Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Ms Geraldine Kennedy:

I listened to Dr. Mercille with great interest yesterday. Without doubt he was the finest conspiracy theorist I have heard in a long time. I was disappointed that his material was not evidence based. He gave one fact in his submission which was that there 40,000 articles written in The Irish Timesabout economic policy and the property boom and only 78 about affordable housing. That is absolutely wrong. It is very easy to press a button and get "property bubble" without taking into account all the other formulations of expressing that same phenomenon. Between the years 2008 and 2013 the country was banjaxed, it was bankrupt. Unless we want it to be Greece, one had to try to bring the country out of the mire. I noted yesterday that he seemed to support Argentina and in something else I read about him he supported-----

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