Pat Rabbitte (Dublin South West, Labour) | Oireachtas source

I do not have any objection to meeting the IBI but I do not want to mislead it. I stated what my advice is. I repeat that these are commercial ventures. I recall a colleague in his House who is no longer with us described it at the time as a licence to print money. There was fierce competition to get those licences. They were commercial ventures. I do not know what the difference in principle is in us intervening where a private sector enterprise unfortunately fails in the present difficult environment. What would be the difference in principle?

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