Fine Gael today renewed its calls for the Government to revisit its plans to restructure Anglo Irish Bank and shut it down if saving it is not economically viable.
Finance spokesman Michael Noonan noted Minister for Finance Brian Lenihan said last year the cost to the taxpayer of saving Anglo would be €4.5 billion.
“The Minister’s estimate has now risen to almost € 25 billion and Standards and Poors, when evaluating Ireland’s creditworthiness last week, put the cost at €35 billion,” he said.
Mr Noonan said the uncertainty about the back is having serious consequences for the Irish economy, with borrowing costs rising and credit lines tighter.
He called on Mr Lenihan to conclude negotiations with the European Commission “as a matter of urgency” and state clearly what the plan for the bank is.
“He must produce an accurate and internationally acceptable estimate of the cost of the Anglo rescue to the taxpayer, and he must clearly show that his rescue plan is less costly than an orderly wind down of the bank would be,” he said. “If he cannot do this, than an orderly wind down should commence immediately.
He claimed the Green Party was in favour of such a course of action. “The Greens are wrong about most issues but they may be right on this one.”
Here we have a an example of the Fine Gael riding to the rescue suddenly getting the words together to maybe call for the wind up of the Toxic Toilet Anglo Irish Bank ,when the Irish taxpayers have been robbed blind and nothing more can be done by Lenihan and the rest of the cr**** in the Government
Even now Fine Gael still cannot come down on one side or another the facts are, the big con artists
Of Anglo Irish Bank have long gotten their booty to safe shores and Mr. Kenny does seem to be well use to the plush green Fairways of the K club.
The developers have by now gotten all of their choice assets on the a family members name and can declare that there are” Broke” even though they are still apparently well able to fork our 1500 Euros per plate at “special dinners”
“Have no fear Kenny is here” Is not a cry you will be hearing from the trampled down populous anytime soon!
Fine Gael is coming up behind sometime soon when the coast is clear, is more like the type of phrase you will here
Instead of a well organized opposition we have a bunch of on the make it up as you go long’s
The success of Fianna Fail in pushing through the largest fraud in Irish history (NAMA) on to the taxpayers of this state is directly linked to the incompetence of the opposition parties and that is no badge of honour Mr. Noonan, nor should it be rewarded by the citizens of Ireland in the next general election
Fine Gael has failed miserable in their job as the largest opposition party!
How in God’s name do they even think that they will be allowed to lead the next government by the bewildered taxpayers of this country?
Do they think we are fools?
Do they expect to just walk into the Dail and carry on with the same political musical chairs system we have had for the last 80 years
No lads we the people have had enough of this gravy train for incompetent fools and it doesn’t matter what party you call yourself lads!
Conclusion: Fine Gael Talk is cheap