P J Sheehan (Cork South West, Fine Gael)

The same is happening now down along the line. There is a crisis and we are to bail out the banking institutions, but what about the people who are sunk up to their necks in debt by borrowing from the banks? Such people were getting up to 110% loans from banks. The banks have been the architects of their own misfortune, but we should not be bailing them out unless they give a guarantee that they will bail out the common people of Ireland who are up to their necks in debt and guarantee not to acquire the homes of these people or put them out on the roadside.

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