Michael Healy-Rae (Kerry South, Independent) | Oireachtas source

I thank the Technical Group for allowing me to use some of its time. What is happening tonight is an absolute shambles. I compliment the Technical Group on the motion, which I support, but what is happening outside the Chamber tonight borders on the ridiculous. We have been told the Irish Bank Resolution Corporation, IBRC, or the former Anglo Irish Bank, will be broken up immediately. We were told by this and previous Governments that it would take years to bring about an orderly dismantling of the bank but we are now being told that, miraculously, it can happen tonight if the Minister comes here to make an announcement. It is a sudden magic wand.

Following from the correct comments of the previous speaker, there will not be enough grandchildren or great-grandchildren to pay this debt; there will not be enough children born in future to repay this money.

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