Noel Treacy (Galway East, Fianna Fail)

I am shocked by the negativity of the Opposition and the way in which it has decried our efforts to leave this crisis behind and rebuild our credit system. Its approach lacks patriotism. The main Opposition party claims that it can set up a new bank with a capital base of €2 billion within six weeks. How will that deal with liabilities of €100 billion? Fine Gael believes that it can use €2 billion to borrow €77 billion or €80 billion. This is illogical, impractical, unfair and disgusting.

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