Closer to Botswana . . . No sympathy . . . Blame bosses
Published 08/01/2011 | 05:00
A 45pc rise in VHI B plan -- I had to check to make sure I wasn't living in Zimbabwe. Maybe Mary Harney's famous quote should now be rewritten: Closer to Botswana than Berlin.
- Pardon me if I do not join in the sympathy for Ivan Yates. He owned a 160-acre farm in Wexford, had a state pension of €50,000 from his time in politics and was making in the region of €100,000 from his media appearances. His sources of wealth are a multiple of what an average person can earn.
Yet he is bankrupt. Why? Because he chose to run a gambling business. His profits in this business were on the backs of many compulsive gamblers. He who lives by the sword dies by the sword.