This day 11 years ago – 30 September 2008 – the Irish government announced it would guarantee Irish banks from possible collapse.
Legislation passed by 114 votes to 18, supported by Fine Gael and Sinn Féin, but not Labour, who said voting against it was “the correct decision.” pic.twitter.com/PfVZPpptoy
— This Day in Irish History (@ThisDayIrish) September 30, 2019
Previously: Why John Gormley Stayed In Bed
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Frankfurt’s Way or Labour’s Way?
Poor Shinners, they’ll forever be reminded about this even though they voted against the guarantee, after mature reflection, a fortnight later.
The total sum of the bailout given to the Dáil at that point was 4 billion.
What’s it now at? €40 billion?
Stop making me cry please
While 13 billion sits in an escrow account costing circa 50 million a year in negative interest
Plus whatever legal costs we’re incurring trying not to accept it
Christ t’ night Leo
Get it together would ya
2008 – the last time man united won the champions league. probably won’t win it again until all the bank debt is paid off.
David mc Williams . .chief advisor…we should appoint dermot bannon as housing minister
A decision that will never age well …
God, but the Greens were just appalling. From the M3 motorway to Gormley. Useless shower of feckers