Results 28,181-28,200 of 32,583 for speaker:Richard Bruton
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: If the Minister agrees to come to the House, I might be satisfied. Let me ask the question. The Minister did not answer it first time around and I am sure the Ceann Comhairle will not tolerate another intervention from me. The Minister intends to establish rules for dividends which we will not see as they have not yet been established or presented. We ought to see them as they are...
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: That is not what I asked. The Minister should not side-step the question, he should answer it.
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: That is not what I asked. I want to see a strategy. The Minister says the ideal is that the banks recapitalise themselves, that curbing dividends is a way of re-establishing matters, that the banks are adequately capitalised, even bearing in mind the new ratios. If that is the case, the Minister needs to return with a report showing his confidence is well-placed and that we can be...
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: That is the question everyone is asking and the Minister should not move away from the point.
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: That is not adequate.
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: We know what happened.
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: Only with the consentââ
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: Only within this framework, within the cost to the State.
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: Fine Gael has supported the mechanism of a guarantee on deposits. However, as we stated from the outset, we also seek maximum protection of the taxpayer in the implementation of this scheme. In the development of the scheme, the Minister has met many of Fine Gael's concerns in respect of bringing in restrictions on dividends, remuneration and having public directors on boards. I welcome...
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: I understand that it does, but the primary scheme set out is based on this calculation of a premium on public debtââ
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: ââat present, but this is all we can see. This is the only calculation that will have the authority of the House, apart from another scheme. I am sure the Minister will answer the query later. There is a question mark over this matter and we must hear if this is only to be a temporary approach, and if there is to be another approach we need to hear what that will be. As a temporary...
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: I apologise. I did not realise I was coming to the end of my slot. I understand each bank will have its own scheme. Will a different approach be taken in each case? Will a tiered scheme be introduced to differentiate between banks that have strong capitalisation and banks that do not? We do not want the entire banking system to be frozen. If some banks are strongly capitalised, they will...
- Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)
Richard Bruton: The Deputy is telling a story. The Chairman should allow him to finish.
- Leaders' Questions (15 Oct 2008)
Richard Bruton: There is a decision here. Is it now a review?
- Leaders' Questions (15 Oct 2008)
Richard Bruton: The Taoiseach can read out policy statements, but why does he not look for something from the banks?
- Leaders' Questions (15 Oct 2008)
Richard Bruton: The Minister of State, Deputy Conor Lenihan, should not shout down his Taoiseach.
- Budget Statement 2009 (14 Oct 2008)
Richard Bruton: That is a ridiculous system but the Minister persists with it. We have not seen in this budget the commitment to reform that is necessary. The budget should have been a watershed and should have provided for real changes, whereby managers were held responsible, power was devolved, change was implemented and people were expected to reach high standards. This was the opportunity to do it...
- Budget Statement 2009 (14 Oct 2008)
Richard Bruton: Over four reckless budgets the Minister for Finance's predecessor dragged this economy to the very edge of a cliff. Today, with this budget, the Minister has pushed us over the edge. We were told this would be a budget about making provision for the future, but it is all about extra taxes for ordinary families, extra charges for people and cutting capital spending.
- Budget Statement 2009 (14 Oct 2008)
Richard Bruton: The truth is hard for the Deputies opposite to take. Today we see increases in income tax, capital gains tax, DIRT, VAT and motor tax. Every tax has been increased. This is not what the country needed. The capital programme has been axed by â¬1,300 million, which is a cut of 11%. This was a time when we needed investment for the long-term future. The Minister has made decisions today...
- Budget Statement 2009 (14 Oct 2008)
Richard Bruton: They have been found in the small crumbs that trickle across the table to ordinary people who are struggling. They have seen higher charges for drug refunds, accident and emergency departments, and hospital admissions. Their medical cards have been means tested even at very low income levels. The Minister has hit those who are most vulnerable. People awaiting home care packages have felt...