Rumour Control ie the bailout/nonbailout of the Irish republic

[gaelic cowboy]

granted, sounds like the solution is to collectively accept political union, with all that entails, or admit the failure of a ridiculous political ideology and return to the EEC; a cooperative and harmonious free trade area.

rumpey pumpey talking about the survival of the EU makes me laugh, not my EU, hasn't been since it lost the extra "E" in EEC.

i don't want his political union.

Did you watch Newsnight tonight I'm now more convinced than ever the Euro will go the way of the ERM maybe not yet but I cannot see it lasting past 2020 at the maximum. Mostly I think there just annoyed they will have to listen to the likes of Farage and co laughing at them with "I told you so" but the market will eventually force the issue on them just like 1992 on UK and Ireland trying to peg to D-mark.

I admit that it will be painful to junk it but not half as painful as going through this again.

I admit now here that the Euro was a massive mistake for Ireland when allied to light touch banking regulation and with a young population who needed capital to open a business buy a home etc etc.

We were doing grand until the dotcom crash and the 9-11 attack no problems for our economy we were always in the black but slowly like a virus easy credit for our banks became a drug. Anglo Irish Bank will go down in the history of this country like An Gorta Mor(the famine) Sean Fitzpatrick is basically the ultimate evil gilded age robber baron and his supposed success made other banks foolishly follow him.