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ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: The Deputy is talking about subversion six years after the War of Independence.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: The Deputy will have it soon - in time for the budget.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: There has been considerable talk about failed ideologies and so forth, which is fair enough. However, I urge some of the Deputies who have made these points to examine the roots of the global crisis we are facing. This crisis was created by a culture of deregulation and free markets gone wild with no accountability to the people. The genesis of the ideology came in the era of Margaret...

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: Before the Deputy preaches the bible of capitalism-----

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: -----he should research the damage that bible has done and is doing to ordinary working people because of the unbridled greed, selfishness-----

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: -----and abandonment of what is in the public interest.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: That is a little reminder to the Deputies opposite to have some humility if they are advancing that type of ideology. In terms of where we are here, we have a 25% share in a profitable, performing, critically and strategically important State industry being offered up for privatisation. I would remind the Fine Gael Deputies about some matters. They will remember the speeches they made about...

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: It has unleashed the slippery slope to further privatisation.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: I will deal with what the Labour Party said in a moment.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: What we have is a party with its five point plan.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: I will remind the Deputies opposite of their five point plan and that they said they would not burn the bondholders. They talk about populism - the sheer brass neck of them. They toured this country advocating Enda's five point plan. They promised they would not close hospitals and that they would save the people - the white horses were everywhere.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: When it comes to negotiating with Europe, they are like mice.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: They said they would get a 0.6% cut in the interest rates and that this was the best they would get.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: Now, thanks to the Greece crisis, the Greeks have done the negotiation for them.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: It is unreal - the brass neck of Deputies opposite to talk about populism. I will wrap up with quoting what the Labour Party said.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: It was great fun to listen to the comments of the Labour Party Deputies about the North.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: It is great that they show some concern for the people of the North.

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: The Deputy was elected-----

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: -----with a mandate-----

ESB and Disposal of State Assets: Motion (Resumed) (21 Sep 2011)

Pádraig Mac Lochlainn: A Leas-Cheann Comhairle, may I finish? I still have a minute remaining.

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