Madam, – When one-quarter of Iceland’s electorate opposes the payment of €3.8 billion to the UK and Dutch governments arising from its banking crisis, its president refuses to sign the relevant Bill into law and the matter goes to the people in a referendum.
Meanwhile, our Government rams Nama down the electorate’s throat and bails out banks and developers at a cost of at least €20 billion, notwithstanding widespread opposition.
Whereas the Icelandic government resigns, the Irish Government clings to power, despite having presided over the entire crisis.
While Iceland hires a high-powered, international investigator to inquire into possible criminal actions by bankers, our Government dithers about even holding an inquiry.
Clearly the Celtic Tiger has turned the Irish electorate into a herd of pussycats. – Yours, etc,