Ireland has just guaranteed bank deposits to the tune of over 400 Billion Euro - almost 3 times our annual output (GDP). It is clear we couldn't honour those guarantees if there were major defaults.
Has the Government just mortgaged our lives to bail-out the banks? What if WE go bust trying to bail-out the banks? Where is our equity particaption in the Banks we have rescued? Indeed, where is the equity? Vote McCain for war without gain
