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Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: ——from the same people it is criticising.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I do not suggest there was anything wrong.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I am merely making the point in terms of——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: ——balance and fair play that Fine Gael and the Labour Party sought donations from the same people——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: ——from whom they accuse Fianna Fáil of seeking donations.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: No Fianna Fáil person was found guilty either.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: While I am at it now that Deputy Burton has got me going——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I am endeavouring to do so. I remind Deputy Burton, now that she is really getting me on my feet, that when she was last in Government a fundraiser was held at which the by-line was, "get an audience with the Minister for Finance", who was Deputy Quinn, again on whose integrity I cast absolutely no aspersion. However, the dinner was sold on the basis of getting an audience with the Minister...

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I did meet the workers.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I thank the Leas-Cheann Comhairle and I assure Deputy Burton that I have met the workers in SR Technics. I met the Tánaiste to discuss the issue. I spoke with various people about this very serious issue. What Deputy Burton and the Labour Party have to offer is zilch to help these workers. They have no constructive plans to do anything to get our economy back on track. They are bereft...

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: Yes, certainly we want the integrity——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: Talking the banking system in general down will only do more damage. We need a stable banking institution.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: We do not need the comments made last night by Deputy Tommy Broughan, who referred to pouring €7 billion into a bankrupt bank. What will this do for the status of Ireland? How will the Government and business people be helped by the making of such ridiculous statements in the Chamber?

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: We need to stabilise our banking system. We took the actions that every business person in this State knows were correct. We gave the guarantees on deposits——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: ——so ordinary people, retired people, small businesses and local authorities would have their savings protected.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: The Labour Party opted out. I heard Deputy Burton using the term "green jersey", in respect of which I made an accusation concerning the Labour Party last September. Its members are not even fit to wear their village jerseys.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: They would not be fit to wear the blue and white of St. Brigid's, much less a county jersey or an national one.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: The Labour Party copped out and shirked its responsibilities. At least Fine Gael believed guaranteeing the deposits in the bank was necessary.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: Your were not right. No country, from the United States to the United Kingdom or any other country in Europe, has agreed with your philosophy.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I apologise but I wish the Acting Chairman could control his colleague.

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