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17 September 2009 Edition

NAMA - Government seeks to rob the people

17 September 2009

THE Irish Government, probably the most unpopular in the history of the Southern state, is now attempting to rob the people through its National Assets Management Agency (NAMA) legislation. NAMA will cost approximately €15,000 for every man, woman and child in the 26 Counties. Over the course of recent years banks in Ireland lent too much to a small number of greedy developers and the Irish Government cheered them on with billions in tax breaks, and the state's banking system has collapsed as a result. Free article


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