John Halligan (Waterford, Independent) | Oireachtas source

All that will happen is that we have stretched it out further onto our children and our children's children. Again, when the Tánaiste was in opposition and all of this broke some years ago, I listened to him - painfully - declaring on television and radio programmes that we would not pay this debt because it was unjust, unfair and unjustifiable. It was not our debt and we were going to burn the bondholders. The expression "burn the bondholders" came from Government Members and not from anyone on this side of the House.

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