Results 3,901-3,920 of 4,928 for speaker:Peter Mathews
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Public Expenditure and Reform Vote: Discussion with Minister for Public Expenditure and Reform (17 Oct 2012)
Peter Mathews: This is not about egos. I want to forget about the partisan politics of the past. Let us all forget about it; the matter is too serious to do otherwise. Tomorrow and Friday the big artillery will be needed at the European Council. That is where we will need to give barrels of information and truth to Mrs. Merkel, Mr. Schäuble and Mr. Weidmann, the president of the Deutsche...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Public Expenditure and Reform Vote: Discussion with Minister for Public Expenditure and Reform (17 Oct 2012)
Peter Mathews: They are not; they are still being dishonest and must be dragged by the ear into the truth forum. In Europe we need to get up-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Public Expenditure and Reform Vote: Discussion with Minister for Public Expenditure and Reform (17 Oct 2012)
Peter Mathews: I must say-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Public Expenditure and Reform Vote: Discussion with Minister for Public Expenditure and Reform (17 Oct 2012)
Peter Mathews: I have two points on expenditure. The Minister asked for suggestions and solutions in respect of the micro-budget. One solution is to increase corporation tax by 2.5%. This would not make corporations blink, be they domestic or foreign. It would produce a figure of €670 million on the basis of the last returned corporation profit figures. We should get over the sacred-cow...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Public Expenditure and Reform Vote: Discussion with Minister for Public Expenditure and Reform (17 Oct 2012)
Peter Mathews: That a 5% surcharge be imposed on incomes of €120,000 and over.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Public Expenditure and Reform Vote: Discussion with Minister for Public Expenditure and Reform (17 Oct 2012)
Peter Mathews: Yes. An income of €120,000 would attract a surcharge of €6,000. This would produce a sum of €520 million in total. The Minister should keep doing what he is doing in respect of productivity gains, but we must find a mechanism that is easily understood and fair on the surface and in the mathematics and algebra. The corporation tax is absolutely on the agenda because...
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Decisions on Public Petitions Received: P00029/12, P00033/12, P00038/12 and P00053/12 (17 Oct 2012)
Peter Mathews: In the social contract.
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Decisions on Public Petitions Received: P00029/12, P00033/12, P00038/12 and P00053/12 (17 Oct 2012)
Peter Mathews: The comments made are apt and to the point. As a matter of public policy the new legislation should consider including the operations and internal transparencies of the Central Bank in the Ombudsman's remit. Issues may arise in respect of the Central Bank's work that expand beyond consumer protection, for example, investment clients of banks are in a grey area between consumer and...
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Decisions on Public Petitions Received: P00029/12, P00033/12, P00038/12 and P00053/12 (17 Oct 2012)
Peter Mathews: Would this impact on the Financial Services Ombudsman?
- Joint Oireachtas Committee on Public Service Oversight and Petitions: Decisions on Public Petitions Received: P00029/12, P00033/12, P00038/12 and P00053/12 (17 Oct 2012)
Peter Mathews: The petition highlights the existence of the framework of rules that apply to people in this situation. It articulates the problem clearly and asks us as public representatives and policy makers in a society that is developing whether we should investigate it as a matter of policy and alter that framework rule to include and to reflect a better fairness in the working lives of people who...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: We have €64 billion of odious debt.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: Will the Minister take on my debts?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: I thank the Minister for all of his work. He knows that I am behind him.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: Everyone else got a preamble.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: This is the first anniversary of my mention of the paper by Messrs. Cecchetti, Mohanty and Zampolli, which was produced to the central bankers of the OECD countries in Wyoming in August 2011. It was a seminal paper, but only now are the leaders of Europe waking up to it. The paper asserts that the three elements of debt in an economy - sovereign debt, household debt and non-financial...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: Will the Taoiseach ask the German Chancellor, Angela Merkel whether she understands that instead of imposing the prohibitive and delaying tactic of setting up a European cental monetary banking situation, dealing with the legacy debt in banking systems, particularly Ireland's, is an imperative? She is doing everything to delay what needs to be done. Deutsche Bank, Germany's largest bank,...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: Today and tomorrow, the main imperative is to address Chancellor Merkel and the leaders of those countries that will remain the economically strongest until their household debt and non-financial debt drifts into sovereign debt, as could happen with Deutsche Bank. The acclaimed professor of finance at MIT, Professor Simon Johnson, has examined this situation and believes it is at tipping...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: Our economy does not have a hope. I will use an analogy so that people might understand. If I as a human being am an economy with an arm, a leg and another arm, namely, household debt, national debt and corporate debt, and if people are telling me that the national debt is sustainable while ignoring the smashed condition of the household debt and the non-financial corporate debt, this body...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: It is a forced arrangement.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: 2013 Allocations for Public Expenditure - Finance Vote Group: Discussion with Minister for Finance (17 Oct 2012)
Peter Mathews: I am not commenting. I am just stating a fact.