So Long, And Thanks For All The Cash

April 4, 2008

Maybe Bart’s timing hasn’t deserted him after all …

There was another big jump in the number of people on the Live Register in March, according to figures from the Central Statistics Office.

The seasonally adjusted figure rose by 12,000 from February to reach 199,900. This was the biggest rise on record. The unemployment rate jumped from 5.2% to 5.5%, a figure not seen since June 1999.

RTE: March Live Register rise a record

Apparently, Marc Coleman has used the word recession on national radio. He has presumably been added to the list of those who should be killing themselves for saying bad things about the economy.

Ireland Inc. can also give itself a big pat on the back for another record - according to the IMF, we are now the proud owners of the world’s most overvalued property market.

Report [PDF]

Meanwhile, the Irish Times advises us that “Buying a house can now beat renting”. Seriously, that’s a headline on the front page of the Business section.

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Farewell

April 2, 2008

the bart

Bartholomew, classy to the end, departs. He does find the time in his resignation speech to claim credit for most good things that happened in Ireland over the past decade. He also finds time to indulge our fondness for self-congratulation - “The Irish people are innately decent and I’ve been privileged to serve them and to enjoy tremendous support.” Even better, he thanks the plain people of Ireland for praying for him. He mentions DeValera and Lemass, but not CJH.

Always the professional speaker, he works in a few jokes “I believe the secret of Fianna Fail’s enduring success is rooted in the quality of people we have as public representatives”, “I look forward to comprehensively dealing with these matters at the tribunal and robustly refuting any imputation against me” and “I look forward to the completion of the tribunal’s work and I am confident that, when it reports, the tribunal will find I have not acted improperly in any way.”

As with many topics (see house prices), more reasonable coverage is provided by non-Irish media outlets.

MSNBC:Irish PM resigns over cash-payments scandal. Ahern denies wrongdoing after probe uncovers $150,000 in secret deposits

CNN:Irish PM to quit over payments scandal“.

Spiegel:Following months of investigations into illicit payments … The total of the suspicious payments is €886,830 ($1.39 million) in today’s terms, according to the Irish Times.

Daily Mail: Bertie Ahern ‘took controversial payments’ when he was out of pocket over separation

Turkishpress.com: “… Bertie Ahern, who has come under growing pressure over alleged financial irregularities …”

Guardian:Irish prime minister Ahern resigns amid financial controversy

If you fancy a flutter on what Bart will do next, Paddy Power are giving odds of 5-2 on him becoming the first permanent president of the EU, and 4-1 on him becoming the next president of Ireland. That makes him the favourite in both of those races. Perjury obviously does not disqualify.

Now, let’s see when / if we find out exactly who was showering Bart with such large amounts of cash, and why?

More Bart

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Patently misleading, utterly hypocritical or both

April 1, 2008

hai mahon

From the Irish Times, which will have to stop charging a subscription fee sometime soon if it hopes to survive …

Six Dáil statements Taoiseach would not like to be asked about

There are at least six Dáil statements Bertie Ahern would prefer not to be asked about as they are misleading, hypocritical or both, writes Fintan O’Toole .

ONE ASPECT of Bertie Ahern’s High Court challenge to the Mahon tribunal which begins today seems, on the face of it, rather puzzling. He is attempting, among other things, to stop the tribunal asking him questions about statements he has made in the Dáil.

His stated reason for this challenge - that he is obliged to uphold a constitutional ban on anyone being “made amenable” for statements in the Oireachtas - is not credible. Tribunals have questioned politicians about Dáil statements before, and one, the beef tribunal, was almost entirely based on allegations made in the Dáil.

What has puzzled many people, however, is why he would have any other reason for preventing questions about his Dáil statements, when his explanations for unorthodox financial transactions were also given in the Bryan Dobson interview on RTÉ and in the famous election press conference clash with Vincent Browne. What could there be on the Dáil record that is not otherwise available? As it happens, quite a lot.

