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"a small country like ireland cannot engage in a default" he says
why was a small country like ireland engaging in a blanket guarantee? it doesn't make sense to give a guarantee when the world of bondholders and their mothers knew we didn't have the means to back it up
Lenihan keeps hammering away on the mantra that the cost of living is gone back to 2007 levels but things like food and energy that comprise a disproportionate share of low incomes haven't and have even risen. It's just plain dishonesty to spurious claims of fairness on that basis.
lenihan's answer to everything so far is that the cost of living has reduced.
even if it is true, (and that is debatable, depending on what you are buying and it certainly applies less to the lower paid and benefits-users), it is really galling for listeners and does nothing to win them over. if anything it infuriates them further
this guy about the minister's pay was really clever.
i suspect he half knew that the minister would reel off all the cuts the cabinet had taken, but knew that in reality, those cuts have had no effect on the basic needs and comforts of their day to day lives