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Thread: Lenihan/Cowen 'catastrophic decision'

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    Politics.ie Member needle_too's Avatar
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    Default Lenihan/Cowen 'catastrophic decision'

    Wolfgang Münchau (of the FT) a highly respected commentator doesnt mince his words on the Fianna Fail party....

    ........on Tuesday, 30 September 2008, when Brian Cowen, the Irish prime minister, gave a blanket guarantee for the entire banking sector. His decision bounded the other eurozone leaders into following suit. The rest is history.

    I would go as far as to classify the decision as one of the most catastrophic political decisions taken in post-war Europe.
    http://tinyurl.com/2fbl4yr

    Well done, Fianna Fail, 1st again!!!!
    Last edited by needle_too; 8th October 2010 at 02:04 PM.

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    Well said Mr. Münchau.

    The question is, was Cowen sober?

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    Yeah 'a lot done not much more left to do'

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    Politics.ie Member Asparagus's Avatar
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    Quote Originally Posted by needle_too View Post
    Wolfgang Münchau (of the FT) a highly respected commentator doesnt mince his words on the Fianna Fail party....



    Redirecting...

    Well done, Fianna Fail, 1st again!!!!
    =2915&tx_ttnews[backPid]=901&cHash=5fc6365df5

    Ireland and Greece, too, preferred to cripple their economies for generations to come in order to avoid the political blemish of a default, or even an agreed rescheduling of the sovereign debt. Both countries are fundamentally insolvent – if you assume, as I do, that there will be zero growth for five, or even ten years, with further steep declines in asset prices.
    ANGER IS A POLICY, GET OFF YOUR KNEES

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    Its amazing that our media report it at all, or was it foreign media again.
    You'd think Kenny committed Treason and brought in IMF. Cowen had all in stitches in Galway at 3.30a.m.but he was "not impaired" -DD Power. FF=Publican páirtí an IMF.

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    Quote Originally Posted by eyelight View Post
    Well said Mr. Münchau.

    The question is, was Cowen sober?
    And, if Cowen was not sober, what state was Lenihan in?

    Before his illness, he was quite likely to have an odd pint, apparently.
    We have turned the corner.I commend this Budget to the House. Brian Lenihan, 9 December 2009

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    Ironically it will take a newspaper columnist to drill some sense into the electorate. If Munchau's opinion can persuade some other commentators to voice the same they may give us what our national leadership cannot, a general election.

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    Ohh, dear me, the whores of Mount Street won't like working on a Friday - all together now -forget Jay Leno, the Telegraph and now Herr Munchau - bang on about Cowen's Newsweek rating again

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    Politics.ie Member Disillusioned democrat's Avatar
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    There must be some mistake....the foreign commentators applaud the government's hard decisions, they applaud the Irish populations ability to absorb pain, they say we should have A FF-led national government forever...

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    link doesn't work?
    The best way to see Faith is to shut the eye of Reason.

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