Results 5,621-5,640 of 26,843 for speaker:Richard Boyd Barrett
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: In the cases to which I refer, the only sustainable solution would be to write off a significant portion of the debt but the banks are refusing to do that. Professor Honohan and the Government are stating that we cannot afford-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: With regard to the figures and in an attempt to quantify what is involved, what proportion of the approximately 200,000 people who have entered restructuring arrangements, whose mortgages are in arrears, etc., will be able to repay what they owe without defaulting?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: Has the position been quantified? Is the figure 50%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: When Norway experienced a similar crisis-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: Should we not inform our friends in the ECB that this is their problem too? Is it not the case that we should we impose a solution similar to the Norwegian model whereby we write down distressed mortgages to current market value plus 10%, whatever that value might be, and inform the ECB that this is also its problem? Should we not do this and face reality? At present, we are not facing...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: In respect of cases where people are dealing with their banks now and where there is evidence that those banks engaged in really reckless lending in the past - individuals I have met are willing to testify that some institutions were literally throwing money at them, encouraging them to take out loans that they knew were crazy or providing bad advice - is the Central Bank position to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: Why not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: In other words, there is evidence that there was reckless behaviour at a high level in the former Anglo Irish Bank and a lot of evidence can be provided by individual customers in respect of the reckless behaviour of various other lenders but there is nothing the Central Bank can do in either instance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: That is pretty weak, is it not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: I have two brief questions. I am aware it is not the Governor's job to pass judgment on Government economic policy. Given the serious mortgage distress people are in and the huge arrears crisis, is Professor Honohan worried that any measures that may be imposed in the coming budget that will cut people's incomes will deepen the mortgage crisis?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: Three billion euro next year. We would not need an adjustment.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: I asked whether Professor Honohan expected more people to go into arrears.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)
Richard Boyd Barrett: That was the question.
- Fines (Payment and Recovery) Bill 2013: Second Stage (Resumed) (26 Sep 2013)
Richard Boyd Barrett: I might not use all of them, for a change.
- Fines (Payment and Recovery) Bill 2013: Second Stage (Resumed) (26 Sep 2013)
Richard Boyd Barrett: I welcome the objective of this legislation. It is a worthy objective to try to limit the number of people who are imprisoned for non-payment of fines. It is not true in all cases but, in my experience, in a huge number of cases imprisonment for non-payment of fines is, in effect, imprisonment for poverty. People should not be imprisoned for poverty. What prompted me to speak on this...
- Written Answers — Department of Health: Health Services Charges (26 Sep 2013)
Richard Boyd Barrett: 41. To ask the Minister for Health if cancer patients who have to pay for their own treatment also have to pay for cancer-related surgery. [40066/13]
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Office of the Ombudsman Annual Report 2012: Discussion with Ombudsman (26 Sep 2013)
Richard Boyd Barrett: I express my disappointment that Ms O'Reilly is departing. While I am glad for her, it is a loss for us that she is leaving. In my experience and observations of the Ombudsman, she has been a fearless champion of people's rights. She has done exemplary work and certainly will be a hard act to follow. I hope whoever succeeds her will live up to the standards she has set. I seek the...
- Ceisteanna - Questions - Priority Questions: Appointments to State Boards (1 Oct 2013)
Richard Boyd Barrett: 59. To ask the Minister for Transport, Tourism and Sport the position regarding the selection of the chairperson for Dún Laoghaire Harbour Company; the procedures followed and criterion applied for the nomination and selection process; his role in this process; and if he will make a statement on the matter. [41173/13]
- Ceisteanna - Questions - Priority Questions: Appointments to State Boards (1 Oct 2013)
Richard Boyd Barrett: I have raised the issue of Dún Laoghaire Harbour Company on umpteen occasions with the Minister and I pointed out to him that there is nothing short of blue murder between the management and the employees. Several employees are under disciplinary procedures as they are in dispute with the company over contracts. Some of them have written to the Minister looking for determinations on...
- Ceisteanna - Questions - Priority Questions: Appointments to State Boards (1 Oct 2013)
Richard Boyd Barrett: -----and on extra payments to the CEO which have not been fully explained and which the Minister promised would be investigated. These are very serious questions and it seems it would have been far more appropriate to bring in someone from the outside who could have independently investigated and adjudicated on very serious matters in the harbour company.