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	<title>Narrating the Aberration. &#187; operating cost</title>
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	<description>The answer to &#039;too much debt&#039; cannot be &#039;more debt&#039;.</description>
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		<title>Lies</title>
		<link>http://doohan.org/blog/2009/09/21/lies/</link>
		<comments>http://doohan.org/blog/2009/09/21/lies/#comments</comments>
		<pubDate>Mon, 21 Sep 2009 18:00:38 +0000</pubDate>
		<dc:creator>Arthur</dc:creator>
				<category><![CDATA[Economics/Finance]]></category>
		<category><![CDATA[developers]]></category>
		<category><![CDATA[ECB]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[NAMA]]></category>
		<category><![CDATA[operating cost]]></category>

		<guid isPermaLink="false">http://doohan.org/blog/?p=357</guid>
		<description><![CDATA[There are three lies being told by the pro-NAMA camp and repeated by journalists who can’t be bothered to check some facts. Firstly, it is said that ‘NAMA is not a bailout for developers’. If, by some miracle, NAMA comes good after 10 or 15 years, who will be the owners of these now profitable [...]]]></description>
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