Monday, 17 October 2011

The Dirty Dozen - w/e Oct 23rd 2011

The next couple of bonds are mere tiddlers, €5.3m and €8.9m, but then, in two weeks, Wednesday November 2nd, €700,000,000 of a senior unsecured Anglo Irish Bank. If we pay this it will be another in a whole series of shameful acts by this and the previous Irish governments. Seven hundred million euro of our money, a failed bond from a failed bank, a debt we as a nation never incurred but a debt we as a nation are going to pay, under threat from the ECB.

When will this lunacy end, when will this government call a halt to these repeated acts of sovereign betrayal? Don't let this date pass unnoticed, don't let this act pass unchallenged. Do something.

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