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Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: We are a proud nation. No matter what has happened, we have the resilience to come out of it if we think positively. I hope to be back in this Chamber this year as an Opposition Deputy. This country needs budgets to be passed. It needs realistic four year recovery plans-----

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: -----to be implemented straight away. I would have no difficulty in backing that.

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: The dishonesty we are hearing now does nobody any good. It does not do the reputation of the country any good. I say this in particular to the people who will be assuming the role of Minister and representing us at European level. I must comment on the level of debate on economic matters in recent times, particularly by Sinn Féin. Deputy Morgan is here; maybe it is as well that he is...

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: This perception that we should burn the bondholders-----

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: -----and use up the money left in the National Pensions Reserve Fund-----

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: -----to pay the wages of teachers, nurses, gardaí and so on-----

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: If we want to have an honest debate, let us realise-----

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: -----that burning the bondholders at the stake may sound great - we all have our problems with certain bankers-----

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: -----but the reality is that we need the bankers and we need the ECB.

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: We have €140 billion on loan from them-----

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: -----and for anyone to suggest that we literally tell them to get lost is ridiculous. Am I out of time, a Cheann Comhairle?

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: If we are to have an honest debate for the election, Fine Gael and the Labour Party must come clean and say what their plans are. Will they tell us where they will make the €6 billion saving? If the saving is only €4.5 billion, where will they get the rest of the money? I am asking them to give politics a decent start by having an honest debate.

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: Let us cut out all the shenanigans-----

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: -----we have been carrying on with in recent times.

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: I will hand over to my colleague, Deputy Ned O'Keeffe. I wish him well in his retirement. He can be proud of his contribution over a long time in Dáil Éireann.

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: I was just about to leave the Chamber but maybe I should stay for Deputy Deasy's words of wisdom.

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: I am afraid not, I referred to the hypocrisy just in case Deputy Deasy did not get the message the first time.

Finance Bill 2011: Second Stage (Resumed) (26 Jan 2011)

Michael Kennedy: We are talking about people saying the budget should be passed in the national interest, then voting against it.

Finance Bill 2011: Committee Stage (26 Jan 2011)

Michael Kennedy: The Deputy should be sure to give me metro north when he is in government.

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