What we need is an inquiry, not petty political point-scoring
THE Government is making it up as it goes along on the holding of a banking inquiry. That is the kindest interpretation of its handling of the situation in recent days. The other possible conclusion is it simply does not know what it is doing. What other explanation is there for the mixed signals coming from the Coalition?
The Taoiseach had been emphatic that an inquiry can, and should, be carried out by an Oireachtas committee. But not all of his ministers share this enthusiasm. The reports that Tuesday's meeting of the Cabinet debated holding another referendum to give the Oireachtas more powers of inquiry prove that.
If the Taoiseach is so confident that an Oireachtas committee can do the job, why any need for greater powers?