Paul Murphy (Dublin South West, Solidarity) | Oireachtas source

The Government reportedly will support the Fianna Fáil Private Members' Bill extending some rights to those who have their loans sold to vulture funds, a testament to the pressure they feel from the public. We support the Bill as well. However, regulation is not enough and must not be used as political cover to allow the sale of these loan books to vultures. Ultimately, a regulated vulture is still a vulture. If these vultures get their claws into people, the same aggressive behaviour that was seen at Tyrrelstown in Dublin and Leeside in Cork will be seen once again, adding to the housing crisis and people's distress.

Will the Government introduce legislation to block the sale of loan books to vulture funds? Will the Taoiseach agree that the process of the privatisation of banks should be reversed and, instead, we should have a public banking system which can be utilised as a public utility with mortgage write-downs, as well as used as a lever to provide funding for public housing?

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