Results 36,241-36,260 of 40,550 for speaker:Joan Burton

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: The Government's valuation is the lowest.

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: With the permission of the House, I wish to share my time with Deputy Higgins.

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: I am sure the Minister, as a student, had an opportunity to read the greatest novel about the American depression in the 1930s, namely, The Grapes of Wrath by John Steinbeck. I see that he is nodding, so maybe he remembers what John Steinbeck had to say in the novel about the poverty that came from the depression, and the failure of the bankers in the 1930s to stem their own greed, and of...

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: I agree with what David McWilliams said.

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: He said that they ought to come from as far away as possible from the cosy world of the golf clubs and yacht clubs on the east coast of Dublin and Leinster. They are all members of the same ten social institutions. They all meet each other, they go to each other's parties, they went to school together and they went to college together. I went to college with many of them, so I know them.

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: I went to college with some of them, but I came via a different route and I never lost the sense that as a politician I had a duty to do more than just be a cheerleader for them. We can welcome the fact that they do well, but by goodness we must watch the public interest in what they do. One of the bankers has become everybody's favourite uncle by giving friendly quotes. Having been rescued...

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: On 6 July 2007, The Sunday Business Post carried an article which stated: Anglo-Irish Bank chairman Seán FitzPatrick raised eyebrows with his diatribe against the "corporate McCarthyism" of what he saw as over-zealous regulation of businesses. . . . Having run the boardrooms of some of Ireland's most prominent public companies, Seán FitzPatrick knows the value of picking his battles. It...

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: No, I was given a sandwich and it was lovely.

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: I refer to the Minister's regulations allowing for any pain they might suffer. What is the actuarial basis for the calculation of the risk? There is no evidence that the Minister carried out such a calculation. The Minister's officials indicated it may have been done, but the scheme indicates that all those details are confidential. Paragraph 44 of the scheme states: "A covered institution...

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: Although the scheme provides that any call on the State to honour the guarantee will be met by a payment out of this designated account, Department of Finance officials in their briefing to me made it clear that such an event would amount to an act of bankruptcy by one of the covered banks. In that event we would be in a very different situation. The account, which the Minister says will...

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: Deputy O'Keeffe should keep going. This is superb stuff.

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion (17 Oct 2008)

Joan Burton: He got up as soon as the Deputy said "brother".

Order of Business (16 Oct 2008)

Joan Burton: I want to ask the Tánaiste about two points. First, the Finance Bill has to be enacted within 100 days of the budget.

Order of Business (16 Oct 2008)

Joan Burton: Because the budget was brought forward this year and because of the Christmas recess, we are in a very tight deadline. When will the Bill be published? It would need to be published by 1 November to give us an opportunity to consider it properly. I heard Deputy Fleming speaking on "Tonight with Vincent Browne" last night——

Order of Business (16 Oct 2008)

Joan Burton: ——saying the reason for the fiasco over medical cards was that the Estimates had not been published. When will we get the Finance Bill? Second, will the Tánaiste clarify one matter before that Bill is published? From what the Minister for Finance, Deputy Brian Lenihan, said the other day, people on an occupational pension over 70 will be subject to the new 1% income tax levy. Other...

Order of Business (16 Oct 2008)

Joan Burton: She said that people with a social welfare pension will be exempt from the 1% income tax levy.

Order of Business (16 Oct 2008)

Joan Burton: No, it is not.

Order of Business (16 Oct 2008)

Joan Burton: Regarding No. 3, the arrangements for a limited debate tomorrow are not to the satisfaction of the Labour Party. I met officials of the Department of Finance last night who told me the basis of the calculation of the levy is the cost of the increase in the national debt over ten years of the State guarantee to the banks. That is €1 billion divided by ten, which is €100 million per year,...

Order of Business (16 Oct 2008)

Joan Burton: We are not accepting this arrangement.

Order of Business (16 Oct 2008)

Joan Burton: We have, once again, a cosy back-door deal for the bankers and the richest people in Irish society.