Click to Visit
[ Post Follow-Up ] [ Disclaimer ] [ Main BB ] [NB Refresh for current version]

re: bad bank lending at the root

Posted by Mairt on August 26, 2011 at 08:35:44:

In Reply to: re: bad bank lending at the root posted by Moo Moo GadaFFii on August 26, 2011 at 01:01:25:

Current deficit (what the country spends in one year minus what it earns) arises from short sighted political policies in terms of state services and associated spending. The ability to implement these poor policies was fuelled by the reckless lending and revenue generated by the recent boom.

Oh, and we elected the local and national politicians you correctly complain about.

No one can say they didn't realise voting for auctioneers to become local councillors wouldn't result in a conflict of interest when it came to making development decisions.

There might be more of an argument to say we didn't realise what our national politicians would do, but we voted them in multiple times when we saw policies they were pursuing.

  [Castlebar.News ]
[Photo Galleries ]
[Upload your Photos ]
[Nostalgia Board ]
[Roots ]
[Online Sudoku]
[Go to Castlebar ]
[West of Ireland Photographs]

[Why not become a contributor to this website? Logging in and submitting an article to is easy. For help see our contributors' section.


Post a Follow-Up




Optional Link URL: (http:// required)
Link Title:
Optional Image URL: (http:// required)

In submitting this post for publication I agree to the Terms and Conditions of the Disclaimer

[ Post Follow-Up ] [ Follow-Ups ] [ The BB Index ] [ Main BB ] [ Disclaimer ] [NB Refresh for current version]