Irish Central – The Yank: “Stand silent for Ireland on Thursday”


From Irish Central, the Yank writes:

The protest will take the form of a minute’s silence at noon on St. Patrick’s Day. {I presume they mean noon wherever you are, not 12:00 in Ireland.} The organizers are especially keen that parade organizers support them in their bid…

What we reject is that those debts incurred by Ireland’s banks, owed to German and French banks and other institutions are ours? Why should we pay for the bad loans made by those banks to our stupid banks? Why should we pay if Europe’s regulators failed to act to stop what they could all see (more clearly than we could) that entire country was becoming a property bubble?

Ireland’s facing a generation of economic pain if the bank debts remain ours alone. The powers of Europe don’t much care about that, however. They don’t want their banks troubled; they don’t want to be honest with their citizens about the role played by their banks in our problems; they don’t want to ask their citizens to share the burden. All they want is for us to pay back those debts regardless of cost or morality. That is far more cynical than I could ever be.

Stand silent for Ireland on Thursday.

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This entry was posted in Accountability, Action Stations, Bankers' Bailout, Budget, Civil Disobedience, Debt Default/Restructuring, ECB/IMF, Economy, EU, Geopolitics, Ideology, Independence/Nationalism, ireland, Irish America and tagged , . Bookmark the permalink.

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