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National Asset Management Agency. (13 May 2009)

Joan Burton: He does not want any discussion

Jobs Initiatives. (13 May 2009)

Joan Burton: We have?

EU Funding. (13 May 2009)

Joan Burton: Does the Minister agree that the poor broadband reception in many parts of the country, especially rural Ireland, is one of the critical constraints restricting people from creating successful businesses in small towns and villages and in larger towns and cities? The Government has failed to address the Eircom issue. The Fianna Fáil privatisation of Eircom turned into a disaster from an...

Capital Expenditure. (13 May 2009)

Joan Burton: Has the Minister read the Labour Party's detailed proposal in respect of the establishment of an investment development bank? Such banks exist in many countries and provide a mechanism for issuing bonds similar to those to which the Deputy has referred, whether on or off the State balance sheet? Is the Minister suggesting the price or rate of return investment and pension fund managers have...

Capital Expenditure. (13 May 2009)

Joan Burton: It has not been able to do it.

Capital Expenditure. (13 May 2009)

Joan Burton: And by pension funds.

Capital Expenditure. (13 May 2009)

Joan Burton: I asked the Minister about the pension fund proposal.

Mortgage Redemption Fees. (13 May 2009)

Joan Burton: Does the Minister understand that a number of people are caught in a significant hole because they have been unable to benefit from the European Central Bank's reduction in interest rates? The Minister said in his budget strategy that, because of the reduction in ECB interest rates, he was significantly reducing mortgage interest relief for homeowners. Many people who are caught in the...

Mortgage Redemption Fees. (13 May 2009)

Joan Burton: I am sorry if I am intellectually facile. I apologise.

Mortgage Redemption Fees. (13 May 2009)

Joan Burton: Why not, or is that an intellectually facile question?

Mortgage Redemption Fees. (13 May 2009)

Joan Burton: Will the Minister lay out his analysis and publish this report? I understand the banks' problems stem from short-term borrowing on the international money markets to fund longer-term investments, so the notion the banks are not having to turn over their borrowing, funded by the bailout and guarantee which this Government arranged, is wrong. I have serious doubts about the explanation given...

Mortgage Redemption Fees. (13 May 2009)

Joan Burton: For what length of time?

Banks Recapitalisation. (13 May 2009)

Joan Burton: Does the Minister now regret that the proposal which was on the table on the night of the bank guarantee to nationalise Anglo Irish Bank because of its financial position was not taken up at that time and that, instead, Anglo Irish Bank was included in the guarantee and was in many ways the cause of fundamental damage to our reputation and to the two main banks, Bank of Ireland and Allied...

Banks Recapitalisation. (13 May 2009)

Joan Burton: Will the Minister make a statement available to the House with regard to his statement on medium term debt? What constitutes medium term debt? This is important because the Minister has indicated he is extending the guarantee for certain categories of debt until 2014. This is a major statement and the Minister needs to elaborate on it.

Finance Bill 2009: Second Stage (Resumed) (13 May 2009)

Joan Burton: I talked about a married couple with children.

Finance Bill 2009: Second Stage (Resumed) (13 May 2009)

Joan Burton: The Minister should check what is stated in annex A about a married couple with children.

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: The Deputy should talk to them about it.

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: A poor try.

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: There is one question that haunts this debate and no Minister has attempted to answer it so far. How can policy remain dominated by one purpose to the exclusion of all else, that is, that no bank should be allowed to fail and yet none should be properly nationalised? That question was answered by this Government last September in its ill-advised blanket guarantee. Unfortunately, neither...

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: Within hours it was followed by the actions of vested financial interests who saw this as a signal to carry on with business as usual, with a Government licence to back them up. There was Mr. Fingleton junior's notorious e-mail to UK depositors drumming up extra business on foot of the State guarantee. Then there was the extraordinary set of deals to manage the year-end balance sheet of...

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