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Order of Business (14 May 2009)

Joan Burton: -----to see whether we can work out a strategy for the 1,000 workers at SR Technics who will be unemployed. From now on it will cost the State at least €20 million a year in addition to the €15 million it will pay out in redundancy payments. It is a no-brainer that the Tánaiste should put a package together to try to salvage something for the economy of the greater Dublin region.

Written Answers — Departmental Expenditure: Departmental Expenditure (14 May 2009)

Joan Burton: Question 44: To ask the Minister for Finance if he will provide, by number and value, the proportion of leases for office accommodation entered into by the Commissioners of Public Works for fixed rents, that are subject to rent review clauses, and that are subject to upwards only rent review clauses; if and when the Office of Public Works ceased to agree to upwards only rent review clauses;...

Written Answers — Bus Services: Bus Services (14 May 2009)

Joan Burton: Question 83: To ask the Minister for Transport if he will clarify the position in relation to the continued use of the Dublin Port tunnel by the 41X service run by Dublin Bus; if he will withdraw permission for this service to use the tunnel; and if he will make a statement on the matter. [19452/09]

Job Losses. (14 May 2009)

Joan Burton: I thank the Tánaiste and Minister for Enterprise, Trade and Employment for her reply which strongly suggests she is throwing in the towel on the survival of an operating facility in Dublin for anything more than one quarter of the current workforce at SR Technics. She seems to accept as a reality that SR Technics can asset-strip key equipment from the Dublin facility, thus disabling SR...

Written Answers — Financial Services Regulation: Financial Services Regulation (13 May 2009)

Joan Burton: Question 67: To ask the Minister for Finance if his attention has been drawn to the fact that many mortgage holders on high rate, fixed interest mortgages who have suffered significant income reductions in the past year and who have not benefitted from the European Central Bank interest rate reductions are having difficulties meeting mortgage repayments and that such mortgage holders are...

Written Answers — Proposed Legislation: Proposed Legislation (13 May 2009)

Joan Burton: Question 71: To ask the Minister for Finance if he will introduce legislation to establish an extra judicial debt settlement mechanism for persons who have problems meeting loan repayment commitments and whose creditors are seeking an agreed repayment schedule without recourse to the courts; the reason the delay in their publication in 2009; and if he will make a statement on the matter....

Written Answers — Public Sector Remuneration: Public Sector Remuneration (13 May 2009)

Joan Burton: Question 138: To ask the Minister for Finance if the powers provided under the Financial Emergency Measures in the Public Interest Act 2009 include a power by regulation to reduce rents payable by the State and public bodies under leases of land; and if he will make a statement on the matter. [19142/09]

Written Answers — Health Services: Health Services (13 May 2009)

Joan Burton: Question 161: To ask the Minister for Health and Children if she will provide a list of all voluntary not-for-profit organisations providing home help and home care package services to the State and information (details supplied) in relation to each organisation for 2008 and the first quarter of 2009. [19141/09]

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: There is one question that haunts this debate and no Minister has attempted to answer it so far. How can policy remain dominated by one purpose to the exclusion of all else, that is, that no bank should be allowed to fail and yet none should be properly nationalised? That question was answered by this Government last September in its ill-advised blanket guarantee. Unfortunately, neither...

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: Within hours it was followed by the actions of vested financial interests who saw this as a signal to carry on with business as usual, with a Government licence to back them up. There was Mr. Fingleton junior's notorious e-mail to UK depositors drumming up extra business on foot of the State guarantee. Then there was the extraordinary set of deals to manage the year-end balance sheet of...

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: Our second problem is with the funding of the asset purchases and the year-by-year cost of the associated public debts. What are they? The third issue is the absence of any commitment to public accountability and oversight such as the procedures put in place in the USA's troubled assets relief programme, TARP, or in the programmes of Sweden and other countries which did nationalise their...

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: This is a truly appalling vista. A 15% haircut is a joke and so are all the dodgy notions about fair value and intrinsic value that we hear about from the vested interests who want to get the State to pay over the odds for their reckless purchases of development lands. Some of the fields outside towns around the country are again being considered as agricultural land because they are no...

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: The Deputy should talk to them about it.

Banking System: Motion (Resumed) (13 May 2009)

Joan Burton: A poor try.

Finance Bill 2009: Second Stage (Resumed) (13 May 2009)

Joan Burton: I talked about a married couple with children.

Finance Bill 2009: Second Stage (Resumed) (13 May 2009)

Joan Burton: The Minister should check what is stated in annex A about a married couple with children.

National Asset Management Agency. (13 May 2009)

Joan Burton: Does the Minister understand that the banks, the covered institutions, are partially bankrupt? Some of them may be wholly bankrupt. He has mentioned the Governor of the Central Bank, his own Department and the regulator. Does he have confidence that these institutions have served well in this crisis? He said he had paid a minimum of €2 million to Merrill Lynch and up to €6 million for...

National Asset Management Agency. (13 May 2009)

Joan Burton: So, are they being written down?

National Asset Management Agency. (13 May 2009)

Joan Burton: Where will the Minister get that advice?

National Asset Management Agency. (13 May 2009)

Joan Burton: No. I said some of them are partially bankrupt in parts of their business.

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