As the Banking Inquiry descends into the predictable political pantomime farce (“Oh yes you did…”) one need look no further than Ross O’Carroll Kelly’s column in Saturday’s Irish Times to get a real insight into the culture of the time.
After all, his estate agency Hook, Lyon and Sinker is the one that came up with the promotional tag line for a commuter development: “Arklow – A Piece of Heaven Off the N11”.
And when his mother remonstrates: “Exploiting the misfortune of other people for your own monetary gain is not a career, Ross,” he observes: “You’d have to wonder what kind of future this country has if that idea ever catches on.”
The Sunday Independent reported yesterday that Morgan Kelly, Professor of Economics at UCD, who predicted the property collapse, has turned down an invitation to appear before the Banking Inquiry.
The newspaper adds that Kelly has not been following the inquiry closely and as far as he was concerned "it's old news."
He’s absolutely right. Forget the inquiry. All you have to do is to read Ross O’Carroll Kelly to get a real insight into what went wrong.
Credits: Paul Howard
Illustration: Alan Clarke
After all, his estate agency Hook, Lyon and Sinker is the one that came up with the promotional tag line for a commuter development: “Arklow – A Piece of Heaven Off the N11”.
And when his mother remonstrates: “Exploiting the misfortune of other people for your own monetary gain is not a career, Ross,” he observes: “You’d have to wonder what kind of future this country has if that idea ever catches on.”
The Sunday Independent reported yesterday that Morgan Kelly, Professor of Economics at UCD, who predicted the property collapse, has turned down an invitation to appear before the Banking Inquiry.
The newspaper adds that Kelly has not been following the inquiry closely and as far as he was concerned "it's old news."
He’s absolutely right. Forget the inquiry. All you have to do is to read Ross O’Carroll Kelly to get a real insight into what went wrong.
Credits: Paul Howard
Illustration: Alan Clarke
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