Results 961-980 of 6,295 for speaker:Michael D'Arcy

Seanad: Credit Union Bill 2012 : Committee Stage (11 Dec 2012)

Michael D'Arcy: What is the ratio and what are the alterations or changes?

Seanad: Credit Union Bill 2012 : Committee Stage (11 Dec 2012)

Michael D'Arcy: The primary legislation will stand.

Seanad: Credit Union Bill 2012 : Committee Stage (11 Dec 2012)

Michael D'Arcy: I welcome the amendment. It is an opportunity for credit unions in their own facility to fund projects, whether it is a PPP with a local authority or somebody else, for which they may not be able to get funding. There is another aspect that I would ask the Minister of State to consider. While it may not be a PPP project it is important to remember that credit unions are disallowed from...

Seanad: Credit Union Bill 2012 : Committee Stage (11 Dec 2012)

Michael D'Arcy: My concern is that if a credit union is prescribed in legislation as being disallowed to lend to a community organisation that is organised as a limited company, I do not know whether amendment No. 33 would be sufficient to overrule that prescribed portion that might be in the primary legislation.

Seanad: Credit Institutions (Stabilisation) Act 2010: Motion (18 Dec 2012)

Michael D'Arcy: I move: That Seanad Éireann resolves for the purposes of section 69 of the Credit Institutions (Stabilisation) Act 2010, that with effect as on and from the date of this Resolution, in subsection (1) of the said section 69 for the words ?31 December 2012? there shall be substituted the words ?31 December 2014?.??

Seanad: Credit Institutions (Stabilisation) Act 2010: Motion (18 Dec 2012)

Michael D'Arcy: As Senator Darragh O'Brien said, this is a necessary evil, as I would describe it. The Minister for Finance has huge powers and is extending the period of these powers by a further two years. The question that must be asked is what has he done with these powers. It is often passed over in the narrative that, under the Act, junior bondholders with investments worth ¤10 billion were burned....

Seanad: Credit Institutions (Stabilisation) Act 2010: Motion (18 Dec 2012)

Michael D'Arcy: Those of us in the Legislature should do so also. This is a necessary evil. What can I say?

Seanad: Adjournment Matters: Job Creation (18 Dec 2012)

Michael D'Arcy: I welcome the good news for Wexford in the announcement that Eistech is to create 250 new jobs in the town. However, this is the first piece of good news for County Wexford in a very long time. The figures for my county are stark. Unemployment stood at nearly 25% at the end of the second quarter, which is one of the worst rates in the country. According to the figures from census 2011,...

Seanad: Adjournment Matters: Job Creation (18 Dec 2012)

Michael D'Arcy: I appreciate that progress has been made but I am making the point that the biggest county in the south east, which is Wexford, has had three visits from IDA companies. The Carlow and Kilkenny area have a similar population but they received six visits. Waterford received 25 visits. I never wanted to take a bite out of another person's sandwich but I do not want others to eat my...

Seanad: Finance (Local Property Tax) Bill 2012: Second Stage (19 Dec 2012)

Michael D'Arcy: The Minister is welcome. Nobody welcomes a new tax, however, and I am sure the Minister would prefer not to have introduced this one, had there had been other options. One must compare the option of a property tax that would raise ¤500 million versus an increase in income tax. The figures I received from the Department on the Minister's budget submission show that income tax is expected...

Seanad: Finance (Local Property Tax) Bill 2012: Second Stage (19 Dec 2012)

Michael D'Arcy: This is not a Dublin tax, it is a national tax. People in Dublin will pay more.

Seanad: Finance (Local Property Tax) Bill 2012: Second Stage (19 Dec 2012)

Michael D'Arcy: Why will they pay more? It is because the value of their house is worth more. It goes without saying that anybody who lives in the countryside-----

Seanad: Finance (Local Property Tax) Bill 2012: Second Stage (19 Dec 2012)

Michael D'Arcy: -----has always had higher running costs just to live there. I speak as one who lives in the country and has always supported rural housing. Everybody who buys or builds a house in the countryside knows and accepts this is the case. There is no bus system to bring children to school. If one has children one does not have the option to keep them at home when they go to university. One has...

Seanad: Finance (Local Property Tax) Bill 2012: Second Stage (19 Dec 2012)

Michael D'Arcy: We would never say that.

Seanad: Finance (Local Property Tax) Bill 2012: Second Stage (19 Dec 2012)

Michael D'Arcy: You made it.

Seanad: Finance (Local Property Tax) Bill 2012: Committee Stage (20 Dec 2012)

Michael D'Arcy: We must consider what happened in France when it introduced the 75% tax on income. Liquid assets were moved across the border into Belgium within hours. That is what Sinn Féin would do. It would drive the remaining assets in the country out of it immediately. That would be the unintended consequence of its action. It talks about a tax on farm land. I do not know if that would go down...

Seanad: Order of Business (23 Jan 2013)

Michael D'Arcy: I raise the issue of abuse, specifically cyber abuse. Over Christmas a clip posted on YouTube came to my attention. It is commonly known as the KPMG girl clip. A young girl who clearly had had too much to drink was being goaded by a bunch of fellows. It was filmed on an iPhone and posted on YouTube for the sole purpose of demeaning her. The fellows abused the girl in this instance. She...

Seanad: Order of Business (30 Jan 2013)

Michael D'Arcy: I would welcome it if the Minister for Health was to come into the House and outline the circumstances in regard to the extensions to the hospitals in Wexford and Kilkenny. There seems to be a certain amount of begrudgery about the projects in both those hospitals. I want to put on record that the proposal to extend the emergency department in Wexford General Hospital dates back to 2005....

Seanad: Order of Business (30 Jan 2013)

Michael D'Arcy: -----the emergency department in Wexford General Hospital, it can do so, but I do not hear the Deputies or Senators representing Wexford saying anything about it-----

Seanad: Order of Business (30 Jan 2013)

Michael D'Arcy: -----nor do I hear any Member representing Kilkenny saying anything about it.