Dáil debates

Wednesday, 27 June 2012

10:30 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)

Yet no matter how much the Taoiseach grovels to the troika and to Angela Merkel she snubs her nose at us and insists that we take more pain and now she wants to do the same to Spain and Italy. Yet against this background this week the Taoiseach's Government is in the process of paying over €1 billion to Anglo Irish Bank and Irish Nationwide bondholders. Is not the equation in terms of this transaction very simple and very cruel? Somewhere in the Mediterranean or the Caribbean a multimillionaire speculator will be cracking open a bottle champagne to celebrate his profits bonanza and the stupidity of the Irish Government-----

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