Lenihan's (potato blight) guidelines

Minister for Finance, Brian Lenihan, is amending Nama legislation to give himself power to issue guidelines to banks relating to the flow of credit to viable businesses.

The key word here is ‘guidelines’, there will be no legislation enacted that will force the banks to play their part in national recovery.

Lenihan’s guidelines mean absolutely nothing; he may as well be issuing guidelines to prevent potato blight on the moon.