Dáil debates

Friday, 8 July 2016

Commission of Investigation (Irish Bank Resolution Corporation) Bill 2016: Second Stage

 

11:35 am

Photo of Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

-----and massive poverty at a level which is utterly distressing. If those Deputies ever get an opportunity to visit such a country to see what happens they should take it.

If people were honest about the development of IBRC and the deal with the promissory note, they would lay out what their alternative was. That €3 billion a year hung like a noose around the neck of the Irish State and had to be paid every March in cash. Otherwise default would have ensued with consequences that I am not sure those who advocated it have ever seriously examined in other states, but then it would not be theirs to worry about. Like Nigel Farage, Boris Johnson and their friends in the Brexit campaign, they could run off the field. They could be a general on their horse but then run off the way Farage and Johnson have done in the UK leaving others to sort it out.

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