Dáil debates

Wednesday, 25 January 2012

10:30 am

Photo of Gerry AdamsGerry Adams (Louth, Sinn Fein)

This is one of the Taoiseach's big days, the day on which he gives another €1.25 billion to bondholders, while imposing savage austerity on the rest of the citizens. He might be aware that during the general election campaign this bond traded for as low as 54 cent in the euro, presumably because the ratings agencies believed Fine Gael and the Labour Party would stick to their promise to impose burden sharing on senior bondholders. Of course, they are the insiders who know the inside track. The Taoiseach has proved them right and they will make a huge profit at the expense of citizens.

Dúirt An Tánaiste, an Teachta Eamon Gilmore, gur economic treason a bhí ann na scairshealbhóirí in Anglo Irish Bank a íoc. Cé hiad na scairshealbhóirí? Cén fáth nach dtugann an Rialtas na hainmneacha dúinn? An bhfuil eagla ar an Rialtas roimh saoránaigh agus an daonlathas? Will the Taoiseach name the bondholders? The Oireachtas and the people have the right to know who they are. Whether they are rural communities hit by septic tank charges, individuals hit by hikes in VAT, elderly patients, persons in maternity wards, the 500,000 unemployed or emigrants, every single citizen and the Oireachtas have the right to know the names of the bondholders to whom the Government is giving €1.25 billion of the people's money.

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