Enda. Please don't include me in your ("Hail fellow well met" best new friends, trying to impress) remarks. Sitting there with your legs crossed sneering at all of us. I didn't overspend at all during the tiger.
Enda. Please don't include me in your ("Hail fellow well met" best new friends, trying to impress) remarks. Sitting there with your legs crossed sneering at all of us. I didn't overspend at all during the tiger.
+1.The quote was "People went mad borrowing...".
So lets analyise this:
Like Odea, I did not join the madness, but "people" did.
- The level of borrowing during the period 2000 to 2007 was mad (or does anyone think is was otherwise?)
- The borrowing was done by people (not cats, dogs etc)
- He did not say that all people went mad, but some clearly did
- Yes others went mad by not controling or regulating the market, but if "people" did not borrow to the extent they did we would not be in the state we are in
It is hardly surprising that the usual suspects (Sinn Fein, People (?) Before Profit, Vinny Browne, Constant Regurgitate, even FF) are up in arms (sic). These professional critics are just that.
The problems in this country were caused by
Fianna Fail
Fine Gael &
Labour
while in Government.
Power corrupts incompetents.
If a person gives a gun to a small child and that child then shoots someone then the adult who gave the gun to the child is at fault.
If a person gives a gun to another adult and that adult then shoots someone then the adult who used the gun is at fault.
+1, but isn't this the common cry lately?The Central bank and the Financial regulator did nothing to stop profligate lending by the banks.
All of the above set the scene for the massive levels of borrowing that the Irish people then indulged in but in the end nobody forced anyone to take out a loan. Adults are responsible for their own actions so if people borrowed too much then they only have themselves to blame. I really don’t see how you can blame the current government for any of the above, that’s like blaming the people steering the lifeboats for sinking the Titanic.
+1The problems were caused by the failure of government to govern during a decade where democracy was subverted by vested interest groups who carved up the country. The person who holds primary responsibility for that is Bertie Ahern. He sat there with his arms folded and his mouth shut while the construction industry kept their tax breaks and the unions got their massive pay increases, while social partnership emasculated the people in the Department of Finance who should have been steering government policy. The Central bank and the Financial regulator did nothing to stop profligate lending by the banks.
Good point.but in his state of the nation address to us a few months ago he stood up and said 'we are not to blame! .....who dose he mean by 'we'
sounds like he changes his story to suit his audience.
And while we can't blame Enda for what happened in the past, we can blame him for not doing now what needs to be done. It's the vested interests in Ireland that need to be taken on. Until we do that the Irish people will continue to live under the bootheel.
Politicians fell over themselves to take credit for the celtic tiger. Now that it has turned bad they are falling over themselves to get away from taking credit. Hamish puts it best in Breaveheart in a quote I can't use here - but can be found by googling "braveheart Nest of scheming"
Sure teachers took credit for the boom because they’d educated our “highly educated workforce” in our “world-class education system”. They peddled that line of guff in order to justify the massive pay increases they looked for (and got).
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