Results 6,921-6,940 of 13,375 for speaker:Pat Rabbitte
- Crime Levels. (10 Nov 2009)
Pat Rabbitte: I found the article insightful.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: The purpose of this section is to fix the banks. That is the overriding reason for the legislation. It would be a large gap in the legislation if there were no commitment, as is proposed in this amendment, to contribute to the sustainable social and economic development of the State. It is important that the NAMA board has the statutory imposition to look to the sustainable, social and...
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: Yes, but it has reappeared in the Bill.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: Good.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: My point is that if the Minister agreed, as he did last week, to excise it, it ought not to be reprinted in the Bill before us on Report Stage.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: I take it then that the Minister's word is equally reliable here and he will take social and economic development on board.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: Coming back to the point made by Deputy Higgins, we were having this debate last night, during the Minister's enforced absence, with the Minister of State, Deputy Power, about why to excise the word "sustainable". My colleague Deputy Burton explained at some length that, apart from any other consideration, we were doing it to foster unity between the Government partners as the minor partner...
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: It will be a nightmare.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: We have some examples.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: We are happy to move on.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: I agree with my colleague, Deputy Higgins, with regard to paragraph (x), which seeks to install this purpose as the exclusive purpose of NAMA. It is an important purpose but it is not the exclusive one and there others, some of which we have just been discussing. I do not want to go back over the matter. It causes to arise in my mind the assurance frequently given by the Minister to the...
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: Meanwhile, some of the covered institutions are taking advertisements in the newspapers stating it is business as usual. We have heard examples in this House suggesting there is not very much behind those advertisements. People have explained their personal experience during the course of this debate and how that is being manipulated to give the image of business as usual, but that is not...
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: The other factor is that we do not have anything like the same degree of sub-prime mortgages as there would be in the United States or elsewhere, and applying the same rating criteria-----
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: I will not repeat the argument advanced by my colleague, Deputy Burton. We are in exceptional times and this is an exceptional measure. These are more exceptional circumstances than any of us has ever lived through. The amendment does not seek that an audit be undertaken. It relates to straightforward reporting. The 30-day period has been already agreed for the reasons outlined. The...
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: What is amazing is that he must have been talked out of it because the Minister never addressed the issue at all. He paid no attention to him. It is like clubbing a baby seal from Fianna Fáil's point of view, which is not fair. I do not doubt the integrity or bona fides of the Green Party on this issue. If, as Deputies White and Gogarty say, they approve of the sentiment, given all that...
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: I accept it. It was the Minister of State's colleagues who did not understand the point. They introduced the audit point. I accept it does not involve auditing.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: Jack O'Connor was not around then.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: We sure are.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: The domestic habits of the Green Party leader should not be brought into the House.
- National Asset Management Agency Bill 2009: Report Stage (Resumed) and Final Stage (5 Nov 2009)
Pat Rabbitte: Will we be able to crunch some food?