Dáil debates

Tuesday, 18 September 2012

Ceisteanna - Questions (Resumed)

Discussions with European Leaders

5:15 pm

Photo of Peter MathewsPeter Mathews (Dublin South, Fine Gael) | Oireachtas source

My question will follow a few observations that are extremely important. I sense the tension from our leader on the Government side and from the Opposition side. I sense a tension that is playing itself out in the other parliaments of Europe and I sense that over the past number of years Europe has been ruled by powerful vested interests and - I will use a word we all understand - bullies, but no one of stature and courage has stood up to challenge this undemocratic power.

I will pass around to Members a link to a website in which MIT Professor Johnston revealed that one of the world's largest banks, Deutsche Bank, with a €2.2 trillion balance sheet, is far shakier than realised to date. What these people who run these banks around the world, and who are paid multiple times what the leaders of countries and parliaments are paid, are doing to control and manipulate the flows of finance and capital around the markets of the world, which is frightening the leaders of democratically elected governments, is wrong and we have to stand up to it.

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