Monday, October 13, 2008

Irish Banking Crisis

(letter published in the Irish Times on 7 October 2008)

It is good to see that the chairman of Anglo-Irish Bank, Seán Fitzpatrick, still sees fit to offer the Minister for Finance advice on what to put in next week's budget. I'm glad he doesn't feel that the near collapse of his bank and the requirement for the taxpayer to bail him out should prevent him from suggesting that the best things for the country would be a cut in corporation tax, a reduction in children's allowances, a reduction in the state pension and restrictions on the medical card scheme.

Perhaps Mr Lenihan might also consider another suggestion for the budget - a tax on arrogant bankers.

Yours, etc,
DIARMAID MAC AONGHUSA, Shankill, Co Dublin.

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