Enda Kenny refuses to fight for Ireland – so who does he really work for?
So Enda Kenny has said he would not be looking for debt write downs for Irish debt when asked to support a similar move to that proposed by the Syriza party who look like they are about to win the Greek election. His excuse is that he thinks it will create instability that Ireland cannot afford.
Instability for who exactly Enda, German, French and UK banks perhaps?
It appears obvious to everyone except those in government that the instability in Ireland is caused by the massive unpayable odious debt that is NOT the responsibility of the Irish people, and the massive €8 billion per year in interest alone that we are paying. This is the instability keeps Ireland teetering on the edge of a second collapse and will do for the foreseeable future.
On the contrary, writing down the debt gives certainty to the financial security of the country. A certainty that is very attractive to investors as they would see Ireland as a safe bet for their money. A certainty that thus lowers the cost of borrowing.
We hope Syriza win the election on Sunday, that will put the cat among the EU and ECB pigeons, and perhaps it will be the start of a snowball effect in Europe over this debt slavery to the banks that has been enforced on the populations by complicit politicians.
Of course what this whole situation highlights very well is what is the root cause of economic woes and poverty in the world, it is the monetary system itself that is protected at all costs by the regime. The system that benefits the private issuers of money at interest and enables the transfer of wealth from the 99% to the 1%. It is designed this way and works very well, which is exactly why they have politicians to protect it.
If we are ever going to free ourselves from this poverty and “uncertainty” we need to start thinking about completely redesigning the monetary system so that it benefits the many and not the few; so that its in-built bankruptcy is removed. This is a goal of DDI and we welcome any and all submissions on alternative monetary systems for careful consideration.
DDI want to challenge this illegal odious debt in the international courts and suspend capital and interest payments during this process.
Taoiseach would not support debt write down for Ireland
The Dail members are welcoming the proposal of a ‘Debt Conference’ by the Greek Syriza political party, to write off some of the country’s loans.
It comes as Greece prepares for an election on Sunday – where Syriza are reported to be the most popular.
Earlier, the Taoiseach said the Government here wouldn’t be looking for a similar move on Irish debts.
Enda Kenny says asking creditors to tear up Ireland’s debts would create instability that Ireland cannot afford.
One of the TDs in support of the a debt write down, Joan Collins from the United Left, says the Taoiseach is too focused on complying to the wishes of Europe.