With no signs of the economic outlook on Ireland getting any better, there are fundamental problems that need to be addressed. The main reason why the economy is suffering and that there is huge unemployment is because of the EU/IMF bailout.
The bailout was signed by the previous government that would give Ireland the funds it needs to survive. However this will mean that Ireland has lost its economic soverignty which will now be controlled by the Troika. Yet still to this day people are bewildered as to why they have to pay back the debts of bankers and property developers. The Irish tax payer must pay back the huge bailout loan that was given to Ireland without any permission what so ever.
In the video below you can see that the leaders of the Troika will not answer Vincent Browne’s question. This is the problem with Irish society today. There seems to be a higher class of people who are running the country and we do not seem to know anything about them. As the foreign rulers force austerity measures such as massive cuts to services and huge increases in taxes, they still do not answer the simple questions such as “what are you doing with our money?” and “why are you bailing out a toxic bank?”
http://www.youtube.com/watch?v=1Vo6VzQddi0
<div style=”width:425px” id=”__ss_11906572″> <strong style=”display:block;margin:12px 0 4px”><a href=”http://www.slideshare.net/AdamBrennan92/mn319-ca1” title=”Mn319 ca1″ target=”_blank”>Mn319 ca1</a></strong> http://ahref= <div style=”padding:5px 0 12px”> View more <a href=”http://www.slideshare.net/thecroaker/death-by-powerpoint” target=”_blank”>PowerPoint</a> from <a href=”http://www.slideshare.net/AdamBrennan92” target=”_blank”>Adam Brennan</a> </div> </div>