Government must tell us truth if it wants our trust
THE keyword from now on will be 'trust'. Success or failure in a post-bailout world will depend very much on our ability to trust our political institutions and those in charge of these institutions. A major by-product of the events of November and December 2010, when the EU and IMF took overall control of our financial management, was the shattering of trust in our political leaders, our government institutions and our democratic parliament.
There are those who strongly argue that we came through the despondent morass of the past three years in spite of this shattering of trust. In February 2011, with the general election, just weeks after the arrival of the EU-IMF delegation, we dramatically sacked the vast bulk of those who were in charge when financial control was lost.
We have rightly been slow to trust the new government led by Fine Gael's Enda Kenny and Labour's Eamon Gilmore. Apart from anything else, both these leaders and many of their senior colleagues, were at Leinster House for most of the bogus boom period and were not heard to raise any meaningful warning cries.