Just to emphasise the point, Fionnan Sheehan's wife is an advisor to Mary Hannafin and a failed FF canditate in the 2009 local elections.This is a non story., like the articles about morgan kelly. They have a go at anybody that dares to tell the truth. I wonder what has cowen got on all these idiots, cocoran, harris, o connor, etc.
Agreed, they're both as camp as Christmas.Fianna Fáil literally means 'soldiers of Ireland'. However, it could legitimately by translated as 'soldiers of the hedge'. The noun Fál can mean hedge ditch or Ireland.
fianna fáil's destiny is reaching its final chapter. However I don't think that fine Gael, 'the tribe/family of the Gael' is any less camp than FF. Irish politics need to man up!
What a blasphemous comment....to the stocks with you.I dont know what we are all so worked up over.
'Nasty little man' Ahern on The Week in Politics has said that there is no truth in the bailout story.
He is such a rock of probity we must all bow down to his enormous .... ego.
A case could be made for his/her being all three rolled into one at various times.Which of the three monkeys are you Tonic?
I believe they've got a large box of "Bon Voyage" ready in the cupboard.Will someone tell BIFFO that they have a very expensive gym in Dail Eireann courtest of the taxpayer.
I had a sneaky look into the most expensive newsagents in the world in Dail Eireann. Wow. 166 customers + some staff maximum footfall per day.
Have a wide range of cards. "Get well soon" probably the most popular.
Fading Luck of the Irish
(Reuters) - It is difficult to believe that financial turmoil in a country as small as Ireland, whose economic output roughly matches the state of Maryland's, could have worldwide repercussions. -------------------------------------------
Critics say China keeps the yuan unfairly low by pegging it to the dollar, while many emerging nations have begun to blame the Fed's ultra-low interest rate policy for fueling bubbles and excessive appreciation of their currencies.
But Ireland stole the show. The country is in talks to receive emergency funding from the European Union and is likely to become the second euro zone country, after Greece, to obtain an international rescue, sources said on Friday.
Irish borrowing costs have shot to record highs this week, pushing European interbank borrowing costs up, because of concern about the country's ability to reduce a public debt burden swollen by bank bailouts. There are also worries that private investors will have to take a hit in any eventual restructuring of the debt.
"This is really a banking crisis," said David Wyss, chief economist at Standard & Poor's. "If you look at the subprime mortgage crisis in the U.S., Europe is seeing the same thing now." Fading luck of the Irish | Reuters
Of course we were told that we did not have a sub prime mortgage crisis here because we did not have too many sub prime lenders.Looks like our Taoiseach will have to turn his fury on Reuters in Washington. These people are the first official media to recognise that we in Europe are now going through the equivalent of a sub-Prime crisis. Wow! they don't realise it yet, it is going to be huge in Ireland.
What always amazed me was the number of guys right cross the banking spectrum in Ireland who were made managers while in their thirties from the 1970's onwards. These guys never knew what it was like to be lumbered with the financial strain of an ordinary mortgage as families and expenses increased faster than income.Of course we were told that we did not have a sub prime mortgage crisis here because we did not have too many sub prime lenders.
What they failed to realise was that every mortgage given after 2004 was a sub prime mortgage.
The American version was people who could not afford an average home receiving a mortgage because those was the rules, thanks to dim wit neo liberal Clinton.
The Irish version was those that could afford an average home having to pay over the odds for the average home, hence creating a sub prime market where none should have existed.
The Irish citizen was used to enrich FF developer donors. The Irish Banks decided they wanted a slice of the action.
The Irish citizen is now expected to bailout FF, their donors and the corrupt Banks.
Will we do it?