Results 8,281-8,300 of 11,114 for speaker:Damien English

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: When will it happen?

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: That will take a year or longer.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: I have grave concerns about the life insurance levy for two reasons. Perhaps the Tánaiste will clarify if non-life insurance includes critical illness?

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: There will be no increase of 3% in respect of critical illness.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: That is definite. We should be encouraging people - in fact it should be made law - to take out life insurance and critical illness cover. In some cases, people have no choice and are forced by the banks to do so. I believe people should be legally required to take out critical illness cover. It is wrong to introduce a deterrent that will put people off taking out life insurance and...

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: That figure has now risen to €80 billion. Perhaps the Tánaiste will outline how this figure, which appears to have landed out of the sky, was arrived at. I accept an attempt is being made to address the bad debts issue. We all agree the issue must be addressed although we may differ on the method by which that is done. The proposed method will in my opinion take a long time. We were...

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: This measure will not deal with the issues and problems of the next six months. We could be facing a serious situation come October or November. The crisis is happening this year, not next year. I am concerned it will take too long to establish the proposed National Asset Management Agency. I hope the Tánaiste heeds my concern. There is a perception among the public that officials in...

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: What we got today is a promise of 400 new CE places. One small town in Sneem, County Kerry, would take up 400 CE places.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: We need to get real.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: I said that too.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: I did not ask for that.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: It is €50 million this year.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: I wish to clarify a point. I was not suggesting we rush through the establishment of the national asset management agency. My concern is that its establishment will take a long time and rightly so.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: It is a delicate issue. In accepting that establishment of the agency may take a long time, the Tánaiste should take on board our concerns in regard to small business. If it takes six months to sort out the problem, that is six months during which small business will not have access to money, which is my concern. That is what I meant. What will happen in the next six months to a year has...

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: I would like to finish my point.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: I just need a couple of seconds.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: Will the Tánaiste speak to the Taoiseach and her colleagues? Will she go back to the regulator and his staff, who came into our committee on two occasions to tell us that having scrutinised, researched and checked the loans in the banks, they had come up with a figure of approximately €39 billion? I accept that the Tánaiste cannot give the answer now. There is a big difference between...

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: Yes.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: A Cheann Comhairle, I am not going to take smug stupidity from a Minister who should know better.

Financial Resolution No. 10: Stamp Duties (7 Apr 2009)

Damien English: The Minister, Deputy O'Dea, does not have the cop on to realise that the difference between €40 billion and €80 billion is a hell of a lot of money. He should not make a laughing matter of it in here.