There are at least six statements on the Dáil record that the Taoiseach would prefer not to be asked about because they are either patently misleading, utterly hypocritical or both: 1. February 18th, 1999: The then leader of the Green Party Trevor Sargent asked a straight question: “During his political career since the mid-1970s in which he has been a close associate of three senior Fianna Fáil figures who have been engulfed in financial allegations, namely, Mr Haughey, Mr Burke and Mr Flynn, has the Taoiseach been the beneficiary of a payment, contribution or gift from any source which, with the benefit of hindsight, he now considers to be unorthodox, unusual or irregular?”

Bertie Ahern’s reply was: “As regards the comments of Deputy Sargent. I do not believe I have ever done anything wrong concerning money in my 22 years in politics or prior to that. I would be honour-bound not to do so as a professional accountant. I hope I have not done so and I deem that I have not done so.”

This was deliberately and knowingly misleading. The very word used by Trevor Sargent, “unorthodox” is the one subsequently used by Bertie Ahern to describe the handling of his personal finances. (”My affairs are unorthodox.”)

2. January 27th, 1999: “I formally became treasurer of Fianna Fáil on 28th January, 1993, but I started work in that area in 1992 in the course of the changeover period . . . Early in my term as treasurer we suspended local activities in constituencies so the money could go to the national organisation which was in a poor financial state.”

Given the large amounts of money apparently being raised in this period by Bertie Ahern’s own constituency, either this statement was untrue in itself or he, as treasurer, was ignoring the rules he made for others.

3. May 28th, 1998: “Financial contributions to politicians should be made for strictly political purposes, be clearly accounted for and given with no other motive than the good government of this country and support for the democratic system as a whole.”

He knew at the time he said this that he himself, as he accepted under oath at the tribunal, “regularly received political donations which were to be understood as being capable of being used for personal purposes”, and that the system of accounts operated by himself and his associates were the opposite of clear accountability.

4. February 18th, 1999: “I have not ever taken any money from [ a] Fianna Fáil account unless properly authorised to do so for specific purposes.” Money from a Fianna Fáil account was in fact used to purchase a home in the name of the Taoiseach’s then partner. There is no evidence that the party authorised, or was asked to authorise, this transaction.

5. September 10th, 1997: “It is also unacceptable that in the case of Mr Haughey full co-operation was withheld from the tribunal, forcing it to undertake lengthy, painstaking and costly research to establish facts, which could have been established almost at once with his full co-operation. It is unacceptable that in a manner hitherto concealed from the public a taoiseach should be personally supported to the tune of £1.3 million.” Neither of these things were, as we now know, at all unacceptable to Bertie Ahern.

6. September 10th, 1997: “The Government considers that following the money trail is the most efficient and effective way to progress this type of inquiry.”

This alleged belief is contradicted both by the repeated attempts by members of the Government to characterise the adoption by the Mahon tribunal of this method of inquiry as a witch-hunt and by Ahern’s own attempt to stop the tribunal investigating any sums less than £30,000.

In any functioning democracy, this repeated misleading of parliament would in itself be grounds for resignation. Here, there is a different standard. As the Taoiseach told the House on December 9th, 2003, in a rare moment of honesty: “Those who have been elected to the House try to remain elected. That is the code of ethics in this House.”

Image from Green Ink Pen

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Your Flexible Friend

January 22, 2008

I really enjoyed listening to Bart opining on the absolute turmoil on world stock exchanges earlier.

Speaking to reporters in Dublin, Mr Ahern admitted he was “concerned” about the current volatility. He said he and the Tánaiste and Minister for Finance Brian Cowen had spoken “a number of times” in recent days.

I wish I was reassured, but unfortunately circumstances have intervened, and we the plain people of Ireland may suffer. Bart would surely have had a lot of sage advice to offer Cowen if only he hadn’t suffered the tragic bout of amnesia which has erased all his memories of the period when he was Minister for Finance. If this hadn’t happened, the country would surely be safe and impervious to any external economic upheavals.

