The Watchdog

Keeping citizens in the loop

Jane Burgermeister Report:”Bondholders in Irish banks facing empty”

Bondholders in Irish banks facing empty

Jane Burgermeister | April 2, 2011 at 2:18 pm | Categories: Uncategorized | URL:

While the new Irish premier Enda Kenny appears to be ready  to cheerfully transfer the entire wealth of Ireland to criminal banks and break all his  election promises, Kenny has met with unexpected resistance among the people and also the media.

Day in, day out, economists like David McWilliams writing in the Irish Independent, explain the nature, scale and consequences of this gigantic bank fraud and it looks like the Irish government will have to bow to the will of so many eventually and stop demanding virtually the entire annual tax revenue of Ireland to pay the bondholders of the fraudulent, fractional reserve  banking debts.

The Irish Independent reports that “haircuts” for bondholders are expected. Read more of this post


April 2, 2011 - Posted by | Fighting corruption internationally, Internationally significant information

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