Dáil debates
Wednesday, 13 May 2009
Banking System: Motion (Resumed)
8:00 pm
Billy Kelleher (Cork North Central, Fianna Fail)
We now get the soundbyte politics of "an bord bailout" bailing out the banks. If we do not have banking systems that are capable of working, going to the wholesale markets and borrowing and lending money, our economy will stagnate further and will suffer and we will have further haemorrhaging of jobs. That is what we are about in this House. The nationalisation of the banks is the last resort and if we can do anything to avoid that, we should.
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