European Union leader Olli Rehn offers Ireland hope on bank bail-out deal

Why do Banks charge interest? to pay for operational cost. Operational cost are amoung other things bad loans. If the Banks can cover the bad loans then they being mismanaged, and should go belly up. If I can't pay my mortgage, then I'm in the street. Banks should be the same.

Regardless of the E.U.'s financial aid to the Irish state, or lack thereof, the fact remanis that theere is an ironic twist to that state's desire to form closer links with countries such as Romania and Bulgaria while remaining firmly detached fron the region within Ireland's shores that is at the other side of the illogical Border. Not only are Southern Partitionists who have become Europhiles putting the horse before the cart, they have made thenselves the horse's hind quarters.

An offer isn't a fact.

Ollie, you won't be getting your neo-liberal fiscal debt union as easy as you think. What is a Comissioner but a Komissar?

Promises offered aren't worth the paper they should be written on. Reminds me of my free collective bargaining days in the trade union movement at the Labour Court. Both sides put in inflated claims for what they both know is realistically possible, knwoing full well they'll be beaten down to what was a more realistic expectation. Seems the EU has financially compromised Ireland's sovereign integrity, only to cut some slack to prove how nice a corporate loan shark they really are. Typical nice cop/bad cop approach by the EuroFed CapitalCops.

The Irish Democracy is Walking a Tightrope !

Look out now. If the IMF get wind of an Irish pullout/bailout/subsidy that excludes the needs for tax increases, the IMF will squeak and spew and try to penalize Ireland. The taxsuckers will out? Don't be foolish, buy Gold and sell g'ment short = works every time.

Olli:Long fingering the Irish again.Exactly as he and his cronies did to get the YES vote.

We'd believe the ImF or GoldmanSucks more than you Ollie any day!