Ireland World Record Attempt: Most Expensive Bank Bailout Ever #NotOurDebt

This is a joint action between Contact.ie and the Anglo: Not Our Debt campaign.

After years of hard knocks, Ireland is poised for recognition on the world stage – an application is being lodged with the office of the Guinness Book of Records for the World's Most Expensive Bank Bondholder Bailout, per capita.

CREDIT WHERE CREDIT IS DUE:

Share this video with all Fianna Fáil, Fine Gael and Labour TDs by adding your name and email address below, and acknowledge their role in securing Ireland a place in the history books.

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Dear TDs,

After several years of hard knocks, it seems that Ireland may finally gain international recognition as a world-beater:  an application is being lodged with the Guinness Book of Records for World's Most Expensive Bank Bailout, per capita.

http://www.youtube.com/watch?v=hAkFatWFcOY

This video explains more, but I want to take this opportunity to acknowledge the part played by you, our humble Teachtaí Dála, in securing Ireland’s place in the history books.  Whether you contributed by your actions or inaction, we couldn’t have done it without you.

The proposed deal on the Anglo/IBRC liabilities that will convert the promissory notes to long-term bonds will certainly help to cement this record breaking victory, by ensuring that a legally-contested debt, that we pay to our own Central Bank, is turned into more a more binding and onerous form: sovereign debt.

Very much like the previous ‘deal’ on the €3.1 billion promissory note payment last March - that complicated business where the money got paid, in full and on time, but we forked out and additional €39 million in fees to the Bank of Ireland - this proposed deal on the promissory notes will ensure that the debt will be much harder write off, and will be with us for generations to come.  Bravo!  We can only hope that your role in this momentous achievement is never forgotten.

Yours sincerely,

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Ireland World Record Attempt: Most Expensive Bank Bailout Ever #NotOurDebt

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