Dáil debates

Wednesday, 16 September 2009

National Asset Management Agency Bill 2009: Second Stage

 

4:00 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)

The way in which alternatives have been treated by other Ministers and by the Government undermines confidence in this debate. It has not been focused on defending what has been put forward in the NAMA legislation, the overpaying that is proposed. Why is it proposed to pay this long-term economic value? All the debate has been about the Government trying to discredit alternatives. Ministers need to have the confidence to put the analysis on the table. There is an analysis and the Government is defending what it is doing; it is not analysing the impact and pros and cons of it. We deserve to have such an analytical approach.

One does not need to have a long memory in this House to remember a time when critics were brushed aside and told they should go and commit suicide-----

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