Results 35,581-35,600 of 35,973 for speaker:Pearse Doherty

Seanad: Order of Business (24 Mar 2009)

Pearse Doherty: What is that comment supposed to mean?

Seanad: Youth Services (11 Mar 2009)

Pearse Doherty: Baineann an cheist atá agam le cúrsaí cóiriúla atá ag dul ar aghaidh i gceantar Ghaoth Dobhair. Phlé mé seo cúpla seachtain ó shin sa Seanad nuair a bhí cuid mhór eachtraí ag titim amach sa cheantar ach is ceist eile í seo a bhaineann le tacaíocht a thabhairt d'ógánaigh an cheantair agus do na gardaí go mbeidh comhoibriú ann leis na hógánaigh ar dhóigh níos fearr. Tá...

Seanad: Youth Services (11 Mar 2009)

Pearse Doherty: I thank the Minister of State for his response. Unfortunately, it is not the one I had hoped to receive nor is it the one that those involved in the forum and the young people who will probably need the service in the future were hoping to receive. The Government has implemented a number of cuts and budgetary restraints. This applies to the Minister of State's Department and therefore his...

Seanad: Irish Language: Statements (11 Mar 2009)

Pearse Doherty: Cuirim fáilte roimh an díospóireacht seo. Bhí mé ag cuartú díospóireachta ó tháinig mé isteach go dtí an Teach seo ar chúrsaí Gaeilge agus Gaeltachta. Cé go gcuirim fáilte roimh an díospóireacht seo, níor chóir don Ghaeilge bheith curtha sa choirneál le linn Seachtain na Gaeilge. Níl go leor ama tugtha don díospóireacht agus ní cheart dúinn bheith ag plé cúrsaí...

Seanad: Order of Business (Resumed). (11 Mar 2009)

Pearse Doherty: What about the banking legislation?

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: Yes. I move amendment No. 3b: In page 3, before section 2, to insert the following new section: "2.—Any senior manager or any executive of a financial institution which is availing of funds under the National Pension Reserve Fund shall return all bonuses which have been collected as part of his or her remuneration in that financial institution over the past three years.".

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: I move amendment No. 3c: In page 3, before section 2, to insert the following new section: "2.—The Minister shall not direct the Commission to use funds from the National Pension Reserve Fund in excess of €7 billion for the purposes of investing in any financial institution without the consent of both Houses of the Oireachtas.".

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: I move amendment No. 3d: In page 3, before section 2, to insert the following new section: "2.—The Minister for Finance shall make a quarterly report to both Houses of the Oireachtas on all financial institutions availing of funds from the National Pension Reserve Fund.". This is another simple amendment. We might have to make these amendments a little simpler if the Minister of State is...

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: I am disappointed that the Minister of State will not accept the amendment. The National Pensions Reserve Fund has entered into new territory. As we have said, it is not being used for the purposes for which it was originally established. Annual reporting may have sufficed in the past. I do not question the best standards or practices used in such reporting. Now that we are funding banks...

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: I cannot say the right word without offending the Minister of State. I will leave it at that. He can probably think of what I was going to say.

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: I move amendment No. 3e: In page 3, before section 2, to insert the following new section: "2.—Any drawdown of funds under the terms of this Act will have sole application to the primary banking activities of either beneficiary and will be confined to the said financial institution's activities wholly within the island of Ireland.". Am I right in saying that amendment No. 5 was supposed to...

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: Perhaps Senator Twomey would like to return to that amendment.

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: Amendment No. 3e deals with the drawdown of funds under the terms of this legislation. Sinn Féin proposes that the funds should have "sole application to the primary banking activities of either beneficiary" and should be "confined to the said financial institution's activities wholly within the island of Ireland". In other words, the moneys that are drawn down should be used as we want...

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: Is the Minister saying the €7 billion can be used by AIB or any other institutions to provide massive loans in places such as New York, Boston, Chicago, Poland, Britain, Scotland and Spain where there are branches of these banks and that there is no guarantee that this money will be spent on the island of Ireland? The Minister says the Bill is to allow us to invest in these institutions...

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: I am not happy with the Minister of State's response. In trying to play down home repossessions, claiming the figures for them are not as great as they are in other countries, the reality is that home repossessions have increased 100% over the past year. Repossessions before and after Christmas have increased at an even higher rate. Home repossession is just not a statistic. It is the...

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: Bankers have made millions of euro every year through reckless behaviour. A decision can be taken on their remuneration now. However, a report is in the Minister's drawer and the Cabinet will decide on it after the legislation is passed. A statement will be made but there will have been no debate in these Houses in which we can hold the Minister to account and ask him did he cut their...

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: Hear, hear.

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: He only had the information for 900 schools out of over 4,000. He does not know about the other more than 3,000 schools.

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: No wonder the bail-out Bill was so bad.

Seanad: Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee Stage (5 Mar 2009)

Pearse Doherty: No.