Shane Ross

Economy

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Archive for the ‘Economy’ Category

Set up for a fall, but slugger Cowen came out fighting

Charlie McCreevy was billed as the appetiser, Brian Cowen the hors d’oeuvres and Bertie Ahern the main course. At long last, the Banking Inquiry was set to gorge itself on the Fianna Fail carcases. Earlier witnesses, like the economists, the media, the regulators and the bankers themselves, were the warm-ups. The Banking Inquiry was never about the bankers. It was always about Fianna Fail.

The constipated sphinx breaks ranks and turns on the bankers

The last time Kevin Cardiff appeared before a Dail committee, he resembled a constipated sphinx. His 2011 summons to the Public Accounts Committee (PAC) proved tortuous. The then head of the Department of Finance was on the back foot after a €3.6bn error in the State’s finances occurred on his watch. Extracting information from the sphinx was like pulling teeth from the mouth of an unwilling dragon.

Bankers turn the tables on the Banking Inquiry

The bankers are playing a blinder. Someone, somewhere has been giving them some wickedly shrewd advice.

Old wounds reopen with scrappy 70-somethings

Has Michael Noonan lost his touch? The sure-footed Minister for Finance has become accident-prone in recent weeks. Instead of floating above the media scrum, Noonan has descended to political jousting. Not all of it has seen the avuncular Michael emerging in glory.

 

Pym the Pauper shares his sausage and chips

Do not be fooled by AIB’s tiny cut in rates last Friday. One cut does not kill a cartel.

 

Noonan casts our votes for UK banking insiders

This week Michael Noonan has a chance to redeem all his past sins. He could make an epoch-breaking statement. Sadly, he has already blown it.

Landlords of Leinster House declare interests

Sinn Fein leader Gerry Adams receives a pension from the Queen of England. The ghosts of nationalists past must be haunting his Donegal holiday home.

 

Noonan could help variable victims, but he won’t

Bravo for the bankers. Have you swallowed the new narrative from the banks? Bankers and their fellow travellers are peddling big, big porkies.

 

Merkel won’t interfere with our ministers’ toys

You have to hand it to the Government. The economy is on a roll. There they are feeding us with fine figures about exports, deficit reduction, falling jobless and the rest.

 

Aer Rianta: Pensions deferred are pensions denied

Angela Cunningham is 60. She has been a lone parent, the mother of two children, since 1991. Angela has worked hard outside the home to rear her children, all her life.