Results 281-296 of 296 for nama speaker:Richard Boyd Barrett
- Leaders' Questions (21 Jun 2012)
Richard Boyd Barrett: ...and disingenuous response. We will continue to subsidise private landlords unless the State directly provides council housing. If there are 230,000 empty dwellings, many of them in the hands of NAMA and State-financed banks, they should be transferred directly into council ownership, but that is not what the Government is doing. Instead, it is continuing to pay State money to private...
- National Asset Management Agency (23 May 2012)
Richard Boyd Barrett: I welcome that NAMA funds might be invested back into the economy to create employment and hopefully growth, which seems entirely sensible. I agree completely with the Minister's earlier comments. However, in what should it invest? Are the investment and employment sustainable? What are the long-term impacts of investing in particular areas? Is the Minister not concerned that NAMA's...
- Private Members' Business. Local Authority Public Administration Bill 2011: Second Stage (13 Jan 2012)
Richard Boyd Barrett: ...we cannot resolve this simple problem, as it would remove considerable pressure from local authorities. Leasing properties from developers is the wrong approach and wastes public money. Were the NAMA properties put under the direct control of local authorities, we could house significant numbers of people and the rents could accrue to the authorities, which are in dire need of extra...
- Budget Statement 2012 (6 Dec 2011)
Richard Boyd Barrett: ...Bank. An estimated â¬10 billion will be paid in interest repayments next year on the debts run up by developers, bankers and bondholders. These are the same developers that the Government, via NAMA, is paying â¬200,000 a year or to whom it is paying hundreds of millions to lease properties such as the National Convention Centre or the NTMA building, or they are the bankrupt landlords...
- Local Authority Housing (30 Nov 2011)
Richard Boyd Barrett: ...State. This is a no-brainer. Why do we not do it? We could move immediately in this direction by directly taking into local authority control empty housing and developments in the hands of the NAMA developers. In addition, I do not understand the logic of ending the direct construction of social housing when it pays the State a return to have its own local authority housing and the...
- Local Authority Housing (30 Nov 2011)
Richard Boyd Barrett: That sounds good. However, I may stand to be corrected but that does not seem to be the situation. As I understand it, it is proposed to lease the NAMA properties from the developers. These are developers who are bankrupt and whom we are bankrolling. Why not just transfer the houses, once it has been ascertained that these are up to standard, directly into the hands of the local...
- Social and Affordable Housing (15 Nov 2011)
Richard Boyd Barrett: I do not understand how property transferred or sold by NAMA can contribute to dealing with the 93,000 people on housing lists when the Government announced over the summer that there would be no more direct building of council housing. Will the Minister square that circle for me? Will the Minister also explain the economic rationale behind local authorities leasing properties from NAMA, as...
- Report by the Interdepartmental Working Group on Mortgage Arrears: Statements (Resumed) (20 Oct 2011)
Richard Boyd Barrett: ...on 13 October said the real cost could be â¬8.3 billion. We put â¬70 billion into recapitalising the banks, â¬24 billion of which was to address distressed mortgages. We put â¬35 billion into NAMA and we are paying â¬200,000 a year to developers who bankrupted this country to manage their assets. Despite this, the Government is claiming we cannot afford â¬8 billion or â¬10...
- National Tourism Development Authority (Amendment) Bill 2011: Second Stage (22 Sep 2011)
Richard Boyd Barrett: ...sea front. Local residents resisted this fiercely with huge demonstrations and, thankfully, prevented it. In doing so, they did not just protect a vital sea-front amenity but, in the context of NAMA and the number of empty developments all over the country, probably saved the taxpayer in the region of half a billion euro. This was followed by a proposal for a ten-storey apartment block...
- Public Service Staff (14 Jul 2011)
Richard Boyd Barrett: ...people to do the direct build of social housing, social housing must be provided by the private sector. Is that not more costly in the end? We get nothing at the end of it. We are paying money to NAMA or private landlords-----
- European Council Meeting: Statements (22 Jun 2011)
Richard Boyd Barrett: ...have just been told on foot of a Government proposal that they will never get a council house? The Government has instructed that local authorities should now lease properties from developers and NAMA in order that they can pay back the bankers and speculators in Europe. Will the Taoiseach tell our European counterparts that it is grossly unjust to steal our State assets to pay off the...
- Social and Affordable Housing (17 May 2011)
Richard Boyd Barrett: ...even be fiscally neutral. We would benefit if we housed the 50,000 people on the list. While acknowledging the Minister of State's earlier comments, is there not a case for allocating suitable NAMA properties to social housing applicants and, where such properties are not suitable, to engage workers to construct social housing because that would create employment, provide housing and...
- Social and Affordable Housing (17 May 2011)
Richard Boyd Barrett: ...'s reasons we cannot proceed in the manner I outlined. I accept what he said about economic constraints but this is a financially positive move for the State. We will save money if we invest in NAMA housing stock or build new social housing to house those on housing waiting lists. Surely that is a safe bet in terms of capital investment. We have money in the National Pensions Reserve...
- Written Answers — National Asset Management Agency: National Asset Management Agency (3 May 2011)
Richard Boyd Barrett: ...in view of the conflict of interest between its current role and its position as the world's largest assets management agency; and if it has given the State a guarantee not to become a client of NAMA in the future [6901/11]
- Bank Reorganisation: Statements (Resumed) (6 Apr 2011)
Richard Boyd Barrett: ...economy. That was the justification for providing an additional â¬24 billion to bail out the banks, bringing the total recapitalisation cost to â¬70 billion. This excludes the â¬25 billion for NAMA, which brings us close to â¬100 billion. I ask again what world the Minister is living in. The â¬46 billion already provided has not resulted in credit flowing into the economy. What...
- Prospecting Licences (5 Apr 2011)
Richard Boyd Barrett: ...the mark, at current oil prices that would amount to â¬900 billion of gas and oil just off the west coast. One can consider that we have just borrowed â¬100 billion to bail out toxic banks and NAMA in a deal that will enslave this country to austerity, cutbacks and an unsustainable debt burden. Would it not be better to instead invest in developing resources and establishing a regime...