Dáil debates
Wednesday, 16 September 2009
National Asset Management Agency Bill 2009: Second Stage
4:00 pm
Joan Burton (Dublin West, Labour)
Will the Minister provide us with an analysis of the broad make-up of the 40% of loans which are good loans and the 60% of loans which are distress loans? Unless we get a consolidated list in regard to each broad group of loans and each developer we will not be able to evaluate the Minister's proposals. What the Minister is asking us to do is to trust Fianna Fáil. I do not trust Fianna Fáil and neither do most people on the street. Why does the Minister, on this important day, a day with a price tag of €54 billion, treat us this way and ask us to trust Fianna Fáil? This is not an episode of "The Simpsons"; it is the Dáil. This is not a case of "Trust me I'm Irish", "Trust me I'm a Minister" or "Trust me I'm a TD". This is a day for facts and figures that we can analyse. We need to be able to sit down and make some sense of the proposals the Minister brought before us today.
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