Results 11,821-11,840 of 36,274 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Well, sorry, you're entitled to your opinion in terms of my line of questioning. I was actually just-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: No, I was actually ... can I just point this out? This is evidence that you're providing to this committee and it's important that ... we're relying on your testimony as evidence. When you said, and you opened this, that you were not personally friends with any builder, then I was offering you the opportunity to correct the record in relation to your evidence-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: -----and, you know, whether that's ridiculous, allowing you that opportunity or not is different.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Yes. I'm sure many people watching this would ... would deem your interpretation of a friend, you know-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: -----they'll have different interpretations what a friend is, you know, and these days we have online friends and all the rest-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: -----and Facebook friends but having a definition of a friend that they ... you go on holidays with is a ... is another version of that.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Okay. Listen, can I ... can I ask you, in relation to ... can I ask you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: I was only ... I was only giving you an opportunity to not-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Thank you. You've also acknowledged that you, in your 2004 budget, which was delivered in 2003, extended many of the property tax reliefs to 2006. Can I ask you, in light of that, when you travel around the country, and particularly if you go to the Shannon region, if you go to Leitrim, if you go to Roscommon, what do you think when you see the ghost estates, some of them that were built as...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Yes and that's all well acknowledged in terms of tax revenue and employment, and the impact it had on the ... on those communities at the time. But what is your view in relation to counties such as Leitrim, which would nearly have to double its population to occupy the houses that were built under schemes that you introduced and extended?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: The market didn't sign the Finance Bill, with respect.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: A Minister signed the Finance Bill and extended these schemes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Okay. Can I just finally ... can I finally say this, because I was-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: That's fine. It's all the market's fault, in your view, in that area. But can I put it to you, and I mentioned this here, a review of the 400 top earners in Ireland during 2002 and 2001 ... and they benefitted ... the review shows that the way that they were able to reduce their effective tax rate was through these schemes. These schemes that allowed you to have the schemes such as the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Go raibh maith agat a Chathoirligh. Fáilte roimh an tUasal Cowen. Volume 3, page 46, just of the core booklets. Mr. Cowen, the banking inquiry has received documents, and they'll come up on the screen in a minute, that shows draft OECD reports on Ireland's macroeconomic development and these were revised or partly re-worded by the Department of Finance. Can I ask you a couple of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: And the Minister was not consulted, in relation-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Okay. And do you know if this was an arrangement with other external organisations outside the OECD?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: And are you satisfied by the independence of the research carried out by these organisations?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Jul 2015)
Pearse Doherty: Okay. Mr. Cowen, on page 12, and maybe we can pull it up, of your opening statement, you list eight key factors that you believe were relevant regarding the mistakes made in the lead-up to the banking crisis, and one of those, the second point in that, is that you believed that banks became too dependent on wholesale funding. Do you believe that your policies contributed to the banks...