Feb 11th 2009 – Serengeti Economics

One of the biggest problems Governments are currently facing is how to resuscitate the banking system. Without a banking system the economy can’t function, but the current banking system is busted – no matter what the bosses of AIB and BOI might say on the News – and all the attempts to try and fix it so far have, not surprisingly, failed.

Feb 6th 2009 – The JCB Approach

I’ve noticed a very curious trend in the Newspapers this week. Instead of just parroting the talking points used by the leaders and front bench spokesmen of the opposition parties, the journalists are now calling on the opposition to put up or shut up – they are now being asked to tell us what they would do differently.

Feb 5th 2009 – Standardisation of Speed Limits

One of the core themes of the Road Safety Authority is that “speed is the single largest contributing factor in determining whether a crash is fatal or not”.

There is no disagreeing with that, but what has it to do with their fascination with Speed Cameras?

Feb 4th 2009 – A Virus in a Creche

David McWilliams had an interesting article in the Independent today.
Uncertainty is spreading like a virus in a creche
“Economic insecurity and uncertainty works like a virus in a creche — once one child gets it, everyone does.
This is what is happening in Ireland and it threatens to overwhelm the Irish banks who will see a wave [...]