Cameron agrees to bail out Ireland if necessary

[MrMark]

http://www.guardian.co.uk/business/2...my-g20-ireland

Britain today stepped into the crisis enveloping the Irish government when it backed EU measures to mount a rescue operation if the country proves unable to repay its debts.

David Cameron agreed to add Britain's name to a statement giving assurance that the EU would step in to guarantee 100% of Irish debts if the country is unable to tap international money markets for extra funding.

I can't fault his actions harshly. If Ireland were to go under, it would surely impact far heavier on its near neighbour. Even so, coupled with the 2.9% increase in money paid to the EU annually, I wonder if the Euro-sceptics are going to quickly go off Cameron.

[shaunbhoy]

I am sure I speak for all on CUK when I say this is a most pragmatic and morally justifiable sentiment that David Cameron is espousing here, and is one that we can all fully get behind with no trace of doubt.
Charity begins at home after all. Let's face it, not many of us can scratch at our family trees too deeply without uncovering the influence of the Emerald Isle (unless you count those whose flavour leans toward the garlic!!). Well done David!!

[MrMark]

It's not my joke (took it from hpc) but it made me chuckle. Why do we call the Bank of England so? It's not just for England. Shouldn't we call it the Bank o fUK?

[MrMark]

I am sure I speak for all on CUK when I say this is a most pragmatic and morally justifiable sentiment that David Cameron is espousing here, and is one that we can all fully get behind with no trace of doubt.
Charity begins at home after all. Let's face it, not many of us can scratch at our family trees too deeply without uncovering the influence of the Emerald Isle (unless you count those whose flavour leans toward the garlic!!). Well done David!!

We should start a fund here, to bail out the poor blighters. Of course I should be exempted, as I'll be donating to the Guinness fund in Kilburn tonight anyway.

[The_Equalizer]

We should start a fund here, to bail out the poor blighters. Of course I should be exempted, as I'll be donating to the Guinness fund in Kilburn tonight anyway.

Although ironically Diageo has its headquarters in London and its primary listing is on the LSE.

[suityou01]

It certainly beats Cromwell's approach. Well done David

[OwlHoot]

Cameron should offer Ireland a unilateral guarantee, provided they agree to become a devolved member of the UK again and adopt Sterling.

Now's our chance to start grabbing back a bit of the Empire, and take a bite out of the EU at the same time.

I suspect Cameron is far to much of a whining pussy to contemplate it, any more than bottler Brown, the useless oaf, was capable of jumping at a similar opportunity with Iceland.