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Wed 08 Aug 2009Banking on the Greens to get Nama's house in order

THE HARDEST part of figuring out the right answer is deciding what’s the right question. A few months ago, we were being asked to choose between the National Asset Management Agency or nationalisation. I opted for Nama, but it turns out I was answering the wrong question. Or maybe it was the right question then, but the wrong question today. The point is, we’ve got to stop distracting ourselves with sideshows, writes SARAH CAREY

So stop asking yourself why we’re bailing out developers (we’re not); how much this will cost us (a lot) or why the little people have to pay (because that’s what little people are for). You should also spare yourself the bother of reading the litany of “Not I” articles spawned by the McCarthy report, for Colm’s €5 billion is a fraction of what the banking problem is going to cost us.

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