Congrats! You now owe €170,000 each!

Thanks to the corruption of banksters and the craven treachery of the current government in the face of bullying gangsterism by the IMF and the EU, every man woman and child in Ireland now owes €170,000 of sovereign debt.

This cannot and will never be repaid in full. Default is inevitable. The longer we wait to default, the more the banksters get paid and the worse state this country will be in.

This came about because grasping banks and billionaires, named correctly as terrorists by the estimable Senator David Norris in the Seanad, lent money to AIB and Anglo Irish who then spunked it on property development loans which are now not being paid back.

In a fit of madness or corruption, the government decided secretly in September 2008 to guarantee those debts. According to cabinet member John Gormley, who revealed it on the Marion Finucane show, they decided this weeks before revealing it, and presented it as an overnight emergency fait-accompli.

That guarantee has since been enacted, and the billionaires want their money back from the Irish people. They have used the EU and the IMF as the guns pointed at our heads to achieve this by way of the infamous bailout.

The bailout works as follows - we, Ireland, borrow tens of billions and pay it back to the creditors of the Irish banks. The billionaires are now paid but we the Irish people now owe the money to the EU and the IMF. That money now totals €170,000 EACH. And it will rise at around 6% annually.

If you don't want to pay this money which you never borrowed, you have only three choices left:

1. Emigrate.
2. Go on the dole and refuse to pay taxes. This will cause you hardship, because that is going to be one of the first things cut to ribbons in tomorrow's banker bailout budget.
3. Protest, loud and long, outside the Dail tomorrow. Call your local government TD, be they Fianna Failure, Green or so-called Independent, and insist that they vote down this treasonous budget. Fight for your right not to be held accountable for the debts of others.

You can, as the saying goes, die on your feet or live on your knees. Your choice. You have less than a day to decide.

Not your debt - don't pay it

Anglo Irish Bank's debt is not your debt.

You didn't borrow billions from Roman Abramovich and European banks. You didn't lend it foolishly to speculative property developers who went belly-up. So why are you expected to pay off the billionaires?

Print this up and stick it in your window. Stick it on your car. Stick it across Bertie Ahern's tax-dodging gob. Stick it all over the place until they get the message.

It's not your debt or mine. Let's refuse to pay it.

(Thanks to Esker Riada for the image.)

Not my debt

The 35-40 billion euro quoted today as the (current) estimated cost of the Irish banking bailout is not my debt.

So I'm not going to pay it, and I urge everyone else who is not responsible for the debt to behave likewise.

Iceland has demonstrated that the idea that keeping bogey banks afloat is essential to the survival of a state is nonsense. Anglo and the other banks gambled and lost. They should have been let go to the wall, as capitalism suggests. They should still be let go to the wall even now.

This transfer of cash, from the taxpayer to the banksters, the banks and their bondholders is nothing more than corporate welfare. These scum speculated and lost. But when I lose a bet, neither Paddy Power nor the Government intervene to secure my money. So why do the hyperrich get their losses nationalised?

If you weren't in Fianna Fail's Galway tent, if you weren't on Seany Fitzpatrick's dinner party list, if you didn't help run up these spectacular losses, then it's neither morally nor legally your responsibility to pay them.

Brian Lenihan and the pondlife in Fianna Fail want you to pay these debts to bail out their pals. Don't do it. Only a policy of public disobedience in this matter will see this Government removed, the cancer of their corruption excised and the debts transferred to where they belong - to those who ran them up in the first place.

You can't stop them taxing you. But you can do everything possible to minimise your taxes. You can't bring down the banks, but you can hurt them by transferring your savings out of the state. You can't refuse to pay moneys due to the state, but you can delay paying them for as long as possible, and eke out those payments in instalments to create maximum difficulty for the state.

Or you could go further. I don't mean drive a cement truck into Leinster House. I mean get out on the streets and demand change.

There are only two ways to avoid being saddled with 40 billion euro of debt you never ran up - emigrate like hundreds of thousands of people are doing already, or protest. REALLY protest.

It's not my debt and I won't pay it.

Jail the bankers and their politician protectors NOW. Let THEM pay the debts THEY ran up. Or let them rot in prison.

Ireland's debt clock

Ticking down to the midnight hour when the IMF turn us all back into peasants, I bring you...

Ireland's debt clock!