Dail Eireann's 400 Billion Euros (US $565
Billion) Bailout Requirement"Where have the vast sums of
money in question disappeared to? Why is it that
those
responsible for the losses are not being investigated by the police
or
anybody else (as far as I know)?"
"Dublin - Irish
President Mary McAleese signed into law Thursday (October
2nd
2008) a bill that would guarantee all deposits and borrowings
for the six
Irish-owned banks for the next two years, a statement
from the president's
office said Thursday." (For full
M&C Business Report please click on
http://tinyurl.com/3zkrqr
)
================================
Dail Eireann's 400
Billion Euros (US $565 Billion) Bailout Requirement
by Wondering
Thu Oct 02, 2008 15:40
Am I right in thinking this represents
approximately 100,000 Euros for every
man, woman and child in the
Republic of Ireland?
How could such staggeringly large losses
have ever occurred at the hands of the
few dozen (or less?)
senior bankers responsible? Where have the vast sums of
money in
question disappeared to? Why is it that those responsible for
the
losses are not being investigated by the police or anybody
else (as far as I
know)?
Where will the 400 billion Euros
bailout money come from?
How is the 400 billion Euros bailout
money to be paid back?
If compound interest applies, as I'm
inclined to assume will be the case, what
will the total
repayment figure be?
Is there a risk that the whole nation
will now become swamped in a growing bog
of debt that it can
never (in practice) get out of? -- which, in effect, now
gives
the "Money Masters" pretty much full control over us all (more or
less)?
What a
mess?
================================
The above text
has been copied from the following Indymedia (Ireland)
location:
http://www.indymedia.ie/article/89248#comment236959 ================================
For
more information on the "Money Masters" please go to:
http://www.humanrightsireland.com/GerardMadden/21September2008/Email.htm================================
"If
I was German, I would say give me back my Deutschmarks, he (Hugh
Hendry,
chief investment officer and Partner at Eclectica Fund)
added" -- this comment
on the Republic of Ireland's bailout plan
has been copied from a CNBC article
titled "How Ireland Will
Destroy the Euro" at
http://www.cnbc.com/id/26986243================================
Human
Rights (Ireland):
http://www.humanrightsireland.com/================================
The
Spirit of King Ollamh Fodhla, Great Banqueting Hall (Hill of Tara)
& Ulster:
http://www.kingollamhfodhla.com/================================
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