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	<title>The Mire &#187; Nationalisation of the banks</title>
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		<title>Taoiseach chose Nama because he &#8216;loved the sound&#8217; of the word</title>
		<link>http://www.themire.net/taoiseach-chose-nama-because-he-loved-the-sound-of-the-word/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=taoiseach-chose-nama-because-he-loved-the-sound-of-the-word</link>
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		<pubDate>Fri, 22 Jan 2010 08:56:50 +0000</pubDate>
		<dc:creator>Donal Conaty</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[British Prime Minister Gordon Brown]]></category>
		<category><![CDATA[NAMA]]></category>
		<category><![CDATA[Nationalisation of the banks]]></category>
		<category><![CDATA[President Barack Obama]]></category>
		<category><![CDATA[Taoiseach Brian Cowen]]></category>

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		<description><![CDATA[According to sources in Government buildings Taoiseach Brian Cowen opted for Nama over nationalisation of the banks because he loved the sound of the word. &#8220;The sound of Nama was the deciding factor. An Taoiseach would say it over and over again,&#8221; a source said. &#8220;It&#8217;s true,&#8221; another source confirmed. &#8220;Nationalisation did nothing for him but he couldn&#8217;t get enough of saying Nama. He even said it to President Barack Obama and Prime Minister Gordon Brown to their complete confusion. .. those were happy times.&#8221; Saying Nama repeatedly probably kept Mr Cowen sane, a leading psychologist told The Mire. &#8220;He was under extreme pressure and deeply unpopular,&#8221; he said. &#8220;Childishly repeating the word Nama would have helped him to cope.&#8221; Vote for The Mire as Best Humour and Best Newcomer in the 2010 Irish Blog Awards.]]></description>
			<content:encoded><![CDATA[<p>According to sources in Government buildings Taoiseach Brian Cowen opted for Nama over nationalisation of the banks because he loved the sound of the word.<span id="more-870"></span></p>
<p>&#8220;The sound of Nama was the deciding factor. An Taoiseach would say it over and over again,&#8221; a source said.</p>
<p>&#8220;It&#8217;s true,&#8221; another source confirmed. &#8220;Nationalisation did nothing for him but he couldn&#8217;t get enough of saying Nama. He even said it to President Barack Obama and Prime Minister Gordon Brown to their complete confusion. .. those were happy times.&#8221;</p>
<p>Saying Nama repeatedly probably kept Mr Cowen sane, a leading psychologist told <em>The Mire</em>. &#8220;He was under extreme pressure and deeply unpopular,&#8221; he said. &#8220;Childishly repeating the word Nama would have helped him to cope.&#8221;</p>
<p><strong>Vote for The Mire as Best Humour and Best Newcomer in the <a href="http://awards.ie/blogawards/nominations/" target="_blank">2010 Irish Blog Awards</a>.</strong></p>
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