sacodetoro
Lifer
The people should I've rioted when it mattered then.
Irelands debt is 1000% of it's GDP they have no option but to be bailed out.
Irelands debt is 1000% of it's GDP they have no option but to be bailed out.
there should have been riots a couple of years ago and it wouldnt have come to this. There should have been riots when the Irish people were forced to vote on the lisbon treaty for the second time which totally went against the will of the people but no one rioted... no one ever does. And by the time they do it is too late because the damage is done.
The people who died for this country to be free are being dishonored every minute of every day as we allow it to fall apart.
I dunno Wes, how far do people need to be pushed. And this attitude of "well its not hurting me yet so I dont care" is what allows the government get away with the shit its getting away with.
This sums it up perfectly for me, it is a quote from Pastor Martin Niemöller regarding the turning of a blind eye of German intellectuals as the Nazi party rose to power. It always strikes me as being very relevant in Ireland - so long as I am okay that is all that matters
They came first for the Communists,
and I didn't speak up because I wasn't a Communist.
Then they came for the trade unionists,
and I didn't speak up because I wasn't a trade unionist.
Then they came for the Jews,
and I didn't speak up because I wasn't a Jew.
Then they came for me
and by that time no one was left to speak up.
It's not only Ireland that's affected, it's a disease called the global financial system.
If you are willing to (a) learn a thing or two, and (b) give up two hours of your life in order to do it, this link may be of interest:
http://vimeo.com/13770061
gona have to take the bail out.
maybe it time to bail out of the country.
lol there will come a time probably next year where we will have to bail out of the country
can some one explain this to me, thei own billions already(does any one knoe exact amount?) to EU and getting another loann from them to pay earlier one, it just makes no sence to me
They wont give us an exact figure its that high I dont think the bailout sum is enough to even fix the country and we will never be out of debt
our children and there children and there childrens children will be paying it back for a long time now would be a good time to start thinking about
leaving Ireland
can some one explain this to me, thei own billions already(does any one knoe exact amount?) to EU and getting another loann from them to pay earlier one, it just makes no sence to me
The whole thing has been very unclear to the people but it is the ECB that lent the banks such as AngloIrish Bank all the billions. Anglo cannot pay them back now. ECB Bondholders want their money back. The Irish government in 2008 guaranteed the banks in the event if they cannot pay the bondholders then the Irish tax payers will have to pay.
This has happened now. The bondholders want their cash back so now Ireland has been offered a Bailout fund. If we accept the bailout then we use the bailout to pay off the bondholders but with a better interest rate that paying bondholders.
If Ireland refuse the bailout then afaik we can stick up the middle finger at the ECB bondholders but we as a country will be kicked out of the EU