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Originally posted by Erasurehead
The people of Ireland must stand up to prevent becoming slaves of the IMF and European Central Bank.
Bankster thieves continue to become richer while the rest of the population is expected to pay for it with "austerity measures".
Originally posted by alyoshablue
reply to post by Aloysius the Gaul
The same thing that is happening in Ireland happened in Iceland. However, the Icelandic people refused to take IMF money and have slowly recovered and in fact, created a whole new constitution as a result.
The view that Ireland was a spendthrift country just like Greece knocks up against the fact that in Greece it was the government borrowing and spending like mad. Whereas in Ireland it was the banks which lent like mad. So posturing by, say, Germany demanding greater fiscal responsibility from Ireland really misleads on the causes of the crisis. Why wasn't the German government (and other Euro governments) preventing their banks from lending so recklessly to Irish banks? Lenders should be responsible for their recklessness. Making the Irish people pay the vast bulk of the bill for mistakes of both Irish and non-Irish banks seems morally wrong. Lending is a risk. That's why the interest rate on commercial loans is higher than the cost of money for very low risk borrowers such as the German government.
Originally posted by jefwane
My favorite quote from the OP article.
A European diplomat, from a large eurozone country, told The Sunday Telegraph that "the more the Irish make a big deal about renegotiation in public, the more attitudes will harden". "It is not even take it or leave it. It's done. Ireland's only role in this now is to implement the programme agreed with the EU, IMF and European Central Bank. IIrish voters are not a party in this process, whatever they have been told," said the diplomat.
My God at the hubris. I agree 100% with rockpuck Ireland should immediately default and drop the Euro. Iceland told the banksters to stuff it they still survive.
edit on 27-2-2011 by jefwane because: (no reason given)
Originally posted by BobAthome
So my understanding of this is that when the poker game was played and the bluff was called after someone ingeniously figured out that the game was rigged by the House of,, any way, both Iceland and Irleland have once again affirded that "we ain't stupid" end of quote.
Originally posted by Phantom28804
Well not sure what you are on about but the European Union was formed in 1993 as basically a new UN due to Germany and France believing that the UN was no longer efficient so to speak. They were also the ones that introduced the first single currency in 2002.
Originally posted by bluemirage5
reply to post by scoobyrob
Thats what the Irish voters should had demanded and voted in the party prepared to rip up the agreement.....so now the Irish are back to square one, the new Irish Govt will NOT be allowed to renegotiate...thats the whole idea of the global bankers in the first place.