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Comment #571468 by Dave Hammond

Dave Hammond Aug 26th 2012, 12:13 PM #

I think we need to see beyond the party politics of this and clarify a few important issues ,

is it the case that the ECB were so afraid of the contagion that they forced our hand

Is it true that we ( the govts) were also forced to pay unsecured bond holders by Europe

If it is the case that there are letters and correspondence then we should move beyond the partisan party politics and publish fully any information which more fully informs us of exactly how the Irish situation was handled in a more unfair way than that of Spain or Italy would be handled , we should not be expected to shoulder a disproportionate burden of pain for years ahead as the euro project is being badly managed and solutions apparently being made up as we go along. It’s called Freedom of Information for a reason , the hint is in the title!

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Read the article where this comment appeared:

Will Noonan publish the ECB letter that forced Ireland into a bailout?

Will Noonan publish the ECB letter that forced Ireland into a bailout?

Fianna Fáil has called on Michael Noonan to publish Jean-Claude Trichet’s letter himself, after the minister said it should be released.

REPLIES

    Favourite Brend Egan
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    Aug 26th 2012, 12:58 PM

    It was a set up from day one Dave look at how the IMF enter and never leave countries all throughout the world it was only a matter of time before they came for Europe with their successful Bank-debt plan.Now i dont pretend to know much about economics just a lowly plumber but if you see how these guys have operated since their formation in the 40′s you will see a clear pattern of how they break countries deliberately and then step in as oversee’rs claiming that the individual country cannot manage its own finances when the reality is the country was doing just fine before continental or global crisis occurs its just history repeating itself yet again but just closer to home this time.Banks rigg it so countries that were independently wealthy fall into debt in steps the IMF takeover the country implement their own policies which is the stripping of all assets of the unfortunate country they are in send the population into poverty protect the richest 10 15% because that is where the power lies and essentially economically invade a country and rule it then by the power of Fiscal budgeting.Alas create a World Banking Union and have the banks who are made up of unelected heads basically decide the direction and future of Governments and way of life as they see fit.There’s a pretty obvious big picture been painted the people just have to figure out what it is.Pretty for a few bit not for most .

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    Favourite Chris Gardiner
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    Aug 26th 2012, 1:51 PM

    @Brend for a lowly plumber you sure have got a great grip on the facts and thanks for the comment. I see the pattern you describe and i think it is morally wrong and it is up to us to use this knowledge to free ourselves of the exploitation that will follow on by the IMF.

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    Favourite Brend Egan
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    Aug 26th 2012, 2:04 PM

    Chris..Sound..its not about the money just the power .They have all the money already…time to watch the footy me thinks that’s still got some purity too it. Take it easy.

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    Favourite Paul Mallon
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    Aug 27th 2012, 7:50 AM

    You shouldn’t forget though, that the IMF were in favour of burning the bond holders, the IMF supported Iceland’s decisions regarding the same too. Yet for some reason our government decided you should pay for the banks fcuk ups.

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    Favourite Brend Egan
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    Aug 27th 2012, 1:00 PM

    Dominique Strauss Kahn was entertaining the idea of burning the bondholders but was quickly removed from his position i think it was a sexual assault charge that never materialized .Christine LeGarde is good to go on the economical decimation of Ireland and other other EZ countries .

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