Dáil debates

Wednesday, 10 October 2012

Fiscal Responsibility Bill 2012: Second Stage (Resumed)

 

4:30 pm

Photo of Derek NolanDerek Nolan (Galway West, Labour) | Oireachtas source

I did not interrupt the Deputy once during his nonsense.

The treaty also provides that countries which get in trouble in the future will be able to borrow money. If they run out of money, a fund will be available for them. Sinn Féin wanted the people to veto that fund at a time when the State coffers were in severe crisis. As the date of the referendum approached and those in Sinn Féin started to realise people did not believe them, they said, "Hold on - we will be able to borrow from it. Sure they will have to lend to us." It must be the most economically reckless stance of any democratic party which has had Deputies elected to this House. They were telling people fibs. They asked them to chance it. They said, "Give it a go - you never know."

Comments

No comments

Log in or join to post a public comment.