Bailout has turned us from citizens into serfs

Excellent article "Bailout has turned us from citizens into serfs" from Fintan O'Toole in The Irish Times April 6, 2010.

"Every year until at least 2021, we will be putting €500 million more into Anglo and Nationwide than into the Department of the Environment’s capital budget. (At least John Gormley will be able to say that the Government is spending unprecedented sums on sewage systems.)

The social and economic costs of this are devastating, especially when you think of what else we could do with the money. For the annual €2 billion we’re putting into Anglo and Nationwide, we could almost double what the State spends on mental health services and disability services.

We could almost quadruple spending on children and families. Two years of this money could build a national high-speed broadband network, putting people to work in the process and greatly improving our economic competitiveness."

Fintan is right. The Banks, Fianna Fail and the Green Party should be ashamed of themselves for what they have done to us and our children and grandchildren.