By Gene Kerrigan
A QUESTION. Have the citizens of this befuddled little nation become so used to bowing the knee that there’s nothing they won’t let these people get away with? So far, an impartial observer might answer, yeah, probably.
Right now, Michael Noonan‘s Department of Buggering Up the Economy seems determined to see just how much humiliation they can heap on to us. It might be that one evening, having drunk a few bottles of Chateau Arrogant with their lobster dinner, the minister’s bright-spark advisers came up with an idea.
“Suppose,” one Knight of Austerity murmurs, “suppose we brought back bonuses for bankers?”
A shiver runs through everyone in the room.
“I’m talking big, big bonuses,” the Knight says.
“Too soon,” says one deputy assistant under-secretary. “Far too soon.”
Now, I’m just speculating here. For all I know, it was Chateau Shameless they’d been drinking. But I’ve no doubt a conversation of this sort took place. How else do we explain this Irish Independent headline from last week? ‘Michael Noonan clears way for bank bosses to get bonuses’.
The headline was over the byline of Laura Noonan, who doesn’t make things up. She quotes from, and therefore has access to, new guidelines okayed by the minister. These will “pave the way” for “incentive arrangements” at AIB, Permanent TSB and at The Dead Bank Formerly Known as Anglo.
A handy stick to beat us with (thepressnet.com)
- Restructuring the Irish promissory notes (thepressnet.com)
- Governor Patrick Honohan before the Oireachtas (thepressnet.com)