Labour leader Eamon Gilmore has said the one good thing that Brian Cowen could do for the country is to call a General Election.
Mr Gilmore said what Mr Cowen needed to do was not apologise, but go up to Áras an Uachtarain, call a General Election, and let the country start afresh.
He was speaking at the conclusion of his parliamentary party think-in in Roscommon.
Today was devoted to discussion on job creation and general election preparations.
Mr Gilmore announced that Ruairi Quinn is to be Labour's Director of Elections.
He said Labour would run at least 65 candidates, all of them aiming to win, and predicted that his party could be the largest in the next Dáil.
Speaking afterwards, Mr Gilmore said that there was a momentum building for an election and he believed the events of recent days made an early election more likely.
The Labour leader rejected criticism from Minister Batt O'Keeffe that Labour did not have properly worked out policies.
He said Minister O'Keeffe was presiding over the worst unemployment in the history of the State, yet he was spending his time surfing the web so he could go 'cat-calling' at the Labour Party.
He said their respective policies should be put to the test by holding an election and letting the people decide.
This morning, Mr Gilmore said getting people back to work would be his party's priority in Government.
He said Ireland could not default on its debts, but that Anglo Irish Bank should be wound down after negotiating with bond holders to minimise the cost to taxpayers.
Fine Gael ready for election
Elsewhere, Fine Gael has announced it is speeding up the process of selecting General Election candidates, in anticipation of an election being called before Christmas.
The party's Director of Elections, Phil Hogan, said the Government is 'on its last legs' and 'limping from crisis to crisis'.
Deputy Hogan said his party would be ready should the Government collapse in the next ten weeks.