EU-IMF BAILOUT IMPOVERISHING IRISH: 210,000 people have no money left after paying monthly bills


 April 15th, 2011

Newstalk

A new survey shows just how badly Irish people are struggling to make ends meet.

The research from the Irish League of Credit Unions has found one in five have just 70 euro left each month after paying bills, and a third see no future for themselves or their family in Ireland.

This study’s been labeled the ‘what’s left tracker’ and is the first research of its kind from the country’s credit unions.

7 per cent of people said they have nothing left to live on once they’ve paid their bills.

Even worse, 6 per cent or 210 thousand people surveyed across the country, say their income doesn’t even cover their bills.

Despite some reports that people are putting more of their money aside during the downturn, the tracker shows almost half can’t do that because they’ve no money to save.

Chief Executive of the ILCU Kieron Brennan says it’s clear many Irish families are seriously struggling.

With rising mortgage and fuel costs, and cuts in social welfare, he believes this year will be one of the most difficult for Irish people trying to manage their finances.

http://www.newstalk.ie/2011/news/irish-people-struggling-to-make-ends-meet-ilcu-survey/

3 Responses to EU-IMF BAILOUT IMPOVERISHING IRISH: 210,000 people have no money left after paying monthly bills

  1. John says:

    Leave the people alone!People don’t need MORE gubmint to thrive…they need LESS!

  2. Emanuel van den Bemd says:

    It is a crying shame for Ireland, a country that was doing so well to suddenly end up being stripped of their welfare and wealth. I believe Ireland to be in a worse situation than they were during the world wars when they wrested independence from the British. But low and behold, they are still being controlled by that Infamous Commonwealth Corporation, headed by the Masonic Royalty and the ZIONIST International Banksters hold up in London, Wall street, Frankfurt. Switserland and the many other fiscal fortresses where these secretive greedy monsters protect their stolen booty.

  3. MK says:

    This is absolutely unconscionable. These greedy arses who waste their money on things like suits and shirts worth thousands while others go without anything deserve to be strung up. Despite what the rich believe (i.e. that they deserve rewards for their new and innovative ways of theft), this is a completely unsustainable way to live.

    They are hoping that they can get to their secure hidey holes with all this booty before millions die of starvation and whatever. Well, I have news for them…I don’t think that it will work out that way and I don’t think that they will be able to survive in the horrors left after their attempt to annihilate everybody but themselves.

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