That was a good one, SD Transplant.

I think that the Irish people let their government screw them though.

The Irish government didn’t have to bail out the banks and nationalize all the debts, but they chose to so, at a cost of 56% of GDP. Imagine that staggering amount.

They should have let the banks fail and the bond holders and stockholders take the hit. It would have been bad for the Euro, but much better for the Irish people.

In America, we have backstopped the banks’ losses too, but at least we have the printing presses to lighten the debt loan. Ireland will suffer with years of internal deflation.

Time and again, as Ireland’s banking crisis deepened, estimates rose for the cleanup. The bill to taxpayers for the bailout has swelled to 84 billion euros, 56 percent of gross domestic product, the result of a government decision to backstop the banks’ losses.

That was a good one, SD Transplant.

I think that the Irish people let their government screw them though.

The Irish government didn’t have to bail out the banks and nationalize all the debts, but they chose to so, at a cost of 56% of GDP. Imagine that staggering amount.

They should have let the banks fail and the bond holders and stockholders take the hit. It would have been bad for the Euro, but much better for the Irish people.

In America, we have backstopped the banks’ losses too, but at least we have the printing presses to lighten the debt loan. Ireland will suffer with years of internal deflation.

Time and again, as Ireland’s banking crisis deepened, estimates rose for the cleanup. The bill to taxpayers for the bailout has swelled to 84 billion euros, 56 percent of gross domestic product, the result of a government decision to backstop the banks’ losses.

That was a good one, SD Transplant.

I think that the Irish people let their government screw them though.

The Irish government didn’t have to bail out the banks and nationalize all the debts, but they chose to so, at a cost of 56% of GDP. Imagine that staggering amount.

They should have let the banks fail and the bond holders and stockholders take the hit. It would have been bad for the Euro, but much better for the Irish people.

In America, we have backstopped the banks’ losses too, but at least we have the printing presses to lighten the debt loan. Ireland will suffer with years of internal deflation.

Time and again, as Ireland’s banking crisis deepened, estimates rose for the cleanup. The bill to taxpayers for the bailout has swelled to 84 billion euros, 56 percent of gross domestic product, the result of a government decision to backstop the banks’ losses.

we have the presses, until we don’t

we have the presses, until we don’t

That was funny, I love the ending when the guy gets mad because the reporter says Michael Flatley is from Chicago. It forced me to look it up, it’s true, born, raised and learn to dance in…Chicago. Reminds me of how mad every Italian relative of mine gets when I bring up the fact that Christopher Columbus wasn’t Italian, he didn’t even know the language.

That was funny, I love the ending when the guy gets mad because the reporter says Michael Flatley is from Chicago. It forced me to look it up, it’s true, born, raised and learn to dance in…Chicago. Reminds me of how mad every Italian relative of mine gets when I bring up the fact that Christopher Columbus wasn’t Italian, he didn’t even know the language.