You are being ripped off

The European Central Bank announced a cut of 0.5% on interest rates last Thursday. But scumbag Irish banks aren't giving it to you...

According to a piece in the Indo, the 0.5% cut in interest rates that the ECB gave out last thursday has yet to trickle it's way down to the majority of Irish consumers. Why? Because Irish banks and Building societies are craven, money-grabbing, 'fumble-in-the-greasy-till' thieving bastards, who not content with trying to clandestinely fuck us for the last thirty years have now taken to openly shafting us in broad daylight. All of them, with the exception (at the time of writing) of IIB Homeloans have refused to pass the cut on to their customers.


According to the piece, 'The banks here stand to save an estimated ?100,000 each day they do not pass on the cuts to customers - a potential ?40m a year.' That's a lot of moolah. And how do these low-lifes get away with this? Because, the ECB is powerless to make them implement the cut. Really? Then what the hell do we have a common economic policy for? For that matter, what the fuck do we have a single interst rate for? This is just farcical.


The piece continues: 'CAI financial spokesperson Eddie Hobbs said the banks were betting on the fuss over interest rates blowing over, and on customers not taking their business elsewhere. This was "a good bet", he said'


Jesus jumped up Christ. What's next? Would they like us to sacrifice our first born children to them? How about a complimentary sodomising of our wives and daughters on a altar of skulls and bones which we could erect in the middle of the IFSC? Perhaps they could ensure our complete loyalty to their companies by introducing a policy to inject any dissenters with the bubonic plague? When is enough, enough?


No matter how shit things can get in Ireland, once again the sheer greed of the business community conspires to make matters worse for the people of the country.

Update: As of today, 10th June, the following three banks have caved and given the interest rate cut: Permanent TSB, National Irish Bank and ACC.