Tag Archives: Bailout

Why Bank Bail in and Bail out Wont Work. Case study Iceland and Greece

By: Sam_Chee_Kong As  most of us can remember that Iceland was the first country that went down  during the last Global Financial Crisis in 2008. During that time Iceland had  done something remarkable and that is during the five years … Continue reading

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Ireland will enter a less invasive programme in 2014?????? (Bulls***)

A former deputy director of the IMF has warned that it’s unlikely Ireland will be in a fit state to exit it’s bailout programme next year.His comments completely contradict suggestions made by the Social Protection Minister Joan Burton who said … Continue reading

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Bank bailout protesters to descend on the Dail on first day back after summer recess

By Namawinelake Last weekend, the communities of Ballyhea and Charleville in county Cork held their 80th weekly bank bailout protest, a dignified 15-minute modest display that demonstrates, for some at least in Ireland, they will not go quietly into the night and … Continue reading

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Spain imposes further austerity measures

MADRID—Spain’s government imposed further austerity measures on the country Wednesday as it unveiled sales tax hikes and spending cuts aimed at shaving (EURO)65 billion ($79.85 billion) off the state budget over the next two and a half years.A day after … Continue reading

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The Peoples Convention

Diarmaid O Cadhla diarmaid.ocadhla@cppc.ie Dear friend, Attached is a .PDF copy of a statement issued on my behalf by The Peoples Convention. The statement is important because it is an attempt to expose the role of the party system in our … Continue reading

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The Bank bailout(Private bondholders) is illegal under Bunreacht Na hEireann, the Irish Constitution

The current government are guilty of treason and the pervious gangsters from the former government are also guilty of treason .They have betrayed the Irish people and the republic in favor of their pals ,the faceless bondholders who are now sucking … Continue reading

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Negative Equity and Debt Restructuring

We are all aware for the huge problem homeowners are facing with negative equity issues Dr. Constantin Gurdgiev has outlined here in this article a costing and a possible road map of what a possible bailout of the ordinary Irish … Continue reading

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Greek trouble dead ahead again!

Yields on Greek 2-year government bonds hit 46.84% today, a  eurozone record. The surge in yields follows a report that $8  billion in bailout funds could be in jeopardy after Greece missed its reform  goals and an announcement by Greek Finance … Continue reading

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The toughest Budget ever in December?

By Namawinelake This Thursday 21st July, the 165* men and women who comprise our main democratic organ, Dail Eireann, will take off for their summer holidays and return again eight weeks later on 14th September. Nothing unusual about that – last year … Continue reading

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