Brian lenihan and Brian Cowen
Just over the wires , Brian Cowen has acknowledged that talks are now in progress what an idiot
We all know this and have known this since last week the real problems are the banks and the huge derivatives losses that they continue to hide .I have said it and say it again Bank of Ireland Is bankrupt so is Allied Irish Bank and I would not be surprise to find Irish Life and permanent also in the Dog House. This Bail out will necessitate to total nationalisation of these banks. I expect the impaired loans of these banks will be incorporated into the national debt and then the IMF with the EU will bailout Ireland and then can expect to get an avalanche of spin about the two Brains heroic efforts to save the nation and they should be rewarded with some medal or other.
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About machholz
I started this Blog to get out of my system the absolute rage that I have for the corrupt politicians and their Banker Buddies. I’m an ordinary guy, married with kids, and have firm opinions of what is right and what is wrong. I’m not afraid to say it even when it makes me unpopular.
I reproduce news all manner of articles, but will always confirm the source of the articles; this is a compliment to the source of such news pieces. But if you do not agree with this and you are the original author, I will take down any article when requested to do so. I do not assume that the author of the news articles share with my views, I include news articles to give readers another slant to my views or to illustrate what the mainstream news media say on the relevant topic.
The opinions expressed are my own but I do not accept liability for them, If I have offended you or made a factual error please put on record the truth by leaving a comment.
In addition, my thoughts and opinions change from time to time...I consider this a necessary consequence of having an open mind. This weblog is intended to provide a semi-permanent point in time snapshot and manifestation of the various memes running around my brain, and as such any thoughts and opinions expressed within out-of-date posts may not the same, nor even similar, to those I may hold today.
For the record I am currently an Independent political activist and am not affiliated to any political party
