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Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Michael D'Arcy: What is Mr. Vaughan's view on commentators who espoused a particular view but subsequently changed it and gave an inconsistent view on the banking sector? How did people, whose views altered and changed, influence his interaction with them? Did he hold the views of those whose viewpoints changed in the same high regard as those with a consistent view?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Michael D'Arcy: I may not be asking it particularly clearly. Some commentators changed their views. They espoused a particular view and all of a sudden that view changed. I am thinking of Mr. David McWilliams's view on the bank guarantee. He took a position and a month later he took a contrary position. Mr. Vaughan has said that the editorial is his personal view in conjunction-----

Committee of Inquiry into the Banking Crisis: Context Phase (25 Mar 2015)

Michael D'Arcy: Mr. Vaughan stated the editorial is his personal view in conjunction with the opinion of people whom he trusts. If their position evolves, changes or alters, how does this influence the editorial he would write subsequent to their views altering?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Dr. Byrne is very welcome. I wish to refer to her book entitled Political Corruption in Ireland 1922-2010, A Crooked Harp? Why did she bring the period for her book to an end at 2010?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Her book follows on from where her submission concluded. On page 1 of the introduction her book reads, "Although the Irish public mind is perhaps convinced that corruption is a prevailing feature of political life, there has been almost no empirical investigation into the veracity of this assumption". What is Dr. Byrne's opinion about the "prevailing feature of political life" that the...

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Dr. Byrne also stated "that a culture of deference" between Government elected representatives and State authorities with banks and the property sector was well established by the 1990s. This culture of deference "operated where political parties and individual politicians were especially financially vulnerable". Can that statement not be made about every country in the world that has an...

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Yesterday Professor Farrell attended here. He quoted the UK, as a jurisdiction, and that our system is based on theirs, plus they were prepared to evolve much faster than ours. For example, the UK is moving towards fixed term elections. Does Dr. Byrne think that an unwillingness to evolve our systems, structures, not just the body politic, but also the public via referenda is unhelpful...

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: I gave that as an example. I refer to the fact that we are slow and hesitant to take an opportunity to evolve the political structure.

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: That is okay. I wish to refer to Dr. Byrne's book again. In Chapter 4 she discussed, in the context of planning controls, how demographic and market changes impacted on demand within the economy and the effectiveness of planning legislation which was in place at that time. Can she expand on that, please?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: It is page-----

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Yes, the 1963 Planning Act.

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: On page 5 of today's submission, Dr. Byrne states, "[M]uch miisuse of power occurs where personal relationships, patronage, lobbying, political favours and political donations unduly influence the decision-making process even if no laws are broken". Can she expand upon the extent to which there is corruption if a law is not broken?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Did Dr. Byrne's research on corruption show that the longer a party was in government the more corrupt it became, or did it show the contrary?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Therefore, it is about the individual, not the party.

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Let me ask Dr. Byrne about the existing funding for local government. Does she believe the existing funding structure has contributed to potential corruption?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Dr. Byrne mentioned tax incentives in her submission. She said the criticism of tax incentives was that they continued for too long. Am I correct in saying this?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Were there tax incentives in other countries that Dr. Byrne analysed? If so, did they end when they were supposed to end?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: I thank Dr. Byrne. I started on page 1 and will finish on page 239, which is the final page. In the last sentence of Dr. Byrne's book, she writes, "Ireland’s loss of economic sovereignty in 2010, due to a perception of political failure and the unorthodox influence of vested interests, may yet motivate Irish public life to engage in state building and re-imagine Irish society with an...

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: I thank Mr. McDonald for attending. He has put a lot of play on zoning. I shall ask about the checks and balance, following on from zoning, and the provision of services. Does that have to do with councillors?

Committee of Inquiry into the Banking Crisis: Context Phase (12 Mar 2015)

Michael D'Arcy: Mr. McDonald made the assertion earlier that zoning was to happen on the basis of it standing for the five-year period of the local area plan. In a lot of cases, the checks and balance within the system was that the Department did not provide funding for water and-or water and sewerage.

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