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Addressing the crowd on a podium at the GPO Irish Times columnist Fintan O’Toole said the Government is doing a deal with people who were never elected.
He said the country was paying billions to bail out the banks and that the Government had declared war on the poor. He said Irish people were not subjects, but citizens, and wanted their republic back.
ICTU president Jack O'Connor told protestors the country had been brought "to its knees" by the Government and bankers.
"Several generations of Irish men and women" will have to foot the bill, Mr O'Connor said.
Congress general secretary David Begg said that Dick Turpin at least wore a mask when he robbed people.
SOURCE
The interest rate to be charged on the European Unions/International Monetary Fund package is likely to be 6.7% for nine-year money.
This compares to an average borrowing rate of 4.7% on funds raised by the NTMA over the past two years. In May, Greece arranged an EU/IMF loan for three years at 5.2%.
The Government's four year plan assumes that by 2014, interest payments will have increased from €2.5bn to €8.4 bn a year - around one fifth of all tax revenue.
Originally posted by jaamaan
reply to post by brill
Do you have a link for that information?
Very frightening figures !
Originally posted by Rockpuck
reply to post by brill
Its bad now.. its bad enough to fight now. I posted stats on another irish thread, but the total bailout comes to $23k euros per man woman and child.. its the most expensive bailout per capita yet.
Also the single largest tax hike in the world since the recession began.. starting january $2,300 euro in new taxes for those making over 55k euros/anum ... its fight worthy bad today, not tomorrow.. you have to stop this crap before it starts.
Originally posted by jaamaan
reply to post by Rockpuck
Is that including the interest?
I could do with some hard figures because this one looks realy bad.
Originally posted by Rockpuck
reply to post by ofhumandescent
In case you missed it, it is democratically elected politicians that created this mess.. not Monarchs.