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IT is remarkable that anyone should seem pleased we have added another €1.5 billion of debt (bond auction) onto the backs of the Irish taxpayer.
Well over two years into this crisis and still Taoiseach Brian Cowen and Finance Minister Brian Lenihan have pushed through no structural reform of the economy or tax system to make sure it costs less to run the country.
All they have been doing is racking up more and more debt so they can avoid having to do anything to reform how the country is governed and how it generates the income to pay for itself.
It takes no skill whatsoever to incur a massive debt burden for decades to come and yet we are meant to fall for the con job that replacing Brian Cowen with Brian Lenihan would be a good thing?
I beg to differ.
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