Eamonn Maloney (Dublin South West, Labour) | Oireachtas source

I almost burst out laughing yesterday morning when I heard that the banks had written to the people concerned and asked them to consider taking a reduction in their pensions. That is akin to being in the ocean and smiling at a shark when one knows he is going to eat you. Writing to these people and asking them kindly to take a reduced pension is a farce. They are not going to do it. There is only one way to address this. We cannot afford to pay them and should not pay them.

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