How will an Irish bailout help Portugal or Spain?

It is a good question contained in this posting's headline "How will an Irish bailout help Portugal or Spain?"..... the answer of course is that it will not, nor of course is it intended that it would. The name of the game from now on is consolidation of the suppression of sovereignty of an entire continent. Such conquests can never be achieved without pain if not downright widespread misery. For what is coming read the ECB proposals for its new Enforcement Agency from the pdf file, linked here, (especially page 7 onwards of the 14 in total).