Dáil debates

Tuesday, 5 March 2013

Ceisteanna - Questions (Resumed)

Official Engagements

5:00 pm

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

Is it not disingenuous to refer to the recapitalisation of the banks as coming out of the National Pensions Reserve Fund, NPRF, when that was part of an overall package in which we were forced to hand over the rainy day funds of the State and its citizens as a condition for getting loans, all of which were to pay back the gambling debts of private financial institutions, our banks, or to protect the banks in Europe? The Taoiseach's reply was not an answer to the substantial question that I asked him on the debt mountain of €200 billion on which we must pay interest, draining the economy's lifeblood and taking from us the funds that we could use to invest in job creation and growth. Why is it that the Taoiseach will not address this issue with EU leaders?

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