisco company illustrated the post with a picture of that perennial Irish biscuit the Fig Roll. I wonder has the Jacobs web master figured out what they owe the spike in web traffic to?

  • The Barney school of management

    August 4, 2009 @ 1:29 pm | by John Collins

    A bit of humour to get you back into things after the Bank Holiday.

    From @dberesford on Twitter (where we are @IrishTimesBiz):

    “In a real ‘barney meeting’ (I love you, you love me, but nothing is going to happen)”

    Who knew the purple dinosaur so beloved of the under-4s had insights to offer on the world on the world of work?


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