Some figures on Irish Banking Rescue
Update: Ben Gilroy halts Receivers
The Irish Bank Debt Bailout
The most amazing thing about this problem is that it is nearly four years since it started and the Irish people are still quiet. All they have done so far is punish the innocent fools who were the Fianna Fail/Green government when the excessive amount of money which the Irish banks LEANT INTO EXISTANCE could not be repaid due to the drop in property prices and the resultant economic contraction.
BUT THINGS MAY BE CHANGING in Ireland!
See this you-tube video about an attempted house repossession in County Laois, Ireland.
Most Irish people (including those involved in the law) do not realise that our constitution is the primary law of the land – they still think that the legal practices inherited from English rule still apply. We are citizens not subjects and this is a very important distinction.