Results 881-900 of 6,295 for speaker:Michael D'Arcy
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: Like other speakers I wish to comment briefly on our position and the national debt in particular. I have read the record of the discussion in the select committee, and the amount of discussion on irrelevant portions of this Bill was astonishing. That is annoying as we must stay with the point or else we will be here for days, weeks and months. The great theories being espoused amazed me....
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: The emperor.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: In fairness, the Senator is correct.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: It has been pointed out that we do not have money. That is incorrect as we have â¬33 billion in revenue from taxation every year. However, we also have obligations, of which the payment into the ESM is one. To whom do we owe our first obligation? Is it State employees and those who have retired from public service? Should we pay their pay and pensions before we make social welfare...
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: And their furniture.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: We are not on section 3.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: He should withdraw it.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: The United Nations is mentioned in section 5?
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: Senator Norris should read the European directive document on the recovery and resolution of credit institutions because the very point he is making about credit rating agencies is being addressed in that, although it is only a draft document. I took some time out to listen to the debate on Committee Stage with the Minister for Finance on section 5 and it was very informative. The taxation...
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: That is a choice they can make.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: It is in line with the other institutions.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: From what I gather from the conversation about immunity from legal proceedings on Committee Stage, a person who wants to take a case for political purposes in the Irish Supreme Court will not be allowed to advance the case. That is a good thing because we have seen people take cases to the Supreme Court for political purposes and the taxpayer ends up paying for it. During the fiscal...
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: Everyone else has been doing it all day.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: I am making the circular argument about section 5(1)(a) because the reasoning for it is very clear. As I stated, if somebody wants to take a case to the Supreme Court, that is fine, but he or she should pay for it himself or herself and not ask the taxpayer to do so.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: That is what happened before.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: I ask the Senator not to be so ill mannered.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: Senators would have noted a lot of information on the Oireachtas website if they had chosen to inform themselves before the debate.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: For political purposes.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: For political purposes.
- Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)
Michael D'Arcy: The Senator should not try to choose-----