Bring back the Boycott! Mobilise the flash-mobs! To the barricades comrades! Éirígí! (Mar dhea...)
These are some of the things that we are hearing even here across the water in sunny, temperate and moderate Deptford.
The Irish crisis of confidence in its political class looks justified. Here’s a few cuttings:
“Irish politics is often not a rational world. As they jumped up and down in the Dáil, the cost of Irish borrowing as judged by the markets from whom we will seek to borrow the money to keep the lights on jumped too - from excruciatingly high to utterly unaffordable.
This process occurred last Tuesday, Wednesday and Thursday. On Thursday, the Dáil was twice suspended because government and the opposition couldn’t agree on how to talk about by-elections.
If the financial crisis has been marked at every turn by the coalition government’s inability to grasp its seriousness and its scope, the opposition has shown that it will be a worthy successor, in this respect at least.”
That from Sunday Business Post
“A leading economist who predicted Ireland's property collapse is forecasting a new wave of toxic debt could sink the country entirely, this time related to domestic mortgages. As the premium demanded by investors to hold Irish debt hit fresh highs today, Morgan Kelly predicted a 19th-century-style land revolt by the public, warning their patience over the bank bailout is wearing thin.”
That from the Guardian
And this polemic from the Cork Southern Star whose leader last week asked the question; is Ireland at risk of civil unrest?
“Perhaps Michael Soden, member of the newly established Central Bank Commission and former Bank of Ireland chief executive, got it right when he advocated that Ireland should enter into an alliance as the 51st state of the United States of America.
His comment was made in all seriousness and it raises an intriguing question. Does Soden believe civil unrest is on the cards and that the Irish ruling class will be unable to stop it?”
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