Wednesday 22 March 2017

Mortgage rate row could lose Fine Gael vital seats

Eoghan Harris

Eoghan Harris

Illustration by Jim Cogan
Illustration by Jim Cogan

Last week RTE ran a riveting film on the Irish badger. Like the Irish voter, that quiet creature only turns vicious when provoked. And Michael Noonan's crass handling of the Standard Variable Mortgage (SVM) scandal is such a provocation.

A bitter Irish aphorism says: "It's not the hunger that's the worst, it's the insult that follows it." And it's bad enough that well over 300,000 borrowers (multiply by three for total anger level) should be paying over the EU odds.

But worse in some ways has been the banal waffle from Michael Noonan and Simon Harris, neither of whom have a clue about the corrosive suffering of those scrimping to pay for a roof over their heads.

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