Billy Kelleher (Cork North Central, Fianna Fail)

Nobody on that side of the House raised the issue. The Deputy can look at the record and will see that everything advocated on that side of the House was pro-cyclical and inflationary, and would have done further damage and added fuel to the fire. The two reports are timely and welcome. We should get on with the further investigations and inquiry into what went wrong. More importantly now is the time to be honest and deal with the challenging issues of that are a consequence of the difficulties nationally and internationally in the context of the world recession and our internal difficulties.

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