After years of hard knocks, Ireland is poised for recognition on the world stage – We have lodged an application with the office of the Guinness Book of World Records for Most Expensive Bank Bondholder Bailout, per capita.
Ireland’s bail out is 4 times higher per capita than that of Greece. If Europe needs a ‘win’, Ireland can surely deliver.
Be sure to play your part! You can share this video with all Fianna Fáil, Fine Gael and Labour TDs here, and acknowledge their role in securing Ireland a place in the history books. Visit contact.ie to contact your TDs online today.
Share this with your TDs via this page on contact.ie
After several years of hard knocks, it seems that Ireland may finally gain international recognition as a world-beater: an application is being lodged with the Guinness Book of Records for World’s Most Expensive Bank Bailout, per capita.
This video explains more, but I want to take this opportunity to acknowledge the part played by you, our humble Teachtaí Dála, in securing Ireland’s place in the history books. Whether you contributed by your actions or inaction, we couldn’t have done it without you.
The proposed deal on the Anglo/IBRC liabilities that will convert the promissory notes to long-term bonds will certainly help to cement this record breaking victory, by ensuring that a legally-contested debt, that we pay to our own Central Bank, is turned into more a more binding and onerous form: sovereign debt.
Very much like the previous ‘deal’ on the €3.1 billion promissory note payment last March – that complicated business where the money got paid, in full and on time, but we forked out and additional €39 million in fees to the Bank of Ireland – this proposed deal on the promissory notes will ensure that the debt will be much harder write off, and will be with us for generations to come. Bravo! We can only hope that your role in this momentous achievement is never forgotten.