Results 9,281-9,300 of 40,550 for speaker:Joan Burton

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: -----a fabulous deal in which they could do some things but, in fact, they were going to get themselves now, having almost bought out their local authority house, into a very big debt that was going to last for a long time. I know I wasn't the only Deputy subsequently who raised this. As I say, I'd 3,500 local authority houses in my constituency. I was very aware of it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: Well, I can say that the Labour Party sought to ... as I think probably all of the different parties did, as the shock of the bank guarantee settled on that awful morning ... to do the right thing as far as was possible by the country, by the people, by the State and having been a consistent critic of various elements of finance in Ireland and of the banks in Ireland, it was my honest...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: Well, first of all, I was extremely concerned and I expressed those concerns in the private briefing with the Department of Finance in relation to the two institutions, Anglo and Irish Nationwide. But a comment was offered that they had a particular model, which I didn't appear to understand. I have to say, that was a fairly seminal moment because my understanding of the position of those...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: Well, as I said earlier, Northern Rock in autumn of 2007 was a warning shot for Ireland. From the evidence I've heard, I think the Department of Finance, perhaps the politicians in government then, the people in Finance were perhaps aware of it or alerted to a potential very serious risk. Regulation which would have addressed some of the consumer protection issues, a bigger guarantee on...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: No, I recommended, in September 2007, I recommended €50,000 and people gasped, believe it or not, because it was considered so radical. I subsequently suggested that it would be €75,000 and, in fact, Deputy, former Minister Brian Lenihan, the late Brian Lenihan ultimately raised it to €100,000 and we supported that very strongly. The second really big thing that was...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: Yes, I mean, the purpose behind the Labour Party proposal - and, in fact, it was joined to Fine Gael ... it was a discussion which was held between both of the parties - was that the first time ... it was to try and tilt the regime in relation to stamp duty in favour of first-time buyers because the cost of a house, particularly in urban areas, had actually risen, from the figures you quoted,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: So that answered the question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: Sorry?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: Yes, I ... I have actually I think about 20 pages of quotes from different contributions and questions at different times-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: I ... I can offer you a copy of them but those who wish to read them can have a copy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: I ... I ... I met with the Governor at intervals and I raised my concern with the Governor. But when the Bank of Scotland (Ireland)-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: I expressed my concerns to the Governor and when Bank of Scotland (Ireland) arrived in Ireland - because this is pertinent to the answer - I expressed, and they're on the public record, reservations about the model that they were bringing into the Irish financial market. And I also expressed reservations about the development of the 100% mortgage and the apparently cheaper mortgage product...

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: What exact date, Deputy, are you referring to there?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Jul 2015)

Joan Burton: I had a general conversation, in which I raised issues in relation to matters which were developing in the Irish banking structure. I didn't have, if you like, a question-and-answer dialogue with the Central Bank Act in my hand because, bear in mind, Deputy, as we were constantly reminded - and still are - that the Central Bank is independent. So it was a conversation and a discussion in...

Order of Business (16 Jul 2015)

Joan Burton: It sounds from the contributions of some people that they probably need a little bit of a rest from this House.

Order of Business (16 Jul 2015)

Joan Burton: However, if anybody should want to stay here throughout August, I will be happy to have the Fianna Fáil Members come in and we will sit here, if necessary. I presume that is what Fianna Fáil might support. I am happy to stay here right through the summer period. However, I will be working next week and the week after to get people in my constituency and every other constituency...

Order of Business (16 Jul 2015)

Joan Burton: -----and get young people into apprenticeships and put more money into people's pockets.

Order of Business (16 Jul 2015)

Joan Burton: We are reforming and reducing the universal social charge and other taxes so people can have a higher standard of living. It seems that the Deputies opposite do not want people to do better or to go back to work. We do, however. Our mandate is to put more money into people's pockets and increase their standard of living.

Order of Business (16 Jul 2015)

Joan Burton: An aspect of achieving a better standard of living involves improving water supplies and sewerage infrastructure. This legislation implements the report of the Law Reform Commission and, among other things, ends the practice of imprisoning people for ordinary debt, a practice that dates from Dickensian times. I am happy that in a reforming Dáil like this, we are bringing such a practice...