Congress Must Veto Taxpayer Bailout of Ireland

Julie Borowski FreedomWorks 11/29/2010

Last week, the International Monetary Fund (IMF) announced plans to bailout Ireland. Since U.S. taxpayers pay 17 percent of the IMF’s funding, we are the world’s largest contributors. This means that American taxpayers will be on the hook again for billions of dollars to prop up failed economic policies overseas. With […]

Ireland forced to take EU and IMF bail-out package

Bruno Waterfield Telegraph 21 Nov 2010

Ireland has finally been forced to take an economic bail-out from the European Union in a deal designed to save the euro.

After a humiliating week of denying it needed help, the Dublin government succumbed to pressure from other euro zone countries and asked for a “very big” loan.