Im fed up of it all now…I demand Enda to give a ‘State of the Nation’ address next week in simple no jargon english and tell us what the hell is going on…and what is being done to fix things…

its all going to the banks enda is the EU’S whipping boy…..if u havent realized we paid out 1 billion to anglo and bank of ireland yesterday….were also paying 3.5 billion out to banks before the budget…….this country is going to pay back 500 billion of bank debt while the ecb and other euro countrie laugh at us………alot of people are fed up….thats why you seen enda nd hollande having that meeting yesterday to blindside and take everyone’s eyes of what else is going on

Yeah, but where do they get their money?

@creamy absolutely right!
I cannot understand this blind insistence on deficit spending; relying on the promise of infinite future growth.
Our grandchildren are in for a right laugh…

Didn’t Jim Corr mention the studied the One World Currency thesis as the ‘Endgame’ to this delibrately planned global economic collapse…but media vilefiled him and made him look like an right egit…but I have a weird feeling that he might be right…only time will tell..hold you judgment on Jim till then..

Paul,

I fully agree. The universal currency will be offered to us as the solution to all our problems.

This has all been organised in great detail over the past number of decades!

End of Bond…..it would appear.

This is a great example of two things. 1). Our European partners helping us and 2). The agenda of so many on this site re: demonising Europe. The EU has done plenty of bad things re: Ireland but your argument is absolutely undermined when it becomes so apparent that opinions ate so blinkered. Loans at half the interest rate we are charged are good. They pay for Gardai, hospitals and schools. And yes, quite possibly for loans accrued by IRISH people. I know this doesn’t sit we’ll with those who went to the Sean Quinn school of responsibility abdication but there you go…

@Vincent call me a cynic but seeing as we are due to pay off just over 1 billion euro to bond holders before the end of next month I’m holding my breath on that money going to pay for Gardai, hospitals and schools. Consider this if the ECB (European partner in theory) had not forced us to turn private bank debt into sovereign debt there is a good chance that we would still be in the market. Moral of the story is to pick your friends carefully….

#Kerry…it amazes me that the Europhiles never dwell on how we accrued this debt. I don’t remember any British/French/German armies marching into Ireland and demanding that we head own to our local AIB / BOI/ TSB etc and borrow money for that second house, that third holiday or the BMW. We borrowed the money. Europe is providing finance to us at cost price at a time when because of past mistakes, we’d pay through the nose for it. Credit where it’s due. Criticism when appropriate. That’s all I’m saying.

Europhobes, I meant..

@ Vincent. What second house, third holiday or BMW? The cost of the Anglo Bank bailout will be 52 billion. None of that money went to an ordinarily punter none of it. Most of the money that went into what are laughably called our pillar banks was to cover their losses when they transferred bad developer loans to NAMA. The myth that Kenny is peddling by saying that “we Irish went a little mad” in Davos is bullshit. The only groups who went “mad” were Irish banks and developers and those from outside this state who didn’t do a proper cost analysis before they decided to climb onto the perceived gravy train that was lending to Ireland. The ONLY ones paying for that folly is the Irish citizen. It’s got nothing to do with being for or against Europe. It’s against statements saying “we accrued this debt” because “we” did not.

#Kerry. Sorry. I’m 37. I lived through the Celtic Tiger years. I saw this nation go nuts. I saw it everywhere. People too good to take “menial” jobs. The huge houses. The big cars. The one up man ship. It’s a matter of historical record. Record car sales. House prices rising via speculation. The conspicuous consumption. Maybe you were living in a cave or something. But it was obvious to everyone else. Ordinarily I’d dismiss it as denial. But that’s dangerous. Because if we don’t collectively recognise our own role in our downfall, it could happen again. We were like teenagers given our parents credit cards for the first time. Man United fans sing “always the victims, it’s never your fault” at Liverpool fans. I often think of Ireland’s left when I hear that.

Older then you Vincent and I emigrated in the 80 during the last crash before returning in the late 90′s. I see we have gone from second houses, third holidays and BMW to big homes and big cars. Progress your seeing the light :-) Yes some did go crazy and over spent over extended themselves BUT the debt we are talking about here is private debt run up by rogue Irish banks and developers and I repeat again that is not the Irish citizens debt but we are paying for it. Why?

And no I wasn’t living in a cave like many in Ireland I bought a nice house at a realistic price I could and still can afford and no big cars. So again I’ll ask what has Anglo Irish bank 52 billion to do with “we” the Irish citizen and why are “we” the Irish citizens expected to pay off a failed bushiness debt?