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Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: Would the Deputy have smeared individuals inside this House——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: We have introduced the Bill.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: How does the Deputy know?

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: The Minister has given a guarantee that every cent will——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: The Minister has made a commitment to seek recovery of all debts.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: Who is denying that? We want the same answers.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I did.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: No other country has done it so far.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: But that would mean old age pensioners would lose their savings.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: That would be the net effect.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I welcome the opportunity to speak on this important Bill, the title of which, Financial Emergency Measures in the Public Interest Bill 2009, sums up the current situation. It is a worldwide economic crisis that we now face and anyone who denies this is living in cloud cuckoo land. Occasionally I believe some members of the Opposition fit this description because they are not facing the...

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I will refrain from doing so and I will state that a former Member of this House who was a leader of a political party——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: ——had a loan paid back by AIB.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: The inference is that all of this is on the Fianna Fáil side and I am stating it is equally on the Opposition's side. To me, this person is no different to anybody else. If it was an ordinary individual I do not think the bank would have been as accommodating. I do not cast any aspersions on the integrity of the person, a man who did great work for this country and who I hold in the...

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I know them. I have seen them.

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I remind Deputy Burton that some years ago——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: ——the front page of the Evening Herald had one of the Labour Party's public representatives who was part——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I have the evidence and if Deputy Burton wants me to produce it——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: I remind Deputy Burton that some years ago the Evening Herald——

Financial Emergency Measures in the Public Interest Bill 2009: Second Stage (19 Feb 2009)

Michael Kennedy: ——had a picture of some of the golfing enthusiasts within the Labour Party at a golf course known as Druids Glen.

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