What an absolute Gombeen!!

I don’t get it. Why extend the guarantee?

Scumbag.

Simple because Fine Gael/Labour are following in the footsteps of Fianna FAIL
Nothing will ever change in this country, rob the poor and look after the politicians RICH banking friends

Because the ECB said he could.

Meanwhile while the banks and equity funds rub their hands before the pyre of taxpayers money that the government is determined to keep stoked to point of pauperising anything living above ground, the banks refuse to use the resources given to them to alleviate mortgage defaults or improve credit. Everything, absolutely everything, that can be done to mollify the banks has been done by two governments now. The Cowen-Lenihan bank guarantee has brought a rain of ruin on the country. The promises of the new government parties in the election manifestos about bondholders and Frankfurt and easing the burden were quickly broken. Funny the way nine of the Ministers have resigned over those matters.

I do NOT trust this man and his party in anyway, shape or form.
They are Fianna Fail version 2.0 – and like the Green party attached the Fianna Fail, I suspect Labour will just be as damaged in name, reputation and stance on issues.

Just a quick reminder Michael
Don’t forget to include Anglo’s liabilities in the guarantee.

These the same banks who told him, Innda and the others to as good as fuck off when they ASKED (not instructed) them to enforce the ECB interest rate cut? Spineless worthless group of individuals we ave in government. Boys in the banks mst be really looking forward to Christmas now…

Dear Mr Noonan,

Go fu*k yourself.

Yours Truly,

The Irish People.

This is madness.

doing exactly what FF did before……. all the labour heads on here can get down of their holier than thou perch now….

I presume he has extended this guarantee also to the ones that have outright REFUSED to pass on the drop in interest?
Amazing! Looking after the banks yet again and forgetting about the actual people on the street.

IF YOU EVER NEEDED YET ANOTHER INDICATION OF WHERE FG AND LABOURS LOYALTIES REALLY LIE – YOU HAVE ANOTHER ONE NOW!

Can there be any doubt?
Our “elected officials” are there for effect. Someone else is running the show.. That’s why the faces change but everything remains the same.. Whether its our senior civil servants, the EU or some shady dudes in smoke filled rooms – its not these clowns we have called government.. They are merely the messengers..
Something in the running of this country (and not just this one) is rotten. But it runs much deeper than simple party politics.

How will the politicians benefit if the guarantee is extended? They must get something because all politicians are in there for what they can get for themselves and their families. Not to many children of the local TD’s being forced to emigrate.
Will these guys get bigger jobs in Europe for being goof boys?
Raoire Quinn does nothing for nothing and I doubt if any of the others are different. Maybe they will get access to bank loans for their family and friends. Can people suggest what the politicians might get in return?

it dosnt matter we have to pay weather they are guaranteed or not

Look guys. The Euro is a gonna. Maybe not today, Maybe not tomorrow, but soon That is the only guarantee out there. Take your money out of your piss poor bank and buy gold, property,copper or orange juice. The future is orange but don’t say I told ya. Don’t leave your hard earned in there until a pint of milk costs 20 Default sheckles.

Flying to Holland tomorrow to open a bank account there. Moving everything out of ‘Irish’ Euro

Its not nice but surely the bank guarantee is a bitter pill that we all have to take?!? In any other industry, a business would have been allowed go to the wall but let’s say AIB or BoI had been allowed to collapse…Savers would have lost all their savings / pensions etc. businesses could not functuon then Brian Lenihan (RIP) would have been the finance minister that let our personal savings go down the pan and indigenous firms collapse. We all agree that during the boom times banks loaned out money hand over fist, regulation was pretty light and prudence wasn’t even at the party. What was done can’t be undone and the only way to maintain any kind of economic viability is to ensure our financial institutions don’t fail. We have three or four big fish in a small pond and the economy would not survive he failure of any of these. Agree? Disagree? Alternatives to the guarantee anyone?

The alternative is Iceland. They knew they couldn’t pay for the mistakes of ice save when it went bust & just took the hit. I know they weren’t in the euro but they didn’t give into pressure from the British or Dutch, unlike the cowards of so called PUBLIC representatives in Ireland.they are trying to imprison the prim-minister that let it happen. I know that everyone wants an easy solution but there isn’t any there is only a less painful one. We need to become solvent again & if that means going against the will of our government & the non democratic elite within Europe so be it. The Irish people have to unify to save the future for our kids.

Spot on Eamonn.

Paul, I agree with you too but the difference with Iceland was that they always knew the banks were too big to save, Ireland didn’t understand the depth of the hole at Anglo. The fateful decision was made in the mistaken belief that Anglo was fundamentally solvent. It was believed that letting it go bust would have been far worse than saving it. That was wrong, but not as wrong as people believe. If Anglo had gone bust in a disorderly way, shops wouldn’t have opened the next day, a huge number of businesses would have defaulted on their loans, wages wouldn’t have been paid and we would have entered a depression that makes our current issues look mild.

The failure was to properly assess the situation well in advance of the final days of the crisis and manage an orderly bankruptcy. Iceland understood this, Ireland didn’t. This was first and foremost a failure by our (government appointed) regulators.

I agree that we, as taxpayer, shouldn’t be expected to foot the bill and I HOPE we never have to face this situation again. I was just trying to stress that because we have a small number if large players in the market, letting one of them totally fail is not an option.

(who it Tina btw?)

Fcukin clown Noonen is…..

Convert into Sterling and get under the covers

I still want to know who Tina is…

They are showing utter contempt for us.

Can we get a majority on oconnell street to peacefully march to Leinster house andprotest and demand the mandate of the people we’re tired of all this shit now take the short term hit rather than the long term festering

No the people in control are just replacing politicians with high power bankers who will do what they are told eg. Italy & greece. It’s time the citizens of all the European countries pick a leader that represents their interests & does not allow him to be replaced by someone who isn’t elected. There is no democracy in the world right now.

Covney is on Vincent brown now saying TINA and we’ve got to do what we’re told. Makes you wonder what was the point of having an election to get rid of FF. I’d say it’s time to TUTPASA.

Ah sure, they are a great bunch of lads