tag:blogger.com,1999:blog-8817171247555815363.post2900298119996055508..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: Economics 06/02/2010: Nama stalling at the EU doorstepsTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8817171247555815363.post-56112394943983766642010-02-06T19:17:13.850+00:002010-02-06T19:17:13.850+00:00"This activist approach to managing Nama news..."This activist approach to managing Nama news is not new, however. Following the quiet publication of the last piece of legislative jigsaw, Nama (Designation of Eligible Bank Assets) Regulations 2009, on the day before Christmas Eve, our Government has gone into an overdrive, trying to spin Nama as a panacea for all economic ills of the country."<br /><br />The government did an "A1" job in their spin on NAMA, they persuaded the shareholders into voting for NAMA so that the banks would avoid nationalisation. Blindfold nationalisation is inevitable.<br /><br />Memorable brainwashing qoutes,<br /><br />"we've turned the corner"<br />"we are where we are"<br />"NAMA is the only game in town"<br />"there is no easy way out"<br />"We need NAMA to get credit flowing into the economy"<br />"Ireland is getting "NAMA Money" from the EU" Willie O `Dea"<br />"There will be no more 100% nationalisations"<br />"The McCarthy report makes no sense" -- Mary Coughlanpatrick1978https://www.blogger.com/profile/09173078693875805958noreply@blogger.com