Results 23,121-23,140 of 26,960 for speaker:Richard Boyd Barrett
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: Is that for residential mortgages?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: What we are proposing is to write down to current market values the residential mortgages. Approximately how much would that cost?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: We are interested in keeping roofs over people’s heads.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: It is probably approximately €3 billion.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: Okay. Perhaps it is between €3 billion and €4 billion.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: It is my time to ask questions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: The point is that all and sundry are saying that the State would like to write down its debts to sustainable levels in order that the economy can recover when it comes to debts. We apply the same principle to residential mortgages. That would be the easiest way to sort this out. The bank has been provisioned to do that. This gets to the heart of the question of whose interests the public...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: Exactly.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)
Richard Boyd Barrett: Okay, if Mr. MacSharry does not mind, I heard him say those things already. That is not clear at all to me. The 2010 Act states that the public interest duty imposed on directors takes priority over any other directorial duty. That is clear. They have a mandate to vindicate the public interest over any other duty. If the public had any opportunity to instruct them as to what representing...
- European Council Brussels: Statements (19 Dec 2012)
Richard Boyd Barrett: I have two questions.
- European Council Brussels: Statements (19 Dec 2012)
Richard Boyd Barrett: The Acting Chairman should not worry. I will not take as long as Deputy Martin did. The development of the banking union and supervision of the banks by the ECB is being presented as a sort of panacea to which we should look forward. Why is that being presented as some sort of positive development when the ECB, by any reasonable assessment of what has gone on, has an enormous...
- European Council Brussels: Statements (19 Dec 2012)
Richard Boyd Barrett: Our unions are planning on doing something early in the new year. What can the Tánaiste say to them? Is there anything coming out of this summit that offers them anything when the Government's medium-term fiscal outlook indicates that unemployment will go from 14.8% to 13% by the end of 2015. The promise is that we will get a reduction of less than two percentage points in unemployment.
- European Council Brussels: Statements (19 Dec 2012)
Richard Boyd Barrett: What does that offer us?
- European Council Brussels: Statements (19 Dec 2012)
Richard Boyd Barrett: The resulting costs are very clear in Irish society. Despite all the European of the year awards, the backslapping and hugs between leaders at these summits, the Taoiseach is delivering nothing in terms of debt relief and it is becoming increasingly clear that he is not even asking for debt write-downs. We are getting nothing to deal with the unemployment crisis. The Government's own...
- European Council Brussels: Statements (19 Dec 2012)
Richard Boyd Barrett: Before I make my main points, I must correct the record. In a telling comment, Deputy Martin claimed Fianna Fáil was the first party to call for a referendum on the fiscal treaty. This is interesting, first because it is not true-----
- European Council Brussels: Statements (19 Dec 2012)
Richard Boyd Barrett: It is not true. Second, it indicates that even Fianna Fáil, notwithstanding its support for all the referendums, knows there are serious problems at the heart of the European project that are affecting people, and they are, amazingly, calling for a wealth tax, for which some of us have long been calling for. This reveals a growing awareness among large numbers of people in this country...
- Order of Business (19 Dec 2012)
Richard Boyd Barrett: The sale by Coillte this week of 1,000 acres of public land, bringing to 40,000 the number of acres of public forestry sold by the company in the past 20 years or thereabouts, indicates that our forest heritage is being sold from under our feet. I have asked repeatedly, in this context and in the context of the Government's stated commitment to sell off the harvesting rights of Coillte, when...
- Order of Business (19 Dec 2012)
Richard Boyd Barrett: I also object to the guillotine being imposed on this legislation. It is clear that the banks are not willing to engage in the sort of debt write-down that is necessary to deal with this suffocating burden of distressed mortgage debt. In that context, serious questions need to be asked and teased out about whether this legislation will achieve the aim of dealing with the problem of mortgage...
- Order of Business (19 Dec 2012)
Richard Boyd Barrett: The guillotine should be lifted to allow for proper scrutiny of this most important legislation.
- Written Answers — Department of Health: Departmental Expenditure (19 Dec 2012)
Richard Boyd Barrett: To ask the Minister for Health the cuts he intends to make to reach the target of €780 million; and if he will make a statement on the matter. [57030/12]