It is both utterly wrong and impolitic that the IMF has forged a Troika with the European Commission and European Central Bank and is dictating fiscal policy in struggling Eurozone economies, such as setting up separate accounts for bail outs
to ensure money is used to save the Euro through debt repayment and is not injected structurally to help the suffering population.
Chief executive Peter Vicary-Smith, said: "Consumers can't afford to bail out
the banks again and they don't trust bankers to change their behaviour.
Surely, never again should British taxpayers have to bail out
banks which are too big to fail.
European and IMF officials agreed on Sunday to help bail out
Ireland with loans to tackle its banking and budget crisis, stabilize financial markets and prevent loss of confidence in other euro zone members, notably Portugal and Spain.
Fine Gael leader Enda Kenny said the Government was hammering ordinary workers to bail out