Séamus Healy (Tipperary South, Workers and Unemployed Action Group)

I record my opposition to the Bill which is part and parcel of a policy, at European and national level, under which ordinary people, known as the coping classes, are being made pay in a recession that they had no hand, act or part in causing. Effectively, the private debts of bankers and bondholders are being placed on the backs of ordinary people, while very wealthy individuals are paying little or no tax; they certainly are not paying their fair share. There is little or no accountability or transparency in the European Stability Mechanism. It is wrong that there should be no legal, political or public accountability. On that basis, I am opposed to the Bill.

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