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Seanad: Order of Business (23 Apr 2009)

Paul Coghlan: It has not got it yet.

Seanad: Order of Business (23 Apr 2009)

Paul Coghlan: Or both.

Seanad: Order of Business (23 Apr 2009)

Paul Coghlan: That is correct.

Seanad: Order of Business (23 Apr 2009)

Paul Coghlan: That is true.

Seanad: Order of Business (23 Apr 2009)

Paul Coghlan: When will the legislation be published?

Seanad: Order of Business (23 Apr 2009)

Paul Coghlan: I wish to second Senator Fitzgerald's proposed amendment to the Order of Business. It is the most important issue facing the country because without stability in the banking system our economic recovery will fail and we will not achieve the lift-off we all desire. The sooner this item at the top of the agenda is tackled the better. Although we do not have any details, there is talk that we...

Seanad: Order of Business (23 Apr 2009)

Paul Coghlan: I am asking specifically about the relevant legislation, an issue I have raised previously with the Leader. The body is in place and has everything except authority. It is not able to function because legislation is not in place. Where is the long-promised legislation? The Leader must tell the House. Although this is an urgent matter, it is not as urgent as the matter on which an...

Seanad: Supplementary Budget Statement 2009: Statements (9 Apr 2009)

Paul Coghlan: I wish to share time with Senator Buttimer.

Seanad: Supplementary Budget Statement 2009: Statements (9 Apr 2009)

Paul Coghlan: I welcome the Minister of State to the House and wish him well in the future. I recognise the quality of his work. I will allow my colleague, Senator Buttimer, to deal with the budgetary imbalance between taxation, spending and job creation and instead concentrate on the portion of the Minister's Budget Statement that dealt with the proposed national asset management agency under the aegis...

Seanad: Supplementary Budget Statement 2009: Statements (9 Apr 2009)

Paul Coghlan: They would not be worth much now.

Seanad: Order of Business (9 Apr 2009)

Paul Coghlan: I agree with the other speakers, including Senator Twomey, on the national asset management agency, which is proposed to operate under the aegis of the National Treasury Management Agency. We need an urgent debate on this. As we can see already, many questions are being asked. We have seen three documents on the agency, including the abridged summary of Dr. Bacon's report, the press...

Seanad: Order of Business (9 Apr 2009)

Paul Coghlan: ——is the guard to the knave, so to speak. We will be able to impose a levy on the banks if, ultimately, there is a shortfall. I do not agree with nationalising the banks. Will the Leader address the matter of the legislation? When will we have it?

Seanad: Order of Business (8 Apr 2009)

Paul Coghlan: Hear, hear.

Seanad: Order of Business (8 Apr 2009)

Paul Coghlan: I second Senator Fitzgerald's proposed amendment to the Order of Business today. While all Members expected a fair measure, sadly the Government got the balance completely wrong yesterday between increased taxation and spending controls.

Seanad: Order of Business (8 Apr 2009)

Paul Coghlan: That is the basic point I wish to make.

Seanad: Order of Business (8 Apr 2009)

Paul Coghlan: There is no jobs plan in the budget.

Seanad: Order of Business (8 Apr 2009)

Paul Coghlan: Although Members were lectured repeatedly on jobs, the measure proposed yesterday contained nothing to sustain or create jobs. Nothing was done on PRSI relief for employers to create new jobs or to improve the position on VAT and there was no green economy stimulus. This budget is lacking on essentials. Measures that Members proposed and thought the Government agreed constituted essential...

Seanad: Order of Business (7 Apr 2009)

Paul Coghlan: We all accept that today's budget must be comprehensive and credible, which implies fairness. I am glad to note the Government's signal that it will finally take the so-called bad bank route. However, a timetable in that regard is important. I understand that only an outline will be announced today, without details, to the effect that the Government intends to set up a State asset...

Seanad: Order of Business (2 Apr 2009)

Paul Coghlan: That is blackmail.

Seanad: Order of Business (2 Apr 2009)

Paul Coghlan: And for the Minister for Justice, Equality and Law Reform.

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