Results 25,601-25,620 of 26,685 for speaker:David Cullinane
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: It is not the rota which is followed every day.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: For the last year or more, on behalf of my party I have been calling in this House for a full write-down of the debt of Anglo Irish Bank. I wish the Minister for Finance well during the current negotiations on that matter. From what we are hearing, the negotiations are not centred on a debt write-down, unfortunately. My understanding is that two things are being sought, the first of which...
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: We are not talking about a debt write-down, which is what we should be talking about.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: Government representatives need to be very careful.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: Senator Healy Eames said this was a "good day" for Ireland.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: Senator Gilroy said it was a "great day" for Ireland
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: Regardless of the deal that is concluded, it is neither "good" nor "great" that Irish taxpayers and the citizens of this State will be lumped with having to repay private banking debt.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: A write-down of that debt is necessary.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: We need to remind ourselves of what the Anglo Irish Bank promissory note was. The European Central Bank gave money to Anglo Irish Bank to write down private banking debt.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: That is not what the Government parties were saying when they were in opposition.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: I will finish by saying I welcome the negotiations.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: I am concerned that there will be no write-down of the debt. My worry is that we are kicking the can down the road. This proposal has the potential to cost us more. If we pursue it, we might end up paying more in interest in the longer run.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: We do not believe we should pay it at all. Why should the taxpayer have to repay private banking debt?
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: How is it never-never Land to say the taxpayers of this country should not have to pay private debt?
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: Should I pay the private debts of individuals in this House? Should we start paying the private debts of mortgage holders who are in distress?
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: No, we should not. Why, therefore, should we pay private banking debt? It is not a "good day" or a "great day" for Ireland. It is a sad day if we are to be forced to pay this money back. It is a sad day for Ireland.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: We are doing our bit. These are not our debts. They are not my debts or my child's debts.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: That is not true.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: Hear, hear.
- Seanad: Order of Business (22 Mar 2012)
David Cullinane: Hear, hear.