Friday 9 December 2016

Brendan Keenan: Memo to opposition: beware of banging on about banks

The IMF deal leaves little wriggle room for a new government, so how can they ease our misery?
LEGAL QUERY: Pat Rabbitte questioned terms of loans

Published 05/12/2010 | 05:00

THEY call it a Memorandum of Understanding. But there is likely to be little understanding, either in the sense of knowing what it means or, so far as the EU/IMF is concerned, the sense of offering sympathy.

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One got the impression last week that even opposition politicians had difficulty understanding what it implied for them. Or perhaps they have trouble actually believing what the opinion polls tell them -- that in a few months they will be in government, with a comfortable majority.

I suppose it is hard to believe, given that Fine Gael has not won an election for 28 years. Still, it hardly excuses the opposition's fondness for making rods to beat what will surely be their own backs.

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