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Results 301-320 of 14,090 for speaker:Marc MacSharry

Seanad: Energy Policy: Motion. (9 Jul 2008)

Marc MacSharry: I move: That Seanad Éireann congratulates the Government on its policies aimed at decreasing this country's dependence on imported fossil fuel by increasing use of renewable energy technologies. The International Energy Agency has for many years identified Ireland as being one of the most energy insecure countries in the world. Most of us are already aware that Ireland has long been at the...

Seanad: Order of Business (30 Sep 2008)

Marc MacSharry: I congratulate the Minister for Finance on his decisive action over the last day. It is timely and much needed and shows the kind of leadership to which not only this country but also our European counterparts can look with confidence. I believe it will become the benchmark for small, open-market economies such as ours. If other countries follow suit, we will begin to establish the floor...

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: Apart from the unparliamentary language, and one proposal——

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: This is the third economic debate we have had in the past nine months and again, I fail to see any real recommendations from the Fine Gael members of the Opposition. The Labour Party has its ten-point plan, to which I will refer later.

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: This is an outrageous level of interruption.

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: It is outrageous.

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: There was one proposal Senator Twomey made I would recommend the Minister of State bring to the Minister for Finance, which was to double the tax relief for first-time buyers. I am sure the Government will reflect on that. I thank Senator Twomey for that long-winded single proposal, with unparliamentary language to boot, which I have never heard in my seven years in this House. I utterly...

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: That is business. If they are not, it will be reflected in their share prices. What the Government has done today is to take decisive action. It has given an example to the rest of the world. That is the international sentiment on what the Irish Government has done. The British Government immediately stated it was watching what was happening here, and the Opposition in the UK has said the...

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: Thanks to the taxpayer, yes.

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: Thanks to the people of this country——

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: ——who are going to get paid.

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: We will hear all the details, as the Senator well knows.

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: It is not a bail-out; it is, effectively, a transaction——

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: ——and there will be a levy or charge for that, which we will hear about in due course. However, it will be at market rates. As I said on the Order of Business, I congratulate the Minister on his decisive action. The officials who were up all night trying to prepare the legislation deserve our gratitude. In this regard we are unlike the United States where there has been dithering over...

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: This is in the best interests of our economy and our people. It is not just in the interests of the banks. The next two weeks, as we prepare for the budget on 14 October, may be the most important two weeks in our modern history. Given our changed economic circumstances, we must cut out all the fat — anything that has been allowed to develop — across all Departments, State agencies and...

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: Really, a Leas-Chathaoirligh, this is an unusual level of interruption.

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: As the Minister of State, Deputy Mansergh, stated, it is important we maintain a certain level of capital expenditure. We must try to maintain momentum to the greatest possible extent. There are positive aspects of the Labour Party ten-point plan, which I mentioned earlier, on which the Minister could reflect. We should consider the national development plan and prioritise the projects...

Seanad: Economic Situation: Statements (30 Sep 2008)

Marc MacSharry: In light of the fact that the Credit Institutions (Financial Support) Bill is coming to the House later, I do not have a question. However, as I am sure all Members would wish, I thank the Minister of State for sitting with us for three hours. It is reasonably unprecedented that a Minister would spend so much time with us. I thank him for doing do and look forward to discussing the Bill later.

Seanad: Order of Business (1 Oct 2008)

Marc MacSharry: I join others in welcoming the opportunity to debate the Credit Institutions (Financial Support) Bill 2008 tonight. Not wishing to pre-empt what we might say on it, may we all share the wish for improved regulation and to minimise the risk and ensure we are most diligent in carrying out what we all hope will be a positive contribution to the economy? I look forward to a robust debate later...

Seanad: Credit Institutions (Financial Support) Bill 2008: Second Stage (1 Oct 2008)

Marc MacSharry: Hear, hear.

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