You may recall Friday’s editorial in the Irish Times concerning the ECB deal.
Here’s a refresher:
What does the Irish Times think? The newspaper that asks “Why?” published an editorial entitled “Frankfurt’s Way”.
It said the capitulation gains “more fiscal room for manoeuvre”. It gives Enda and Eamon “a political dividend”. And the task of paying other people’s debts is now “if not painless, at least significantly more sustainable. And the dreaded debt default has been avoided”.
…When the Irish Times writes of the “dreaded default” it insults those of us – and there are many, with diverse views on politics and economics – who believe that refusing to accept someone else’s debts is not to be dreaded. Politically, economically, legally, morally, it’s the right thing to do – default right back at them.
…”The pain will continue,” says the Irish Times editorial, and we must ensure that “Ireland sticks to its austerity programme.”
What is this austere “Ireland” of which they speak? We are not all in this together. The editor who stands over these words is paid €220,000 a year. How can he suffer pain from the austerity policies he champions?
All around us, lives are being crushed, real everyday pain is being inflicted and this is promoted by well-heeled politicians, media and academic types – none of whom personally suffers more than a slight inhibition on their elective spending.
More here: Snatching Defeat From The Jaws of Defeat (Gene Kerrigan, Sunday Independent)
‘Frankfurt’s Way’ (Editorial, Irish Times, Friday, February 8)
(Pic:’Irish Times/Cawley Nea\TBWA)
