MaltaToday

.
Letters | Sunday, 18 January 2009

‘Genius of Mintoff’? Hardly

So Raymond Sammut believes government intervention in today’s financial crisis proves that Mintoff was right in the case of the National Bank, does he? (‘The genius of Mintoff and the National Bank saga’, 11 January).
Government intervention in the current crisis is aimed at shoring up the banks. Mintoff’s intervention in the case of the National Bank was intended to bring it down. Among other things, he prevented the central bank – a supposedly autonomous institution – from fulfilling its role as lender of last resort. It doesn’t take much genius to see that Mintoff’s action was, in fact, the opposite of what is happening today.
One wonders at the presumption of the Raymond Sammuts of this world. Despite seeing a parallel were none exists, he takes it on himself to offer advice to the bank’s shareholders. For the sake of schoolchildren everywhere, I hope that this man is not a teacher.

 


Any comments?
If you wish your comments to be published in our Letters pages please click button below.
Please write a contact number and a postal address where you may be contacted.

Search:



MALTATODAY
BUSINESSTODAY


Reporter
All the interviews from Reporter on MaltaToday's YouTube channel.


EDITORIAL


Straight out of Machiavelli


INTERVIEW


OPINIONS



Michael Falzon :
Sixth seat issue nonsense


Raphael Vassallo:
Coccolino the coke dealer


Vince Farrugia
A wake-up call


Harry Vassallo
Silent guilt


Evarist Bartolo
A university for the 21st century

 


Planning Watch:

Robert Musumeci focuses on a MEPA decision taken this week, where it is demonstrated that retractable canopies (affixed to the façade) are not only allowed in Town Centres, Entertainment Priority Areas or Tourism Zones….

Robert Musumeci states that MEPA’s policies regulating storage to commercial outlets should be changed following a decision taken this week

Switching from outline application to full mode… during a dcc hearing

Reservoir turned dwelling, and now stables

A permit following court order

Dwellings in basements

High rise in Valletta



Eric German:
Reverse racism

The torturer’s apprentice

Vegetarian vampires
Carrey’s comeback movie

Far from magical
The package is a girl

Relationships without marriage
Everything but the girl

The saga of a police family
Battling the “unlife”

The repeaters’ cartoon



A tribute to Ebba von Fersen Balzan




Copyright © MediaToday Co. Ltd, Vjal ir-Rihan, San Gwann SGN 9016, Malta, Europe
Managing editor Saviour Balzan | Tel. ++356 21382741 | Fax: ++356 21385075 | Email