OscailtMedia Fuss over €280 Million While Completely Silent on €28 Billion Plus Interest<em>I'm reproducing this post here because I think it needs wider circulation. I hope the original poster will forgive my boldness but It is an important message that should get out to the widest possible audience.
Basically, under instruction from the EU, we will be giving private investors the interest on 28 billion of bank debt instead of paying it back to the Irish central bank as is currently the case, all with barely a murmur from the Irish media. Meanwhile the distraction storm rages on over a piddling 280 million which MIGHT be repaid to junior bond holders some of which MAY actually be local credit unions etc who are very beneficial to our economy.
Furthermore If interest rates rise in the future we WILL be crucified by huge wasted interest repayments to greedy vulture capitalists.
Meanwhile the media have us pissing and moaning over a hypothetical 280 million which MIGHT be repaid mainly to the likes of our own credit unions which will be peanuts compared to these other interest payments most likely going to foreign vulture capitalists</em>
Breaking news: Italian MP, Sgarbi denounces the Statistical Fraud on COVID-19. The speech of the Member of Parliament Vittorio Sgarbi in the session of the Italian Camera, Meeting no. 331 of Friday 24, April, 2020. Vittorio Sgarbi, denounces the closure of 60% of the businesses for 25,000 COVID-19 Deaths, of which the National Institute of Health says 96.3% died NOT of COVID-19 but of other pathologies. That means only 925 have died of the virus. 24,075 have died of other things.2024-03-29T07:55:27+00:00Indymedia Irelandimc-ireland@lists.indymedia.iehttp://www.indymedia.ie/atomfullposts?story_id=105152http://www.indymedia.ie/graphics/feedlogo.gif