Broken promises and a discredited government

So now we know for certain: the government is not seeking a fairer sharing of the cost of fixing Ireland's broken banks.

31st March, 2012
Broken promises and a discredited government
Noonan's announcement on the deal on the promissory note was cause for a deepening pessimism about what is happening to this society.

So now we know for certain: the government is not seeking a fairer sharing of the cost of fixing Ireland's broken banks and is not seeking to require senior bondholders of Anglo Irish Bank and Irish Nationwide to share the cost of recapitalising these troubled financial institutions.

The government is satisfied merely to seek a reduction in the interest payments - or to seek a deferral of instalments on the massive bank debt inflicted on...

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