'With hindsight we wouldn't have approved the transaction,' I read in relation to the fall of SNS bank. 'With hindsight' is an expression that has been trotted out an awful lot recently, particularly by politicians and bankers trying to cover up their blunders. The saga of the Hedwige polder is a case in point.
A start will be made on flooding the polder in 2016 and by 2019 the Hedwige will be totally submerged. I am reminded of nature conservationist Jac. P. Thijsse, who opposed to the last the proposal by the mayor and city council of Amsterdam to buy up the Naardermeer lake and use it as a rubbish tip. He wrote in a column that he would only stop his efforts to oppose the move 'when the first cartload of junk is dumped in the water.'.