File:Ireland-EU-IMF-memo.pdf

EU-IMF Ireland Bail out

Wikispooks note

The above heading is for SEO purposes only.

Wikispooks does NOT regard this programme as a bailout for anyone other than the bankers, bond-holders and those who, personally or as corporate entities, made such recklessly stupid investments - motivated by the usual mixture of blind greed and crookedness - in the first place. The Irish taxpayer - by and large - did NOT sanction those investments. With suitably designed safeguards to protect the 'widows and orphans' cadre, it is the investors/speculators themselves who should be required to take their losses.

To do otherwise is to enshrine the principle of "Privatise profits - socialise losses" for those banks and corporations deemed "Too big to fail" - a charter for crooks and charlatans if ever their was one.

Index of Documents

1. Letter of Intent - EU Authorities 1-3
2. Letter of Intent - IMF 5-6
3. Memorandum of Understanding 7-23
4. Memorandum of Economic and Financia1 Policies 25-34
5. Technical Memorandum of Understanding 35-38