Posted on 12/13/2010 2:27:27 PM PST by george76
The Irish are hopping mad for the same reason Americans are hopping mad: government bailouts of banks and financial firms. But give the Irish parliamentarians credit for "keeping it real." Whether facing the Irish public or the Irish pubs, the Irish pols do not hide from the public as do their American counterparts.
The Irish politicians may have played footsie with the financial and property firms of their country, as our own country did. But the Irish pols seem willing to stand center ring and take the shots they've got coming to them. Ours seem to be hiding in their locker rooms.
(Excerpt) Read more at news.yahoo.com ...
Seriously, is there any proof that bailouts are actually keeping American business competitiveness afloat? Especially smaller businesses?
Bump, want to see what they do.
What the Federal Reserve is up to, and how we got here.
http://www.youtube.com/watch?v=PTUY16CkS-k
Quantitative Easing Explained.
There’s nothing funnier to most of America than Ben Bernanke’s claim that he’s not printing money.
Bailouts went to the huge corporations on Wall Street and such...not to small businesses.
This article is total crap.
The Fianna Fail party promised there’d be pain pushed back to the bondholders in the banks as well as taxpayers alike.
Once the bailout was approved, the following week they guaranteed the tax/pay package would not include any hits to bank bondholders.
Granted, the theory is that without confidence the Irish bank bondholders won’t finance any further lending and Ireland will never be able to get away from the IMF loan sharks.
But the FF party and Gowan are still lying sacks. And they’re all gone in the next govt, so no wonder they don’t mind mixing it up. They’re off on to their next scams already.
Well, at least they were honest, with “fail” in their party name...can you imagine the “Democratic Fail” party?
Yup they totally screwed over their own people for the globalist bankers! I am surprised I actually thought the Irish would put up more of a fight like the Icelanders did they threw out their govt. and are now on the road to recovery, but of course we have no room to talk given how the bankers were bailed out here.
Iceland offers risky temptation for Ireland as recession ends
Ireland’s Fate Tied to Doomed Banks
Up to €50 billion—nearly $50,000 for every household in the Emerald Isle.
http://finance.yahoo.com/news/Why-the-Irish-Crisis-is-Going-usnews-4028366968.html?x=0
They lied and lied again read this one..
Ireland’s Fate Tied to Doomed Banks
http://online.wsj.com/article/SB10001424052748704506404575592360334457040.html
Ireland’s Debt Servitude
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100008812/irelands-debt-servitude/
“1. It’s not “Fail” it is Fáil
2. Shouldn’t you be skeddalin’ down to the general store and get some tobacky fer grannie’s pipe? If’n she runs out she’ll be in a right on’ry way.”
Well...I am aware that it is Gaelic, meaning “destiny”, as in “destined to fail”.
http://en.wikipedia.org/wiki/Sarcasm
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