Tuesday 21 May, 2013
WE’VE PAID €1.25BN back to the senior bondholders in Anglo amid warnings of a ‘bomb’ going off in Dublin.
There’s been a State of the Union, a copyright legislation controversy, and some words from the Taoiseach that did not go down well at all.
Here is just some of what happened over the past week, in quotes:
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What a week. You didn’t have to work too hard this week looking for them Hugh. Enda and his the “Irish all went mad, they’re all a shower of greedy fools who have to be asked more than once” or something like that.
If he was really looking for greedy fools, he’d only have had to look at Leo Varadkar. Talk about greedy. How many gaffs he had this week. Telling us the truth re troika’s bomb threat, his advisors being able to bend wage limits, and now saying referendums are undemocratic. Way to go Leo!!!
General Charles Pinckney describes the collapse of the US first currency. A fiat currency called ‘the continental’.
“…he had lost fifteen thousand guineas by depreciation; but he would tell the gentleman what further injuries it had done – it had corrupted the morals of the people; it had diverted them from the paths of honest industry to the ways of ruinous speculation; it had destroyed both public and private credit, and had brought total ruin on numberless widows and orphans.”
We’ve had the ruinous speculation and seen public & private credit dry up. Just coming over the horizon we’ll see the widows & orphans get it in the neck.
What ‘Forest Gump’ Kenny doesn’t seem to realise is that what has happened in Ireland is not a case of people going mad. It is the beginning of the end of another fiat currency.
Why when as a country we need gifted,clever business, savvy people we end with up 3 teachers and a trade unionist to run us it really shows there is no God looking out for us.We’re F***ed.
Kenny may be a lame-duck Taoiseach, but look on the bright side – Leo actually sees himself as a future Taoiseach. In fact if you could look into Leo’s little mind he probably thinks he should be top dog right now. And he did try to shaft Kenny during the attempted coup, but the Castlebar Calamity was too weak to send Foot-in Mouth into the wilderness.
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