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Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: We cut all of the-----

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: They are not lending.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: Does the Minister not know that?

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: The Minister should read the Standard & Poor's document.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: No, it is important to Fianna Fáil.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: The Minister of State is not that tight with the Minister, Deputy Willie O'Dea.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: There is very little the Deputy and the Minister, Deputy Willie O'Dea, agree on.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: He should not take the analogies too far.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: I thank the Chair. I always look forward to his protection. He is a perfect gentleman.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: I was unable to be here all the time during the debate because, like many other Deputies, I spent the last three or four hours in Molesworth Street listening to the people on the march who were giving their take on the way the Government has dealt with the issue of redress and people who were in institutions. While we will get an opportunity to discuss that important issue tomorrow and on...

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: If anyone disagreed or made any critique it was almost as though one was accused of patriotic disloyalty. The Taoiseach was fatally wrong. A United Kingdom commentator has listed four things a country needs like a hole in the head, namely, a boom based on a property bubble; a boom based on a credit bubble; an economy with excessive dependence on financial services; and a Government on a...

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: I could understood if the shed cost €3 million or €10 million. However, given the nature of the economy these people ran, it cost €30 million. The shed is lovely, but how and why did we spend €30 million on it? It was a spending spree and money was no object. The attitude was if there was a problem, throw money at it and do not address the underlying problem. Political priorities...

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: The prospect of over-paying for the transfer of impaired loans from the banks, including Anglo Irish Bank, is appalling for most taxpayers. One can dress it up in highfaluting phrases, such as long-term economic value, and wrap the consent of the European Commission around it to give a legitimate veneer, but one cannot hide the true meaning of what is proposed, that is, to force the taxpayer...

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: He said it was not going to cost us a penny, then it was going to cost us €1.5 billion. It was announced on the bank holiday weekend when it was hoped people would be at the beach and would not have time to take in the information that it would cost €4,000 million. Another €3.6 billion later, we had €17.9 billion of impaired loans to be transferred over and the same or up to the...

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: The ESRI says of this year's fiscal deficit that the Government is responsible for €14 billion.-----

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: Last Friday, the people of this country said at the ballot box: "We have found out Fianna Fáil and the Greens; we are worried about our children's future; we are worried about our jobs; we want you guys to leave." As Churchill said when referring to Neville Chamberlain - "In the name of God, go and go now." That is what the people of Ireland want.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: Churchill used the quote as well.

Confidence in Government: Motion (resumed) (10 Jun 2009)

Joan Burton: Churchill also used that phrase.

Written Answers — State Banking Sector: State Banking Sector (9 Jun 2009)

Joan Burton: Question 97: To ask the Minister for Finance his views on recent media reports that he, as sole shareholder, and his Department had agreed at the recent annual general meeting of Anglo Irish Bank to change the institution's articles of association; if he will confirm the veracity of the report; if the directors of Anglo Irish Bank have been indemnified as reported; if he will provide a...

Written Answers — State Banking Sector: State Banking Sector (9 Jun 2009)

Joan Burton: Question 98: To ask the Minister for Finance if he will outline with reference to his statement to press reporters on 25 May 2009 that he is providing working capital to Anglo Irish Bank, what he means by reference to working capital; the nature and extent of the provision provided under that heading; the difference between Anglo Irish Bank's current need for working capital and any possible...

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