Why should the UK bail out Ireland? Sign the Petition

Goonerboy


Joined: 01/04/2009
Posts: 723

Message Posted:
15/12/2010 09:11

Please keep on topic....



Matthew Sinclair - Director of the TaxPayers' Alliance - said: “It is a shame that Ireland is paying such a heavy price for the huge mistake of joining the Euro. British taxpayers don't want to see their money poured into a black hole trying to bail out that failed project, though, particularly with money so tight here at home. They rejected the Euro and shouldn’t be forced to pay for other people’s mistakes.



http://www.petition.co.uk/british-taxpayers-should-not-have-to-pay-for-a-euro-bailout-of-ireland







http://www.youtube.com/watch?v=thSTpGnWEAs&feature=player_embedded

dublinderm


Joined: 26/09/2009
Posts: 538

Message Posted:
15/12/2010 09:40

The reasons for the UK assistance are complex and many but here are a few;



1. To prevent German (and French) domination of the EU through economic means, and;





2. To prevent the rise of Sinn Fein in the Republic. They are currently standing at 11% in the polls and could be expected to take 20 seats in the Dail in the event of an election, and;



3. The UK LOAN is currently set at £4 bn. This is the same amount paid out to UK bankers in bonuses for 2009, and;



4. UK Banks (RBS, BoS) are up to their necks in Irish property deals the UK Govt wants them off the hook, and;



5. Ireland is the UK's largest trading partner. The UK exports more to Ireland than Brazil, India, and China COMBINED. Ask the workers in the Ford, Honda, and Nissan factories.



I say these things with no pride, but let's live in the real world. The UK does not and cannot exist in isolation.



I'm off to Banbridge and Newry (in the UK) where they will happily take my Euros.



Keep it real.



DD

Goonerboy


Joined: 01/04/2009
Posts: 723

Message Posted:
15/12/2010 13:03

Under current plans it is reported that we could be liable for up to £7 billion in any Irish bailout.



Not being part of the Euro single currency, why should the burden fall on our shoulders?



We rejected the Euro. WE made the right choice and shouldn’t now see our money put at risk bailing the project out. It needs to be the responsibility of the European Central Bank.



A bailout will by no means solve Ireland’s or the euro’s problems in the long term, it will just buy another temporary reprieve for the fiscal problems in the eurozone.



The problem is fundamentally more deeper then that

Stewart


Joined: 19/07/2008
Posts: 1107

Message Posted:
15/12/2010 14:58

Why not bail them out..when the UK is going to profit from it!.......



not sure of exact figs..but in essence...we are borrowing the money to lend them..at a lower rate than the rate we are lending the money to Ireland



Sounds perfect economic and financial sense to me

littlejohn


Joined: 09/03/2009
Posts: 316

Message Posted:
15/12/2010 23:51

Good old Ireland !! It's about time the english paid for their treatment of the Irish in the past. and dublinderm - sinn fein wouldn,t do any worse than the gobshites who have been running the country up to now !!!

Tiggy


Joined: 25/07/2007
Posts: 1994

Message Posted:
16/12/2010 00:41

Msg 4 & 5 bang on. Well said lads.



The UK are no mugs. Ireland is owed a lot more than 4 billion!

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
16/12/2010 00:53

a lot lot more tiggs and dd, maybe it our time no blacks no dogs, no english xxxxxxxxx

Doris


Joined: 25/08/2008
Posts: 30

Message Posted:
16/12/2010 18:52

Thank you for that - so many people dont know the facts and when we were flying and Lidl and Aldi came into Ireland - nobody except the foreigners were interested in shopping there because they were completely reared on UK products! - I rest my case!

dublinderm


Joined: 26/09/2009
Posts: 538

Message Posted:
17/12/2010 02:13

Hi again,



The total LOAN from the UK to Ireland has now been confirmed at £3.25bn.



£250,000,000 of that is pledged for cross border road building projects between the Republic and Northern Ireland.



Once again I reiterate that British banks got into the Irish property casino and are now in trouble (possibly to the tune of €8 BILLION). The British Govt is protecting their own system as much as the Irish one.



Do not get complacent if you happen to be Dutch (RABO Bank are up to their necks in Irish mortgages) or Danish (Danske Bank has an Irish subsidiary NIB). So being outside the Euro is meaningless.



Maggie Thatcher and her mate Ronald Reagan started the whole GLOBALISATION project. So they are the one's who began the whole process of this brave new world.



My missus has just ordered a new Nissan car that will be manufactured in the UK using a British workforce. If the logic of Goonerboy's argument is followed, she should have ordered a Fiat or Citroen.



!!!!!!



DD

Spearfish



Joined: 23/04/2010
Posts: 149

Message Posted:
17/12/2010 03:07

the british govornment bailed out every other man and his dog,

Why not bail out the Irish,

Not as though they are foreighners is it,

Look after your own I say,

Hippo


Joined: 02/02/2007
Posts: 2070

Message Posted:
17/12/2010 05:40

I would ratyher the money went to Ireland than bloody Afganistan, Iraq just have a look at where are money goes at the moment.



Britians overseas aid programmee is set to rise to 9 billion in 2013.



We even give to Malta and Singapore and Saudi Arabia, its a joke.



Singapore has the 4 largest income per capitia in the world, and the r.... hold us to ransome over oil.



Put our own house in order first and look after our own.

At least the the Irish can understand and speak our language.

If this sounds racist make up your own mind.