I keep posting facts.
It doesn't suit some people who prefer to believe populist fairy tales.
That's their problem.
It did in it's shíte.The bailout cost the State 440bn.
The Bailout (the recapitalisation of the nationalised banks) will cost a net €30 to €35 Billion whenever we sell the shares we own back into the market.
All of this cost refers to the capital put into Anglo Irish and Irish Nationwide Building Society, aka IBRC.
On the flip side, the banks had been contributing up to €20 Billion a year in taxes up to 2008, whenever their Ponzi Scheme was going full tilt.
Also on the flip side, the State received €4.5 Billion in premium income whenever they sold that insurance policy known as The Guarantee to the banks who needed cover. That can come off the net cost above too.