A letter to our leaders who seem hell bent on destroying us
Be warned – This post contains some strong language.
Anglo Irish Bank’s annual report released today states that it loaned €451m to 10 clients that are now more commonly referred to as “The Golden 10″. As anyone can tell you, 450 million is a significantally more than the previous estimate of €300m.
And here is the kicker – €83m has been repaid and the bank are expecting to strike out the rest of the debt. 300 million gone just like that! 10 people who owe money to a bank that the people of Ireland now effectively own don’t have to pay any of it back and the Minister of Finance refuses to name them!
If one of us owed a red fucking penny to the revenue commissioners our names would be in the tax defaulters list of every national newspaper!
That stupid ignoramus from Co. Offlay claims it is in the national interests as the debtors are shareholders. Well if they are shareholders in the bank and they owe it so much money and won’t be paying it back take the fucking shares off them! And Mary Coughlan, when you said yesterday that it “would damage confidence in Irish banks” you can just fuck off back to Donegal and crawl back under the rock you crawled from. Are you actually that thick fucking stupid that you think that there already hasn’t been a serious loss of confidence in Irish banks?
That statement alone from Coughlan instantly proves you; Fianna Fail haven’t one iota of what is actually happening to the country. You seem to be so preoccupied with balance sheets and our standing in the international community that you seem to have forgotten about us. The ordinary people. The ordinary people that are losing their homes their jobs and the ordinary people who are ending up in prison because they can’t pay their television license.
Well, Brian Cowen, Mary Coughlan and the two idiotic green party lapdogs of yours. Let me give you a sound piece of advice.
Fuck the international community. At least until you get your own house in order because that is exactly what other countries are doing. They have their own problems too you know and they really couldn’t care about us at the moment. Or anyone else but themselves for that matter. And this is probably the right thing to do. We can all kiss and make up when this all blows over in a few years when we are all learning to walk again. And anyway what have you got to lose at this stage?
It’s a poisoned chalice but drink from it you fuckers. Drink long and hard and deep for the sake of those of us who have to live in the mess that you have created. Take it on the chin and get us out of it. And if that means calling a general election and losing control of government just do it anyway for all of our sakes.
We want someone to get us through this and time and time again you have proven that you are not the right people for the job.
Edit – Just to put things into perspective, €300m being written off the books is the the exact same as 1200 homeowners with a mortgage of €250,000.
So who is fooling who?
Damn Right.
I thought I was on BockTheRobber there for a minute.
Well said, you’re not alone in your sentiments, Bob.
Cheers Mike, Cheers Ryan,
It’s just impossible not to get worked up about the whole shit storm. I swear, this country! I mean christ! The sort of stuff going on here would put several African countries to shame.
The banking sector have gone from being like Nesfaratu hiding in the shadows squeaking at you from behind wizened fingers “€5 from us! You want to borrow €5 from us!?!”, to besuited young spivs throwing money at vagrants like snuff at a wake, under orders from their superiors to fill the loan books and keep the gravy train on the rails-as an aside, at the peak, AIB were pestering me to remortgage and borrow more; apparently an LTV mortgage of below 50% meant I just didn’t owe enough money. Bastards.
Now the pendulum has swung the other way, and they wouldn’t lend money to Ulick McEvaddy (actually, they probably would, given that that deluded old bastard would have medals pinned to their chests).
The reality is that todays politicos are just too incompetent to make hay from the Irish public, so the bankers were quite happy to step into the deregulated breech and spin the wheel at the taxpayers expense.
Bailing out the banks is nothing new, AIB got shored up in the Eighties, amid cries of “Never Again”. The likes of Anglo should have been left to founder this time around, unfortunately too much pressure was put on the Double-Effers to save it, and ergo the investments of the golden circle jerk involved.
Well said Robert.
Cheers Aaron, @Ryan – At this stage I think they should have just let Anglo Irish crash and burn instead of nationalising them. Of course this will all happen again in a few years.
Here, Here! excellently put…