Upcoming Events

National | EU

no events match your query!

User Preferences

  • Language - en | ga
  • text size >>
  • make this your indymedia front page make this your indymedia front page

Blog Feeds

forward

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link IRELAND?S TAX HAVEN INDUSTRY 22:01 Tue Aug 05, 2014

offsite link IPA Summer School - Social Justice, Poverty and Ireland - 28 July 2014 11:56 Mon Jul 28, 2014

offsite link Feminist Economics - Cuts are a Feminist Issue 08:21 Wed Jun 18, 2014

offsite link Feminist Economics - Care and Social Reproduction 16:11 Fri Jun 13, 2014

offsite link Feminist Economics - By Way of Introduction 12:12 Fri Jun 06, 2014

Dublin Opinion >>

Irish Left Review
Joined up thinking for the Irish Left

offsite link Women, This State Hates Us. Thu Aug 21, 2014 11:35 | Sarah Clancy

offsite link Obstruct Reality, Consciously Manipulate, and Deny the Denial: Propaganda, Irish... Thu Aug 21, 2014 11:15 | Mark Kernan

offsite link Left Forum: The Marxist Seminars Are Back! Thu Aug 21, 2014 10:33 | Irish Left Review

offsite link August Socialist Voice is Now Available Online Thu Aug 21, 2014 09:41 | Communist Party of Ireland

offsite link Island of Saints and Sadists: Ireland 2014 Mon Aug 18, 2014 22:32 | William Wall

Irish Left Review >>

Human Rights in Ireland
www.humanrights.ie

offsite link Call for Submissions: Irish Community Development Law Journal Fri Aug 22, 2014 11:01 | admin

offsite link Suicide and the Protection of Life During Pregnancy Act: Where Are We Now? Wed Aug 20, 2014 12:00 | Máiréad Enright

offsite link Contesting the cruel treatment of pregnant women ? Ruth Fletcher Tue Aug 19, 2014 08:15 | GuestPost

offsite link Expertise on Abortion in Ireland Mon Aug 18, 2014 16:21 | admin

offsite link Suicide and the Protection of Life in Pregnancy Act 2013. Sat Aug 16, 2014 15:13 | Máiréad Enright

Human Rights in Ireland >>

NAMA Wine Lake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

offsite link Gayle Killilea Dunne asks to be added as notice party in Sean Dunne?s bankruptcy Fri May 17, 2013 12:30 | namawinelake

NAMA Wine Lake >>

Failure to do deal on legacy bank debt will cost every citizen €13,553 each

category national | eu | other press author Monday January 21, 2013 03:39author by lefty Report this post to the editors

Interesting story in the independent regarding the promissory notes. The government is so worried that they have assembled a crack team of expensive lawyers (paid for by the people) to act against the interests of the people. Noonan, attendee of the last bilderberg meeting is apparently hopping mad that his new banking friends in Europe may have a problem getting all the billions of our money on time, which might require emergency legislation.

The independent is running this story which everyone should read. In my opinion It reveals the true loyalties of our servile government and shows whose interests they truly serve. Not ours!

Quote:
"
EVERY man, woman and child in Ireland will have to pay €13,553 unless Finance Minister Michael Noonan can obtain a deal on the promissory notes and on our legacy bank debt, newly compiled figures reveal.

Mr Noonan will travel to Brussels tonight to assume the chairmanship of Ecofin, the powerful committee of European finance ministers, with time running out for him to secure a "structural rearrangement" of the controversial €3.1bn annual promissory note payment, due in 70 days' time.

Mr Noonan, armed with the ammunition that Ireland has paid 42 per cent of the total cost of bailing out Europe's banks since 2008, now has near universal political support for a better deal for Ireland, but has yet to convince the implacable European Central Bank (ECB) to accede to his calls to reduce our banking debt.

Based on the shocking new figures, the Irish people are paying more than six times more per person for the cost of bailing out our banks than the European average.

The figures come as a legal challenge to the promissory notes deal – the Irish taxpayer pays €3.1bn a year for 10 years to the European Central Bank – which will be heard in the High Court next week, could force the Government to bring through emergency laws to legitimise the payments.

Senior legal sources have told the Sunday Independent that the Coalition will be faced with this politically appalling vista if they lose a court challenge being taken by businessman and mortgage arrears advocate David Hall."


Full article here
http://www.independent.ie/national-news/failure-to-do-d....html

© 2001-2014 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy