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Comment #571460 by Micheal

Micheal Aug 26th 2012, 12:05 PM #

This sounds like a “woe is me” tale.
Say the letters are released? Do we hand back the loans we have received? Do we become a nation of builders once again?
The fact of the matter is that regardless of whether or not these letters are released, we need to move on. There is no demand for building, that is what the entire Celtic Tiger was based on. We need a balanced economy, one that relies on many trades, on many industries, on many sectors.
I’m not sure that releasing the letters is going to majestically bring all of that. Until we have a balanced economy, the queues at Dublin Airport are going to continue, until we are mature enough to hit that realisation, I don’t think we would be able to act responsibly, or act accordingly, if those letters were released. It’s easy to blame pressure from here or there or wherever. We need to look inward at ourselves, and releasing the letters isn’t going to make us do that.

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Read the article where this comment appeared:

Will Noonan publish the ECB letter that forced Ireland into a bailout?

Will Noonan publish the ECB letter that forced Ireland into a bailout?

Fianna Fáil has called on Michael Noonan to publish Jean-Claude Trichet’s letter himself, after the minister said it should be released.

REPLIES

    Favourite Dermot Mc Loughlin
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    Aug 26th 2012, 12:38 PM

    loans?
    Typical attitude towards all this by EU loyalists, question nothing, accept everything thrown at us, prostrate ourselves at the great altar of finance……sure who cares that the loaded gun was pointed at every man woman and child of this state……carry on, we’re good little Europeans…..give us hell Europe.

    Its this flaccid approach to all things EU which allowed this gun being put to our heads, we’re a soft touch…..whipping boys, and its why Ireland is an irrelevance to these bullies, we’ll continue to take the flak and its why no respite to the burden foisted upon us has being offered… (or indeed sought)….and will never be offered for as long as we remain the forellock tugging, cap doffing, hand wringing peasants the EU has us painted as.

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    Favourite Dave Hammond
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    Aug 26th 2012, 5:09 PM

    It’s not a woe is me tale at all , the euro currency was a badly designed political project , the weakness of which had a devastating effect when the pressures hit our economy , and the unfair way we were bailed and forced to structure the debt on all of us is not a woe is me tale. I don’t disagree at all with your points we need a balanced economy etc m but you cannot just accept an unsustainable debt put on our shoulders for years and years ahead because that’s the way the club has been operated as the rules were made up as they went along. The significance of the letter is evidence and information that can help us understand what has us in this position and how best to negotiate our best way forward…looking inward at ourselves is only going to get us so far , examining the scales of the debt problem will have to be part of any self examination anyway…

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    Favourite Dermot Mc Loughlin
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    Aug 27th 2012, 4:08 AM

    Michael says we should not look to seek who is too blame yet puts the blame back on us -Ireland..ffs wise up.

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