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Seanad: Gaeltacht Bill 2012: Committee Stage (28 Jun 2012)

David Cullinane: We want to ensure that when we speak -----

Seanad: Gaeltacht Bill 2012: Committee Stage (28 Jun 2012)

David Cullinane: It is not partitionist. It accepts the fact that two Ministers on the island have responsibility for much of what Foras na Gaeilge does. These amendments simply reflect that fact. They do not give the Minister in the North any powers in this jurisdiction. To say that is to completely misrepresent the amendments.

Seanad: Gaeltacht Bill 2012: Committee Stage (28 Jun 2012)

David Cullinane: Name the two Ministers.

Seanad: Gaeltacht Bill 2012: Committee Stage (28 Jun 2012)

David Cullinane: Senator Mooney is being disingenuous. He should speak to his own colleagues, such as Deputy Ó Cuív.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: It is difficult to follow the previous contribution.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: It was all relevant but what Senator Norris said is correct. The context of this discussion, and the way in which we are being presented with this treaty, and inviolability that goes with it for the fund itself and the members of the board, is that people are fearful of a lack of democracy, scrutiny and oversight in Europe. They know these concepts created some of the problems we have and...

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: So Fine Gael would do away with court cases and the right to challenge decisions? The Senator has answered the question for us.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: According to Fine Gael, only millionaires and billionaires may take cases.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: One cannot contribute to something and then take it back. It does not make sense to give to oneself.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: If they do not agree with the real solution, that is their problem.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: That makes perfect sense.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: The Senator clearly did not listen to a word we said. I will repeat my comments when we discuss the section.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: Credit unions.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: Sinn Féin always wanted to go to the bond markets.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: Logic dictates that if one opposed section 2, one would also oppose section 3, unless one was convinced by the Minister of State's arguments, which we were not. I will make some general points on the ESM and respond to the Minister of State's contribution in which he asked for an alternative. It is important to spell out the alternative, or at least the proposition Sinn Féin is putting...

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: Of course, we could borrow. However, it makes perfect sense that one would try to grow the economy, which in turn would grow revenue. Growing the economy, revenue and finance is the easiest way to heal the difference between what one takes in and what one spends. That is why we have called for a jobs strategy and a growth strategy that would underpin a different deficit reduction strategy...

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: The Minister of State asked for responses and he said that no response had been made. We are talking about the ESM treaty, which in some respects is convoluted. The other strategy would be to devise a different way to deal with the banks. The Government has said it wants to deal with the problem by means of promissory notes, yet what we are seeing is the most convoluted system I have ever...

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: That would be the best way to do it. One option that could be examined would be for the ECB to print money. It would be different if we had to make a contribution to a different scheme but we will not support a contribution to the scheme that is before the House. We want a genuine mechanism of solidarity. We do not believe this mechanism is such. That is why we do not want to provide the...

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: I contend that what we are dealing with is not realistic.

Seanad: European Stability Mechanism Bill 2012: Committee and Remaining Stages (27 Jun 2012)

David Cullinane: I clearly remember in the 2007 general election my party was described as economic illiterates by a party which then went on to devastate the economy. I do not know whether the Minister of State will agree but it was the very policies we warned against-----

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