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Boom heroes exposed


Madam -- Sometimes when walking in the garden with my grandchildren, we turn over large stones to see the insects underneath. Suddenly turning over large flat stones uncovers a variety of insects which dash for cover from this rude interruption.

Beetles, woodlice, millipedes, earwigs, some earthworms and even spiders all desperately trying to escape the light that has intruded into their, hitherto, hidden world.

The children, except for those who don't like spiders, are fascinated by all of this.

In a matter of seconds the space immediately under the stone is deserted. Each insect has, apparently, headed off to continue its life elsewhere.

In September 2008, the citizens of this country began to be informed, gradually, of the massive financial difficulties that lay ahead.

Before this, we had the developers, bankers, lawyers, estate agents and all the macho products of the so-called Celtic Tiger strutting their stuff, backed by an establishment of politicians and other public servants.

But now the stone was lifting... and the heroes of the boom started making their exit.

Some simply ran away, others cunningly transferred their endangered assets to their spouse or their children, the politicians did their part in bailing out the banks and setting up Nama .

In the past, bankruptcy used to be an embarrassment, now it became the thing to do... maybe not quite the same as scuttling away into the undergrowth because, unlike the insects, some of these people left massive debts for other people to pay.

The young children who were innocently enjoying the antics of the insects will be the ones who will, eventually, have to pay the debts of those who incurred them.

Joe Curran,

Celbridge, Co Kildare

Sunday Independent