Ireland Goes Bust

[Lauren Johnson]

From #82

The shameful truth is that Irish politicians of all parties have gone along with the Bundesbank / ECB's efforts to prop up their banks and the Euro project at the expense of their own people's interests. Another small nation on Europe's periphery Iceland let its banks default and has undergone an awesome recovery. Ireland got it from the horse's mouth on Thursday, the ongoing bailout pain is for the greater good of other banks in Europe.

I have and continue to wonder how it is that local politicians continue to roll over for this shit. I would venture to guess that the economic hit men are hard at work. Remember that when they fail, they call in the jackals. Once again, my guess is that these are not just stupid politicians. They are threatened, coerced, bribed, seduced, etc.