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Rockstar economist: David McWilliams arriving at Leinster House today Leah Farrell/Photocall Ireland
Banking Inquiry

The awkward moment when David McWilliams played a clip of himself to the banking inquiry

TDs’ faces were a little strained when they heard the clip for a second time.

ECONOMIST DAVID MCWILLIAMS made an interesting and at times entertaining appearance before the banking inquiry this morning.

One of the few dissenters during the economic boom, McWilliams recalled how he had issues repeated warnings about the unstableness of the Irish housing market.

At one point early on in the hearing he played a clip to committee members of him issuing such warnings during an appearance on Prime Time in 2003 when he said the Irish housing market “is a scam”.

But a distinctly awkward moment came towards the end of this morning’s public hearing when McWilliams insisted on playing the clip again in response to a question from Sinn Féín’s Pearse Doherty.

TDs’ faces were a little strained when the economic commentator pressed play for the second time:

Video TheJournal.ie / YouTube

Our favourite bit is where he actually mouthed his own words:
http://vine.co/v/O2eHVK6qIXF

More: Why this economist made a late-night dash for biscuits in the midst of the banking crisis

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