29th November 2013
I feel bad. Yesterday was Thanksgiving in the US and I completely failed to mention it in my blog. I do have many American friends and also work for a US multinational (in their Irish division) and realised very quickly that yesterday was special as I failed to receive even one e-mail from the head office looking for information, reports or simply informing me f something that was completely irrelevant. So a day late but with the utmost sincerity, I would like to give thanks to being able to work undisturbed for an entire day. Thank you.
Should we in Ireland attempt to emulate our American cousins and dedicate a day when we give thanks for all that we have? Our maybe, in the light of the historical basis of Thanksgiving should we look to our history and choose a time when everything seemed doomed but just in the nick of time we were saved.
Five years ago things were looking bad for us all, our Taoiseach was AWOL, and our finance minister was clearly not up to the job because of his health issues (more on BL Jr’s arrogance later). The banks were collapsing around us and the values of our homes were going down faster than the champagne at the FF Galway tent. But then from nowhere our saviours arrived, in a manner reminiscent of the Native Americans turning up with food for the pilgrims we were blessed with the arrival of what we now know to be the Troika – those wonderful humanitarian philanthropists from the IMF, ECB and European Commission – three years ago just in time for Thanksgiving 2010.
And we surely have much to be thankful for. Five years ago the economy was booming, jobs were there for all and sundry and many of us were paper millionaires based the value of our homes. Then came that infamous night in September 2008 when a clearly uninformed and incompetent Brian Lenihan (with support from Brian Cowen) decided to instigate the “cheapest bailout in history”.
My eldest boy (almost 18) came in to me recently and said “Dad, I’m a bit short on cash at the moment, can you lend me some just until I sort out a job and get paid?”, I immediately said, “Here son, take my credit card you can use it for as long as you like because I know that you are a responsible adult and can afford whatever it is you are buying”. Actually I didn’t say or do that at all because I – unlike the two Brian’s – am not a complete and utter idiot.
Seriously what were they thinking? Two years later the country is bankrupt, unemployment is through the roof and would be worse if emigration wasn’t higher than Luke Flanagan and we gave away what little sovereignty we had left to the mysterious Troika. And you have to love the way that they are continually described in our media as “the Troika” as if stating that they are in fact a group of international bankers isn’t scary enough.
But back to my point, these saviours swooped in three years ago (in time for thanksgiving) and saved us from ourselves. At a time when no politician was willing to make the tough decisions like cutting old age pensions, the Troika were. When no one was brave enough to reduce benefits to the disabled, the Troika stood tall and said (just like Captain Picard) “make it happen”. When our cowardly politicians were unable to bring themselves to vote in favour of closing down hospitals and enlarging the waiting lists, the Troika forced them to do the right thing.
In case you think that the Troika were all powerful, fear not as they did distance themselves from the really tough decisions like reducing politicians pay, enforcing pay controls for public servants and restructuring our antiquated and inefficient public sector. Maybe next time….
So as we give thanks to our saviours, we can look forward to 2014 when the Irish government can no longer blame the Troika for the bad decisions that will no doubt emanate from Dail Eireann.