"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 Requirementby 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
================================