Monday, November 29, 2010

More bad news

Well, lie after lie - mistruth after mistruth and the usual bending of words have gone on, and there is still no general outcry in Ireland.

The banks will be saved, but the state is in financial trouble due to this.

Fianna Fail, in dealing with the ECB and the IMF have created a scorched earth policy to ensure that any succesive administration will be forced into at least 5 years of unpopular decisions over which they will have little or no control.

Mass privitisation of semistate services look like they will be pushed through, and with our history in the Eircom privitisation, one can be fairly sure that it will be a mess.