Results 4,241-4,260 of 16,285 for speaker:Peadar Tóibín
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quantitative Easing: Discussion (8 Jul 2015)
Peadar Tóibín: I think Dr. Gurdgiev has answered the question in saying that they have not passed on that benefit yet. The primary objective of this is, obviously, the inflation rate but there are many other objectives with regard to stimulating the general economy. This seems to be quite a blunt tool to a certain extent. Would it not have been more useful and targeted for the EU, for example, to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quantitative Easing: Discussion (8 Jul 2015)
Peadar Tóibín: Tapering was a big issue in the United States. There were a number of engagements by the head of the Federal Reserve System and there were rollbacks. Dr. Constantin Gurdgiev said expectations are that quantitative easing would last three to five years. Is that correct? What would be the process for tapering?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quantitative Easing: Discussion (8 Jul 2015)
Peadar Tóibín: Is there a danger that there could be an excess negative at the end of that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quantitative Easing: Discussion (8 Jul 2015)
Peadar Tóibín: Most economists I have heard discuss the Greek crisis have been of the view that Greece's debt is unsustainable and it is necessary, therefore, for there to be a write-down of that debt to make it sustainable for the economy to function, yet the EU appears to be pushing Greece into accepting a deal that does not include a write-down. Is it a mistake on the part of the EU to push Greece into...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quantitative Easing: Discussion (8 Jul 2015)
Peadar Tóibín: I am speaking about debt write-down. The IMF figure in this regard is approximately 30%.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quantitative Easing: Discussion (8 Jul 2015)
Peadar Tóibín: Is Dr. Kinsella suggesting there should be a hair-cut on the Greek debt?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quantitative Easing: Discussion (8 Jul 2015)
Peadar Tóibín: On the broader euro issue, the euro has been in crisis for half its history. Currently, the European economies that are outside of the euro are functioning better in a number of areas, including employment, etc. It appears to me that there is an in-built unsustainability within the euro in terms of higher productivity in the core countries and far different levels in the countries along the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quantitative Easing: Discussion (8 Jul 2015)
Peadar Tóibín: The mechanism seems always to be towards breaking. In other words there appears to be a continuous pull within the euro system. I know it is taboo to discuss the issue but given it is unlikely that the European Union is going to accept a hair-cut would Greece not be better off outside of the euro?
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Deputy Stagg is absolutely right when he disagrees with the Tánaiste's argument that cutting the incomes of lone parents will get them out of the poverty trap. The two-faced aspect of his actions is that he is expressing such views locally while voting the other way in the Dáil.
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Even worse, he is whipping all the other Labour Party Deputies to make this deep cut in the incomes of people who are in poverty.
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Duplicity is also at the heart of the Clerys debacle. Almost a month has passed since the staff and concession holders of Clerys were turfed out onto the street by liquidators. All they have received from the Labour Party so far is a two-faced response. The Tánaiste and her Government colleagues have described the actions of the new employers as absolutely despicable, insensitive and...
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Nobody is making that suggestion.
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Nobody on the planet has made that suggestion.
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Tea and sympathy.
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Nobody is sowing doubts.
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: This has been happening over and over again.
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: The State is getting-----
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Multiple companies in this country have separated out their firms-----
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: -----in an effort to insulate their investments from the responsibilities they have to their staff. The fact is that both the State and the workers are getting stuffed over and over again. We have complete inertia from the Labour Party with regard to its response. If I have to paint it out clearly and simply for the Tánaiste again, I will do so. A number of purchases in 2012 and 2015...
- Leaders' Questions (9 Jul 2015)
Peadar Tóibín: Many companies split into different companies.