WITH the new Greek rescue the EU should take heed that it is now heading where Greece has gone.

THE Irish economy shrank for the third consecutive year in 2010, but new figures show that its rate of decline is slowing.

AS FG sweeps to power it must now deliver on election manifesto promises, chiefly the unilateral burning of subordinate bondholders and similar debt, as well as loss sharing (min 50%) with senior bank bondholders.

IF a new government attempts to buy back the outstanding €17 billion unsecured senior bank debt against the wishes of the EU/ECB the fallout for the Irish economy could be catastrophic.

THE zero on my keyboard is more exhausted than a spin-doctor.