Dáil debates

Wednesday, 4 February 2015

Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Second Stage (Resumed)

 

3:55 pm

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

It is a line from the song "The Times They Are a Changin'" to the effect that those on the old road should get off the new one if they cannot lend a hand. People have to change because the current approach has not worked. This legislation is not even a sticking plaster. It is purely decorative and meaningless and covers up the continuing insane gambling in the financial markets. The property market has been cut loose from reality and any type of consideration for the human beings who are affected by movements of money and financial and profit considerations.

In addition to Iain Banks, it is worth reading the third voyage of Gulliver in Jonathan Swift's Gulliver's Travelsas it describes a similar phenomenon.

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