Our corrupt culture delivered ‘socialism for the rich

THE news that the Cork-Swansea ferry may be back this summer is certainly a boost for Cork and Kerry, and great credit is due to all those who have campaigned so hard to restore this vital service to our region.

In the light of events like our banking crisis, however, it might be a bit like being thrown a rubber ring in a tsunami. This is a crisis ‘made in Ireland’, created by the corrupt culture endemic in our financial system and encouraged by successive Fianna Fáil governments out of their love affair with greedy property developers.

That is why our ‘world class’ bankers can get away with almost single-handedly destroying our ‘world class’ economy without ever being noticed by our ‘world class’ auditors and the financial regulator.