Mr. Charlie McCreevy:

Well, I certainly accept your contention, Deputy, and the facts speak for themselves, is that there has been a terrible devastation on ordinary people the length and breadth of Ireland, and the length and breadth of many other countries as well. It certainly has, and I agree with you on this, brought the whole way of how the capitalist system works, in particular, how the financial institutions work or didn't work, how regulation works or didn't work, but, having said all that, I'm not a believer ... is that the alternative of ... solutions that you've advocated since we were both students a long, long time ago, I don't think that is a solution either. I certainly would agree with you that the capitalist system, and what happened to the free market certainly caused a lot of devastation, but I am not giving up on it yet.