irisheconomy.ie most informative site on economy

irisheconomy.ie is the most informative blog on the Irish Economy. It takes on all the issues and Ken Whelan is brilliant on NAMA. NAMA answers some of the criticisms by obfuscation in the area of Current Market Value and Long Term Economic Value. Unless the rationale is published for each individual NAMA decision, it is impossible to make an objective reasoned judgement on the NAMA performance. I recommend public representatives to read that site regularly because there is a responsibility to inform yourself about the big issues affecting all our lives. Remember always look at the figures and not the government interpretation of the figures. Discount aggregates in individual financial institutions are only a vague guide to the individual components. Remember the findings of Judge Peter Kelly in the Commercial Courts. Not many developers or politicians would have second guessed the brutal reality being exposed down at the Four Courts.