Ireland Reveals Full Horror of Banking Crisis

Taxpayers are being left with the bill and deeper austerity measures, but the government says the banks are too big to fail.

Overnight taxpayers learnt they will be shouldering an even bigger burden to bail out the Anglo Irish Bank - to the tune of $41 billion.

"The banks have actually got us into this mess. They should actually get us out," one person said.

"It is too shocking when you see people still on the side of the road homeless and yet there were these people smoking their big cigars and yachts out in the Mediterranean," another said.

With unemployment at a record high of 14 per cent, Macdara Doyle, from the Irish Congress of Trade Unions, says citizens cannot afford the bailout bill.'

Read more...