At first it was serious.

Then it became very worrying.

Now it is just a fucking big joke.

They now reckon on between 250 billion and 350 billion will be needed to get Ireland out of its mess.  I’m sick of billions, so let’s change up a gear and call it a quarter of a trillion to a third of a trillion.  There.  That’s better.  We are out of the billions and into the trillions.  That sounds much more impressive.

Just suppose we accept those figures that would be imposed by Europe, then what would that mean to Joe Rasher in the street?  It would mean at least an extra seven thousand in taxes off every working man and woman in the state. That is seven thousand on top of the tax increases in the forthcoming budget.  For a country where unemployment is already rampant, that is just not possible.

It is not possible.  Right?  So lets just stop talking about it as if it were.

So what is the alternative?

Simple.  Just tell ’em all to go fuck themselves and default on our debts.  The only reason the EU and the IMF are here in the first place is to protect the German and other foreign investors.  You don’t seriously believe they are here to lend a helping hand to a country in trouble, do you?  Nah!  They are also covering their arses because if Ireland defaults, then you can kiss the Euro goodbye.

So what are the practical options?  We can carry on with this rescue plan and take so much money out of the economy in taxation that virtually every business in the country will collapse and leave us all in the gutter.  Or we can default.  The former is impossible so that leaves the latter.

If Ireland defaults, that will create such a massive run on the Euro that it is very unlikely to survive.  Spain and Portugal would collapse for a start.  And if the Euro collapses then one of the central supports of the EU is gone, and with a bit of luck that organisation will collapse also.

So there you have it.  Effectively the end of the Fourth Reich.  No more dreaming of the United States of Europe.  No more interfering in our laws and way of life.  Once again we can become a self determining republic with our own sovereign independence.

So stop worrying about the mess.  Things are looking up.

I know I’m laughing.