The Dirty Dozen - w/e Oct 2nd 2011

Black Monday this week, in the month of Black September, a €1.465bn bond paid, BoI, senior unsecured. The financial enslavement of an independent state continues unabated, unchallenged at any kind of official level, unexposed on a consistent basis by any of our national media, the Vincent Browne show on TV3 the one honourable exception.

The Dirty Dozen - w/e Sep 25th 2011

Black September continues - €805,000,000 on the 22nd this week, €1,465,000,000 due on the 26th, senior unsecured, BOI the very generous benefactor this week, using money we pumped in to provide them with 'liquidity'.

The Dirty Dozen - w/e Sep 18th 2011

At a time when we're reading about all the upcoming cuts proposed for Budget 2012, the proposed stealth taxes and levies, if this doesn't stir the blood nothing will. €1.5bn senior unsecured due next Thursday, and will be paid; think of the number of small businesses whose viability that could secure if AIB were instead to put that money into circulation. But it won't; money goes to pay off a failed bond, money our government - that's us - 'injected' into AIB only a few weeks ago.

Changing the format this week; on the basis that's what gone is gone, the Dirty Dozen will in future be the next 12 bonds due to 'mature', the next bond being the one highlighted in red.

The Dirty Dozen - w/e Sep 11th 2011

Just when you think it can hardly get any worse, another big one sneaks up on you. The next six bonds to be paid, all within the next few weeks, would be enough to put every hospital back on track, pay for all the Special Needs Assistants who were let go, and still have a good few million left over to pay all those well deserved retirement gratuities for our top civil servants and politicians. Oh, it's €4.1bn, by the way - glad you asked.

The Dirty Dozen - w/e Sep 4th update

Another big one has sneaked into the Dirty Dozen - have a look at the last of the next six due for payment, have a look at the total of the next six. €3.8bn, six bonds, senior unsecured - that's our money, our bank 'liquidity injection' of €18bn of July. And there's more to come - €20bn in bank bonds next year, double that in the two following years. We'll borrow from the ECB to pay that, we'll pay their interest, we'll continue to suffocate our own economy. Protest? Who, us?