Dáil debates

Wednesday, 4 November 2009

National Asset Management Agency Bill 2009: Report Stage (Resumed).

 

3:00 am

Photo of Ned O'KeeffeNed O'Keeffe (Cork East, Fianna Fail)

We need to get money flowing and get the economy right. We need to stop the nonsense that has been going on for too long. The Minister should take charge and push this Bill ahead. He should not listen to Opposition Deputies, who will be frustrated when NAMA turns out to be a success that is envied. I have no doubt in my mind about that. All they can do is burst and give out about Bank of Ireland and Allied Irish Banks. What about the foreign banks that came here to create competition, but instead put us in the position we are now in? None of those banks is giving out money to small businesses and small people. Those who are blaming the two Irish banks, which are part of our heritage and our great success in life and have branches throughout the country, are forgetting about banks like National Irish Bank, which is owned by Danske Bank, and ACCBank, which is part of Rabobank.

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