Hat’s off to Germany’s Chancellor Angela Merkel for telling the banks the truth: the German people can’t pay and they won’t pay the eurozone’s gigantic, fractional-reserve bank debts. The Irish government very cheerfully sold its people into perpetual debt slavery under the IMF and EU without batting an eye in scenes worthy of Shakespeare.
The Irish Times – Tuesday, November 30, 2010
Lame team failed to point finger back at ECB
PETER MATHEWS
OPINION: The ECB is 50 per cent culpable, but we are to pay 100 per cent of price
THE GOVERNMENT has signed us up to a bad deal. The European Union and the European Central Bank (ECB) have stitched us up. The taxpayer is now being forced to repay money to the European banking system as well as the Irish banking system because of policies implemented by the Government, by people who frankly don’t know what they were about and haven’t the wit to learn from those who do, even when it’s clearly and comprehensively explained to them.
Read more at: http://www.irishtimes.com/newspaper/opinion/2010/1130/1224284430017.html?via=rel