Planned casino is folly on the grandest scale
Published 16/06/2011 | 05:00
You really have to wonder at this country sometimes. Three years into a devastating recession, caused almost entirely by the greed of property developers and bankers, and a batch of nouveau riche down the country have decided to build a half-a-billion euro casino. With a life-size White House.
The sad truth is that when this goes down, and it will go down, the banks that were borrowed from to build it will pass their losses to the rest of the country through bailouts, causing yet more financial pain for most of us.
Since legislation must be passed/changed to allow this to be built, I can only leave it to the Oireachtas. Don't allow this to happen!