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Oppposition criticism of banks

  • 23-11-2010 12:20pm
    #1
    YouProduce
    Closed Accounts Posts: 51 ✭✭


    Hi,

    Can anyone tell me what opposition politician actually criticised the banks and had reservations about the credit situation before the crash? I'd like to find actual instances of individual opposition TDs that actually opposed the status quo of 5 years ago, but I don't know where to look. I know there weren't many, and I will be pleasantly surprised to find any to be honest. On the off chance that anyone can provide instances can you also provide links please?

    Thanks in advance


Comments

  • #2
    thebman
    Closed Accounts Posts: 10,012 ✭✭✭✭thebman


    Members of FG and Labor most certainly did.

    However one must remember come election time, they were all basing policies on 5% growth which was unsustainable unless they continued the property boom.


  • #3
    themadhair
    Registered Users, Registered Users 2 Posts: 234 ✭✭themadhair


    Sinn Fein campaigned on bank reform at the last general election. It was one of the main talking points used by the canvassers that came around our house. IIRC both Fine Gael and Labour campaigned to abolish stamp duty, which would have inflated the property market even more. For some reason these are the only two things I vividly remember about the 2007 campaign.


  • #4
    Dorcha
    Closed Accounts Posts: 138 ✭✭Dorcha


    Neither Fine Gael nor Labour had the information and advice that Fianna Fail had, but chose to ignore. They have commented on unfavourable remarks by international financiers about the way the Irish Economy was heading. Unfortunately, Ireland had plenty of home-grown “experts” who refuted it, and boosted Fianna Fail's fairy tale.


  • #5
    themadhair
    Registered Users, Registered Users 2 Posts: 234 ✭✭themadhair


    Dorcha wrote: »
    Neither Fine Gael nor Labour had the information and advice that Fianna Fail had...
    Important point.


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