Thursday, October 29, 2009

NEWSFLASH: credit_may_flow

While I normally steer clear of straightforward politics here, I think this is especially worthy of note:
From Irish Times Friday 30th October:
QUOTE BEGINS
MINISTER FOR Finance Brian Lenihan is to amend the legislation covering the National Asset Management Agency (Nama) to give him powers to direct the banks to provide a flow of credit.
QUOTE ENDS

This is, basically, what the entire country has been shouting about for the last eon. Finally. Why wasn't it like this in the first place?

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