Results 22,101-22,120 of 26,960 for speaker:Richard Boyd Barrett
- Europe Week: Statements (8 May 2013)
Richard Boyd Barrett: It is important during this European week that we review the experience of the last year. While Members have referred to certain negative things, I want to discuss some of the positive developments here and in Europe as a whole. One of the very positive things that happened in the last week was that 4,000 people went into the Wicklow hills to join in a demonstration featuring music, poetry...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: Given that the new bank resolution regime has established that senior bondholders can take a hit and following events in Cyprus, have we not got a case for claiming some level of write-down given that we took the hit for bondholders?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: What concessions can we seek on foot of that admission?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: Is the Minister saying that he does not consider us to be in a position to seek further concessions on foot of what is a fundamental shift in policy on the part of the European Union?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: I have a question about the proposed banking resolution regime. I agree with Deputy Donnelly that it is a positive development to make a distinction between depositors and speculators or professional investors-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: -----if we want to be nicer about how we describe them.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: In the Minister's opinion is this shift largely to do with what happened in Cyprus and the intervention of the Cypriot people, where the original plan to deal with the bank financial crisis there was quite different, namely, to raid people's savings of under €100,000? However, as a result of a popular intervention, that policy was changed and bondholders, rightly, came into the firing...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: I have lots of positive things to say.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: Thank you.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: I am.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: So am I. I read Noel T. Palmer or whatever his name is. That is the only economics-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: The Minister is not addressing the point I am making. The Minister is right. There is some growth in the American economy, in Asia and so on, although there are worrying signs of what could happen in Asia. The difference between the United States and Asia is that stimulus is taking place in the United States and investment is taking place in Asia. In contrast, in Europe the austerity...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: Everybody else thinks it is.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: Paul Krugman today or-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: I know what the Minister is going to say as well.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: Okay, Minister-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: To expand on the medicinal analogy, the Minister sounds like a drug addict who is in denial, who has got to do something about the problem but continues to give himself lethal injections of the poison that is killing him.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: No, I am not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: Why is it that the Minister is so specific on debt and deficit targets? The Minister is so specific on the processes for achieving what he calls stability and utterly non-specific in terms of giving targets and timescales for addressing the unemployment crisis. How can he say the Government is taking growth and jobs seriously when he does not have anything like the projections for reducing...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Discussion with Minister for Finance (8 May 2013)
Richard Boyd Barrett: What is the target and the timescale for reducing unemployment in this country to, say, 5%?