Mr. Séamas Ó Muilleaneoir:

Can I throw my twopence-ha'penny worth into this debate? The last thing we want is Central Bank power. We have seen how it has operated in the past ten years, never mind before that. I would object utterly to more power. I had a disc for everybody in the audience but I left it in the car. Mr. Richard Werner made a presentation here last April. It is absolutely essential viewing for everybody over 15 years of age. Mr. Werner explained the role of central banks. I plead with members who have not watched the presentation to take an hour and 20 minutes to do so and then watch it again. I have watched it several times. Mr. Seamus Maye, my ally here, if given a few minutes, will give the committee a few ideas as to where the competition issues arise. It is crystal clear that the Central Bank has no interest in anything other than squeezing the little people. It has no interest whatsoever in regulating the banking industry.