Is the Governor of the Central Bank “representative” or “independent”?

The ‘controversy’ arising over the Governor of the Central Bank of Ireland Patrick Honohan’s endorsement of a Yes vote, is possibly the least important aspect of his speech to the IEA. Padraig Mac Lochlainn believes Honohan should not have publicly said Yes because: “…public servants, which Governor Honahan is, are paid by the taxpayer and therefore representative and accountable to all taxpayers.” The Minister of Finance demurs: “Patrick Honohan is independent as governor of the Central Bank and is quite …

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Household Charge, Promissory Note, Ard Fheis: the day before April Fools’ Day

While everyone is conveniently busy not paying the Household Charge by the 31st March, the clocks are ticking towards the same deadline for payment of a €3.06 billion promissory note for Anglo-Irish Bank. Fortunately, as reported by the Journal.ie, Finance Minister Michael Noonan told the Dáil last week that: The discussions with the European authorities on the general issue continue but we are now negotiating with the EU authorities, and principally with the ECB, on the basis that the €3.06 billion …

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Was Brian Lenihan pushed or did he jump because he had nowhere left to go??

There was a lot of copy written both before and after the BBC documentary, the Bail Out Boys come to Dublin compiled by the Irish Times’ writer, Dan O’Brien. But listening to it there are a few accounts in that programme that seem to conflict with Mr Lenihan’s headline grabbing, not to mention rather simplifying suggestion that the measures were not necessary and the ECB forced him (not to mention the rest of the country) into taking the money. It …

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