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Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: He uses phrases such as " stuck in the mire", " economic corpse" and "banjaxed", which are all part of the Labour Party lexicon in myriad press releases we read. It is the usual politics of the old Democratic Left non-stop, day in and day out, to keep throwing the muck in case some of it might stick. (Interruptions).

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: That is the level of rhetoric we are hearing from the Deputy on an ongoing basis and thankfully people are starting to cop on to it. They will realise it more when an election takes place and we check the veracity of his policies and his proposed solutions for the country in the midst of the biggest crisis since the foundation of the State. We all know what would have happened. The economy...

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: That is the politics as usual we are getting from the Labour Party, but people are not buying that, much as the Deputy thinks they are. People are not buying it.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: The lads are back on side today, are they? Do they agree with it today.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: The lads are back on side having had a chat about it on Tuesday morning. Is Deputy Kenny back on side? Is he going with it?

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: I could not agree more with the Deputy. I knew the day would come when Deputy Kenny would realise that a no confidence motion in this Government was ill-timed and ill-judged.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: I will tell Deputies one thing, they are worth it. It is worth coming in here for half an hour.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: The final comment I want to make to Deputy Gilmore is that the only person who ran away from anything this week was himself, by not appearing on "The Frontline".

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: With regard to the dinner in Druid's Glen, it was not inappropriate for me to sit and discuss the economy or economic issues with the people who are in business or who are economic advisers in their own right and have economic consultancy firms. I would think that is not an inappropriate thing to do. What has proven to be a problem in terms of perception is that we are now projecting back...

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: It is not Bertie speak. I am trying to explain something here. I have been asked a question and want to answer it. It is not a big deal. That is the situation. On the question of what happened subsequently, of course I would rather that situation had not occurred, but it was an innocent engagement of a game of golf. The people who played the game of golf were the three people mentioned...

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: I am just trying to explain something.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: Deputy Ó Caoláin can keep that up. It may be a tactic that works in other situations in other jurisdictions but it will not work with me.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: If the Deputy said something.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: Have they?

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: I will answer the Deputy's question directly. The Deputy does not have to relentlessly pursue anything now that he has put it out on the table.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: Has it been? I will answer the Deputy. On the first matter, the state of my knowledge at the time of the making of a guarantee was the advice I obtained on that night from the regulatory authorities, the Central Bank and the Department of Finance. The people who were dealing with Anglo Irish Bank in relation to liquidity issues were from the Central Bank. The people dealing with Anglo...

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: Excuse me, Deputy. I am answering the question.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: The Deputy has suggested two possibilities. On the first in relation to the extent of my knowledge of the situation, any Minister for Finance has knowledge based on advices received from those with whom he or she works and from the regulatory authorities concerned. That is the situation, Deputy.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: Any suggestion of corruption on my part is totally out the door. It is unworthy. That is not the case. If I have to keep coming in here to say that, I will do so.

Termination of Ministerial Appointment: Announcement by Taoiseach (19 Jan 2011)

Brian Cowen: No, the public will not decide that. I am making my case here. However the election turns out will not be based on that point. It will be based on a lot issues. If the Labour Party were depending on representation based on that issue, which would be an absurd suggestion to make, one would be suggesting that there was something wrong with the Labour Party people, which I do not suggest...

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