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Seanad: Credit Union Bill 2012: Second Stage (4 Dec 2012)

John Gilroy: Members of credit unions have a sense of ownership of the organisation. Senator D'Arcy referred to the corporate memory that has been lost in the banking system. Members of credit unions are well known to the risk management committees who make the lending decisions. This is commendable and is in stark contrast to the crowd of idiots who were running the other financial institutions. I...

Seanad: Credit Union Bill 2012: Second Stage (4 Dec 2012)

John Gilroy: Other commentators hailed McCreevy as the best Minister for Finance in the history of the State and perhaps in the history of the world. I even recall someone calling for Mr. Sean FitzPatrick to be appointed chairman of the Central Bank, incredible as it seems. When these bankers were living it up, the managers of local credit unions were going about their business, quietly working away to...

Seanad: Order of Business. (5 Dec 2012)

John Gilroy: He did not say that.

Seanad: Order of Business. (5 Dec 2012)

John Gilroy: I appeal to the Chair. We cannot have that stand on the record of the House.

Seanad: Order of Business. (5 Dec 2012)

John Gilroy: I have noticed in recent days that some commentators in the House and a Deputy who was on radio this morning demonstrated a lack of understanding of the financial position. Despite their lack of understanding, it does not prevent them from making authoritative-sounding pronouncements. Some commentators suggest that if we do not pay the promissory notes next year there will be no need for a...

Seanad: Order of Business. (5 Dec 2012)

John Gilroy: It is not over.

Seanad: Order of Business. (5 Dec 2012)

John Gilroy: Is that the property tax agreed by Fianna Fáil?

Seanad: Order of Business. (5 Dec 2012)

John Gilroy: Any former Fianna Fáil Minister will do.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: Inhuman, that is remarkable.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: Who costed it?

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: What about the one Fianna Fáil agreed to?

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: Thanks to the policies of Fianna Fáil in government.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: Wrong - the second worst.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: Fianna Fáil decided it and have done it three times.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: The Senator's party destroyed the economy.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: Nonsense.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: I welcome the Minister of State back to the Chamber. It it good to see him again. I welcome the opportunity to speak on the changes made in the budget today. The first thing we should acknowledge is that the changes made today will certainly have an impact on the lives of our citizens. Of that there is no question.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: It is not possible to remove ¤3.5 billion from the economy without causing pain. We should be honest about this and we need not and should not try to hide this unpleasant fact or hide behind any statistic that would camouflage it. The Opposition has a job to do and it is required to do it; that is fair enough. I welcome Senator O'Brien back to the Chamber. I imagine he brings a new-found...

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: I could spend my entire eight-minute slot outlining why these adjustments are necessary. Senator O'Brien, being the decent person he is, will acknowledge that these are necessary because of the mess his party made of the economy. However, I will say no more about that.

Seanad: Budget 2013: Statements (5 Dec 2012)

John Gilroy: I will give an honest account and I hope others will do so as well. I note there is no representative from Sinn Féin present. Anyway, Sinn Féin has made certain remarks about its pre-budget submission. At 4.55 p.m. this evening Deputy Mac Lochlainn - Senator O'Brien was not long after him - stated that the pre-budget submission of Sinn Féin was costed by the Department of Finance. He...

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