Results 31,841-31,860 of 36,054 for speaker:Pearse Doherty
- Promissory Notes: Statements (7 Feb 2013)
Pearse Doherty: It is simply more spin from the Government. It might bring benefits in terms of the general Government balance, but it has not removed the burden of the placement of the Anglo Irish Bank on the shoulders of taxpayers, which was wrong. It has increased it. This was the time - the golden hour - to secure a deal, to say to the ECB that we are not in a position to pay back this debt.
- Promissory Notes: Statements (7 Feb 2013)
Pearse Doherty: Let us look at our unemployment rates, the 430,000 people who are unemployed – 60% of whom are long-term unemployed. Let us look at the 87,000 who emigrated last year and the similar number who are planning to emigrate next year. Let us look at the one in four people who are in mortgage distress, who have either interest-only repayments or are in mortgage arrears. Look at the...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: In 2011, on 31 March, when the Fine Gael and Labour Government issued a €3.1 billion cheque to Anglo Irish Bank, the only voices in this Chamber to raise the issue were Sinn Féin voices.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: The first vote and the only vote, before today, on the issue of the promissory note was a Sinn Féin motion that was debated over two days. Indeed, there was not even a vote in this Chamber when the Fianna Fáil Government, and Deputy Micheál Martin sat at the Cabinet table and not once but more than once, approved the issuing of the promissory note ---
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: --- but not once was a vote taken in the Dáil. It was Sinn Féin that put this issue on the agenda.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: There is a need for serious factual information to be put on the record by the Minister.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: With respect, Deputies, we have been given 15 minutes to speak. The Government Deputies have voted to guillotine this legislation. I ask them to afford me the opportunity ---
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: The Deputy should go back to the bar.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: This House, every Deputy in it and the public at home deserve to know what is going on. We are looking at live blogs on RTE, following Bloomberg and Reuters, getting leaks from the ECB and the Department of Finance. We are told that bonds will be issued over a 27 year maturity. We are told that assets will go to NAMA. We are told that powers will be devolved here and there. We are told...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: -----because we are working against the interests of the State. Five years on, another Government of different colours, the blue and the red, come together and they asked us to do exactly the same thing, to take us at face value.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: The Deputy may say that but I can guarantee him that the majority-----
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: The majority of their TDs have not read this legislation and, of those who have read it, very few understand its consequences.
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: The Cabinet concluded at 10.10 p.m. and it agreed to bring this legislation to the floor of the House. Is this real political reform? Is this the type of direction we were promised before the last election? None of us knows the full implications of this Bill-----
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: -----but what we do know is that the powers contained in it are wide-ranging. We know that this is one of a number of steps the Minister and the Government want to introduce, not to ensure we have a write-down in regard to the promissory note, but to ensure my generation, my children's generation and my children's children generation will pay the debts of bankers and criminals in Anglo Irish...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: -----and that is the truth. Section 17 allows the Minister, whenever and so often as he or she thinks fit, to create and issue securities. We are asked today to give the Minister, Deputy Noonan, or any future Minister the power to issue long-term bonds in the name of the Irish people. There is nobody in our party who would object to Anglo Irish Bank going into liquidation but it should...
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: Our party, Sinn Féin, has been consistent on the issue of the promissory note-----
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: -----and let the record show that in 2011-----
- Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Pearse Doherty: At about this time last year, we were all asked to come to the Chamber for an important announcement. We were told that the State had cobbled together an agreement that meant that we would not pay the promissory note last year. We were asked to applaud the Government and to take it at face value that a great deal had been achieved on behalf of the Irish taxpayer. However, as the mist...
- Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages (6 Feb 2013)
Pearse Doherty: Are they being given legal standing in the legislation?
- Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages (6 Feb 2013)
Pearse Doherty: In the question I asked the Minister, under the definition of "security" in section 1, I referred to subsection (b), which specifies "a guarantee, indemnity or surety". The question was specific and pertained to the Minister's speech in which he stated, "The ministerial guarantee underpinning the net debt owed to the Central Bank will also be transferred to NAMA". What is that ministerial...