Saturday, 7 October 2006

Why Irish taxpayers aren't smiling

We're constantly hearing from our own nationalists how much better things are in the Irish Republic. You know, politicians will be oh, so much smarter, under independence.

But consider this. Over in Ireland Ryanair have made a bid for Aer Lingus and have offered €2.80 per share. The problem is that Aer Lingus was privatised by the Irish Government at €2.20 per share only last week. Embarrassment all round and the taxpayers aren't amused. Perhaps politicians - in Ireland, Scotland, or anywhere else - shouldn't be let near businesses in the first place.

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