Hey gang
I just heard Eamonn Ryan on the news at 1. The thrust of his interview was that NAMA would not over pay for bad debts and that the Green Party would be seeking to make changes to the legislation. We will have to wait until Sept 16th to see if he is correct, so, the jury is still out.
What I found particularly galling though was the following:
Asked about the 46 Economists who had come out against NAMA, Ryan stated that, "There are 250 Economists in the country, I just wish they went public with all these criticisms 5 years ago. Where were they when the land speculation and flawed macro and micro economic polocies which caused the recession were happening"!!
So, Eamonn Ryan is annoyed that Economists , who have no impact on Government policy, weren't offering vociferous enough opposition to Government policy 5 years ago. HOWEVER, he personally has no problem sitting around a table with the very same FF ministers who actually enacted the economic policies which he finds so distructive!!
Talk about hypocritical!!
C
P.S: The above qoute is almost word for word what Eamon Ryan said.....in complaining about Irelands Macro/Micro economic policy, is that an admission that "international factors" are not to blame???!!!



LinkBack URL
About LinkBacks
Reply With Quote