Cowen to address the nation

Papa_Bear

I hearby declare this day to be BLACK SUNDAY

ascanbe

Mister men wrote: »

Am i right in saying RTE cut off when TV3 guy started asking the hard questions? Jesus it's like North Korea in this country.

You're right. That's exactly what happened.

eljono

Could someone tell me what channel was this on and long did it last?

partyatmygaff

fluorescence wrote: »

What a useless press conference. No new information conveyed there at all, really.

Anyone else feel kind of sorry for Brian Lenihan? He seems like a decent sort, and at least he answers the questions put to him coherently without waffling in circles to avoid them.

Lenihan should have been made Taoiseach, not Cowen.

bnt

Sofiztikated wrote: »

A liability! Jesus, Vincent isn't pulling any punches!

There's asking questions, and then there's grandstanding for the cameras, and I have to say he crossed the line a bit there. We'll surely be hearing more from him in Politico.ie later, but in the mean time, here's some more sober analysis from the BBC's Robert Peston earlier today:

The total value of these loans - or more properly of these lending facilities - is expected to be less than €100bn (£85bn), although the definitive amount won't be fixed for a few days, until a team of experts from the IMF, European Commission and European Central Bank has finished their evaluation of the "hole" in the finances of Ireland's big banks.
The lending facility for Ireland is expected to have a life of three or four years, long enough (in theory) for Ireland to restore the health of its banks and to reduce the deficit in its public finances from 12 per cent of GDP (excluding taxpayers' financial support for banks) to a target of 3 per cent.
It is hoped that would be long enough for Ireland to restore its reputation as a creditworthy nation among commercial lenders and investors.

I have current, credit card and deposit accounts with AIB: not a lot of money in there, but you can bet I'll be keeping an eye on them. I can't see the likes of Santander or Deutsche Bank showing any interest without additional incentives.

WallyGUFC

What a night of TV! Suzanne Doyle gets caught the tramp and Beavis and Butthead address us and suck up to Europe. It's nights like these the TV licence was made for!!

efb

Das News iz gud, ya?

bhovaspack

I would suggest making a formal complaint to RTÉ for cutting off live coverage of the most important press conference in decades. A disgrace.

mike65

Smcgie wrote: »

What was that day?

Wild guess 9/11

Doubt it, there were hardly 13,000 boards members in 2001 or internet conections!

Absurdum

ascanbe wrote: »

Hardly anyone probably bothered to watch the thing as it was timed to coincide with the announcment of the X-Factor results.

I wouldn't put it past them you know.

Monty Burnz

fluorescence wrote: »

What a useless press conference. No new information conveyed there at all, really.

Anyone else feel kind of sorry for Brian Lenihan? He seems like a decent sort, and at least he answers the questions put to him coherently without waffling in circles to avoid them.

No. Lenihan is the best politician I have ever seen in Ireland, better than Bertie Ahern even. He makes people like him, he sounds plausible, he makes sentences.

That just makes him very, very dangerous. A buffoon like Cowen can lead the country into oblivion. Can you imagine the damage his silver-tongued lieutenant could do? He's the guy who told us NAMA would fix the banks. He's the guy who guaranteed the banks - the guarantee that has sunk us.They have not been acting for the Irish people for at least the last 5 years, and now we have arrived where we deserve to be - in the ****ter. We put them in power, didn't we?

alex73

The Sparrow wrote: »

It's utterly disgraceful that RTE cut it off when Vincent Browne was in the middle of asking the hard questions.

RTE = STATE OWNED = STATE CENSORED.

Spunge

Wow, what did RTE actually cut to ?

Kev_ps3

So were borrowing tens of billions more to bail out private banks, great.

x in the city

they are showing the all ireland got talent results maybe

very important stuff that

ejmaztec

Boards cannae take it Captain, she's breakin up.:eek:

kev9100

I would so go gay for Vincent Browne right now.

naughto

did any one see the two fellas walking behind the news reporter with the pig masks on??

shebango

The whole thing reminds me of this tbh.

Chuchoter

The MP on BBC right now doesn't seem too happy with lending to us...

Absurdum

protesters outside the Dáil - thinking of joining them - we must be heard

Nevyn

Spunge wrote: »

Wow, what did RTE actually cut to ?

Some talking head who was on stand by in the studio.

So what was the announcement? This thread is too long to read through. Are we screwed? - er - are we more screwed than we were?

Dero123

yeah it was biffo and lenihan making a quick getaway

Monty Burnz

partyatmygaff wrote: »

Lenihan should have been made Taoiseach, not Cowen.

That would be the Brian Lenihan who blew tens of billions on NAMA, and the same Brian Lenihan who made the debts of the banks the debts of the Irish people?

I disagree - I think he should be on trial for treason.

Fukuyama

What did Ursala do... I missed it

Chuchoter

Deleted User wrote: »

So what was the announcement? This thread is too long to read through. Are we screwed? - er - are we more screwed than we were?

We are taking the bailout and its nobody's fault.
We are royally screwed, to say the least.

Revolution9

Lenihan is just as much to blame as Cowen.
He is just as sly, and just as incompetent.

Nevyn

If you want to complain about RTE cutting away from the press conference
complaints@rte.ie

Monty Burnz

Deleted User wrote: »

So what was the announcement? This thread is too long to read through. Are we screwed? - er - are we more screwed than we were?

We are the same screwed as we were since Lenihan guaranteed the banks: totally screwed.

This is not the last of this crisis folks. This has YEARS left to play out.