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Order of Business (14 Mar 2013)

Pearse Doherty: With respect, I asked the Minister whether he was willing to impose the same threat to cut bankers' pay as he was to impose legislation to cut pay in the public sector.

Order of Business (14 Mar 2013)

Pearse Doherty: The Minister completely dodged that question.

Order of Business (14 Mar 2013)

Pearse Doherty: I spoke about similarities, but there is no similarity in the Government's approach. It is stating to public sector workers that it will introduce legislation to cut their pay if they do not sign up to the deal, whereas the bankers are asked to reduce their payroll costs and how they do it is up to them.

Order of Business (14 Mar 2013)

Pearse Doherty: It does not matter that they are earning €400,000 or €500,000.

Leaders' Questions (14 Mar 2013)

Pearse Doherty: -----prescriptive about the solutions that were offered. He spoke about debt write-downs but he has not firmly placed it as an option for the banks. Why has the Minister not considered taking the veto off the banks and establishing an independent agency that could compel the banks to accept solutions which they have so far not being willing to accept?

Leaders' Questions (14 Mar 2013)

Pearse Doherty: The Government has taken a hands-off approach to this. The targets will be set by the Central Bank which is independent and these will be supervised by it. However, the Central Bank cannot compel a bank to prescribe a set of options. The only action the Central Bank can take in the plan announced by the Minister yesterday is to force the banks to make provisions against the losses of the...

Leaders' Questions (14 Mar 2013)

Pearse Doherty: The banks have already been recapitalised to do that, so it is not a significant threat. Will the Minister accept that at the core of the mortgage crisis is the issue that people's incomes have dropped substantially? Some of this has happened because of unemployment. For others, it is because the Government's budgetary polices have picked their pockets of disposable income. Will the...

Leaders' Questions (14 Mar 2013)

Pearse Doherty: We know the Government has targeted children and families through cutting child care benefit, taxing maternity benefit and increasing college fees.

Leaders' Questions (14 Mar 2013)

Pearse Doherty: All these budgetary measures have reduced peoples ability to pay their mortgages. This needs to be dealt with in a holistic approach. The banks need to be forced to do the right thing. I have documents, which I released last week, which show what the banks are doing to the buy-to-let sector. The banks are telling borrowers that if they speak about arrangements or even tell that they are...

Leaders' Questions (14 Mar 2013)

Pearse Doherty: There is no transparency in the Minister's approach to mortgage resolutions. Will he accept that his budgetary position of picking the pockets of people struggling to pay their mortgages is making the crisis worse?

Leaders' Questions (14 Mar 2013)

Pearse Doherty: Yet, it cannot do anything.

Leaders' Questions (14 Mar 2013)

Pearse Doherty: It is not independent agency, it is just supervisory. What we called for was an independent credit agency. The Minister should not misquote me.

Leaders' Questions (14 Mar 2013)

Pearse Doherty: The Central Bank is a supervisory agency.

Leaders' Questions (14 Mar 2013)

Pearse Doherty: It is not about taxing the unemployed.

Leaders' Questions (14 Mar 2013)

Pearse Doherty: Inné, d'fhógair an Rialtas an plean úr ó thaobh dul i ngleic le cruachás na morgáistí. I ndiaidh dhá bhliain gan aon rud a dhéanamh, nuair atá dúblú tagtha ar méid na ndaoine atá in riaráistí morgáiste 90 lá nó níos mó, tchímid go bhfuil an plean sin lochtach san dóigh...

Leaders' Questions (14 Mar 2013)

Pearse Doherty: This is not the first time that the Government, and indeed the previous Government, have brought forward a plan to deal with the mortgage crisis. When Deputy Martin's party was kicked out of office there were 120,000 families in mortgage distress. Every plan that the previous Administration and this one have brought forward has failed because it has left the decision up to the banks. The...

Written Answers — Department of Finance: Tax Code (14 Mar 2013)

Pearse Doherty: To ask the Minister for Finance the reason for his change in policy regarding claiming travel expenses for self-employed persons who travel to their place of work in the Cork region; and the reason this policy change has been backdated to 2008. [13466/13]

Job Creation and Economic Growth: Motion (Resumed) [Private Members] (13 Mar 2013)

Pearse Doherty: That is not true.

Job Creation and Economic Growth: Motion (Resumed) [Private Members] (13 Mar 2013)

Pearse Doherty: I honestly do not know how to respond to some of the comments made by Deputy Lawlor. I am not sure whether his leg injury went to his head, but it seriously affected the information he provided here today.

Job Creation and Economic Growth: Motion (Resumed) [Private Members] (13 Mar 2013)

Pearse Doherty: We put down this motion to bring to the attention of Government something it has failed to see, because its members have their heads so far stuck in the sand that they fail to realise there is a massive unemployment crisis. Despite the Government being two years in office and despite all its cheerleaders coming in to pump out the party line, it has failed to make any impact whatsoever on the...

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