Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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The credit union movement put a very convincing argument. I do see myself as a delegate of movements outside of this Parliament that I admire and see as offering a useful model for how we can do things better. The point I make is precisely the opposite to what the Minister suggested.

The credit union movement is frustrated that the regulations are such that the deposits it has cannot be used to benefit the community, employment and society as a whole and must be deposited in for-profit banks both here and abroad. The representatives of the movement said this. The movement would like to be able to enter into an arrangement with the Government so that the funds could be used to benefit the community and economy and enhance employment prospects. That is the point.