Dáil debates

Thursday, 10 July 2014

Strategic Banking Corporation of Ireland Bill 2014: Committee Stage (Resumed) and Remaining Stages

 

4:30 pm

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

It is absolutely shocking that the Government is doing this. It is cynicism beyond belief. It is bad enough that we would not have got through all the amendments but the fact we have not even got to the issue of the guarantee is shocking. This is €4 billion that we could guarantee after what guarantees did to this country, and the Minister has the right to give these guarantees to foreign and private investors. It is extraordinary that we did not have a chance to debate amendments on that issue and other important aspects. It is a shocker. It really is disgraceful cynicism. I believe cynicism lies behind it, which is even worse when we are dealing with such important matters.

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