Britannia Radio

Just A Thought ...

The new flag of Ireland

The population of the Republic of Ireland is less than 4.5 million.

The size of the bail-out of the country is estimated at 85 billioneuros, and then some, plus the 50 billion already spent to bail-out the Irish banks, which makes a total of something like 135 billioneuros.

So to rescue the deeply corrupt Irish banks, the government is negotiating a 'saviour package' of nearly 20 million euros for every Irish citizen - more like 30 million if you include the 'money' already spent to save the Irish banks that, well, didn't save them.

For a fraction of that they could let the evil banks collapse - good riddance - and make every Irish citizen a euro millionaire - total cost: 4.5 billion.

If this was done, do you think it might stimulate the Irish economy, er, just a little bit?

Will it or anything like it be done? Not a hope.