Dáil debates

Thursday, 7 February 2013

Promissory Notes: Statements

 

3:25 pm

Photo of Mattie McGrathMattie McGrath (Tipperary South, Independent) | Oireachtas source

It is a sad day for Ireland because we have again burdened our people, and future generations, for God knows how long, with a debt they, their parents or grandparents did not incur. The fat cats, and the regulators both in the EU and here, allowed it to happen - they allowed the money to be shovelled in here when they knew the economy was overheating.

They have walked away, scot free, in spite of the mandate that was given to the Government to deal with this. That is what the Government parties sold themselves on. I am so disappointed.

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