Analysis
The election result was read as harsh on the euro which Bloomberg read as its intention was to "provide economic harmony... ensure political stability." Of which it said neither has happened. It also suggested that:
What happens in Ireland doesn't matter much to anyone but the Irish...But the Irish results are a sneak preview of greater turmoil ahead. Chancellor Angela Merkel's approval ratings are at risk as her party strikes electoral trouble in Germany. President Nicolas Sarkozy's re-election in France is surely in doubt. And Prime Minister Silvio Berlusconi seems finished as a force in Italian politics, not just because of his interest in young women.
The Irish Times columnist Diarmaid Ferriter likened Fianna Fáil's electoral meltdown to the 1918 election, which saw the Irish Parliamentary Party nearly wiped off the map by Sinn Féin. According to Ferriter, in both cases the electorate saw "a tired old movement, arrogant from long-time electoral dominance." He even suggested Fianna Fáil might have been swept out of the chamber entirely in a first-past-the-post system, and that the party now faces a battle to stay relevant on the Irish political scene.
Read more about this topic: Irish General Election, 2011
Famous quotes containing the word analysis:
“The spider-mind acquires a faculty of memory, and, with it, a singular skill of analysis and synthesis, taking apart and putting together in different relations the meshes of its trap. Man had in the beginning no power of analysis or synthesis approaching that of the spider, or even of the honey-bee; but he had acute sensibility to the higher forces.”
—Henry Brooks Adams (1838–1918)
“... the big courageous acts of life are those one never hears of and only suspects from having been through like experience. It takes real courage to do battle in the unspectacular task. We always listen for the applause of our co-workers. He is courageous who plods on, unlettered and unknown.... In the last analysis it is this courage, developing between man and his limitations, that brings success.”
—Alice Foote MacDougall (1867–1945)
“Analysis as an instrument of enlightenment and civilization is good, in so far as it shatters absurd convictions, acts as a solvent upon natural prejudices, and undermines authority; good, in other words, in that it sets free, refines, humanizes, makes slaves ripe for freedom. But it is bad, very bad, in so far as it stands in the way of action, cannot shape the vital forces, maims life at its roots. Analysis can be a very unappetizing affair, as much so as death.”
—Thomas Mann (1875–1955)