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National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: We did it already today.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: I took note of what various speakers have said so far and Deputy Gogarty seems to sum it up. He said things go up as well as go down and seemed to conclude we do not know whether we are coming or going and that in those circumstances all we can do is make a guess at it. The guess he has made is that things will get better.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: The Deputy is right. There is not much science behind his position, but it summarises his view. He says his view is apocalyptic when it comes to nationalisation. I cannot agree with his outline of what nationalisation would mean. I would ask Deputy Gogarty this question. We know the least worst position is the Minister's guesstimate that it will cost the taxpayer €7 billion, although...

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: If he is concerned about nationalisation, why not put the €7 billion in for shares? That is why the Minister is correct when he states that there is no point extending the debate on valuation, we have been round the houses and we are not going to agree. He has fixed his position and he is not for moving.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: No, it would not.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: I will turn the clock back a little and put some specific questions to the Minister. Has the Minister been assured and has he negotiated clearance that down the road there will not be a state aid repercussion as a result of this decision? This is state aid, there is no doubt about it. The Minister claims it is a state aid, saying if there was not an uplift there would be no merit in the...

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: It owns 80% of them.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: There is long-term economic value if ever I heard of it.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: Not since the Yukon has there been-----

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: It is a bit like a visit to Knock. The third question is where will it apply.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: Could Deputy George Lee refrain from using my name all the time?

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Pat Rabbitte: We should hear the Minister. The Ceann Comhairle should allow us hear the Minister.

Written Answers — Taxi Industry: Taxi Industry (5 Nov 2009)

Pat Rabbitte: Question 31: To ask the Minister for Transport his views on the recent reforms announced by the Commission on Taxi Regulation; his plans to incentivise the purchase of wheelchair accessible taxis in the industry in view of the current economic prospects in the taxi sector; and if he will make a statement on the matter. [39547/09]

Written Answers — Port Development: Port Development (5 Nov 2009)

Pat Rabbitte: Question 35: To ask the Minister for Transport his views on the Dublin Port National Development Plan Study conducted by Indecon Consultants for his Department; his views on his favoured scenario for the development of Dublin Port; and if he will make a statement on the matter. [39548/09]

Crime Levels. (10 Nov 2009)

Pat Rabbitte: Question 74: To ask the Minister for Justice, Equality and Law Reform the number of recorded cases of so-called tiger robberies, in which staff or relatives of staff of financial institutions were taken hostage to date in 2009; the amount of money taken in such robberies; the discussions he has had with the financial institutions about these robberies; and if he will make a statement on the...

Crime Levels. (10 Nov 2009)

Pat Rabbitte: The Minister is correct in assuming that every Member of this House agrees these are appalling crimes and that our sympathy is with the victims and their families. However, is he not concerned that so-called tiger kidnappings are on the increase and is it not reasonable to presume that the very large sums of money garnered in some of these incidents are used for the financing of more serious...

Crime Levels. (10 Nov 2009)

Pat Rabbitte: Let me give the Minister the example of the €7.6 million taken in a recent robbery of this type in a Dublin bank. How did an employee, admittedly one operating under duress, have such easy access to retrieve the amount of money handed over? The robbery was followed by press statements or behind the scenes briefings by the Garda that a great deal of the money was recovered. I understand...

Crime Levels. (10 Nov 2009)

Pat Rabbitte: Was today's commentary fair?

Crime Levels. (10 Nov 2009)

Pat Rabbitte: I found the article insightful.

Garda Strength. (10 Nov 2009)

Pat Rabbitte: Does the Minister think that applies to the Government?

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