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European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: Where is the money going in? Why are small and medium enterprises screaming week in, week out about how they are being starved of credit by the banks that we have recapitalised? Why are they screaming if it is all working swimmingly?

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: Why have trillions been put into the European banking system and still the money is not going back into the European economy, which is being suffocated? The European economy is contracting and there is a major strike of private sector investment which has collapsed across Europe. Those are the facts. When are we going to wake up and assert control over the banking system which we have...

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: In response to what Deputy White said, when people ask where is the money, has he not noticed what we have been doing-----

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: -----for the past two or three years? The money is in the banks because we put it into them.

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: The money is in the banks.

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: Yes. The money is in the banks and it is about time we used it for the social good and the development of the economy and society. Furthermore, we have argued there must be a more general redistribution of wealth in society because it is concentrated in the hands of a small minority who are either not spending the money or not investing it in the economy. Figures emerged in recent weeks...

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: We must short circuit that situation and get control of those resources. That means tackling the wealth through corporation tax, taxes on financial transactions and taxing the obscene wealth of a tiny minority who control disproportionate amounts of wealth and reinvesting it in society and in the economy. In contrast to that - a genuinely alternative approach to organising our economy - our...

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: At least the Government was honest when it said there was nothing new in the treaty. That is exactly the point. That is precisely why we opposed it, because there is nothing new and it is carrying on along the same train tracks of austerity that have led us into this mess in the first place.

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: I say to Deputy White that we want something new. We want an alternative strategy because the one that is being pursued is not working.

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: If the catastrophes that have been inflicted on this country and on the Greek people as a result of austerity have not woken the Government up to the fact that austerity is not working and that this approach to the crisis is not working, perhaps the Spanish crisis will now wake the Government up to that fact. The hole in the Spanish banks is likely to be anywhere between €100 billion and...

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: When will we stop bailing out the banks and start to adopt a different approach where we prioritise people, jobs, economic growth and employment? The Government defends its position by saying that at least there is talk in Europe now of there being assistance to the banks that will not be channelled through the sovereign and will not be unloaded onto the backs of ordinary citizens and the...

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: At what point will the Government get it? It has taken the best boy in the class routine to the most extreme lengths in pushing through this treaty when other forces in Europe are at least delaying it or beginning to question Mrs. Merkel's strategy. The Government continues with the best boy in the class routine and only a few days after this country passed the fiscal treaty, Mrs. Merkel...

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: Yes, and now it is the ESM, which is not being discussed properly. The Government wants to ram it through to prove again to Mrs. Angela Merkel what good boys and girls we are. There will be no discussion on it despite the fact the ESM has profound implications. Throughout the referendum debate the Government presented the ESM as if it was some sort of benevolent fund which was there to...

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: I accept the fiscal treaty was discussed at length. The Government won the debate. There is no question about that - through fear in my opinion - but the Government did win the debate. However, it is dishonest to suggest there has been a full public discussion of the serious issues that arise out of the ESM because it is not just a benevolent fund. It raises serious questions about the...

European Communities (Amendnment) Bill 2012: Second Stage (6 Jun 2012)

Richard Boyd Barrett: I apologise. I did not know. It is wrong to railroad this legislation through the House in just a few hours. The Government should allow for a proper debate. Instead, this is a continuation of the sucking up to Angela Merkel despite the fact that no matter how much the Government does so, she slaps it down and humiliates it. She is giving it nothing. When will the Government realise...

Private Members' Business. Building Control Regulations: Motion (6 Jun 2012)

Richard Boyd Barrett: The situation faced by those in Priory Hall and Belmayne and those whose houses were constructed with material containing pyrite is appalling. This is not just about the tragic effects that has had on the residents, although the motion asks the Government to declare it will take the lead in providing the resources necessary to undertake the remedial works or transfers necessary to house...

Order of Business (7 Jun 2012)

Richard Boyd Barrett: It beggars belief that the Tánaiste is trying to push through the legislation on the ESM in a single day. He cannot say with hand on his heart that he believes the people, or most Deputies, have fully debated and understand the content of the European Stability Mechanism Bill and the severe consequences it may have for them, given that, even by the Government's admission in the past week or...

Order of Business (7 Jun 2012)

Richard Boyd Barrett: To guillotine the debate on Second Stage.

European Stability Mechanism Bill 2012: Second Stage (7 Jun 2012)

Richard Boyd Barrett: With the agreement of the House, I will share time with Deputies Joan Collins and Joe Higgins. It is an absolute disgrace that the Government has imposed a guillotine on the debate on the European Communities (Amendment) Bill 2012. It is particularly disgraceful when the Government has, effectively, admitted that we are heading towards a second so-called bailout when we emerge from the...

Written Answers — Action Plan for Jobs: Action Plan for Jobs (7 Jun 2012)

Richard Boyd Barrett: Question 27: To ask the Minister for Jobs, Enterprise and Innovation the specific programmes he has to promote employment; and if he will make a statement on the matter. [24036/12]

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