NAMA the last entry in catalogue of ineptitude

SHOULD the interests of the banks be prioritised over those of taxpayers?

I suggest that the taxpayers’ interests should clearly take precedence. Consequently, alternative bank capitalisation options should have been carefully evaluated and only if no satisfactory solution emerged would the Swedish model of NAMA, coupled with bank nationalisation, have been worth considering. All of that required a far higher standard of assessment than the Green party applied last Saturday.

Their pact with Fianna Fáil, like Faust’s with the devil, may well prove to be their nemesis. The electorate, which is facing into a long period of austerity, will not forget the Greens support for an utterly incompetent administration.