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Leaders' Questions (23 May 2012)

Richard Boyd Barrett: It is actually one of the best reasons to vote against the fiscal treaty.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: It is not an insurance policy for the people of this country. It is an insurance policy for the banks and the speculators in Europe.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: It is a mechanism to shove more austerity down the throats of Irish citizens-----

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: -----and citizens across Europe.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: Is it not the truth that the Taoiseach is deceiving people?

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: According to the ESM treaty, which I have before me, "there may be paid out of the Central Fund or the growing produce of that Fund sums, aggregating to a sum not exceeding €11,145,400,000".

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: That is in the treaty.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: The treaty also states that "if indispensable to safeguard the financial stability of the euro area as a whole and of its Member States", then "the ESM may therefore provide stability support". If it "may" provide it, then it follows that it may not.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: The point I am making is that "may" is not the same as "will".

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: The treaty also provides that "in the interest of the ESM, the Chairperson of the Board of Governors, Governors, alternate Governors, Directors, alternate Directors, as well as the Managing Director-----

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: -----and other staff members shall be immune from legal proceedings". That is what it says. It is incredible.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: It is no wonder that the Taoiseach does not want to face the facts.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: Will the Taoiseach-----

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: -----own up about the-----

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: I started with "Will the Taoiseach", which means I was about to ask a question. Will he own up about the deception he is perpetrating on the Irish people about the real content of the ESM?

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: It may cost us €11 billion to bail out the European banks.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: We will have no control over this body. It will be immune from prosecution.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: It will not have to pay taxes.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: I asked a question.

Leaders' Questions (23 May 2012)

Richard Boyd Barrett: I do not say that. I have never said that.

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