The Fine Gael Labour Government left office in 1997 - long before any property bubble or unsustainable fiscal expansion.  I really don' understand why you appear to be trying to spread blame equally all round.  While there may be few in positions of power who are entirely blameless, the primary responsibility in Ireland has to lie with the FF led Governments since 1997, their developer/banker friends, the Central bank and the financial regulator.

In any case the primary losers now are the poor, old, sick and unemployed, few, if any of whom bear any responsibility for the crisis.

Index of Frank's Diaries