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And now back to the economy
Read more about: Bertie Ahern Resigns, Economy 
Interesting Bloomberg News decades-long perspective on the Irish economy. Among the quotes –
“I can’t remember anyone at any level telling me, ‘The banks are giving hundreds of millions of euros to developers, and they’re borrowing this at short rates, so if anything happens to them, they’re caught,’” says Bertie Ahern, 57, prime minister from 1997 to 2008, in an interview at his north Dublin office. “I know some people say ‘you should have asked.’”
Remember this is the Bertie who looked up every tree in north Dublin for information about Ray Burke. But no one told him about the banks.
It is very important that the misdeeds of Bertie Ahern are kept firmly in the public domain…
…Until he is made accountable; stripped of all his vast pensions; motor & driver.
He should be impeached and locked away – like the criminal he is.
This person, almost single-handedly, sowed the seeds of Ireland’s demise.
He bullied his then Minister of Finance to bring in a Budget to smooth the ruffled feathers of David Begg; Jack O’Connor and the other beards in the Movement.
He belittled the efforts of some of the best managers in the country – like Michael O’Leary and Willie Walsh.
He regarded efficiency and profit as dirty words, imagining that the EU would continue to prop up our exconomy.
Well he was wrong. Ryanair is strong & getting stronger; Aer Lingus, after the depture of WW, is on the floor & falling.
Household names in Irish industry are no longer. Foreign investors are questioning the cost base here – wages; rents; Utility services – all of which are higher in comparable countries.
Ireland can still do it…
…Providing Government support the likes of Michael O’Leary and those who subscribe to effective cost control and the elimination of overlap; overtime and waste.
It matters not whether it is Fianna Fail; Labour or Fine Gael in control.
The solutions are the same – and there is not the width of a cigarette paper between them. They are all riddled with dynasties, some dating back 90+ years – and few of them, if any, with the ability to manage.
So he didn’t read the 6 pages of advice from the Central Bank in or around 1998 which stated the growth was unsustainable? It went to the banks themselves I hear (from anon sources)…