Saturday 16 December 2017

The wages of sin is political death

IF a house divided cannot stand, what chance does a nation, or a continent for that matter, have? The Government, last week, made much of its first 100 days in office but no amount of spin can disguise the fact that we are a society, following the collapse of our political and social institutions, increasingly at each other's throats.

We are also a nation surrounded by hostile foreign powers in a remarkably similar state. Last week, yet another one of our long list of new foreign rulers, Herman van Rompuy, appeared to come bearing the gift of an interest rate decrease and the good wishes of French President Nicolas Sarkozy to Mr Kenny. Sadly, the amorality of the current EU crisis, which leaves the former Northern Ireland Peace Process looking like an exercise in transparency, means Mr Kenny should beware Belgian politicians bearing gifts lest they steal his treasure of the current corporation tax rate by stealth.

The Taoiseach would do well to realise, and quickly too, that even in modern politics, the wages of spin, in the long run, consist of political death. It is a lesson his Justice Minister and his strangely diminished Finance Minister also need to learn. Last week, as part of his Anglo Irish and Irish Nationwide bonds demarche, which curiously enough led the news agenda on the anniversary of the Government's first 100 days in power, Michael Noonan claimed Ireland was not Greece. In fact, he and the Government are wrong -- and the bond markets know they are wrong.

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