Look, it’s been nice knowing you and I’ve enjoyed our little chats, but it’s time to get out of this country toute suite.
Because in less than two years, the international money markets will stop lending to our government. When that happens, there will be no money to pay the bloated public sector they’ve been telling us about. There will be no money to pay the teachers, but we don’t need them anyway. And there will be no money to pay the nurses, but they’re a greedy shower of fuckers. And there will be no money to pay the firemen, but they’re just a crowd of homo strippers. And there will be no money to pay the police, but they’re a crowd of pinko lefty insurrectionists. And there will be no money to pay the people who run the waterworks but that’s all right because Moore McDowell will step in and take charge. And there will be no money to maintain the roads but that’s all right too because Myles Dungan will arrrange a squad to keep the most important ones in order. No danger of a pothole on the Stillorgan road.
There will be no money, my friends, in two years time, to pay for any public service at all. No hospitals. No police. No prisons. No graveyards.
Because our government gave a blanket guarantee to the banks. Bigger than any guarantee anywhere in the world.
What did they guarantee? Did they guarantee the deposits of small people like you and me? Yes they did, and fair play to them, but what did they also guarantee?
Well, you see, apart from small people like you and me, there are also huge institutions out there, and these huge institutions have huge amounts of money.
And these huge institutions sometimes invest in banks, but they know that the banks might not pay them back, and this is why they charge high interest.
These billionaires took a risk when they put their money into the banks but they needn’t have worried, because on the 30th September 2008, our government issued a blanket guarantee to all these gamblers, absolving them of their risk.
It’s true, the government said, that you took a chance. And it’s true that you charged a high price to cover that chance, but don’t worry. We’ll use the Irish taxpayer to cover your losses for ever more, and you can hold onto the profits. Why should billionaires like you have to take a risk when Paddy will do it for you?
So, when you see the police being withdrawn from the streets, and when you see nurses disappearing from hospitals, and when your house is on fire and nobody comes to put it out, just remember why.
It’s because your government decided to protect billionaire gamblers instead of protecting you.
Of course, all is still not lost. The government could still stand up and say that the bank guarantee was issued because they believed the lies of the bankers, but now that they realise it was all lies, they can’t ask the Irish taxpayer to fund a criminal enterprise.
They can’t ask the Irish people to take the hit for the dodgy IOUs of Seanie Fitz and Fingers Fingleton. In all conscience, they can’t do that.
Wel, in fact they can, because they don’t have a conscience.
Let me tell you this without question. Unless the government finally discovers a backbone, there will be blood on the streets because as sure as eggs is eggs, Ireland is going the same way as Greece, and we’d better get used to it.
The tragedy is that it’s not necessary. If this government had any gumption at all, it would fling the bankers to the wolves instead of sacrificing one, two or three Irish generations.
Fianna Fáil the Republican Party my arse. These crooks are owned body and soul by the money men.
I’m sorry to be telling you this but it’s true and I’m afraid the spin about a revived economy is nothing but bollocks.
If the government doesn’t finally stand up and face its responsibilities by telling the gambler bondholders to get stuffed, we’re all finished. The extraordinary thing is that the bondholders expect this. They’re used to losing money, which is why they charge so much. It’s a bookie shop. They expected to lose and they can’t believe their luck that a stupid Paddy government is using the stupid Paddies’ money to dig them out.
If the government doesn’t stop guaranteeing these gamblers, Ireland will cease to function as a country and that will happen in the next two years.
Take your money out of the bank, load your shotgun and lock your doors. It won’t be funny.
It’s worse than I thought. Communications minister Eamon Ryan is reported on the news as saying he’s confident we can get out of this predicament. That’s it. We’re doomed.