Loan Modification

It may be "politics as usual" to never talk about how bad the economy really is - never talk about the budget deficit in honest terms - and never talk about how revenues are and have been cratering across the board for governments.

But when you are facing a truly horrific situation in this regard, and you need everyone on board to make sacrifices - especially government positions where employees feel especially entitled - "politics as usual" is particularly dangerous.

This weekend Ireland's largest public sector union has called the situation "explosive"