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Seanad: Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages (20 Jan 2009)

Donie Cassidy: I did not get a chance, because of time constraints on Second Stage, to put on record that this, the third largest bank in the country, has been responsible for the employment of tens of thousands of people over the past ten or 12 years. Looking back on the ICC Bank and the ACC Bank, my question to the Minister of State is does this now mean that the assistance of small and medium sized...

Seanad: Anglo Irish Bank Corporation Bill 2009: Second Stage (20 Jan 2009)

Donie Cassidy: Now.

Seanad: Business of Seanad (20 Jan 2009)

Donie Cassidy: I propose that we commence consideration of the Bill at 7 p.m.

Seanad: Order of Business (20 Jan 2009)

Donie Cassidy: The Order of Business is No. a1 on the Supplementary Order Paper and Nos. 1 and 2 on the Order Paper. No. a1, allocation of time motion setting out the arrangements for the debate on No. 1 and No. 2, motion re earlier signature, shall be taken without debate. No. 2 is the Anglo Irish Bank Corporation Bill 2009, on which it is proposed spokespersons may speak for ten minutes and all other...

Seanad: Order of Business (20 Jan 2009)

Donie Cassidy: I want to assure the House that I always have been consistent as regards the allocation of time necessary for Members to express their views. This is a special sitting of the House, called to discuss emergency legislation. The time allocated in the Seanad is the very same as that allocated in the Dáil. I know it may not be enough for many Members, but there are 166 Deputies in the Dáil——

Seanad: Order of Business (20 Jan 2009)

Donie Cassidy: ——and 60 in the Seanad.

Seanad: Order of Business (20 Jan 2009)

Donie Cassidy: Having said that, I will propose in the House on Tuesday next that we allocate all afternoon, all evening and all night for discussion of all matters of concern that would have been allowed by the Appropriation Bill, which Members agreed without debate just before the Christmas recess. I will agree with the leaders the allocation of time required for Senators to make their contributions....

Seanad: Allocation of Time: Motion (20 Jan 2009)

Donie Cassidy: I move: That, notwithstanding anything in Standing Orders: (1) The Seanad shall adjourn not later than 11p.m. tonight; (2) The Second and Remaining Stages of the Anglo Irish Bank Corporation Bill 2009 shall be taken today and the following arrangements shall apply: (i) the proceedings on Second Stage, if not previously concluded, shall be brought to a conclusion at 9.20 p.m. and the...

Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Committee and Remaining Stages (19 Dec 2008)

Donie Cassidy: I covered all matters in my vote of thanks. I thank everyone for their attention to the Finance Bill this evening and all day today. This was the busiest session in terms of divisions in any Seanad since 1937. It is a great credit to everyone for their total commitment to the House. I wish them all well and look forward to working again in 2009.

Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Committee and Remaining Stages (19 Dec 2008)

Donie Cassidy: It is proposed to adjourn sine die.

Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Committee and Remaining Stages (19 Dec 2008)

Donie Cassidy: I would like to make a contribution on that issue because the position outlined by Senator Doherty is not correct. While I will always support a measure that is good for society, there is a huge degree of risk involved and there must be an incentive for the risk taker. As I have often said here, if there are no golden geese there will be no golden eggs. This is a major employer in rural...

Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Committee and Remaining Stages (19 Dec 2008)

Donie Cassidy: As we see currently and as Senator Twomey pointed out to the House——

Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Committee and Remaining Stages (19 Dec 2008)

Donie Cassidy: ——quite a number of these small hospitals are in a difficult financial position and those who invested heavily in these schemes are not getting back the return. In some cases they are but they are not in 50% or more of the cases.

Seanad: Finance (No. 2) Bill 2008 (Certified Money Bill): Committee and Remaining Stages (19 Dec 2008)

Donie Cassidy: That is what the section states. It deals with risk taking. I understood that was the point Senator Twomey made earlier.

Seanad: Order of Business (19 Dec 2008)

Donie Cassidy: The Order of Business today is No. 1, Finance Bill 2008 — All Stages, to be taken at the conclusion of the Order of Business; with contributions of spokespersons not to exceed 12 minutes and those of all other Senators not to exceed seven minutes, and Senators may share time by agreement of the House. The business of the House will be interrupted for 30 minutes at the conclusion of Second...

Seanad: Order of Business (19 Dec 2008)

Donie Cassidy: I join with Senator Alex White in mentioning the sad passing of Conor Cruise O'Brien. The former Deputy and Member was a very strong-minded man and made an immense contribution in his time. He was a central figure in Irish society for much of the last 75 years. I pass on our condolences to his wife Máire and his family. Senators Fitzgerald, O'Toole, Alex White, Boyle, Coghlan, Hanafin,...

Seanad: Order of Business (18 Dec 2008)

Donie Cassidy: Second Stage speech.

Seanad: Order of Business (18 Dec 2008)

Donie Cassidy: I would like to acknowledge former Senator Mulcahy in the Gallery. Senators Fitzgerald, O'Toole, Hannigan, Regan, Callely, Ó Murchú, Coffey, Bacik, Coghlan, Hanafin, Buttimer, Norris, O'Reilly, Mullen and Healy Eames expressed various concerns regarding the economy. As I said in the House yesterday, although some Senators may not have been here, we had a special debate on the economy on 6...

Seanad: Order of Business (18 Dec 2008)

Donie Cassidy: The facts are that the House sat all day for a special debate on the issue on 6 December. I hope that puts the record straight.

Seanad: Order of Business (18 Dec 2008)

Donie Cassidy: It was a full day's debate on the economy, which is what the framework document is about today.

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