The Pac chairman is right to question his "fitness for office"...Many other people have been saying this for years.
He's their elder lemon and 'brains'of the outfit.Sean Fleming TD, from Fine Gael's master party Fianna Fail, calling out Noonan and questioning if he's fit for office.
How low have FG sunk? How embarrassing can it get for the blueshirts?
It's also what Nama has done to our future.Irish taxpayers money.
Irish taxpayers require full disclosure of the facts, especially around NAMA's Project Eagle.
NAMA was set up by Lenihan,enshrouded by secrecy ring fenced from political interference. It was wanted to make money and pay off as much as they could-at a time when prices were at rock bottom. Now they are being judged on recovery prices.While I think Enda has been a dithering idiot that let Phil Hogan take liberties with Irish Water, Noonan to my mind has been the real toxic force in the last government and into this one.
He appears to have used the weakened state of the economy to implement some fairly bizarre personal ideologies.
It's hard to imagine he would so ably support "big business" at the expense of the tax payer without some kick-backs, and I'll openly admit there's no evidence of this, but time and again he appears to have unnecessarily put the boot in.
Nama, Cerebrus, REITS, charity status for vulture funds, Apple tax etc., etc., a litany of sweet deals for big business while the state was on it's knees.
FF should forever be ashamed of their performance that brought us to our knees, but FG have to take the blame for the abuse they doled out while we were down.
Was there never going to be a recovery?NAMA was set up by Lenihan,enshrouded by secrecy ring fenced from political interference. It was wanted to make money and pay off as much as they could-at a time when prices were at rock bottom. Now they are being judged on recovery prices.
Plenty of houses available outside of the M50 but the government seems only interested in having Dublin employed.It's also what Nama has done to our future.
Supposedly it didn't wantnany houses built and quick sales.
Well because of that we have gone from a bubble to a shortage and citizens are held ransom by rapacious vulture funds and those buying from them trying to extract value from an inflated price.
That takes a high degree of economic illiteracy and world class ineptitude
Noonan and Nama will be damned for posterity
I don't blame Nama for selling off the assets quickly. There could have been (and probably still will be) another leg down in the property market. They weren't to know that Central banks would be so active in delaying the day of reckoning.Was there never going to be a recovery?
Why were NAMA sales rushed?
They had until 2021 to sell off the assets.