Our twisted standard's!

Mick Wallace T.D.

I see a few days ago Mick Wallace T.D. has had a judgement  of €19 million taken out against him by ACC Bank in the High Court.

If ACC  Bank were to pursue Mr. Wallace for their money they could end up forcing him into bankruptcy and thus he would have to resign his seat as a standing T.D.





Martin McGuinness

The rules of the Oireachtas do not allow for a bankrupt to hold a seat in the Dail or Seanad.

On the other hand we have a Presidential campaign being waged with a certain Martin McGuinness, former IRA leader ( although not since 1974, so he says) vying to become our next President.

Now it seems to me to be a little twisted that we will allow the leader of a gang, the IRA, whom are known to be responsible for at least 1,700 murders, to hold a high office in this state.
Woe betide you if you owe some money to a bank.

Have we not got things arse backwards?

Is it just me?

Hail to the new leader of A.I.B?

On this site I hope to ask the simple questions that never seem to be asked.
Questions like "Why is the weather forecast  rarely right?".
 "Why can't politicians tell the truth?" etc.
I hope to get feedback from members on questions that they feel are never quite answered.

I will start with a question that came to me as I was making my way into college today.
I happened to be listening to The Last Word on TodayFM, when they started discussing the salary that would be needed to be given to the next CEO of A.I.B.
Michael Soden former CEO of Bank of Ireland was stating that we the taxpayers would have to cough up at least €1 million if we wanted to get a top man to run the bank.

His logic was that we would only attract the best by offering large salaries.

My question is:  Where is the proof to justify this comment?

I nearly sure the lads at Lehman Bros were on big bucks and they ran the company into the ground.

The same at Fanny Mae,Freddie Mac, Anglo Irish and Irish Nationwide.

I would contend that paying big salaries does not guarantee quality.

How about this as a suggestion?
 Lets ask if anyone would be willing to work as CEO for a 3 year period with no pay and if they turn the business around they would be given a large bonus.
I somehow think we would get quite a few applicants.
 Lets give it a try.
What have we got to lose?