The politics of leaving the Euro not as simple as Govt’s critics make out…

Nice piece from Brian Feeney in the Irish News yesterday… It’s worth quoting at some length, not least for those who imagine that default is likely to be a pain free option… Not least because of the political cost… Here’s the position. Over the next three months or so, the nuts and bolts of the Merkel/Sarkozy pact to stablise the Euro will be screwed together and what in effect will be a new treaty will emerge. The Republic will have … Read more

Bank heist led to dismantling of IRA…

Sinn Fein once had an impeccable reputation for strategic nous and know how. That was as true amongst the loyalists of the lower Shankill as amongst their near neighbours on the lower Falls. But according to Brian Feeney, it was the strategic blunder of robbing the Northern Bank of more than £26 million that finally robbed the IRA of its paramilitary force. His argument is worth quoting at length and in detail: For about 15 years before the Northern Bank … Read more