South Monaghan Sinn Féin Councillor, Matt Carthy, this week described as “pathetic” the Green Party’s attempts to make NAMA acceptable. He said the junior government party is engaged in a window dressing exercise to save face and that if they went before the people in an election they would be decimated because of their support for the FF plan to bail out greedy speculators and corrupt bankers.
Cllr. Carthy said:
“NAMA will not work. It will not fix our banking crisis. It is fundamentally flawed because it will not clean out the banking management and it will not make banks lend again. It is a shameful attempt to legalise the corruption of the government, developers and the banks over the last decade.
“The Green Party’s attempts to make NAMA acceptable are pathetic. The party is window dressing in an attempt to save face. They will not bring this government down even though they know it’s the right thing to do, because they are worried about their own political careers. They know if they went before the electorate right now they would be decimated because of their support for the FF plan to bail out greedy speculators and corrupt bankers.
“I am extremely pleased with Caoimhghín Ó Caoláin’s assertion that Sinn Féin will not support NAMA, no matter how many amendments are made to it. In my view only nationalisation will get our banking system up and running again. Those who took a gamble on banks have to take the blow now, not the taxpayer.”
Cllr. Carthy said:
“NAMA will not work. It will not fix our banking crisis. It is fundamentally flawed because it will not clean out the banking management and it will not make banks lend again. It is a shameful attempt to legalise the corruption of the government, developers and the banks over the last decade.
“The Green Party’s attempts to make NAMA acceptable are pathetic. The party is window dressing in an attempt to save face. They will not bring this government down even though they know it’s the right thing to do, because they are worried about their own political careers. They know if they went before the electorate right now they would be decimated because of their support for the FF plan to bail out greedy speculators and corrupt bankers.
“I am extremely pleased with Caoimhghín Ó Caoláin’s assertion that Sinn Féin will not support NAMA, no matter how many amendments are made to it. In my view only nationalisation will get our banking system up and running again. Those who took a gamble on banks have to take the blow now, not the taxpayer.”
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