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BS: The Irish village that said 'no' to austerity
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BS: The Irish village that said 'no' to austerity |
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Subject: BS: The Irish village that said 'no' to aust From: Jim Martin Date: 06 Jan 12 - 08:40 PM I've been wondering for some time how long it would be before the good people of Ireland said that they'd had enough of this rubbish of bailing out the bond-holders (apart from the Occupy Camps): http://www.guardian.co.uk/world/2012/jan/05/irish-village-ballyhea?fb=native&CMP=FBCNETTXT9038 |
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Subject: RE: BS: The Irish village that said 'no' to aust From: Donuel Date: 06 Jan 12 - 08:44 PM People have wised up that their half trillion share of the mortgage mess does not entitle them to be respondsible for paying back the 92.5 trillion dollars the banks gambled away with easy credit that the banks loaned themselves. |
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Subject: RE: BS: The Irish village that said 'no' to aust From: michaelr Date: 06 Jan 12 - 09:16 PM From the Guardian article linked above: "In 2008, fearing a run on the banks, the country's former finance minister Brian Lenihan agreed to give an unlimited guarantee covering most of the bonds issued by Irish banks. At the time, it seems, he was unaware how much this could cost. The IMF, on the other hand, believed the bondholders should be "burned" and made to pay for their own mistakes, but pressure from the European Central Bank ensured this guarantee was retained. Morgan Kelly, professor of economics at University College, Dublin, has said the true cost of the bank debt could amount to €100bn and warned: "Ireland is facing economic ruin." "Since O'Flynn, a sports reporter at the Irish Examiner, realised the scale of the problem, he has been posting on his blog the ominous amounts the banks must pay out as bonds mature – this month the total will be €3bn. "Where is the money going to come from?" he asks. "Our banks are bust. So it's going to come from us." -snip- The people responsible for this massive crime need to be prosecuted and jailed, and their personal fortunes should be confiscated to make restitution - in Ireland as well as here in the US. It is absolutely intolerable that the white collar criminals get off not only free, but rich. |
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Subject: RE: BS: The Irish village that said 'no' to austerity From: LadyJean Date: 07 Jan 12 - 12:23 AM I just passed this along to some friends. It's too cold for camping. Marching keeps you nice and warm! |
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Subject: RE: BS: The Irish village that said 'no' to austerity From: The Sandman Date: 07 Jan 12 - 01:03 PM we have had enough. good on the marchers |
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Subject: RE: BS: The Irish village that said 'no' to austerity From: gnu Date: 07 Jan 12 - 01:17 PM Irish Spring. I like it tooo. (Irish Spring soap TV advert here.) |
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Subject: RE: BS: The Irish village that said 'no' to austerity From: Jim Martin Date: 08 Jan 12 - 09:15 AM refresh |
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Subject: RE: BS: The Irish village that said 'no' to austerity From: GUEST,999 Date: 08 Jan 12 - 10:24 AM It's time! |
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Subject: RE: BS: The Irish village that said 'no' to austerity From: The Sandman Date: 09 Jan 12 - 08:29 AM re |
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Subject: RE: BS: The Irish village that said 'no' to austerity From: Little Hawk Date: 09 Jan 12 - 06:11 PM Good for them. |
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Subject: RE: BS: The Irish village that said 'no' to austerity From: Jim Martin Date: 11 Jan 12 - 08:18 AM refresh |
