slavetoyou (01-07-15), willie wacker (01-07-15)
I found the whole bullshit Gilmore went on with when Xi Jingping was in Ireland a while back about how he'd raise the issues of human rights in China with him more hilarious to be honest.
As if Xi Jingping got up in the morning quaking in his boots about what that stupid dick head would say to him. Same goes for Kenny here.
Last edited by slavetoyou; 01-07-15 at 20:59. Reason: People have short memories when it comes to politics
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pigsmickey (02-07-15)
We were bounced into an unfavourable so called bailout and it was a bailout, for the wealthiest in society and bondage for the rest of us!
I voted for this Government because the last was run essentially from the Dáil bar by a redneck buffoon more interested in singing the lakes of ponchatrain, pissed out of his brains with his gene pool, than being Taoiseach!
His MisGovernment was at a level where it reduced the minimum wage and the blind pension, real lowest of the low stuff!
Ride them on the beaches!
This country was bankrupt.
Kenny &Co had no options as the stupid banks needed massive investments of capital from the Europeans to prevent economic collapse and worse than what the Greeks are flirting with at the moment.
After the boom the government tax take had fallen dramatically hence outside borrowing was and still is needed. If the Irish had tried to dictate things would and were explained to them (ie they had no power to bargain) to continue to receive that outside money .
By 2007/08 the Irish were bent over a barrel and had little ability to cope or have any real bargaining power when the global financial crisis came.They found themselves in this position in large part by their own actions, unrestrained reckless borrowing and lending.
Not much more could have been achieved in the intervening years .
The decision to guarantee the Anglo Irish bank debts was taken by the previous government. And if the bondholders in Anglo had been burned to any large degree the government might have been shut out of borrowing anyway.
This thing of Irish paying the debts of Europe or Germany.Irish are paying the debts of the Irish people/developers who were allowed to over borrow and pay lunatic money for property, and they were allowed do this by the Irish system/government with not even an attempt to apply the brakes.
willie wacker (01-07-15)