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Leaders' Questions (15 Mar 2012)

Willie O'Dea: He only lasted two months though.

Order of Business (15 Mar 2012)

Willie O'Dea: The Minister will be aware that the first phase of competition law has already been dealt with under the Competition (Amendment) Act passed in the last session. When can we expect to see the next phase including the consumer and competition Bill? Will the Bill deal with the question of media ownership?

Order of Business (15 Mar 2012)

Willie O'Dea: Will media ownership be a part of the Bill?

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: They want to know what will be done now.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: What are you going to do about it?

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: Stick to the script.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: I want to talk about the credit aspect of the motion. I am flabbergasted at the attitude of the Government. The three components of this topic include a burgeoning mortgage crisis, which is getting worse, delaying economic recovery and causing untold misery to hundreds of thousands of people. This includes those who can pay their mortgages at the moment but are worried about the future and...

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: Like me, Governments Deputies are meeting people who are worried they will lose their houses, lose their jobs and wonder how they will pay their mortgages. I am in the unusual position of trying to justify the Government and trying to explain to people-----

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: -----that the Government has not yet introduced necessary legislation. I try to explain that, even when the legislation is in place, structures must be put in place to implement it. We are perhaps 12 months from anything being put in place. Thankfully, for reasons that have nothing to do with the Government, very few people have lost their homes in this country but the Minister of State is...

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: -----and the Government is doing zero, zilch, nothing about it.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: The Government's proposals-----

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: I do not recall coming in here and interrupting the Minister, with his last minute arrival to cover the absence of the Minister.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: Keep chasing the stags. When I promised my electorate I would vote against the Government I did so, unlike you, Sir.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: The Government's proposals on the credit crisis is the longest running farce in the west end.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: I have counted them and 19 times the Government publicly promised a partial credit guarantee scheme, which is a carbon copy of the English scheme, yet it has not produced it. It promised a micro-finance scheme and the princely sum of €10 million a year for the small and medium business enterprise sector. The Minister for Jobs, Enterprise and Innovation said that would enable loans of up...

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: Stags are irrelevant. What is relevant are the people of this country who are consumed with anxiety and distress-----

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: -----and are going to TDs in their clinics every day because of the inaction of this Government.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: My message to the Government is-----

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: ----that it is time to stop the prevarication, the delay, the platitudes, the excuses and the alibis. The time for action has long since passed.

Banking Sector Regulation: Motion (Resumed) (14 Mar 2012)

Willie O'Dea: The Minister has been sitting on it for the past 13 months looking out at stags.

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