Saturday 19 August 2017

Banking crisis is quite simple

I would like to take issue with your statement that the banking crisis 'is an immensely complex issue' (Editorial, September 1). It is, in reality, very simple.

Decisions by a small number of people at the head of government, banks, etc, have nearly bankrupted the country. Decisions by a similarly small number of people in the Irish Government, in Europe and at the head of international financial institutions have decreed that everyone in this State will pay the price for the debacle for years. 'Shut up, put up and pay up' is the message.

At the same time, people at high levels in government and editorials like yours keep telling us not to be negative. It creates a bad impression.

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