Dail Eireann's 400 Billion Euros (US $565 Billion) Bailout Requirement

"Where have the vast sums of money in question disappeared to? Why is it that
those responsible for the losses are not being investigated by the police or
anybody else (as far as I know)?"

"Dublin - Irish President Mary McAleese signed into law Thursday (October 2nd
2008) a bill that would guarantee all deposits and borrowings for the six
Irish-owned banks for the next two years, a statement from the president's
office said Thursday." (For full M&C Business Report please click on
http://tinyurl.com/3zkrqr )

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Dail Eireann's 400 Billion Euros (US $565 Billion) Bailout Requirement
by Wondering Thu Oct 02, 2008 15:40

Am I right in thinking this represents approximately 100,000 Euros for every
man, woman and child in the Republic of Ireland?

How could such staggeringly large losses have ever occurred at the hands of the
few dozen (or less?) senior bankers responsible? Where have the vast sums of
money in question disappeared to? Why is it that those responsible for the
losses are not being investigated by the police or anybody else (as far as I
know)?

Where will the 400 billion Euros bailout money come from?

How is the 400 billion Euros bailout money to be paid back?

If compound interest applies, as I'm inclined to assume will be the case, what
will the total repayment figure be?

Is there a risk that the whole nation will now become swamped in a growing bog
of debt that it can never (in practice) get out of? -- which, in effect, now
gives the "Money Masters" pretty much full control over us all (more or less)?

What a mess?

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The above text has been copied from the following Indymedia (Ireland) location:
http://www.indymedia.ie/article/89248#comment236959 

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For more information on the "Money Masters" please go to:
http://www.humanrightsireland.com/GerardMadden/21September2008/Email.htm

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"If I was German, I would say give me back my Deutschmarks, he (Hugh Hendry,
chief investment officer and Partner at Eclectica Fund) added" -- this comment
on the Republic of Ireland's bailout plan has been copied from a CNBC article
titled "How Ireland Will Destroy the Euro" at http://www.cnbc.com/id/26986243

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Human Rights (Ireland): http://www.humanrightsireland.com/

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The Spirit of King Ollamh Fodhla, Great Banqueting Hall (Hill of Tara) & Ulster:
http://www.kingollamhfodhla.com/

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