Ireland Calling


Ireland Calling

by John Spain
John doesn't mince words, and uses the unminced words to talk about Ireland's problems.

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Ireland Calling for April 2011
Wednesday, April 06, 2011 at 09:48 AM

What's Another €24 Billion?

The sky here was dark last week with flocks of chickens coming home to roost. 

After all the promises in the election about a new approach to the economic crisis to protect Irish taxpayers, all the talk about standing up to Europe and making bondholders share the burden, all the guff about telling the European Central Bank (ECB) that we would do things our way, not Frankfurt's way, last week we found out that nothing is going to change. 

There is no real difference in policy between the new government and the last government.   The policy is still to pay up in full and let the Irish taxpayer take the pain.





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