Dáil debates

Wednesday, 8 July 2015

11:50 am

Photo of Gerry AdamsGerry Adams (Louth, Sinn Fein) | Oireachtas source

He rammed through laws to take money from families who can least afford it while former Irish Nationwide chief, Michael Fingleton, still holds on to the €1 million bonus that he promised to return to taxpayers. There is no special legislation to deal with that. Tá dlí amháin ann do dhaoine saibhre agus dlí eile do shaoránaigh eile. The bottom line is that neither the Taoiseach nor his Minister for Finance have the backbone to stand up to the banks and take action to end the punitive, morally unjustifiable interest rates being inflicted on struggling households. Is it not the case that the Taoiseach's Government has a consistent record of legislating in the interests of the wealthy and against the interests of everyone else?

Is this the reason he refuses to take action against the banks and to stand up for mortgage holders? I am an optimist so will the Taoiseach please give us an answer to the question as to whether the Government will give the Central Bank the power to cap mortgage interest rates at banks that have been bailed out?

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