Alan Ahearne sends email asking colleagues for NAMA support

[BodyofEvidence]

Where are their ideas? Where were they when Alan Ahearne put his cock on the block? Locked in petty infighting and writing silly papers in their farcical publications no doubt.

And to suggest that being a government advisor is bad for an economists cv is churlish inthe extreme. Just because you are against a policy or a government should not cloud your judgment so much.

As for my statement about jealousy, the economist who wrote in his blog was seething with jealousy that AH had hit the big time and was mixing in the coridors of power.

yeah. I mean, when you are an occasional advisor to Putin and his cronies, well...Lenihans a much bigger prize.

[Dreaded_Estate]

Where are their ideas? Where were they when Alan Ahearne put his cock on the block? Locked in petty infighting and writing silly papers in their farcical publications no doubt.

Karl Whelan and Gurdgiev have both proposed alternatives to NAMA

[BodyofEvidence]

Karl Whelan and Gurdgiev have both proposed alternatives to NAMA

as has patrick honohan.

[Fish]

It is an honour to be asked to advise government.

Indeed as the old aspirational saying that there is honour among thieves!

Fixed that for you.

[robert151410]

Whatever, I think you are being deliberately obtuse in your refusal to accept that his cv has been augmented significantly by recent events.

[draiocht23]

Karl Whelan and Gurdgiev have both proposed alternatives to NAMA

Don't want to drag the thread off topic but Whelan posted an interesting
amendment to NAMA today -

Why not have risk-sharing [instead of the levy that would be imposed on the banks] as suggested by Patrick Honohan’s NAMA 2.0 (pay a low price for the assets today—Patrick phrases it as “what we can confidently expected to obtain”) and then compensate shareholders (not the banks) with a share in NAMA’s potential profits, should they ever appear? This protects the taxpayer, achieves risk-sharing, and gives us cleaned up banks with no “legacy” problem

Not ideal but at least, as opposed to the current scenario, the taxpayer would not be taking all the risk.

The Irish Economy Blog Archive NAMA Levy versus NAMA 2.0

[BodyofEvidence]

Whatever, I think you are being deliberately obtuse in your refusal to accept that his cv has been augmented significantly by recent events.

no, we arent. We are however, I think I speak for most posters here, suggesting that
a) the augmentation is going to take a long time to come through if at all
b) the idea you put forward of hordes of economists mad jealous of Alan is risible and foolish - btw a far better post is held as special advisor to Cowan, by professor peter clinch whom you dont see flailing about as AA does.
c) The idea that CG in particular is consumed with a desire to get into Merrion Square (where btw he is anyhow regularly as part of a task force on land taxes....) when he is well tuned into the russian government ....well

[Fish]

[quote=robert151410;2000628]

Where are their ideas? Where were they when Alan Ahearne put his cock on the block? Locked in petty infighting and writing silly papers in their farcical publications no doubt.

Pure disingenuous whataboutery! As has been pointed out to you already there have been numerous alternatives proposed to this plan. Plus you and others defending nama are trying to ignore the fact that there is still no analysis of the figures nama is proposing to use to value the toxic muck on the banks balance sheets other than the-makey-upey-as-we-go- along, "Long term economic value" whatever the hell that is, because short of having a svengali type crystal ball toting psychic you and no one else for that matter including A Ahearn can put an accurate value on what property and land will be worth in 5/10/15 or 20 years time.

And to suggest that being a government advisor is bad for an economists cv is churlish inthe extreme. Just because you are against a policy or a government should not cloud your judgment so much.

Being a government adviser is indeed an admirable posting however one could not really compare the present Irish Government to the governments in many other western countries. The fact is that our present incumbents would be to use a football analogy, ranked as non league part time amatures and are most certainly not premier league material.

As for my statement about jealousy, the economist who wrote in his blog was seething with jealousy that AH had hit the big time and was mixing in the coridors of power

Whaaaa?

Big Time?

You think that he has hit the big time has he? Considering he once worked as an advisor to the US Federal reserve!

His current posting in comparison to his time in the US is more akin to doing a charity work sabbatical in the slums of Calcutta.

You clearly demonstrate all of the obnoxious, pomposity and belief in thier own self importance bullcrap of the typical FF supporter with that statement.

[robert151410]

You know what lads? You have finally brought me to my senses. Better posting on p.ie with all its privileges than advising government on NAMA.

[BodyofEvidence]

Anyhow...A r-tweety-e bird tells me that Alan Ahearne and Brian Lucy will be on morning Ireland tomorrow, but not together. Tune in folks....