Here is the actual result of the "Preferendum" at the recent Green Party conference in Athlone. It has just been released to the members. (Parentheses and brackets have been inserted to make the figures clearer) While it is true that the largest number of points went to an option favouring a version of NAMA, this still represented less than 25% of the support, and the support for ANY version of NAMA was less than 40%. Furthermore, the version of NAMA that was favoured was one that incorporated CURRENT MARKET VALUATIONS.

O P T I O N S (Points) [Consensus co-efficient]
A MARKET FORCES, BANKS MAY FALL, FOREIGN/STATE/IRISH BANKS MAY BUY, OR GREEN BANKS (411) [0.49]
B NAMA AS IS (387) [0.46]
C NAMA + BANK REGULATION + PARTIAL NATIONALISATION + MEASURES AGAINST SPECULATION ON NAMA ASSETS + RISK SHARING + CURRENT MARKET VALUATIONS + GREEN ECONOMICS* + SOCIAL QUOTIENT (657) [0.78]
D “THE SWEDISH MODEL” MULTIPLE AMCs WITH INSOLVENT BANKS PLACED IN PUBLIC TRUST (563) [0.67]
E “GOOD BANK” (369) [0.43]
F TOTAL NATIONALISATION; TRUSTS RUN LOCAL BANKS (383) [0.45]

* GREEN ECONOMICS MEANS ALL SUGGESTIONS ON TRANSPARENCY, SOCIAL JUSTICE, PROVISIONS FOR THE POOR AND THOSE ON NEGATIVE EQUITY, SUSTAINABILITY, A ‘NO-GROWTH-ECONOMY’ AND THE PLANNING ACT.