Dáil debates

Wednesday, 6 February 2013

Irish Bank Resolution Corporation Bill 2013: Second Stage

 

10:00 pm

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

-----when the deal the Government has already planned, just as this legislation was clearly written some time ago, is rammed through to pin Anglo Irish Bank's gambling debts permanently, securely and legally to the backs of the Irish people in such a way that we cannot repudiate them. People are saying this is about giving the Minister powers, but it is not just about that - it is the action that will pin the debt to our backs because we now owe the money to the European Central Bank as a result of this Bill.

It is no coincidence this is being rammed through when the Government knows tens of thousands of people will take to the streets this weekend demanding the Government lifts the burden.

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