The final bill for bailing out Ireland’s banks will be €70bn after stress tests by the Central Bank in Dublin detailed that four institutions need another €24bn. 
Central Bank Governor Patrick Honohan said AIB will need €13.3bn, Bank of Ireland will need €5.2bn, the EBS will need €1.5bn while Irish Life and Permanent will need a whopping €4bn, more than double what was expected.
This means that despite the fact that half a million citizens are unemployed, thousands are emigrating and the country is standing on the brink of oblivion; our new government is planning on flushing another €24 billion down the grand toilet that is the Irish banking system.
By going down this path, Fine Gael and Labour are condemning this nation to ultimate default. What they are doing is just as bad as the actions of previous governments and the business elite that led us into this mess.
Despite lavish promises of reform and job creation, the legacy of what will surely be one of the shortest lived governments in this states history will be the willing donation of money that this nation doesn't have to bail out toxic banks. To pay off these unpayable debts, the Fine Gael coalition government will plunge generations of Irish men and women to come into poverty and debt.
Is this the change that the people of Ireland voted for a month ago?
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