Éamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

I can understand the frustration of my colleague, Deputy McGuinness, because it is clear the Government has never set up or run businesses. Many of the solutions put forward as solutions to the business sector strike me as being way too timid and do not face up to the real issue. If we are serious about creating employment, we want money, and I am not talking about microfinance. One will not set up serious businesses with microfinance. Setting up businesses is an expensive business, and I know that from practical experience.

I do not understand the antipathy towards having a State bank. It is not only among this Government but it has been there within this great system which seems to run this country and which Governments fall for. I would go as far as to say that one of the great mistakes of the past 20 years was to get rid of the ACC and the ICC.

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