If only we had some truth-tellers like this brave lady over on this side on the pond, instead of the ass-kissing, back-stabbing, thieving, lying, traitorous greedy bastards that have infected out government at all levels, with the worst infection being at the federal level.
Is there a Nobel Prize for Courage?
Accusing the Irish politicos of 'slobbering over the Obama's?' Hot damn lady, you one bad-ass mother and I say that in a most respectful way!!
If you're not familiar with the revealing tape that caught an Anglo-Irish fuckehead braying about his crimes, here it is:
Caught on Tape: Irish Bankers Laugh About Never Repaying Bailout
Bill Black: Tapes reveal Anglo Irish Bank executives laughed as they manipulated Irish Government into 16 billion dollar bailout the knew they would never repay.
And the wonderful thing about bankers when they're being taped--and mind you, they know they're being taped--is they sound just like other crooks. So in particular this has to do with the collapse of Anglo Irish when they knew they were massively insolvent. But, of course, they wanted to continue to be able to get paid for their jobs. And so they went for a bailout from the Irish government. And the Irish government was so close to the banks and Irish regulation had become so pathetic that the Irish government actually believed Anglo Irish when it said there are no real problems at the bank, it's all a misunderstanding, but there's a run on the bank, and so you need to step in and you need to give us an unlimited financial guarantee of the Irish government for all of our debts, whatever they might be, no matter how big they might be, and you need to do it without ever looking. And the Irish government said, sure, let's do that.
Now, that was significantly insane, but the tapes show something about how these negotiations (and negotiations should be in quotation marks) went on. So you've got the Anglo Irish executives, and their plot is: we need a number big enough that it's scary about how much of a public bailout we need, but not so big that it'll be obvious that it would be insane to bail us out. So they came up with a number in the EUR 7-10 billion--so that's, you know, more like, at that time, $16-17 billion to put in initially, with, again, no due diligence and no understanding of the fact that--how big a cesspool Anglo Irish was. And one of the Anglo Irish Bank execs is asking the other, where'd you come up with this number? And he says, well, I followed the policy of our CEO and I just pulled it out of our arse. Right? So that's the level.