Blog

My letter to the Wall Street Journal re: Anglo Bank didn't bailout itself

My letter to the Wall Street Journal re: Anglo Bank didn't bailout itself
Profile photo of Patrick Barron

Re: Trial of three former officials at Anglo Irish Bank begins

Dear Sirs:
Anglo Irish Bank did not bailout itself.  Why aren’t the politicians who gave the money to Anglo, which led to the collapse of the Irish economy, on trial, too?  And let’s get right to the heart of the matter and try all those politicians who maneuvered an unwilling Irish nation into the EU (the Irish voted “NO” the first time) and forced them onto the euro.  Now Ireland is at the mercy of inflationists like European Central Bank president Mario Draghi, who promises to do “whatever it takes” to save the euro.  We knew the ECB was a bad idea when one-by-one the German bankers quit the ECB board in disgust over its illegal bond buying schemes.

Blog
Profile photo of Patrick Barron

Patrick Barron is a consultant to the banking industry. He teaches Austrian school economics at the University of Iowa and Bank Managemant Simulation for the Graduate School of Banking, University of Wisconsin. Visit his blog. Send him mail.

More in Blog

China’s Currency Manipulation Does NOT Harm Its Trading Partners

Patrick BarronJune 19, 2018
hayek

Trumping to Serfdom

Doug FrenchJune 18, 2018

The market provides its own punishment for irrelevant discrimination

Patrick BarronMay 20, 2018

Unilateral Free Trade Would Benefit All UK Citizens

Patrick BarronMarch 21, 2018

The EU elite are ignorant of the true meaning and importance of “comparative advantage”

Patrick BarronMarch 15, 2018
stockmarket-300x200

Don’t Trust the “Trump Boom”

Taylor LewisFebruary 20, 2018
santelli1

Inflation has Central Banks Playing Musical Chairs

Doug FrenchFebruary 8, 2018
mueller

What If Things Were Different?

Taylor LewisJanuary 30, 2018
ContainerShip_teaser-300x129

Why Comparative Advantage Matters

Danny LeRoyJanuary 29, 2018