US banking expert Professor Bill Black recently gave evidence at the Oireachtas Banking Inquiry where he pulled no punches.
He effectively stated, correctly, that at the time, Ireland was a country without a financial regulator, governed by a bunch of morons.
Later he appeared on the Tonight with Vincent Browne show where we witnessed a perfect example of the mindset that makes it possible for our country to be governed minus a financial regulator and led by a bunch of morons.
Professor Black was telling us (correctly) that the bankers were lying about the state of their finances in the run-up to the crisis.
Vincent Browne took great exception to this smear on the reputation of bankers.
Wait a minute now, this is quite serious, the insinuation on the bankers who went to see the Government that night is very serious, and I know some of them, and I don’t believe they said something they knew was untrue.
Yes, you heard right; Vincent Browne is saying he believes the bankers told the truth to Brian Cowen and Brian Lenihan on the night that our economic sovereignty was handed over to the Troika.
Even the most ignorant, the most disinterested, the most ill informed Irish citizen knows that the bankers lied through their teeth that night.
So why is it that a journalist who has spent decades investigating and analysing scandal after scandal in the Irish financial sector can mouth such an idiotic comment?
The answer can be found in these six words spoken by Browne:
And I know some of them.
This comment confirms a disturbing trend in Irish journalism. A trend that sees some journalists loses their objectivity after coming ‘to know’ those they are investigating.
And this is not the first time Vincent Browne has lost his professional objectivity as a result of ‘getting to know’ financial/political criminals.
For many years he was a strong critic of the criminal politician Haughey but in Haughey’s latter years Browne enjoyed some great nights out in Abbeyville drinking wine and discussing the old days with the gangster.
Before long he was a great admirer and defender of the traitor/criminal.