Risk management for whom?

Today, Ireland is under a different sort of tyranny, one imposed by the banks and the troika -- the EU, ECB and IMF. The oppressors have demanded austerity and more austerity, forcing the public to pick up the tab for bills incurred by profligate private bankers. The official unemployment rate is 13.2 percent -- up from 5 percent in 2006 -- and this figure does not take into account the mass emigration of Ireland's young people in search of better opportunities abroad. Job loss and a flood of foreclosures are leading to suicides. A raft of new taxes and charges has been sold as necessary to reduce the deficit, but they are simply a backdoor bailout of the banks.


The Bank Guarantee That Bankrupted Ireland | Ellen Brown