Having the last laugh

November 24th, 2010

At first it was serious.

Then it became very worrying.

Now it is just a fucking big joke.

They now reckon on between 250 billion and 350 billion will be needed to get Ireland out of its mess.  I’m sick of billions, so let’s change up a gear and call it a quarter of a trillion to a third of a trillion.  There.  That’s better.  We are out of the billions and into the trillions.  That sounds much more impressive.

Just suppose we accept those figures that would be imposed by Europe, then what would that mean to Joe Rasher in the street?  It would mean at least an extra seven thousand in taxes off every working man and woman in the state. That is seven thousand on top of the tax increases in the forthcoming budget.  For a country where unemployment is already rampant, that is just not possible.

It is not possible.  Right?  So lets just stop talking about it as if it were.

So what is the alternative?

Simple.  Just tell ‘em all to go fuck themselves and default on our debts.  The only reason the EU and the IMF are here in the first place is to protect the German and other foreign investors.  You don’t seriously believe they are here to lend a helping hand to a country in trouble, do you?  Nah!  They are also covering their arses because if Ireland defaults, then you can kiss the Euro goodbye.

So what are the practical options?  We can carry on with this rescue plan and take so much money out of the economy in taxation that virtually every business in the country will collapse and leave us all in the gutter.  Or we can default.  The former is impossible so that leaves the latter.

If Ireland defaults, that will create such a massive run on the Euro that it is very unlikely to survive.  Spain and Portugal would collapse for a start.  And if the Euro collapses then one of the central supports of the EU is gone, and with a bit of luck that organisation will collapse also.

So there you have it.  Effectively the end of the Fourth Reich.  No more dreaming of the United States of Europe.  No more interfering in our laws and way of life.  Once again we can become a self determining republic with our own sovereign independence.

So stop worrying about the mess.  Things are looking up.

I know I’m laughing.

11 Responses to “Having the last laugh”

  1. Bill UNITED KINGDOMon 24 Nov 2010 at 6:07 pm

    Now if you can only get on telly with that Jim Corr chap the message will be out.
    The Irish would rightly be lauded as a nation of hero’s across Europe, the continent.
    With the exception of those europhiles in government, naturally. They need bankrupting and made to live on ‘state aid’. Shooting whilst easier is too good a fate for them.

  2. Sean O'Hare UNITED KINGDOMon 24 Nov 2010 at 6:56 pm

    Now you’re talking.   Lets have it over quickly for once and all.  Just wait a tick while I cash in my savings with Santander tomorrow.

  3. Akvavitix on 24 Nov 2010 at 7:04 pm

    I get up each morning and hope to god I would find Ireland defaulted in the headlines. It would be doing us all a huge favour in getting rid a of a whole raft of europhiles and loathsome ruling elite.

  4. Grandad IRELANDon 24 Nov 2010 at 8:35 pm

    Jayzus!  I have just been listening to the gubmint’s four year plan.  A sure fire recipe to stick us well into recession for the next decade.  Time to start researching an alternative Head Rambles Manor in some sunnier non -EU climate!!

  5. Lafsword IRELANDon 24 Nov 2010 at 10:56 pm

    We need to adopt a more robust approach when negotiating with these foreign invaders, we need to end sentences with
    “or you can go fuck yourself”, “or we’ll fucking default and pay nothing” etc.

    We should demand that the loan we need be extended on terms of no more than 2%, or see above. Even publicly implying we may default would fuck the Euro beyond repair, so why not threaten it.

    We should also introduce them to our new 10% corporation tax rate, to be applied for the 1st 5 years to all new start up business or to businesses that move here from abroad especially from other EU countries.

    Every time they complain, we should just shout “Default” at them until they back down & fuck off back to their NAZI bunkers in Berlin.

  6. Mick on 24 Nov 2010 at 11:10 pm

    “We all partied” says Lenihan as i watch Miriam here. Speak for yerself, your bankers, and your cronies – arrogant ******! Hitting the worst off and telling them it’s also their fault.
    Oh, and great idea Lafsword – 10% corporation tax, love it.

  7. Mick on 25 Nov 2010 at 1:42 am

    And just to tickle you…!
    http://www.youtube.com/watch?v=Fyq7WRr_GPg&feature=player_embedded#

  8. Grandad IRELANDon 25 Nov 2010 at 2:47 am

    Yes indeed.   Some excellent suggestions.

    Thanks for the link, Mick.  I am well and truly tickled!  [glad he got the text of the speech that I sent him too]

  9. Willie UNITED STATESon 25 Nov 2010 at 2:49 am

    I have nothing flip to say about this mess.  It is again, the little guy, taking this tragedy in the shorts.  None of the “Western” countries are being, or will be, spared from this drain caused by banks, governments,  and investment firms.  Shame on them all and on us for allowing them to carry on.  Someone is making billions!

  10. Captain Peacock on 25 Nov 2010 at 3:00 am

    Remember Goldman Sucks were involved in the Greece before it too went bust.                                                 I bet now with Ireland they will make billions, who was the person having secret meetings with the Irish government none other then Peter Sutherland who [you guessed it] works for Goldman Sucks.
    Goldman Sachs; 24 Sept 2010. Irish Times.

    One bright spot for the Government today came from a research note by Goldman Sachs Group which said Ireland was “very unlikely” to experience a financial crisis as severe as the one that forced Greece to seek an international bailout earlier this year.
    “A repeat of the Greek debt turmoil in Ireland is very unlikely,” Michael Vaknin, a senior fixed-income strategist at Goldman in London, said.
    “With Irish spreads already at all-time highs, we would argue that refinancing risks in the Irish debt market is aggressively priced-in already.”

    This I got from this site more interesting stuff on there..
    http://thestory.ie/2010/11/22/talking-points-in-time/comment-page-1/#comment-35106
     

  11. Kapitan Kon Von Sullivan UNITED KINGDOMon 25 Nov 2010 at 2:38 pm

    Goldman Fucks are the same company who paid $550million in fines to the US govt earlier this year after being caught packaging shit sub-prime mortgages which they knew were roughly worth one joe duffy and getting another department to talk them up as brilliant investments to clients.

    That company should be broken up. They are behind every arsehole attempt to avoid financial regulation worldwide and would think nothing of forcing a population to starve to get another nought on a commission cheque.

    The Calabrian Mafia operates with more integrity.

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