Thursday, November 11, 2010

Barroso set to throw EU taxpayers dwindling resources to Ireland

The President of the EU Commission, on such a huge salary and with massive perks that lost him and his fellow Commissioners any sense of reality many moons ago has just pledged EU help for Ireland, where ten year interest rates on their bonds yesterday went through the 8.75% mark. Bloomberg has the report from the G20 in Seoul, Korea just over an hour ago. Barroso is of course from Portugal, where he once agitated for an extreme far left government, so he no doubt has one eye on the dreadful situation in his own home country which is next in line behind Ireland in having its economy completely devestated by the ridiculous Euro currency project, which was always a certainty to fail.



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