We are all also culpable for excess

Delusions are taking hold that the Irish public was blameless for our economic woes. Nothing could be further from the truth - we willingly stoked the fires of destruction

1st August, 2009

In last week’s Sunday Business Post, Bord Snip’s Colm McCarthy raised an interesting issue about public attitudes towards the difficulties which currently beset the country He suggested that ‘‘public acceptance of the need for severe fiscal action is inhibited by the perception that failures in the banking system have gone uninvestigated’’.

He opined that ‘‘it would help if the Oireachtas initiated an enquiry into what went wrong...

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