Dáil debates
Thursday, 20 October 2011
Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed)
3:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
It will not cost the public or the taxpayer any more to write down the negative equity. The banks will face the cost but that is why the money was given to them. Unless we take that course of action we will cripple our economy when it suffers the real cost of hundreds of thousands of families saddled with debts they cannot pay.
No comments