It's time for TD's to finally redeem themselves in the eyes of the people the claim to represent.
It’s time for them to break from corrupt bertie and his property bubble and start anew.
David McWilliams: We must face reality - and end bank guarantee - David McWilliams, Columnists - Independent.ie
However, the key is to define reality. Welch explained to me that if you don't define the crisis, others will define it for you and then you play catch up and are on a hiding to nothing.Reality is not being defined. The reality is that the Irish Government's credibility is being contaminated by the banks. Today the guarantee should -- according to the original plan -- have lapsed and the banks should be left to deal with their own mess. The reason the guarantee was granted two years ago was to avoid a run on the banks in the chaos of autumn 2008. Then, once that was prevented, the Government could have seen which banks it was going to save and which it was going to let go. Clearly this would have involved using the clock ticking down to the end of the guarantee as an incentive for the creditors to come to the table and do a deal with the State. But instead of using the guarantee as a bargaining chip, it was used as a blanket bailout.