Gerry Adams (Louth, Sinn Fein) | Oireachtas source

-----the "golden circle", brought this State to its knees. Instead of closing the bank down, Fianna Fáil bailed it out and poured billions of euro in taxpayers' money into it. Labour came along with Fine Gael and did exactly the same. Instead of liquidating the Irish Bank Resolution Corporation the Government wants to compound this mistake by turning bad banking debt into sovereign Government bonds, in effect, a Government promissory note. It wants to wind the bank down, but it does not want to wind down its debt. The Government wants the citizens to fall for this and for the Bill to be passed in two hours.

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