Results 261-280 of 4,085 for speaker:Dan Boyle
- Seanad: Order of Business (21 Oct 2010)
Dan Boyle: The issuing of the ESRI report has confused the issue of what the Government must do and what the political system must address in dealing with the budgetary crisis. It has given the impression that somehow we can delay the inevitable. What has been suggested in the report is akin to saying that if one has a 15 year mortgage, one can turn it into a 25 year one and that one would pay less...
- Seanad: Announcement on Banking by the Minister for Finance: Statements (20 Oct 2010)
Dan Boyle: We are, in fact, one of the wealthier countries in the world, and this information is based on gross domestic product.
- Seanad: Announcement on Banking by the Minister for Finance: Statements (20 Oct 2010)
Dan Boyle: That is how we measure wealth. We are a country that has a positive balance of payments, meaning we take more money into the country than we send out of it. However, that is beside the point. The Minister of State and the regular participants in the Chamber are experiencing something like debate fatigue with what is now a weekly and sometimes bi-weekly debate on the economy, the budgetary...
- Seanad: Announcement on Banking by the Minister for Finance: Statements (20 Oct 2010)
Dan Boyle: In Anglo Irish Bank, the â¬35 billion in losses is largely made up of deposits. The bondholders have â¬8 billion of the â¬35 billion and, of that â¬8 billion, close to â¬6 billion is held by senior debt holders and some â¬2 billion to â¬2.5 billion is held by subordinated bondholders. We have now made a decision in regard to extending the bank guarantee until the end of this year,...
- Seanad: Order of Business (20 Oct 2010)
Dan Boyle: I welcome today's meeting of the party leaders, at which the four-year budgetary strategy will be considered with particular reference to the forthcoming budget. I agree with Senator Donohoe that we should avoid comments about the "hand of history upon our shoulders". Today's talks will focus on what could be agreed, rather than trying to reach agreement. It is important that we all try to...
- Seanad: Order of Business (19 Oct 2010)
Dan Boyle: The House will have an opportunity tomorrow to debate the statement by the Minister for Finance in the other House on the ultimate cost of the banking crisis. It will be an important debate because it will answer some of the questions posed this afternoon by Senator Fitzgerald. The budgetary outlook, as outlined in the monthly Exchequer figures, has been more or less on track with regard to...
- Seanad: Order of Business (19 Oct 2010)
Dan Boyle: A further factor is that forecasts for economic growth must be revised downwards. Although such growth still will occur, this has happened because of the judgment that has been made on Ireland by international ratings agencies and this is the reality we must face. Like Senator O'Toole, I am grateful for the opportunity afforded to Opposition parties to go to the Department of Finance...
- Seanad: Order of Business (19 Oct 2010)
Dan Boyle: When formulating as largely an agreed a process as possible, Members must ensure those who can take more of the brunt of such decisions do so. This is where the real political challenge will be. As for other debates before this House, I seek an opportunity to examine some of the issues that have been raised with regard to the health debate. The figure of â¬600 million to â¬1 billion,...
- Seanad: Order of Business (19 Oct 2010)
Dan Boyle: Is the Senator retiring early?
- Seanad: Order of Business (Resumed) (14 Oct 2010)
Dan Boyle: How?
- Seanad: Order of Business (Resumed) (14 Oct 2010)
Dan Boyle: Every day in the House the Senator says it cannot be done.
- Seanad: Order of Business (14 Oct 2010)
Dan Boyle: They are not used to making decisions.
- Seanad: Order of Business (Resumed) (14 Oct 2010)
Dan Boyle: I am glad the necessity for initiatives made in recent weeks, and the sincerity with which they were made, is being understood. I am somewhat saddened that it takes a number of letters and a number of people to write those letters for the message to sink in.
- Seanad: Order of Business (Resumed) (14 Oct 2010)
Dan Boyle: I am further saddened that the lack of consensus on these issues to date is being prolonged unnecessarily by people continuing to look at this as a points-scoring exercise. We have a serious situation in respect of our public finances which is exacerbated by the financial institutions' situation, but we are an economy with economic growth, a positive balance of payments and, with the...
- Seanad: Organisational Review Programme: Statements (13 Oct 2010)
Dan Boyle: The second report of the organisational review programme is interesting in terms of the four agencies it has chosen. I refer to them in an order different from the report and will refrain from alluding to the elephant in the room until last. We should start in a positive sense. The Revenue Commissioners and the Central Statistics Office, CSO, highlight best practice in the area. We should...
- Seanad: Order of Business (13 Oct 2010)
Dan Boyle: Ratings agencies have had an overall malign influence on the state of the international economy in recent years. In Ireland we have suffered recently from what seems to have been a self-fulfilling prophecy of negative reviews from ratings agencies, yet today there is a positive indication from one such agency, Standard & Poor's, to the effect that our economic situation can be resolved in...
- Seanad: Order of Business (13 Oct 2010)
Dan Boyle: My contribution was preceded by precisely this type of negative commentary which ignores a positive indicator of Ireland's present position and where we can get to. We lack that proper debate. I do not believe there was any contribution yesterday in the other House which disabused my party leader of the initiative he has undertaken. The words of the Taoiseach were adequate as an...
- Seanad: Order of Business (12 Oct 2010)
Dan Boyle: I concur with Senator O'Toole on the need for real consensus in the current political climate. To be fair to this House, there have been many contributions on the Order of Business in recent months predicated along similar lines. Part of the consensus would be that, regardless of the individual approaches adopted, there would be an acceptance that no policy option could be followed that...
- Seanad: Order of Business (7 Oct 2010)
Dan Boyle: I agree with Senator O'Toole that consensus is not the same as unanimous agreement. What we need to have agreement on, in terms of our economic situation, are headline figures and the areas in respect of which decisions must be made, without the specifics in capital, current and additional taxation measures over the next three to four years. It is important for international confidence that...
- Seanad: Order of Business (7 Oct 2010)
Dan Boyle: We have three potential Bills to debate before the Government presents the heads of the legislation it is fully intent on providing. This situation should be resolved within two weeks. If not, I would be prepared to support debate on the alternative legislation.