Results 3,561-3,580 of 15,491 for speaker:Eamon Gilmore

Order of Business (2 Oct 2008)

Eamon Gilmore: On the financial services regulation Bill, the world has changed since the Government could do business by way of having advisory forums meandering on forever and a day. That is the reason we found ourselves dealing with an emergency situation. The Government clearly was not on top of the requirement to strengthen the regulation of financial institutions.

Order of Business (2 Oct 2008)

Eamon Gilmore: The heads of this item of legislation, which is No. 52 in the Government's order of legislative priorities, list C of division 3, have not yet been prepared — there is reference to an advisory board — about the regulation of financial institutions. Given what we have just seen it is hardly unreasonable to ask that the Government might now accelerate matters regarding the regulation of...

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: As my colleague, Deputy Burton has said, this amendment arises from the debate held yesterday evening on the Labour Party amendment to which the Government responded. When this amendment is approved by the House and the Bill goes for signature and following the decision made in the Seanad last night to approve the Bill, the taxpayers of the country will be providing a blanket guarantee to the...

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: Yes, but we are discussing the scheme and the process by which the scheme will be brought before the House. The scheme is intended to address these matters. The point I am making is that, unfortunately, the matters we wanted to have addressed in the Bill will now have to be addressed in the scheme. This is the reason I am referring to those matters. Even within the six institutions the...

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: I thank the Ceann Comhairle. I wish to refer to commentary on the Bill in today's edition of The Irish Times in an article by Professor Morgan Kelly. I suggest the Government should reflect on his views: The reason that foreign banks started to shun Irish banks is that international investors have gradually become aware of the scale and recklessness of Irish bank lending to builders and...

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: A Cheann Comhairle, if you wish I will preface every sentence by asking, "Will provision be made in the scheme to which this amendment refers...?"

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: Yes, a Cheann Comhairle.

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: With the greatest of respect, the Ceann Comhairle referred to the Constitution. We have a constitutional right as Parliament to examine legislation and to form an opinion on it. There is a proposal before the House that we amend the Bill passed here early this morning to provide a new method for the scheme to be presented to the House. We must make up our minds as legislators as to whether...

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: A Cheann Comhairle, let me put it very simply. Taxpayers are being asked to underwrite a guarantee for every euro and cent in every bank in this country. We all want that money to be secure. There are concerns, however, about this. One concern is that some of the money loaned by the banks which has got us into this hole has been loaned out for property speculation.

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: Up to €60 of every €100 deposited in Irish banks has been loaned out for property speculation.

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: I am speaking to the amendment. This is about taxpayers' money. We spent a long time in the Chamber over the past two days on this debate. This morning reminds me why we face this problem in the first place. There were issues that were ruled out of order in the House and could not be raised in debate. If they had been allowed to be addressed——

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: I recall over the past ten years coming to the House to raise issues about what was happening in the property market and land speculation.

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: I have argued in this Chamber that the State should intervene in what was happening in property speculation.

Credit Institutions (Financial Support) Bill 2008: From the Seanad (2 Oct 2008)

Eamon Gilmore: If an intervention had been made we would not have this problem now.

Written Answers — Crime Levels: Crime Levels (2 Oct 2008)

Eamon Gilmore: Question 75: To ask the Minister for Justice, Equality and Law Reform the number of occasions in 2007 and to date in 2008 in which grenades, bombs or improvised explosive devices have been used; and the number of occasions in each year when the Garda called on the assistance of the Army ordnance unit to deal with such devices. [32837/08]

Written Answers — Garda Investigations: Garda Investigations (2 Oct 2008)

Eamon Gilmore: Question 91: To ask the Minister for Justice, Equality and Law Reform the steps the Garda is taking to deal with a reported feud between two criminal gangs in Dublin which has led to numerous shooting incidents and attacks using explosive devices; and if he will make a statement on the matter. [32836/08]

Departmental Agencies. (7 Oct 2008)

Eamon Gilmore: Question 2: To ask the Taoiseach his plans to change the structure or organisation of State boards or agencies operating under the aegis of his Department; and if he will make a statement on the matter. [29626/08]

Departmental Agencies. (7 Oct 2008)

Eamon Gilmore: In his first reply, the Taoiseach stated something to the effect that a comprehensive review of the National Economic and Social Development Office, NESDO, is under way, which would lay a solid basis for achieving further efficiencies as might be possible. It sounds as if NESDO will either be wound up or given responsibility for the functions of other agencies. Which direction will be...

Departmental Agencies. (7 Oct 2008)

Eamon Gilmore: Will the Taoiseach respond to the second part of my question concerning the future of the Combat Poverty Agency, the Equality Authority and the Irish Human Rights Commission?

Departmental Agencies. (7 Oct 2008)

Eamon Gilmore: The Taoiseach might know something about it.