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Shabby episode an example of all that's wrong in sorry State

Brian Cowen's troubles are deepening by the hour. The consultation process is little more than theatre. His survival is on a thread as more and more of the facts emerge. The greatest step forward in this process of slow revelation of the truth I will shortly examine. First, however, there is Mr Cowen's statements about himself.

He concealed more than he conceded in his lengthy statements to the Dail on Thursday. He failed to answer crucial questions. He concealed details of significant conversations about Anglo Irish Bank held with senior bank staff, board members and other politicians. He denied exchanges that have been clearly claimed by others. He has since continued to prevaricate. This is what mr Cowen has been doing, with little respect for the truth, over the last three years in respect of the banks, and notably, Anglo Irish Bank.

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