The great deception must end
By moving Nama liabilities off the nation’s balance sheet, the government mandarins think they are being clever - but, in reality, nobody has been fooled by their shoddy tricks
Over the past few days, we have been exposed to the thinking of the Department of Finance. It is quite a scary world, but one worth delving into. This crisis has exposed - no matter who is the sitting Minister for Finance - the strange and convoluted logic of the mandarins, the permanent government, who run the country. In truth, any sitting minister has only a four-year lease on power; the ‘mandarins of Merrion Street’...
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