Political analysis last night

Tim Robbins

So in what is one of the worst days in Ireland inc we have Brian Lenihen rolled onto the national broadcaster and interviewed by Miriam O'Callaghan.

In my opinion, this interview was a disgace, the Irish people want answers. She comes across as if she is reading questions of a cue card and is not up to speed with everything going on. Brian takes the conversation off on tangent or produces figures such as comparing the interest on the bank bailout to the budget deficit but she can't think quick enough and hasn't done enough research to challenge these points.

This means that Brian L and FF come across as if they know what they are doing. I can't believe it's such an easy ride.

When I got into trouble in school you'd know some teachers were a breeze and others would give you hell.

I really think the standards with highly paid broadcasters (she is on over 200K a year apparently) should be much higher. It's essential in a democracy there is questioning and critical feedback.

Bring back John Bowman.

Any thoughts?

mrgaa1

From listening to radio stations - RTE, BBC, snippets from comments made by people all over Europe, watching TV news across different channels - RTE, BBC, CNBC it appears that they are happy with the way Ireland has conducted itself in attempting to bring all this under control and are happy that Ireland has finally gave a figure for Anglo's bailout that is closer to S&P's guesstimate from previous.

Hard measures are on the way - but one guy this morning who was scathing of the government (RTE 1 about 8:15am) said that the underlying economy is back at 2003 levels. I didn't get to hear the rest of the interview.

The figures are huge - unemployment is massive - but could we say that we have finally met the turning point - that around this corner is the very long road to recovery - that we can finally say we're at the bottom?
who knows?

The Valley

turning point will not happen until we have a general election

Who ever gets into power will have a clear mandate from the people who are picking up the tab. A new government will be able to introduce new cost/ budgeting measures to bring our borrowing below 3% within their term.
Turning point will also depend on what the markets will demand in bond yield auctions
Turning point will not happen untill the figures are concrete and banks start lending

Full accountability - FF will answer for their mismanagement of our economy

the spin form Cowen is that all members of the financial aspect of this meltdown have either been replaced or sacked and prosecutions are ongoing.

WERE IS THE POLITICOL ACCOUNTABILITY...

WE NEED TO STRIKE

Public / private sector, it does not matter, if we are not willing to stand up and say enough is enough we will continue to bend over and take it up the arse

jmayo

mrgaa1 wrote: »

From listening to radio stations - RTE, BBC, snippets from comments made by people all over Europe, watching TV news across different channels - RTE, BBC, CNBC it appears that they are happy with the way Ireland has conducted itself in attempting to bring all this under control and are happy that Ireland has finally gave a figure for Anglo's bailout that is closer to S&P's guesstimate from previous.

Hard measures are on the way - but one guy this morning who was scathing of the government (RTE 1 about 8:15am) said that the underlying economy is back at 2003 levels. I didn't get to hear the rest of the interview.

The figures are huge - unemployment is massive - but could we say that we have finally met the turning point - that around this corner is the very long road to recovery - that we can finally say we're at the bottom?
who knows?

Yeah we have turned a corner you might say.

BTW correct me if I am wrong, but haven't you posted on Accomodation & Property as a property investor and weren't you telling us all there, in the middle of last year, we had turned a corner in the property market and we were at the bottom ?

flutered

on the utv news last night, a commentater claimed, the housing and land sale/resale will be stagnent for at least ten years due to nama having so much n.i. property on its books, i assume the same will apply here.

Tim Robbins

flutered wrote: »

on the utv news last night, a commentater claimed, the housing and land sale/resale will be stagnent for at least ten years due to nama having so much n.i. property on its books, i assume the same will apply here.

Oh yeah that's right, the Irish have killed property markets around the world.