Oireachtas Joint and Select Committees

Wednesday, 16 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Matters Relating to the Economy: Discussion with Governor of Central Bank

4:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

It is exactly the same. I am making a direct analogy between the two and I am stating it is the problem. Professor Honohan is capitulating to a perspective which is that we carry the can for everything in terms of the national debt and we might get a little restructuring if we are really lucky, and in terms of mortgage distress the mortgage holders will carry the can for the whole lot and if they are really lucky they might get a bit of mortgage restructuring.

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