“Our economic policies are well thought out and are very sound, our budgetary policies are very sound.”

The Irish Times fails to point out that Bart is obviously referring to the European Central Bank when he says ‘our’. After all, it is the ECB which dictates our economic policies.

“But from our point of view, it’s important that we realise that economic developments in both the European Union and the rest of the world aren’t as open to America.”

“We have flexible markets which allow us to respond flexibly to adverse developments when they happen.”

Anyone any idea what this means? I don’t. I do know that Bart’s definition of flexible seems to be as flexible as a flexy thing though. In 2006

“Being a small, open economy gives us an inherent flexibility”

Seems that flexibility is the thing to aspire to, whether your economy is open, closed or grapefruit.

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“Now, I Hope That Answers The Question For You”. “No It Doesn’t.”

December 22, 2007


“I don’t think that’s any of your damn business,” the Taoiseach replied to tribunal counsel Des O’Neill when questioned about his separation from his wife.

What a contrast that “damn business” snarl is to the infamous RTÉ pass-the-hankies interview when, bordering of tears, the Taoiseach first introduced his personal affairs into this arena.

Irish Examiner

On his blog, Harry McGee apologises for “dredging up a horrible metaphor”. I disagree. I think it’s a wonderful metaphor, even if it has been used before. “[A] rat in an anorak” has a lovely ring to it, and I could see cartoonists having some fun with it

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Ahern Disappointed At Lack Of Yacht As One Of The Perks Of Job

November 14, 2007

His ‘peers’ have yachts coming out their ears, or so he seems to think. These would be peers such as Gordon Brown, Angela Merkel and Nicolas Sarkozy. He would also like a modest summer house like this one.

Since he doesn’t have one, he deserves to be paid more. However, in his inimitable style, he seems to be attempting to benchmark himself against leaders of major world states, whilst denying he is doing so -‘they are not comparable so we should not do so’.

I thought he was a socialist? 

On a serious note, is this the best the spinmeisters have been able to come up with over the last few days? If so, I’m disappointed. Or else Bart wants to get out as quickly as possible. Could it have something to do with this man?

More: Dig Deep And Sponsor A Taoiseach This Christmas

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The Very Definition Of Brass Neck

November 8, 2007


 

The guy on the left, that is, not the guy on the right.

The Taoiseach has called for wage restraint in the next round of talks on a National Wage Agreement, which is due to get under way in February.

Sound familiar?

Mr Haughey was lambasted for having spent huge sums on tailored shirts and expensive restaurant meals while simultaneously urging Irish people to tighten their belts amid economic gloom.

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“Like A Giant Condom” - 21st Century Hiberno-English Rules!

November 6, 2007

Estate agent similes are the best.

Speaking to the Sunday Independent, Mr Wyse said: "This penal system of stamp duty is overtly anti-family. It is like a giant condom preventing people from having more children, because they can’t afford to trade up to a bigger house. Stamp duty has created a minor recession on its own."

Take that, Walt Whitman! 

On a more serious note, in Ireland housing registrations fell 66% in October, when compared to the same period last year. Yep, that’s down two-thirds. In the US, foreclosures are really taking off in some areas. To my eyes, Ireland seems to have been mirroring some of the ‘bubbliest’ parts of the US housing market with about a 12 to 18 month time lag.

 

 

In case you missed it, the Amnaoiseach yesterday added ‘smokes and daggers‘ to his growing list of original and always interesting phrases. It joins such gems as ‘I attended the LSE’, ‘I did not have fiscal relations with that money’ and ‘I cannot recall’ in the canon.

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Snakes & Ladders

October 30, 2007

I wonder if An Taoiseach will be putting his pay increase into property? Have the gombeen men finally found the bottomless pit of greater fools?

BBC: The Truth about Property - Episode 1 - Episode 2

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