Results 12,841-12,860 of 14,090 for speaker:Marc MacSharry
- Seanad: Order of Business (13 Feb 2013)
Marc MacSharry: I propose an amendment to the Order of Business, namely, that the Minister for Finance would come to the House to inform us what actions he proposes to take to deal with the mortgage arrears emergency which now faces the country. I mentioned it briefly yesterday. The rhetoric has continued into today whereby the Governor of the Central Bank has been on the airwaves suggesting that the...
- Seanad: Order of Business (12 Feb 2013)
Marc MacSharry: They were also taken before the report on the Magdalen laundries.
- Seanad: Order of Business (12 Feb 2013)
Marc MacSharry: Development and delivery are clearly different. There is no delivery on the ground whatsoever.
- Seanad: Order of Business (12 Feb 2013)
Marc MacSharry: It is a disgrace.
- Seanad: Order of Business (12 Feb 2013)
Marc MacSharry: There is nothing knee-jerk about it.
- Seanad: Order of Business (12 Feb 2013)
Marc MacSharry: It is just over three years since, speaking from the other side of the House, I and others first predicted in this House the crisis in mortgage arrears. Since that time there has been the Cooney report, the Keane report and a superficial code of conduct, but on the ground there are ambivalent banks who engage only in a superficial way. By way of showing forbearance, they are giving no...
- Seanad: Order of Business (7 Feb 2013)
Marc MacSharry: Not over 40 years.
- Seanad: Order of Business (7 Feb 2013)
Marc MacSharry: I want to comment on the issue of recent days. While we appreciate the relative praise that has come from the Government side I would advise it not to make coalition plans yet. Last night we took a leap of faith in the interest of the Government but many of us, if not all of us, are deeply uneasy about aspects of the legislation.
- Seanad: Order of Business (7 Feb 2013)
Marc MacSharry: I am deeply uneasy about the stay on legal actions against the bank. I am deeply concerned that it was as planned as the Government said last night. What plans could have been or should have been put in place for the staff who are not going to be taken on by a liquidator who will not have the same salaries and conditions? They are a concern. Underlying all of that is a concern about the...
- Seanad: Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages (6 Feb 2013)
Marc MacSharry: On a similar issue, for the employees who will wake up later this morning to this bad news, as the Minister is no doubt aware there were voluntary schemes available recently within IBRC, particularly the Anglo Irish Bank part of IBRC, and packages offered. In the circumstance that, on the Minister's own admission, this was a prepared situation, albeit abruptly done this evening as a result...
- Seanad: Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Marc MacSharry: I welcome the Minister and thank him for taking the time to come before the House. In the first instance, people will be disappointed with what appears to be transpiring in the context of the country's debt. In June, we were informed that sovereign debt would be separated from bank debt. However, the legislation indicates that this will no longer be the case. That is a concern because the...
- Seanad: Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Marc MacSharry: Whatever happens on foot of the enactment of this legislation or whatever deal is reached later today, what is happening is not going to be the game changer that was predicted with regard to easing the pressure on citizens in the context of the adjustment which must take place. In fact, that is a much larger issue which is connected to the dithering taking place in Europe. There is a policy...
- Seanad: Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Marc MacSharry: -----if we do not pass the Bill, this will give rise to difficulties in respect of some ¤15.5 billion tomorrow. That is why I will be supporting the legislation, which contains a number of draconian measures. The enabling Act comes to mind when I contemplate the kind of powers that are going to endow the Minister with plenipotentiary control and that will ensure he will not be obliged to...
- Seanad: Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Marc MacSharry: I will conclude on a point with which, I am sure, many people will agree. If we consider what happened during the term of office of his predecessor, the late Brian Lenihan Jr., the period prior to the 2008 bank guarantee and the arrival of the IMF and what is taking place this week, there is no doubt that the Minister never intended to come before the House in the middle of the night in...
- Seanad: Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Marc MacSharry: This is a very important and critical point.
- Seanad: Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Marc MacSharry: Who has access to the information necessary to bury this country?
- Seanad: Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Marc MacSharry: This is not a criticism of the Government. The Senator should listen to what I am saying.
- Seanad: Irish Bank Resolution Corporation Bill 2013: Second Stage (6 Feb 2013)
Marc MacSharry: I am criticising people at the highest level within the ECB, who have access to critical information and who today - through Bloomberg and other media outlets - have forced the Minister, who is doing his best, to introduce and ram through the Oireachtas this Bill, which contains the type of controls that formed part of Hitler's Enabling Act. We must ask who is leaking the information to...
- Seanad: Garda Resources: Motion (6 Feb 2013)
Marc MacSharry: I thank the Minister for making himself available this afternoon for the earlier debate as well as this motion, as well as the filibuster length of his speech -----
- Seanad: Garda Resources: Motion (6 Feb 2013)
Marc MacSharry: ----- although I know that was not his intention. I thank him for his detailed contribution, which contained much with which all of us can agree. Nobody doubts his personal commitment to doing the best job he can. That goes for the Minister of the day irrespective of his or her party or Department. I followed the debate on the monitor while I was preparing to come down to the Chamber and I...