Results 5,081-5,100 of 16,537 for speaker:Brian Lenihan Jnr

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: I will not go back to square one.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: No.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: I suppose the Deputy wants me to rezone Knock too.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: I am offering to speak on the amendment.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: There are three minutes left. The debate on this amendment has ranged far and wide.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: This debate began last April when the Government published the initial proposal-----

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: -----and has progressed ever since. The question of credit is something that all of us are concerned about. Apart from that, the one aspect, on which the Opposition parties have repeatedly focused since the publication of the draft Bill last August, is the issue of long-term economic value.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: Clearly, in the guidance note by the Commission, and as acknowledged I am glad to say by Deputy George Lee at the conclusion of the debate, in asset relief schemes, one must give something to the banks in order to achieve their desired effect. While I am on this subject, I wish to say it is extraordinary that Opposition parties, who devote so much time to the exposure of the taxpayer and of...

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: -----and that there are no proposals forthcoming to address that issue.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: That is a far greater burden on my shoulders and it is a burden I will also discharge.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: How can one answer all the questions in three minutes? Deputy Rabbite raised a very interesting question about capitalisation. He made the point that it surely would have been possible to take the banks into temporary nationalisation, but once one would nationalise the banks one would be responsible for providing the banks with capital.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: It is not just a matter of shunting a few shareholders out of the way and paying them compensation. The entire funding of that bank is then assimilated to the sovereign State of Ireland and added to the national debt with all of the consequences that entails.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: With regard to this debate, history will record the fact that despite two and half months of debate, the Opposition parties still cannot distinguish between €50 billion at 1.5% and €50 billion at 4%.

National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)

Brian Lenihan Jnr: That is a simple arithmetical matter to which the Opposition parties-----

National Asset Management Agency Bill 2009: Financial Resolution (4 Nov 2009)

Brian Lenihan Jnr: I move: THAT provision be made in the Act giving effect to this Resolution, in the manner and to the extent specified in that Act, for amending the Taxes Consolidation Act, 1997 (No. 39 of 1997)— (i) in Chapter 1 of Part 22, which deals with income tax and corporation tax on profits or gains from dealing in or developing land, by charging certain such profits or gains to income tax at a...

National Asset Management Agency Bill 2009: Order for Report Stage (4 Nov 2009)

Brian Lenihan Jnr: I move: "That Report Stage be taken now."

National Asset Management Agency Bill 2009: Report Stage (4 Nov 2009)

Brian Lenihan Jnr: Ní saineolaí mé ach oiread. De réir an chomhairle atá faighte agam ón Ard-Aighne, tugann an téacs Béarla an leagan cheart d'ainm an Bhille i mBéarla. Is é sin an iomlán atáá dhéanamh againn in Alt 1. Dá bhrí sin, ní ghlacaim leis an leasú atá molta ag an Teachta Morgan. Tá sé de nós againn an ainm Bhéarla a úsáid san Alt sin i ngach Bille. Sa téacs Ghaeilge den...

National Asset Management Agency Bill 2009: Report Stage (4 Nov 2009)

Brian Lenihan Jnr: Úsáideann cainteoirí dúchasacha an focal "NAMA" i nGaeilge faoi láthair.

National Asset Management Agency Bill 2009: Report Stage (4 Nov 2009)

Brian Lenihan Jnr: We are all equal citizens in this country.

National Asset Management Agency Bill 2009: Report Stage (4 Nov 2009)

Brian Lenihan Jnr: I believe the concept involves citizens.