I've read the conditions the IMF have attached to their loan and I can't see one thing that is bad. Am I missing something? If I'd make any criticism, it is that they didn't suggest we reduce the size of the Dail but that's a minor quibble in the context of their overall conditions. So welcome IMF.
You can't see one thing that is bad. Well, how about the fact that the citizens of Ireland are being made to pay for the gambling debts of European banks who threw money at delinquent Irish banks like Anglo thinking that they would make a killing on the Irish property bubble before it burst!
How do you propose we repay the at least €10 bn a year IMF/ECB interest bill?
The €6 bn cuts we are facing in the budget is for our own domestic deficit.
The total debt we now have thanks to Lenny taking on the bank debts means the country owes over €200 bn. !!
We might as well be trying to put out a house fire with a toy water pistol.
I think the OP was referring to the steps we need to take as a condition to receiving this loan rather than receiving this load itself.
I think the OP was referring to the steps we need to take as a condition to receiving this loan rather than receiving this load itself.
We might as well be trying to put out a house fire with a toy water pistol.
To use another analogy, it's like the crew of the Titanic throwing water back out with cups when the ship is sinking
Or to be more accurate, we're willing to elect a person because we think (and they are happy to propogate the myth that) they get us a passport or a bed in hospital for Auntie Mary.Hell we're willing to elect a person because they get us a passport or a bed in hospital for Auntie Mary.
More like 1 in 8 on this morning's poll. Going the right direction at least.1 in 5 people are still willing to vote FF
More like 1 in 8 on this morning's poll. Going the right direction at least.
....... Going the right direction at least.
Yes that's good but there is a big problem, nobody else to vote for.
This is exactly the problem. Enda and Eamon are no better a combination that Brian and Brian.
Do you not think that the opposition should be given a chance ?
Will people get their heads around the sheer scale of this debt. To use another analogy, it's like the crew of the Titanic throwing water back out with cups when the ship is sinking further and further under the mountain of water debt pouring in.
It is just not possible to pay a fraction of the bank's debt, never mind the whole lot.
To use another analogy, it's like the crew of the Titanic throwing water back out with cups when the ship is sinking further and further under the mountain of water debt pouring in.
It is just not possible to pay a fraction of the bank's debt, never mind the whole lot.
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