posted on Nov, 25 2010 @ 06:27 AM
As far as the UK involvement with the EU bailout of Ireland goes, George Osbourne has said that the UK is only involved for two reasons. First is that
they cant get out of it because they are obligated by agreements and so on to do so, and second is that Ireland is a friend in need, and that to
refuse to help would be unnecessarily unhelpful . Reading between the lines, the UK government has put itself in such a weak position within Europe,
that it cannot decide the fate of its tax money, and is so worried about the threat of Irish terror groups reforming to survive the ecconomic winter
in Ireland should the whole countries financial system collapse, that they are prepared to make massive allowances toward Ireland to avoid carnage.
Now, what I find incredibly interesting about all this is George Osbournes stance on the causes of the Irish banking collapse. He has said that weak
regulatory systems, and a general lack of control on the part of the Irish government are contributing factors to the trouble that the Irish finanical
system is having at this time. However, when asked about the ecconomic difficulties which hung over the UK , he said that the best way to fix the
issue would be to reduce the ammount of regulation so that the banks could get on with the job ! He cannot have it both ways, and yet, he appears to
both have his cake , and eat it (probably infront of some half starved street children, knowing the sort of disgusting finance fascist he is).
If he does finaly accept that the cause of our financial issues here in the UK was bad banking practice, then he must accept surely that the correct
way to deal with it would not be to tax and cut till the people bleed , but to force the BANKS to correct thier mistakes AND make reparations for the
damage to the livelihoods of some of Britains most vunerable, and in some cases , most hardworking people.